ICICI Relationship Manager Salary: Private bank jobs are the main attraction for freshers nowadays, with many entry-level jobs available with attractive salaries and benefits. Top private firms offer well-paid jobs, even for entry-level roles with good career growth. ICICI is one of the top private banks in India, with over 1 lakh employees.
A relationship manager is a reputed role that helps the organization work toward its goal, find quality leads, and much more. Let us learn how well relationship managers are paid at ICICI Bank.
What is the Role of ICICI Relationship Manager?
As a relationship manager, you are expected to enhance satisfaction and establish a constant and constructive relationship with the client. They must prioritize customer-centric approach. A relationship manager is responsible for helping clients with their financial needs and also keeping them updated about the new products and services that the bank offers.
While possessing strong interpersonal skills, they are also required to have a deep knowledge of the bank’s products and services. They also have to act as a financial advisor who can communicate complex financial projects to their clients.
ICICI relationship manager offers an attractive salary with the opportunity to work with high-value customers, understand evolving preferences, and market trends, and identify new growth opportunities.
Key Takeaways
- ICICI relationship manager is one of the reputed and high-paying roles in private banks.
- ICICI Bank is amongst the top private banking institutions in India which provides multiple employee benefits and perks.
- The ICICI Relationship Manager salary may vary based on the city or the skill level of the employee.
Is ICICI Relationship Manager Role a Good Career in 2024?
Being a relationship manager, you get access to a wide range of clients which allows you to build your network and reputation. While dealing with a diverse range of clients, you also get to learn and gain valuable experience in the banking industry. This job role provides a good work-life balance where you can manage your personal life well along with your job. ICICI provides multiple allowances and benefits to its employees.
While expanding and enhancing your relationship with clients and colleagues, you also get a competitive salary and commission, plus bonuses, health insurance, and retirement plans. In today’s competitive job market, a relationship manager role at ICICI can be a dream career for many who are looking to build a career in the banking and finance industry. This role provides you with a lot of learning opportunities and with a high payout.
The demand for skilled relationship managers is increasing day by day with an attractive ICICI Relationship manager salary, who will say no to this job role? A lot of private firms are always on the lookout for an expert relationship manager. Develop your skills and gain experience with training programs and internships to grab this role and build your career.
ICICI Relationship Manager Fresher
Getting a Relationship Manager role at ICICI banks requires experience and skills. The role demands an experience of around 2-3 years for ICICI Bank. If you are pursuing your graduation or have completed your graduation enroll in some online certification programs, gain in-depth knowledge related to banking and finance, and get hands-on training from reputed institutions.
ICCI Banks also provides many training programs, enroll in the program and build your knowledge and skills. You can also pursue internship or full time roles from any private firm to gain experience.
Few companies offer freshers to work as a relationship manager. To avail of this opportunity, one must be an MBA graduate. To make your CV more appealing and promising, you can attend some certification courses and webinars, and build some projects online. Learn more about the qualifications required to become an ICICI relationship manager.
ICICI Relationship Manager Qualification
To get the role of relationship manager in a reputed and trusted bank such as ICICI, you must graduate or postgraduate with 4-8 years of work experience. As per the skill criteria, you should have good communication skills, a knack for building and maintaining relationships with clients, understanding and knowledge of the products, and business and service skills.
- Professionals must have a bachelor’s degree or master’s degree in marketing, communications, or business.
- Strong communication skills are required to maintain good relationships with clients, find quality leads, and contribute to the organization’s growth.
- Must have a good knowledge of customer relationship management.
- Familiarize yourself with the features of CRM software and their workings.
Gain skills and in-depth learning from the PW Skills BFSI Course, and also grab multiple job exposures and interview preparation sessions with our all-in-one complete job assistance program.
ICICI Relationship Manager Salary Package
The salary of a relationship manager ranges from ₹2.5 lakh to ₹18.5 lakh per year. The average salary for this post depends on several factors, such as experience, location, and specific responsibilities. In India, an average relationship manager at ICICI Bank earns around ₹ 7.3 lakhs per year with less than one year of experience to 18 years. Relationship managers at ICICI are fond of this role and provide a good rating based on the payout, work-life balance, and other benefits provided by the institution.
ICICI Relationship Manager Salary Statewise
Check various ICICI relationship manager salaries with experience required based on different prime locations in India.
S.no | Location | Experience (in years) | Annual Salary (in Lakhs) |
1 | Mumbai | 2 yrs | ₹16 lakhs |
2 | Kolkata | 1 yrs | ₹16 lakhs |
3 | Ahmedabad | Less then 1 year | ₹16 lakhs |
4 | Chennai | 9 yrs | ₹16 lakhs |
5 | New Delhi | 20 yrs | ₹32 lakhs |
6 | Hyderabad | 6 yrs | ₹18 lakhs |
Learn BFSI with PW Skills
If you want to build your career in the Banking or finance sector, then prepare yourself with our job assistance BFSI Course program for your all-around preparation. Gain a strong foundation in banking and financials with our interactive classes covered by industry experts.
Prepare for your job interviews with our interview preparation sessions build a strong portfolio and share it on your job profiles. Gain certifications and much more only at pwskills.com
ICICI Relationship Manager Salary FAQs
Q1. What is the salary of a relationship manager at ICICI?
Ans: An average relationship manager at ICICI Bank in India earns around ₹ 7.3 lakhs per year with less than one year of experience to 18 years with multiple allowances and benefits.
Q2. Is relationship management a good job?
Ans: If you are interested in building a career in banking and finances then a relationship manager job at one of the top private organizations like ICICI Bank can be a great opportunity. This role provides good career growth with a lot of learning opportunities and a high salary.
Q3. How to Become an ICICI Relationship Manager?
Ans: Must have an undergraduate degree or postgraduate degree in any discipline with experience of one year or more. Applicants need to clear the aptitude test and interview for selection for this role.