ICICI Bank Mumbai Product Manager 2 Salaries by 20+ Employees (Updated 2025)

2 - 6 years exp.

₹11.6 Lakhs - ₹26.2 Lakhs

Salary of majority employees

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29% less than the average Product Manager 2 Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Product Management Product Manager 2 Salary 2 - 6 years exp. (17 salaries)	Unlock ₹11.6 L/yr - ₹26.2 L/yr
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BFSI, Investments & Trading Product Manager 2 Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹22.3 L/yr - ₹24 L/yr

Last Updated: 8 Feb 2025

Companies similar to ICICI Bank for Product Manager 2 in Mumbai

ICICI Bank Product Manager 2 Salary

2 - 6 years exp. (23 salaries)

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₹11.6 L/yr - ₹26.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Fynd Product Manager 2 Salary 3 - 7 years exp. (4 salaries)	Unlock ₹28 L/yr - ₹34 L/yr 40% more
Asian Paints Product Manager 2 Salary 6 - 8 years exp. (4 salaries)	Unlock ₹42 L/yr - ₹45 L/yr 105% more
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Upstox Product Manager 2 Salary 7 - 9 years exp. (4 salaries)	Unlock ₹39 L/yr - ₹55 L/yr 111% more
Games24x7 Product Manager 2 Salary 3 - 5 years exp. (4 salaries)	Unlock ₹25 L/yr - ₹28 L/yr 21% more
Tata Digital Product Manager 2 Salary 5 - 8 years exp. (3 salaries)	Unlock ₹19.9 L/yr - ₹45.5 L/yr 63% more

Product Manager 2 salary at ICICI Bank ranges between ₹11.6 Lakhs to ₹26.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 23 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Product Manager 2 in Mumbai

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4 years exp.

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2 years exp.

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6 years exp.

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5 years exp.

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3 years exp.

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2 years exp.

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3 years exp.

Experience wise ICICI Bank Product Manager 2 salaries in Mumbai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
2 years (4 salaries)	Unlock ₹8.7 L/yr - ₹25 L/yr
3 years (6 salaries)	Unlock ₹8.6 L/yr - ₹24 L/yr
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4 years (5 salaries)	Unlock ₹20 L/yr - ₹23.6 L/yr
5 years (6 salaries)	Unlock ₹11.6 L/yr - ₹26.2 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹8.3 L/yr - ₹24 L/yr

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(3.5k salaries)

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₹2.5 L/yr - ₹10.55 L/yr

Product Manager Salary

(2k salaries)

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₹7.5 L/yr - ₹27 L/yr

Senior Product Manager Salary

(313 salaries)

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₹10 L/yr - ₹35 L/yr

Project Manager Salary

(74 salaries)

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₹13.89 L/yr - ₹23.8 L/yr

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₹5.86 L/yr - ₹23.9 L/yr

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(10 salaries)

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₹16 L/yr - ₹27.85 L/yr

Product Owner Salary

(6 salaries)

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₹7.5 L/yr - ₹17 L/yr

Group Product Manager Salary

(4 salaries)

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₹32 L/yr - ₹93 L/yr

Salary related reviews for ICICI Bank

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

4.0

• posted on 01 Feb 2025

3.0

for Salary and Benefits

Likes

Job Security

Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

Work satisfaction - Poor

+1 more

Deputy Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 27 Oct 2024

3.0

for Salary and Benefits

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

Job security - Good

+3 more

Dislikes

CTC Complexities Internal department change is not easy

Senior Product Manager in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 22 Jul 2024

2.0

for Salary and Benefits

Likes

Work life balance large lot depends on your team and team lead. Job security and steady pay. Company culture is still hierarchical but slowly changing. Work satisfaction depends on team again. Product teams are better for learning and growth

Skill development - Good

+2 more

Dislikes

No merit based promotion or appraisals. Limited scope for team change recently. Management has tunnel vision and execute the lead’s vision without room for questioning

Salary - Poor

+1 more

Deputy Manager in Kolkata

Full Time

Risk Management & Compliance Department

3.0

• posted on 28 Jun 2024

4.0

for Salary and Benefits

Likes

The overall salary structure. Centralized appraisals.

Salary - Good

+1 more

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

Skill development - Poor

+3 more

Deputy Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Jun 2024

2.0

for Salary and Benefits

Likes

I like most the company culture and training programme of the bank.

Job security - Good

+1 more

Dislikes

Salary is not meeting the inflation and that to be in a big city like hyderabad. There is no connection between the post of deputy manager and the role in bank.

Salary - Poor

+1 more

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What people are saying about ICICI Bank

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ICICI Bank

Need assistance for a job switch

So I just finished a year at ICICI and am now in SO grade in the eRM channel. My highest educational qualification is a B.Com. And now I intend to prepare for FRM. But I’m not sure whether I should stay at ICICI for another year, then switch companies after earning a... read more

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ICICI Bank Product Manager 2 Salary FAQs

What is the salary of Product Manager 2 at ICICI Bank Mumbai?

Product Manager 2 salary at ICICI Bank in Mumbai ranges between ₹11.6 Lakhs to ₹26.2 Lakhs for experience between 2 years to 6 years. According to our estimates it is 29% less than the average Product Manager 2 Salary in India. Salary estimates are based on 23 latest salaries received from various employees of ICICI Bank Mumbai.

How does the salary of a Product Manager 2 at ICICI Bank Mumbai compare with the average salary range for this job?

The average salary of a Product Manager 2 at ICICI Bank is 29% less than the average salary of a Product Manager 2 in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Bank to a Product Manager 2 in Mumbai?

Upstox Product Manager 2 Salary - ₹39.0 Lakhs to ₹55.0 Lakhs per year
Asian Paints Product Manager 2 Salary - ₹42.0 Lakhs to ₹45.0 Lakhs per year
Tata Digital Product Manager 2 Salary - ₹19.9 Lakhs to ₹45.5 Lakhs per year
Fynd Product Manager 2 Salary - ₹28.0 Lakhs to ₹34.0 Lakhs per year
Games24x7 Product Manager 2 Salary - ₹25.0 Lakhs to ₹28.0 Lakhs per year

What is the estimated take home salary of a Product Manager 2 at ICICI Bank in Mumbai?

The estimated take-home salary of a Product Manager 2 at ICICI Bank ranges between ₹1,37,511 per month to ₹1,42,592 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Product Manager 2 salary in India which ranges between ₹11.6 Lakhs to ₹26.2 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Product Manager 2 at ICICI Bank in Mumbai?

According to AmbitionBox, 91% of the ICICI Bank Product Manager 2s in Mumbai reported a notice period of 1 Month, 9% reported a notice period of 15 days or less.This is based on 22 responses on AmbitionBox in last 2 years.

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ICICI Bank Product Manager 2 Salaries in Mumbai

ICICI Bank Product Manager 2 salary in Mumbai ranges between ₹11.6 Lakhs to ₹26.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 ICICI Bank latest salaries received from various employees of ICICI Bank.