Mahindra & Mahindra Pune Product Manager Salaries by 10+ Employees (Updated 2025)

3 - 12 years exp.

₹8 Lakhs - ₹21.8 Lakhs

Salary of majority employees

26% less than the average Product Manager Salary in Automobile Companies for 3 - 12 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Research & Development Product Manager Salary 5 - 6 years exp. (3 salaries)	₹8 L/yr - ₹12.2 L/yr
Marketing & Communication Product Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹20.6 L/yr
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Product Management Product Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹16.2 L/yr
Sales & Business Development Product Manager Salary 10 years exp. (AmbitionBox Estimate)	₹14.8 L/yr - ₹21.8 L/yr

Last Updated: 16 Jan 2025

Companies similar to Mahindra & Mahindra for Product Manager in Pune

Mahindra & Mahindra Product Manager Salary

3 - 12 years exp. (12 salaries)

₹8 L/yr - ₹21.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Product Manager Salary 4 - 6 years exp. (5 salaries)	₹8.8 L/yr - ₹20 L/yr 1% less
Bajaj Auto Product Manager Salary 3 - 14 years exp. (12 salaries)	₹18 L/yr - ₹40 L/yr 97% more	1 job opening
Login to view exact salary
Bajaj Finserv Product Manager Salary 2 - 9 years exp. (262 salaries)	₹8 L/yr - ₹24.4 L/yr 2% less
Bajaj Finance Product Manager Salary 2 - 7 years exp. (168 salaries)	₹8 L/yr - ₹26 L/yr 3% less
Bajaj Finserv Health Product Manager Salary 1 - 7 years exp. (86 salaries)	₹7.6 L/yr - ₹22.5 L/yr 1% more

Product Manager salary at Mahindra & Mahindra ranges between ₹8 Lakhs to ₹21.8 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 12 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Product Manager salaries in Pune

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹27.3 L/yr
4 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
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5 years (AmbitionBox Estimate)	₹8 L/yr - ₹27.6 L/yr
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹15.5 L/yr
7 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
8 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
9 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
10 years (5 salaries)	₹12 L/yr - ₹21.8 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹20.6 L/yr

View all

Similar Designation salaries in Mahindra & Mahindra

Deputy Manager Salary

(1.1k salaries)

₹5.9 L/yr - ₹18 L/yr

Project Manager Salary

(21 salaries)

₹9.2 L/yr - ₹26.2 L/yr

Program Manager Salary

(16 salaries)

₹10 L/yr - ₹25 L/yr

Production Manager Salary

(15 salaries)

₹12.5 L/yr - ₹26.55 L/yr

Top skills at Mahindra & Mahindra for Product Manager

Data Analytics Cloud Computing Product Management Stakeholder Management Product Launch Competitive Analysis Software Configuration Management Microsoft Power BI Home Loans Computer Networking IT Infrastructure Supply Chain Management Sales Operations Devsecops New Product Development

Salary related reviews for Mahindra & Mahindra

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

Deputy Manager in Zaheerabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Jan 2022

4.0

for Salary and Benefits

Likes

A lots of things to learn and u always get opportunity to prove yourself. Compensation is also good No issue of leaves

Dislikes

Production team has to do each and everything. Less support from CPE , RQA & PQA

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Mahindra & Mahindra

View All

a program manager

😕 confused

I have fews unanswered questions Project manger 7yrs exp chennai 1) Can I apply for post with 8 yr exp which matches My skills 2) Does my application directly gets rejected if I quoted higher expected salary than their budgets 3) I'm in applying for jobs via companies careers page. Does that work or hiring are via referrals mostly

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Mahindra & Mahindra Product Manager Salary FAQs

What is the salary of Product Manager at Mahindra & Mahindra Pune?

Product Manager salary at Mahindra & Mahindra in Pune ranges between ₹8.0 Lakhs to ₹21.8 Lakhs for experience between 3 years to 12 years. According to our estimates it is 26% less than the average Product Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Mahindra & Mahindra Pune.

How does the salary of a Product Manager at Mahindra & Mahindra Pune compare with the average salary range for this job?

The average salary of a Product Manager at Mahindra & Mahindra is 26% less than the average salary of a Product Manager in Pune. To know exact salary insights, login to view.

What are the top skills required to work as a Product Manager at Mahindra & Mahindra?

Data Analytics, Cloud Computing, Product Management, Stakeholder Management and Product Launch are some of the popular skills required to work as a Product Manager at Mahindra & Mahindra Pune.

Which similar companies are paying more than Mahindra & Mahindra to a Product Manager in Pune?

Bajaj Auto Product Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
Bajaj Finserv Health Product Manager Salary - ₹7.6 Lakhs to ₹22.5 Lakhs per year

What is the salary of a Product Manager in companies similar to Mahindra & Mahindra in Pune?

Tata Motors Product Manager Salary - ₹8.8 Lakhs to ₹20.0 Lakhs per year
Bajaj Finserv Product Manager Salary - ₹8.0 Lakhs to ₹24.4 Lakhs per year
Bajaj Finance Product Manager Salary - ₹8.0 Lakhs to ₹26.0 Lakhs per year

What is the estimated take home salary of a Product Manager at Mahindra & Mahindra in Pune?

The estimated take-home salary of a Product Manager at Mahindra & Mahindra ranges between ₹1,06,674 per month to ₹1,09,611 per month in Pune. The take-home salary calculation is based on the average Mahindra & Mahindra Product Manager salary in India which ranges between ₹8.0 Lakhs to ₹21.8 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Mahindra & Mahindra in Pune?

According to AmbitionBox, 67% of the Mahindra & Mahindra Product Managers in Pune reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Product Manager Salaries in Pune

Mahindra & Mahindra Product Manager salary in Pune ranges between ₹8 Lakhs to ₹21.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.