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MUFG Bank Associate salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹2 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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55% less than the average Associate Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
0 - 6 years exp. (13 salaries)
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₹2.1 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 5 years exp. (4 salaries)
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₹2.5 L/yr - ₹7.5 L/yr

Finance & Accounting
Associate Salary
1 - 6 years exp. (4 salaries)
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₹3.2 L/yr - ₹4.7 L/yr

Human Resources
Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.4 L/yr

Procurement & Supply Chain
Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹4 L/yr

Last Updated: 17 Feb 2025

Companies similar to MUFG Bank for Associate

Company name Avg Annual Salary Open Jobs
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State Bank of India Associate Salary

1 - 7 years exp. (146 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 99% more
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ICICI Bank Associate Salary

0 - 5 years exp. (117 salaries)

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₹1.1 L/yr - ₹8 L/yr

arrow icon 10% less
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HDFC Bank Associate Salary

0 - 6 years exp. (67 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 1% less
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Axis Bank Associate Salary

0 - 8 years exp. (57 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 6% less
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (1k salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 23% less
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IndusInd Bank Associate Salary

2 - 8 years exp. (33 salaries)

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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 15% more
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Yes Bank Associate Salary

1 - 8 years exp. (17 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 2% less
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Punjab National Bank Associate Salary

1 - 5 years exp. (3 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 53% more
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Bank of Baroda Associate Salary

2 - 10 years exp. (5 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 104% more
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Canara Bank Associate Salary

2 - 7 years exp. (3 salaries)

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₹5 L/yr - ₹19.5 L/yr

arrow icon 202% more
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (10.2k salaries)

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₹10 L/yr - ₹42 L/yr

arrow icon 610% more
63 job openings
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TIAA Global Business Services Associate Salary

5 - 11 years exp. (540 salaries)

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₹9.9 L/yr - ₹30.4 L/yr

arrow icon 522% more
1 job opening
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Apex Group Associate Salary

0 - 8 years exp. (474 salaries)

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₹3.5 L/yr - ₹11.2 L/yr

arrow icon 113% more
4 job openings
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HSBC Group Associate Salary

1 - 10 years exp. (357 salaries)

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₹7.1 L/yr - ₹18 L/yr

arrow icon 197% more
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Wells Fargo Associate Salary

0 - 9 years exp. (283 salaries)

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₹2.6 L/yr - ₹13 L/yr

arrow icon 129% more
3 job openings
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Ocwen Financial Solutions Associate Salary

1 - 7 years exp. (233 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 22% more
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Ameriprise Financial Associate Salary

1 - 5 years exp. (170 salaries)

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₹2.8 L/yr - ₹9.5 L/yr

arrow icon 85% more
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Citicorp Associate Salary

0 - 10 years exp. (170 salaries)

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₹7.5 L/yr - ₹25.9 L/yr

arrow icon 358% more
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Macquarie Group Associate Salary

0 - 4 years exp. (85 salaries)

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₹4.8 L/yr - ₹13.5 L/yr

arrow icon 180% more
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Northern Trust Associate Salary

2 - 9 years exp. (45 salaries)

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₹4.7 L/yr - ₹20 L/yr

arrow icon 232% more
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Associate salary at MUFG Bank ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 36 latest salaries received from various employees of MUFG Bank.

Latest annual salaries shared by MUFG Bank Associate

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Experience wise MUFG Bank Associate salaries

Last Updated: 17 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3 L/yr
1 year  (11 salaries)

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₹2 L/yr - ₹3.5 L/yr
2 years  (12 salaries)

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₹2 L/yr - ₹4.3 L/yr
3 years  (5 salaries)

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₹1.3 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹4.7 L/yr
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Similar Designation salaries in MUFG Bank

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₹4 L/yr - ₹7.5 L/yr
Team Lead Salary
(5 salaries)
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₹3 L/yr - ₹23.31 L/yr
Technical Lead Salary
(4 salaries)
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₹21 L/yr - ₹30.28 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
Java Developer Salary
(AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.1 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
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₹24 L/yr - ₹26 L/yr
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₹4.2 L/yr - ₹46 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
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₹2.5 L/yr - ₹9.4 L/yr

Top skills at MUFG Bank for Associate

Finance Stakeholder Management Banking investment Trade Finance

Salary related reviews for MUFG Bank

3.0

Rated by 9 employees for salary & benefits

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 28 Jul 2019

3.0
 for  Salary and Benefits

Likes

The bank is open to innovation and latest technology.

  • Work-life balance - Good

Dislikes

Compensation and growth both are slow. The work pressure is very high. Sometimes I have to work 12- 13 hours. Managers do not value an individual's unique strength. I do receive appreciation from my customers but not from my managers, seniors etc. Also there is no on job training for freshers/ temporary staff as when i joined I didn't get any training as I was also a temporary staff over there. There is no growth for temporary staff . One more thing there is a lot of differences between temporary and permanent staff over there as they treat very badly to temporary staff..

read more
  • Skill development - Poor
  • +3 more

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.

read more
  • Salary - Good
  • +1 more

Dislikes

none

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

read more
  • Salary - Bad
  • +2 more

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

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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MUFG Bank Associate Salary FAQs

What is the salary of Associate at MUFG Bank?
Associate salary at MUFG Bank in India ranges between ₹2.0 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 55% less than the average Associate Salary in India. Salary estimates are based on 36 latest salaries received from various employees of MUFG Bank India.
How does the salary of a Associate at MUFG Bank India compare with the average salary range for this job?
The average salary of a Associate at MUFG Bank is 55% less than the average salary of a Associate in India. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at MUFG Bank?
Finance, Stakeholder Management, Banking, investment and Trade Finance are some of the popular skills required to work as a Associate at MUFG Bank India.
Which similar companies are paying more than MUFG Bank to a Associate in India?
  • JPMorgan Chase & Co. Associate Salary - ₹10.0 Lakhs to ₹42.0 Lakhs per year
  • TIAA Global Business Services Associate Salary - ₹9.9 Lakhs to ₹30.4 Lakhs per year
  • Citicorp Associate Salary - ₹7.5 Lakhs to ₹25.9 Lakhs per year
  • Commonwealth Bank of Australia, India Associate Salary - ₹5.8 Lakhs to ₹21.6 Lakhs per year
  • Northern Trust Operating Services Associate Salary - ₹6.2 Lakhs to ₹22.0 Lakhs per year
What is the salary of a Associate in companies similar to MUFG Bank in India?
  • Northern Trust Associate Salary - ₹4.7 Lakhs to ₹20.0 Lakhs per year
  • TSYS|Total System Services Associate Salary - ₹5.9 Lakhs to ₹15.4 Lakhs per year
  • Canara Bank Associate Salary - ₹5.0 Lakhs to ₹19.5 Lakhs per year
  • HSBC Group Associate Salary - ₹7.1 Lakhs to ₹18.0 Lakhs per year
  • Macquarie Group Associate Salary - ₹4.8 Lakhs to ₹13.5 Lakhs per year
What is the estimated take home salary of a Associate at MUFG Bank in India?
The estimated take-home salary of a Associate at MUFG Bank ranges between ₹24,462 per month to ₹25,909 per month in India. The take-home salary calculation is based on the average MUFG Bank Associate salary in India which ranges between ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Associate at MUFG Bank?
According to AmbitionBox, 60% of the MUFG Bank Associates reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

MUFG Bank Associate salary in India ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 36 MUFG Bank latest salaries received from various employees of MUFG Bank.