Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by ICRA Team. If you also belong to the team, you can get access from here

ICRA Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

ICRA Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 10 years exp.
₹8 Lakhs - ₹17.7 Lakhs
Salary of majority employees
unlock blur
unlock blur

30% less than the average Manager Salary in Financial Services Companies for 4 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Manager Salary
4 - 10 years exp. (4 salaries)
unlock-blur

₹9.5 L/yr - ₹17.7 L/yr

Marketing & Communication
Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
unlock-blur

₹8 L/yr - ₹10.9 L/yr

Last Updated: 3 Jan 2025

Companies similar to ICRA for Manager in Mumbai

Logo
ICRA Manager Salary

4 - 10 years exp. (7 salaries)

unlock blur

₹8 L/yr - ₹17.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
JPMorgan Chase & Co. Manager Salary

6 - 17 years exp. (390 salaries)

unlock blur

₹7 L/yr - ₹25.5 L/yr

arrow icon 39% more
2 job openings
Logo
Bajaj Finserv Manager Salary

1 - 10 years exp. (64 salaries)

unlock blur

₹3.5 L/yr - ₹10.9 L/yr

arrow icon 41% less
Logo
Axis Mutual Fund Manager Salary

1 - 14 years exp. (24 salaries)

unlock blur

₹6 L/yr - ₹21.5 L/yr

arrow icon 28% more
Logo
Emkay Global Financial Services Manager Salary

5 - 15 years exp. (11 salaries)

unlock blur

₹6 L/yr - ₹11.5 L/yr

arrow icon 29% less
Logo
BOBCARD Ltd. Manager Salary

3 - 15 years exp. (11 salaries)

unlock blur

₹7.3 L/yr - ₹20 L/yr

arrow icon 29% more
Logo
unlock blur

₹10 L/yr - ₹27 L/yr

arrow icon 67% more
2 job openings
Logo
5paisa Capital Ltd. Manager Salary

8 - 18 years exp. (6 salaries)

unlock blur

₹6 L/yr - ₹12.8 L/yr

arrow icon 9% more
Logo
BASSEIN CATHOLIC CO-OP BANK Manager Salary

7 - 9 years exp. (6 salaries)

unlock blur

₹10 L/yr - ₹14 L/yr

arrow icon 4% less
Logo
LKP Securities Manager Salary

3 - 12 years exp. (5 salaries)

unlock blur

₹5.7 L/yr - ₹16 L/yr

arrow icon 22% less
Logo
Weizmann Forex Manager Salary

11 - 17 years exp. (5 salaries)

unlock blur

₹3.8 L/yr - ₹4.8 L/yr

arrow icon 61% less
Logo
Indostar Home Finance Manager Salary

3 - 17 years exp. (4 salaries)

unlock blur

₹8 L/yr - ₹9 L/yr

arrow icon 25% less
unlock blur

₹8 L/yr - ₹26 L/yr

arrow icon 53% more
Manager salary at ICRA ranges between ₹8 Lakhs to ₹17.7 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of ICRA.

Latest annual salaries shared by ICRA Manager in Mumbai

2mo ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
6 years exp.

Experience wise ICRA Manager salaries in Mumbai

Last Updated: 3 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

unlock blur

₹10 L/yr - ₹17.7 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹11.3 L/yr - ₹20.6 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹8.5 L/yr - ₹20.7 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹10.4 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹8 L/yr - ₹21 L/yr
View all
ICRA Manager Salary and Career Growth

From

To

Manager

unlock blur Lakhs/yr

1 - 12 years exp.

Senior Group Manager

unlock blur Lakhs/yr

4 - 16 years exp.

Manager 1 - 12 years exp.
unlock blur
Senior Manager 4 - 9 years exp.
unlock blur
arrow icon 53% hike
    Senior Group Manager 4 - 16 years exp.
    unlock blur
    arrow icon 32% hike
    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

    Senior Analyst Salary
    (48 salaries)
    unlock blur
    ₹12 L/yr - ₹31.2 L/yr
    unlock blur
    ₹24 L/yr - ₹51 L/yr
    Deputy Manager Salary
    (6 salaries)
    unlock blur
    ₹6 L/yr - ₹11 L/yr

    Salary related reviews for ICRA

    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.

    read more
    • Job security - Poor
    • +3 more

    Sales & Business Development Department

    3.0
      •  posted on 10 May 2021

    1.0
     for  Salary and Benefits

    Likes

    Work from Home is very Good.

    • Work-life balance - Good

    Dislikes

    ... Management is not good. They are interested in reducing the salaries and bonus. Most of us get Low salary compare to our market knowledge and Experience. Middle and Top Level Management is enjoying all salaries. They don't motivate there employees at all.

    read more
    • Salary - Bad
    • +4 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

    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

    read more
    • Salary - Bad
    • +3 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    ICRA Manager Salary FAQs

    What is the salary of Manager at ICRA in Mumbai?
    The average salary of a Manager at ICRA in Mumbai typically ranges from ₹8.0 Lakhs to ₹17.7 Lakhs per year, depending on experience (from 4 years to 10 years).

    The top 10% of Manager in Mumbai at ICRA earn more than ₹16.4 Lakhs per year, and the top 1% earn over ₹17.7 Lakhs per year. Manager 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 7 ICRA employees in India.
    What is the estimated take home salary of a Manager at ICRA in Mumbai?
    The estimated take-home salary of a Manager at ICRA in Mumbai typically ranges from ₹82,261 to ₹84,407 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹17.7 Lakhs per year for employees with experience ranging from 4 years to 10 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 7 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 Manager in India?
    Central Depository Services (I) ₹10.0 Lakhs to ₹27.0 Lakhs per year
    Stock Holding Corporation of India ₹8.0 Lakhs to ₹26.0 Lakhs per year
    JPMorgan Chase & Co. ₹7.0 Lakhs to ₹25.5 Lakhs per year
    BOBCARD Ltd. ₹7.3 Lakhs to ₹20.0 Lakhs per year
    Axis Mutual Fund ₹6.0 Lakhs to ₹21.5 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 Manager in companies similar to ICRA in Mumbai?
    The salary of a Manager at companies similar to ICRA in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    5paisa Capital Ltd. ₹6.0 Lakhs to ₹12.8 Lakhs per year
    BASSEIN CATHOLIC CO-OP BANK ₹10.0 Lakhs to ₹14.0 Lakhs per year
    LKP Securities ₹5.7 Lakhs to ₹16.0 Lakhs per year
    Indostar Home Finance ₹8.0 Lakhs to ₹9.0 Lakhs per year
    Emkay Global Financial Services ₹6.0 Lakhs to ₹11.5 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 Manager at ICRA in Mumbai?
    The salary growth for a Manager at ICRA in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at ICRA:

    Experience Average Salary Range
    4 years ₹10.0 Lakhs to ₹17.7 Lakhs per year
    5 years ₹11.3 Lakhs to ₹20.6 Lakhs per year
    6 years ₹8.5 Lakhs to ₹20.7 Lakhs per year
    7 years ₹10.4 Lakhs to ₹13.3 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICRA Manager salary in Mumbai ranges between ₹8 Lakhs to ₹17.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 ICRA latest salaries received from various employees of ICRA.