Axis Bank Mumbai Product Manager Salaries by 400+ Employees (Updated 2025)

0 - 10 years exp.

₹8 Lakhs - ₹27.1 Lakhs

Salary of majority employees

Fixed (89%)

₹14.9 Lakhs

Variable (11%)

₹1.8 Lakh

18% less than the average Product Manager Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

Product Management Product Manager Salary 0 - 10 years exp. (242 salaries)	₹6.7 L/yr - ₹27.1 L/yr
BFSI, Investments & Trading Product Manager Salary 0 - 10 years exp. (30 salaries)	₹7.1 L/yr - ₹30.2 L/yr
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Marketing & Communication Product Manager Salary 1 - 9 years exp. (25 salaries)	₹9 L/yr - ₹28.4 L/yr

Last Updated: 27 Feb 2025

Companies similar to Axis Bank for Product Manager in Mumbai

Axis Bank Product Manager Salary

0 - 10 years exp. (449 salaries)

₹8 L/yr - ₹27.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 12 years exp. (545 salaries)	₹6 L/yr - ₹25 L/yr 12% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (2k salaries)	₹7.5 L/yr - ₹27 L/yr 4% more
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State Bank of India Product Manager Salary 2 - 10 years exp. (14 salaries)	₹11 L/yr - ₹27 L/yr 46% more
Kotak Mahindra Bank Product Manager Salary 0 - 10 years exp. (413 salaries)	₹6.3 L/yr - ₹25 L/yr 11% less	1 job opening
Yes Bank Product Manager Salary 0 - 10 years exp. (189 salaries)	₹8.6 L/yr - ₹28.5 L/yr 9% more	2 job openings
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (380 salaries)	₹8.5 L/yr - ₹30 L/yr 14% more	2 job openings
IndusInd Bank Product Manager Salary 0 - 10 years exp. (41 salaries)	₹7 L/yr - ₹35 L/yr 2% less
RBL Bank Product Manager Salary 1 - 12 years exp. (72 salaries)	₹6.4 L/yr - ₹20.9 L/yr 26% less	2 job openings
Federal Bank Product Manager Salary 1 - 9 years exp. (10 salaries)	₹12 L/yr - ₹17 L/yr 1% less
AU Small Finance Bank Product Manager Salary 0 - 8 years exp. (69 salaries)	₹7 L/yr - ₹25 L/yr 13% less	1 job opening
Standard Chartered Product Manager Salary 4 - 12 years exp. (16 salaries)	₹13 L/yr - ₹45 L/yr 77% more
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NatWest Group Product Manager Salary 5 - 17 years exp. (9 salaries)	₹16.9 L/yr - ₹31 L/yr 43% more
Shinhan Bank Product Manager Salary 5 - 14 years exp. (6 salaries)	₹11 L/yr - ₹12.5 L/yr 30% less
Bank of Baroda Product Manager Salary 4 - 13 years exp. (5 salaries)	₹6.8 L/yr - ₹20 L/yr 15% less
Deutsche Bank Product Manager Salary 18 - 22 years exp. (5 salaries)	₹28 L/yr - ₹37 L/yr 114% more	2 job openings

Product Manager salary at Axis Bank ranges between ₹8 Lakhs to ₹27.1 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 449 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Product Manager salaries in Mumbai

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
Fresher (20 salaries)	₹9 L/yr - ₹15 L/yr
1 year (76 salaries)	₹7.5 L/yr - ₹23 L/yr
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2 years (74 salaries)	₹7.5 L/yr - ₹22 L/yr
3 years (84 salaries)	₹7 L/yr - ₹27 L/yr
4 years (44 salaries)	₹8.1 L/yr - ₹27.2 L/yr
5 years (43 salaries)	₹7.1 L/yr - ₹27.2 L/yr
6 years (32 salaries)	₹7.1 L/yr - ₹23 L/yr
7 years (25 salaries)	₹9.5 L/yr - ₹29.5 L/yr
8 years (29 salaries)	₹8.1 L/yr - ₹31 L/yr
9 years (13 salaries)	₹9 L/yr - ₹33.5 L/yr
10 years (9 salaries)	₹7.9 L/yr - ₹29.6 L/yr

View all

From

Product Manager

0 - 10 years exp.

Senior Product Manager

₹

Lakhs/yr

2 - 9 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Bank

Deputy Manager Salary

(2.2k salaries)

₹2 L/yr - ₹9.38 L/yr

Senior Product Manager Salary

(139 salaries)

₹10.05 L/yr - ₹32 L/yr

Product Owner Salary

(87 salaries)

₹6 L/yr - ₹25.07 L/yr

Project Manager Salary

(59 salaries)

₹6.25 L/yr - ₹24.41 L/yr

Program Manager Salary

(46 salaries)

₹9 L/yr - ₹24 L/yr

Digital Product Manager Salary

(16 salaries)

₹9 L/yr - ₹26.8 L/yr

Production Manager Salary

(10 salaries)

₹7.5 L/yr - ₹21 L/yr

Product Lead Salary

(7 salaries)

₹20 L/yr - ₹27.8 L/yr

Top skills at Axis Bank for Product Manager

Product Management Banking Merchant Acquiring New Product Development Portfolio Management Management Sales Technology Marketing Credit Cards Project Management Customer Acquisition Promotional Campaigns PWD Analytical Sales Strategy

Salary related reviews for Axis Bank

3.2

Rated by 36 employees for salary & benefits

Product Manager in Mumbai

Full Time

Product Management Department

1.0

• posted on 17 Oct 2024

1.0

for Salary and Benefits

Likes

There is nothing to like about i Axis Bank. Total toxic work culture and biased promotion and compensation policies.

Dislikes

...me college graduates are given preference in promotion even if they do nothing). No equal work equal pay policy. Some college graduates are hired as senior even when they know nothing and are paid 2-3 times more. Yes you read it right. HR are unresponsive and useless. No resolution is provided on toxic management, work culture or other issues.

Salary - Bad

+6 more

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

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

Work satisfaction - Poor

+2 more

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

Work satisfaction - Poor

+2 more

Deputy Manager in Noida

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

Salary - Poor

+3 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Axis Bank Product Manager Salary FAQs

What is the salary of Product Manager at Axis Bank Mumbai?

Product Manager salary at Axis Bank in Mumbai ranges between ₹8.0 Lakhs to ₹27.1 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 18% less than the average Product Manager Salary in India. Salary estimates are based on 449 latest salaries received from various employees of Axis Bank Mumbai.

How does the salary of a Product Manager at Axis Bank Mumbai compare with the average salary range for this job?

The average salary of a Product Manager at Axis Bank is 18% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Product Manager at Axis Bank?

Product Management, Banking, Merchant Acquiring, New Product Development and Portfolio Management are some of the popular skills required to work as a Product Manager at Axis Bank Mumbai.

Which similar companies are paying more than Axis Bank to a Product Manager in Mumbai?

Deutsche Bank Product Manager Salary - ₹28.0 Lakhs to ₹37.0 Lakhs per year
Standard Chartered Product Manager Salary - ₹13.0 Lakhs to ₹45.0 Lakhs per year
State Bank of India Product Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year
NatWest Group Product Manager Salary - ₹16.9 Lakhs to ₹31.0 Lakhs per year
IDFC FIRST Bank Product Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Product Manager in companies similar to Axis Bank in Mumbai?

Yes Bank Product Manager Salary - ₹8.6 Lakhs to ₹28.5 Lakhs per year
ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Federal Bank Product Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
IndusInd Bank Product Manager Salary - ₹7.0 Lakhs to ₹35.0 Lakhs per year
Kotak Mahindra Bank Product Manager Salary - ₹6.3 Lakhs to ₹25.0 Lakhs per year

What is the estimated take home salary of a Product Manager at Axis Bank in Mumbai?

The estimated take-home salary of a Product Manager at Axis Bank ranges between ₹1,13,765 per month to ₹1,16,932 per month in Mumbai. The take-home salary calculation is based on the average Axis Bank Product Manager salary in India which ranges between ₹8.0 Lakhs to ₹27.1 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Axis Bank in Mumbai?

According to AmbitionBox, 74% of the Axis Bank Product Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 219 responses on AmbitionBox in last 2 years.

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Axis Bank Product Manager Salaries in Mumbai

Axis Bank Product Manager salary in Mumbai ranges between ₹8 Lakhs to ₹27.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 449 Axis Bank latest salaries received from various employees of Axis Bank.

Axis Bank Product Manager salaries in Mumbai (Updated 2025)

Companies similar to Axis Bank for Product Manager in Mumbai

Latest annual salaries shared by Axis Bank Product Manager in Mumbai

Experience wise Axis Bank Product Manager salaries in Mumbai

Similar Designation salaries in Axis Bank

Top skills at Axis Bank for Product Manager

Salary related reviews for Axis Bank

Product Manager in Mumbai

Deputy Manager in Bangalore / Bengaluru (working remotely)

Deputy Manager in Lucknow

Deputy Manager in Kolkata

Deputy Manager in Noida

Axis Bank Product Manager Salary FAQs

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