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3.3

based on 250 Reviews

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ICRA Salaries in Mumbai (Updated 2025)

based on 352 latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Sales & Business Development Engineering - Software & QA + 6 more
Designation Avg Annual Salary Open Jobs

Senior Analyst

3 - 9 years exp. · Mumbai (47 salaries)
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₹12 L/yr - ₹31.2 L/yr

Analyst

2 - 7 years exp. · Mumbai (37 salaries)
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₹7.2 L/yr - ₹19 L/yr

Assistant Vice President

9 - 15 years exp. · Mumbai (22 salaries)
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₹24 L/yr - ₹51 L/yr

Senior Associate Analyst

0 - 5 years exp. · Mumbai (20 salaries)
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₹5.7 L/yr - ₹12 L/yr

Starting your career? Discover ICRA fresher salaries in India

Senior Group Manager

6 - 13 years exp. · Mumbai (12 salaries)
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₹18 L/yr - ₹31 L/yr

Associate Analyst

0 - 3 years exp. · Mumbai (11 salaries)
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₹4.5 L/yr - ₹11.7 L/yr

Credit Analyst

1 - 4 years exp. · Mumbai (10 salaries)
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₹8 L/yr - ₹15 L/yr

Credit Rating Analyst

1 - 5 years exp. · Mumbai (8 salaries)
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₹7.7 L/yr - ₹18 L/yr

Research Associate

2 - 6 years exp. · Mumbai (7 salaries)
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₹4 L/yr - ₹7 L/yr

Senior Credit Analyst

2 - 6 years exp. · Mumbai (7 salaries)
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₹15 L/yr - ₹29 L/yr

Deputy Manager

1 - 11 years exp. · Mumbai (6 salaries)
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₹6 L/yr - ₹11 L/yr

Process Analyst

1 - 7 years exp. · Mumbai (6 salaries)
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₹3.4 L/yr - ₹4 L/yr

Business Analyst

9 - 14 years exp. · Mumbai (5 salaries)
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₹15.5 L/yr - ₹30 L/yr

Business Development Manager

2 - 4 years exp. · Mumbai (5 salaries)
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₹8 L/yr - ₹14 L/yr

Vice President Business Development

12 - 15 years exp. · Mumbai (4 salaries)
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₹30 L/yr - ₹85 L/yr

Senior Process Analyst

5 - 7 years exp. · Mumbai (4 salaries)
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₹4.8 L/yr - ₹8 L/yr

Softwaretest Engineer

1 - 3 years exp. · Mumbai (4 salaries)
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₹5 L/yr - ₹7 L/yr

Manager - Marketing & Communications

8 - 10 years exp. · Mumbai (3 salaries)
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₹11.5 L/yr - ₹22 L/yr

Senior Rating Analyst

7 - 8 years exp. · Mumbai (3 salaries)
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₹25 L/yr - ₹26.5 L/yr

Business Associate

7 - 8 years exp. · Mumbai (3 salaries)
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₹3.3 L/yr - ₹5 L/yr

Last Updated: 28 Feb, 2025

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an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more
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Salary related reviews for ICRA

3.0

Rated by 50 employees for salary & benefits

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.

read more
  • 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

read more
  • 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.

read more
  • 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.

read more

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.

read more
  • Skill development - Excellent
    • +5 more

Dislikes

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

read more

Senior Officer in Mumbai Suburban

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
see more salary related reviews

ICRA interview questions by designations

Analyst (3)Senior Analyst (2)Senior Financial Analyst (2)Senior Associate Analyst (2)
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ICRA Salary FAQs

How much does ICRA pay per year?
The average ICRA salary ranges from approximately ₹1.8 Lakh to ₹3 Lakhs per year for a Office Assistant and ₹32 Lakhs to ₹1 Crore per year for a Vice President. Salary estimates are based on 352 ICRA salaries received from various employees of ICRA. ICRA employees rate the overall salary and benefits package 3.0/5 stars.
What is the highest salary in ICRA?
The highest-paying job at ICRA is a Vice President with a salary of ₹32 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹30 lakhs per year. The top 1% earn more than a whopping ₹65 lakhs per year.
What is the minimum salary in ICRA?
Minimum salary at ICRA depends on the role you are applying for. For Process Associate the minimum salary is ₹3 Lakhs to ₹3.7 Lakhs per year, and for Lead Analyst the minimum salary is ₹3.6 Lakhs to ₹6.7 Lakhs per year and so on.
What is the salary package for freshers in ICRA?
The average salary at ICRA for freshers varies from ₹3 Lakhs to ₹3.5 Lakhs per year for Process Associate and ₹3 Lakhs to ₹10 Lakhs per year for Senior Associate Analyst.
What is the notice period at ICRA in Mumbai?
According to AmbitionBox, 65% of the ICRA employees in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 158 responses on AmbitionBox in last 2 years.

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Average annual salary in ICRA , Mumbai is INRunlock blur . Salary estimates are based on 352 ICRA latest salaries received from various employees of ICRA.

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