MUFG Bank Software Developer Salaries by 9 Employees

1 - 6 years exp.

₹2.5 Lakhs - ₹9.4 Lakhs

Salary of majority employees

33% less than the average Software Developer Salary in Financial Services Companies for 1 - 6 years of experience

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Last Updated: 13 Oct 2023

Companies similar to MUFG Bank for Software Developer

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Motilal Oswal Financial Services Software Developer Salary 2 - 5 years exp. (61 salaries)	₹3.3 L/yr - ₹12 L/yr 27% more
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Software Developer salary at MUFG Bank ranges between ₹2.5 Lakhs to ₹9.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Software Developer salaries

Last Updated: 13 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
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3 years (3 salaries)	₹3.6 L/yr - ₹8.7 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹8.7 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.4 L/yr

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Salary related reviews for MUFG Bank

5.0

Rated by 1 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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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MUFG Bank Software Developer Salary FAQs

What is the salary of Software Developer at MUFG Bank?

Software Developer salary at MUFG Bank in India ranges between ₹2.5 Lakhs to ₹9.4 Lakhs for experience between 1 years to 6 years. According to our estimates it is 33% less than the average Software Developer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of MUFG Bank India.

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

The average salary of a Software Developer at MUFG Bank is 33% less than the average salary of a Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than MUFG Bank to a Software Developer in India?

Commonwealth Bank of Australia, India Software Developer Salary - ₹13.0 Lakhs to ₹36.0 Lakhs per year
Wells Fargo Software Developer Salary - ₹19.0 Lakhs to ₹36.0 Lakhs per year
JPMorgan Chase & Co. Software Developer Salary - ₹10.0 Lakhs to ₹37.2 Lakhs per year
Citicorp Software Developer Salary - ₹11.0 Lakhs to ₹29.2 Lakhs per year
TSYS|Total System Services Software Developer Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Software Developer in companies similar to MUFG Bank in India?

Macquarie Group Software Developer Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Software Developer Salary - ₹8.8 Lakhs to ₹31.6 Lakhs per year
Oracle Software Developer Salary - ₹8.0 Lakhs to ₹32.0 Lakhs per year
IBM Software Developer Salary - ₹10.2 Lakhs to ₹30.0 Lakhs per year
Ameriprise Financial Software Developer Salary - ₹9.5 Lakhs to ₹24.5 Lakhs per year

What is the estimated take home salary of a Software Developer at MUFG Bank in India?

The estimated take-home salary of a Software Developer at MUFG Bank ranges between ₹39,780 per month to ₹40,948 per month in India. The take-home salary calculation is based on the average MUFG Bank Software Developer salary in India which ranges between ₹2.5 Lakhs to ₹9.4 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at MUFG Bank?

According to AmbitionBox, 100% of the MUFG Bank Software Developers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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MUFG Bank Software Developer Salaries

MUFG Bank Software Developer salary in India ranges between ₹2.5 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 MUFG Bank latest salaries received from various employees of MUFG Bank.