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MUFG Bank
3.4
based on 224 Reviews
Company Overview
Company Locations
Working at MUFG Bank
Company Summary
Overall Rating
3.4/5
based on 224 reviews
11% below
industry average
Critically rated for
Promotions, Work satisfaction, Skill development
Work Policy
Hybrid
83% employees reported
Monday to Friday
82% employees reported
Flexible timing
51% employees reported
No travel
57% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
6 employees reported
Health insurance
6 employees reported
Office cab/shuttle
3 employees reported
Cafeteria
3 employees reported
View all benefits
About MUFG Bank
Founded in1919 (106 yrs old)
India Employee Count1k-5k
Global Employee Count10k+
HeadquartersChiyoda-ku, Japan
Office Locations
--
Websitebk.mufg.jp
Primary Industry
Other Industries
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MUFG Bank is Japan's largest bank and one of the world's largest, with offices throughout Japan and in 40 other countries. We build long-term relationships with our customers, promote real economic growth,and contribute to orderly capital markets that serve society. The welfare of our customers and employees is always top of mind.
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MUFG Bank Ratings
based on 224 reviews
Overall Rating
3.4/5
How AmbitionBox ratings work?
5
71
4
57
3
46
2
17
1
33
Category Ratings
3.4
Work-life balance
3.3
Salary
3.2
Company culture
3.1
Job security
3.0
Skill development
3.0
Work satisfaction
2.8
Promotions
MUFG Bank is rated 3.4 out of 5 stars on AmbitionBox, based on 224 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at MUFG Bank
based on 219 reviews
3.2
Rated by 77 Women
Rated 3.1 for Work-life balance and 3.0 for Salary
3.4
Rated by 142 Men
Rated 3.5 for Work-life balance and 3.4 for Company culture
Work Policy at MUFG Bank
based on 68 reviews in last 6 months
Hybrid
83%
Work from office
17%
MUFG Bank Reviews
Top mentions in MUFG Bank Reviews
+ 5 more
Compare MUFG Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.4/5 based on 224 reviews | 4.0/5 based on 38k reviews | 3.9/5 based on 39.3k reviews | 3.8/5 based on 3.8k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | Job security Salary |
Critically Rated for | Promotions Skill development Work satisfaction | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Hybrid 83% employees reported | Work from office 92% employees reported | Work from office 84% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.2 Average rated by 77 women | 3.9 Good rated by 10k women | 3.7 Good rated by 8.2k women | 3.8 Good rated by 816 women |
Rating by Men Employees | 3.4 Average rated by 142 men | 4.0 Good rated by 26.2k men | 3.9 Good rated by 29.1k men | 3.8 Good rated by 2.7k men |
Job security | 3.1 Average | 4.1 Good | 4.0 Good | 4.1 Good |
View more
MUFG Bank Salaries
MUFG Bank salaries have received with an average score of 3.3 out of 5 by 224 employees.
Analyst
(227 salaries)
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₹4.8 L/yr - ₹18 L/yr
Assistant Vice President
(165 salaries)
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₹11 L/yr - ₹40 L/yr
Senior Analyst
(81 salaries)
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₹5.8 L/yr - ₹20.9 L/yr
KYC Analyst
(37 salaries)
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₹4.5 L/yr - ₹12 L/yr
Financial Analyst
(27 salaries)
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₹2.4 L/yr - ₹6.1 L/yr
AVP
(20 salaries)
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₹12 L/yr - ₹38.5 L/yr
Associate Vice President
(19 salaries)
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₹24 L/yr - ₹49 L/yr
Senior Associate
(14 salaries)
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₹4 L/yr - ₹9.6 L/yr
Credit Analyst
(13 salaries)
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₹6 L/yr - ₹23.4 L/yr
Administration Executive
(12 salaries)
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₹3.5 L/yr - ₹6.9 L/yr
MUFG Bank Jobs
Popular Designations MUFG Bank Hires for
Popular Skills MUFG Bank Hires for
MUFG Bank News
View all
Rand and bonds fall as specter of Eskom blackouts returns
- South Africa's rand and government bonds fell after Eskom warned of potential power cuts.
- Eskom may implement rotational blackouts to repair breakdowns and replenish its reserves.
- Previous outages have cost the economy up to R899 million per day.
- The news dampened investor optimism and led to a decline in the rand and bond yields.
Moneyweb | 31 Jan, 2025
InsuranceDekho to raise up to $100 Mn with bank's participation
- Insurtech company InsuranceDekho is set to raise up to $100 million in a new funding round.
- The round will be led by existing investors including C Investments, Beams Fintech Fund, and MUFG Bank Limited.
- The funding will value InsuranceDekho between $750-800 million.
- During the previous fiscal year, InsuranceDekho experienced significant revenue growth and recorded a profit of Rs 85.71 crore.
Entrackr | 27 Jan, 2025
Shiprocket To Raise Rs 219 Cr Led By KDT Ventures, Others
- Shiprocket, a logistics SaaS unicorn, is raising ₹219 crore ($26 million) in an extension of its Series E funding round.
- The round is led by KDT Ventures and also saw participation from MUFG Bank, Tribe Capital, and SAI Global.
- Through this investment, Shiprocket is offering shares equal to 2.2% of its ownership.
- Shiprocket offers logistics and supply chain solutions, connecting retailers' websites with e-commerce platforms.
VIE Stories | 28 Dec, 2024
Shiprocket To Raise INR 219 Cr From KDT Ventures, Others
- Logistics startup Shiprocket is raising INR 219 Cr in a funding round led by KDT Ventures.
- Other investors participating in the round include MUFG Bank, Tribe Capital, SAI Global, and Huddle Ventures.
- Shiprocket's board passed a special resolution to issue Series E3 compulsorily convertible preference shares (CCPS) to the investors.
- The funding will support Shiprocket's acquisitions and experimentation with new offerings.
Inc42 | 28 Dec, 2024
Shriram Finance secures record $1.277 billion multi-currency syndicated loan
- Shriram Finance Limited has secured a record $1.277 billion multi-currency syndicated loan.
- The loan will be used to support small entrepreneurs and vulnerable groups in India.
- Global financial institutions like DBS Bank, HSBC, Standard Chartered Bank, and MUFG Bank participated in the loan.
- Shriram Finance has successfully raised significant funds earlier this year and in 2023 and continues to expand its financial services.
HinduBusinessLine | 18 Dec, 2024
Startup news and updates: Daily roundup (December 10, 2024)
- Semiconductor startup Netrasemi has raised Rs 10 crore in a pre-Series A round from Unicorn India Ventures to build Edge AI for IoT products.
- Edtech startup Kreedo Early Childhood Solution has raised Rs 10 crore in debt funding from Recur Club to support its growth and expansion plans.
- Shiprocket, an ecommerce enablement platform, has appointed Vivek Sharma as Vice President of International Shipping to focus on expanding new verticals and geographies.
- MUFG Bank and Koch Group's investment in Shiprocket has been approved by the Competition Commission of India (CCI).
Yourstory | 10 Dec, 2024
CCI Approves MUFG Bank and Koch Group’s Investment in Shiprocket
- Japan-based MUFG Bank and US-based Koch Group's subsidiary, KDT Venture Holdings, have received approval from the Competition Commission of India (CCI) for acquiring minority stakes in Shiprocket.
- Shiprocket is a leading logistics and e-commerce platform that works with 17 courier partners to provide efficient shipping for e-commerce businesses.
- Shiprocket recently launched its own direct-to-consumer (D2C) marketplace called Zop, and was selected by the Indian government to set up pilot e-commerce export hubs (EEHs).
- Despite widening net losses in FY24, Shiprocket aims to achieve full-year profitability by the end of the current financial year through strategic investments and acquisitions.
Startup Story | 7 Dec, 2024
CCI approves MUFG Bank’s stake buy in Shiprocket
- The Competition Commission of India (CCI) has approved MUFG Bank's stake purchase in Shiprocket.
- MUFG Bank is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. It operates in India's banking services sector.
- Shiprocket is a logistics platform that provides logistics services to businesses domestically and internationally.
- Another approval by CCI is for Platinum Stone A 2014 Trust to subscribe to optionally convertible debentures of GMR Infra Enterprises Private Ltd.
HinduBusinessLine | 3 Dec, 2024
CCI Approves MUFG, Koch Group’s Investment In Shiprocket
- The Competition Commission of India (CCI) has approved the investment of MUFG Bank and Koch Group in logistics unicorn Shiprocket.
- Shiprocket, founded in 2017, is an aggregator of third-party logistics companies and operates a D2C marketplace called Zop.
- The company has seen an increase in revenue but also a significant net loss due to restructuring and integration-related accounting impact.
- Shiprocket aims to achieve profitability in the fiscal year 2025 and plans to acquire more companies in the future.
Inc42 | 3 Dec, 2024
Competition Commission Clears MUFG Bank And Koch Group's Stake Buy In Zomato-Backed Shiprocket
- The Competition Commission of India has approved the acquisition of minority shareholding in Shiprocket Pvt. by MUFG Bank and Koch Group.
- Shiprocket, a logistics platform backed by Zomato, reported a 21% revenue growth in FY24 and aims to start clocking profits in the current financial year.
- Shiprocket made five acquisitions in 2022 and turned into a unicorn with a valuation of over $1 billion.
- Moving forward, Shiprocket aims to expand key emerging areas, including cross-border enablement for brands.
Bloomberg Quint | 3 Dec, 2024
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MUFG Bank FAQs
When was MUFG Bank founded?
MUFG Bank was founded in 1919. The company has been operating for 106 years primarily in the Financial Services sector.
Where is the MUFG Bank headquarters located?
MUFG Bank is headquartered in Chiyoda-ku.
How many employees does MUFG Bank have in India?
MUFG Bank currently has more than 1,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in MUFG Bank based on the number of reviews submitted on AmbitionBox.
Does MUFG Bank have good work-life balance?
MUFG Bank has a work-life balance rating of 3.4 out of 5 based on 200+ employee reviews on AmbitionBox. 43% employees rated MUFG Bank 3 or below, while 57% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read MUFG Bank work-life balance reviews for more details
Is MUFG Bank good for career growth?
Career growth at MUFG Bank is rated as poor, with a promotions and appraisal rating of 2.8. 43% employees rated MUFG Bank 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading MUFG Bank promotions/appraisals reviews for more detailed insights.
What are the cons of working in MUFG Bank?
Working at MUFG Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and skill development, based on 200+ employee reviews on AmbitionBox.
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