HDFC Life Mumbai Lead Product Manager Salaries by 6 Employees (Updated 2025)

6 - 9 years exp.

₹12 Lakhs - ₹30 Lakhs

Salary of majority employees

Fixed (91%)

₹20.6 Lakhs

Variable (9%)

₹2.0 Lakhs

39% less than the average Lead Product Manager Salary in Insurance Companies for 6 - 9 years of experience

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Salaries in different departments

Product Management Lead Product Manager Salary 6 - 8 years exp. (3 salaries)	₹21.5 L/yr - ₹30 L/yr
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Project & Program Management Lead Product Manager Salary 9 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 13 Feb 2025

Companies similar to HDFC Life for Lead Product Manager in Mumbai

HDFC Life Lead Product Manager Salary

6 - 9 years exp. (6 salaries)

₹12 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
National Payments Corporation of India Lead Product Manager Salary 1 - 7 years exp. (17 salaries)	₹15 L/yr - ₹32 L/yr 2% less
IDFC FIRST Bank Lead Product Manager Salary 4 - 7 years exp. (4 salaries)	₹34 L/yr - ₹43.4 L/yr 75% more
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JioMart Lead Product Manager Salary 9 - 13 years exp. (4 salaries)	₹50 L/yr - ₹65.7 L/yr 167% more
Quantel AI Lead Product Manager Salary 8 - 10 years exp. (3 salaries)	₹12 L/yr - ₹23 L/yr 31% less
Aditya Birla Finance Lead Product Manager Salary 7 - 20 years exp. (3 salaries)	₹25 L/yr - ₹70 L/yr 111% more

Lead Product Manager salary at HDFC Life ranges between ₹12 Lakhs to ₹30 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Lead Product Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
6 years (4 salaries)	₹15 L/yr - ₹30 L/yr
8 years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.7 L/yr
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9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

Similar Designation salaries in HDFC Life

Product Manager Salary

(58 salaries)

₹7.5 L/yr - ₹20 L/yr

Senior Product Manager Salary

(36 salaries)

₹13 L/yr - ₹33 L/yr

Project Manager Salary

(16 salaries)

₹6.56 L/yr - ₹16.5 L/yr

Senior Project Manager Salary

(6 salaries)

₹8.8 L/yr - ₹22.6 L/yr

Associate Product Manager Salary

(6 salaries)

₹4 L/yr - ₹18 L/yr

Principal Product Manager Salary

(6 salaries)

₹24.6 L/yr - ₹45 L/yr

Digital Product Manager Salary

(3 salaries)

₹21 L/yr - ₹30 L/yr

Salary related reviews for HDFC Life

3.0

Rated by 1 employees for salary & benefits

Lead Product Manager in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 09 Jul 2023

3.0

for Salary and Benefits

Likes

Salary on time Job security

Job security - Good

+1 more

Dislikes

1. Management don't have idea what they want 2. No clarity of work 3. People sitting here from 10 years think they owns the company 4. No supportive colleagues 5. Way of working is not great 6. Lot of internal politics

Skill development - Poor

+2 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

2.0

for Salary and Benefits

Dislikes

... Saturday and Sunday off as they have mentioned holiday at the time of joining. Also I feel there is discrimination in salary increament policy and working time among employees.

Salary - Poor

+3 more

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Skill development - Excellent

+1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Promotions - Poor

+1 more

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

Work satisfaction - Excellent

+1 more

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

Skill development - Bad

+2 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Life Lead Product Manager Salary FAQs

What is the salary of Lead Product Manager at HDFC Life Mumbai?

Lead Product Manager salary at HDFC Life in Mumbai ranges between ₹12.0 Lakhs to ₹30.0 Lakhs for experience between 6 years to 9 years. According to our estimates it is 39% less than the average Lead Product Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life Mumbai.

How does the salary of a Lead Product Manager at HDFC Life Mumbai compare with the average salary range for this job?

The average salary of a Lead Product Manager at HDFC Life is 39% less than the average salary of a Lead Product Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Lead Product Manager in Mumbai?

JioMart Lead Product Manager Salary - ₹50.0 Lakhs to ₹65.7 Lakhs per year
Aditya Birla Finance Lead Product Manager Salary - ₹25.0 Lakhs to ₹70.0 Lakhs per year
IDFC FIRST Bank Lead Product Manager Salary - ₹34.0 Lakhs to ₹43.4 Lakhs per year

What is the salary of a Lead Product Manager in companies similar to HDFC Life in Mumbai?

National Payments Corporation of India Lead Product Manager Salary - ₹15.0 Lakhs to ₹32.0 Lakhs per year
Quantel AI Lead Product Manager Salary - ₹12.0 Lakhs to ₹23.0 Lakhs per year

What is the estimated take home salary of a Lead Product Manager at HDFC Life in Mumbai?

The estimated take-home salary of a Lead Product Manager at HDFC Life ranges between ₹1,45,526 per month to ₹1,50,970 per month in Mumbai. The take-home salary calculation is based on the average HDFC Life Lead Product Manager salary in India which ranges between ₹12.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Lead Product Manager at HDFC Life in Mumbai?

According to AmbitionBox, 75% of the HDFC Life Lead Product Managers in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Life Lead Product Manager Salaries in Mumbai

HDFC Life Lead Product Manager salary in Mumbai ranges between ₹12 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.