Bajaj Finance Mumbai Product Manager Salaries by 10 Employees

2 - 7 years exp.

₹7.6 Lakhs - ₹26.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Product Manager Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

Product Management Product Manager Salary 2 - 5 years exp. (6 salaries)	₹7.6 L/yr - ₹27.7 L/yr
Data Science & Analytics Product Manager Salary 7 years exp. (AmbitionBox Estimate)	₹13.9 L/yr - ₹20 L/yr
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Sales & Business Development Product Manager Salary 4 years exp. (AmbitionBox Estimate)	₹14.1 L/yr - ₹19 L/yr

Last Updated: 16 Jul 2023

Companies similar to Bajaj Finance for Product Manager in Mumbai

Bajaj Finance Product Manager Salary

2 - 7 years exp. (10 salaries)

₹7.6 L/yr - ₹26.8 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Product Manager Salary 1 - 7 years exp. (182 salaries)	₹5 L/yr - ₹18.5 L/yr 27% less
IIFL Finance Product Manager Salary 0 - 6 years exp. (27 salaries)	₹7.5 L/yr - ₹24.5 L/yr 8% less
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Mahindra Finance Product Manager Salary 2 - 10 years exp. (15 salaries)	₹9.3 L/yr - ₹35.1 L/yr 25% more
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 1% more
Kotak Mahindra Prime Product Manager Salary 1 - 9 years exp. (10 salaries)	₹6.1 L/yr - ₹11 L/yr 53% less
Axis Finance Product Manager Salary 3 - 10 years exp. (7 salaries)	₹9 L/yr - ₹14 L/yr 33% less
Mahindra Rural Housing Finance Product Manager Salary 1 - 5 years exp. (5 salaries)	₹8 L/yr - ₹27.9 L/yr 3% less
HDB Financial Services Product Manager Salary 3 - 13 years exp. (5 salaries)	₹9.6 L/yr - ₹18.5 L/yr 15% less	1 job opening
Shriram Finance Product Manager Salary 8 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹11 L/yr 62% less
Manappuram Finance Product Manager Salary 3 - 4 years exp. (3 salaries)	₹18.9 L/yr - ₹20 L/yr 17% more

Product Manager salary at Bajaj Finance ranges between ₹7.6 Lakhs to ₹26.8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Product Manager salaries in Mumbai

Last Updated: 16 Jul 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
3 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
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4 years (5 salaries)	₹11 L/yr - ₹28.8 L/yr
5 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
6 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
7 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.4 L/yr

View all

From

Product Manager

₹

Lakhs/yr

2 - 7 years exp.

National Sales Manager

₹

Lakhs/yr

13 - 21 years exp.

Product Manager

2 - 7 years exp.

Senior Product Manager

3 - 8 years exp.

38% hike

Zonal Sales Manager

10 - 22 years exp.

92% hike

From

View 2 more levels

Product Manager

2 - 7 years exp.

National Manager

13 - 23 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 Bajaj Finance

Deputy Manager Salary

(19 salaries)

₹3.15 L/yr - ₹7 L/yr

Top skills at Bajaj Finance for Product Manager

Product Management Excel Azure Angularjs Lucene React.Js Product Strategy Powerpoint Coordination Devops Scrum Office Tableau R Power Bi

Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

Business Analyst in Pune

Full Time

Project & Program Management Department

1.0

• posted on 14 May 2024

3.0

for Salary and Benefits

Likes

You get your salary at the end of the month. This is the only Pro of the company.

Dislikes

You will have to forget your family to work here. Even if your father is no more and you need to take a leave to perform his last rituals they won’t give you 1 day leave because according to the managers in bajaj finance if they show that they are able to suck the life out of the employee then only they get promoted.

Skill development - Bad

+4 more

Area Collection Manager in Chandigarh

Full Time

Finance & Accounting Department

1.0

• posted on 29 Mar 2025

3.0

for Salary and Benefits

Likes

... bosses. They only use abusive language. Forcefully ask your junior for funding. 70% salary goes in funding.

Job security - Good

Dislikes

Work culture pathetic. No personal life. Uneducated people Work there. Maximum regional manager level employee have fake degree. No Sunday

Skill development - Bad

+4 more

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

Job security is good so you won’t face any issues with job. Salary and other reimbursements are credited on time.

Job security - Good

Dislikes

Culture and leadership is shit. Development and learning is stagnant. Policies are bogus, they get changed any time.

Skill development - Bad

+4 more

Collection Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Work culture is good, salary on time

Company culture - Excellent

Dislikes

Previously Bajaj Auto finance Ltd was good after merging in to finserv it got hectic, bosses are always after you, no rest on week days after merging new managers are toxic

Skill development - Bad

+3 more

Credit Sales Manager in Bareilly

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jan 2025

3.0

for Salary and Benefits

Likes

The company culture is good and you get to learn something new and new technology

Skill development - Excellent

+1 more

Dislikes

I have no problem working in Bajaj Auto Finance but the only thing that has messed up is the salary structure. My post is that of a credit sales manager but my profile says sales officer And now the profile of the new hiring is Assistant Manager

Job security - Bad

+3 more

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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 Finance Product Manager Salary FAQs

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

The average salary of a Product Manager at Bajaj Finance in Mumbai typically ranges from ₹7.6 Lakhs to ₹26.8 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Product Manager in Mumbai at Bajaj Finance earn more than ₹26.8 Lakhs per year, and the top 1% earn over ₹31.5 Lakhs per year. Product Manager Salaries at Bajaj Finance 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 10 Bajaj Finance employees in India.

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

The estimated take-home salary of a Product Manager at Bajaj Finance in Mumbai typically ranges from ₹1,11,845 to ₹1,14,949 per month. This is based on the average salary range of ₹7.6 Lakhs to ₹26.8 Lakhs per year for employees with experience ranging from 2 years to 7 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 10 salaries received from various employees of Bajaj Finance. 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 Finance in Mumbai?

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

- Product Management
- Excel
- Azure
- Angularjs
- Lucene

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

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

Mahindra Finance	₹9.3 Lakhs to ₹35.1 Lakhs per year
Manappuram Finance	₹18.9 Lakhs to ₹20.0 Lakhs per year
SMFG India Credit	₹8.0 Lakhs to ₹25.0 Lakhs per year

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

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

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

Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹27.9 Lakhs per year
IIFL Finance	₹7.5 Lakhs to ₹24.5 Lakhs per year
HDB Financial Services	₹9.6 Lakhs to ₹18.5 Lakhs per year
L&T Finance	₹5.0 Lakhs to ₹18.5 Lakhs per year
Axis Finance	₹9.0 Lakhs to ₹14.0 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 Product Manager at Bajaj Finance in Mumbai?

The salary growth for a Product Manager at Bajaj Finance 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 Finance:

Experience	Average Salary Range
2 years	₹12.8 Lakhs to ₹16.4 Lakhs per year
3 years	₹13.6 Lakhs to ₹17.4 Lakhs per year
4 years	₹11.0 Lakhs to ₹28.8 Lakhs per year
5 years	₹15.2 Lakhs to ₹19.4 Lakhs per year

and so on.

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Bajaj Finance Product Manager Salaries in Mumbai

Bajaj Finance Product Manager salary in Mumbai ranges between ₹7.6 Lakhs to ₹26.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bajaj Finance latest salaries received from various employees of Bajaj Finance.