Mahindra Finance Mumbai Product Manager Salaries by 10+ Employees (Updated 2025)

1 - 10 years exp.

₹9.3 Lakhs - ₹32 Lakhs

Salary of majority employees

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7% less than the average Product Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

Product Management Product Manager Salary 1 - 10 years exp. (10 salaries)	Unlock ₹12 L/yr - ₹36 L/yr
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Marketing & Communication Product Manager Salary 4 - 9 years exp. (AmbitionBox Estimate)	Unlock ₹9.3 L/yr - ₹22 L/yr

Last Updated: 13 Feb 2025

Companies similar to Mahindra Finance for Product Manager in Mumbai

Mahindra Finance Product Manager Salary

1 - 10 years exp. (15 salaries)

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₹9.3 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 14 years exp. (560 salaries)	Unlock ₹7 L/yr - ₹25 L/yr 21% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (2k salaries)	Unlock ₹7.5 L/yr - ₹27 L/yr 8% less
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Axis Bank Product Manager Salary 0 - 10 years exp. (441 salaries)	Unlock ₹8 L/yr - ₹27.1 L/yr 13% less
Bajaj Finance Product Manager Salary 2 - 7 years exp. (10 salaries)	Unlock ₹7.6 L/yr - ₹26.8 L/yr 10% less
Kotak Mahindra Bank Product Manager Salary 0 - 10 years exp. (413 salaries)	Unlock ₹6.3 L/yr - ₹25 L/yr 22% less	1 job opening
L&T Finance Product Manager Salary 1 - 6 years exp. (191 salaries)	Unlock ₹5 L/yr - ₹18.5 L/yr 37% less
Aditya Birla Capital Product Manager Salary 1 - 6 years exp. (54 salaries)	Unlock ₹10 L/yr - ₹30.3 L/yr 2% less
IIFL Finance Product Manager Salary 0 - 5 years exp. (28 salaries)	Unlock ₹7.5 L/yr - ₹24.5 L/yr 17% less
Edelweiss Product Manager Salary 2 - 9 years exp. (24 salaries)	Unlock ₹9.5 L/yr - ₹22 L/yr 16% less
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	Unlock ₹8 L/yr - ₹25 L/yr 12% less
Kotak Mahindra Prime Product Manager Salary 2 - 12 years exp. (9 salaries)	Unlock ₹6.3 L/yr - ₹14.3 L/yr 54% less
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Tata Capital Housing Finance Product Manager Salary 0 - 6 years exp. (9 salaries)	Unlock ₹6.5 L/yr - ₹15.9 L/yr 42% less
Mahindra Rural Housing Finance Product Manager Salary 1 - 5 years exp. (5 salaries)	Unlock ₹8 L/yr - ₹27.9 L/yr 16% less
Sammaan Capital Limited Product Manager Salary 3 - 10 years exp. (5 salaries)	Unlock ₹3.3 L/yr - ₹20 L/yr 39% less
HDB Financial Services Product Manager Salary 3 - 13 years exp. (5 salaries)	Unlock ₹9.6 L/yr - ₹18.5 L/yr 23% less
Capri Global Capital Product Manager Salary 3 - 7 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹14 L/yr 36% less
Shriram Finance Product Manager Salary 8 - 15 years exp. (4 salaries)	Unlock ₹5.4 L/yr - ₹7 L/yr 67% less	1 job opening
Reliance Capital Product Manager Salary 2 - 7 years exp. (3 salaries)	Unlock ₹13 L/yr - ₹18 L/yr 23% less
Manappuram Finance Product Manager Salary 3 - 4 years exp. (3 salaries)	Unlock ₹18.9 L/yr - ₹20 L/yr 2% more

Product Manager salary at Mahindra Finance ranges between ₹9.3 Lakhs to ₹32 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 15 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Product Manager in Mumbai

1mo ago

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9 years exp.

1mo ago

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1 year exp.

1mo ago

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2 years exp.

1mo ago

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10 years exp.

4mo ago

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9 years exp.

4mo ago

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4 years exp.

6mo ago

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8 years exp.

9mo ago

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4 years exp.

11mo ago

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8 years exp.

11mo ago

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10 years exp.

Experience wise Mahindra Finance Product Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹29.4 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹30.4 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹15.7 L/yr - ₹20.1 L/yr
4 years (3 salaries)	Unlock ₹9.3 L/yr - ₹32.5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹16.8 L/yr - ₹21.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹23 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹17.9 L/yr - ₹22.8 L/yr
8 years (4 salaries)	Unlock ₹13.5 L/yr - ₹36.8 L/yr
9 years (3 salaries)	Unlock ₹14.7 L/yr - ₹32 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹19.9 L/yr - ₹32 L/yr

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Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(80 salaries)

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₹4.2 L/yr - ₹11.5 L/yr

Project Manager Salary

(13 salaries)

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₹8 L/yr - ₹25.2 L/yr

Senior Product Manager Salary

(5 salaries)

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₹17.1 L/yr - ₹23 L/yr

Product Owner Salary

(3 salaries)

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₹21.6 L/yr - ₹27.6 L/yr

Top skills at Mahindra Finance for Product Manager

Product Launch Competitive Analysis Malayalam Data Analytics Home Loans Bengali Product Management Supply Chain Management Product Life Cycle Management LMS New Product Development Project Management Stakeholder Management

Salary related reviews for Mahindra Finance

3.0

Rated by 2 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Senior Business Executive in Port Blair

Full Time

Marketing & Communication Department

5.0

• posted on 12 Oct 2024

5.0

for Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

Salary - Excellent

+6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

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Salary Discussions, Hike & Promotions

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Mahindra Finance Product Manager Salary FAQs

What is the salary of Product Manager at Mahindra Finance Mumbai?

Product Manager salary at Mahindra Finance in Mumbai ranges between ₹9.3 Lakhs to ₹32.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 7% less than the average Product Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Mahindra Finance Mumbai.

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

The average salary of a Product Manager at Mahindra Finance is 7% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.

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

Product Launch, Competitive Analysis, Malayalam, Data Analytics and Home Loans are some of the popular skills required to work as a Product Manager at Mahindra Finance Mumbai.

Which similar companies are paying more than Mahindra Finance to a Product Manager in Mumbai?

Manappuram Finance Product Manager Salary - ₹18.9 Lakhs to ₹20.0 Lakhs per year

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

Aditya Birla Capital Product Manager Salary - ₹10.0 Lakhs to ₹30.3 Lakhs per year
ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Bajaj Finance Product Manager Salary - ₹7.6 Lakhs to ₹26.8 Lakhs per year
SMFG India Credit Product Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
Axis Bank Product Manager Salary - ₹8.0 Lakhs to ₹27.1 Lakhs per year

What is the estimated take home salary of a Product Manager at Mahindra Finance in Mumbai?

The estimated take-home salary of a Product Manager at Mahindra Finance ranges between ₹1,26,214 per month to ₹1,30,298 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Product Manager salary in India which ranges between ₹9.3 Lakhs to ₹32.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Mahindra Finance in Mumbai?

According to AmbitionBox, 60% of the Mahindra Finance Product Managers in Mumbai reported a notice period of 2 Months, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Mahindra Finance Product Manager Salaries in Mumbai

Mahindra Finance Product Manager salary in Mumbai ranges between ₹9.3 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Mahindra Finance latest salaries received from various employees of Mahindra Finance.