Federal Bank Senior Product Manager Salaries by 4 Employees (Updated 2025)

6 - 10 years exp.

₹22 Lakhs - ₹27 Lakhs

Low Confidence

Salary of majority employees

Fixed (80%)

₹19.4 Lakhs

Variable (20%)

₹4.9 Lakhs

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31% less than the average Senior Product Manager Salary in Banking Companies for 6 - 10 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Federal Bank for Senior Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Product Manager Salary 3 - 11 years exp. (187 salaries)	Unlock ₹10.3 L/yr - ₹33.1 L/yr 10% less
ICICI Bank Senior Product Manager Salary 2 - 9 years exp. (403 salaries)	Unlock ₹10 L/yr - ₹35 L/yr 1% less
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Axis Bank Senior Product Manager Salary 2 - 9 years exp. (191 salaries)	Unlock ₹10.1 L/yr - ₹32 L/yr 13% less
State Bank of India Senior Product Manager Salary 2 - 10 years exp. (7 salaries)	Unlock ₹13 L/yr - ₹24 L/yr 24% less
Kotak Mahindra Bank Senior Product Manager Salary 1 - 9 years exp. (155 salaries)	Unlock ₹9 L/yr - ₹28 L/yr 18% less
IndusInd Bank Senior Product Manager Salary 7 - 12 years exp. (18 salaries)	Unlock ₹18.3 L/yr - ₹49 L/yr 56% more
Yes Bank Senior Product Manager Salary 2 - 7 years exp. (50 salaries)	Unlock ₹10 L/yr - ₹26 L/yr 18% less
IDFC FIRST Bank Senior Product Manager Salary 2 - 10 years exp. (158 salaries)	Unlock ₹10.8 L/yr - ₹40 L/yr 2% more
RBL Bank Senior Product Manager Salary 1 - 6 years exp. (51 salaries)	Unlock ₹9 L/yr - ₹20 L/yr 40% less
Bandhan Bank Senior Product Manager Salary 5 - 8 years exp. (8 salaries)	Unlock ₹11 L/yr - ₹23 L/yr 36% less
Ujjivan Small Finance Bank Senior Product Manager Salary 3 - 8 years exp. (17 salaries)	Unlock ₹9.7 L/yr - ₹22.5 L/yr 37% less
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Standard Chartered Senior Product Manager Salary 4 - 16 years exp. (11 salaries)	Unlock ₹38.8 L/yr - ₹44 L/yr 63% more
Jana Small Finance Bank Senior Product Manager Salary 3 - 7 years exp. (11 salaries)	Unlock ₹14.2 L/yr - ₹35 L/yr 6% more

Senior Product Manager salary at Federal Bank ranges between ₹22 Lakhs to ₹27 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Senior Product Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹24.3 L/yr - ₹31 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹19.8 L/yr - ₹25.3 L/yr
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10 years (AmbitionBox Estimate)	Unlock ₹21.6 L/yr - ₹27.6 L/yr

Similar Designation salaries in Federal Bank

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Assistant Product Manager Salary

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₹8.6 L/yr - ₹10.9 L/yr

Project Manager Salary

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₹11 L/yr - ₹15 L/yr

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₹13.5 L/yr - ₹17.3 L/yr

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Business Analyst Salary

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₹14 L/yr - ₹42 L/yr

Salary related reviews for Federal Bank

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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Federal Bank Senior Product Manager Salary FAQs

What is the salary of Senior Product Manager at Federal Bank?

Senior Product Manager salary at Federal Bank in India ranges between ₹22.0 Lakhs to ₹27.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 31% less than the average Senior Product Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Senior Product Manager at Federal Bank is 31% less than the average salary of a Senior Product Manager in India. To know exact salary insights, login to view.

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

Standard Chartered Senior Product Manager Salary - ₹38.8 Lakhs to ₹44.0 Lakhs per year
IndusInd Bank Senior Product Manager Salary - ₹18.3 Lakhs to ₹49.0 Lakhs per year
Jana Small Finance Bank Senior Product Manager Salary - ₹14.2 Lakhs to ₹35.0 Lakhs per year
IDFC FIRST Bank Senior Product Manager Salary - ₹10.8 Lakhs to ₹40.0 Lakhs per year

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

ICICI Bank Senior Product Manager Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year
HDFC Bank Senior Product Manager Salary - ₹10.3 Lakhs to ₹33.1 Lakhs per year
Axis Bank Senior Product Manager Salary - ₹10.1 Lakhs to ₹32.0 Lakhs per year
Yes Bank Senior Product Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
Kotak Mahindra Bank Senior Product Manager Salary - ₹9.0 Lakhs to ₹28.0 Lakhs per year

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

The estimated take-home salary of a Senior Product Manager at Federal Bank ranges between ₹1,54,412 per month to ₹1,60,257 per month in India. The take-home salary calculation is based on the average Federal Bank Senior Product Manager salary in India which ranges between ₹22.0 Lakhs to ₹27.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Federal Bank Senior Product Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Federal Bank Senior Product Manager Salaries

Federal Bank Senior Product Manager salary in India ranges between ₹22 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Federal Bank latest salaries received from various employees of Federal Bank.