MUFG Bank Mumbai Manager Salaries by 4 Employees (Updated 2025)

6 - 11 years exp.

₹13 Lakhs - ₹25 Lakhs

Salary of majority employees

6% less than the average Manager Salary in Financial Services Companies for 6 - 11 years of experience

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Last Updated: 18 Nov 2023

Companies similar to MUFG Bank for Manager in Mumbai

MUFG Bank Manager Salary

6 - 11 years exp. (4 salaries)

₹13 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 15 years exp. (95 salaries)	₹9.5 L/yr - ₹40 L/yr 54% more
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.1 L/yr 20% less	2 job openings
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HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹5.2 L/yr - ₹17.5 L/yr 35% less
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹18 L/yr 34% less	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 45% less
IndusInd Bank Manager Salary 0 - 17 years exp. (601 salaries)	₹3 L/yr - ₹12 L/yr 52% less	1 job opening
Yes Bank Manager Salary 0 - 17 years exp. (904 salaries)	₹4.3 L/yr - ₹14 L/yr 41% less
Punjab National Bank Manager Salary 3 - 11 years exp. (16 salaries)	₹7.2 L/yr - ₹22 L/yr 2% less
Bank of Baroda Manager Salary 5 - 14 years exp. (56 salaries)	₹8.1 L/yr - ₹25 L/yr 11% more
Canara Bank Manager Salary 5 - 14 years exp. (53 salaries)	₹8.5 L/yr - ₹25 L/yr 8% more
JPMorgan Chase & Co. Manager Salary 6 - 16 years exp. (395 salaries)	₹7 L/yr - ₹25.5 L/yr 3% more	1 job opening
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Motilal Oswal Financial Services Manager Salary 4 - 13 years exp. (180 salaries)	₹4 L/yr - ₹12.5 L/yr 44% less
HSBC Group Manager Salary 2 - 18 years exp. (62 salaries)	₹6 L/yr - ₹21.9 L/yr 3% less	2 job openings
Axis Direct Manager Salary 4 - 16 years exp. (44 salaries)	₹5 L/yr - ₹15.6 L/yr 24% less
Ocwen Financial Solutions Manager Salary 11 - 18 years exp. (15 salaries)	₹15.4 L/yr - ₹38 L/yr 56% more
Macquarie Group Manager Salary 8 - 14 years exp. (12 salaries)	₹25 L/yr - ₹33.5 L/yr 90% more
Synchrony Manager Salary 2 - 6 years exp. (8 salaries)	₹9.3 L/yr - ₹24 L/yr 2% more
Aon Manager Salary 4 - 6 years exp. (5 salaries)	₹11.5 L/yr - ₹16.5 L/yr 8% less	1 job opening
TIAA Global Business Services Manager Salary 7 - 11 years exp. (4 salaries)	₹14 L/yr - ₹26.5 L/yr 43% more

Manager salary at MUFG Bank ranges between ₹13 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Manager salaries in Mumbai

Last Updated: 18 Nov 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹13 L/yr - ₹28.9 L/yr
7 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr
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8 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹25 L/yr
10 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹27.2 L/yr

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Salary related reviews for MUFG Bank

4.0

Rated by 1 employees for salary & benefits

Manager in Kolkata

all Department

5.0

• posted on 25 Aug 2018

5.0

for Salary and Benefits

Likes

It was my first job and I was excited to work there. It was good place to work, teammates were very co-operative, huge scope of career growth, salary was very good, training was there and Management was very reasonable.

Salary - Excellent

+4 more

Dislikes

I have never faced any problem to deal with any type of work during my tenure of 24 years and 4 months in the Bank. Always keep positive thinking whatever I had done.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

fathersahaab

works at

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 Manager Salary FAQs

What is the salary of Manager at MUFG Bank Mumbai?

Manager salary at MUFG Bank in Mumbai ranges between ₹13.0 Lakhs to ₹25.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 6% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MUFG Bank Mumbai.

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

The average salary of a Manager at MUFG Bank is 6% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

Macquarie Group Manager Salary - ₹25.0 Lakhs to ₹33.5 Lakhs per year
Ocwen Financial Solutions Manager Salary - ₹15.4 Lakhs to ₹38.0 Lakhs per year
State Bank of India Manager Salary - ₹9.5 Lakhs to ₹40.0 Lakhs per year
TIAA Global Business Services Manager Salary - ₹14.0 Lakhs to ₹26.5 Lakhs per year
Bank of Baroda Manager Salary - ₹8.1 Lakhs to ₹25.0 Lakhs per year

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

Canara Bank Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
JPMorgan Chase & Co. Manager Salary - ₹7.0 Lakhs to ₹25.5 Lakhs per year
Synchrony Manager Salary - ₹9.3 Lakhs to ₹24.0 Lakhs per year
Punjab National Bank Manager Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year
HSBC Group Manager Salary - ₹6.0 Lakhs to ₹21.9 Lakhs per year

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

The estimated take-home salary of a Manager at MUFG Bank ranges between ₹1,05,914 per month to ₹1,08,827 per month in Mumbai. The take-home salary calculation is based on the average MUFG Bank Manager salary in India which ranges between ₹13.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the MUFG Bank Managers in Mumbai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

MUFG Bank Manager salary in Mumbai ranges between ₹13 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MUFG Bank latest salaries received from various employees of MUFG Bank.