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IDFC FIRST Bank Product Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 6 years exp.
₹8.5 Lakhs - ₹31 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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5% less than the average Product Manager Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Product Management
Product Manager Salary
0 - 6 years exp. (208 salaries)
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₹8.3 L/yr - ₹30 L/yr

BFSI, Investments & Trading
Product Manager Salary
0 - 5 years exp. (17 salaries)
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₹12 L/yr - ₹24.6 L/yr

Marketing & Communication
Product Manager Salary
0 - 5 years exp. (9 salaries)
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₹11.7 L/yr - ₹25 L/yr

Last Updated: 4 Apr 2025

Companies similar to IDFC FIRST Bank for Product Manager in Mumbai

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IDFC FIRST Bank Product Manager Salary

0 - 6 years exp. (372 salaries)

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₹8.5 L/yr - ₹31 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Product Manager Salary

0 - 10 years exp. (2.1k salaries)

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₹7.5 L/yr - ₹27 L/yr

arrow icon 10% less
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HDFC Bank Product Manager Salary

0 - 14 years exp. (631 salaries)

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₹7 L/yr - ₹25.7 L/yr

arrow icon 21% less
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Axis Bank Product Manager Salary

0 - 10 years exp. (443 salaries)

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₹7 L/yr - ₹28.7 L/yr

arrow icon 14% less
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Kotak Mahindra Bank Product Manager Salary

0 - 12 years exp. (429 salaries)

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₹6.9 L/yr - ₹24 L/yr

arrow icon 25% less
1 job opening
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Yes Bank Product Manager Salary

0 - 10 years exp. (190 salaries)

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₹8.8 L/yr - ₹28 L/yr

arrow icon 3% less
1 job opening
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RBL Bank Product Manager Salary

1 - 12 years exp. (74 salaries)

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₹6.5 L/yr - ₹20.8 L/yr

arrow icon 36% less
2 job openings
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IndusInd Bank Product Manager Salary

0 - 8 years exp. (40 salaries)

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₹8 L/yr - ₹26.9 L/yr

arrow icon 9% less
2 job openings
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Standard Chartered Product Manager Salary

4 - 12 years exp. (17 salaries)

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₹13 L/yr - ₹45 L/yr

arrow icon 49% more
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Federal Bank Product Manager Salary

1 - 9 years exp. (10 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 13% less
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Shinhan Bank Product Manager Salary

5 - 14 years exp. (6 salaries)

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₹11 L/yr - ₹12.5 L/yr

arrow icon 40% less
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IDBI Bank Product Manager Salary

8 - 13 years exp. (4 salaries)

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₹16 L/yr - ₹28 L/yr

arrow icon 7% more
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₹10.5 L/yr - ₹29 L/yr

arrow icon 1% less
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₹5.5 L/yr - ₹17 L/yr

arrow icon 32% less
Product Manager salary at IDFC FIRST Bank ranges between ₹8.5 Lakhs to ₹31 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 372 latest salaries received from various employees of IDFC FIRST Bank.

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

4d ago
₹20.7 Lakhs
4 years exp.
4d ago
₹31 Lakhs
4 years exp.
6d ago
₹20 Lakhs
1 year exp.
1w ago
₹31 Lakhs
4 years exp.
1w ago
₹30 Lakhs
4 years exp.
1w ago
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4 years exp.
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3 years exp.
1w ago
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6 months exp.
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5 years exp.
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2 years exp.

Experience wise IDFC FIRST Bank Product Manager salaries in Mumbai

Last Updated: 4 Apr 2025

Experience Avg Annual Salary
Fresher  (27 salaries)

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₹9.2 L/yr - ₹22 L/yr
1 year  (68 salaries)

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₹8 L/yr - ₹25 L/yr
2 years  (92 salaries)

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₹8.6 L/yr - ₹28 L/yr
3 years  (76 salaries)

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₹8.1 L/yr - ₹30 L/yr
4 years  (54 salaries)

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₹9 L/yr - ₹31 L/yr
View all
IDFC FIRST Bank Product Manager Salary and Career Growth

From

To

Product Manager

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0 - 6 years exp.

Senior Product Manager

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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
(603 salaries)
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₹3 L/yr - ₹9.5 L/yr
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₹10.25 L/yr - ₹38 L/yr
Project Manager Salary
(56 salaries)
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₹7 L/yr - ₹25.65 L/yr
Product Owner Salary
(21 salaries)
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₹10 L/yr - ₹24.7 L/yr
Product Lead Salary
(19 salaries)
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₹21.6 L/yr - ₹41.6 L/yr
Program Manager Salary
(16 salaries)
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₹9.05 L/yr - ₹24 L/yr
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₹12 L/yr - ₹20 L/yr
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₹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 Product Management Management Retail Business Loan

Salary related reviews for IDFC FIRST Bank

3.5

Rated by 33 employees for salary & benefits

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.

read more
  • Skill development - Bad
  • +4 more

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

read more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

read more
  • Salary - Bad
  • +6 more

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

read more
  • Work satisfaction - Poor
  • +1 more

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.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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IDFC FIRST Bank Product Manager Salary FAQs

What is the salary of Product Manager at IDFC FIRST Bank in Mumbai?
The average salary of a Product Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹8.5 Lakhs to ₹31.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Product Manager in Mumbai at IDFC FIRST Bank earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Product Manager Salaries at IDFC FIRST 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 300+ IDFC FIRST Bank employees in India.
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 in Mumbai typically ranges from ₹1,28,385 to ₹1,32,758 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹31.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 300+ salaries received from various employees of IDFC FIRST 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 IDFC FIRST Bank in Mumbai?
To be a Product Manager at IDFC FIRST Bank in Mumbai, the key skills required include:

  • - Banking
  • - Monitoring
  • - Retail Banking
  • - Product Management
  • - Penetration

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IDFC FIRST Bank for Product Manager in India?
Standard Chartered ₹13.0 Lakhs to ₹45.0 Lakhs per year
IDBI Bank ₹16.0 Lakhs to ₹28.0 Lakhs per year

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

Ujjivan Small Finance Bank ₹10.5 Lakhs to ₹29.0 Lakhs per year
Yes Bank ₹8.8 Lakhs to ₹28.0 Lakhs per year
IndusInd Bank ₹8.0 Lakhs to ₹26.9 Lakhs per year
ICICI Bank ₹7.5 Lakhs to ₹27.0 Lakhs per year
Federal Bank ₹12.0 Lakhs to ₹17.0 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 IDFC FIRST Bank in Mumbai?
The salary growth for a Product Manager at IDFC FIRST Bank 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 IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹9.2 Lakhs to ₹22.0 Lakhs per year
1 year ₹8.0 Lakhs to ₹25.0 Lakhs per year
2 years ₹8.6 Lakhs to ₹28.0 Lakhs per year
3 years ₹8.1 Lakhs to ₹30.0 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Product Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹31 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 372 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.