IDFC FIRST Bank Mumbai Product Manager Salaries by 300+ Employees (Updated 2025)

0 - 6 years exp.

₹8.5 Lakhs - ₹30 Lakhs

Salary of majority employees

6% less than the average Product Manager Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Product Management Product Manager Salary 0 - 6 years exp. (198 salaries)	₹8.3 L/yr - ₹30 L/yr
BFSI, Investments & Trading Product Manager Salary 0 - 5 years exp. (16 salaries)	₹12 L/yr - ₹24.6 L/yr
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Data Science & Analytics Product Manager Salary 1 - 5 years exp. (8 salaries)	₹9 L/yr - ₹22.4 L/yr
Marketing & Communication Product Manager Salary 0 - 5 years exp. (7 salaries)	₹11.7 L/yr - ₹23 L/yr
Project & Program Management Product Manager Salary 1 - 5 years exp. (7 salaries)	₹13.7 L/yr - ₹24.7 L/yr

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Last Updated: 17 Feb 2025

Companies similar to IDFC FIRST Bank for Product Manager in Mumbai

IDFC FIRST Bank Product Manager Salary

0 - 6 years exp. (375 salaries)

₹8.5 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 13 years exp. (539 salaries)	₹6 L/yr - ₹25 L/yr 24% less
ICICI Bank Product Manager Salary 0 - 11 years exp. (2.1k salaries)	₹7.5 L/yr - ₹27 L/yr 9% less
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Axis Bank Product Manager Salary 1 - 10 years exp. (429 salaries)	₹7.9 L/yr - ₹27.2 L/yr 13% less
Kotak Mahindra Bank Product Manager Salary 0 - 11 years exp. (423 salaries)	₹6 L/yr - ₹25 L/yr 23% less	1 job opening
Yes Bank Product Manager Salary 0 - 10 years exp. (188 salaries)	₹8.6 L/yr - ₹28 L/yr 5% less	2 job openings
IndusInd Bank Product Manager Salary 0 - 10 years exp. (40 salaries)	₹8 L/yr - ₹28.9 L/yr 2% less
RBL Bank Product Manager Salary 1 - 13 years exp. (71 salaries)	₹5.9 L/yr - ₹23 L/yr 33% less	1 job opening
Federal Bank Product Manager Salary 1 - 9 years exp. (10 salaries)	₹12 L/yr - ₹17 L/yr 13% less
DBS Bank Product Manager Salary 1 - 9 years exp. (20 salaries)	₹12.9 L/yr - ₹28.5 L/yr 15% less	2 job openings
Standard Chartered Product Manager Salary 4 - 12 years exp. (16 salaries)	₹13 L/yr - ₹45 L/yr 55% more
Shinhan Bank Product Manager Salary 5 - 14 years exp. (6 salaries)	₹11 L/yr - ₹12.5 L/yr 39% less
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IDBI Bank Product Manager Salary 8 - 13 years exp. (4 salaries)	₹16 L/yr - ₹28 L/yr 8% more
Ujjivan Small Finance Bank Product Manager Salary 3 - 6 years exp. (4 salaries)	₹10.5 L/yr - ₹29 L/yr 9% less	1 job opening
Utkarsh Small Finance Bank Product Manager Salary 7 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹17 L/yr 34% less

Product Manager salary at IDFC FIRST Bank ranges between ₹8.5 Lakhs to ₹30 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 375 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Product Manager salaries in Mumbai

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
Fresher (17 salaries)	₹9.2 L/yr - ₹22 L/yr
1 year (67 salaries)	₹7.9 L/yr - ₹25 L/yr
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2 years (97 salaries)	₹8.5 L/yr - ₹28 L/yr
3 years (73 salaries)	₹8.4 L/yr - ₹30 L/yr
4 years (58 salaries)	₹8.5 L/yr - ₹28 L/yr
5 years (43 salaries)	₹9 L/yr - ₹28 L/yr
6 years (20 salaries)	₹9 L/yr - ₹30 L/yr

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From

Product Manager

0 - 6 years exp.

Senior Product Manager

₹

Lakhs/yr

2 - 10 years exp.

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 IDFC FIRST Bank

Deputy Manager Salary

(595 salaries)

₹3 L/yr - ₹10.03 L/yr

Senior Product Manager Salary

(109 salaries)

₹10.2 L/yr - ₹40 L/yr

Project Manager Salary

(57 salaries)

₹7 L/yr - ₹25.65 L/yr

Product Owner Salary

(22 salaries)

₹9 L/yr - ₹24.7 L/yr

Program Manager Salary

(17 salaries)

₹9.05 L/yr - ₹24 L/yr

Product Lead Salary

(16 salaries)

₹21.6 L/yr - ₹41.6 L/yr

Production Manager Salary

(5 salaries)

₹12 L/yr - ₹20 L/yr

Lead Product Manager Salary

(4 salaries)

₹34 L/yr - ₹43.4 L/yr

Top skills at IDFC FIRST Bank for Product Manager

Banking Monitoring Retail Banking Product Management Penetration Business Analytics Compliance Customer Experience Digital Marketing Conceptualization Credit Cards Management Retail Business Loan Sales

Salary related reviews for IDFC FIRST Bank

3.5

Rated by 33 employees for salary & benefits

Product Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2023

4.0

for Salary and Benefits

Likes

The Pay.

Salary - Good

+1 more

Dislikes

No Clearly defined KRA. Work even during weekends and holidays. Tremendous work pressure. Manager doesn't understand your problems. No importance to employee's physical or mental well-being. Asked to come to office even during red alert due to rain. No place to sit.

Skill development - Bad

+4 more

Product Manager in Mumbai

Business Department

4.0

• posted on 28 Mar 2020

3.0

for Salary and Benefits

Likes

Leaders vision is clear and he strives hard in driving his vision into reality

Job security - Excellent

+4 more

Dislikes

Pay and compensation is not at par with the market. Also few or no learning or knowledge enhancement avenues are available

Project Manager in Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

Provides good salary Work timings is not strictly followed

Salary - Excellent

+3 more

Dislikes

A very hectic culture of getting things done in shortest amount of time HR doesn't have any power of its own due to which managers easily exploit their employees No work life balance. Leaving on time is considered a sin here

Work satisfaction - Poor

+1 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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a product manager - digital payments

What does a business consultant do?

Hi I am in discussion with an IT services firm for the role of business consulting. Currently I am a Product Manager - Digital payments in a bank. Need your help to understand if this would be a right switch for me from banking to consulting? What does a day of a consultant look like?

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IDFC FIRST Bank Product Manager Salary FAQs

What is the salary of Product Manager at IDFC FIRST Bank Mumbai?

Product Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹8.5 Lakhs to ₹30.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 6% less than the average Product Manager Salary in India. Salary estimates are based on 375 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

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

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

What are the top skills required to work as a Product Manager at IDFC FIRST Bank?

Banking, Monitoring, Retail Banking, Product Management and Penetration are some of the popular skills required to work as a Product Manager at IDFC FIRST Bank Mumbai.

Which similar companies are paying more than IDFC FIRST Bank to a Product Manager in Mumbai?

Standard Chartered Product Manager Salary - ₹13.0 Lakhs to ₹45.0 Lakhs per year
IDBI Bank Product Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year

What is the salary of a Product Manager in companies similar to IDFC FIRST Bank in Mumbai?

IndusInd Bank Product Manager Salary - ₹8.0 Lakhs to ₹28.9 Lakhs per year
Yes Bank Product Manager Salary - ₹8.6 Lakhs to ₹28.0 Lakhs per year
ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Ujjivan Small Finance Bank Product Manager Salary - ₹10.5 Lakhs to ₹29.0 Lakhs per year
Federal Bank Product Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year

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

The estimated take-home salary of a Product Manager at IDFC FIRST Bank ranges between ₹1,27,821 per month to ₹1,32,119 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Product Manager salary in India which ranges between ₹8.5 Lakhs to ₹30.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at IDFC FIRST Bank in Mumbai?

According to AmbitionBox, 66% of the IDFC FIRST Bank Product Managers in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 193 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Product Manager Salaries in Mumbai

IDFC FIRST Bank Product Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 375 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Product Manager salaries in Mumbai

Companies similar to IDFC FIRST Bank for Product Manager in Mumbai

Latest annual salaries shared by IDFC FIRST Bank Product Manager in Mumbai

Experience wise IDFC FIRST Bank Product Manager salaries in Mumbai

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Product Manager

Salary related reviews for IDFC FIRST Bank

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IDFC FIRST Bank Product Manager Salary FAQs

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