IDBI Bank Product Manager Salaries by 6 Employees

6 - 13 years exp.

₹11 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Product Manager Salary in Banking Companies for 6 - 13 years of experience

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Last Updated: 15 Mar 2024

Companies similar to IDBI Bank for Product Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Product Manager Salary 2 - 10 years exp. (20 salaries)	₹11 L/yr - ₹32 L/yr 6% more
HDFC Bank Product Manager Salary 0 - 14 years exp. (766 salaries)	₹7 L/yr - ₹25 L/yr 26% less
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ICICI Bank Product Manager Salary 0 - 10 years exp. (3.1k salaries)	₹7.5 L/yr - ₹27.1 L/yr 14% less
Axis Bank Product Manager Salary 0 - 10 years exp. (568 salaries)	₹8 L/yr - ₹25.9 L/yr 17% less
Bank of Baroda Product Manager Salary 4 - 12 years exp. (8 salaries)	₹7.1 L/yr - ₹20 L/yr 27% less
Canara Bank Product Manager Salary 8 - 13 years exp. (5 salaries)	₹12 L/yr - ₹29 L/yr 3% less
Kotak Mahindra Bank Product Manager Salary 0 - 12 years exp. (592 salaries)	₹6 L/yr - ₹25 L/yr 29% less	1 job opening
IndusInd Bank Product Manager Salary 0 - 8 years exp. (127 salaries)	₹8 L/yr - ₹35 L/yr 3% less
Yes Bank Product Manager Salary 0 - 10 years exp. (216 salaries)	₹8.7 L/yr - ₹28.5 L/yr 9% less	2 job openings
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (524 salaries)	₹8.6 L/yr - ₹30 L/yr 5% less
AU Small Finance Bank Product Manager Salary 0 - 7 years exp. (219 salaries)	₹6.4 L/yr - ₹25 L/yr 28% less	1 job opening
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Ujjivan Small Finance Bank Product Manager Salary 2 - 8 years exp. (82 salaries)	₹7 L/yr - ₹25 L/yr 22% less
Standard Chartered Product Manager Salary 4 - 13 years exp. (46 salaries)	₹12.4 L/yr - ₹46.5 L/yr 49% more
Equitas Small Finance Bank Product Manager Salary 0 - 15 years exp. (25 salaries)	₹5 L/yr - ₹14.7 L/yr 40% less	1 job opening
Jana Small Finance Bank Product Manager Salary 1 - 5 years exp. (23 salaries)	₹7 L/yr - ₹19 L/yr 32% less
Federal Bank Product Manager Salary 1 - 9 years exp. (22 salaries)	₹12 L/yr - ₹22 L/yr 18% less
Barclays Product Manager Salary 5 - 16 years exp. (16 salaries)	₹25 L/yr - ₹38 L/yr 61% more
Deutsche Bank Product Manager Salary 14 - 22 years exp. (15 salaries)	₹24 L/yr - ₹57 L/yr 80% more	1 job opening
NatWest Group Product Manager Salary 5 - 14 years exp. (15 salaries)	₹16.9 L/yr - ₹40 L/yr 22% more
Bank of America Product Manager Salary 7 - 15 years exp. (9 salaries)	₹13 L/yr - ₹31.9 L/yr 13% more

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Product Manager salary at IDBI Bank ranges between ₹11 Lakhs to ₹28 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Product Manager salaries

Last Updated: 15 Mar 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹21.4 L/yr
7 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
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8 years (AmbitionBox Estimate)	₹16 L/yr - ₹30.1 L/yr
9 years (3 salaries)	₹17 L/yr - ₹22 L/yr
10 years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.8 L/yr
11 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
12 years (AmbitionBox Estimate)	₹23.8 L/yr - ₹30.4 L/yr
13 years (AmbitionBox Estimate)	₹28 L/yr - ₹28 L/yr

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Similar Designation salaries in IDBI Bank

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₹12.5 L/yr - ₹44.5 L/yr

Deputy Manager Salary

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₹2.5 L/yr - ₹9 L/yr

Business Analyst Salary

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Associate Director Salary

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Senior Consultant Salary

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Senior Business Analyst Salary

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Salary related reviews for IDBI Bank

Assistant Branch Banking Manager in Indore

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

Job security - Good

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.

Salary - Poor

+5 more

Assistant Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Nov 2024

4.0

for Salary and Benefits

Likes

They offer good salary .

Salary - Good

+1 more

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

Skill development - Poor

+1 more

Senior Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jul 2024

4.0

for Salary and Benefits

Likes

Young demography. Salary and perks.

Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

Promotions - Poor

+3 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Mar 2024

5.0

for Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

Salary - Excellent

+3 more

Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

Skill development - Bad

+1 more

Branch Head in Jabalpur

Full Time

Sales & Business Development Department

3.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Overall it good company on the basis of salary structure

Salary - Good

+1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

Skill development - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about IDBI Bank

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDBI Bank Product Manager Salary FAQs

What is the salary of Product Manager at IDBI Bank?

Product Manager salary at IDBI Bank in India ranges between ₹11.0 Lakhs to ₹28.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 6% less than the average Product Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank India.

How does the salary of a Product Manager at IDBI Bank India compare with the average salary range for this job?

The average salary of a Product Manager at IDBI Bank is 6% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDBI Bank to a Product Manager in India?

Deutsche Bank Product Manager Salary - ₹24.0 Lakhs to ₹57.0 Lakhs per year
Barclays Product Manager Salary - ₹25.0 Lakhs to ₹38.0 Lakhs per year
Standard Chartered Product Manager Salary - ₹12.4 Lakhs to ₹46.5 Lakhs per year
NatWest Markets Product Manager Salary - ₹19.0 Lakhs to ₹38.4 Lakhs per year
NatWest Group Product Manager Salary - ₹16.9 Lakhs to ₹40.0 Lakhs per year

What is the salary of a Product Manager in companies similar to IDBI Bank in India?

Bank of America Product Manager Salary - ₹13.0 Lakhs to ₹31.9 Lakhs per year
State Bank of India Product Manager Salary - ₹11.0 Lakhs to ₹32.0 Lakhs per year
Canara Bank Product Manager Salary - ₹12.0 Lakhs to ₹29.0 Lakhs per year
HSBC Global Banking and Markets Product Manager Salary - ₹17.5 Lakhs to ₹24.0 Lakhs per year
IndusInd Bank Product Manager Salary - ₹8.0 Lakhs to ₹35.0 Lakhs per year

What is the estimated take home salary of a Product Manager at IDBI Bank in India?

The estimated take-home salary of a Product Manager at IDBI Bank ranges between ₹1,33,197 per month to ₹1,38,083 per month in India. The take-home salary calculation is based on the average IDBI Bank Product Manager salary in India which ranges between ₹11.0 Lakhs to ₹28.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at IDBI Bank?

According to AmbitionBox, 100% of the IDBI Bank Product Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IDBI Bank Product Manager Salaries

IDBI Bank Product Manager salary in India ranges between ₹11 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDBI Bank latest salaries received from various employees of IDBI Bank.