Federal Bank Product Manager Salaries by 20+ Employees (Updated 2025)

1 - 9 years exp.

₹12 Lakhs - ₹22 Lakhs

Salary of majority employees

23% less than the average Product Manager Salary in Banking Companies for 1 - 9 years of experience

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Salaries in different departments

Product Management Product Manager Salary 1 - 9 years exp. (9 salaries)	₹12 L/yr - ₹19 L/yr
BFSI, Investments & Trading Product Manager Salary 4 - 6 years exp. (4 salaries)	₹15 L/yr - ₹22 L/yr
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Marketing & Communication Product Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹13.9 L/yr - ₹18.6 L/yr

Last Updated: 15 Feb 2025

Companies similar to Federal Bank for Product Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Product Manager Salary 2 - 10 years exp. (20 salaries)	₹11 L/yr - ₹32 L/yr 29% more
ICICI Bank Product Manager Salary 0 - 10 years exp. (3.1k salaries)	₹7.4 L/yr - ₹27.1 L/yr 4% more
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HDFC Bank Product Manager Salary 0 - 14 years exp. (766 salaries)	₹7 L/yr - ₹25 L/yr 10% less
Axis Bank Product Manager Salary 0 - 10 years exp. (568 salaries)	₹8 L/yr - ₹25.9 L/yr At par
Kotak Mahindra Bank Product Manager Salary 0 - 12 years exp. (601 salaries)	₹6.1 L/yr - ₹24.8 L/yr 14% less	1 job opening
Yes Bank Product Manager Salary 0 - 10 years exp. (216 salaries)	₹8.7 L/yr - ₹28.5 L/yr 10% more	2 job openings
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (524 salaries)	₹8.6 L/yr - ₹30 L/yr 15% more
IndusInd Bank Product Manager Salary 0 - 8 years exp. (127 salaries)	₹8 L/yr - ₹35 L/yr 17% more
RBL Bank Product Manager Salary 1 - 12 years exp. (167 salaries)	₹6.5 L/yr - ₹23 L/yr 18% less	2 job openings
Ujjivan Small Finance Bank Product Manager Salary 2 - 8 years exp. (82 salaries)	₹7 L/yr - ₹25 L/yr 5% less
Standard Chartered Product Manager Salary 4 - 13 years exp. (46 salaries)	₹12.4 L/yr - ₹46.5 L/yr 81% more
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Bandhan Bank Product Manager Salary 1 - 13 years exp. (38 salaries)	₹5 L/yr - ₹20 L/yr 27% less
Utkarsh Small Finance Bank Product Manager Salary 1 - 14 years exp. (30 salaries)	₹5 L/yr - ₹17 L/yr 36% less
Jana Small Finance Bank Product Manager Salary 1 - 5 years exp. (23 salaries)	₹7 L/yr - ₹19 L/yr 18% less
IDBI Bank Product Manager Salary 6 - 13 years exp. (6 salaries)	₹11 L/yr - ₹28 L/yr 21% more
Shinhan Bank Product Manager Salary 5 - 14 years exp. (6 salaries)	₹11 L/yr - ₹12.5 L/yr 29% less
Canara Bank Product Manager Salary 8 - 13 years exp. (5 salaries)	₹12 L/yr - ₹29 L/yr 18% more
HSBC Global Banking and Markets Product Manager Salary 0 - 8 years exp. (4 salaries)	₹17.5 L/yr - ₹24 L/yr 18% more
Emirates NBD Product Manager Salary 6 - 10 years exp. (4 salaries)	₹32 L/yr - ₹55 L/yr 131% more
Karur Vysya Bank Product Manager Salary 2 - 17 years exp. (4 salaries)	₹8 L/yr - ₹23 L/yr 12% less

Product Manager salary at Federal Bank ranges between ₹12 Lakhs to ₹22 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 22 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Product Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹12 L/yr - ₹26.5 L/yr
2 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
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3 years (4 salaries)	₹13 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)	₹15 L/yr - ₹29.2 L/yr
5 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.4 L/yr
6 years (4 salaries)	₹15 L/yr - ₹22 L/yr
7 years (3 salaries)	₹13.9 L/yr - ₹31.8 L/yr
8 years (AmbitionBox Estimate)	₹15 L/yr - ₹32.7 L/yr
9 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹19 L/yr

View all

Similar Designation salaries in Federal Bank

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(5 salaries)

₹11 L/yr - ₹15 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Product Owner Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Deputy Manager Salary

(6 salaries)

₹6.55 L/yr - ₹13.42 L/yr

Senior Product Manager Salary

(4 salaries)

₹22 L/yr - ₹27 L/yr

Technical Product Manager Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Business Analyst Salary

(14 salaries)

₹6.5 L/yr - ₹14.5 L/yr

Senior Business Analyst Salary

(3 salaries)

₹10 L/yr - ₹15 L/yr

Assistant Vice President Salary

(25 salaries)

₹14 L/yr - ₹42 L/yr

Salary related reviews for Federal Bank

4.0

Rated by 1 employees for salary & benefits

Sales Manager in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

Salary - Poor

+6 more

Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Pay scale is good, less Pressure,

Salary - Excellent

+3 more

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there

Skill development - Poor

+1 more

Assistant Manager in Khambhalia

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary and perks are good

Job security - Good

Dislikes

and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank

Skill development - Bad

+4 more

Assistant Manager Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 14 May 2024

5.0

for Salary and Benefits

Likes

Salary and other compensation reimbursement and job security

Salary - Excellent

+2 more

Dislikes

Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products

Work-life balance - Poor

Associate in Dharmapuri

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is very good, job security and culture is better than other private banks

Salary - Good

+2 more

Dislikes

Won’t get transfers easily, some managers can be very disrespectful. No work life balance especially when it comes to leaves for personal needs

Company culture - Poor

+1 more

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Federal Bank Product Manager Salary FAQs

What is the salary of Product Manager at Federal Bank ?

The average salary of a Product Manager at Federal Bank in India typically ranges from ₹12.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Product Manager at Federal Bank earn more than ₹19.1 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Product Manager Salaries at Federal 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 20+ Federal Bank employees in India.

What is the estimated take home salary of a Product Manager at Federal Bank in India?

The estimated take-home salary of a Product Manager at Federal Bank in India typically ranges from ₹1,13,443 to ₹1,16,599 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 1 year 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 20+ salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Emirates NBD	₹32.0 Lakhs to ₹55.0 Lakhs per year
Standard Chartered	₹12.4 Lakhs to ₹46.5 Lakhs per year
State Bank of India	₹11.0 Lakhs to ₹32.0 Lakhs per year
IDBI Bank	₹11.0 Lakhs to ₹28.0 Lakhs per year
Canara Bank	₹12.0 Lakhs to ₹29.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Federal Bank in India?

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

HSBC Global Banking and Markets	₹17.5 Lakhs to ₹24.0 Lakhs per year
IndusInd Bank	₹8.0 Lakhs to ₹35.0 Lakhs per year
IDFC FIRST Bank	₹8.6 Lakhs to ₹30.0 Lakhs per year
Yes Bank	₹8.7 Lakhs to ₹28.5 Lakhs per year
ICICI Bank	₹7.4 Lakhs to ₹27.1 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 Federal Bank in India?

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

Experience	Average Salary Range
1 year	₹12.0 Lakhs to ₹26.5 Lakhs per year
2 years	₹13.0 Lakhs to ₹16.7 Lakhs per year
3 years	₹13.0 Lakhs to ₹17.0 Lakhs per year
4 years	₹15.0 Lakhs to ₹29.2 Lakhs per year

and so on.

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Federal Bank Product Manager Salaries

Federal Bank Product Manager salary in India ranges between ₹12 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Federal Bank latest salaries received from various employees of Federal Bank.