IIFL Finance Mumbai Product Manager Salaries by 20+ Employees

0 - 5 years exp.

₹7.5 Lakhs - ₹24.5 Lakhs

Salary of majority employees

23% less than the average Product Manager Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Product Management Product Manager Salary 0 - 5 years exp. (19 salaries)	₹7.5 L/yr - ₹24.5 L/yr
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Strategic & Top Management Product Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹18 L/yr

Last Updated: 9 Oct 2024

Companies similar to IIFL Finance for Product Manager in Mumbai

IIFL Finance Product Manager Salary

0 - 5 years exp. (27 salaries)

₹7.5 L/yr - ₹24.5 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Product Manager Salary 0 - 7 years exp. (191 salaries)	₹5 L/yr - ₹18 L/yr 27% less
Tata Capital Product Manager Salary 0 - 3 years exp. (61 salaries)	₹7.3 L/yr - ₹22 L/yr 2% less	1 job opening
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Aditya Birla Finance Product Manager Salary 2 - 10 years exp. (48 salaries)	₹9 L/yr - ₹35.6 L/yr 29% more
Mahindra Finance Product Manager Salary 2 - 10 years exp. (15 salaries)	₹9.3 L/yr - ₹35.1 L/yr 32% more	1 job opening
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 6% more
Bajaj Finance Product Manager Salary 2 - 7 years exp. (10 salaries)	₹7.6 L/yr - ₹26.8 L/yr 5% more
Mahindra Rural Housing Finance Product Manager Salary 1 - 5 years exp. (5 salaries)	₹8 L/yr - ₹27.9 L/yr 2% more
HDB Financial Services Product Manager Salary 3 - 13 years exp. (5 salaries)	₹9.6 L/yr - ₹18.5 L/yr 11% less
Shriram Finance Product Manager Salary 8 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹11 L/yr 60% less	1 job opening
Piramal Capital Housing Finance Product Manager Salary 1 - 4 years exp. (4 salaries)	₹10 L/yr - ₹21.4 L/yr 25% more
Manappuram Finance Product Manager Salary 3 - 4 years exp. (3 salaries)	₹18.9 L/yr - ₹20 L/yr 23% more
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Product Manager salary at IIFL Finance ranges between ₹7.5 Lakhs to ₹24.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 27 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Product Manager salaries in Mumbai

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.7 L/yr - ₹27.3 L/yr
1 year (8 salaries)	₹7.5 L/yr - ₹16.1 L/yr
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2 years (6 salaries)	₹13.3 L/yr - ₹20 L/yr
3 years (6 salaries)	₹8 L/yr - ₹22 L/yr
4 years (4 salaries)	₹6.4 L/yr - ₹24.5 L/yr
5 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹29 L/yr

View all

Similar Designation salaries in IIFL Finance

Deputy Manager Salary

(54 salaries)

₹3.5 L/yr - ₹10 L/yr

Project Manager Salary

(7 salaries)

₹5.55 L/yr - ₹15 L/yr

Senior Product Manager Salary

(5 salaries)

₹12 L/yr - ₹33.55 L/yr

Senior Project Manager Salary

(3 salaries)

₹15 L/yr - ₹18.5 L/yr

Production Manager Salary

(3 salaries)

₹8 L/yr - ₹25.6 L/yr

Top skills at IIFL Finance for Product Manager

Product Management Web Technologies Product Development Brd Product User Experience Sales Customer Experience Mutual Funds Reporting Rollout Business operations Assurance Technical Support B2B

Salary related reviews for IIFL Finance

4.0

Rated by 1 employees for salary & benefits

Product Manager in Mumbai

Full Time

Product Management Department

4.0

• posted on 20 Mar 2022

4.0

for Salary and Benefits

Likes

...ent at Corporate office. Focus on taking responsibility and getting things done. Good salary & increments vis-a-vis competitors.

Salary - Good

+2 more

Dislikes

Lacks team culture. Poor training by L&D Team. Teams are always under-staffed. Company/Department-level Recognition & appreciation is visibly zero for the Corporate level (exists in Sales team only).

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Deputy Manager in Koppal

Finance & Accounting Department

5.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

Good work environment the management support transperent. There is a huge cafeteria and arcade for chilling company policies are good, Appraisal are fair and they give good salary hike and bonus every year.

Promotions - Excellent

+3 more

Dislikes

Coworkers not support

Skill development - Poor

Senior Business Analyst in Gwalior

Data Science & Analytics Department

5.0

• posted on 24 Oct 2017

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base. I also like the employee rehire policy here.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 12-15 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals.

Assistant Branch Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

Nothing good about this company

Dislikes

Staffs are mostly undergraduate so can't expect good operations in branch they don't pay TA and other expenses they expect us to pay first then they gonna approve if they like or you gonna lose that money . Their targets are unbelievable for everyones b'day the branch is open from 8am to 8pm. And theirs much more ...mostly toxic people .. the don't care much about staff and customers they care about profits

Salary - Poor

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IIFL Finance Product Manager Salary FAQs

What is the salary of Product Manager at IIFL Finance in Mumbai?

The average salary of a Product Manager at IIFL Finance in Mumbai typically ranges from ₹7.5 Lakhs to ₹24.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Product Manager in Mumbai at IIFL Finance earn more than ₹21.6 Lakhs per year, and the top 1% earn over ₹24.5 Lakhs per year. Product Manager Salaries at IIFL Finance 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 20+ IIFL Finance employees in India.

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

The estimated take-home salary of a Product Manager at IIFL Finance in Mumbai typically ranges from ₹1,07,195 to ₹1,10,149 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹24.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 20+ salaries received from various employees of IIFL Finance. 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 IIFL Finance in Mumbai?

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

- Product Management
- Web Technologies
- Product Development
- Brd
- Product

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

Which companies offer higher salaries than IIFL Finance for Product Manager in India?

Mahindra Finance	₹9.3 Lakhs to ₹35.1 Lakhs per year
Aditya Birla Finance	₹9.0 Lakhs to ₹35.6 Lakhs per year
Piramal Capital Housing Finance	₹10.0 Lakhs to ₹21.4 Lakhs per year
Manappuram Finance	₹18.9 Lakhs to ₹20.0 Lakhs per year
SMFG India Credit	₹8.0 Lakhs to ₹25.0 Lakhs per year

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

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

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

Bajaj Finance	₹7.6 Lakhs to ₹26.8 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹27.9 Lakhs per year
Tata Capital	₹7.3 Lakhs to ₹22.0 Lakhs per year
HDB Financial Services	₹9.6 Lakhs to ₹18.5 Lakhs per year
L&T Finance	₹5.0 Lakhs to ₹18.0 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 IIFL Finance in Mumbai?

The salary growth for a Product Manager at IIFL Finance 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 IIFL Finance:

Experience	Average Salary Range
Fresher	₹8.7 Lakhs to ₹27.3 Lakhs per year
1 year	₹7.5 Lakhs to ₹16.1 Lakhs per year
2 years	₹13.3 Lakhs to ₹20.0 Lakhs per year
3 years	₹8.0 Lakhs to ₹22.0 Lakhs per year

and so on.

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IIFL Finance Product Manager Salaries in Mumbai

IIFL Finance Product Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 IIFL Finance latest salaries received from various employees of IIFL Finance.