HDB Financial Services Mumbai Product Manager Salaries by 5 Employees (Updated 2025)

3 - 13 years exp.

₹9.6 Lakhs - ₹18.5 Lakhs

Salary of majority employees

32% less than the average Product Manager Salary in NBFC Companies for 3 - 13 years of experience

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Last Updated: 7 Jan 2025

Companies similar to HDB Financial Services for Product Manager in Mumbai

HDB Financial Services Product Manager Salary

3 - 13 years exp. (5 salaries)

₹9.6 L/yr - ₹18.5 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Product Manager Salary 0 - 7 years exp. (191 salaries)	₹5 L/yr - ₹18 L/yr 18% less
Aditya Birla Finance Product Manager Salary 2 - 10 years exp. (48 salaries)	₹9 L/yr - ₹35.6 L/yr 45% more
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IIFL Finance Product Manager Salary 0 - 6 years exp. (27 salaries)	₹7.5 L/yr - ₹24.5 L/yr 9% more
Mahindra Finance Product Manager Salary 2 - 10 years exp. (15 salaries)	₹9.3 L/yr - ₹35.1 L/yr 48% more
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 19% more
Bajaj Finance Product Manager Salary 2 - 7 years exp. (10 salaries)	₹7.6 L/yr - ₹26.8 L/yr 25% more
Shriram Finance Product Manager Salary 8 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹11 L/yr 55% less	1 job opening
Manappuram Finance Product Manager Salary 3 - 4 years exp. (3 salaries)	₹18.9 L/yr - ₹20 L/yr 38% more
Fedbank Financial Services Product Manager Salary 4 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹13 L/yr 22% less

Product Manager salary at HDB Financial Services ranges between ₹9.6 Lakhs to ₹18.5 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Product Manager salaries in Mumbai

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.8 L/yr
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5 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
6 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
9 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
10 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
11 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
13 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr

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Similar Designation salaries in HDB Financial Services

Deputy Manager Salary

(53 salaries)

₹3 L/yr - ₹9.1 L/yr

Project Manager Salary

(10 salaries)

₹6.7 L/yr - ₹19.75 L/yr

Business Analyst Salary

(9 salaries)

₹2.1 L/yr - ₹10.2 L/yr

Top skills at HDB Financial Services for Product Manager

Analytical skills Strategy Development Collection Management Collections Team Handling Strategic Planning Project Management Product Management Communication Skills Collections Loan Recovery Presentation Skills Personal Loans DT Strategic Business Planning

Salary related reviews for HDB Financial Services

3.0

Rated by 1 employees for salary & benefits

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Supervisor in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Job Security is the only plus point in the company. The company is good for freshers and people with high experience

Job security - Excellent

Dislikes

Salary increments are very low, promotions there are in many cases biased and low in numbers. Work satisfaction is on below average level due to unrealistic incentive slab make earning good money very difficult. If you are 2-3 yrs of experience person don't come here. Just people being a fresher or a 8yrs+ experience people are valued then also freshers are also get their valued getting less after their 1st increment (1-1.5yrs) after joining the company

Salary - Poor

+2 more

MIS Officer in Chennai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

I am like to company only and salary credit on time 31st and leave policy available for monthly 2.5 days

Work-life balance - Good

Dislikes

Company policy not maintain tenure employee/tenure employee some people handling 0%/monthly one Saturday week for Team manager above/ promotion only tenure employee recommendation/

Skill development - Poor

+3 more

Branch Operation Executive in Ahmedabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Feb 2025

2.0

for Salary and Benefits

Likes

Few things like skill development

Dislikes

Work life balance very bad,salary is lowest, mentality is rigid,to much manual work, companies policy is not at all on single road,always fear to work specially in operations department

Salary - Poor

+2 more

Senior Executive Operations in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Feb 2025

1.0

for Salary and Benefits

Likes

Work Environment, great support from the Team, but there is no satisfaction about the salary and promotions.

Job security - Excellent

+2 more

Dislikes

Mostly About the Salary and Promotions. I'm working in HDB Financial Services from past 3 Years but there is No Increment in My Salary.

Salary - Bad

+1 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDB Financial Services Product Manager Salary FAQs

What is the salary of Product Manager at HDB Financial Services in Mumbai?

The average salary of a Product Manager at HDB Financial Services in Mumbai typically ranges from ₹9.6 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Product Manager in Mumbai at HDB Financial Services earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Product Manager Salaries at HDB Financial Services 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 5 HDB Financial Services employees in India.

What is the estimated take home salary of a Product Manager at HDB Financial Services in Mumbai?

The estimated take-home salary of a Product Manager at HDB Financial Services in Mumbai typically ranges from ₹97,140 to ₹99,770 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 3 years to 13 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 5 salaries received from various employees of HDB Financial Services. 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 HDB Financial Services in Mumbai?

To be a Product Manager at HDB Financial Services in Mumbai, the key skills required include:

- Analytical skills
- Strategy Development
- Collection Management
- Collections
- Team Handling

These skills are highly valued at HDB Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDB Financial Services for Product Manager in India?

Mahindra Finance	₹9.3 Lakhs to ₹35.1 Lakhs per year
Aditya Birla Finance	₹9.0 Lakhs to ₹35.6 Lakhs per year
Manappuram Finance	₹18.9 Lakhs to ₹20.0 Lakhs per year
Bajaj Finance	₹7.6 Lakhs to ₹26.8 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 HDB Financial Services, depending on the role and experience level.

What is the salary of a Product Manager in companies similar to HDB Financial Services in Mumbai?

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

IIFL Finance	₹7.5 Lakhs to ₹24.5 Lakhs per year
L&T Finance	₹5.0 Lakhs to ₹18.0 Lakhs per year
Fedbank Financial Services	₹4.8 Lakhs to ₹13.0 Lakhs per year
Shriram Finance	₹5.4 Lakhs to ₹11.0 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 HDB Financial Services in Mumbai?

The salary growth for a Product Manager at HDB Financial Services 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 HDB Financial Services:

Experience	Average Salary Range
3 years	₹13.3 Lakhs to ₹17.0 Lakhs per year
4 years	₹13.2 Lakhs to ₹16.8 Lakhs per year
5 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
6 years	₹12.9 Lakhs to ₹16.5 Lakhs per year

and so on.

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HDB Financial Services Product Manager Salaries in Mumbai

HDB Financial Services Product Manager salary in Mumbai ranges between ₹9.6 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.