MUFG Bank Mumbai Assistant Manager Salaries by 4 Employees

3 - 13 years exp.

₹10 Lakhs - ₹21 Lakhs

Avg. annual salary

Monthly In-hand Salary

86% more than the average Assistant Manager Salary in Financial Services Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 13 years exp. (AmbitionBox Estimate)	₹15.4 L/yr - ₹21 L/yr
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Finance & Accounting Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹15.1 L/yr

Last Updated: 12 Mar 2023

Companies similar to MUFG Bank for Assistant Manager in Mumbai

MUFG Bank Assistant Manager Salary

3 - 13 years exp. (4 salaries)

₹10 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Citicorp Assistant Manager Salary 1 - 17 years exp. (1.1k salaries)	₹6.3 L/yr - ₹22.1 L/yr 14% less
HSBC Group Assistant Manager Salary 0 - 14 years exp. (129 salaries)	₹3.7 L/yr - ₹12.5 L/yr 46% less	6 job openings
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Axis Direct Assistant Manager Salary 0 - 15 years exp. (97 salaries)	₹2.3 L/yr - ₹8 L/yr 63% less
Ocwen Financial Solutions Assistant Manager Salary 7 - 17 years exp. (41 salaries)	₹9 L/yr - ₹24 L/yr 4% less
JPMorgan Chase & Co. Assistant Manager Salary 3 - 14 years exp. (31 salaries)	₹6.3 L/yr - ₹20.8 L/yr 22% less
Reliance Capital Assistant Manager Salary 1 - 12 years exp. (21 salaries)	₹2.6 L/yr - ₹6 L/yr 70% less
UBS Assistant Manager Salary 4 - 12 years exp. (20 salaries)	₹8.3 L/yr - ₹18 L/yr 12% less
Aditya Birla SunLife Asset Management Company Assistant Manager Salary 0 - 8 years exp. (16 salaries)	₹4.3 L/yr - ₹7.5 L/yr 65% less
Wtw Global Delivery And Solutions Assistant Manager Salary 10 - 21 years exp. (10 salaries)	₹11.9 L/yr - ₹21 L/yr 5% more
TMF Group Assistant Manager Salary 5 - 9 years exp. (8 salaries)	₹6 L/yr - ₹16 L/yr 15% less	1 job opening

Assistant Manager salary at MUFG Bank ranges between ₹10 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Assistant Manager salaries in Mumbai

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.6 L/yr
4 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
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5 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
6 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
7 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
8 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
9 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
10 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
11 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
12 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr

View all

Similar Designation salaries in MUFG Bank

Senior Associate Salary

(9 salaries)

₹4.62 L/yr - ₹7.5 L/yr

Relationship Manager Salary

(3 salaries)

₹50 L/yr - ₹51 L/yr

Salary related reviews for MUFG Bank

1.0

Rated by 2 employees for salary & benefits

Senior Associate in New Delhi

Trade finance Department

4.0

• posted on 27 Dec 2019

4.0

for Salary and Benefits

Likes

...ngs. Added benefits like life and health insurance cover. International trips. Rewards and bonus. Regular trainings and other e-learning. sophisticated and intellectual colleagues.

Salary - Good

+1 more

Dislikes

none

AVP in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Nov 2024

1.0

for Salary and Benefits

Likes

1. People are nice 2. Work life balance 3. Hybrid working

Job security - Good

+2 more

Dislikes

1. The pay is way below the market 2. No scope for growth (at all) 3. No matter the designation (ex. Director grade) you will be an individual contributor

Salary - Bad

+2 more

AVP in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Worklife Balance Bangalore management Culture

Salary - Good

+2 more

Dislikes

No learning Too much restructuring People with less experience are being hired in senior roles with higher package. Tenured employees with less salary are not promoted

Skill development - Bad

+3 more

Analyst in New Delhi

Full Time

Other Department

2.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

There is job security and salary comes on time.

Job security - Excellent

Dislikes

The bank has all old people working for the past 25-35 years. The average salary hike is 6% p.a. There is no work life balance. One has to sit daily at nights to complete work. If you tell the same to the management or HR, they wont take any action on the same as they support and glorify this culture themselves.

Salary - Bad

+5 more

Sr.Data Analyst- SSRS SQL Server And Power BI in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 03 Aug 2024

5.0

for Salary and Benefits

Likes

Company and policy Hybrid working policy Salary and benefits Office transportation Car lease scheme Medical insurance Team members and manager

Salary - Excellent

+4 more

Dislikes

For IT professional,Office located in Bangalore only. Should have more working locations like in Pune , Mumbai ,Gujrat and Delhi.

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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MUFG Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at MUFG Bank in Mumbai?

The average salary of a Assistant Manager at MUFG Bank in Mumbai typically ranges from ₹10.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Assistant Manager in Mumbai at MUFG Bank earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Assistant Manager Salaries at MUFG Bank 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 4 MUFG Bank employees in India.

What is the estimated take home salary of a Assistant Manager at MUFG Bank in Mumbai?

The estimated take-home salary of a Assistant Manager at MUFG Bank in Mumbai typically ranges from ₹1,06,353 to ₹1,09,280 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 4 salaries received from various employees of MUFG Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MUFG Bank for Assistant Manager in India?

Wtw Global Delivery And Solutions

₹11.9 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to MUFG Bank in Mumbai?

The salary of a Assistant Manager at companies similar to MUFG Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ocwen Financial Solutions	₹9.0 Lakhs to ₹24.0 Lakhs per year
UBS	₹8.3 Lakhs to ₹18.0 Lakhs per year
Citicorp	₹6.3 Lakhs to ₹22.1 Lakhs per year
TMF Group	₹6.0 Lakhs to ₹16.0 Lakhs per year
JPMorgan Chase & Co.	₹6.3 Lakhs to ₹20.8 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 Assistant Manager at MUFG Bank in Mumbai?

The salary growth for a Assistant Manager at MUFG Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at MUFG Bank:

Experience	Average Salary Range
3 years	₹15.4 Lakhs to ₹19.6 Lakhs per year
4 years	₹15.1 Lakhs to ₹19.3 Lakhs per year
5 years	₹14.8 Lakhs to ₹18.9 Lakhs per year
6 years	₹14.5 Lakhs to ₹18.5 Lakhs per year

and so on.

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MUFG Bank Assistant Manager Salaries in Mumbai

MUFG Bank Assistant Manager salary in Mumbai ranges between ₹10 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MUFG Bank latest salaries received from various employees of MUFG Bank.