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HSBC Group Product Manager salaries in Mumbai (Updated 2025)

Annual salary range
3 - 14 years exp.
₹12 Lakhs - ₹45 Lakhs
Salary of majority employees
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37% more than the average Product Manager Salary in Financial Services Companies for 3 - 14 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
3 - 7 years exp. (4 salaries)
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₹22 L/yr - ₹30.4 L/yr

BFSI, Investments & Trading
Product Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹23.7 L/yr - ₹31 L/yr

Data Science & Analytics
Product Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹26.1 L/yr - ₹32.3 L/yr

Last Updated: 13 Mar 2025

Companies similar to HSBC Group for Product Manager in Mumbai

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HSBC Group Product Manager Salary

3 - 14 years exp. (9 salaries)

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₹12 L/yr - ₹45 L/yr

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Company name Avg Annual Salary Open Jobs
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Aditya Birla Capital Product Manager Salary

1 - 5 years exp. (61 salaries)

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₹10 L/yr - ₹27 L/yr

arrow icon 31% less
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JPMorgan Chase & Co. Product Manager Salary

3 - 13 years exp. (32 salaries)

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₹13.7 L/yr - ₹39 L/yr

arrow icon 4% more
4 job openings
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₹10.9 L/yr - ₹23.3 L/yr

arrow icon 52% less
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Citicorp Product Manager Salary

3 - 8 years exp. (24 salaries)

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₹13.5 L/yr - ₹40 L/yr

arrow icon 15% less
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UBS Product Manager Salary

5 - 13 years exp. (5 salaries)

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₹13 L/yr - ₹27.3 L/yr

arrow icon 24% less
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American Express Product Manager Salary

2 - 5 years exp. (5 salaries)

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₹14 L/yr - ₹40 L/yr

arrow icon 2% more
10 job openings
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IDFC FIRST Bharat Product Manager Salary

0 - 5 years exp. (5 salaries)

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₹6.5 L/yr - ₹19.2 L/yr

arrow icon 60% less
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Morgan Stanley Product Manager Salary

7 - 9 years exp. (4 salaries)

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₹26 L/yr - ₹41 L/yr

arrow icon 22% more
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Marsh McLennan Product Manager Salary

15 - 17 years exp. (3 salaries)

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₹31.5 L/yr - ₹40.2 L/yr

arrow icon 24% more
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RBL FinServe Product Manager Salary

1 - 3 years exp. (3 salaries)

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₹7.5 L/yr - ₹10 L/yr

arrow icon 70% less
Product Manager salary at HSBC Group ranges between ₹12 Lakhs to ₹45 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Product Manager in Mumbai

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14 years exp.
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12 years exp.

Experience wise HSBC Group Product Manager salaries in Mumbai

Last Updated: 13 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹12 L/yr - ₹44 L/yr
4 years (AmbitionBox Estimate)

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₹24 L/yr - ₹31 L/yr
5 years (AmbitionBox Estimate)

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₹23.4 L/yr - ₹29.8 L/yr
6 years (AmbitionBox Estimate)

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₹23 L/yr - ₹48 L/yr
7 years (AmbitionBox Estimate)

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₹22 L/yr - ₹49.4 L/yr
View all

Similar Designation salaries in HSBC Group

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₹26 L/yr - ₹31.5 L/yr
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₹18 L/yr - ₹35 L/yr
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₹32.9 L/yr - ₹62 L/yr

Top skills at HSBC Group for Product Manager

Financial Services Software Configuration Management Product Management Operational Risk Management Product Management Relationship Building Front Office Analytical Chemistry IFRS Relationship Management Software Asset Management US GAAP Change Management Taxation Financial Control

Salary related reviews for HSBC Group

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 26 Apr 2023

3.0
 for  Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

read more
  • Skill development - Good
  • +5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

read more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 11 Apr 2023

3.0
 for  Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

read more
  • Skill development - Good
  • +3 more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 20 Apr 2022

2.0
 for  Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

read more
  • Skill development - Good
  • +2 more

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

read more
  • Salary - Poor
  • +1 more

Data Science & Analytics Department

4.0
  •  posted on 28 Aug 2022

3.0
 for  Salary and Benefits

Likes

1. Flexibility in working hours. 2. Plenty Work from home opportunities. 3. Room for grooming and learning. 4. Work Life balance 5. Good policies and many leaves 6. Support , guidance and help from collogues and managers 7. Many Team building activities

read more
  • Skill development - Good
  • +3 more

Dislikes

1. Hikes are not that appropriate 2. Huge difference is salary of same experienced person as lateral hired person gets tremendous hike as compare to existing employee. 3. All leaves need to be utilized 4. Behind in adopting latest technologies as compare to other banks 5. Continuous changes in strategies, leaders, organization and team structure 6. Layoffs after 3-4 years 7. Budgeting issues 8. No onsite opportunities

read more

Data Science & Analytics Department

5.0
  •  posted on 05 May 2022

5.0
 for  Salary and Benefits

Likes

...ere.... Good learnings and nice atmosphere. Co workers and managers are good ...Good policy, compensation , learning platforms.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Only con is long working hours... I work 10-11 hrs daily

see more salary related reviews

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HSBC Group Product Manager Salary FAQs

What is the salary of Product Manager at HSBC Group in Mumbai?
The average salary of a Product Manager at HSBC Group in Mumbai typically ranges from ₹12.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Product Manager in Mumbai at HSBC Group earn more than ₹40.2 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Product Manager Salaries at HSBC Group 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 9 HSBC Group employees in India.
What is the estimated take home salary of a Product Manager at HSBC Group in Mumbai?
The estimated take-home salary of a Product Manager at HSBC Group in Mumbai typically ranges from ₹1,75,259 to ₹1,82,046 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 3 years to 14 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 9 salaries received from various employees of HSBC Group. 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 HSBC Group in Mumbai?
To be a Product Manager at HSBC Group in Mumbai, the key skills required include:

  • - Financial Services
  • - Software Configuration Management
  • - Product Management
  • - Operational Risk Management
  • - Product Management

These skills are highly valued at HSBC Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HSBC Group for Product Manager in India?
Marsh McLennan ₹31.5 Lakhs to ₹40.2 Lakhs per year
Morgan Stanley ₹26.0 Lakhs to ₹41.0 Lakhs per year
JPMorgan Chase & Co. ₹13.7 Lakhs to ₹39.0 Lakhs per year
American Express ₹14.0 Lakhs to ₹40.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Group, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to HSBC Group in Mumbai?
The salary of a Product Manager at companies similar to HSBC Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp ₹13.5 Lakhs to ₹40.0 Lakhs per year
UBS ₹13.0 Lakhs to ₹27.3 Lakhs per year
Aditya Birla Capital ₹10.0 Lakhs to ₹27.0 Lakhs per year
Motilal Oswal Financial Services ₹10.9 Lakhs to ₹23.3 Lakhs per year
IDFC FIRST Bharat ₹6.5 Lakhs to ₹19.2 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 HSBC Group in Mumbai?
The salary growth for a Product Manager at HSBC Group 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 HSBC Group:

Experience Average Salary Range
3 years ₹12.0 Lakhs to ₹44.0 Lakhs per year
4 years ₹24.0 Lakhs to ₹31.0 Lakhs per year
5 years ₹23.4 Lakhs to ₹29.8 Lakhs per year
6 years ₹23.0 Lakhs to ₹48.0 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group Product Manager salary in Mumbai ranges between ₹12 Lakhs to ₹45 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 HSBC Group latest salaries received from various employees of HSBC Group.