State Bank of Mauritius Product Manager Salaries by 8 Employees (Updated 2025)

1 - 10 years exp.

₹12.5 Lakhs - ₹18.5 Lakhs

Salary of majority employees

35% less than the average Product Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

Product Management Product Manager Salary 4 - 6 years exp. (4 salaries)	₹13.5 L/yr - ₹14.5 L/yr
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BFSI, Investments & Trading Product Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹18.5 L/yr

Last Updated: 19 Mar 2025

Companies similar to State Bank of Mauritius for Product Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Product Manager Salary 0 - 10 years exp. (2.9k salaries)	₹7.5 L/yr - ₹27.1 L/yr 24% more
HDFC Bank Product Manager Salary 0 - 14 years exp. (821 salaries)	₹7 L/yr - ₹25 L/yr 7% more
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Oaknorth Bank Product Manager Salary 7 - 13 years exp. (8 salaries)	₹22 L/yr - ₹48 L/yr 155% more
Shinhan Bank Product Manager Salary 5 - 14 years exp. (6 salaries)	₹11 L/yr - ₹12.5 L/yr 16% less
Bank Muscat Product Manager Salary 2 - 13 years exp. (5 salaries)	₹9 L/yr - ₹35 L/yr 49% more
MBB LABS Product Manager Salary 3 - 25 years exp. (5 salaries)	₹21 L/yr - ₹60 L/yr 187% more

Product Manager salary at State Bank of Mauritius ranges between ₹12.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 8 latest salaries received from various employees of State Bank of Mauritius.

Experience wise State Bank of Mauritius Product Manager salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.5 L/yr
2 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
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3 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
4 years (3 salaries)	₹13.5 L/yr - ₹14.5 L/yr
5 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹25.4 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.1 L/yr
7 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
8 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹25.4 L/yr
9 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹18.5 L/yr

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Similar Designation salaries in State Bank of Mauritius

Project Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹43.2 L/yr - ₹55.2 L/yr

Deputy Manager Salary

(36 salaries)

₹6 L/yr - ₹11.5 L/yr

Senior Product Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Business Analyst Salary

(6 salaries)

₹9 L/yr - ₹11.4 L/yr

Assistant Vice President Salary

(7 salaries)

₹22 L/yr - ₹32.83 L/yr

Salary related reviews for State Bank of Mauritius

1.3

Rated by 2 employees for salary & benefits

Senior MIS Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 29 Nov 2024

2.0

for Salary and Benefits

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Nothing Likes to say

Dislikes

...ing to select job at SBM / Regreated / different KRA Different role given Worst Culture & worst seniors & fukat ka salary kha rhe hai/ kaam saara juniors kar rhe hai/ worst Canteen /

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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State Bank of Mauritius Product Manager Salary FAQs

What is the salary of Product Manager at State Bank of Mauritius ?

The average salary of a Product Manager at State Bank of Mauritius in India typically ranges from ₹12.5 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Product Manager at State Bank of Mauritius earn more than ₹17.3 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Product Manager Salaries at State Bank of Mauritius 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 8 State Bank of Mauritius employees in India.

What is the estimated take home salary of a Product Manager at State Bank of Mauritius in India?

The estimated take-home salary of a Product Manager at State Bank of Mauritius in India typically ranges from ₹98,249 to ₹1,00,915 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 1 year to 10 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 8 salaries received from various employees of State Bank of Mauritius. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than State Bank of Mauritius for Product Manager in India?

MBB LABS	₹21.0 Lakhs to ₹60.0 Lakhs per year
Oaknorth Bank	₹22.0 Lakhs to ₹48.0 Lakhs per year
Bank Muscat	₹9.0 Lakhs to ₹35.0 Lakhs per year
ICICI Bank	₹7.5 Lakhs to ₹27.1 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to State Bank of Mauritius in India?

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

Shinhan Bank

₹11.0 Lakhs to ₹12.5 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 State Bank of Mauritius in India?

The salary growth for a Product Manager at State Bank of Mauritius depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at State Bank of Mauritius:

Experience	Average Salary Range
1 year	₹5.6 Lakhs to ₹14.5 Lakhs per year
2 years	₹12.7 Lakhs to ₹16.2 Lakhs per year
3 years	₹12.7 Lakhs to ₹16.2 Lakhs per year
4 years	₹13.5 Lakhs to ₹14.5 Lakhs per year

and so on.

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State Bank of Mauritius Product Manager Salaries

State Bank of Mauritius Product Manager salary in India ranges between ₹12.5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 State Bank of Mauritius latest salaries received from various employees of State Bank of Mauritius.