PhonePe Mumbai Product Manager Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹15 Lakhs - ₹30.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% more than the average Product Manager Salary in FinTech Companies for 2 - 6 years of experience

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Last Updated: 24 Mar 2025

Companies similar to PhonePe for Product Manager in Mumbai

PhonePe Product Manager Salary

2 - 6 years exp. (4 salaries)

₹15 L/yr - ₹30.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Paytm Product Manager Salary 1 - 8 years exp. (37 salaries)	₹12.5 L/yr - ₹33.2 L/yr 8% less	6 job openings
Mswipe Technologies Product Manager Salary 0 - 4 years exp. (18 salaries)	₹6 L/yr - ₹19 L/yr 55% less	1 job opening
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MasterCard Product Manager Salary 3 - 15 years exp. (12 salaries)	₹25 L/yr - ₹46.5 L/yr 51% more	16 job openings
Angel One Product Manager Salary 2 - 6 years exp. (11 salaries)	₹11.4 L/yr - ₹32 L/yr 11% less
PayU Payments Product Manager Salary 3 - 7 years exp. (9 salaries)	₹14.8 L/yr - ₹36 L/yr 5% less
Visa Product Manager Salary 2 - 9 years exp. (8 salaries)	₹22.1 L/yr - ₹58 L/yr 51% more	2 job openings
Razorpay Product Manager Salary 2 - 7 years exp. (5 salaries)	₹20 L/yr - ₹38 L/yr At par
Hitachi Payment Services Product Manager Salary 2 - 11 years exp. (5 salaries)	₹11.3 L/yr - ₹13 L/yr 56% less

Product Manager salary at PhonePe ranges between ₹15 Lakhs to ₹30.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of PhonePe.

Experience wise PhonePe Product Manager salaries in Mumbai

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.9 L/yr
3 years (AmbitionBox Estimate)	₹22.9 L/yr - ₹29.2 L/yr
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4 years (AmbitionBox Estimate)	₹24 L/yr - ₹30.6 L/yr
5 years (AmbitionBox Estimate)	₹25 L/yr - ₹32 L/yr
6 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.4 L/yr

Similar Designation salaries in PhonePe

Business Development Executive Salary

(31 salaries)

₹1.7 L/yr - ₹4 L/yr

Sales Executive Salary

(21 salaries)

₹2 L/yr - ₹4.2 L/yr

Business Development Associate Salary

(14 salaries)

₹3 L/yr - ₹5.6 L/yr

Operations Analyst Salary

(11 salaries)

₹5 L/yr - ₹11.6 L/yr

Category Manager Salary

(4 salaries)

₹22 L/yr - ₹32 L/yr

Top skills at PhonePe for Product Manager

Analytical Analytics Financial Services Medical Insurance travel insurance Automation Wellness Leasing Application Development Analytical Chemistry Data Analytics Medical Insurance Product Management stock broking Financial Services

Salary related reviews for PhonePe

Relationship Premium Accounts Manager in Nagpur

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• posted on 13 Mar 2025

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Nothing

Dislikes

They show you their message or job post with the maximum Salary of 4.5 LPA and the HR starts offering you from 1.8LPA and last she offers to the 5 years sales experienced guy is 2.5LPA and for freshers she only gives 1.2LPA to 1.8 LPA

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Salary - Excellent

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Company politics destroy your career, East delhi state head like shahid khan ZSM & HR all involve to safe his job. They hired TSM for 6 month then give him notice period then after forcefully resigned. Don't enter in this company there management is really destory your CV.

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Dislikes

No good job salary kam dete hai full time me 21000₹ batate or dete 12000₹ or full duty karo tm ya hall hai tel ka bataya tha vah bhi company nhi diya hai or leave lete nhi leave dikhaya jata hai salary com aye yah dasa hai company ko

Salary - Bad

Business Development Associate in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 19 Jun 2024

2.0

for Salary and Benefits

Likes

There is a target based salary,and if you achieved target you will get basic salary but don't expect you will get incentive , manager gives you a lot of pressure ...and always saying u resign if u would not achieve your target ... , the company's clear funda ..

Dislikes

All the things is bad......if you are complaint for your manager behaviour HR don't here your opinion ......

Salary - Poor

+5 more

Operations Analyst in Bangalore / Bengaluru

Full Time

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4.0

• posted on 14 Aug 2024

3.0

for Salary and Benefits

Likes

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Job security - Good

Dislikes

Cab costs 1500 deduction from salary, you won't grow or learn anything useful but it's a window dressing that they do is what they like to show. Too much of favouritism and biasness. Career Path Projects are a trap. Affairs inside the office and terrible moulding of bau of their people making exceptional cases. All manipulation and show off in LGBTQ community though giving none importance to mental health and even physical be it even pregnancy. Birthday leave, marriage leave, mourning leaves etc are not there anymore.

Skill development - Poor

+1 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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PhonePe Product Manager Salary FAQs

What is the salary of Product Manager at PhonePe in Mumbai?

The average salary of a Product Manager at PhonePe in Mumbai typically ranges from ₹15.0 Lakhs to ₹30.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Product Manager in Mumbai at PhonePe earn more than ₹30.5 Lakhs per year, and the top 1% earn over ₹30.5 Lakhs per year. Product Manager Salaries at PhonePe 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 4 PhonePe employees in India.

What is the estimated take home salary of a Product Manager at PhonePe in Mumbai?

The estimated take-home salary of a Product Manager at PhonePe in Mumbai typically ranges from ₹1,70,314 to ₹1,76,878 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹30.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 salaries received from various employees of PhonePe. 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 PhonePe in Mumbai?

To be a Product Manager at PhonePe in Mumbai, the key skills required include:

- Analytical
- Analytics
- Financial Services
- Medical Insurance
- travel insurance

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

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

Visa	₹22.1 Lakhs to ₹58.0 Lakhs per year
MasterCard	₹25.0 Lakhs to ₹46.5 Lakhs per year
Razorpay	₹20.0 Lakhs to ₹38.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to PhonePe in Mumbai?

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

PayU Payments	₹14.8 Lakhs to ₹36.0 Lakhs per year
Paytm	₹12.5 Lakhs to ₹33.2 Lakhs per year
Angel One	₹11.4 Lakhs to ₹32.0 Lakhs per year
Mswipe Technologies	₹6.0 Lakhs to ₹19.0 Lakhs per year
Hitachi Payment Services	₹11.3 Lakhs to ₹13.0 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 PhonePe in Mumbai?

The salary growth for a Product Manager at PhonePe 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 PhonePe:

Experience	Average Salary Range
2 years	₹21.8 Lakhs to ₹27.9 Lakhs per year
3 years	₹22.9 Lakhs to ₹29.2 Lakhs per year
4 years	₹24.0 Lakhs to ₹30.6 Lakhs per year
5 years	₹25.0 Lakhs to ₹32.0 Lakhs per year

and so on.

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PhonePe Product Manager Salaries in Mumbai

PhonePe Product Manager salary in Mumbai ranges between ₹15 Lakhs to ₹30.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PhonePe latest salaries received from various employees of PhonePe.