Shinhan Bank Mumbai Product Manager Salaries by 6 Employees (Updated 2025)

5 - 14 years exp.

₹11 Lakhs - ₹12.5 Lakhs

Salary of majority employees

43% less than the average Product Manager Salary in Banking Companies for 5 - 14 years of experience

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Last Updated: 18 Mar 2024

Companies similar to Shinhan Bank for Product Manager in Mumbai

Shinhan Bank Product Manager Salary

5 - 14 years exp. (6 salaries)

₹11 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Product Manager Salary 2 - 10 years exp. (14 salaries)	₹11 L/yr - ₹27 L/yr 110% more
ICICI Bank Product Manager Salary 0 - 12 years exp. (2k salaries)	₹7.5 L/yr - ₹27 L/yr 50% more
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HDFC Bank Product Manager Salary 0 - 13 years exp. (536 salaries)	₹6 L/yr - ₹25 L/yr 26% more
Axis Bank Product Manager Salary 1 - 11 years exp. (423 salaries)	₹7.9 L/yr - ₹29.5 L/yr 47% more
Kotak Mahindra Bank Product Manager Salary 0 - 10 years exp. (410 salaries)	₹6 L/yr - ₹25 L/yr 23% more
IndusInd Bank Product Manager Salary 0 - 8 years exp. (37 salaries)	₹8 L/yr - ₹33.5 L/yr 63% more	1 job opening
Yes Bank Product Manager Salary 0 - 10 years exp. (190 salaries)	₹7.2 L/yr - ₹26.4 L/yr 50% more	1 job opening
Bank of Baroda Product Manager Salary 4 - 13 years exp. (5 salaries)	₹6.8 L/yr - ₹20 L/yr 21% more
Federal Bank Product Manager Salary 1 - 9 years exp. (10 salaries)	₹12 L/yr - ₹17 L/yr 42% more
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (372 salaries)	₹8.5 L/yr - ₹30 L/yr 64% more	1 job opening
RBL Bank Product Manager Salary 1 - 13 years exp. (70 salaries)	₹5.9 L/yr - ₹21 L/yr 7% more	1 job opening
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The Saraswat Co-operative Bank Product Manager Salary 4 - 13 years exp. (5 salaries)	₹7.8 L/yr - ₹12.6 L/yr 11% less
IDBI Bank Product Manager Salary 8 - 13 years exp. (4 salaries)	₹16 L/yr - ₹28 L/yr 78% more
Ujjivan Small Finance Bank Product Manager Salary 3 - 6 years exp. (4 salaries)	₹10.5 L/yr - ₹29 L/yr 43% more	1 job opening

Product Manager salary at Shinhan Bank ranges between ₹11 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Shinhan Bank.

Experience wise Shinhan Bank Product Manager salaries in Mumbai

Last Updated: 18 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
10 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
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11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr

Similar Designation salaries in Shinhan Bank

Assistant Vice President Salary

(15 salaries)

₹12.05 L/yr - ₹25 L/yr

Deputy Manager Salary

(7 salaries)

₹6.3 L/yr - ₹15 L/yr

Salary related reviews for Shinhan Bank

Rated by 1 employees for salary & benefits

Operations Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Aug 2023

2.0

for Salary and Benefits

Likes

Korean staff are polite and always try to help their Indian staff

Work-life balance - Good

Dislikes

Most of the seniors are chilling and taking a huge amount of salary whereas juniors are doing lots of work and not getting any recognition

Salary - Poor

+2 more

Vice President-Relationship Manager in Chennai

Full Time

Marketing & Communication Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Working environment..

Skill development - Good

+3 more

Dislikes

At the time of promotion- salary Revision was not good for above M1 level.. Suggestion Grade wise salary was differ, if possible make the grade wise same salary to the employees it's better for shinhan family .

Assistant Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 09 May 2024

3.0

for Salary and Benefits

Likes

... and have unity. Some staff ate there who don't need to support the Korean boss. To increase salary and promotion.

Skill development - Good

+2 more

Dislikes

Korean staff do not treat Indian staff well. They treat us like maids. The HR department also supports Korean people to protect their jobs. In fact, the government has implemented laws to regulate the treatment of foreign individuals who come to India for their enjoyment and to prevent mistreatment of Indian people.

Assistant Manager in New Delhi

Full Time

Other Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

No issues for taking leaves, Bosses are very cooperative and understanding here. One can easily finish their work and leave the office on time, So work and personal can be managed.

Job security - Good

+3 more

Dislikes

Systems are not employees friendly. Working process is almost manual based. Not a good place for learning as they have Very less products of banking.

Manager in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 22 Aug 2024

5.0

for Salary and Benefits

Likes

Work culture is good and staff is well mannered and professional.

Salary - Excellent

+3 more

Dislikes

Employee Connectivity with Korean Managers is terrible only few person is allowed to meet them, also they are not flexible with statement.

Job security - Bad

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Shinhan Bank Product Manager Salary FAQs

What is the salary of Product Manager at Shinhan Bank Mumbai?

Product Manager salary at Shinhan Bank in Mumbai ranges between ₹11.0 Lakhs to ₹12.5 Lakhs for experience between 5 years to 14 years. According to our estimates it is 43% less than the average Product Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Shinhan Bank Mumbai.

How does the salary of a Product Manager at Shinhan Bank Mumbai compare with the average salary range for this job?

The average salary of a Product Manager at Shinhan Bank is 43% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Shinhan Bank to a Product Manager in Mumbai?

State Bank of India Product Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year
IDBI Bank Product Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year
IDFC FIRST Bank Product Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
IndusInd Bank Product Manager Salary - ₹8.0 Lakhs to ₹33.5 Lakhs per year
Yes Bank Product Manager Salary - ₹7.2 Lakhs to ₹26.4 Lakhs per year

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

ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Axis Bank Product Manager Salary - ₹7.9 Lakhs to ₹29.5 Lakhs per year
Ujjivan Small Finance Bank Product Manager Salary - ₹10.5 Lakhs to ₹29.0 Lakhs per year
Federal Bank Product Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
HDFC Bank Product Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Product Manager at Shinhan Bank ranges between ₹83,142 per month to ₹85,313 per month in Mumbai. The take-home salary calculation is based on the average Shinhan Bank Product Manager salary in India which ranges between ₹11.0 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Shinhan Bank in Mumbai?

According to AmbitionBox, 57% of the Shinhan Bank Product Managers in Mumbai reported a notice period of 1 Month, 43% reported a notice period of 3 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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Shinhan Bank Product Manager Salaries in Mumbai

Shinhan Bank Product Manager salary in Mumbai ranges between ₹11 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shinhan Bank latest salaries received from various employees of Shinhan Bank.