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Mphasis Product Manager salaries in India (Updated 2025)

Annual salary range
5 - 14 years exp.
₹16.1 Lakhs - ₹26 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Product Manager Salary at Mphasis ranges between ₹16.1 Lakhs to ₹26 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 13 latest salaries received from various... Read more

At par with the average Product Manager Salary in IT Services & Consulting Companies for 5 - 14 years of experience

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Last Updated: 18 Mar 2025

Companies similar to Mphasis for Product Manager

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₹22.5 L/yr - ₹38.5 L/yr

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Hexaware Technologies Product Manager Salary

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₹15.5 L/yr - ₹26 L/yr

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9 - 19 years exp. (22 salaries)

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₹22.5 L/yr - ₹40 L/yr

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Kyndryl Product Manager Salary

6 - 22 years exp. (19 salaries)

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₹31.1 L/yr - ₹53 L/yr

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Innova Solutions Product Manager Salary

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₹15.5 L/yr - ₹29.4 L/yr

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View all

Mphasis Product Manager salaries by

Years of experience Avg. annual salary
5 years (AmbitionBox Estimate)

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₹16.7 L/yr - ₹21.3 L/yr
6 years (AmbitionBox Estimate)

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₹17.2 L/yr - ₹22 L/yr
7 years (AmbitionBox Estimate)

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₹17.8 L/yr - ₹22.7 L/yr
8 years  (4 salaries)

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₹16.1 L/yr - ₹24.5 L/yr
9 years (AmbitionBox Estimate)

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₹18.8 L/yr - ₹24.1 L/yr
View all salaries by experience

Similar Designation Salaries at Mphasis

Similar Designation Avg. annual salary
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₹10.8 L/yr - ₹36 L/yr

Production Manager Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr

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₹9.5 L/yr - ₹26 L/yr

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₹15.7 L/yr - ₹39 L/yr

Lead Product Manager Salary
(AmbitionBox Estimate)
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₹33.4 L/yr - ₹42.7 L/yr

Group Product Manager Salary
(AmbitionBox Estimate)
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₹43.6 L/yr - ₹55.7 L/yr

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₹16.5 L/yr - ₹28.5 L/yr

Deputy Manager Salary
(AmbitionBox Estimate)
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₹27.8 L/yr - ₹35.5 L/yr

Scrum Master Salary
(182 salaries)
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₹9.1 L/yr - ₹32 L/yr

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₹12 L/yr - ₹36 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Mphasis

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

3.0
  •  updated on 10 Aug 2024

3.0
 for  Salary and Benefits

Likes

Complete work from home or hybrid options available in quite few projects

  • Skill development - Good
  • +1 more

Dislikes

No salary revision for 3 years in a row making employees unhappy. Shift allowance policy is bad compared to industry standards. Bench policy worst with sabattucal from 2nd month onwards on bench.

read more
  • Promotions - Poor

Full Time

 · 

Product Management Department

2.0
  •  updated on 10 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary on time, means 1st of each month.

Dislikes

Very Bad Bench Policy. There is Paycut 50 % and 100% if you are in Bench for more than 1 month. No Appraisal for last 2 years No Variable is paid since last 1 year.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Project & Program Management Department

3.0
  •  updated on 08 Nov 2022

2.0
 for  Salary and Benefits

Likes

Some of the great leaders to work with & learn from, but only if you are luck. Most leaders just follow rule book and don't think out-of-the box

read more

Dislikes

...away without doing any work No delivery leaders owns people care & their growth. They don't have any authority on matters like salary hike and say everything is driven from 'top' ! No recognition or a thought for old timers even if they deserve much more salary or better role.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  updated on 01 Sep 2022

3.0
 for  Salary and Benefits

Likes

Work life balance while working in HP account.

  • Job security - Good
  • +1 more

Dislikes

...imation from HR about it although appraisal rating process completed in time. 3. Decided not to pay the quarterly variable pay without informing the reason.

read more
  • Skill development - Bad
  • +2 more

Quality Assurance Department

4.0
  •  updated on 28 May 2022

4.0
 for  Salary and Benefits

Likes

...on * Tax benefits are good E.g. Sodexo Food Card, Fuel and Vehicle maintenance * Variable Pay contribution is less

read more
  • Salary - Good
  • +5 more

Dislikes

* Salary hike would be single digit * Promotion hike as well single digit

see more salary related reviews

Mphasis Product Manager Salary FAQs

What is the salary of Product Manager at Mphasis ?
The average salary of a Product Manager at Mphasis in India typically ranges from ₹16.1 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Product Manager at Mphasis earn more than ₹25.2 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Product Manager Salaries at Mphasis 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 10+ Mphasis employees in India.
What is the estimated take home salary of a Product Manager at Mphasis in India?
The estimated take-home salary of a Product Manager at Mphasis in India typically ranges from ₹1,39,840 to ₹1,45,026 per month. This is based on the average salary range of ₹16.1 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 5 years to 14 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 10+ salaries received from various employees of Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mphasis for Product Manager in India?
Kyndryl ₹31.1 Lakhs to ₹53.0 Lakhs per year
Optum Global Solutions ₹26.0 Lakhs to ₹45.0 Lakhs per year
Nagarro ₹25.3 Lakhs to ₹40.0 Lakhs per year
Persistent Systems ₹23.5 Lakhs to ₹40.0 Lakhs per year
Societe Generale Global Solution Centre ₹22.5 Lakhs to ₹39.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mphasis, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to Mphasis in India?
The salary of a Product Manager at companies similar to Mphasis in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

EXL Service ₹22.5 Lakhs to ₹38.5 Lakhs per year
CGI Group ₹22.5 Lakhs to ₹40.0 Lakhs per year
Fujitsu ₹6.2 Lakhs to ₹38.2 Lakhs per year
Bosch Global Software Technologies ₹20.9 Lakhs to ₹35.1 Lakhs per year
AGS Health ₹25.0 Lakhs to ₹30.0 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 Mphasis in India?
The salary growth for a Product Manager at Mphasis depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at Mphasis:

Experience Average Salary Range
5 years ₹16.7 Lakhs to ₹21.3 Lakhs per year
6 years ₹17.2 Lakhs to ₹22.0 Lakhs per year
7 years ₹17.8 Lakhs to ₹22.7 Lakhs per year
8 years ₹16.1 Lakhs to ₹24.5 Lakhs per year
and so on.

Tell us how to improve this page.

Mphasis Product Manager salary in India ranges between ₹16.1 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Mphasis latest salaries received from various employees of Mphasis.