ICRA Bangalore / Bengaluru Assistant Vice President Salaries by 10+ Employees (Updated 2025)

8 - 13 years exp.

₹25 Lakhs - ₹45 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

30% more than the average Assistant Vice President Salary in Financial Services Companies for 8 - 13 years of experience

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Salaries in different departments

Finance & Accounting Assistant Vice President Salary 8 - 13 years exp. (3 salaries)	₹30.5 L/yr - ₹40 L/yr
Research & Development Assistant Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹36.7 L/yr
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BFSI, Investments & Trading Assistant Vice President Salary 11 years exp. (AmbitionBox Estimate)	₹36.5 L/yr - ₹45 L/yr
Sales & Business Development Assistant Vice President Salary 9 years exp. (AmbitionBox Estimate)	₹32 L/yr - ₹36.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to ICRA for Assistant Vice President in Bangalore / Bengaluru

ICRA Assistant Vice President Salary

8 - 13 years exp. (11 salaries)

₹25 L/yr - ₹45 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Assistant Vice President Salary 5 - 20 years exp. (974 salaries)	₹13 L/yr - ₹45 L/yr 18% less	2 job openings
Wells Fargo Assistant Vice President Salary 2 - 17 years exp. (778 salaries)	₹13 L/yr - ₹45 L/yr 33% less
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LKP Securities Assistant Vice President Salary 18 - 20 years exp. (3 salaries)	₹9.9 L/yr - ₹13 L/yr 72% less
Deutsche Bank Assistant Vice President Salary 7 - 20 years exp. (754 salaries)	₹15 L/yr - ₹45.2 L/yr 19% less	1 job opening
HSBC Group Assistant Vice President Salary 5 - 20 years exp. (658 salaries)	₹13.8 L/yr - ₹45 L/yr 18% less	5 job openings

Assistant Vice President salary at ICRA ranges between ₹25 Lakhs to ₹45 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of ICRA.

Experience wise ICRA Assistant Vice President salaries in Bangalore / Bengaluru

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹32.9 L/yr - ₹42.1 L/yr
9 years (3 salaries)	₹32 L/yr - ₹40 L/yr
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10 years (3 salaries)	₹30 L/yr - ₹67.1 L/yr
11 years (AmbitionBox Estimate)	₹33.9 L/yr - ₹43.3 L/yr
12 years (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
13 years (AmbitionBox Estimate)	₹34.5 L/yr - ₹44.1 L/yr

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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.

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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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ICRA Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at ICRA in Bangalore / Bengaluru?

The average salary of a Assistant Vice President at ICRA in Bangalore / Bengaluru typically ranges from ₹25.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Assistant Vice President in Bangalore / Bengaluru at ICRA earn more than ₹42.0 Lakhs per year, and the top 1% earn over ₹45.0 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 10+ ICRA employees in India.

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

The estimated take-home salary of a Assistant Vice President at ICRA in Bangalore / Bengaluru typically ranges from ₹2,26,639 to ₹2,35,750 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 8 years to 13 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 10+ 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 in Bangalore / Bengaluru?

To be a Assistant Vice President at ICRA in Bangalore / Bengaluru, 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 Bangalore / Bengaluru?

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

JPMorgan Chase & Co.	₹13.0 Lakhs to ₹45.0 Lakhs per year
HSBC Group	₹13.8 Lakhs to ₹45.0 Lakhs per year
Deutsche Bank	₹15.0 Lakhs to ₹45.2 Lakhs per year
Wells Fargo	₹13.0 Lakhs to ₹45.0 Lakhs per year
LKP Securities	₹9.9 Lakhs to ₹13.0 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 Bangalore / Bengaluru?

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

Experience	Average Salary Range
8 years	₹32.9 Lakhs to ₹42.1 Lakhs per year
9 years	₹32.0 Lakhs to ₹40.0 Lakhs per year
10 years	₹30.0 Lakhs to ₹67.1 Lakhs per year
11 years	₹33.9 Lakhs to ₹43.3 Lakhs per year

and so on.

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ICRA Assistant Vice President Salaries in Bangalore / Bengaluru

ICRA Assistant Vice President salary in Bangalore / Bengaluru ranges between ₹25 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 ICRA latest salaries received from various employees of ICRA.