MasterCard Senior Product Manager Salaries by 50+ Employees (Updated 2025)

5 - 13 years exp.

₹15.3 Lakhs - ₹43 Lakhs

Salary of majority employees

Fixed (92%)

₹28.4 Lakhs

Variable (8%)

₹2.4 Lakhs

12% less than the average Senior Product Manager Salary in FinTech Companies for 5 - 13 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Product Management Senior Product Manager Salary 5 - 13 years exp. (20 salaries)	₹15.3 L/yr - ₹38.5 L/yr
Data Science & Analytics Senior Product Manager Salary 8 - 13 years exp. (5 salaries)	₹22 L/yr - ₹33.8 L/yr
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BFSI, Investments & Trading Senior Product Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹21.1 L/yr - ₹37 L/yr
Engineering - Software & QA Senior Product Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹33 L/yr

Last Updated: 22 Mar 2025

Companies similar to MasterCard for Senior Product Manager

Company name	Avg Annual Salary	Open Jobs
Paytm Senior Product Manager Salary 4 - 8 years exp. (136 salaries)	₹20 L/yr - ₹58 L/yr 32% more	1 job opening
PayPal Senior Product Manager Salary 5 - 15 years exp. (75 salaries)	₹30 L/yr - ₹71 L/yr 46% more	3 job openings
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PayU Payments Senior Product Manager Salary 4 - 12 years exp. (38 salaries)	₹28.6 L/yr - ₹60 L/yr 36% more
HighRadius Senior Product Manager Salary 6 - 12 years exp. (35 salaries)	₹26 L/yr - ₹52 L/yr 16% more
Visa Senior Product Manager Salary 9 - 15 years exp. (34 salaries)	₹35 L/yr - ₹1 Cr/yr 83% more
PhonePe Senior Product Manager Salary 4 - 10 years exp. (26 salaries)	₹20 L/yr - ₹72 L/yr 55% more
Razorpay Senior Product Manager Salary 3 - 9 years exp. (22 salaries)	₹27 L/yr - ₹70 L/yr 43% more
Angel One Senior Product Manager Salary 3 - 11 years exp. (13 salaries)	₹23.5 L/yr - ₹48 L/yr 18% more	1 job opening
Worldline Senior Product Manager Salary 7 - 15 years exp. (7 salaries)	₹17.8 L/yr - ₹32 L/yr 27% less
Rupeek Senior Product Manager Salary 6 - 10 years exp. (7 salaries)	₹36 L/yr - ₹58 L/yr 77% more
Fiserv Senior Product Manager Salary 13 - 18 years exp. (6 salaries)	₹31.1 L/yr - ₹47 L/yr 36% more
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KFintech Senior Product Manager Salary 4 - 6 years exp. (5 salaries)	₹23 L/yr - ₹27 L/yr 21% less
Experian Senior Product Manager Salary 9 - 13 years exp. (4 salaries)	₹22 L/yr - ₹45 L/yr 13% more
Insolutions Global Senior Product Manager Salary 7 - 19 years exp. (4 salaries)	₹15.8 L/yr - ₹31 L/yr 36% less
Mswipe Technologies Senior Product Manager Salary 8 - 10 years exp. (4 salaries)	₹12 L/yr - ₹35 L/yr 13% less
Western Union Senior Product Manager Salary 8 - 15 years exp. (3 salaries)	₹36 L/yr - ₹64.3 L/yr 76% more
Broadridge Financial Solutions Senior Product Manager Salary 12 - 18 years exp. (3 salaries)	₹25 L/yr - ₹35 L/yr 7% less
CapitalOne Senior Product Manager Salary 8 - 9 years exp. (3 salaries)	₹55 L/yr - ₹1 Cr/yr 130% more
Google Pay Senior Product Manager Salary 3 - 11 years exp. (3 salaries)	₹33.6 L/yr - ₹64 L/yr 42% more

Senior Product Manager salary at MasterCard ranges between ₹15.3 Lakhs to ₹43 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 56 latest salaries received from various employees of MasterCard.

Experience wise MasterCard Senior Product Manager salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
5 years (4 salaries)	₹25.8 L/yr - ₹35 L/yr
6 years (3 salaries)	₹27 L/yr - ₹35 L/yr
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7 years (5 salaries)	₹21 L/yr - ₹37 L/yr
8 years (11 salaries)	₹21.1 L/yr - ₹38.5 L/yr
9 years (10 salaries)	₹15.3 L/yr - ₹35 L/yr
10 years (10 salaries)	₹15.3 L/yr - ₹40 L/yr
11 years (6 salaries)	₹16 L/yr - ₹43 L/yr
12 years (3 salaries)	₹20 L/yr - ₹37 L/yr
13 years (4 salaries)	₹22 L/yr - ₹37.4 L/yr

View all

Similar Designation salaries in MasterCard

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Senior Product Owner Salary

(AmbitionBox Estimate)

₹27.5 L/yr - ₹35.1 L/yr

Lead Product Manager Salary

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₹20 L/yr - ₹60 L/yr

Technical Product Manager Salary

(18 salaries)

₹13.3 L/yr - ₹35 L/yr

Principal Product Manager Salary

(4 salaries)

₹22.9 L/yr - ₹40 L/yr

Product Manager Salary

(106 salaries)

₹18 L/yr - ₹55 L/yr

Associate Product Manager Salary

(3 salaries)

₹22 L/yr - ₹30 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Project Manager Salary

(33 salaries)

₹9.03 L/yr - ₹33.4 L/yr

Product Manager 2 Salary

(4 salaries)

₹18.9 L/yr - ₹24.2 L/yr

Top skills at MasterCard for Senior Product Manager

Information Security Product Management Corporate Security Operations Customer Service Analytical Chemistry Competitive Analysis Remote Sensing Computer Science Service Management Sharepoint Agile Coaching LMS Reconciliation Continuous Improvement

Salary related reviews for MasterCard

5.0

Rated by 2 employees for salary & benefits

Manager in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

4.0

• posted on 21 Feb 2025

5.0

for Salary and Benefits

Likes

brand name; good salary- pays well above market (that locks in employees basically); job security; exceptional parental leave policy (both maternal and paternal); best in class health insurance (have not seen this anywhere); 20 days work from anywhere policy (can work from anywhere in the world); generally empathetic culture where people acknowledge you have a life and family and allow exceptions without the guilt trip

Salary - Excellent

+3 more

Dislikes

very little opportunity to create impact at scale as this company is a behemoth- policy, culture, systems- everything contributes to the general lethargy; products dont have great India market fit as Indian market has changed rapidly before Mastercard caught up (possibly cannot catch up)- this demotivates team a lot

Skill development - Poor

Manager in Gurgaon / Gurugram

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.

Job security - Bad

+4 more

Associate Managing Consultant in Gurgaon / Gurugram

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..

Skill development - Poor

+1 more

Senior Quality Assurance Analyst in Pune

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

Salary - Bad

+4 more

Software Engineering Manager in Mumbai

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

Salary - Excellent

+6 more

Dislikes

None

see more salary related reviews

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What people are saying about MasterCard

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an advanced software engineer

Which one is good?

Hi I 5.5 year of exp in backend development. I have two offer Citi - 30lpa - c11 officer Mastercard - 26lpa - sde 2 Which will be better to join?

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MasterCard Senior Product Manager Salary FAQs

What is the salary of Senior Product Manager at MasterCard ?

The average salary of a Senior Product Manager at MasterCard in India typically ranges from ₹15.3 Lakhs to ₹43.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Senior Product Manager at MasterCard earn more than ₹37.0 Lakhs per year, and the top 1% earn over ₹42.8 Lakhs per year. Senior Product Manager Salaries at MasterCard 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 50+ MasterCard employees in India.

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

The estimated take-home salary of a Senior Product Manager at MasterCard in India typically ranges from ₹1,89,069 to ₹1,96,481 per month. This is based on the average salary range of ₹15.3 Lakhs to ₹43.0 Lakhs per year for employees with experience ranging from 5 years to 13 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 50+ salaries received from various employees of MasterCard. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Product Manager at MasterCard ?

To be a Senior Product Manager at MasterCard in india, the key skills required include:

- Information Security
- Product Management
- Corporate Security
- Operations
- Customer Service

These skills are highly valued at MasterCard and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than MasterCard for Senior Product Manager in India?

CapitalOne	₹55.0 Lakhs to ₹102.0 Lakhs per year
Visa	₹35.0 Lakhs to ₹100.8 Lakhs per year
Rupeek	₹36.0 Lakhs to ₹58.0 Lakhs per year
Western Union	₹36.0 Lakhs to ₹64.3 Lakhs per year
PhonePe	₹20.0 Lakhs to ₹72.0 Lakhs per year

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

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

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

PayPal	₹30.0 Lakhs to ₹71.0 Lakhs per year
Razorpay	₹27.0 Lakhs to ₹70.0 Lakhs per year
Google Pay	₹33.6 Lakhs to ₹64.0 Lakhs per year
Fiserv	₹31.1 Lakhs to ₹47.0 Lakhs per year
PayU Payments	₹28.6 Lakhs to ₹60.0 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 Senior Product Manager at MasterCard in India?

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

Experience	Average Salary Range
5 years	₹25.8 Lakhs to ₹35.0 Lakhs per year
6 years	₹27.0 Lakhs to ₹35.0 Lakhs per year
7 years	₹21.0 Lakhs to ₹37.0 Lakhs per year
8 years	₹21.1 Lakhs to ₹38.5 Lakhs per year

and so on.

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MasterCard Senior Product Manager Salaries

MasterCard Senior Product Manager salary in India ranges between ₹15.3 Lakhs to ₹43 Lakhs with an average annual salary of ₹. Salary estimates are based on 56 MasterCard latest salaries received from various employees of MasterCard.