Mahindra First Choice Wheels Chennai Product Manager Salaries by 7 Employees (Updated 2025)

2 - 9 years exp.

₹17 Lakhs - ₹26 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

7% less than the average Product Manager Salary in Internet Companies for 2 - 9 years of experience

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Last Updated: 12 Jan 2025

Companies similar to Mahindra First Choice Wheels for Product Manager in Chennai

Mahindra First Choice Wheels Product Manager Salary

2 - 9 years exp. (7 salaries)

₹17 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
CarDekho Group Product Manager Salary 3 - 5 years exp. (4 salaries)	₹22.5 L/yr - ₹28 L/yr 9% more
Ford Motor Product Manager Salary 6 - 21 years exp. (115 salaries)	₹12.8 L/yr - ₹42 L/yr 48% more
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HDFC Bank Product Manager Salary 0 - 11 years exp. (62 salaries)	₹6.5 L/yr - ₹23.8 L/yr 35% less
Syncfusion Product Manager Salary 4 - 11 years exp. (46 salaries)	₹9.5 L/yr - ₹21 L/yr 38% less
Redington Product Manager Salary 1 - 9 years exp. (43 salaries)	₹3.8 L/yr - ₹11.1 L/yr 67% less

Product Manager salary at Mahindra First Choice Wheels ranges between ₹17 Lakhs to ₹26 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra First Choice Wheels.

Experience wise Mahindra First Choice Wheels Product Manager salaries in Chennai

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹26.2 L/yr
3 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
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4 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25 L/yr
5 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.4 L/yr
6 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹23.8 L/yr
7 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
8 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.6 L/yr
9 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Mahindra First Choice Wheels

Senior Product Manager Salary

(3 salaries)

₹24.4 L/yr - ₹30.19 L/yr

Salary related reviews for Mahindra First Choice Wheels

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Nov 2023

1.0

for Salary and Benefits

Likes

...cts & promotes employees hard work by nominating in RNR. No certain favouritism. Salary gets credited on timely basis.

Work satisfaction - Excellent

Dislikes

... No hybrid option. No appraisal pay for nearly 1 & half year. No incentives. Salary bar is lowest as compared to market standards. Never had bonus. Even Saturday Sunday we need to work.

Salary - Bad

+3 more

Warehouse Manager in Kolkata

Full Time

Procurement & Supply Chain Department

3.0

• posted on 14 Jun 2019

1.0

for Salary and Benefits

Likes

Company culture is good.

Dislikes

Not any chance of career growth. Work pressure is very high. I've to work 12 hrs daily without any compensation. Management doesn't not value an individual's unique strengths. Also there is no on job training for fresher, hence I have to guide them step by step which is painful sometimes.

Salary - Bad

+5 more

Senior Executive in Gurgaon / Gurugram

Call Center Department

2.0

• posted on 19 May 2023

2.0

for Salary and Benefits

Likes

Job security if you are in company pay roll also benefits given by the company is good only for pay roll employees

Job security - Good

Dislikes

Poor salary and incentives there is no career growth i already worked with them almost 6 year in same position they only change grade not your work profile. I really love my job wanted to work harder but it paye nothing to employees in return and ultimately it demotivates them which will leads them to leave there jobs and look forward to some other options, This is how they loose there best employees. Instead of doing appraisals and promotion of existing staff and motivating them... They start searching for replacement and they gonna pay higher salary to new employee with zero experience but not agree to increase the salary of existing employees. Also there is lots of politics, if you are looking for good career growth so don't work with them

Salary - Poor

+4 more

Floor Manager in Mayurbhanj

Administration & Facilities Department

4.0

• posted on 06 May 2022

5.0

for Salary and Benefits

Likes

Very good place for skill development and job security. Worked for around 5 years. Administration and company ethics are top notch.

Salary - Excellent

+4 more

Dislikes

Salary hike is like a dream come true. Work life balance is a bit tough for new comers to handle.

Work-life balance - Poor

Automobiles in Ranchi

Other Department

5.0

• posted on 26 Mar 2021

5.0

for Salary and Benefits

Likes

It's good environment and culture they give good salary. Company policies are also good over all is good here..

Salary - Excellent

+6 more

Dislikes

I think demerits are not issues but one think i would like to say that is career growth is slow and nothing eals

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra First Choice Wheels Product Manager Salary FAQs

What is the salary of Product Manager at Mahindra First Choice Wheels in Chennai?

The average salary of a Product Manager at Mahindra First Choice Wheels in Chennai typically ranges from ₹17.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Product Manager in Chennai at Mahindra First Choice Wheels earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Product Manager Salaries at Mahindra First Choice Wheels 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 7 Mahindra First Choice Wheels employees in India.

What is the estimated take home salary of a Product Manager at Mahindra First Choice Wheels in Chennai?

The estimated take-home salary of a Product Manager at Mahindra First Choice Wheels in Chennai typically ranges from ₹1,36,916 to ₹1,41,971 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 7 salaries received from various employees of Mahindra First Choice Wheels. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra First Choice Wheels for Product Manager in India?

Ford Motor	₹12.8 Lakhs to ₹42.0 Lakhs per year
CarDekho Group	₹22.5 Lakhs to ₹28.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Mahindra First Choice Wheels in Chennai?

The salary of a Product Manager at companies similar to Mahindra First Choice Wheels in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹6.5 Lakhs to ₹23.8 Lakhs per year
Syncfusion	₹9.5 Lakhs to ₹21.0 Lakhs per year
Redington	₹3.8 Lakhs to ₹11.1 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 Mahindra First Choice Wheels in Chennai?

The salary growth for a Product Manager at Mahindra First Choice Wheels in Chennai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Chennai can expect the following growth trajectory at Mahindra First Choice Wheels:

Experience	Average Salary Range
2 years	₹20.5 Lakhs to ₹26.2 Lakhs per year
3 years	₹20.0 Lakhs to ₹25.6 Lakhs per year
4 years	₹19.6 Lakhs to ₹25.0 Lakhs per year
5 years	₹19.1 Lakhs to ₹24.4 Lakhs per year

and so on.

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Mahindra First Choice Wheels Product Manager Salaries in Chennai

Mahindra First Choice Wheels Product Manager salary in Chennai ranges between ₹17 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra First Choice Wheels latest salaries received from various employees of Mahindra First Choice Wheels.