MUFG Bank Senior Associate Salaries by 10 Employees (Updated 2024)

4 - 8 years exp.

₹4 Lakhs - ₹9.6 Lakhs

Salary of majority employees

22% 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 - 7 years exp. (5 salaries)	₹4 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading Senior Associate Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.7 L/yr
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Customer Success, Service & Operations Senior Associate Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹7.7 L/yr

Last Updated: 14 Dec 2024

Companies similar to MUFG Bank for Senior Associate

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Associate Salary 7 - 15 years exp. (61 salaries)	₹4.5 L/yr - ₹14 L/yr 25% more
ICICI Bank Senior Associate Salary 0 - 7 years exp. (563 salaries)	₹1.2 L/yr - ₹4 L/yr 66% less
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HDFC Bank Senior Associate Salary 0 - 11 years exp. (49 salaries)	₹1.7 L/yr - ₹10.7 L/yr 21% less
Axis Bank Senior Associate Salary 1 - 12 years exp. (25 salaries)	₹1.9 L/yr - ₹7.9 L/yr 20% less
Kotak Mahindra Bank Senior Associate Salary 1 - 5 years exp. (115 salaries)	₹1.4 L/yr - ₹4.5 L/yr 64% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹3.8 L/yr - ₹8.2 L/yr 24% less
Yes Bank Senior Associate Salary 3 - 13 years exp. (19 salaries)	₹2.7 L/yr - ₹10 L/yr 29% less
Punjab National Bank Senior Associate Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 27% less
Bank of Baroda Senior Associate Salary 4 years exp. (3 salaries)	₹8.4 L/yr - ₹33 L/yr 182% more
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (2.5k salaries)	₹15 L/yr - ₹49 L/yr 313% more	21 job openings
Apex Group Senior Associate Salary 3 - 13 years exp. (762 salaries)	₹6.5 L/yr - ₹18 L/yr 58% more	5 job openings
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HSBC Group Senior Associate Salary 1 - 8 years exp. (429 salaries)	₹4.6 L/yr - ₹20 L/yr 54% more
Macquarie Group Senior Associate Salary 0 - 5 years exp. (399 salaries)	₹5.5 L/yr - ₹20 L/yr 74% more
TIAA Global Business Services Senior Associate Salary 9 - 15 years exp. (308 salaries)	₹13 L/yr - ₹42.5 L/yr 308% more	4 job openings
Commonwealth Bank of Australia, India Senior Associate Salary 3 - 7 years exp. (223 salaries)	₹5.5 L/yr - ₹12.6 L/yr 14% more	1 job opening
Ameriprise Financial Senior Associate Salary 4 - 9 years exp. (194 salaries)	₹4 L/yr - ₹13.7 L/yr 17% more
Synchrony Senior Associate Salary 1 - 9 years exp. (166 salaries)	₹2.8 L/yr - ₹6.2 L/yr 35% less
Northern Trust Senior Associate Salary 4 - 12 years exp. (139 salaries)	₹7 L/yr - ₹30 L/yr 131% more
Northern Trust Operating Services Senior Associate Salary 6 - 11 years exp. (84 salaries)	₹9.4 L/yr - ₹31 L/yr 174% more	7 job openings
Fidelity Investments Senior Associate Salary 1 - 7 years exp. (80 salaries)	₹2 L/yr - ₹7.9 L/yr 27% less

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Senior Associate salary at MUFG Bank ranges between ₹4 Lakhs to ₹9.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 10 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Senior Associate salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹4 L/yr - ₹7.5 L/yr
5 years (3 salaries)	₹4.6 L/yr - ₹13 L/yr
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6 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.2 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13.4 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.6 L/yr

Similar Designation salaries in MUFG Bank

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(3 salaries)

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Senior Developer Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Team Lead Salary

(5 salaries)

₹3 L/yr - ₹23.31 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Technical Lead Salary

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Software Engineer Salary

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Senior Software Engineer Salary

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Java Developer Salary

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Software Developer Salary

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Senior Software Developer Salary

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Salary related reviews for MUFG Bank

4.6

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.

Dislikes

none

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.

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

Dislikes

For IT professional,Office located in Bangalore only. Should have more working locations like in Pune , Mumbai ,Gujrat and Delhi.

Administration Executive in Kanjurmarg

Other Department

3.0

• posted on 01 Oct 2020

2.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

see more salary related reviews

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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 Senior Associate Salary FAQs

What is the salary of Senior Associate at MUFG Bank?

Senior Associate salary at MUFG Bank in India ranges between ₹4.0 Lakhs to ₹9.6 Lakhs for experience between 4 years to 8 years. According to our estimates it is 22% less than the average Senior Associate Salary in India. Salary estimates are based on 10 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 22% 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 - ₹15.0 Lakhs to ₹49.0 Lakhs per year
TIAA Global Business Services Senior Associate Salary - ₹13.0 Lakhs to ₹42.5 Lakhs per year
Bank of Baroda Senior Associate Salary - ₹8.4 Lakhs to ₹33.0 Lakhs per year
Northern Trust Operating Services Senior Associate Salary - ₹9.4 Lakhs to ₹31.0 Lakhs per year
TSYS|Total System Services Senior Associate Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year

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

Northern Trust Senior Associate Salary - ₹7.0 Lakhs to ₹30.0 Lakhs per year
ANZ Banking Group Senior Associate Salary - ₹9.1 Lakhs to ₹19.2 Lakhs per year
Macquarie Group Senior Associate Salary - ₹5.5 Lakhs to ₹20.0 Lakhs per year
Apex Group Senior Associate Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
ANZ Operations & Technology Senior Associate Salary - ₹6.5 Lakhs to ₹20.0 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 ₹55,224 per month to ₹56,606 per month in India. The take-home salary calculation is based on the average MUFG Bank Senior Associate salary in India which ranges between ₹4.0 Lakhs to ₹9.6 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, 86% of the MUFG Bank Senior Associates reported a notice period of 2 Months, 14% reported a notice period of 3 Months.This is based on 7 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 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 MUFG Bank latest salaries received from various employees of MUFG Bank.