Average Bank Product Manager Salary in Lahore, Pakistan for 2026

In this article, we will look at the average Bank Product Manager salary for 2026 in Lahore and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Pakistani rupee. To keep things simple, we are using the PKR currency code instead of the currency symbol .

How Much Does a Bank Product Manager Make in Lahore?

A Bank Product Manager working in Lahore will typically earn around 1,476,700 PKR per year, and this can range from the lowest average salary of about 722,100 PKR to the highest average salary of 2,304,300 PKR.

Average Annual Salary1,476,700 PKR
Average Monthly Salary123,058 PKR
Average Lowest Salary722,100 PKR
Lowest Monthly Salary60,175 PKR
Average Highest Salary2,304,300 PKR
Highest Monthly Salary192,025 PKR

These are average salaries for a Bank Product Manager in Lahore and include benefits such as housing and transport. It's also possible for a Bank Product Manager to earn more or less than the average salaries shown above.

Bank Product Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Bank Product Manager Salaries in Lahore

So we've looked at the average salaries a Bank Product Manager will earn in Lahore. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bank Product Manager can earn between 722,100 PKR and 2,304,300 PKR on average in Lahore. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Bank Product Manager in Lahore is 1,500,800 PKR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,500,800 PKR, and 50% of the population earn more than 1,500,800 PKR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Bank Product Manager salary in Lahore, 25% of the population are earning less than 1,000,700 PKR while 75% of the population earn more than 1,000,700 PKR.

75% of the population earn less than 1,942,700 PKR, and 25% of the population earn more than 1,942,700 PKR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Bank Product Manager Salary by Experience Level in Lahore

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Bank Product Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Bank Product Manager in Lahore that has less than two years of experience can expect to earn somewhere in the region of 854,300 PKR.
  • 2 - 5 Years Experience. With two to five years of experience the average Bank Product Manager salary would increase to 1,099,200 PKR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bank Product Manager , the average salary would be 1,510,400 PKR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,882,700 PKR.
  • 15 - 20 Years Experience. A Bank Product Manager with 15 to 20 years of experience can earn an average of 2,015,600 PKR.
  • 20+ Years Experience. For a Bank Product Manager with more than 20 years, the expected average salary increases to 2,146,100 PKR.

Average Salary by Experience Chart

0-2 Years-
854,300 PKR
2-5 Years+29%
1,099,200 PKR
5-10 Years+38%
1,510,400 PKR
10-15 Years+24%
1,882,700 PKR
15-20 Years+7%
2,015,600 PKR
20+ Years+7%
2,146,100 PKR

Bank Product Manager Salary by Education Level in Lahore

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Bank Product Manager in Lahore based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Bank Product Manager in Lahore with a bachelor's degree education can earn an average salary of 1,067,500 PKR.
  • Master's Degree. A Bank Product Manager in Lahore with a master's degree education can earn an average salary of 1,716,600 PKR.

Average Salary by Education Chart

Bachelor's Degree-
1,067,500 PKR
Master's Degree+60%
1,716,600 PKR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Pakistan is around 409,000 to 1,230,000 PKR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Bank Product Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Lahore, a male bank product manager will earn an average of 1,369,700 PKR, while a female bank product manager will earn around 1,235,600 PKR.

This means that a male bank product manager earns approximately 11% more than a female bank product manager for performing the same job.

Average Salary by Gender Chart in Lahore

Male-
1,369,700 PKR
Female-11%
1,235,600 PKR

Bank Product Manager Average Pay Raise in Lahore

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Bank Product Manager in Lahore is around 12% every 19 months.

The national average pay raise across all professions and industries in Pakistan is around 8% every 19 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 19 ) × 12  = 8%

What this means is that a Bank Product Manager in Lahore can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Lahore for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Pakistan.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
2%
Energy-
4%
Information Technology-
6%
Healthcare-
8%
Travel-
1%
Construction-
3%
Education-
5%

Bank Product Manager Bonus and Incentive Rates in Lahore

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Bank Product Manager is a high bonus based job, with 73% of employees reporting at least one bonus in the last 12 months.

27% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.

Received Bonus-
73%
No Bonus-
27%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Pakistan earn approximately 12% more than private sector employees in the same role.

Public Sector-
1,023,400 PKR
Private Sector-12%
913,400 PKR

Salaries for Jobs Similar to a Bank Product Manager

In the table below, we have salary information for jobs that are similar to a Bank Product Manager in Lahore.

Job TitleCategorySalary
AML AnalystBanking1,440,700 PKR
ATM ManagerBanking1,417,600 PKR
ATM Service TechnicianBanking376,800 PKR
Assistant Bank Branch ManagerBanking1,296,900 PKR
Assistant Bank ManagerBanking1,728,900 PKR
Bank Accounts AnalystBanking585,900 PKR
Bank Accounts CollectorBanking327,300 PKR
Bank Accounts ControllerBanking752,600 PKR
Bank Accounts ExecutiveBanking1,080,200 PKR
Bank Accounts ManagerBanking1,212,800 PKR
Bank Auditing ManagerBanking1,296,900 PKR
Bank Branch ManagerBanking1,655,500 PKR
Bank Branch Operations CoordinatorBanking769,500 PKR
Bank ClerkBanking332,100 PKR
Bank Client Service AssociateBanking471,700 PKR
Bank CollectorBanking345,700 PKR
Bank Compliance SpecialistBanking879,700 PKR
Bank ManagerBanking1,942,700 PKR
Bank Operational Risk ManagerBanking1,908,800 PKR
Bank Operations HeadBanking2,136,200 PKR
Bank Operations OfficerBanking840,800 PKR
Bank Operations SpecialistBanking1,296,900 PKR
Bank Process ManagerBanking1,102,100 PKR
Bank Programme ManagerBanking1,417,600 PKR
Bank Project ManagerBanking1,547,500 PKR
Bank Propositions ManagerBanking1,428,800 PKR
Bank Quantitative AnalystBanking1,025,100 PKR
Bank Regional ManagerBanking2,076,600 PKR
Bank Regional Risk OfficerBanking1,102,900 PKR
Bank Relationship ManagerBanking1,464,200 PKR
Bank Relationship OfficerBanking717,900 PKR
Bank TellerBanking351,900 PKR
BankerBanking725,700 PKR
Banking Business AnalystBanking1,069,800 PKR
Banking Business Development OfficerBanking671,000 PKR
Banking Business Planning ExecutiveBanking1,500,800 PKR
Banking Product ManagerBanking1,249,900 PKR
Banking Reference Data ManagerBanking1,153,300 PKR
Banking Risk AnalystBanking1,041,900 PKR
Banking Technical AnalystBanking582,700 PKR
Bankruptcy CoordinatorBanking744,700 PKR
Bill and Account CollectorBanking365,400 PKR
Budget AnalystBanking1,030,200 PKR
Capital Risk ManagerBanking1,896,700 PKR
Cards Marketing ManagerBanking1,380,400 PKR
Cash Management ManagerBanking1,811,000 PKR
Check Processing ManagerBanking1,428,800 PKR
Commercial Vault AssociateBanking1,025,100 PKR
Corporate BankerBanking745,000 PKR
Corporate DealerBanking1,074,200 PKR
Credit AnalystBanking847,000 PKR
Credit Card Fraud InvestigatorBanking1,048,100 PKR
Credit Portfolio ManagerBanking2,065,400 PKR
Credit Risk AnalystBanking1,212,800 PKR
Credit Risk AssociateBanking1,165,400 PKR
Credit and Collections ManagerBanking1,428,800 PKR
Direct Bank Sales RepresentativeBanking767,500 PKR
Exchange Control ConsultantBanking1,067,500 PKR
Executive Account AnalystBanking996,600 PKR
Financial Bank Planning ConsultantBanking1,405,700 PKR
Financial Banking Analysis ManagerBanking1,487,200 PKR
Financial Banking AssistantBanking514,300 PKR
Financial Banking Systems ManagerBanking1,417,600 PKR
Foreign Exchange ManagerBanking1,606,100 PKR
Fraud AnalystBanking1,133,900 PKR
Fraud Detection AssociateBanking769,500 PKR
Fraud Detection ManagerBanking1,570,900 PKR
Fraud Detection SupervisorBanking899,100 PKR
Internal Bank Audit ManagerBanking1,930,500 PKR
Internal Bank AuditorBanking988,600 PKR
Internal Private BankerBanking778,200 PKR
International Banking ManagerBanking2,221,600 PKR
Investment Banking AnalystBanking1,570,900 PKR
Loan AnalystBanking1,004,600 PKR
Loan Area ManagerBanking1,283,600 PKR
Loan Audit Team LeaderBanking1,196,300 PKR
Loan Branch ManagerBanking1,141,000 PKR
Loan Business Development OfficerBanking659,400 PKR
Loan ClerkBanking369,300 PKR
Loan Collection ManagerBanking1,212,800 PKR
Loan Collection and Recovery ManagerBanking1,296,900 PKR
Loan CollectorBanking340,400 PKR
Loan ExaminerBanking483,400 PKR
Loan OfficerBanking385,300 PKR
Loan Processing ManagerBanking1,147,600 PKR
Loan ProcessorBanking464,400 PKR
Loan Quality Assurance AuditorBanking1,109,600 PKR
Loan Quality Assurance ManagerBanking1,191,100 PKR
Loan Quality Assurance RepresentativeBanking767,000 PKR
Loan Review ManagerBanking1,235,600 PKR
Loan Team LeaderBanking1,062,500 PKR
Loans ManagerBanking1,476,700 PKR
Mortgage AdvisorBanking704,300 PKR
Mortgage Collection ManagerBanking1,259,300 PKR
Mortgage CollectorBanking340,400 PKR
Mortgage Credit AnalystBanking533,000 PKR
Mortgage Credit ManagerBanking1,196,300 PKR
Mortgage Development ManagerBanking1,320,500 PKR
Mortgage Document ReviewerBanking480,600 PKR
Mortgage Funding ManagerBanking1,380,400 PKR
Mortgage Operations ManagerBanking1,870,400 PKR
Mortgage Payment Processing ClerkBanking397,900 PKR
Mortgage Processing ManagerBanking1,172,800 PKR
Mortgage ProcessorBanking491,000 PKR
Mortgage Quality Assurance AuditorBanking995,200 PKR
Mortgage Quality Assurance ManagerBanking1,212,800 PKR
Mortgage Servicing ClerkBanking366,200 PKR
Mortgage Servicing ManagerBanking1,122,900 PKR
Mortgage UnderwriterBanking436,200 PKR
Online Banking ManagerBanking1,825,000 PKR
Payment Processing ClerkBanking359,900 PKR
Personal BankerBanking761,400 PKR
Personal Banking Advisor Banking798,900 PKR
Phone BankerBanking507,300 PKR
Private BankerBanking780,700 PKR
Reconciliation and Investigation SpecialistBanking847,000 PKR
Tax OfficerBanking659,200 PKR
TellerBanking363,000 PKR
Trade OfficerBanking428,400 PKR
Trade Product ManagerBanking1,182,800 PKR
TraderBanking528,500 PKR
Treasury Operations OfficerBanking948,300 PKR

Salary Comparison by City

If you want to compare salaries with different cities in Pakistan, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Bahawalpur1,168,300 PKR
Faisalabad1,405,700 PKR
Gujranwala1,306,100 PKR
Hyderabad1,273,300 PKR
Islamabad1,212,800 PKR
Karachi1,405,700 PKR
Multan1,345,400 PKR
Peshawar1,380,400 PKR
Quetta1,224,800 PKR
Rawalpindi1,333,900 PKR
Sargodha1,224,800 PKR
Sialkot1,155,400 PKR

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