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MUFG Bank Associate salaries in Chennai

Annual salary range
1 - 2 years exp.
₹2 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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61% less than the average Associate Salary in Financial Services Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
1 - 2 years exp. (5 salaries)
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₹2.1 L/yr - ₹3.4 L/yr

Procurement & Supply Chain
Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to MUFG Bank for Associate in Chennai

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MUFG Bank Associate Salary

1 - 2 years exp. (9 salaries)

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₹2 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Associate Salary

0 - 3 years exp. (5 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 12% more
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HDFC Bank Associate Salary

0 - 4 years exp. (7 salaries)

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₹1.9 L/yr - ₹8 L/yr

arrow icon 22% more
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (63 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 7% less
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IndusInd Bank Associate Salary

2 - 7 years exp. (9 salaries)

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₹1.9 L/yr - ₹5.9 L/yr

arrow icon 48% more
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Wells Fargo Associate Salary

0 - 8 years exp. (53 salaries)

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₹2.1 L/yr - ₹12.4 L/yr

arrow icon 162% more
2 job openings
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Citicorp Associate Salary

0 - 6 years exp. (23 salaries)

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₹4.1 L/yr - ₹17.7 L/yr

arrow icon 304% more
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Apex Group Associate Salary

1 - 8 years exp. (11 salaries)

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₹4.2 L/yr - ₹8.6 L/yr

arrow icon 168% more
5 job openings
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HSBC Group Associate Salary

1 - 9 years exp. (6 salaries)

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₹6.6 L/yr - ₹11.6 L/yr

arrow icon 237% more

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Associate salary at MUFG Bank ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 9 latest salaries received from various employees of MUFG Bank.

Latest annual salaries shared by MUFG Bank Associate in Chennai

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Experience wise MUFG Bank Associate salaries in Chennai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year  (4 salaries)

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₹2 L/yr - ₹2.2 L/yr
2 years  (5 salaries)

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₹2 L/yr - ₹4.2 L/yr

Similar Designation salaries in MUFG Bank

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₹15 L/yr - ₹40 L/yr
Analyst Salary
(7 salaries)
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₹6 L/yr - ₹14.5 L/yr
Senior Analyst Salary
(3 salaries)
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₹6 L/yr - ₹18 L/yr

Top skills at MUFG Bank for Associate

Finance Stakeholder Management Banking investment Trade Finance

Salary related reviews for MUFG Bank

5.0

Rated by 1 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 Chennai?
Associate salary at MUFG Bank in Chennai ranges between ₹2.0 Lakhs to ₹3.6 Lakhs for experience between 1 years to 2 years. According to our estimates it is 61% less than the average Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of MUFG Bank Chennai.
How does the salary of a Associate at MUFG Bank Chennai compare with the average salary range for this job?
The average salary of a Associate at MUFG Bank is 61% less than the average salary of a Associate in Chennai. 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 Chennai.
Which similar companies are paying more than MUFG Bank to a Associate in Chennai?
  • Citicorp Associate Salary - ₹4.1 Lakhs to ₹17.7 Lakhs per year
  • HSBC Group Associate Salary - ₹6.6 Lakhs to ₹11.6 Lakhs per year
  • Apex Group Associate Salary - ₹4.2 Lakhs to ₹8.6 Lakhs per year
  • Wells Fargo Associate Salary - ₹2.1 Lakhs to ₹12.4 Lakhs per year
  • IndusInd Bank Associate Salary - ₹1.9 Lakhs to ₹5.9 Lakhs per year
What is the salary of a Associate in companies similar to MUFG Bank in Chennai?
  • HDFC Bank Associate Salary - ₹1.9 Lakhs to ₹8.0 Lakhs per year
  • ICICI Bank Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
  • Kotak Mahindra Bank Associate Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Associate at MUFG Bank in Chennai?
The estimated take-home salary of a Associate at MUFG Bank ranges between ₹19,037 per month to ₹20,715 per month in Chennai. The take-home salary calculation is based on the average MUFG Bank Associate salary in India which ranges between ₹2.0 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

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MUFG Bank Associate salary in Chennai ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 MUFG Bank latest salaries received from various employees of MUFG Bank.