Axis Bank Mumbai Senior Product Manager Salaries by 100+ Employees (Updated 2025)

2 - 9 years exp.

₹10.1 Lakhs - ₹32 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

35% less than the average Senior Product Manager Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

Product Management Senior Product Manager Salary 2 - 9 years exp. (70 salaries)	₹10.1 L/yr - ₹29 L/yr
Marketing & Communication Senior Product Manager Salary 2 - 5 years exp. (6 salaries)	₹17.7 L/yr - ₹25 L/yr
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Sales & Business Development Senior Product Manager Salary 5 - 8 years exp. (4 salaries)	₹19 L/yr - ₹22 L/yr
Data Science & Analytics Senior Product Manager Salary 8 - 9 years exp. (3 salaries)	₹16.5 L/yr - ₹22.8 L/yr
BFSI, Investments & Trading Senior Product Manager Salary 6 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹22.5 L/yr

View all

Last Updated: 4 Apr 2025

Companies similar to Axis Bank for Senior Product Manager in Mumbai

Axis Bank Senior Product Manager Salary

2 - 9 years exp. (137 salaries)

₹10.1 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Product Manager Salary 2 - 9 years exp. (318 salaries)	₹10 L/yr - ₹35 L/yr 16% more
Kotak Mahindra Bank Senior Product Manager Salary 1 - 9 years exp. (128 salaries)	₹9.9 L/yr - ₹28 L/yr 8% less
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IDFC FIRST Bank Senior Product Manager Salary 2 - 10 years exp. (117 salaries)	₹10.3 L/yr - ₹38 L/yr 14% more
HDFC Bank Senior Product Manager Salary 5 - 11 years exp. (102 salaries)	₹10.3 L/yr - ₹35 L/yr 6% more
Yes Bank Senior Product Manager Salary 2 - 7 years exp. (48 salaries)	₹10 L/yr - ₹26 L/yr 5% less
AU Small Finance Bank Senior Product Manager Salary 3 - 10 years exp. (25 salaries)	₹13.6 L/yr - ₹32.5 L/yr 19% more
RBL Bank Senior Product Manager Salary 1 - 7 years exp. (17 salaries)	₹9 L/yr - ₹17 L/yr 30% less
Bank of Baroda Senior Product Manager Salary 15 - 16 years exp. (4 salaries)	₹26.4 L/yr - ₹34 L/yr 42% more
IndusInd Bank Senior Product Manager Salary 8 - 10 years exp. (3 salaries)	₹12.5 L/yr - ₹36 L/yr 44% more
Bandhan Bank Senior Product Manager Salary 5 - 6 years exp. (3 salaries)	₹11 L/yr - ₹18.6 L/yr 27% less

Senior Product Manager salary at Axis Bank ranges between ₹10.1 Lakhs to ₹32 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 137 latest salaries received from various employees of Axis Bank.

Latest annual salaries shared by Axis Bank Senior Product Manager in Mumbai

5d ago

₹18.7 Lakhs

3 years exp.

3w ago

₹20 Lakhs

6 years exp.

4w ago

₹20 Lakhs

5 years exp.

1mo ago

₹23.5 Lakhs

3 years exp.

1mo ago

₹23 Lakhs

8 years exp.

2mo ago

4 years exp.

2mo ago

8 years exp.

2mo ago

8 years exp.

2mo ago

8 years exp.

3mo ago

3 years exp.

Experience wise Axis Bank Senior Product Manager salaries in Mumbai

Last Updated: 4 Apr 2025

Experience	Avg Annual Salary
2 years (10 salaries)	₹17.3 L/yr - ₹25 L/yr
3 years (20 salaries)	₹14 L/yr - ₹28 L/yr
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4 years (24 salaries)	₹15 L/yr - ₹28.4 L/yr
5 years (16 salaries)	₹10.6 L/yr - ₹26 L/yr
6 years (20 salaries)	₹10.9 L/yr - ₹32 L/yr
7 years (19 salaries)	₹10.9 L/yr - ₹26.5 L/yr
8 years (16 salaries)	₹10.1 L/yr - ₹25.1 L/yr
9 years (12 salaries)	₹10.5 L/yr - ₹29 L/yr

View all

Similar Designation salaries in Axis Bank

Product Manager Salary

(443 salaries)

₹7 L/yr - ₹28.67 L/yr

Project Manager Salary

(58 salaries)

₹6.5 L/yr - ₹24.55 L/yr

Senior Project Manager Salary

(19 salaries)

₹12.55 L/yr - ₹25 L/yr

Digital Product Manager Salary

(17 salaries)

₹9 L/yr - ₹26.8 L/yr

Senior Product Owner Salary

(4 salaries)

₹19 L/yr - ₹25 L/yr

Assistant Product Manager Salary

(3 salaries)

₹4.5 L/yr - ₹9.8 L/yr

Associate Product Manager Salary

(3 salaries)

₹9.75 L/yr - ₹18 L/yr

Salary related reviews for Axis Bank

2.6

Rated by 8 employees for salary & benefits

Senior Product Manager in Mumbai

Full Time

Other Department

3.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

1. Work Life Balance 2. Competitive compensation 3. Culture is team specific

Job security - Good

+1 more

Dislikes

1. Appraisal process in non templated roles is completely opaque and highly dependent on team politics. The review system in place just for show. 2. Skill development and learnings are very less

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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Axis Bank Senior Product Manager Salary FAQs

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

The average salary of a Senior Product Manager at Axis Bank in Mumbai typically ranges from ₹10.1 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Senior Product Manager in Mumbai at Axis Bank earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹29.4 Lakhs per year. Senior Product Manager Salaries at Axis Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ Axis Bank employees in India.

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

The estimated take-home salary of a Senior Product Manager at Axis Bank in Mumbai typically ranges from ₹1,35,150 to ₹1,40,124 per month. This is based on the average salary range of ₹10.1 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 2 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Bank for Senior Product Manager in India?

IndusInd Bank	₹12.5 Lakhs to ₹36.0 Lakhs per year
Bank of Baroda	₹26.4 Lakhs to ₹34.0 Lakhs per year
AU Small Finance Bank	₹13.6 Lakhs to ₹32.5 Lakhs per year
ICICI Bank	₹10.0 Lakhs to ₹35.0 Lakhs per year
IDFC FIRST Bank	₹10.3 Lakhs to ₹38.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Bank, depending on the role and experience level.

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

The salary of a Senior Product Manager at companies similar to Axis Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹10.3 Lakhs to ₹35.0 Lakhs per year
Yes Bank	₹10.0 Lakhs to ₹26.0 Lakhs per year
Kotak Mahindra Bank	₹9.9 Lakhs to ₹28.0 Lakhs per year
Bandhan Bank	₹11.0 Lakhs to ₹18.6 Lakhs per year
RBL Bank	₹9.0 Lakhs to ₹17.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Product Manager at Axis Bank in Mumbai?

The salary growth for a Senior Product Manager at Axis Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Product Manager in Mumbai can expect the following growth trajectory at Axis Bank:

Experience	Average Salary Range
2 years	₹17.3 Lakhs to ₹25.0 Lakhs per year
3 years	₹14.0 Lakhs to ₹28.0 Lakhs per year
4 years	₹15.0 Lakhs to ₹28.4 Lakhs per year
5 years	₹10.6 Lakhs to ₹26.0 Lakhs per year

and so on.

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Axis Bank Senior Product Manager Salaries in Mumbai

Axis Bank Senior Product Manager salary in Mumbai ranges between ₹10.1 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 137 Axis Bank latest salaries received from various employees of Axis Bank.