MUFG Bank Senior Manager Salaries by 5 Employees (Updated 2025)

15 - 24 years exp.

₹12.3 Lakhs - ₹28.5 Lakhs

Salary of majority employees

At par with the average Senior Manager Salary in Financial Services Companies for 15 - 24 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹16.9 L/yr - ₹20.7 L/yr
BFSI, Investments & Trading Senior Manager Salary 20 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹13.5 L/yr
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Customer Success, Service & Operations Senior Manager Salary 21 years exp. (AmbitionBox Estimate)	₹25.7 L/yr - ₹31.4 L/yr

Last Updated: 25 Jan 2025

Companies similar to MUFG Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Salary 5 - 15 years exp. (73 salaries)	₹9 L/yr - ₹35 L/yr 4% less
ICICI Bank Senior Manager Salary 1 - 19 years exp. (1.8k salaries)	₹8.5 L/yr - ₹28 L/yr 20% less
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HDFC Bank Senior Manager Salary 4 - 21 years exp. (6k salaries)	₹8 L/yr - ₹24 L/yr 30% less
Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹28.3 L/yr 25% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 1 - 18 years exp. (3.5k salaries)	₹6.5 L/yr - ₹19 L/yr 42% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (341 salaries)	₹5.3 L/yr - ₹20 L/yr 46% less	2 job openings
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.4k salaries)	₹5.8 L/yr - ₹21.6 L/yr 43% less
Punjab National Bank Senior Manager Salary 7 - 15 years exp. (224 salaries)	₹8.6 L/yr - ₹35 L/yr 7% less
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Motilal Oswal Financial Services Senior Manager Salary 5 - 19 years exp. (237 salaries)	₹4.5 L/yr - ₹19.8 L/yr 49% less
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Citicorp Senior Manager Salary 5 - 17 years exp. (218 salaries)	₹10.5 L/yr - ₹29 L/yr 7% less
Wells Fargo Senior Manager Salary 8 - 17 years exp. (87 salaries)	₹17 L/yr - ₹53.8 L/yr 44% more	1 job opening
Fidelity Investments Senior Manager Salary 11 - 19 years exp. (81 salaries)	₹20 L/yr - ₹55 L/yr 87% more
Commonwealth Bank of Australia, India Senior Manager Salary 12 - 20 years exp. (67 salaries)	₹27.3 L/yr - ₹80 L/yr 155% more
JPMorgan Chase & Co. Senior Manager Salary 10 - 17 years exp. (61 salaries)	₹11.6 L/yr - ₹36.1 L/yr 8% more
Ocwen Financial Solutions Senior Manager Salary 13 - 22 years exp. (50 salaries)	₹23.1 L/yr - ₹42.4 L/yr 58% more
HSBC Group Senior Manager Salary 8 - 16 years exp. (48 salaries)	₹11.2 L/yr - ₹50 L/yr 29% more	1 job opening
Axis Direct Senior Manager Salary 7 - 17 years exp. (42 salaries)	₹7.4 L/yr - ₹24.5 L/yr 22% less
Sun Life Financial Senior Manager Salary 11 - 19 years exp. (37 salaries)	₹18 L/yr - ₹48.5 L/yr 57% more

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Senior Manager salary at MUFG Bank ranges between ₹12.3 Lakhs to ₹28.5 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 5 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Senior Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹12.3 L/yr - ₹28.5 L/yr
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Similar Designation salaries in MUFG Bank

Regional Manager Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Deputy Manager Salary

(4 salaries)

₹13 L/yr - ₹20 L/yr

Relationship Manager Salary

(4 salaries)

₹50 L/yr - ₹51 L/yr

Team Lead Salary

(5 salaries)

₹3 L/yr - ₹23.31 L/yr

Salary related reviews for MUFG Bank

3.5

Rated by 2 employees for salary & benefits

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.

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.

Work satisfaction - Good

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.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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MUFG Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at MUFG Bank?

Senior Manager salary at MUFG Bank in India ranges between ₹12.3 Lakhs to ₹28.5 Lakhs for experience between 15 years to 24 years. Salary estimates are based on 5 latest salaries received from various employees of MUFG Bank India.

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

Commonwealth Bank of Australia, India Senior Manager Salary - ₹27.3 Lakhs to ₹80.0 Lakhs per year
Ameriprise Financial Senior Manager Salary - ₹34.2 Lakhs to ₹60.0 Lakhs per year
Northern Trust Operating Services Senior Manager Salary - ₹24.5 Lakhs to ₹62.0 Lakhs per year
FactSet Senior Manager Salary - ₹29.0 Lakhs to ₹58.0 Lakhs per year
Fidelity Investments Senior Manager Salary - ₹20.0 Lakhs to ₹55.0 Lakhs per year

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

TSYS|Total System Services Senior Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year
Northern Trust Senior Manager Salary - ₹22.0 Lakhs to ₹41.0 Lakhs per year
Macquarie Group Senior Manager Salary - ₹27.0 Lakhs to ₹50.0 Lakhs per year
ANZ Operations & Technology Senior Manager Salary - ₹22.0 Lakhs to ₹50.0 Lakhs per year
Ocwen Financial Solutions Senior Manager Salary - ₹23.1 Lakhs to ₹42.4 Lakhs per year

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

The estimated take-home salary of a Senior Manager at MUFG Bank ranges between ₹1,40,530 per month to ₹1,45,748 per month in India. The take-home salary calculation is based on the average MUFG Bank Senior Manager salary in India which ranges between ₹12.3 Lakhs to ₹28.5 Lakhs per year for employees with experience between 15 years to 24 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the MUFG Bank Senior Managers reported a notice period of 2 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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MUFG Bank Senior Manager Salaries

MUFG Bank Senior Manager salary in India ranges between ₹12.3 Lakhs to ₹28.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MUFG Bank latest salaries received from various employees of MUFG Bank.