National Payments Corporation of India Mumbai Product Manager Salaries by 40+ Employees (Updated 2025)

0 - 9 years exp.

₹8.9 Lakhs - ₹25 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

22% less than the average Product Manager Salary in Financial Services Companies for 0 - 9 years of experience

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Salaries in different departments

Product Management Product Manager Salary 0 - 9 years exp. (37 salaries)	₹8.9 L/yr - ₹25 L/yr
Data Science & Analytics Product Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹16.6 L/yr
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Consulting Product Manager Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.5 L/yr

Last Updated: 20 Mar 2025

Companies similar to National Payments Corporation of India for Product Manager in Mumbai

National Payments Corporation of India Product Manager Salary

0 - 9 years exp. (49 salaries)

₹8.9 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Morningstar Product Manager Salary 6 - 13 years exp. (28 salaries)	₹14.8 L/yr - ₹32.5 L/yr 52% more	2 job openings
Oyo Rooms Product Manager Salary 4 - 7 years exp. (6 salaries)	₹18 L/yr - ₹26.3 L/yr 38% more
Login to view exact salary
Aditya Birla Health Insurance Co Product Manager Salary 2 - 9 years exp. (6 salaries)	₹9 L/yr - ₹25.5 L/yr 2% more
Pine Labs Product Manager Salary 10 - 14 years exp. (6 salaries)	₹18.1 L/yr - ₹30 L/yr 43% more	1 job opening
Quantiphi Analytics Solutions Private Limited Product Manager Salary 2 - 8 years exp. (3 salaries)	₹19 L/yr - ₹22.1 L/yr 37% more
Fractal Analytics Product Manager Salary 6 - 9 years exp. (3 salaries)	₹13.9 L/yr - ₹29 L/yr 28% more

Product Manager salary at National Payments Corporation of India ranges between ₹8.9 Lakhs to ₹25 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 49 latest salaries received from various employees of National Payments Corporation of India.

Latest annual salaries shared by National Payments Corporation of India Product Manager in Mumbai

2w ago

₹11.7 Lakhs

4 years exp.

2w ago

₹18.4 Lakhs

6 years exp.

3w ago

₹22.5 Lakhs

8 years exp.

1mo ago

₹8.9 Lakhs

3 years exp.

1mo ago

₹17 Lakhs

6 years exp.

1mo ago

1 year exp.

1mo ago

6 years exp.

1mo ago

2 years exp.

2mo ago

6 years exp.

2mo ago

9 years exp.

Experience wise National Payments Corporation of India Product Manager salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹13.1 L/yr - ₹16.5 L/yr
1 year (6 salaries)	₹14 L/yr - ₹24 L/yr
Login to view exact salary
2 years (5 salaries)	₹12 L/yr - ₹24 L/yr
3 years (6 salaries)	₹8.9 L/yr - ₹16 L/yr
4 years (8 salaries)	₹9 L/yr - ₹17.5 L/yr
5 years (7 salaries)	₹9.8 L/yr - ₹25 L/yr
6 years (8 salaries)	₹14 L/yr - ₹25 L/yr
7 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.2 L/yr
9 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr

View all

Similar Designation salaries in National Payments Corporation of India

Deputy Manager Salary

(63 salaries)

₹6 L/yr - ₹15.3 L/yr

Lead Product Manager Salary

(24 salaries)

₹15 L/yr - ₹30 L/yr

Senior Product Manager Salary

(12 salaries)

₹13 L/yr - ₹20 L/yr

Product Lead Salary

(8 salaries)

₹15.4 L/yr - ₹25 L/yr

Project Manager Salary

(7 salaries)

₹9 L/yr - ₹27 L/yr

Senior Project Manager Salary

(3 salaries)

₹17 L/yr - ₹32 L/yr

Top skills at National Payments Corporation of India for Product Manager

UAT Brd Product Management Product Development Payments Governance Compliance Management Product Life Cycle Management Product Development Audit Management Product Management

Salary related reviews for National Payments Corporation of India

2.9

Rated by 7 employees for salary & benefits

Data Scientist in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

5.0

• posted on 14 Oct 2024

5.0

for Salary and Benefits

Likes

NPCI provides competitive salary, great learning opportunities, great learning opportunities, and a sense of job security. It is a company where you feel valued and encouraged to develop your skills.

Salary - Excellent

+6 more

Dislikes

Nothing that I dislike about NPCI.

Finance Executive in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 16 Apr 2024

5.0

for Salary and Benefits

Likes

I have experienced consistent and rewarding salary increments during my tenure at NPCI. It is a testament to the organizations commitment to recognizing and rewarding employees benefits.

Salary - Excellent

+6 more

Dislikes

There is no cons in this company.

Senior Associate in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

3.0

• posted on 01 Nov 2024

2.0

for Salary and Benefits

Likes

Brand image Opportunity to work on financial projects with open source technologies.

Skill development - Good

Dislikes

...essary inflating the CTC. FIXED is so low that employee will go into depression. Being a semi government company the compensation policy is worst than private companies. Everyday office. Less public holidays. No Diwali / Birthdays gifts. Stagnant growth due to appraisal on the bell curve system. They expect team work and smooth coordination along with bell curve. Poor management.

Salary - Poor

+2 more

Senior Associate in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 06 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing. A terrible company with terrible management.

Dislikes

...nothing but a zoo. Huge crowd and terrible food offerings that too are not free. Employee has to pay for the food. Management: The most unskillled management. Bunch of confused folks, not knowing what to do with the product and have 0 vision of there own projects.

Salary - Bad

+4 more

Developer Associate in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 20 Jun 2023

1.0

for Salary and Benefits

Likes

Only good thing is the exposure to cutting edge technologies and the opportunity to learn a product development from scratch.

Skill development - Excellent

+1 more

Dislikes

...st culture and no work-life balance. Lots of corporate politics and favouritism. Very less salary hikes. Senior management is very bad.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

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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National Payments Corporation of India Product Manager Salary FAQs

What is the salary of Product Manager at National Payments Corporation of India in Mumbai?

The average salary of a Product Manager at National Payments Corporation of India in Mumbai typically ranges from ₹8.9 Lakhs to ₹25.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Product Manager in Mumbai at National Payments Corporation of India earn more than ₹23.7 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Product Manager Salaries at National Payments Corporation of India 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 40+ National Payments Corporation of India employees in India.

What is the estimated take home salary of a Product Manager at National Payments Corporation of India in Mumbai?

The estimated take-home salary of a Product Manager at National Payments Corporation of India in Mumbai typically ranges from ₹1,09,093 to ₹1,12,108 per month. This is based on the average salary range of ₹8.9 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from Fresher 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 40+ salaries received from various employees of National Payments Corporation of India. 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 National Payments Corporation of India in Mumbai?

To be a Product Manager at National Payments Corporation of India in Mumbai, the key skills required include:

- UAT
- Brd
- Product Management
- Product Development
- Payments

These skills are highly valued at National Payments Corporation of India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than National Payments Corporation of India for Product Manager in India?

Morningstar	₹14.8 Lakhs to ₹32.5 Lakhs per year
Pine Labs	₹18.1 Lakhs to ₹30.0 Lakhs per year
Oyo Rooms	₹18.0 Lakhs to ₹26.3 Lakhs per year
Quantiphi Analytics Solutions Private Limited	₹19.0 Lakhs to ₹22.1 Lakhs per year
Fractal Analytics	₹13.9 Lakhs to ₹29.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to National Payments Corporation of India in Mumbai?

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

Aditya Birla Health Insurance Co

₹9.0 Lakhs to ₹25.5 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 National Payments Corporation of India in Mumbai?

The salary growth for a Product Manager at National Payments Corporation of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at National Payments Corporation of India:

Experience	Average Salary Range
Fresher	₹13.1 Lakhs to ₹16.5 Lakhs per year
1 year	₹14.0 Lakhs to ₹24.0 Lakhs per year
2 years	₹12.0 Lakhs to ₹24.0 Lakhs per year
3 years	₹8.9 Lakhs to ₹16.0 Lakhs per year

and so on.

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National Payments Corporation of India Product Manager Salaries in Mumbai

National Payments Corporation of India Product Manager salary in Mumbai ranges between ₹8.9 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 National Payments Corporation of India latest salaries received from various employees of National Payments Corporation of India.

National Payments Corporation of India Product Manager salaries in Mumbai (Updated 2025)

Companies similar to National Payments Corporation of India for Product Manager in Mumbai

Latest annual salaries shared by National Payments Corporation of India Product Manager in Mumbai

Experience wise National Payments Corporation of India Product Manager salaries in Mumbai

Similar Designation salaries in National Payments Corporation of India

Top skills at National Payments Corporation of India for Product Manager

Salary related reviews for National Payments Corporation of India

Data Scientist in Hyderabad / Secunderabad

Finance Executive in Mumbai

Senior Associate in Hyderabad / Secunderabad

Senior Associate in Hyderabad / Secunderabad

Developer Associate in Hyderabad / Secunderabad

National Payments Corporation of India Product Manager Salary FAQs

Tell us how to improve this page.