IndusInd Bank Product Manager Salaries by 100+ Employees (Updated 2025)

0 - 8 years exp.

₹8 Lakhs - ₹35 Lakhs

Salary of majority employees

10% less than the average Product Manager Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Product Management Product Manager Salary 0 - 8 years exp. (77 salaries)	₹7.2 L/yr - ₹29.4 L/yr
Marketing & Communication Product Manager Salary 3 - 8 years exp. (7 salaries)	₹23.5 L/yr - ₹29.7 L/yr
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BFSI, Investments & Trading Product Manager Salary 1 - 8 years exp. (6 salaries)	₹10.5 L/yr - ₹34.1 L/yr

Last Updated: 15 Mar 2025

Companies similar to IndusInd Bank for Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 14 years exp. (766 salaries)	₹7 L/yr - ₹25 L/yr 23% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (3.1k salaries)	₹7.4 L/yr - ₹27.1 L/yr 11% less
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Axis Bank Product Manager Salary 0 - 10 years exp. (568 salaries)	₹8 L/yr - ₹25.9 L/yr 14% less
Kotak Mahindra Bank Product Manager Salary 0 - 12 years exp. (601 salaries)	₹6.1 L/yr - ₹24.8 L/yr 27% less	1 job opening
Yes Bank Product Manager Salary 0 - 10 years exp. (216 salaries)	₹8.7 L/yr - ₹28.5 L/yr 6% less	2 job openings
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (524 salaries)	₹8.6 L/yr - ₹30 L/yr 2% less
RBL Bank Product Manager Salary 1 - 12 years exp. (167 salaries)	₹6.5 L/yr - ₹23 L/yr 30% less	2 job openings
Standard Chartered Product Manager Salary 4 - 13 years exp. (46 salaries)	₹12.4 L/yr - ₹46.5 L/yr 55% more
HSBC Group Product Manager Salary 2 - 14 years exp. (41 salaries)	₹12 L/yr - ₹45 L/yr 34% more
AU Small Finance Bank Product Manager Salary 0 - 7 years exp. (219 salaries)	₹6.4 L/yr - ₹25 L/yr 25% less	1 job opening
Ujjivan Small Finance Bank Product Manager Salary 2 - 8 years exp. (82 salaries)	₹7 L/yr - ₹25 L/yr 19% less
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DCB Bank Product Manager Salary 2 - 11 years exp. (58 salaries)	₹5.8 L/yr - ₹21.8 L/yr 34% less
Bandhan Bank Product Manager Salary 1 - 13 years exp. (38 salaries)	₹5 L/yr - ₹20 L/yr 38% less
Equitas Small Finance Bank Product Manager Salary 0 - 15 years exp. (25 salaries)	₹5 L/yr - ₹14.7 L/yr 38% less	1 job opening
Jana Small Finance Bank Product Manager Salary 1 - 5 years exp. (23 salaries)	₹7 L/yr - ₹19 L/yr 30% less
Federal Bank Product Manager Salary 1 - 9 years exp. (22 salaries)	₹12 L/yr - ₹22 L/yr 15% less
Barclays Product Manager Salary 5 - 16 years exp. (16 salaries)	₹25 L/yr - ₹38 L/yr 67% more
Deutsche Bank Product Manager Salary 14 - 22 years exp. (15 salaries)	₹24 L/yr - ₹57 L/yr 86% more
NatWest Group Product Manager Salary 5 - 14 years exp. (15 salaries)	₹16.9 L/yr - ₹40 L/yr 26% more
Bank of America Product Manager Salary 7 - 15 years exp. (9 salaries)	₹13 L/yr - ₹31.9 L/yr 17% more

View all

Product Manager salary at IndusInd Bank ranges between ₹8 Lakhs to ₹35 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 127 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Product Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹12.5 L/yr - ₹23 L/yr
1 year (10 salaries)	₹9.5 L/yr - ₹24 L/yr
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2 years (9 salaries)	₹7.4 L/yr - ₹28 L/yr
3 years (16 salaries)	₹8 L/yr - ₹28 L/yr
4 years (21 salaries)	₹8 L/yr - ₹29.7 L/yr
5 years (28 salaries)	₹8.8 L/yr - ₹30.2 L/yr
6 years (22 salaries)	₹9.5 L/yr - ₹34.3 L/yr
7 years (8 salaries)	₹8.7 L/yr - ₹34.1 L/yr
8 years (8 salaries)	₹8.9 L/yr - ₹38.8 L/yr

View all

Similar Designation salaries in IndusInd Bank

Project Manager Salary

(78 salaries)

₹9 L/yr - ₹37.83 L/yr

Production Manager Salary

(11 salaries)

₹16.09 L/yr - ₹28.13 L/yr

Product Owner Salary

(3 salaries)

₹16 L/yr - ₹33 L/yr

Program Manager Salary

(42 salaries)

₹7.44 L/yr - ₹32 L/yr

Lead Product Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Product Lead Salary

(6 salaries)

₹35 L/yr - ₹42 L/yr

Deputy Manager Salary

(3.6k salaries)

₹1.7 L/yr - ₹8.5 L/yr

Senior Product Manager Salary

(18 salaries)

₹18.3 L/yr - ₹49 L/yr

Digital Product Manager Salary

(AmbitionBox Estimate)

₹20.3 L/yr - ₹25.9 L/yr

Senior Project Manager Salary

(4 salaries)

₹16 L/yr - ₹45 L/yr

Top skills at IndusInd Bank for Product Manager

Product Management Marketing Product Management Banking Digital Marketing Card Payments Use Cases Campaigns Partnerships New Product Development Solution Delivery Marketing Process Design UAT Current Account

Salary related reviews for IndusInd Bank

2.7

Rated by 11 employees for salary & benefits

Deputy Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Jan 2025

5.0

for Salary and Benefits

Likes

On time salary

Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

Skill development - Bad

+5 more

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Salary - Poor

+3 more

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

Skill development - Poor

+4 more

Deputy Manager in Sapror

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Jan 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

No support from subordinate Too much sales pressure Slow system issue Too many layers for talking to high authority No celebration any festival In jfm months satuday holiday they will invite for , complete the targets.

Salary - Poor

+4 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IndusInd Bank Product Manager Salary FAQs

What is the salary of Product Manager at IndusInd Bank ?

The average salary of a Product Manager at IndusInd Bank in India typically ranges from ₹8.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Product Manager at IndusInd Bank earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹39.7 Lakhs per year. Product Manager Salaries at IndusInd Bank 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 100+ IndusInd Bank employees in India.

What is the estimated take home salary of a Product Manager at IndusInd Bank in India?

The estimated take-home salary of a Product Manager at IndusInd Bank in India typically ranges from ₹1,29,525 to ₹1,34,049 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 100+ salaries received from various employees of IndusInd Bank. 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 IndusInd Bank ?

To be a Product Manager at IndusInd Bank in india, the key skills required include:

- Product Management
- Marketing
- Product Management
- Banking
- Digital Marketing

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

Which companies offer higher salaries than IndusInd Bank for Product Manager in India?

Deutsche Bank	₹24.0 Lakhs to ₹57.0 Lakhs per year
Barclays	₹25.0 Lakhs to ₹38.0 Lakhs per year
Standard Chartered	₹12.4 Lakhs to ₹46.5 Lakhs per year
HSBC Group	₹12.0 Lakhs to ₹45.0 Lakhs per year
NatWest Markets	₹19.0 Lakhs to ₹38.4 Lakhs per year

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

What is the salary of a Product Manager in companies similar to IndusInd Bank in India?

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

NatWest Group	₹16.9 Lakhs to ₹40.0 Lakhs per year
Bank of America	₹13.0 Lakhs to ₹31.9 Lakhs per year
IDBI Bank	₹11.0 Lakhs to ₹28.0 Lakhs per year
HSBC Global Banking and Markets	₹17.5 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank	₹8.6 Lakhs to ₹30.0 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 IndusInd Bank in India?

The salary growth for a Product Manager at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
Fresher	₹12.5 Lakhs to ₹23.0 Lakhs per year
1 year	₹9.5 Lakhs to ₹24.0 Lakhs per year
2 years	₹7.4 Lakhs to ₹28.0 Lakhs per year
3 years	₹8.0 Lakhs to ₹28.0 Lakhs per year

and so on.

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IndusInd Bank Product Manager Salaries

IndusInd Bank Product Manager salary in India ranges between ₹8 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 127 IndusInd Bank latest salaries received from various employees of IndusInd Bank.