MUFG Bank Software Development Engineer Salaries by Employees (Updated 2025)

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₹30.6 Lakhs - ₹39.1 Lakhs

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Last Updated: 10 May 2024

Companies similar to MUFG Bank for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
Axis Bank Software Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹8 L/yr - ₹9.8 L/yr 74% less
Kotak Mahindra Bank Software Development Engineer Salary 2 - 4 years exp. (14 salaries)	₹12 L/yr - ₹37 L/yr 35% less
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JPMorgan Chase & Co. Software Development Engineer Salary 0 - 6 years exp. (65 salaries)	₹12 L/yr - ₹26.5 L/yr 47% less
Wells Fargo Software Development Engineer Salary 1 - 11 years exp. (13 salaries)	₹13 L/yr - ₹29 L/yr 37% less
FactSet Software Development Engineer Salary 0 - 2 years exp. (7 salaries)	₹9 L/yr - ₹15 L/yr 65% less
Fidelity Investments Software Development Engineer Salary 0 - 3 years exp. (8 salaries)	₹9 L/yr - ₹16.4 L/yr 62% less
TSYS\|Total System Services Software Development Engineer Salary 0 - 9 years exp. (7 salaries)	₹8 L/yr - ₹14 L/yr 68% less
HSBC Group Software Development Engineer Salary 0 - 2 years exp. (5 salaries)	₹7 L/yr - ₹13 L/yr 72% less
Synchrony Software Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹13.5 L/yr - ₹16.4 L/yr 59% less
Motilal Oswal Financial Services Software Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 88% less

Software Development Engineer salary at MUFG Bank ranges between ₹30.6 Lakhs to ₹39.1 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of MUFG Bank.

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Salary related reviews for MUFG Bank

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.

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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MUFG Bank Software Development Engineer Salary FAQs

What is the notice period for Software Development Engineer at MUFG Bank?

According to AmbitionBox, 100% of the MUFG Bank Software Development Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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MUFG Bank Software Development Engineer Salaries

MUFG Bank Software Development Engineer salary in India ranges between ₹30.6 Lakhs to ₹39.1 Lakhs. This is an estimate based on latest salaries received from employees of MUFG Bank.