Salary Guide · India 2026
ICICI Lombard is India's largest private general insurer, a subsidiary of ICICI Bank offering motor, health, travel, and commercial insurance. Listed on NSE and part of the ICICI Group financial conglomerate. The figures below reflect total CTC — base, variable, and equity combined — at the 25th–90th percentile of reported ICICI Lombard offers in India, cross-checked against AmbitionBox and Glassdoor.
Software Engineer · Senior / 6–9 yrs
₹26L – ₹44Ltotal CTC
Salary bands for 2 roles at ICICI Lombard, from Software Engineer to Product Manager — see all below.
Working at ICICI Lombard
~12,000 employees. NSE-listed (ICICIGI). Revenue ~₹23,000 Cr+ GWP FY24. Mumbai HQ. India's largest private general insurer by GWP.
What the interview actually tests
NSE listed (ICICIGI): RSU available at senior tech roles. Pay is mid-tier for InsurTech. ICICI Bank umbrella gives access to a large customer base for cross-sell. Interview: general insurance domain (motor pricing, IRDAI regulations, claims lifecycle) + Java/Python + DS&A.
Role
ICICI Lombard's pay bands for Software Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹14L – ₹24L | RSU₹1L – ₹3L/yr |
| Senior / 6–9 yrs | ₹26L – ₹44L | RSU₹3L – ₹9L/yr |
Role
Total CTC ranges for Product Managers at ICICI Lombard India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹11.8L – ₹14.8L | None |
| Senior / 6–9 yrs | ₹14.5L – ₹20.8L | None |
AB yoe-bucket scrape: Product Manager 1-3y (n=100); Product Manager 3-6y (n=121); Senior Product Manager 1-3y (n=89); n=381
Indian Banking