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MUFG Bank

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3.4

based on 234 Reviews

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MUFG Bank Junior Associate salaries in India

Annual salary range
1 - 6 years exp.
₹2.2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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24% less than the average Junior Associate Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Administration & Facilities
Junior Associate Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4.5 L/yr

Finance & Accounting
Junior Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 12 Mar 2023

Companies similar to MUFG Bank for Junior Associate

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Junior Associate Salary

2 - 6 years exp. (7 salaries)
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₹4.7 L/yr - ₹19 L/yr

arrow icon 281% more
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Sun Life Financial Junior Associate Salary

1 - 2 years exp. (6 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 43% more
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Kotak Mahindra Bank Junior Associate Salary

0 - 7 years exp. (845 salaries)
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₹1 L/yr - ₹4 L/yr

arrow icon 12% less
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Kotak Mahindra Prime Junior Associate Salary

0 - 6 years exp. (243 salaries)
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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 17% less
Logo
IKS Health Junior Associate Salary

0 - 2 years exp. (208 salaries)
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₹1.9 L/yr - ₹2.8 L/yr

arrow icon 24% less
Junior Associate salary at MUFG Bank ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of MUFG Bank.

Latest annual salaries shared by MUFG Bank Junior Associate

1y ago
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2 years exp.
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6 years exp.
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1 year exp.
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5 years exp.

Experience wise MUFG Bank Junior Associate salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
View all

Similar Designation salaries in MUFG Bank

Senior Associate Salary
(11 salaries)
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₹4.62 L/yr - ₹7.5 L/yr
Process Associate Salary
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₹2.44 L/yr - ₹3 L/yr
Senior Analyst Salary
(109 salaries)
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₹5.65 L/yr - ₹20.58 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Analyst Salary
(214 salaries)
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₹5.19 L/yr - ₹18 L/yr
Accountant Salary
(4 salaries)
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₹2.25 L/yr - ₹6 L/yr
Finance Executive Salary
(7 salaries)
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₹2.3 L/yr - ₹3.6 L/yr
Financial Analyst Salary
(27 salaries)
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₹2.4 L/yr - ₹6 L/yr
Deputy Manager Salary
(4 salaries)
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₹13 L/yr - ₹20 L/yr
Management Trainee Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for MUFG Bank

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.

read more
  • 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.

read more
  • 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

read more
  • 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

read more
  • Skill development - Bad
    • +3 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

read more
  • 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.

read more
see more salary related reviews

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Shifting from Bangalore to Hyderabad
I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts
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MUFG Bank Junior Associate Salary FAQs

What is the salary of Junior Associate at MUFG Bank ?
The average salary of a Junior Associate at MUFG Bank in India typically ranges from ₹2.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Junior Associate at MUFG Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Junior Associate 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 Junior Associate at MUFG Bank in India?
The estimated take-home salary of a Junior Associate at MUFG Bank in India typically ranges from ₹20,787 to ₹22,439 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 Junior Associate in India?
JPMorgan Chase & Co. ₹4.7 Lakhs to ₹19.0 Lakhs per year
Sun Life Financial ₹3.5 Lakhs to ₹4.5 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 Junior Associate in companies similar to MUFG Bank in India?
The salary of a Junior Associate at companies similar to MUFG Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹1.0 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Prime ₹1.1 Lakhs to ₹3.5 Lakhs per year
IKS Health ₹1.9 Lakhs to ₹2.8 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 Junior Associate at MUFG Bank in India?
The salary growth for a Junior Associate at MUFG Bank depends on factors such as experience, performance, and promotions. On average, a Junior Associate can expect the following growth trajectory at MUFG Bank:

Experience Average Salary Range
1 year ₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years ₹2.1 Lakhs to ₹2.6 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
and so on.

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MUFG Bank Junior Associate Salaries by Location

MUFG Bank Junior Associate salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 MUFG Bank latest salaries received from various employees of MUFG Bank.