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MasterCard Product Development Manager salaries in India

Annual salary range
10 - 14 years exp.
₹25.3 Lakhs - ₹41.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (86%)
₹29.9 Lakhs
Variable (14%)
₹4.8 Lakhs
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60% more than the average Product Development Manager Salary in FinTech Companies for 10 - 14 years of experience

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Last Updated: 20 Jan 2025

Companies similar to MasterCard for Product Development Manager

Company name Avg Annual Salary Open Jobs
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₹20 L/yr - ₹38 L/yr

arrow icon 12% less
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₹22 L/yr - ₹27 L/yr

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HDFC Bank Product Development Manager Salary

4 - 14 years exp. (4 salaries)

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₹7.6 L/yr - ₹26 L/yr

arrow icon 51% less
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₹15 L/yr - ₹25.5 L/yr

arrow icon 43% less
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FIS Product Development Manager Salary

10 - 19 years exp. (20 salaries)

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₹18.1 L/yr - ₹35.8 L/yr

arrow icon 22% less
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₹6.1 L/yr - ₹9 L/yr

arrow icon 79% less
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HighRadius Product Development Manager Salary

11 - 13 years exp. (3 salaries)

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₹40.3 L/yr - ₹42 L/yr

arrow icon 20% more
Product Development Manager salary at MasterCard ranges between ₹25.3 Lakhs to ₹41.4 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Product Development Manager

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11 years exp.
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10 years exp.
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Experience wise MasterCard Product Development Manager salaries

Last Updated: 20 Jan 2025

Experience Avg Annual Salary
10 years  (3 salaries)

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₹25.3 L/yr - ₹37.5 L/yr
11 years (AmbitionBox Estimate)

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₹13.9 L/yr - ₹41.4 L/yr
12 years (AmbitionBox Estimate)

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₹30 L/yr - ₹35.7 L/yr
13 years (AmbitionBox Estimate)

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₹32 L/yr - ₹61 L/yr
14 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹39 L/yr

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₹9.61 L/yr - ₹26.5 L/yr
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₹5.75 L/yr - ₹18 L/yr
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₹15.25 L/yr - ₹43 L/yr
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₹6 L/yr - ₹16.2 L/yr
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₹20 L/yr - ₹60 L/yr
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₹30 L/yr - ₹60 L/yr

Top skills at MasterCard for Product Development Manager

Information Security Software Configuration Management Corporate Security Application Software Product Strategy Product Management SDLC Prototype Concept Development Analytical Chemistry Payment Solutions R Remote Sensing Deep Learning LINQ

Salary related reviews for MasterCard

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 23 Sep 2024

4.0
 for  Salary and Benefits

Likes

They offer best compensation in industry

  • Salary - Good

Dislikes

Politically driven BFC in Gurgaon where couple of directors are driving a culture of favouritism and who would like to throw team members under the bus rather than owing to their own mistakes.

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 16 Jun 2023

3.0
 for  Salary and Benefits

Likes

There is job security and perks are better than most other companies in the same sector.

  • Job security - Excellent
  • +1 more

Dislikes

However, compared to It's direct competitors it's compensation is low.. No work from home is allowed for long term and this lack of flexibility is a serious disadvantage..

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 13 Jun 2022

1.0
 for  Salary and Benefits

Likes

Work life balance Thats it nothing else

  • Work-life balance - Good

Dislikes

1. Salary compared to 2000’s paycheck, and as per HR it’s market standard 2. Like a big MNC which thinks india as a hub for less money will work 24*7 3. Won’t fire anyone but would make scenarios as such that the employee would eventually leave 4. No retain policy, as they think MasterCard is a brand anyone would die to replace you. ( 5-6 position have been closed in a year as no one joined as replacement this is the brand value) 5. Acquires small companies and then treat their employees as step employees

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 10 Dec 2022

5.0
 for  Salary and Benefits

Likes

Great company to work for. Policies are employee centric and benefits are great. Flexible in timing, have good Bonus and stock options for high performer. Medical insurance is 3 times of most companies, Term insurance is 3 time of your CTC, 37 annual leaves, 15 public leaves, 16 weeks paternity and 6month maternity leave. Development plan to build your own career and guidance move into technology or jobs role you want to move to

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  • Salary - Excellent
  • +6 more

Dislikes

None

Contractual

 · 

Project & Program Management Department

2.0
  •  posted on 24 Feb 2024

1.0
 for  Salary and Benefits

Likes

The worst place I worked in my past 10 plus years of work life. Mastercard is a political firm than a corporate office. If anyone getting any offer, just try to understand the team and members before stepping into the team or ask any colleagues who are working at MC. Very old applications. Improvements are there but lots of issues clients will hate or disturbed while working with MC multiple applications.

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Dislikes

Nothing more to like at MC than a brand name. Always remember brand is nothing whoever is giving better package and better work life balance stay with them for long.

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  • Salary - Bad
  • +4 more
see more salary related reviews

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MasterCard Product Development Manager Salary FAQs

What is the salary of Product Development Manager at MasterCard?
Product Development Manager salary at MasterCard in India ranges between ₹25.3 Lakhs to ₹41.4 Lakhs for experience between 10 years to 14 years. According to our estimates it is 60% more than the average Product Development Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of MasterCard India.
How does the salary of a Product Development Manager at MasterCard India compare with the average salary range for this job?
The average salary of a Product Development Manager at MasterCard is 60% more than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Product Development Manager at MasterCard?
Information Security, Software Configuration Management, Corporate Security, Application Software and Product Strategy are some of the popular skills required to work as a Product Development Manager at MasterCard India.
Which similar companies are paying more than MasterCard to a Product Development Manager in India?
  • HighRadius Product Development Manager Salary - ₹40.3 Lakhs to ₹42.0 Lakhs per year
What is the salary of a Product Development Manager in companies similar to MasterCard in India?
  • American Express Product Development Manager Salary - ₹20.0 Lakhs to ₹38.0 Lakhs per year
  • FIS Product Development Manager Salary - ₹18.1 Lakhs to ₹35.8 Lakhs per year
  • State Bank of India Product Development Manager Salary - ₹22.0 Lakhs to ₹27.0 Lakhs per year
  • Kotak Mahindra Bank Product Development Manager Salary - ₹15.0 Lakhs to ₹25.5 Lakhs per year
  • HDFC Bank Product Development Manager Salary - ₹7.6 Lakhs to ₹26.0 Lakhs per year
What is the estimated take home salary of a Product Development Manager at MasterCard in India?
The estimated take-home salary of a Product Development Manager at MasterCard ranges between ₹2,09,888 per month to ₹2,18,241 per month in India. The take-home salary calculation is based on the average MasterCard Product Development Manager salary in India which ranges between ₹25.3 Lakhs to ₹41.4 Lakhs per year for employees with experience between 10 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Product Development Manager at MasterCard?
According to AmbitionBox, 60% of the MasterCard Product Development Managers reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

MasterCard Product Development Manager salary in India ranges between ₹25.3 Lakhs to ₹41.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 MasterCard latest salaries received from various employees of MasterCard.