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ICRA AVP salaries in India (Updated 2025)

Annual salary range
8 - 15 years exp.
₹24 Lakhs - ₹42 Lakhs
Salary of majority employees
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9% less than the average AVP Salary in Financial Services Companies for 8 - 15 years of experience

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Last Updated: 10 Mar 2025

Companies similar to ICRA for AVP

Company name Avg Annual Salary Open Jobs
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Crisil AVP Salary

4 - 14 years exp. (5 salaries)

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₹12 L/yr - ₹29 L/yr

arrow icon 21% less
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CareEdge Ratings AVP Salary

10 - 15 years exp. (3 salaries)

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₹16 L/yr - ₹23.5 L/yr

arrow icon 25% less
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Moody's Analytics AVP Salary

7 - 17 years exp. (5 salaries)

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₹18.5 L/yr - ₹42 L/yr

arrow icon 8% more
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S&P Global AVP Salary

12 - 16 years exp. (8 salaries)

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₹20.8 L/yr - ₹40 L/yr

arrow icon 2% more
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JPMorgan Chase & Co. AVP Salary

8 - 19 years exp. (662 salaries)

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₹14.5 L/yr - ₹48 L/yr

arrow icon 12% more
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Wells Fargo AVP Salary

5 - 16 years exp. (236 salaries)

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₹12.5 L/yr - ₹49 L/yr

arrow icon 5% more
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LKP Securities AVP Salary

11 - 19 years exp. (5 salaries)

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₹10.8 L/yr - ₹13.6 L/yr

arrow icon 57% less
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5paisa Capital Ltd. AVP Salary

4 - 17 years exp. (5 salaries)

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₹12 L/yr - ₹33 L/yr

arrow icon 12% less
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Master Trust AVP Salary

8 - 14 years exp. (3 salaries)

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₹11.3 L/yr - ₹15.5 L/yr

arrow icon 49% less
AVP salary at ICRA ranges between ₹24 Lakhs to ₹42 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 8 latest salaries received from various employees of ICRA.

Latest annual salaries shared by ICRA AVP

2d ago
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13 years exp.
4mo ago
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12 years exp.
9mo ago
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8 years exp.
1y ago
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15 years exp.
1y ago
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12 years exp.
1y ago
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11 years exp.

Experience wise ICRA AVP salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹27 L/yr - ₹50.7 L/yr
9 years (AmbitionBox Estimate)

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₹25.3 L/yr - ₹32.3 L/yr
10 years (AmbitionBox Estimate)

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₹11.2 L/yr - ₹42 L/yr
11 years (AmbitionBox Estimate)

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₹24 L/yr - ₹50.3 L/yr
12 years  (3 salaries)

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₹25 L/yr - ₹31 L/yr
View all

Similar Designation salaries in ICRA

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₹3.4 L/yr - ₹12.5 L/yr
Senior Analyst Salary
(147 salaries)
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₹10 L/yr - ₹34 L/yr
Analyst Salary
(110 salaries)
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₹6 L/yr - ₹21.75 L/yr
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₹24 L/yr - ₹51 L/yr
Lead Analyst Salary
(42 salaries)
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₹3.55 L/yr - ₹6.7 L/yr
Deputy Manager Salary
(36 salaries)
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₹4 L/yr - ₹11.98 L/yr
Process Analyst Salary
(32 salaries)
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₹2.9 L/yr - ₹4.86 L/yr
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₹3 L/yr - ₹3.7 L/yr
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₹2.3 L/yr - ₹11.66 L/yr
Support Analyst Salary
(28 salaries)
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₹2 L/yr - ₹4.85 L/yr

Salary related reviews for ICRA

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

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

read more

Business Operations Department

3.0
  •  posted on 15 Nov 2021

2.0
 for  Salary and Benefits

Likes

Salary paid on time, WFH benefits during pandemic,

Dislikes

No career growth ; Sr. Mngmnt is clueless about where to steer the company ; Bosses are supreme ; mediocrity thrives as does "behind"-licking ; antiquated IT systems; : efficient ppl across dept's are fired without proper intimation ; good folks across Analysts, Business Development and other functions have been forced to resign ; they had 3 MD's since 2019 till 2021 - hence this org. is running like a headless chicken ; appraisal is a farce - boss's impression is the last impression ; don't know how to handle employees or clients and their issues ; feel that they are obliging a client by doing their ratings / providing other services ; full of themselves ; Current crop of Sr. Mngmnt is sickening (to put it mildly) ; if immediate course corrections aren't made (starting with doing away with the dead-weights in Sr. Mgmt), ICRA is going to go the way of Dinosaurs !

read more
  • Salary - Poor
  • +5 more

Finance & Accounting Department

2.0
  •  posted on 31 May 2021

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

Long working hours, no extra pay, no overtime pay, no work life balance. You wake up you have to sit in fron of the computer and you will fall asleep as soon as you close the system. On an average working hours is min 12-13 hrs through out the year..

read more
  • Salary - Bad
  • +5 more

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.

read more

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..!

read more
  • Salary - Poor
  • +5 more

Business Development Department

4.0
  •  posted on 19 Jun 2019

4.0
 for  Salary and Benefits

Likes

Teammates are good, encouraging manner, helping in work. Training was not adequate. Job security can't assured. Salary & benefits are reasonable. Growth opportunities are less. In appraisal process, they are doing politics. Learning is less. Work environment quiet monotonous. Work life balance is very good, as 5 day work culture. No work after 6PM

read more
  • Salary - Good
  • +3 more

Dislikes

In recruitment itself, depending upon candidate's background and education institution they fix salary and position. it's not fair. Carreer growth opportunities are limited. In appraisal, they are showing partiallity. Work is too monotonous. Complex product to sell. No good reputation in market. No support from Manager in job.

read more
see more salary related reviews

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ICRA AVP Salary FAQs

What is the salary of AVP at ICRA ?
The average salary of a AVP at ICRA in India typically ranges from ₹24.0 Lakhs to ₹42.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of AVP at ICRA earn more than ₹39.3 Lakhs per year, and the top 1% earn over ₹42.0 Lakhs per year. AVP 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 8 ICRA employees in India.
What is the estimated take home salary of a AVP at ICRA in India?
The estimated take-home salary of a AVP at ICRA in India typically ranges from ₹1,73,748 to ₹1,80,468 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹42.0 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 8 salaries received from various employees of ICRA. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICRA for AVP in India?
JPMorgan Chase & Co. ₹14.5 Lakhs to ₹48.0 Lakhs per year
Moody's Analytics ₹18.5 Lakhs to ₹42.0 Lakhs per year
Wells Fargo ₹12.5 Lakhs to ₹49.0 Lakhs per year
S&P Global ₹20.8 Lakhs to ₹40.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICRA, depending on the role and experience level.
What is the salary of a AVP in companies similar to ICRA in India?
The salary of a AVP at companies similar to ICRA in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

5paisa Capital Ltd. ₹12.0 Lakhs to ₹33.0 Lakhs per year
Crisil ₹12.0 Lakhs to ₹29.0 Lakhs per year
CareEdge Ratings ₹16.0 Lakhs to ₹23.5 Lakhs per year
Master Trust ₹11.3 Lakhs to ₹15.5 Lakhs per year
LKP Securities ₹10.8 Lakhs to ₹13.6 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 AVP at ICRA in India?
The salary growth for a AVP at ICRA depends on factors such as experience, performance, and promotions. On average, a AVP can expect the following growth trajectory at ICRA:

Experience Average Salary Range
8 years ₹27.0 Lakhs to ₹50.7 Lakhs per year
9 years ₹25.3 Lakhs to ₹32.3 Lakhs per year
10 years ₹11.2 Lakhs to ₹42.0 Lakhs per year
11 years ₹24.0 Lakhs to ₹50.3 Lakhs per year
and so on.

Tell us how to improve this page.

ICRA AVP salary in India ranges between ₹24 Lakhs to ₹42 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 ICRA latest salaries received from various employees of ICRA.