MUFG Bank Software Engineer Salaries by 3 Employees

0 - 6 years exp.

₹4.2 Lakhs - ₹46 Lakhs

Low Confidence

Salary of majority employees

158% more than the average Software Engineer Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

IT & Information Security Software Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr
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Production, Manufacturing & Engineering Software Engineer Salary Fresher (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 19 Dec 2024

Companies similar to MUFG Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Software Engineer Salary 0 - 4 years exp. (10 salaries)	₹9 L/yr - ₹15 L/yr 51% less
ICICI Bank Software Engineer Salary 0 - 5 years exp. (76 salaries)	₹3.8 L/yr - ₹11.9 L/yr 61% less
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HDFC Bank Software Engineer Salary 1 - 6 years exp. (90 salaries)	₹2.6 L/yr - ₹12.9 L/yr 65% less
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 69% less
Kotak Mahindra Bank Software Engineer Salary 2 - 7 years exp. (36 salaries)	₹10.7 L/yr - ₹20.9 L/yr 42% less
IndusInd Bank Software Engineer Salary 1 - 7 years exp. (16 salaries)	₹2.4 L/yr - ₹9.8 L/yr 66% less
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 76% less
Punjab National Bank Software Engineer Salary 0 - 7 years exp. (3 salaries)	₹1.4 L/yr - ₹8 L/yr 77% less
Bank of Baroda Software Engineer Salary 0 - 4 years exp. (7 salaries)	₹9.9 L/yr - ₹18.2 L/yr 41% less
Canara Bank Software Engineer Salary 2 - 4 years exp. (8 salaries)	₹3.4 L/yr - ₹4.8 L/yr 82% less
JPMorgan Chase & Co. Software Engineer Salary 0 - 13 years exp. (2.6k salaries)	₹10.5 L/yr - ₹35 L/yr 19% more	14 job openings
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Wells Fargo Software Engineer Salary 1 - 5 years exp. (527 salaries)	₹7.7 L/yr - ₹31 L/yr 11% less	4 job openings
HSBC Group Software Engineer Salary 0 - 6 years exp. (1.4k salaries)	₹5 L/yr - ₹14.4 L/yr 54% less	2 job openings
Fidelity Investments Software Engineer Salary 1 - 7 years exp. (902 salaries)	₹7 L/yr - ₹23.5 L/yr 28% less
TSYS\|Total System Services Software Engineer Salary 2 - 6 years exp. (289 salaries)	₹6.1 L/yr - ₹23 L/yr 35% less
FactSet Software Engineer Salary 0 - 6 years exp. (253 salaries)	₹6.8 L/yr - ₹26 L/yr 30% less	2 job openings
Citicorp Software Engineer Salary 1 - 10 years exp. (238 salaries)	₹12.1 L/yr - ₹36 L/yr 1% less
Commonwealth Bank of Australia, India Software Engineer Salary 3 - 9 years exp. (200 salaries)	₹12 L/yr - ₹35.6 L/yr 15% more
TIAA Global Business Services Software Engineer Salary 0 - 8 years exp. (54 salaries)	₹7.5 L/yr - ₹25.8 L/yr 31% less
ANZ Operations & Technology Software Engineer Salary 0 - 10 years exp. (55 salaries)	₹11 L/yr - ₹32.5 L/yr 8% less

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Software Engineer salary at MUFG Bank ranges between ₹4.2 Lakhs to ₹46 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Software Engineer salaries

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
5 years (AmbitionBox Estimate)	₹41.4 L/yr - ₹52.9 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in MUFG Bank

System Engineer Salary

(AmbitionBox Estimate)

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Senior Software Engineer Salary

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₹27 L/yr - ₹34.5 L/yr

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Team Lead Salary

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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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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 Engineer Salary FAQs

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

According to AmbitionBox, 50% of the MUFG Bank Software Engineers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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MUFG Bank Software Engineer Salaries

MUFG Bank Software Engineer salary in India ranges between ₹4.2 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 MUFG Bank latest salaries received from various employees of MUFG Bank.