Bajaj Electricals Mumbai Product Manager Salaries by 20+ Employees (Updated 2025)

1 - 10 years exp.

₹15 Lakhs - ₹29 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Product Manager Salary in Consumer Electronics & Appliances Companies for 1 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Product Management Product Manager Salary 1 - 10 years exp. (15 salaries)	₹16.5 L/yr - ₹29 L/yr
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Marketing & Communication Product Manager Salary 1 year exp. (3 salaries)	₹16.4 L/yr - ₹28.3 L/yr

Last Updated: 4 Apr 2025

Companies similar to Bajaj Electricals for Product Manager in Mumbai

Bajaj Electricals Product Manager Salary

1 - 10 years exp. (21 salaries)

₹15 L/yr - ₹29 L/yr

Company name	Avg Annual Salary	Open Jobs
Blue Star Product Manager Salary 10 - 14 years exp. (5 salaries)	₹22.5 L/yr - ₹30.2 L/yr 24% more
OPPO Product Manager Salary 4 - 10 years exp. (3 salaries)	₹17.5 L/yr - ₹23 L/yr 4% more
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Samsung Product Manager Salary 3 - 12 years exp. (3 salaries)	₹27.5 L/yr - ₹42 L/yr 53% more
ICICI Bank Product Manager Salary 0 - 11 years exp. (2.1k salaries)	₹7.5 L/yr - ₹27 L/yr 14% less
HDFC Bank Product Manager Salary 0 - 14 years exp. (631 salaries)	₹7 L/yr - ₹25.7 L/yr 25% less

Product Manager salary at Bajaj Electricals ranges between ₹15 Lakhs to ₹29 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 21 latest salaries received from various employees of Bajaj Electricals.

Latest annual salaries shared by Bajaj Electricals Product Manager in Mumbai

5d ago

₹16.4 Lakhs

1 year exp.

2w ago

₹21 Lakhs

4 years exp.

3w ago

₹21 Lakhs

4 years exp.

1mo ago

₹16.5 Lakhs

1 year exp.

2mo ago

₹18 Lakhs

1 year exp.

3mo ago

10 years exp.

3mo ago

10 years exp.

4mo ago

4 years exp.

4mo ago

8 years exp.

4mo ago

4 years exp.

Experience wise Bajaj Electricals Product Manager salaries in Mumbai

Last Updated: 4 Apr 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹16.4 L/yr - ₹28.3 L/yr
2 years (5 salaries)	₹15 L/yr - ₹21 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr
4 years (5 salaries)	₹8.1 L/yr - ₹21 L/yr
5 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
6 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
7 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
8 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.6 L/yr
9 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
10 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.7 L/yr

View all

Similar Designation salaries in Bajaj Electricals

Deputy Manager Salary

(55 salaries)

₹9 L/yr - ₹16.4 L/yr

Senior Product Manager Salary

(9 salaries)

₹29 L/yr - ₹43 L/yr

Senior Project Manager Salary

(6 salaries)

₹21.69 L/yr - ₹28.77 L/yr

Project Manager Salary

(4 salaries)

₹14 L/yr - ₹18 L/yr

Program Manager Salary

(3 salaries)

₹32.5 L/yr - ₹35 L/yr

Assistant Product Manager Salary

(3 salaries)

₹6.01 L/yr - ₹10.8 L/yr

Business Analyst Salary

(3 salaries)

₹9.5 L/yr - ₹10.5 L/yr

Top skills at Bajaj Electricals for Product Manager

Product Management Marketing Product Strategy Product Promotion Product Launch Salesforce VAS Product Marketing Product Launch channel management Information Technology Management Competitor Analysis Marketing Planning Bidding

Salary related reviews for Bajaj Electricals

Project Manager in Varanasi

Construction & Site Engineering Department

4.0

• posted on 04 Oct 2019

3.0

for Salary and Benefits

Likes

totally professional company secure features use by company for good work. finally going on rule and regulations as strict conditions.

Skill development - Good

+2 more

Dislikes

formality is most important then work completion. Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 12-14 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Work-life balance - Poor

HR Executive Generalist in Mumbai

Full Time

Human Resources Department

4.0

• posted on 12 Dec 2023

2.0

for Salary and Benefits

Likes

I was on off roll. So less salary & No benefits . No work satisfaction because the work assigned to me was different from my profile no involvement in main activities . If you are getting recruited for Off roll . Think thrice before joining because you will feel bad by seeing the benefits and salary of On roll employees.

Job security - Good

+2 more

Dislikes

Mentioned above

Salary - Poor

+3 more

Trainee Production Engineer in Pune

Full Time

Media Production & Entertainment Department

3.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

Salary is on time to time .... Time is very flexible , staff is very friendly

Salary - Good

+1 more

Dislikes

Canteen and bus 🚌 both are not free means it was total paid ... working culture is highly pressurise and toxic ....... Shifts are rotational as per requirement as session to session

Skill development - Poor

+1 more

Senior Distribution Sales Executive in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

As a company is very good.but I am not a company person.I am in Bajaj in 4 years.I have so many target achieved.But company r not allow me by direct pay roll .I think I will perfect & I hope achieve the promotion as a pay roll of Bajaj Electricals.

Skill development - Good

+2 more

Dislikes

All DSO work in ground level but there salary is very poor.this is the very dislike matter of Bajaj Electricals.

Salary - Bad

+3 more

Salesman in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 31 Jul 2023

3.0

for Salary and Benefits

Likes

I've been working a lot here, the employees make a lot of effort in learning, the culture here is supportive, I love this company

Skill development - Excellent

+4 more

Dislikes

According to me There was not good salary and benefits for any employee

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Electricals Product Manager Salary FAQs

What is the salary of Product Manager at Bajaj Electricals in Mumbai?

The average salary of a Product Manager at Bajaj Electricals in Mumbai typically ranges from ₹15.0 Lakhs to ₹29.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Product Manager in Mumbai at Bajaj Electricals earn more than ₹24.5 Lakhs per year, and the top 1% earn over ₹29.0 Lakhs per year. Product Manager Salaries at Bajaj Electricals 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 20+ Bajaj Electricals employees in India.

What is the estimated take home salary of a Product Manager at Bajaj Electricals in Mumbai?

The estimated take-home salary of a Product Manager at Bajaj Electricals in Mumbai typically ranges from ₹1,33,687 to ₹1,38,596 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹29.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 20+ salaries received from various employees of Bajaj Electricals. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Bajaj Electricals in Mumbai?

To be a Product Manager at Bajaj Electricals in Mumbai, the key skills required include:

- Product Management
- Marketing
- Product Strategy
- Product Promotion
- Product Launch

These skills are highly valued at Bajaj Electricals and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Electricals for Product Manager in India?

Samsung	₹27.5 Lakhs to ₹42.0 Lakhs per year
Blue Star	₹22.5 Lakhs to ₹30.2 Lakhs per year
OPPO	₹17.5 Lakhs to ₹23.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Bajaj Electricals in Mumbai?

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

ICICI Bank	₹7.5 Lakhs to ₹27.0 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹25.7 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 Product Manager at Bajaj Electricals in Mumbai?

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

Experience	Average Salary Range
1 year	₹16.4 Lakhs to ₹28.3 Lakhs per year
2 years	₹15.0 Lakhs to ₹21.0 Lakhs per year
3 years	₹18.2 Lakhs to ₹23.3 Lakhs per year
4 years	₹8.1 Lakhs to ₹21.0 Lakhs per year

and so on.

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Bajaj Electricals Product Manager Salaries in Mumbai

Bajaj Electricals Product Manager salary in Mumbai ranges between ₹15 Lakhs to ₹29 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Bajaj Electricals latest salaries received from various employees of Bajaj Electricals.