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 37% more
ICICI Bank Product Manager Salary 0 - 10 years exp. (3k salaries)	₹7.3 L/yr - ₹27.2 L/yr 4% more
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HDFC Bank Product Manager Salary 0 - 12 years exp. (738 salaries)	₹6 L/yr - ₹25 L/yr 14% less
Axis Bank Product Manager Salary 0 - 10 years exp. (590 salaries)	₹8 L/yr - ₹26.5 L/yr 1% more
Kotak Mahindra Bank Product Manager Salary 0 - 10 years exp. (569 salaries)	₹6.5 L/yr - ₹25 L/yr 10% less	1 job opening
Yes Bank Product Manager Salary 0 - 10 years exp. (214 salaries)	₹7.2 L/yr - ₹28.5 L/yr 7% more	2 job openings
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (514 salaries)	₹8.6 L/yr - ₹30 L/yr 17% more	2 job openings
IndusInd Bank Product Manager Salary 0 - 10 years exp. (131 salaries)	₹8 L/yr - ₹29.7 L/yr 13% more
RBL Bank Product Manager Salary 1 - 12 years exp. (164 salaries)	₹6.5 L/yr - ₹22.1 L/yr 20% less	2 job openings
Ujjivan Small Finance Bank Product Manager Salary 2 - 8 years exp. (81 salaries)	₹7 L/yr - ₹25 L/yr 3% less
Standard Chartered Product Manager Salary 4 - 13 years exp. (45 salaries)	₹14.5 L/yr - ₹46.5 L/yr 84% more
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Bandhan Bank Product Manager Salary 0 - 13 years exp. (37 salaries)	₹4.9 L/yr - ₹19 L/yr 29% less
Utkarsh Small Finance Bank Product Manager Salary 1 - 14 years exp. (29 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 19% less	2 job openings
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

Project Manager Salary

(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)

₹4.5 L/yr - ₹13.8 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

(26 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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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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Federal Bank Product Manager Salary FAQs

What is the salary of Product Manager at Federal Bank?

Product Manager salary at Federal Bank in India ranges between ₹12.0 Lakhs to ₹22.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 23% less than the average Product Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Product Manager at Federal Bank is 23% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Product Manager in India?

Emirates NBD Product Manager Salary - ₹32.0 Lakhs to ₹55.0 Lakhs per year
Standard Chartered Product Manager Salary - ₹14.5 Lakhs to ₹46.5 Lakhs per year
State Bank of India Product Manager Salary - ₹11.0 Lakhs to ₹32.0 Lakhs per year
IDBI Bank Product Manager Salary - ₹11.0 Lakhs to ₹28.0 Lakhs per year
Canara Bank Product Manager Salary - ₹12.0 Lakhs to ₹29.0 Lakhs per year

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

HSBC Global Banking and Markets Product Manager Salary - ₹17.5 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank Product Manager Salary - ₹8.6 Lakhs to ₹30.0 Lakhs per year
IndusInd Bank Product Manager Salary - ₹8.0 Lakhs to ₹29.7 Lakhs per year
Yes Bank Product Manager Salary - ₹7.2 Lakhs to ₹28.5 Lakhs per year
ICICI Bank Product Manager Salary - ₹7.3 Lakhs to ₹27.2 Lakhs per year

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 ranges between ₹1,13,443 per month to ₹1,16,599 per month in India. The take-home salary calculation is based on the average Federal Bank Product Manager salary in India which ranges between ₹12.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Federal Bank?

According to AmbitionBox, 71% of the Federal Bank Product Managers 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 14 responses on AmbitionBox in last 2 years.

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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.