Salary Guide · India 2026
ICICI Bank is India's second-largest private sector bank, offering retail and corporate banking, insurance, asset management, and securities. Its tech team (iWork) is one of the largest banking IT organisations in India. Salary ranges below are sourced primarily from AmbitionBox, with Glassdoor as a secondary cross-check, and reflect total CTC (base + variable + equity) at the 25th–90th percentile of reported offers in India.
Software Engineer / IT Analyst · Senior / 6–9 yrs
₹22L – ₹40Ltotal CTC
Salary bands for 4 roles at ICICI, from Software Engineer / IT Analyst to Product Manager — see all below.
Working at ICICI
~120,000 employees (banking + subsidiaries). BSE/NSE listed. Assets ~₹25 trillion. iWork tech team ~5,000+.
What the interview actually tests
IT Analyst role is a lateral entry / direct campus hire. Pay is significantly below fintech startups. No equity. Interview process: aptitude + coding (moderate difficulty, not LeetCode hard) + HR. For senior roles: system design with banking/RBI constraint emphasis. Domain knowledge of NEFT/RTGS/UPI, KYC, and AML compliance is a strong differentiator.
Role
Total CTC ranges for Software Engineer / IT Analysts at ICICI India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5L – ₹9L | None |
| Mid-level / 3–5 yrs | ₹12L – ₹22L | None |
| Senior / 6–9 yrs | ₹22L – ₹40L | None |
Role
Total CTC ranges for Relationship Managers at ICICI India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹4.3L – ₹7L | None |
| Mid-level / 3–5 yrs | ₹8L – ₹16L | None |
| Senior / 6–9 yrs | ₹16L – ₹30L | None |
ICICI RM pre-2 yr.
Role
ICICI's pay bands for Business Analysts in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹9.5L – ₹10.7L | None |
| Lead / 10–12 yrs | ₹9.5L – ₹11.2L | None |
AB yoe-bucket scrape: Business Analyst 1-3y (n=249); Business Analyst 3-6y (n=387); n=636
Role
ICICI's pay bands for Product Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.3L – ₹15.8L | None |
| Mid-level / 3–5 yrs | ₹16.4L – ₹18.1L | None |
| Senior / 6–9 yrs | ₹19.5L – ₹21.6L | None |
AB yoe-bucket scrape: Product Manager 0-1y (n=246); n=246
Indian Banking