Shriram Finance Indore Product Manager Salaries by 4 Employees

5 - 8 years exp.

₹4.2 Lakhs - ₹5.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

70% less than the average Product Manager Salary in NBFC Companies for 5 - 8 years of experience

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Salaries in different departments

Finance & Accounting Product Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.2 L/yr
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Sales & Business Development Product Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.5 L/yr

Last Updated: 1 Feb 2024

Companies similar to Shriram Finance for Product Manager in Indore

Shriram Finance Product Manager Salary

5 - 8 years exp. (4 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Product Manager Salary 5 - 18 years exp. (12 salaries)	₹8 L/yr - ₹33.2 L/yr 274% more
VE Commercial Vehicles Product Manager Salary 1 - 9 years exp. (9 salaries)	₹8 L/yr - ₹18 L/yr 123% more
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Diaspark Infotech Product Manager Salary 1 - 4 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 257% more
Viscus Infotech Product Manager Salary 7 - 8 years exp. (4 salaries)	₹6.1 L/yr - ₹12.2 L/yr 71% more
Prefme Matrix Product Manager Salary 2 - 6 years exp. (4 salaries)	₹4.9 L/yr - ₹8.5 L/yr 32% more

Product Manager salary at Shriram Finance ranges between ₹4.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Product Manager salaries in Indore

Last Updated: 1 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

Similar Designation salaries in Shriram Finance

Senior Relationship Executive Salary

(30 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Management Trainee Salary

(8 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Assistant Relationship Manager Salary

(3 salaries)

₹2.4 L/yr - ₹5 L/yr

Top skills at Shriram Finance for Product Manager

Product Innovation Product Design Product Life Cycle Management Product Development Product Planning Product Strategy Product Management

Salary related reviews for Shriram Finance

Product Manager

Finance & Accounting Department

5.0

• posted on 10 Feb 2019

5.0

for Salary and Benefits

Likes

shriram transport is corporate company and job security ,high quality prouducts and has a global client base

Salary - Excellent

+6 more

Dislikes

compensation is decent ,but growth is slow.the work pressure is very high .but branch manager are not recognize me

Deputy Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

Best Working culture, seniors very supportive, friendly, lots of learning, we get a chance to explore ourself, lots of opportunities for learning new things. Equal treatment. Treating as one family.

Salary - Good

+6 more

Dislikes

...nough per year but salary increment is poor. it does not meet our requirements . Salary hike very low.

Deputy Manager in Indore

Full Time

Business Processing Department

3.0

• posted on 30 May 2021

3.0

for Salary and Benefits

Likes

Salary is always credited on time.

Job security - Good

Dislikes

... employee they have to do GI,LI,FD,RD,Medical Insurance,PA,PL,Sl and collection.Slow growth and salary is very low.

Skill development - Poor

+3 more

Deputy Manager in Tiruchirappalli

BFSI, Investments & Trading Department

4.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

I didn't get my recognition because of the management level is worst. Company policies are good but salary hike is only higher level. Proudly saying they give bonus every year.

Company culture - Good

Dislikes

Am worked 8 years of our concern but I didn't get my recognition. Very lower salary given. Career development is zero. There is lot of politics unfortunately I resigned my job.

Skill development - Poor

+4 more

Deputy Manager in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 30 Mar 2019

2.0

for Salary and Benefits

Likes

Skill development and learning in very good Freshers know about NBFC all aspects in this company. Credit policy good.

Skill development - Good

Dislikes

Work life balance very poor. Salary and increment very low. Company reduce incentives certain periodical wise for accounts and Back office peoples

Salary - Poor

+2 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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Shriram Finance Product Manager Salary FAQs

What is the salary of Product Manager at Shriram Finance in Indore?

The average salary of a Product Manager at Shriram Finance in Indore typically ranges from ₹4.2 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Product Manager in Indore at Shriram Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Product Manager Salaries at Shriram Finance 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 Shriram Finance employees in India.

What is the estimated take home salary of a Product Manager at Shriram Finance in Indore?

The estimated take-home salary of a Product Manager at Shriram Finance in Indore typically ranges from ₹37,434 to ₹38,637 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 5 years to 8 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 Shriram Finance. 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 Shriram Finance in Indore?

To be a Product Manager at Shriram Finance in Indore, the key skills required include:

- Product Innovation
- Product Design
- Product Life Cycle Management
- Product Development
- Product Planning

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

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

TCS	₹8.0 Lakhs to ₹33.2 Lakhs per year
Diaspark Infotech	₹14.0 Lakhs to ₹20.0 Lakhs per year
VE Commercial Vehicles	₹8.0 Lakhs to ₹18.0 Lakhs per year
Viscus Infotech	₹6.1 Lakhs to ₹12.2 Lakhs per year
Prefme Matrix	₹4.9 Lakhs to ₹8.5 Lakhs per year

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

How the salary growth look like for a Product Manager at Shriram Finance in Indore?

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

Experience	Average Salary Range
5 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
7 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
8 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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Shriram Finance Product Manager Salaries in Indore

Shriram Finance Product Manager salary in Indore ranges between ₹4.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Finance latest salaries received from various employees of Shriram Finance.