ICRA Assistant Vice President Salaries by 70+ Employees (Updated 2025)

8 - 15 years exp.

₹24 Lakhs - ₹51 Lakhs

Salary of majority employees

Fixed (78%)

₹31.3 Lakhs

Variable (22%)

₹8.8 Lakhs

36% more than the average Assistant Vice President Salary in Financial Services Companies for 8 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 8 - 14 years exp. (21 salaries)	₹24 L/yr - ₹51 L/yr
Finance & Accounting Assistant Vice President Salary 8 - 15 years exp. (15 salaries)	₹27.5 L/yr - ₹49.8 L/yr
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Risk Management & Compliance Assistant Vice President Salary 9 - 15 years exp. (6 salaries)	₹35 L/yr - ₹51 L/yr
Sales & Business Development Assistant Vice President Salary 8 - 14 years exp. (5 salaries)	₹24 L/yr - ₹38.5 L/yr
Research & Development Assistant Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹38.9 L/yr

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Last Updated: 8 Mar 2025

Companies similar to ICRA for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Assistant Vice President Salary 5 - 20 years exp. (2.1k salaries)	₹16 L/yr - ₹45 L/yr 25% less	4 job openings
Wells Fargo Assistant Vice President Salary 2 - 17 years exp. (1.4k salaries)	₹12.2 L/yr - ₹41.2 L/yr 38% less
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Axis Mutual Fund Assistant Vice President Salary 10 - 16 years exp. (6 salaries)	₹20.8 L/yr - ₹36 L/yr 35% less
LKP Securities Assistant Vice President Salary 13 - 20 years exp. (6 salaries)	₹8 L/yr - ₹13 L/yr 74% less
Bajaj Finserv Assistant Vice President Salary 2 - 19 years exp. (5 salaries)	₹20 L/yr - ₹45 L/yr 25% less
Spa Capital Service Assistant Vice President Salary 11 - 14 years exp. (5 salaries)	₹13 L/yr - ₹16 L/yr 64% less
5paisa Capital Ltd. Assistant Vice President Salary 16 - 19 years exp. (5 salaries)	₹12 L/yr - ₹28 L/yr 41% less
Emkay Global Financial Services Assistant Vice President Salary 14 - 22 years exp. (4 salaries)	₹12 L/yr - ₹22 L/yr 52% less	1 job opening
Marwadi Shares & Finance Assistant Vice President Salary 16 - 24 years exp. (4 salaries)	₹15 L/yr - ₹27 L/yr 48% less
Master Trust Assistant Vice President Salary 8 - 17 years exp. (4 salaries)	₹7.2 L/yr - ₹13.5 L/yr 75% less
BOBCARD Ltd. Assistant Vice President Salary 14 - 16 years exp. (4 salaries)	₹9.1 L/yr - ₹33.7 L/yr 46% less	3 job openings
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Weizmann Forex Assistant Vice President Salary 12 - 32 years exp. (3 salaries)	₹7 L/yr - ₹14 L/yr 80% less

Assistant Vice President salary at ICRA ranges between ₹24 Lakhs to ₹51 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 76 latest salaries received from various employees of ICRA.

Experience wise ICRA Assistant Vice President salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
8 years (10 salaries)	₹24 L/yr - ₹43.5 L/yr
9 years (12 salaries)	₹24 L/yr - ₹40 L/yr
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10 years (11 salaries)	₹29 L/yr - ₹51 L/yr
11 years (11 salaries)	₹30 L/yr - ₹51 L/yr
12 years (9 salaries)	₹25 L/yr - ₹47 L/yr
13 years (9 salaries)	₹30 L/yr - ₹45 L/yr
14 years (10 salaries)	₹30 L/yr - ₹50 L/yr
15+ years (4 salaries)	₹30 L/yr - ₹49.8 L/yr

View all

From

Assistant Vice President

8 - 15 years exp.

Vice President

10 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICRA

Technical Lead Salary

(AmbitionBox Estimate)

₹13.8 L/yr - ₹17.6 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹10.7 L/yr - ₹13.7 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Principal Consultant Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹34.2 L/yr - ₹43.7 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹14.3 L/yr - ₹18.3 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹11.2 L/yr - ₹14.3 L/yr

Senior Associate Salary

(13 salaries)

₹4.01 L/yr - ₹12.28 L/yr

Project Manager Salary

(3 salaries)

₹21.9 L/yr - ₹27 L/yr

Top skills at ICRA for Assistant Vice President

Credit Risk Banking Credit Analysis Credit Policy Financial Analysis Credit Rating Commercial Banking Credit Research Financial Modelling

Salary related reviews for ICRA

1.8

Rated by 3 employees for salary & benefits

Assistant Vice President in Kolkata

Finance & Accounting Department

2.0

• posted on 18 Oct 2020

2.0

for Salary and Benefits

Likes

Fact that they are not insisting to come to office is a good move and arrangements for work from home remain satisfactory.

Dislikes

The company for the first time in recent history has reduced the variable pay considerably even though the performance during the previous year was not that bad. Seemed to be a motivated move to reduce the CTC of all the employees although some top management guys continued to get special bonus and retention bonuses..! The politics at the middle level management continues to haunt them leading to lower growth opportunities for the hard working lot..!

Salary - Poor

+5 more

Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 21 Nov 2023

3.0

for Salary and Benefits

Likes

Salary on time. Reimbursement on time.

Work-life balance - Good

Dislikes

Internal politics, Nepotism, partiality and the HR dept is terrible. No one will ever give you any answer/solution. They are good for nothing. Every month people change, you even don't know who to contact. Seniors wont help you achieve your targets nor they are willing to travel for meetings. Unwanted team calls. Whenever your manager is free or not in any mood for meeting, he/she will schedule Virtual team calls.

Job security - Poor

+3 more

Business Development Manager in Bangalore Rural

Full Time

Sales & Business Development Department

2.0

• posted on 05 Jun 2023

1.0

for Salary and Benefits

Likes

Good learning, but after sometime you do the same repetitive tasks tho

Skill development - Good

+1 more

Dislikes

Salary below market standards No employee engagement programs No motivation for employees Most of the employees just wait for next appraisal cycle so that they can leave after

Salary - Bad

+3 more

Icra Analytics in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 10 Jun 2022

3.0

for Salary and Benefits

Likes

This company has excellent culture and job security. Everyone is very polite and humble and the pay is as per industry average but there is very less perks and other benefits.

Skill development - Good

+5 more

Dislikes

... as such to dislike but only thing I can say is to give some perks to employees. Like for transport and foods they deduct from your salary.

Senior Associate Analyst in Kolkata

Finance & Accounting Department

5.0

• posted on 08 Apr 2022

3.0

for Salary and Benefits

Likes

Company has decent work pressure and seniors and Managers are well behaved and helps alot in the work , Policies of this company are very employee friendly and has a strong management system which prevents and unethical working situation prevailing in this company, one can easily Balance work life and personal life while working here.

Skill development - Excellent

+5 more

Dislikes

Career growth is not decent and salary are not upto the market standard .

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ICRA Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at ICRA ?

The average salary of a Assistant Vice President at ICRA in India typically ranges from ₹24.0 Lakhs to ₹51.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Assistant Vice President at ICRA earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹51.0 Lakhs per year. Assistant Vice President Salaries at ICRA can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 70+ ICRA employees in India.

What is the estimated take home salary of a Assistant Vice President at ICRA in India?

The estimated take-home salary of a Assistant Vice President at ICRA in India typically ranges from ₹2,38,838 to ₹2,48,500 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹51.0 Lakhs per year for employees with experience ranging from 8 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 70+ salaries received from various employees of ICRA. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Vice President at ICRA ?

To be a Assistant Vice President at ICRA in india, the key skills required include:

- Credit Risk
- Banking
- Credit Analysis
- Credit Policy
- Financial Analysis

These skills are highly valued at ICRA and are crucial for successful performance in a Software Engineering role.

What is the salary of a Assistant Vice President in companies similar to ICRA in India?

The salary of a Assistant Vice President at companies similar to ICRA in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv	₹20.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹16.0 Lakhs to ₹45.0 Lakhs per year
Axis Mutual Fund	₹20.8 Lakhs to ₹36.0 Lakhs per year
Wells Fargo	₹12.2 Lakhs to ₹41.2 Lakhs per year
5paisa Capital Ltd.	₹12.0 Lakhs to ₹28.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Vice President at ICRA in India?

The salary growth for a Assistant Vice President at ICRA depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President can expect the following growth trajectory at ICRA:

Experience	Average Salary Range
8 years	₹24.0 Lakhs to ₹43.5 Lakhs per year
9 years	₹24.0 Lakhs to ₹40.0 Lakhs per year
10 years	₹29.0 Lakhs to ₹51.0 Lakhs per year
11 years	₹30.0 Lakhs to ₹51.0 Lakhs per year

and so on.

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ICRA Assistant Vice President Salaries

ICRA Assistant Vice President salary in India ranges between ₹24 Lakhs to ₹51 Lakhs with an average annual salary of ₹. Salary estimates are based on 76 ICRA latest salaries received from various employees of ICRA.