MUFG Bank Mumbai AVP Salaries by 10+ Employees (Updated 2025)

10 - 17 years exp.

₹12 Lakhs - ₹36 Lakhs

Salary of majority employees

12% less than the average AVP Salary in Financial Services Companies for 10 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 12 - 17 years exp. (4 salaries)	₹13.7 L/yr - ₹27 L/yr
Finance & Accounting AVP Salary 12 - 14 years exp. (3 salaries)	₹12 L/yr - ₹36 L/yr
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Risk Management & Compliance AVP Salary 10 - 13 years exp. (3 salaries)	₹23 L/yr - ₹35 L/yr

Last Updated: 24 Jan 2025

Companies similar to MUFG Bank for AVP in Mumbai

MUFG Bank AVP Salary

10 - 17 years exp. (11 salaries)

₹12 L/yr - ₹36 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India AVP Salary 4 - 10 years exp. (4 salaries)	₹7 L/yr - ₹16 L/yr 51% less
HDFC Bank AVP Salary 9 - 21 years exp. (159 salaries)	₹13.4 L/yr - ₹40 L/yr 4% more
Login to view exact salary
Axis Bank AVP Salary 10 - 21 years exp. (164 salaries)	₹12.5 L/yr - ₹42 L/yr 1% more
Kotak Mahindra Bank AVP Salary 8 - 19 years exp. (65 salaries)	₹11 L/yr - ₹35.6 L/yr 14% less
IndusInd Bank AVP Salary 6 - 19 years exp. (96 salaries)	₹9 L/yr - ₹25 L/yr 35% less
Yes Bank AVP Salary 6 - 18 years exp. (97 salaries)	₹11 L/yr - ₹25 L/yr 39% less
JPMorgan Chase & Co. AVP Salary 8 - 19 years exp. (183 salaries)	₹16.5 L/yr - ₹45 L/yr 16% more
HSBC Group AVP Salary 5 - 17 years exp. (29 salaries)	₹11 L/yr - ₹37 L/yr 4% more
Apex Group AVP Salary 8 - 15 years exp. (13 salaries)	₹15 L/yr - ₹27 L/yr 18% less
Motilal Oswal Financial Services AVP Salary 12 - 17 years exp. (8 salaries)	₹13.5 L/yr - ₹23 L/yr 34% less
Axis Direct AVP Salary 18 - 20 years exp. (4 salaries)	₹19.8 L/yr - ₹25 L/yr 15% less
Login to view exact salary
Wells Fargo AVP Salary 10 - 16 years exp. (3 salaries)	₹28.5 L/yr - ₹36 L/yr 18% more

AVP salary at MUFG Bank ranges between ₹12 Lakhs to ₹36 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 11 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank AVP salaries in Mumbai

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹23 L/yr - ₹34 L/yr
11 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹31 L/yr
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12 years (3 salaries)	₹13.7 L/yr - ₹36 L/yr
13 years (3 salaries)	₹12 L/yr - ₹35 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹46.2 L/yr
15+ years (AmbitionBox Estimate)	₹16 L/yr - ₹43.1 L/yr

View all

Similar Designation salaries in MUFG Bank

Analyst Salary

(112 salaries)

₹4.1 L/yr - ₹14 L/yr

Assistant Vice President Salary

(57 salaries)

₹11 L/yr - ₹35 L/yr

Senior Associate Salary

(9 salaries)

₹4 L/yr - ₹9.6 L/yr

Associate Vice President Salary

(8 salaries)

₹15 L/yr - ₹33 L/yr

Director Salary

(8 salaries)

₹50 L/yr - ₹93 L/yr

Senior Analyst Salary

(8 salaries)

₹5.83 L/yr - ₹12.61 L/yr

Back Office Executive Salary

(3 salaries)

₹2.04 L/yr - ₹2.35 L/yr

Top skills at MUFG Bank for AVP

Production Support Oracle Troubleshooting Automation Project Management SSRS MVC Tomcat Windows SQL

Salary related reviews for MUFG Bank

1.3

Rated by 3 employees for salary & benefits

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

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

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.

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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MUFG Bank AVP Salary FAQs

What is the salary of AVP at MUFG Bank Mumbai?

AVP salary at MUFG Bank in Mumbai ranges between ₹12.0 Lakhs to ₹36.0 Lakhs for experience between 10 years to 17 years. According to our estimates it is 12% less than the average AVP Salary in India. Salary estimates are based on 11 latest salaries received from various employees of MUFG Bank Mumbai.

How does the salary of a AVP at MUFG Bank Mumbai compare with the average salary range for this job?

The average salary of a AVP at MUFG Bank is 12% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a AVP at MUFG Bank?

Production Support, Oracle, Troubleshooting, Automation and Project Management are some of the popular skills required to work as a AVP at MUFG Bank Mumbai.

Which similar companies are paying more than MUFG Bank to a AVP in Mumbai?

Wells Fargo AVP Salary - ₹28.5 Lakhs to ₹36.0 Lakhs per year
JPMorgan Chase & Co. AVP Salary - ₹16.5 Lakhs to ₹45.0 Lakhs per year
HDFC Bank AVP Salary - ₹13.4 Lakhs to ₹40.0 Lakhs per year
HSBC Group AVP Salary - ₹11.0 Lakhs to ₹37.0 Lakhs per year
Axis Bank AVP Salary - ₹12.5 Lakhs to ₹42.0 Lakhs per year

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

Kotak Mahindra Bank AVP Salary - ₹11.0 Lakhs to ₹35.6 Lakhs per year
Axis Direct AVP Salary - ₹19.8 Lakhs to ₹25.0 Lakhs per year
Apex Group AVP Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
Motilal Oswal Financial Services AVP Salary - ₹13.5 Lakhs to ₹23.0 Lakhs per year
IndusInd Bank AVP Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a AVP at MUFG Bank ranges between ₹1,64,050 per month to ₹1,70,331 per month in Mumbai. The take-home salary calculation is based on the average MUFG Bank AVP salary in India which ranges between ₹12.0 Lakhs to ₹36.0 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for AVP at MUFG Bank in Mumbai?

According to AmbitionBox, 43% of the MUFG Bank AVPs in Mumbai reported a notice period of 2 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

MUFG Bank AVP salary in Mumbai ranges between ₹12 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 MUFG Bank latest salaries received from various employees of MUFG Bank.