IIFL Finance Mumbai Senior Product Manager Salaries by 4 Employees (Updated 2025)

3 - 5 years exp.

₹17 Lakhs - ₹32 Lakhs

Salary of majority employees

25% less than the average Senior Product Manager Salary in NBFC Companies for 3 - 5 years of experience

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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 5 - 12 years exp. (100 salaries)	₹10.3 L/yr - ₹35 L/yr 7% less
Kotak Mahindra Bank Senior Product Manager Salary 1 - 10 years exp. (127 salaries)	₹9 L/yr - ₹28 L/yr 20% less
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ICICI Bank Senior Product Manager Salary 2 - 10 years exp. (317 salaries)	₹10 L/yr - ₹35 L/yr 1% more
Axis Bank Senior Product Manager Salary 2 - 9 years exp. (135 salaries)	₹10.1 L/yr - ₹32 L/yr 12% less
L&T Finance Senior Product Manager Salary 1 - 13 years exp. (37 salaries)	₹8 L/yr - ₹28 L/yr 15% less
ICICI Securities Senior Product Manager Salary 1 - 9 years exp. (33 salaries)	₹10 L/yr - ₹25 L/yr 32% less
Tata Capital Senior Product Manager Salary 2 - 10 years exp. (20 salaries)	₹13 L/yr - ₹28.3 L/yr 16% less
Kotak Securities Senior Product Manager Salary 2 - 10 years exp. (15 salaries)	₹13 L/yr - ₹27 L/yr 19% less
SMFG India Credit Senior Product Manager Salary 3 - 12 years exp. (10 salaries)	₹9.8 L/yr - ₹32 L/yr 13% less
Motilal Oswal Financial Services Senior Product Manager Salary 7 - 15 years exp. (7 salaries)	₹12.5 L/yr - ₹30.1 L/yr 8% less
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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Shriram Finance Senior Product Manager Salary 3 - 9 years exp. (5 salaries)	₹12.5 L/yr - ₹14.4 L/yr 43% less
Piramal Capital Housing Finance Senior Product Manager Salary 4 - 6 years exp. (5 salaries)	₹16.9 L/yr - ₹36.6 L/yr 55% more
Edelweiss Senior Product Manager Salary 4 - 10 years exp. (4 salaries)	₹8.9 L/yr - ₹28 L/yr 24% less
Aditya Birla Finance Senior Product Manager Salary 5 - 11 years exp. (4 salaries)	₹28.5 L/yr - ₹33 L/yr 32% more
Annapurna Finance Senior Product Manager Salary 2 - 6 years exp. (4 salaries)	₹8.9 L/yr - ₹15.7 L/yr 39% less
Axis Direct Senior Product Manager Salary 7 - 9 years exp. (3 salaries)	₹13.3 L/yr - ₹17 L/yr 38% 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

(28 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.

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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an internal auditor

Offer related guidance

Hi there, I need a little clarity. I am currently working as a Manager in an NBFC from the past 2.5 yrs. My current CTC is 7.7 Lpa fixed. I've an offer in hand with a CTC of 9.7 LPA but with a designation lower than manager i.e. DM. What is your take on it? Should I accept the offer? Is it a fair pay?

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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 25% 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 25% 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 - ₹16.9 Lakhs to ₹36.6 Lakhs per year
Aditya Birla Finance Senior Product Manager Salary - ₹28.5 Lakhs to ₹33.0 Lakhs per year
ICICI Bank Senior Product Manager Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year

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

HDFC Bank Senior Product Manager Salary - ₹10.3 Lakhs to ₹35.0 Lakhs per year
Motilal Oswal Financial Services Senior Product Manager Salary - ₹12.5 Lakhs to ₹30.1 Lakhs per year
Axis Bank Senior Product Manager Salary - ₹10.1 Lakhs to ₹32.0 Lakhs per year
SMFG India Credit Senior Product Manager Salary - ₹9.8 Lakhs to ₹32.0 Lakhs per year
L&T Finance Senior Product Manager Salary - ₹8.0 Lakhs to ₹28.0 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.