Salary of MD&CEO of ICICI Bank; Check Salary, Allowances, PLI

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ICICI Bank is one of the largest private sector banks in India. Let’s have a look at the salary of MD&CEO of ICICI Bank.

The basic salary of ICICI Bank MD&CEO Mr. Sandeep Bakhshi is Rs.2,887,300 per month with effect from April 1, 2025.

ComponentSandeep Bakhshi (2024-25)
Basic₹3,46,47,600
Performance bonus paid in fiscal 2025₹3,32,79,625
Allowances and perquisites₹2,95,54,170
Contribution to provident fund₹41,57,712
Contribution to superannuation fund
Contribution to gratuity fund₹28,86,145
Stock options (Number)2,54,100

Salary of ICICI Bank ED

ComponentSandeep Batra (2024-25)Rakesh Jha (2024-25)
Basic₹2,96,69,760₹2,96,69,760
Performance bonus paid in fiscal 2025₹2,90,12,031₹2,67,14,074
Allowances and perquisites₹2,65,72,054₹2,72,09,251
Contribution to provident fund₹35,60,376₹35,60,376
Contribution to superannuation fund
Contribution to gratuity fund₹24,71,491₹24,71,491
Stock options (Number)1,96,0001,96,000
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