MUFG Bank New Delhi Associate Salaries by 10+ Employees (Updated 2025)

0 - 4 years exp.

₹2 Lakhs - ₹4.4 Lakhs

Salary of majority employees

48% less than the average Associate Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr
Customer Success, Service & Operations Associate Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.4 L/yr
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Human Resources Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.4 L/yr

Last Updated: 9 Feb 2025

Companies similar to MUFG Bank for Associate in New Delhi

MUFG Bank Associate Salary

0 - 4 years exp. (11 salaries)

₹2 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Associate Salary 1 - 7 years exp. (24 salaries)	₹4 L/yr - ₹10 L/yr 107% more
ICICI Bank Associate Salary 0 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹4.3 L/yr 7% less
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HDFC Bank Associate Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹3.8 L/yr At par
Axis Bank Associate Salary 0 - 7 years exp. (4 salaries)	₹2 L/yr - ₹3.3 L/yr 8% less
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (137 salaries)	₹1.2 L/yr - ₹3.7 L/yr 13% less
Ameriprise Financial Associate Salary 1 - 6 years exp. (88 salaries)	₹3 L/yr - ₹8.1 L/yr 90% more
Macquarie Group Associate Salary 0 - 5 years exp. (19 salaries)	₹5 L/yr - ₹12.5 L/yr 184% more
Fidelity Investments Associate Salary 0 - 6 years exp. (10 salaries)	₹2.2 L/yr - ₹6 L/yr 6% more
Citicorp Associate Salary 1 - 6 years exp. (7 salaries)	₹6.6 L/yr - ₹22.9 L/yr 318% more
HSBC Group Associate Salary 2 - 8 years exp. (4 salaries)	₹6 L/yr - ₹12.6 L/yr 215% more
Sun Life Financial Associate Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 7% less
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Associate salary at MUFG Bank ranges between ₹2 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 11 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Associate salaries in New Delhi

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
1 year (3 salaries)	₹2 L/yr - ₹2.8 L/yr
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2 years (3 salaries)	₹2.5 L/yr - ₹3 L/yr
3 years (3 salaries)	₹1.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr

Similar Designation salaries in MUFG Bank

Assistant Vice President Salary

(19 salaries)

₹13 L/yr - ₹25 L/yr

Analyst Salary

(10 salaries)

₹7 L/yr - ₹11.1 L/yr

Back Office Executive Salary

(5 salaries)

₹2.4 L/yr - ₹2.65 L/yr

Top skills at MUFG Bank for Associate

Finance Stakeholder Management Banking investment Trade Finance

Salary related reviews for MUFG Bank

3.5

Rated by 3 employees for salary & benefits

Associate

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..

Skill development - Poor

+3 more

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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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MUFG Bank Associate Salary FAQs

What is the salary of Associate at MUFG Bank New Delhi?

Associate salary at MUFG Bank in New Delhi ranges between ₹2.0 Lakhs to ₹4.4 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 48% less than the average Associate Salary in India. Salary estimates are based on 11 latest salaries received from various employees of MUFG Bank New Delhi.

How does the salary of a Associate at MUFG Bank New Delhi compare with the average salary range for this job?

The average salary of a Associate at MUFG Bank is 48% less than the average salary of a Associate in New Delhi. 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 New Delhi.

Which similar companies are paying more than MUFG Bank to a Associate in New Delhi?

Citicorp Associate Salary - ₹6.6 Lakhs to ₹22.9 Lakhs per year
HSBC Group Associate Salary - ₹6.0 Lakhs to ₹12.6 Lakhs per year
Macquarie Group Associate Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
State Bank of India Associate Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Ameriprise Financial Associate Salary - ₹3.0 Lakhs to ₹8.1 Lakhs per year

What is the salary of a Associate in companies similar to MUFG Bank in New Delhi?

Fidelity Investments Associate Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
HDFC Bank Associate Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
ICICI Bank Associate Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
Sun Life Financial Associate Salary - ₹3.0 Lakhs to ₹3.3 Lakhs per year
Axis Bank Associate Salary - ₹2.0 Lakhs to ₹3.3 Lakhs per year

What is the estimated take home salary of a Associate at MUFG Bank in New Delhi?

The estimated take-home salary of a Associate at MUFG Bank ranges between ₹23,263 per month to ₹24,728 per month in New Delhi. The take-home salary calculation is based on the average MUFG Bank Associate salary in India which ranges between ₹2.0 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Associate at MUFG Bank in New Delhi?

According to AmbitionBox, 67% of the MUFG Bank Associates in New Delhi reported a notice period of 2 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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MUFG Bank Associate Salaries in New Delhi

MUFG Bank Associate salary in New Delhi ranges between ₹2 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 MUFG Bank latest salaries received from various employees of MUFG Bank.