India Post Payments Bank Product Manager Salaries by Employees (Updated 2025)

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₹17.8 Lakhs - ₹22.8 Lakhs

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Last Updated: 9 Mar 2023

Companies similar to India Post Payments Bank for Product Manager

Company name	Avg Annual Salary	Open Jobs
Paytm Payments Bank Product Manager Salary 2 - 6 years exp. (42 salaries)	₹15.5 L/yr - ₹41 L/yr 33% more
Airtel Payments Bank Product Manager Salary 0 - 6 years exp. (96 salaries)	₹9.3 L/yr - ₹31.7 L/yr 12% less
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Fino Payments Bank Product Manager Salary 1 - 6 years exp. (52 salaries)	₹7.5 L/yr - ₹21.8 L/yr 37% less
Jio Payments Bank Product Manager Salary 3 - 15 years exp. (4 salaries)	₹25.9 L/yr - ₹46 L/yr 65% more
NSDL Payments Bank Product Manager Salary 5 - 10 years exp. (5 salaries)	₹10 L/yr - ₹20 L/yr 22% less
Vodafone Idea Product Manager Salary 2 - 10 years exp. (68 salaries)	₹12.9 L/yr - ₹30 L/yr 15% more
PayU Payments Product Manager Salary 1 - 7 years exp. (56 salaries)	₹10.9 L/yr - ₹44.5 L/yr 33% more
Mobikwik Product Manager Salary 1 - 5 years exp. (16 salaries)	₹8.5 L/yr - ₹30 L/yr 6% less
State Bank of India Product Manager Salary 2 - 10 years exp. (20 salaries)	₹11 L/yr - ₹32 L/yr 12% more
Oaknorth Bank Product Manager Salary 7 - 12 years exp. (8 salaries)	₹22 L/yr - ₹48 L/yr 76% more
IDBI Bank Product Manager Salary 6 - 13 years exp. (6 salaries)	₹11 L/yr - ₹28 L/yr 1% less
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Shinhan Bank Product Manager Salary 5 - 14 years exp. (6 salaries)	₹11 L/yr - ₹12.5 L/yr 42% less
Canara Bank Product Manager Salary 8 - 13 years exp. (5 salaries)	₹12 L/yr - ₹29 L/yr 3% less
Bank Muscat Product Manager Salary 2 - 13 years exp. (5 salaries)	₹9 L/yr - ₹35 L/yr 3% more
MBB LABS Product Manager Salary 3 - 25 years exp. (5 salaries)	₹21 L/yr - ₹60 L/yr 98% more
Royal Bank of Scotland International Product Manager Salary 5 - 12 years exp. (4 salaries)	₹10.3 L/yr - ₹31 L/yr 23% more

Product Manager salary at India Post Payments Bank ranges between ₹17.8 Lakhs to ₹22.8 Lakhs per year for employees with 9 years of experience. Salary estimates are based on 1 latest salaries received from various employees of India Post Payments Bank.

Salary related reviews for India Post Payments Bank

Branch Head in West Bengal

Finance & Accounting Department

1.0

• posted on 12 May 2021

2.0

for Salary and Benefits

Likes

...nsfer phobia from top management among employees. No cordination from top heads. No revised salary of 11 bps and arrears. Sometimes situation comes for decreasing Salary .

Operations Manager

Full Time

Risk Management & Compliance Department

1.0

• posted on 20 Jul 2019

4.0

for Salary and Benefits

Likes

Apart from salary and a flashy designation not even a single thing is there to like!

Dislikes

No learning at all! Be prepared to lose and forget the skills that you have developed over the years,while working with other banks as you will not get to do banking at all!!!!! One has to everything else from arranging camps in jhuggis and slums to configuring phones to handling service issues raised by customers,as post office counters refuse to serve the customers! And yes last but not the least, be prepared to get bashed by DoP officials and insensitive IPPB Corporate Office team. Don’t ever think of joining this bank as your career would go nowhere once you join this bank! Pathetic and worst organisation that I have ever worked with!

Banking Officer in Akola

Full Time

Finance & Accounting Department

1.0

• posted on 31 Dec 2023

1.0

for Salary and Benefits

Likes

Worst experience from IPPB which collaborated with India post i.e. govt. Entity. Don't apply such organization which needs target and has pressure over head every time.

Dislikes

I don't like this organization. Banking sector in India are in poor condition regarding humanitarian basis. They don't serve people but targeting people to fulfill business target. Such hectic can't explain in words.

Senior Branch Operations Manager in Palakkad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 24 Oct 2023

5.0

for Salary and Benefits

Likes

1. Opportunity to work with Government start up. 2. Work experience with the largest network, Department of Posts 3. Ability to serve the under privileged, financially excluded.

Dislikes

1. Staff to access point parity.

Senior Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 22 Nov 2023

5.0

for Salary and Benefits

Likes

Pay is good.

Dislikes

Third-party product sales is running the bank's own products. Server issue with the banking platform. Most importantly the basis of IPPB was built on was with help of DOP but they themselves have now become non-cooperative. No mental peace at all.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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India Post Payments Bank Product Manager Salary FAQs

What is the notice period for Product Manager at India Post Payments Bank?

According to AmbitionBox, 100% of the India Post Payments Bank Product Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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India Post Payments Bank Product Manager Salaries

India Post Payments Bank Product Manager salary in India ranges between ₹17.8 Lakhs to ₹22.8 Lakhs. This is an estimate based on latest salaries received from employees of India Post Payments Bank.