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

4 - 8 years exp.

₹4.6 Lakhs - ₹7.5 Lakhs

Salary of majority employees

28% less than the average Senior Associate Salary in Financial Services Companies for 4 - 8 years of experience

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Salaries in different departments

Finance & Accounting Senior Associate Salary 4 - 8 years exp. (9 salaries)	₹4.6 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Senior Associate Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹7.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to MUFG Bank for Senior Associate

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Associate Salary 7 - 14 years exp. (56 salaries)	₹4.5 L/yr - ₹14 L/yr 42% more
ICICI Bank Senior Associate Salary 0 - 7 years exp. (522 salaries)	₹1.3 L/yr - ₹3.8 L/yr 63% less
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HDFC Bank Senior Associate Salary 0 - 11 years exp. (45 salaries)	₹1.7 L/yr - ₹9 L/yr 17% less
Axis Bank Senior Associate Salary 1 - 6 years exp. (19 salaries)	₹1.9 L/yr - ₹4.9 L/yr 51% less
Kotak Mahindra Bank Senior Associate Salary 1 - 7 years exp. (133 salaries)	₹1.4 L/yr - ₹4 L/yr 59% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹1.3 L/yr - ₹7.2 L/yr 26% less
Yes Bank Senior Associate Salary 2 - 9 years exp. (16 salaries)	₹2.7 L/yr - ₹4.3 L/yr 38% less
Punjab National Bank Senior Associate Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 20% less
Bank of Baroda Senior Associate Salary 4 - 7 years exp. (3 salaries)	₹2.1 L/yr - ₹2.5 L/yr 66% less
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (2.4k salaries)	₹13 L/yr - ₹52 L/yr 376% more	19 job openings
Apex Group Senior Associate Salary 3 - 13 years exp. (801 salaries)	₹6.5 L/yr - ₹17 L/yr 75% more	9 job openings
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Macquarie Group Senior Associate Salary 0 - 5 years exp. (395 salaries)	₹5.2 L/yr - ₹18 L/yr 90% more
HSBC Group Senior Associate Salary 1 - 8 years exp. (400 salaries)	₹8.9 L/yr - ₹20 L/yr 69% more
TIAA Global Business Services Senior Associate Salary 9 - 15 years exp. (291 salaries)	₹14 L/yr - ₹42.5 L/yr 356% more	1 job opening
Citicorp Senior Associate Salary 2 - 9 years exp. (267 salaries)	₹3 L/yr - ₹9.5 L/yr 14% more
Wells Fargo Senior Associate Salary 2 - 9 years exp. (238 salaries)	₹4.8 L/yr - ₹16.6 L/yr 71% more
Commonwealth Bank of Australia, India Senior Associate Salary 4 - 7 years exp. (208 salaries)	₹5.8 L/yr - ₹12.4 L/yr 28% more
Ameriprise Financial Senior Associate Salary 2 - 10 years exp. (189 salaries)	₹3.8 L/yr - ₹13 L/yr 30% more
Northern Trust Senior Associate Salary 5 - 13 years exp. (159 salaries)	₹8.5 L/yr - ₹36.3 L/yr 209% more
Synchrony Senior Associate Salary 1 - 8 years exp. (148 salaries)	₹2.9 L/yr - ₹6.5 L/yr 30% less

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Senior Associate salary at MUFG Bank ranges between ₹4.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 11 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Senior Associate salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹5 L/yr - ₹7.5 L/yr
5 years (4 salaries)	₹4.6 L/yr - ₹7 L/yr
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6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.2 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7 L/yr

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Salary related reviews for MUFG Bank

4.5

Rated by 4 employees for salary & benefits

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

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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MUFG Bank Senior Associate Salary FAQs

What is the salary of Senior Associate at MUFG Bank?

Senior Associate salary at MUFG Bank in India ranges between ₹4.6 Lakhs to ₹7.5 Lakhs for experience between 4 years to 8 years. According to our estimates it is 28% less than the average Senior Associate Salary in India. Salary estimates are based on 11 latest salaries received from various employees of MUFG Bank India.

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

The average salary of a Senior Associate at MUFG Bank is 28% less than the average salary of a Senior Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than MUFG Bank to a Senior Associate in India?

JPMorgan Chase & Co. Senior Associate Salary - ₹13.0 Lakhs to ₹52.0 Lakhs per year
TIAA Global Business Services Senior Associate Salary - ₹14.0 Lakhs to ₹42.5 Lakhs per year
Northern Trust Senior Associate Salary - ₹8.5 Lakhs to ₹36.3 Lakhs per year
Northern Trust Operating Services Senior Associate Salary - ₹10.7 Lakhs to ₹31.0 Lakhs per year
TSYS|Total System Services Senior Associate Salary - ₹16.0 Lakhs to ₹21.5 Lakhs per year

What is the salary of a Senior Associate in companies similar to MUFG Bank in India?

Macquarie Group Senior Associate Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Apex Group Senior Associate Salary - ₹6.5 Lakhs to ₹17.0 Lakhs per year
Wells Fargo Senior Associate Salary - ₹4.8 Lakhs to ₹16.6 Lakhs per year
HSBC Group Senior Associate Salary - ₹8.9 Lakhs to ₹20.0 Lakhs per year
State Bank of India Senior Associate Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Senior Associate at MUFG Bank in India?

The estimated take-home salary of a Senior Associate at MUFG Bank ranges between ₹51,706 per month to ₹52,925 per month in India. The take-home salary calculation is based on the average MUFG Bank Senior Associate salary in India which ranges between ₹4.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at MUFG Bank?

According to AmbitionBox, 90% of the MUFG Bank Senior Associates reported a notice period of 2 Months, 10% reported a notice period of 3 Months.This is based on 10 responses on AmbitionBox in last 2 years.

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MUFG Bank Senior Associate Salaries

MUFG Bank Senior Associate salary in India ranges between ₹4.6 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 MUFG Bank latest salaries received from various employees of MUFG Bank.