MUFG Bank Mumbai Manager Salaries by 3 Employees (Updated 2024)

9 - 11 years exp.

₹13 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Manager Salary in Financial Services Companies for 9 - 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

9 - 11 years exp. (3 salaries)

₹13 L/yr - ₹25 L/yr

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HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 30% less	1 job opening
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Motilal Oswal Financial Services Manager Salary 5 - 13 years exp. (162 salaries)	₹4 L/yr - ₹15 L/yr 39% less
HSBC Group Manager Salary 2 - 18 years exp. (64 salaries)	₹6 L/yr - ₹21.9 L/yr 4% more
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Macquarie Group Manager Salary 8 - 14 years exp. (12 salaries)	₹25 L/yr - ₹33.5 L/yr 110% more
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Manager salary at MUFG Bank ranges between ₹13 Lakhs to ₹25 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 3 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
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹25 L/yr
10 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
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11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹25 L/yr

Similar Designation salaries in MUFG Bank

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Senior Analyst Salary

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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.

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.

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

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

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

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

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.

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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MUFG Bank Manager Salary FAQs

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 3 MUFG Bank latest salaries received from various employees of MUFG Bank.