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HDFC Bank Product Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 12 years exp.
₹6 Lakhs - ₹25 Lakhs
Salary of majority employees
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Fixed (80%)
₹11.8 Lakhs
Variable (20%)
₹2.9 Lakhs
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28% less than the average Product Manager Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
0 - 12 years exp. (297 salaries)
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₹6.2 L/yr - ₹26 L/yr

BFSI, Investments & Trading
Product Manager Salary
0 - 12 years exp. (37 salaries)
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₹6.1 L/yr - ₹23.1 L/yr

Marketing & Communication
Product Manager Salary
1 - 8 years exp. (22 salaries)
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₹6 L/yr - ₹17 L/yr

Finance & Accounting
Product Manager Salary
0 - 8 years exp. (17 salaries)
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₹6 L/yr - ₹22.8 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Bank for Product Manager in Mumbai

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HDFC Bank Product Manager Salary

0 - 12 years exp. (545 salaries)

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₹6 L/yr - ₹25 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Product Manager Salary

0 - 11 years exp. (2k salaries)

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₹7.5 L/yr - ₹27 L/yr

arrow icon 18% more
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Axis Bank Product Manager Salary

0 - 10 years exp. (449 salaries)

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₹8 L/yr - ₹27.1 L/yr

arrow icon 14% more
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State Bank of India Product Manager Salary

2 - 10 years exp. (14 salaries)

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₹11 L/yr - ₹27 L/yr

arrow icon 66% more
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Kotak Mahindra Bank Product Manager Salary

0 - 10 years exp. (413 salaries)

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₹6.3 L/yr - ₹25 L/yr

arrow icon 1% more
1 job opening
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Yes Bank Product Manager Salary

0 - 10 years exp. (189 salaries)

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₹8.6 L/yr - ₹28.5 L/yr

arrow icon 24% more
2 job openings
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IndusInd Bank Product Manager Salary

0 - 10 years exp. (41 salaries)

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₹7.3 L/yr - ₹31.2 L/yr

arrow icon 19% more
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IDFC FIRST Bank Product Manager Salary

0 - 6 years exp. (380 salaries)

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₹8.5 L/yr - ₹30 L/yr

arrow icon 30% more
2 job openings
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RBL Bank Product Manager Salary

1 - 12 years exp. (72 salaries)

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₹6.4 L/yr - ₹20.9 L/yr

arrow icon 16% less
2 job openings
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Federal Bank Product Manager Salary

1 - 9 years exp. (10 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 13% more
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Shinhan Bank Product Manager Salary

5 - 14 years exp. (6 salaries)

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₹11 L/yr - ₹12.5 L/yr

arrow icon 21% less
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₹7.8 L/yr - ₹12.6 L/yr

arrow icon 29% less
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IDBI Bank Product Manager Salary

8 - 13 years exp. (4 salaries)

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₹16 L/yr - ₹28 L/yr

arrow icon 41% more
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₹5.5 L/yr - ₹17 L/yr

arrow icon 13% less

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Product Manager salary at HDFC Bank ranges between ₹6 Lakhs to ₹25 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 545 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Product Manager in Mumbai

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Experience wise HDFC Bank Product Manager salaries in Mumbai

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
Fresher  (41 salaries)

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₹6 L/yr - ₹21 L/yr
1 year  (97 salaries)

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₹6 L/yr - ₹19 L/yr
2 years  (80 salaries)

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₹6 L/yr - ₹22 L/yr
3 years  (61 salaries)

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₹6 L/yr - ₹23 L/yr
4 years  (62 salaries)

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₹6 L/yr - ₹22 L/yr
View all
HDFC Bank Product Manager Salary and Career Growth

From

To

Product Manager

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0 - 12 years exp.

Senior Product Manager

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unlock blur Lakhs/yr

5 - 11 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 HDFC Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10 L/yr
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₹10.31 L/yr - ₹35 L/yr
Project Manager Salary
(70 salaries)
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₹6 L/yr - ₹20.5 L/yr
Program Manager Salary
(20 salaries)
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₹18.46 L/yr - ₹29 L/yr
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₹7.2 L/yr - ₹19.2 L/yr
Product Lead Salary
(4 salaries)
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₹15 L/yr - ₹32 L/yr

Top skills at HDFC Bank for Product Manager

Product Management Competitor Analysis Portfolio Management Product Management Finance Product Development Business Development Product Planning Banking MIS Product Portfolio Trade Finance Relationship Management channel management Cross Selling

Salary related reviews for HDFC Bank

2.9

Rated by 56 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 15 Feb 2025

2.0
 for  Salary and Benefits

Likes

Brand value and future leaders in banking ,

Dislikes

Internal Politics, no understand on employee struggles ,no job security, less salary in the market ,always think about bank profits ,no human values ,no caring of employees , no much digitalization comparing to other banks , No leaves ,huge pressure eon every employee for tgts , need huge profits with less man power, No happiness at working with bank .only need of the hour for employees

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 09 Feb 2025

2.0
 for  Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

  • Skill development - Good
  • +1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 04 Dec 2024

3.0
 for  Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

read more
  • Skill development - Good
  • +1 more

Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

  • Salary - Good
  • +6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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HDFC Bank Product Manager Salary FAQs

What is the salary of Product Manager at HDFC Bank Mumbai?
Product Manager salary at HDFC Bank in Mumbai ranges between ₹6.0 Lakhs to ₹25.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 28% less than the average Product Manager Salary in India. Salary estimates are based on 545 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a Product Manager at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a Product Manager at HDFC Bank is 28% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Product Manager at HDFC Bank?
Product Management, Competitor Analysis, Portfolio Management, Product Management and Finance are some of the popular skills required to work as a Product Manager at HDFC Bank Mumbai.
Which similar companies are paying more than HDFC Bank to a Product Manager in Mumbai?
  • State Bank of India Product Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year
  • IDBI Bank Product Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year
  • IDFC FIRST Bank Product Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
  • Yes Bank Product Manager Salary - ₹8.6 Lakhs to ₹28.5 Lakhs per year
  • IndusInd Bank Product Manager Salary - ₹7.3 Lakhs to ₹31.2 Lakhs per year
What is the salary of a Product Manager in companies similar to HDFC Bank in Mumbai?
  • ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
  • Axis Bank Product Manager Salary - ₹8.0 Lakhs to ₹27.1 Lakhs per year
  • Federal Bank Product Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
  • Kotak Mahindra Bank Product Manager Salary - ₹6.3 Lakhs to ₹25.0 Lakhs per year
  • Utkarsh Small Finance Bank Product Manager Salary - ₹5.5 Lakhs to ₹17.0 Lakhs per year
What is the estimated take home salary of a Product Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Product Manager at HDFC Bank ranges between ₹1,02,006 per month to ₹1,04,793 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Product Manager salary in India which ranges between ₹6.0 Lakhs to ₹25.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Product Manager at HDFC Bank in Mumbai?
According to AmbitionBox, 59% of the HDFC Bank Product Managers in Mumbai reported a notice period of 3 Months, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 319 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Product Manager salary in Mumbai ranges between ₹6 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 545 HDFC Bank latest salaries received from various employees of HDFC Bank.