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

5 - 12 years exp.

₹22 Lakhs - ₹47 Lakhs

Salary of majority employees

6% less than the average Senior Product Manager Salary in Automobile Companies for 5 - 12 years of experience

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Last Updated: 18 Feb 2025

Companies similar to Mahindra & Mahindra for Senior Product Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Senior Product Manager Salary 4 - 11 years exp. (5 salaries)	₹7 L/yr - ₹19.5 L/yr 52% less
Maruti Suzuki Senior Product Manager Salary 6 - 8 years exp. (4 salaries)	₹27.7 L/yr - ₹40 L/yr 2% less
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TVS Motor Senior Product Manager Salary 6 - 8 years exp. (4 salaries)	₹16 L/yr - ₹32 L/yr 13% less
Escorts Kubota Limited Senior Product Manager Salary 10 - 16 years exp. (4 salaries)	₹16.8 L/yr - ₹30 L/yr 29% less
Ford Motor Senior Product Manager Salary 7 - 16 years exp. (17 salaries)	₹26.2 L/yr - ₹51 L/yr 24% more
Nissan Senior Product Manager Salary 6 - 15 years exp. (7 salaries)	₹30 L/yr - ₹46 L/yr 14% more
Daimler India Commercial Vehicles Senior Product Manager Salary 10 - 13 years exp. (5 salaries)	₹9 L/yr - ₹20.5 L/yr 46% less

Senior Product Manager salary at Mahindra & Mahindra ranges between ₹22 Lakhs to ₹47 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 14 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Senior Product Manager salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹22 L/yr - ₹33 L/yr
6 years (4 salaries)	₹25 L/yr - ₹33.2 L/yr
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7 years (AmbitionBox Estimate)	₹28 L/yr - ₹57.5 L/yr
8 years (AmbitionBox Estimate)	₹29.2 L/yr - ₹37.3 L/yr
9 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹47 L/yr
10 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹36.4 L/yr
11 years (AmbitionBox Estimate)	₹30.7 L/yr - ₹39.2 L/yr
12 years (AmbitionBox Estimate)	₹30 L/yr - ₹45 L/yr

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Similar Designation salaries in Mahindra & Mahindra

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(AmbitionBox Estimate)

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Product Manager 2 Salary

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₹23.9 L/yr - ₹30.5 L/yr

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₹10 L/yr - ₹26.55 L/yr

Salary related reviews for Mahindra & Mahindra

5.0

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.

Skill development - Good

+3 more

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

Salary - Excellent

+5 more

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.

Job security - Good

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.

Salary - Bad

+5 more

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.

Skill development - Good

+1 more

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

Salary - Good

+5 more

Dislikes

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

see more salary related reviews

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What people are saying about Mahindra & Mahindra

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divitr

works at

Mahindra & Mahindra

Budget 2025 was a bummer!

I am earning 13.5 lpa and appraisal would be around 8-9% this year...so next fiscal year I would be earning around 14.6. it is kind of disappointing to see how a person who earns less than me gets more money in hand and it would take me almost two more years and appraisals to get that money in hand. Any clarifications or suggestions on tax saving is appreciated!..thanks

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Mahindra & Mahindra Senior Product Manager Salary FAQs

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

Senior Product Manager salary at Mahindra & Mahindra in India ranges between ₹22.0 Lakhs to ₹47.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 6% less than the average Senior Product Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Mahindra & Mahindra India.

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

The average salary of a Senior Product Manager at Mahindra & Mahindra is 6% less than the average salary of a Senior Product Manager in India. To know exact salary insights, login to view.

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

Ford Motor Senior Product Manager Salary - ₹26.2 Lakhs to ₹51.0 Lakhs per year
Nissan Senior Product Manager Salary - ₹30.0 Lakhs to ₹46.0 Lakhs per year

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

Maruti Suzuki Senior Product Manager Salary - ₹27.7 Lakhs to ₹40.0 Lakhs per year
TVS Motor Senior Product Manager Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
Escorts Kubota Limited Senior Product Manager Salary - ₹16.8 Lakhs to ₹30.0 Lakhs per year
Daimler India Commercial Vehicles Senior Product Manager Salary - ₹9.0 Lakhs to ₹20.5 Lakhs per year
Tata Motors Senior Product Manager Salary - ₹7.0 Lakhs to ₹19.5 Lakhs per year

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

The estimated take-home salary of a Senior Product Manager at Mahindra & Mahindra ranges between ₹1,99,679 per month to ₹2,07,570 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Senior Product Manager salary in India which ranges between ₹22.0 Lakhs to ₹47.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra & Mahindra Senior Product Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Senior Product Manager Salaries

Mahindra & Mahindra Senior Product Manager salary in India ranges between ₹22 Lakhs to ₹47 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.