IIFL Finance Mumbai Senior Product Manager Salaries by 4 Employees (Updated 2024)

3 - 5 years exp.

₹17 Lakhs - ₹32 Lakhs

Salary of majority employees

24% less than the average Senior Product Manager Salary in NBFC Companies for 3 - 5 years of experience

Interested in this particular role? 1 job opening

Last Updated: 1 Apr 2024

Companies similar to IIFL Finance for Senior Product Manager in Mumbai

IIFL Finance Senior Product Manager Salary

3 - 5 years exp. (4 salaries)

₹17 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Product Manager Salary 4 - 12 years exp. (113 salaries)	₹10.3 L/yr - ₹35 L/yr 11% less
Kotak Mahindra Bank Senior Product Manager Salary 1 - 11 years exp. (135 salaries)	₹9 L/yr - ₹28 L/yr 22% less
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ICICI Bank Senior Product Manager Salary 2 - 9 years exp. (312 salaries)	₹11 L/yr - ₹35 L/yr 1% less
Axis Bank Senior Product Manager Salary 2 - 9 years exp. (137 salaries)	₹10.1 L/yr - ₹32 L/yr 12% less
ICICI Securities Senior Product Manager Salary 1 - 5 years exp. (32 salaries)	₹11.4 L/yr - ₹25 L/yr 28% less
L&T Finance Senior Product Manager Salary 1 - 10 years exp. (31 salaries)	₹8 L/yr - ₹33.6 L/yr 18% less
Tata Capital Senior Product Manager Salary 2 - 10 years exp. (19 salaries)	₹13 L/yr - ₹28.3 L/yr 16% less
Kotak Securities Senior Product Manager Salary 2 - 10 years exp. (14 salaries)	₹13 L/yr - ₹24 L/yr 23% less
SMFG India Credit Senior Product Manager Salary 3 - 12 years exp. (10 salaries)	₹9.8 L/yr - ₹32 L/yr At par
Motilal Oswal Financial Services Senior Product Manager Salary 5 - 15 years exp. (6 salaries)	₹12.5 L/yr - ₹30.1 L/yr 1% more
Mahindra Finance Senior Product Manager Salary 4 - 9 years exp. (5 salaries)	₹17.1 L/yr - ₹23 L/yr 24% less
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Edelweiss Senior Product Manager Salary 4 - 10 years exp. (4 salaries)	₹8.9 L/yr - ₹28 L/yr 24% less
Piramal Capital Housing Finance Senior Product Manager Salary 4 - 6 years exp. (4 salaries)	₹28.6 L/yr - ₹45 L/yr 72% more
IDFC FIRST Bharat Senior Product Manager Salary 3 - 5 years exp. (4 salaries)	₹10 L/yr - ₹15 L/yr 50% less
Aditya Birla Finance Senior Product Manager Salary 5 - 11 years exp. (3 salaries)	₹31 L/yr - ₹33 L/yr 36% more
Annapurna Finance Senior Product Manager Salary 2 - 5 years exp. (3 salaries)	₹8.9 L/yr - ₹12 L/yr 59% less

Senior Product Manager salary at IIFL Finance ranges between ₹17 Lakhs to ₹32 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Senior Product Manager salaries in Mumbai

Last Updated: 1 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹18 L/yr
4 years (AmbitionBox Estimate)	₹17 L/yr - ₹36.9 L/yr
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5 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹42.1 L/yr

Similar Designation salaries in IIFL Finance

Product Manager Salary

(29 salaries)

₹7.5 L/yr - ₹24.5 L/yr

Project Manager Salary

(7 salaries)

₹5.55 L/yr - ₹15 L/yr

Assistant Product Manager Salary

(7 salaries)

₹5 L/yr - ₹17 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

Associate Product Manager Salary

(3 salaries)

₹4 L/yr - ₹8 L/yr

Salary related reviews for IIFL Finance

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.

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

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.

Dislikes

Coworkers not support

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.

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.

Cluster Head in Bhopal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 Nov 2024

4.0

for Salary and Benefits

Likes

Thats a good place where you actually feel like doing service not a servant. From logical goals to compensation and office timing, all very good. (Writing basis my tenure with IIFL till Mar 2020)

Dislikes

A bit uncertainty in policy, one at top level can change policy immediately without any proper communication.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IIFL Finance Senior Product Manager Salary FAQs

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

Senior Product Manager salary at IIFL Finance in Mumbai ranges between ₹17.0 Lakhs to ₹32.0 Lakhs for experience between 3 years to 5 years. According to our estimates it is 24% less than the average Senior Product Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance Mumbai.

How does the salary of a Senior Product Manager at IIFL Finance Mumbai compare with the average salary range for this job?

The average salary of a Senior Product Manager at IIFL Finance is 24% less than the average salary of a Senior Product Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Finance to a Senior Product Manager in Mumbai?

Piramal Capital Housing Finance Senior Product Manager Salary - ₹28.6 Lakhs to ₹45.0 Lakhs per year
Aditya Birla Finance Senior Product Manager Salary - ₹31.0 Lakhs to ₹33.0 Lakhs per year
Motilal Oswal Financial Services Senior Product Manager Salary - ₹12.5 Lakhs to ₹30.1 Lakhs per year

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

SMFG India Credit Senior Product Manager Salary - ₹9.8 Lakhs to ₹32.0 Lakhs per year
ICICI Bank Senior Product Manager Salary - ₹11.0 Lakhs to ₹35.0 Lakhs per year
HDFC Bank Senior Product Manager Salary - ₹10.3 Lakhs to ₹35.0 Lakhs per year
Axis Bank Senior Product Manager Salary - ₹10.1 Lakhs to ₹32.0 Lakhs per year
Tata Capital Senior Product Manager Salary - ₹13.0 Lakhs to ₹28.3 Lakhs per year

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

The estimated take-home salary of a Senior Product Manager at IIFL Finance ranges between ₹1,50,766 per month to ₹1,56,446 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Senior Product Manager salary in India which ranges between ₹17.0 Lakhs to ₹32.0 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Senior Product Manager at IIFL Finance in Mumbai?

According to AmbitionBox, 67% of the IIFL Finance Senior Product Managers in Mumbai reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IIFL Finance Senior Product Manager Salaries in Mumbai

IIFL Finance Senior Product Manager salary in Mumbai ranges between ₹17 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.