Idfy Mumbai Product Manager Salaries by 9 Employees (Updated 2025)

2 - 7 years exp.

₹15.7 Lakhs - ₹25 Lakhs

Salary of majority employees

Fixed (91%)

₹20 Lakhs

Variable (9%)

₹2.0 Lakhs

8% more than the average Product Manager Salary in Software Product Companies for 2 - 7 years of experience

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Salaries in different departments

Product Management Product Manager Salary 3 - 7 years exp. (7 salaries)	₹15.7 L/yr - ₹25 L/yr
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Project & Program Management Product Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹19.3 L/yr - ₹23 L/yr

Last Updated: 10 Feb 2025

Companies similar to Idfy for Product Manager in Mumbai

Idfy Product Manager Salary

2 - 7 years exp. (9 salaries)

₹15.7 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
National Securities Depository Product Manager Salary 2 - 10 years exp. (8 salaries)	₹6 L/yr - ₹17 L/yr 49% less
Kotak Securities Product Manager Salary 2 - 6 years exp. (23 salaries)	₹13.2 L/yr - ₹23 L/yr 38% less
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ICICI Securities Product Manager Salary 2 - 7 years exp. (47 salaries)	₹7.3 L/yr - ₹26 L/yr 24% less
HDFC Securities Product Manager Salary 1 - 8 years exp. (17 salaries)	₹5.1 L/yr - ₹19.4 L/yr 47% less
Reliance Securities Product Manager Salary 9 - 18 years exp. (5 salaries)	₹10 L/yr - ₹15.7 L/yr 42% less

Product Manager salary at Idfy ranges between ₹15.7 Lakhs to ₹25 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Idfy.

Experience wise Idfy Product Manager salaries in Mumbai

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹23 L/yr
3 years (3 salaries)	₹15.7 L/yr - ₹23 L/yr
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4 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
5 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹24 L/yr
6 years (AmbitionBox Estimate)	₹22.3 L/yr - ₹25 L/yr
7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹24 L/yr

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Similar Designation salaries in Idfy

Associate Product Manager Salary

(18 salaries)

₹10 L/yr - ₹15 L/yr

Project Manager Salary

(3 salaries)

₹7.7 L/yr - ₹20 L/yr

Top skills at Idfy for Product Manager

Management Usage Data Analytics Product Management Architecture Regulatory Compliance Front End Technical Architecture Analytics Product Strategy Product Strategy Product Management

Salary related reviews for Idfy

4.7

Rated by 3 employees for salary & benefits

Associate in Mumbai

Customer Success, Service & Operations Department

1.0

• posted on 08 Aug 2019

1.0

for Salary and Benefits

Likes

no dress code thats the only best thing

Dislikes

to be very honest, everything about this company is terrible. There is one manager who will use only offensive language and will make you sit 12-13 hours with low salary. the management is worse. and even the managers

Salary - Bad

+6 more

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing to tell. All worst

Dislikes

Bad management , bad culture, worst manager. you have to work even after leaving from office at 8 pm. Its not 9 to 5 job, its 9 to 9 job :(. Their HR keep posting good reviews in ambition box and glassdoor. Force their employee to watch their faltu k gushup videos of linkedlin and tell to follow on instagram. Regret working here.

Salary - Bad

+6 more

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Jul 2024

2.0

for Salary and Benefits

Dislikes

People expect you to be there at 9:30 but will also see if you are staying up late to get things done(which are mostly last minute changes) resulting in horrible work life balance. No innovation or focus on engineering excellence. Managers only want to get things done and deliver. They sell first and build later ... no focus on product lifecycle.

Salary - Poor

+5 more

Software Engineer in Mumbai Suburban

Full Time

Engineering - Software & QA Department

2.0

• posted on 25 Jul 2023

3.0

for Salary and Benefits

Likes

Can learn good skills in few teams. Great exposure. Party culture.

Skill development - Good

Dislikes

Toxic work culture. Unrealistic deadlines. Manager and team members keep intruding into personal life. Crab mentality. Expected to work all day and during weekends too. It's a failing company trying very hard to stay afloat. The leadership at the company do things to make sure the employees don't have a social circle beyond office colleagues to make it extremely hard for people to leave the company.

Job security - Poor

+3 more

Finance Executive in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 30 Oct 2024

1.0

for Salary and Benefits

Likes

Some of the colleagues are supportive but don't speak up against wrong.

Dislikes

Everything!! There is so much of politics and micromanagement here. The managers try to force themselves in your personal life till you don't have one. They hire you based on your hobbies and talents and ruin them for you. They also try to please their favourites by insulting and overburdening you with work. Almost all team's managers make you do overtime everyday including weekends. Good luck to your work life balance and health!

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

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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Idfy Product Manager Salary FAQs

What is the salary of Product Manager at Idfy in Mumbai?

The average salary of a Product Manager at Idfy in Mumbai typically ranges from ₹15.7 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Product Manager in Mumbai at Idfy earn more than ₹24.6 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Product Manager Salaries at Idfy 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 9 Idfy employees in India.

What is the estimated take home salary of a Product Manager at Idfy in Mumbai?

The estimated take-home salary of a Product Manager at Idfy in Mumbai typically ranges from ₹1,42,658 to ₹1,47,972 per month. This is based on the average salary range of ₹15.7 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 9 salaries received from various employees of Idfy. 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 Idfy in Mumbai?

To be a Product Manager at Idfy in Mumbai, the key skills required include:

- Management
- Usage
- Data Analytics
- Product Management
- Architecture

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

What is the salary of a Product Manager in companies similar to Idfy in Mumbai?

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

ICICI Securities	₹7.3 Lakhs to ₹26.0 Lakhs per year
Kotak Securities	₹13.2 Lakhs to ₹23.0 Lakhs per year
Reliance Securities	₹10.0 Lakhs to ₹15.7 Lakhs per year
HDFC Securities	₹5.1 Lakhs to ₹19.4 Lakhs per year
National Securities Depository	₹6.0 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 Idfy in Mumbai?

The salary growth for a Product Manager at Idfy 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 Idfy:

Experience	Average Salary Range
2 years	₹7.6 Lakhs to ₹23.0 Lakhs per year
3 years	₹15.7 Lakhs to ₹23.0 Lakhs per year
4 years	₹18.7 Lakhs to ₹23.9 Lakhs per year
5 years	₹20.5 Lakhs to ₹24.0 Lakhs per year

and so on.

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Idfy Product Manager Salaries in Mumbai

Idfy Product Manager salary in Mumbai ranges between ₹15.7 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Idfy latest salaries received from various employees of Idfy.