SMARTe Mumbai Product Manager Salaries by 9 Employees (Updated 2025)

4 - 16 years exp.

₹11.6 Lakhs - ₹17 Lakhs

Salary of majority employees

31% less than the average Product Manager Salary in IT Services & Consulting Companies for 4 - 16 years of experience

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Last Updated: 15 Mar 2025

Companies similar to SMARTe for Product Manager in Mumbai

SMARTe Product Manager Salary

4 - 16 years exp. (9 salaries)

₹11.6 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Product Manager Salary 0 - 10 years exp. (2k salaries)	₹7.5 L/yr - ₹27 L/yr 25% more
HDFC Bank Product Manager Salary 0 - 14 years exp. (621 salaries)	₹7 L/yr - ₹25.6 L/yr 9% more
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Axis Bank Product Manager Salary 0 - 10 years exp. (438 salaries)	₹7 L/yr - ₹27.2 L/yr 19% more
Kotak Mahindra Bank Product Manager Salary 0 - 12 years exp. (425 salaries)	₹6.5 L/yr - ₹25 L/yr 7% more	1 job opening
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (362 salaries)	₹8.5 L/yr - ₹30 L/yr 37% more

Product Manager salary at SMARTe ranges between ₹11.6 Lakhs to ₹17 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of SMARTe.

Experience wise SMARTe Product Manager salaries in Mumbai

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹22.5 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.3 L/yr
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6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13.3 L/yr
7 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
8 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
9 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
10 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹25.2 L/yr
11 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹25.6 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹14.9 L/yr
13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹14.9 L/yr
14 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
15+ years (AmbitionBox Estimate)	₹6.1 L/yr - ₹17 L/yr

View all

Similar Designation salaries in SMARTe

Associate Product Manager Salary

(6 salaries)

₹4.73 L/yr - ₹9.2 L/yr

Top skills at SMARTe for Product Manager

Product Management Product Strategy CRM Machine Learning Product Launch Coding Market Research Competitive Analysis Product Development Product Life Cycle Management Usability Testing Product Positioning Go-to-market Strategy Product Conceptualization Google Analytics

Salary related reviews for SMARTe

Product Manager in Vadodara

Full Time

Sales & Business Development Department

5.0

• posted on 23 Sep 2018

5.0

for Salary and Benefits

Likes

It is one of the best company in Vadodara which give best support and career growth , salary, work environment and over all best. My own experience was very best in last one year...

Salary - Excellent

+6 more

Dislikes

Liberal with employee

Senior Software Tester in Navi Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 Feb 2023

2.0

for Salary and Benefits

Likes

Overall good work environment. Good company for freshers. Good company for learning and skills development.

Job security - Good

+2 more

Dislikes

Need to provide more benefits. Need to approve leave policies. Need to provide satisfactory salary & benefits for old employees.

Salary - Poor

Junior Research Associate in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

4.0

• posted on 27 Jan 2022

2.0

for Salary and Benefits

Likes

Great organisation to begin your career with. A lot of learning opportunities. Great projects in consumer healthcare spectrum. Wide scope for knowledge about primary & secondary research.

Skill development - Good

+3 more

Dislikes

The salary is quite low, in accordance to work-life-balance. There are many other companies out there with way better pay scale. Might hurt your resume to work at low package. However, the learning compensates the loss of salary.

Salary - Poor

+1 more

Senior Data Analyst in Navi Mumbai

Data Science & Analytics Department

4.0

• posted on 02 Jun 2020

3.0

for Salary and Benefits

Likes

company is providing timely salary to all its employees in such tough period also and no employee layoffs

Job security - Excellent

+4 more

Dislikes

IF you are permanent employee in smarte than your salary hike rate is very low compared with new joinees

Verification Analyst in Navi Mumbai

Bespoke VR Department

3.0

• posted on 09 Oct 2019

1.0

for Salary and Benefits

Likes

Weekends off. Mobile phones are allowed to keep it with you.

Dislikes

... is not paid as mentioned on paper they will pay way less. Nothing new to learn. Salary increments are as good as nothing. You can expect 500 rs increment on yearly basis. No pick and drop available no security provided to girls after the night shift is over.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SMARTe Product Manager Salary FAQs

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

The average salary of a Product Manager at SMARTe in Mumbai typically ranges from ₹11.6 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Product Manager in Mumbai at SMARTe earn more than ₹16.1 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Product Manager Salaries at SMARTe 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 9 SMARTe employees in India.

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

The estimated take-home salary of a Product Manager at SMARTe in Mumbai typically ranges from ₹97,535 to ₹1,00,177 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 4 years to 16 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 9 salaries received from various employees of SMARTe. 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 SMARTe in Mumbai?

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

- Product Management
- Product Strategy
- CRM
- Machine Learning
- Product Launch

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

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

IDFC FIRST Bank	₹8.5 Lakhs to ₹30.0 Lakhs per year
ICICI Bank	₹7.5 Lakhs to ₹27.0 Lakhs per year
Axis Bank	₹7.0 Lakhs to ₹27.2 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹25.6 Lakhs per year
Kotak Mahindra Bank	₹6.5 Lakhs to ₹25.0 Lakhs per year

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

How the salary growth look like for a Product Manager at SMARTe in Mumbai?

The salary growth for a Product Manager at SMARTe 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 SMARTe:

Experience	Average Salary Range
4 years	₹11.6 Lakhs to ₹22.5 Lakhs per year
5 years	₹5.1 Lakhs to ₹13.3 Lakhs per year
6 years	₹5.2 Lakhs to ₹13.3 Lakhs per year
7 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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SMARTe Product Manager Salaries in Mumbai

SMARTe Product Manager salary in Mumbai ranges between ₹11.6 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SMARTe latest salaries received from various employees of SMARTe.