ICICI Bank Pune Product Manager Salaries by 70+ Employees (Updated 2025)

0 - 10 years exp.

₹6 Lakhs - ₹26 Lakhs

Salary of majority employees

Fixed (85%)

₹12.6 Lakhs

Variable (15%)

₹2.2 Lakhs

32% less than the average Product Manager Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

Product Management Product Manager Salary 0 - 10 years exp. (36 salaries)	₹6 L/yr - ₹25.5 L/yr
BFSI, Investments & Trading Product Manager Salary 1 - 7 years exp. (9 salaries)	₹10.7 L/yr - ₹22 L/yr
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Data Science & Analytics Product Manager Salary 1 - 6 years exp. (8 salaries)	₹5.5 L/yr - ₹23 L/yr
Finance & Accounting Product Manager Salary 2 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹16 L/yr
Marketing & Communication Product Manager Salary 3 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹17 L/yr

Last Updated: 22 Mar 2025

Companies similar to ICICI Bank for Product Manager in Pune

ICICI Bank Product Manager Salary

0 - 10 years exp. (77 salaries)

₹6 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Product Manager Salary 0 - 9 years exp. (24 salaries)	₹8.7 L/yr - ₹22 L/yr 7% more
HDFC Bank Product Manager Salary 0 - 10 years exp. (22 salaries)	₹6.3 L/yr - ₹16 L/yr 9% less
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Kotak Mahindra Bank Product Manager Salary 2 - 7 years exp. (17 salaries)	₹6.4 L/yr - ₹26.4 L/yr 4% more	1 job opening
Barclays Product Manager Salary 5 - 16 years exp. (12 salaries)	₹25 L/yr - ₹38 L/yr 119% more
Deutsche Bank Product Manager Salary 14 - 19 years exp. (10 salaries)	₹24 L/yr - ₹57 L/yr 148% more
AU Small Finance Bank Product Manager Salary 1 - 5 years exp. (6 salaries)	₹8.9 L/yr - ₹18.3 L/yr 4% less	1 job opening
Ujjivan Small Finance Bank Product Manager Salary 4 - 7 years exp. (3 salaries)	₹7 L/yr - ₹15.7 L/yr 10% less

Product Manager salary at ICICI Bank ranges between ₹6 Lakhs to ₹26 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 77 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Product Manager salaries in Pune

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹22.1 L/yr
1 year (10 salaries)	₹6 L/yr - ₹16 L/yr
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2 years (17 salaries)	₹5.6 L/yr - ₹22.5 L/yr
3 years (16 salaries)	₹5.5 L/yr - ₹23 L/yr
4 years (9 salaries)	₹5.7 L/yr - ₹19 L/yr
5 years (7 salaries)	₹7.4 L/yr - ₹25 L/yr
6 years (6 salaries)	₹14 L/yr - ₹26 L/yr
7 years (6 salaries)	₹7 L/yr - ₹27.5 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹20.5 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹22 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹26 L/yr

View all

From

Product Manager

₹

Lakhs/yr

0 - 10 years exp.

Assistant General Manager

₹

Lakhs/yr

15 - 24 years exp.

Product Manager

0 - 10 years exp.

Senior Product Manager

2 - 9 years exp.

37% hike

Chief Manager

5 - 23 years exp.

5% hike

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 ICICI Bank

Deputy Manager Salary

(973 salaries)

₹3 L/yr - ₹10.7 L/yr

Product Manager 2 Salary

(4 salaries)

₹19 L/yr - ₹20.95 L/yr

Top skills at ICICI Bank for Product Manager

Product Management Marketing Market Research New Product Development Product Strategy Product Design Trade Finance Product Marketing Internet Banking Mobile Banking Product Management Implementation Project Management Customer Experience Market Analysis

Salary related reviews for ICICI Bank

4.5

Rated by 3 employees for salary & benefits

Product Manager in Mumbai

Full Time

Product Management Department

3.0

• posted on 03 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks are good.

Salary - Good

+2 more

Dislikes

Work culture is terrible. Unnecessary toxicity, poor environment in office, rude seniors and one might face harassment from seniors. If you get good team and senior , consider yourself lucky or else its worst.

Work satisfaction - Poor

+2 more

Product Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 04 Oct 2022

3.0

for Salary and Benefits

Likes

Great working experience. Work culture is good. Can learn new things and grow. Job security is there.

Skill development - Excellent

+4 more

Dislikes

Salary and & monetary benefits are not satisfactory. Promotion amd appraisal process is not motivating.

Product Manager in Mumbai

Full Time

Product Management Department

3.0

• posted on 26 Jan 2022

1.0

for Salary and Benefits

Likes

Product team culture is different from the branch and operations team. Fairly interesting work, experienced seniors, progressive work culture, youthful peer. The bank has been a leader in technology (good for PMs). Unlimited sick leaves, good insurance policies. Swanky corporate offices with nice cafeteria and other facilities.

Skill development - Good

+4 more

Dislikes

Poor pay/hike compared to other PMs. No parity in pay. Product function is still evolving. It's more of a project management function. Bureaucratic decision making process. Hikes be based only on overall performance of team and bank. Promotions will be on vintage. No motivation to perform since free riders now have more reasons to free ride. Some weird policies during Covid- employees were asked to wfh from base locations even if the role does not require visiting office.

Salary - Bad

+1 more

Product Manager in Bkc Mumbai

Full Time

Product Management Department

4.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

...rk culture 2. Life balance is there if you handle ur boss and work carefully 3. Good salary if u r from top college 4. You can learn a lot, lot of scope for this 5. If u r good to handle some pressure, u will get additional responsibilities which is a good part.

Skill development - Good

+2 more

Dislikes

1. Not handsome salary for normal guy who just pass out graduation 2. Salary is not upto the market standard for sales officers and sales managers 3. Retail branches have lots of pressure

Promotions - Poor

Product Manager in Bkc

Product Management Department

3.0

• posted on 13 Dec 2021

2.0

for Salary and Benefits

Likes

I was part of digital transformation team. It was fairly new team of the bank when I joined the team. Work was demanding but inspiring. Colleagues are fun to work as well learn from. Great opportunity to learn strategy & high level thought process.

Skill development - Good

+1 more

Dislikes

...wly. High impact projects take a long time to be applied ( 1 year or more). 3. Compensation 4. HR policy

Salary - Poor

+4 more

see more salary related reviews

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What people are saying about ICICI Bank

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indispensablefire

works at

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 promotion, and in the meantime, continue pursuing FRM, or if I should switch right away. My current package in Bhubaneswar is 3.1 LPA…

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ICICI Bank Product Manager Salary FAQs

What is the salary of Product Manager at ICICI Bank in Pune?

The average salary of a Product Manager at ICICI Bank in Pune typically ranges from ₹6.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Product Manager in Pune at ICICI Bank earn more than ₹22.9 Lakhs per year, and the top 1% earn over ₹27.1 Lakhs per year. Product Manager Salaries at ICICI Bank 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 70+ ICICI Bank employees in India.

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

The estimated take-home salary of a Product Manager at ICICI Bank in Pune typically ranges from ₹1,02,389 to ₹1,05,188 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 70+ salaries received from various employees of ICICI Bank. 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 ICICI Bank in Pune?

To be a Product Manager at ICICI Bank in Pune, the key skills required include:

- Product Management
- Marketing
- Market Research
- New Product Development
- Product Strategy

These skills are highly valued at ICICI Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Bank for Product Manager in India?

Deutsche Bank	₹24.0 Lakhs to ₹57.0 Lakhs per year
Barclays	₹25.0 Lakhs to ₹38.0 Lakhs per year
Axis Bank	₹8.7 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra Bank	₹6.4 Lakhs to ₹26.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Bank, depending on the role and experience level.

What is the salary of a Product Manager in companies similar to ICICI Bank in Pune?

The salary of a Product Manager at companies similar to ICICI Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank	₹8.9 Lakhs to ₹18.3 Lakhs per year
HDFC Bank	₹6.3 Lakhs to ₹16.0 Lakhs per year
Ujjivan Small Finance Bank	₹7.0 Lakhs to ₹15.7 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 ICICI Bank in Pune?

The salary growth for a Product Manager at ICICI Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Product Manager in Pune can expect the following growth trajectory at ICICI Bank:

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹22.1 Lakhs per year
1 year	₹6.0 Lakhs to ₹16.0 Lakhs per year
2 years	₹5.6 Lakhs to ₹22.5 Lakhs per year
3 years	₹5.5 Lakhs to ₹23.0 Lakhs per year

and so on.

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ICICI Bank Product Manager Salaries in Pune

ICICI Bank Product Manager salary in Pune ranges between ₹6 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 77 ICICI Bank latest salaries received from various employees of ICICI Bank.