Mahindra Rural Housing Finance Product Manager Salaries by 5 Employees (Updated 2025)

1 - 5 years exp.

₹8 Lakhs - ₹27.9 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Product Manager Salary in NBFC Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 12 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Product Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Product Manager Salary 0 - 6 years exp. (222 salaries)	₹5 L/yr - ₹18 L/yr 27% less
Bajaj Finance Product Manager Salary 2 - 7 years exp. (217 salaries)	₹6 L/yr - ₹25 L/yr 8% less
Login to view exact salary
Tata Capital Product Manager Salary 0 - 3 years exp. (96 salaries)	₹7.7 L/yr - ₹22 L/yr 2% less	1 job opening
IIFL Finance Product Manager Salary 0 - 5 years exp. (75 salaries)	₹7 L/yr - ₹24.5 L/yr At par
Shriram Finance Product Manager Salary 4 - 16 years exp. (56 salaries)	₹2.2 L/yr - ₹9.7 L/yr 68% less	1 job opening
Aditya Birla Finance Product Manager Salary 2 - 10 years exp. (52 salaries)	₹9 L/yr - ₹31.8 L/yr 24% more
Home Credit Finance Product Manager Salary 4 - 9 years exp. (21 salaries)	₹13.5 L/yr - ₹31 L/yr 26% more
Mahindra Finance Product Manager Salary 2 - 10 years exp. (18 salaries)	₹9.3 L/yr - ₹34.2 L/yr 27% more
Piramal Capital Housing Finance Product Manager Salary 0 - 6 years exp. (18 salaries)	₹10 L/yr - ₹36 L/yr 47% more
HDB Financial Services Product Manager Salary 3 - 14 years exp. (16 salaries)	₹6.3 L/yr - ₹19 L/yr 12% less
Poonawalla Fincorp Product Manager Salary 1 - 4 years exp. (16 salaries)	₹6 L/yr - ₹18.5 L/yr 29% less
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Muthoot Fincorp Product Manager Salary 1 - 7 years exp. (13 salaries)	₹6 L/yr - ₹18.1 L/yr 35% less
Aavas Financiers Product Manager Salary 1 - 8 years exp. (13 salaries)	₹4.7 L/yr - ₹11.8 L/yr 47% less
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 5% more
Kotak Mahindra Prime Product Manager Salary 1 - 9 years exp. (10 salaries)	₹6.1 L/yr - ₹11 L/yr 53% less
CreditAccess Grameen Product Manager Salary 1 - 5 years exp. (9 salaries)	₹9 L/yr - ₹14 L/yr 27% less
TVS Credit Product Manager Salary 1 - 9 years exp. (8 salaries)	₹10.5 L/yr - ₹15 L/yr 21% less
Manappuram Finance Product Manager Salary 2 - 4 years exp. (7 salaries)	₹18 L/yr - ₹21 L/yr 22% more
Spandana Sphoorty Financial Product Manager Salary 0 - 3 years exp. (7 salaries)	₹8.4 L/yr - ₹15 L/yr 28% less
Axis Finance Product Manager Salary 3 - 10 years exp. (7 salaries)	₹9 L/yr - ₹14 L/yr 29% less

View all

Product Manager salary at Mahindra Rural Housing Finance ranges between ₹8 Lakhs to ₹27.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Product Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
2 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
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3 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
4 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
5 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Project Manager Salary

(AmbitionBox Estimate)

₹13.4 L/yr - ₹17.1 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Deputy Manager Salary

(89 salaries)

₹3.2 L/yr - ₹10.75 L/yr

Senior Product Manager Salary

(AmbitionBox Estimate)

₹22.2 L/yr - ₹28.4 L/yr

Assistant Vice President Salary

(4 salaries)

₹18 L/yr - ₹42 L/yr

Top skills at Mahindra Rural Housing Finance for Product Manager

IT Operations Transformation IT Project Management

Salary related reviews for Mahindra Rural Housing Finance

Customer Service And Operations Executive in Thane

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Jan 2025

1.0

for Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

Salary - Bad

+6 more

Branch Manager in Shujalpur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

Job security - Poor

Area Credit Manager in Kochi

Full Time

Other Department

1.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

Skill development

Skill development - Good

Dislikes

I got promoted on Feb 2024 as an area Credit Manager but there is no change in my salary pack and grade. Hence I expected which will rectify after appraisal time but there is no decent salary hike as well as grade change during appraisal. I am continuing with organisation with same grade since joined on June 2022 as a manager grade

Salary - Bad

+1 more

Branch Manager in Akola

Full Time

Sales & Business Development Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

I like company culture environment co operative senior..

Skill development - Good

+5 more

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

Customer Executive in Amravati

Full Time

Finance & Accounting Department

4.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Salary is received on time. Sudhya company paid salary while Corona was going on. The work of every department of the company is good

Work-life balance - Good

Dislikes

Officials abuse parents to get work. and does not support They work on holidays. They always threaten to fire me. Even after working. The language of the officers is very bad so the company is not working.

Skill development - Bad

+2 more

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Mahindra Rural Housing Finance Product Manager Salary FAQs

What is the salary of Product Manager at Mahindra Rural Housing Finance ?

The average salary of a Product Manager at Mahindra Rural Housing Finance in India typically ranges from ₹8.0 Lakhs to ₹27.9 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Product Manager at Mahindra Rural Housing Finance earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Product Manager Salaries at Mahindra Rural Housing Finance 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 5 Mahindra Rural Housing Finance employees in India.

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

The estimated take-home salary of a Product Manager at Mahindra Rural Housing Finance in India typically ranges from ₹1,08,266 to ₹1,11,255 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹27.9 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 salaries received from various employees of Mahindra Rural Housing Finance. 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 Mahindra Rural Housing Finance ?

To be a Product Manager at Mahindra Rural Housing Finance in india, the key skills required include:

- IT Operations
- Transformation
- IT Project Management

These skills are highly valued at Mahindra Rural Housing Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Rural Housing Finance for Product Manager in India?

Piramal Capital Housing Finance	₹10.0 Lakhs to ₹36.0 Lakhs per year
Mahindra Finance	₹9.3 Lakhs to ₹34.2 Lakhs per year
Home Credit Finance	₹13.5 Lakhs to ₹31.0 Lakhs per year
Aditya Birla Finance	₹9.0 Lakhs to ₹31.8 Lakhs per year
Manappuram Finance	₹18.0 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Mahindra Rural Housing Finance in India?

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

SMFG India Credit	₹8.0 Lakhs to ₹25.0 Lakhs per year
IIFL Finance	₹7.0 Lakhs to ₹24.5 Lakhs per year
Tata Capital	₹7.7 Lakhs to ₹22.0 Lakhs per year
Bajaj Finance	₹6.0 Lakhs to ₹25.0 Lakhs per year
HDB Financial Services	₹6.3 Lakhs to ₹19.0 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 Mahindra Rural Housing Finance in India?

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

Experience	Average Salary Range
1 year	₹13.8 Lakhs to ₹17.6 Lakhs per year
2 years	₹13.9 Lakhs to ₹17.8 Lakhs per year
3 years	₹14.0 Lakhs to ₹17.9 Lakhs per year
4 years	₹14.2 Lakhs to ₹18.1 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Product Manager Salaries

Mahindra Rural Housing Finance Product Manager salary in India ranges between ₹8 Lakhs to ₹27.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.