Product Manager
Annual salary range
₹4.5 Lakhs - ₹30 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byProduct Manager Salary in Mumbai Suburban (Updated 2025)
based on 82
latest salaries
• updated:
6 Apr 2025
Select an experience to get the exact salary
Salary of majority employees
Product Manager Salary in Mumbai Suburban ranges between ₹4.5 Lakhs to ₹30 Lakhs for 2 years of experience to 13 years of experience. Salary estimates are based on 82 latest salaries received from Product Manager.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Arcesium Product Manager Salary
5 years exp |  | |
Atlassian Product Manager Salary
5 years exp | | |
 Product Manager Salary
5 years exp | | |
 Product Manager Salary
5 years exp | | |
 Product Manager Salary
5 years exp | | 1 job opening |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
13 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹13.5 L/yr - ₹17.2 L/yr | |
4 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹9.2 L/yr - ₹11.7 L/yr | |
Login to view exact salary
| ||
3 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹9.5 L/yr - ₹12.1 L/yr | |
10 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹33.6 L/yr - ₹42.9 L/yr | |
21 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹18 L/yr - ₹23 L/yr | |
11 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹12.6 L/yr - ₹16.1 L/yr | |
|
5 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
17 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
Login to view exact salary
| ||
6 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
|
17 yrs
exp.
.
Mumbai Suburban
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
Latest annual salaries shared by Product Managers
1d ago
sploot
Product Manager
2 years exp.
1d ago
SMC Group of Companies
Product Manager
5 years exp.
1d ago
Mahindra Tractors
Product Manager
10 years exp.
1d ago
Axiom Energy Conversion
Product Manager
3 years exp.
1d ago
Orient Electric
Product Manager
4 years exp.
1d ago
ICICI Bank
Product Manager
7 years exp.
1d ago
Zigma Technologies
Product Manager
9 years exp.
1d ago
MyTeam11
Product Manager
6 years exp.
1d ago
Adform
Product Manager
11 years exp.
1d ago
ELi Technology
Product Manager
5 years exp.
View all latest salaries
Product Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(5
salaries)
| ₹4.8 L/yr - ₹16.2 L/yr |
3
years
(8
salaries)
| ₹4.8 L/yr - ₹12.6 L/yr |
Login to view exact salary
| |
4
years
(13
salaries)
| ₹4 L/yr - ₹12.2 L/yr |
5
years
(11
salaries)
| ₹6.6 L/yr - ₹26 L/yr |
6
years
(12
salaries)
| ₹4.5 L/yr - ₹22 L/yr |
View all salaries by experience
Product Manager Jobs in Mumbai Suburban
Product Manager
· 2-5 years
Uber
Bangalore / Bengaluru
Product Manager
· 3-6 years
Amazon India Software Dev Centre Pvt Ltd
Bangalore / Bengaluru
Product Manager
· 1-2 years
American Express Company
Gurgaon / Gurugram
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Project Manager Salary
4 -
18
years
exp.
(217 salaries)
| ₹3.9 L/yr - ₹22.2 L/yr |
Production Manager Salary
3 -
22
years
exp.
(99 salaries)
| ₹2.7 L/yr - ₹19.6 L/yr |
Login to view exact salary
| |
Program Manager Salary
3 -
19
years
exp.
(21 salaries)
| ₹3.4 L/yr - ₹35 L/yr |
Product Owner Salary
7 -
9
years
exp.
(5 salaries)
| ₹11 L/yr - ₹30 L/yr |
Product Lead Salary
6 -
12
years
exp.
(3 salaries)
| ₹4.5 L/yr - ₹22.1 L/yr |
View more similar designations
Salary related reviews by similar designations like Product Manager
Infosys
Project Manager in Pune
• posted on 30 Mar 2025
Likes
Work from home policy. Campus.
- Skill development - Good
+1 more
Dislikes
... or perks given to employees which matter to them or give them feel good factor. No transparency in appraisal cycle and salary revisions. No information is shared with employees and we only come to know from outside news.
read moreWipro
Senior Manager in Gurgaon / Gurugram
• posted on 26 Feb 2025
Likes
Salary and Job security
- Salary - Excellent
+2 more
Dislikes
Work culture is pathetic. I was associated with Meta as a project leading training and there is no strong leadership setting expectation with the client about their approach with our teams.
read more- Promotions - Poor
+2 more
ICICI Bank
Deputy Manager in Hyderabad / Secunderabad
• posted on 01 Feb 2025
Likes
Job Security
- Job security - Good
Dislikes
I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.
read more- Work satisfaction - Poor
+1 more
L&T Finance
Senior Manager in Mumbai
• posted on 24 Jan 2025
Likes
The work culture is dramatically different from before after the Leadership change. It’s all about work life balance and flexibility now.
read more- Work-life balance - Good
Dislikes
While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.
read more- Skill development - Poor
+4 more
Axis Bank
Deputy Manager in Bangalore / Bengaluru
• posted on 24 Jan 2025
Likes
Skill development compared to other bank axis provide good learnings
- Job security - Good
Dislikes
Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated
read more- Work satisfaction - Poor
+2 more
Top skills for Product Manager
Product Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Product Manager
2 -
13
years
exp.
| ₹8 L/yr - ₹42 L/yr |
Mumbai
Product Manager
2 -
13
years
exp.
| ₹6 L/yr - ₹30 L/yr |
Login to view exact salary
| |
Gurgaon / Gurugram
Product Manager
2 -
13
years
exp.
| ₹8 L/yr - ₹38 L/yr |
New Delhi
Product Manager
2 -
13
years
exp.
| ₹5 L/yr - ₹33 L/yr |
Hyderabad / Secunderabad
Product Manager
2 -
13
years
exp.
| ₹6 L/yr - ₹38 L/yr |
View More
Product Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Internet Product Manager
2 -
13
years
exp.
| ₹8.8 L/yr - ₹41.8 L/yr |
Financial Services Product Manager
2 -
13
years
exp.
| ₹6 L/yr - ₹33.8 L/yr |
Login to view exact salary
| |
IT Services & Consulting Product Manager
2 -
13
years
exp.
| ₹8.3 L/yr - ₹40 L/yr |
Software Product Product Manager
2 -
13
years
exp.
| ₹9.7 L/yr - ₹43.6 L/yr |
Banking Product Manager
2 -
12
years
exp.
| ₹6 L/yr - ₹26.3 L/yr |
View More
Frequently Asked Questions (FAQS) about Product Manager Salaries
What is the salary of a Product Manager in India?
The salary of a Product Manager in India varies based on experience, location, company & Industry.
On average, Product Manager salaries ranges from ₹4.5 Lakhs to ₹30.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹4.5 Lakhs to ₹30.0 Lakhs per year, with the highest salary reaching ₹35.0 Lakhs to ₹87.3 Lakhs per year. Salary estimates are based on 82 salaries received from various Product Managers across industries.
The average starting salary is around ₹4.5 Lakhs to ₹30.0 Lakhs per year, with the highest salary reaching ₹35.0 Lakhs to ₹87.3 Lakhs per year. Salary estimates are based on 82 salaries received from various Product Managers across industries.
What are the top paying companies that employ Product Managers?
Product Manager Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Arcesium Product Manager Salary | ₹35 Lakhs to ₹87.3 Lakhs per year |
| Atlassian Product Manager Salary | ₹20 Lakhs to ₹72 Lakhs per year |
| InMobi Product Manager Salary | ₹25 Lakhs to ₹49 Lakhs per year |
| Navi Technologies Product Manager Salary | ₹35.5 Lakhs to ₹45 Lakhs per year |
| Walmart Product Manager Salary | ₹20.7 Lakhs to ₹62 Lakhs per year |
What are the top paying cities for Product Manager in India?
The annual salary for Product Manager in India varies by location. Top paying cities for Product Manager are
Salary expectations for Product Manager may vary based on job roles, experience, and specific employer requirements.
| Product Manager Salary in Gurgaon / Gurugram | ₹8.0 Lakhs to ₹38.0 Lakhs per year |
| Product Manager Salary in Bangalore / Bengaluru | ₹8.0 Lakhs to ₹42.0 Lakhs per year |
| Product Manager Salary in Chennai | ₹5.0 Lakhs to ₹32.9 Lakhs per year |
| Product Manager Salary in Noida | ₹6.0 Lakhs to ₹34.0 Lakhs per year |
| Product Manager Salary in Hyderabad / Secunderabad | ₹6.0 Lakhs to ₹38.0 Lakhs per year |
What are the top paying industries for Product Manager in India?
Top 5 paying Industries for Product Manager in India are:
| Product Manager Salary in Analytics & KPO | ₹10.0 Lakhs to ₹46.0 Lakhs per year |
| Product Manager Salary in Retail | ₹7.8 Lakhs to ₹47.0 Lakhs per year |
| Product Manager Salary in Software Product | ₹9.7 Lakhs to ₹43.6 Lakhs per year |
| Product Manager Salary in Hardware & Networking | ₹7.3 Lakhs to ₹42.0 Lakhs per year |
| Product Manager Salary in IT Services & Consulting | ₹8.3 Lakhs to ₹40.0 Lakhs per year |
How does experience affect salaries of a Product Manager in India?
Experience significantly impacts a Product Manager salary in India. Salaries increase with experience, as Product Manager take on more complex tasks, responsibilities, and leadership roles.
Product Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹4.8 Lakhs to ₹16.2 Lakhs per year |
| 3 years | ₹4.8 Lakhs to ₹12.6 Lakhs per year |
| 4 years | ₹4.0 Lakhs to ₹12.2 Lakhs per year |
| 5 years | ₹6.6 Lakhs to ₹26.0 Lakhs per year |
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