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McKinsey & Company Product Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
6 - 14 years exp.
₹17.4 Lakhs - ₹40 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
₹unlock blur Lakhs

Monthly In-hand Salary

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62% more than the average Product Manager Salary in Management Consulting Companies for 6 - 14 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
7 - 14 years exp. (6 salaries)
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₹17.4 L/yr - ₹40 L/yr

Project & Program Management
Product Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹33 L/yr - ₹40 L/yr

Last Updated: 23 Feb 2025

Companies similar to McKinsey & Company for Product Manager in Bangalore / Bengaluru

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McKinsey & Company Product Manager Salary

6 - 14 years exp. (11 salaries)
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₹17.4 L/yr - ₹40 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Deloitte Product Manager Salary

2 - 14 years exp. (64 salaries)
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₹11.9 L/yr - ₹41 L/yr

arrow icon 32% less
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Ernst & Young Product Manager Salary

4 - 13 years exp. (51 salaries)
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₹10.5 L/yr - ₹44 L/yr

arrow icon 33% less
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PwC Product Manager Salary

3 - 12 years exp. (38 salaries)
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₹11 L/yr - ₹44.4 L/yr

arrow icon 28% less
 2 job openings
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KPMG India Product Manager Salary

2 - 10 years exp. (12 salaries)
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₹13 L/yr - ₹28 L/yr

arrow icon 48% less
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ZS Product Manager Salary

5 - 10 years exp. (9 salaries)
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₹24 L/yr - ₹39.5 L/yr

arrow icon 15% less
 1 job opening
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Zinnov Management Consulting Product Manager Salary

3 - 6 years exp. (3 salaries)
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₹20.7 L/yr - ₹26.5 L/yr

arrow icon 39% less
 1 job opening
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BCG Product Manager Salary

9 - 13 years exp. (3 salaries)
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₹22.3 L/yr - ₹45 L/yr

arrow icon 14% less
Product Manager salary at McKinsey & Company ranges between ₹17.4 Lakhs to ₹40 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of McKinsey & Company.

Latest annual salaries shared by McKinsey & Company Product Manager in Bangalore / Bengaluru

1mo ago
₹38 Lakhs
7 years exp.
10mo ago
₹35 Lakhs
10 years exp.
1y ago
₹35.1 Lakhs
10 years exp.

Experience wise McKinsey & Company Product Manager salaries in Bangalore / Bengaluru

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹30 L/yr - ₹38.3 L/yr
7 years (AmbitionBox Estimate)

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₹31 L/yr - ₹39.6 L/yr
8 years (AmbitionBox Estimate)

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₹32.1 L/yr - ₹41 L/yr
9 years (AmbitionBox Estimate)

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₹33.1 L/yr - ₹42.3 L/yr
10 years (AmbitionBox Estimate)

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₹34.2 L/yr - ₹43.7 L/yr
View all

Similar Designation salaries in McKinsey & Company

Product Manager 2 Salary
(6 salaries)
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₹31.5 L/yr - ₹40.2 L/yr
Senior Product Manager Salary
(3 salaries)
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₹24 L/yr - ₹31.51 L/yr

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...ality its a biased place. those who the manager likes will move to better roles. salary and Hike is less when compared to same profiles on other companies

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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McKinsey & Company Product Manager Salary FAQs

What is the salary of Product Manager at McKinsey & Company in Bangalore / Bengaluru?
The average salary of a Product Manager at McKinsey & Company in Bangalore / Bengaluru typically ranges from ₹17.4 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Product Manager in Bangalore / Bengaluru at McKinsey & Company earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Product Manager Salaries at McKinsey & Company 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 10+ McKinsey & Company employees in India.
What is the estimated take home salary of a Product Manager at McKinsey & Company in Bangalore / Bengaluru?
The estimated take-home salary of a Product Manager at McKinsey & Company in Bangalore / Bengaluru typically ranges from ₹2,27,675 to ₹2,36,833 per month. This is based on the average salary range of ₹17.4 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 6 years to 14 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 10+ salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Product Manager in companies similar to McKinsey & Company in Bangalore / Bengaluru?
The salary of a Product Manager at companies similar to McKinsey & Company in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BCG ₹22.3 Lakhs to ₹45.0 Lakhs per year
ZS ₹24.0 Lakhs to ₹39.5 Lakhs per year
PwC ₹11.0 Lakhs to ₹44.4 Lakhs per year
Deloitte ₹11.9 Lakhs to ₹41.0 Lakhs per year
Ernst & Young ₹10.5 Lakhs to ₹44.0 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 McKinsey & Company in Bangalore / Bengaluru?
The salary growth for a Product Manager at McKinsey & Company in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Product Manager in Bangalore / Bengaluru can expect the following growth trajectory at McKinsey & Company:

Experience Average Salary Range
6 years ₹30.0 Lakhs to ₹38.3 Lakhs per year
7 years ₹31.0 Lakhs to ₹39.6 Lakhs per year
8 years ₹32.1 Lakhs to ₹41.0 Lakhs per year
9 years ₹33.1 Lakhs to ₹42.3 Lakhs per year
and so on.

Tell us how to improve this page.

McKinsey & Company Product Manager salary in Bangalore / Bengaluru ranges between ₹17.4 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 McKinsey & Company latest salaries received from various employees of McKinsey & Company.