MUFG Bank Softwaretest Engineer Salaries by 4 Employees (Updated 2024)

4 - 9 years exp.

₹5.8 Lakhs - ₹7.5 Lakhs

Salary of majority employees

20% more than the average Softwaretest Engineer Salary in Financial Services Companies for 4 - 9 years of experience

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Last Updated: 16 Jun 2024

Companies similar to MUFG Bank for Softwaretest Engineer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Softwaretest Engineer Salary 1 - 7 years exp. (20 salaries)	₹2.4 L/yr - ₹8 L/yr 18% less
HDFC Bank Softwaretest Engineer Salary 2 - 5 years exp. (30 salaries)	₹3 L/yr - ₹9 L/yr 7% less
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Axis Bank Softwaretest Engineer Salary 1 - 7 years exp. (15 salaries)	₹3.1 L/yr - ₹10 L/yr 7% less
Kotak Mahindra Bank Softwaretest Engineer Salary 1 - 4 years exp. (8 salaries)	₹1.7 L/yr - ₹9.3 L/yr 33% less
IndusInd Bank Softwaretest Engineer Salary 2 - 8 years exp. (8 salaries)	₹4 L/yr - ₹14.7 L/yr 25% more
Yes Bank Softwaretest Engineer Salary 1 - 6 years exp. (16 salaries)	₹2.5 L/yr - ₹9 L/yr 23% less
JPMorgan Chase & Co. Softwaretest Engineer Salary 2 - 9 years exp. (96 salaries)	₹12.3 L/yr - ₹31.4 L/yr 172% more
HSBC Group Softwaretest Engineer Salary 1 - 6 years exp. (41 salaries)	₹3.3 L/yr - ₹10.4 L/yr 14% less
Ocwen Financial Solutions Softwaretest Engineer Salary 3 - 6 years exp. (17 salaries)	₹6.2 L/yr - ₹8.9 L/yr 14% more
FactSet Softwaretest Engineer Salary 0 - 8 years exp. (15 salaries)	₹10 L/yr - ₹22.6 L/yr 103% more
Fidelity Investments Softwaretest Engineer Salary 2 - 9 years exp. (14 salaries)	₹4.5 L/yr - ₹14 L/yr 36% more
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Sun Life Financial Softwaretest Engineer Salary 2 - 7 years exp. (12 salaries)	₹4.3 L/yr - ₹14.6 L/yr 26% more
TIAA Global Business Services Softwaretest Engineer Salary 3 - 7 years exp. (8 salaries)	₹6.3 L/yr - ₹22.2 L/yr 114% more
Commonwealth Bank of Australia, India Softwaretest Engineer Salary 3 - 5 years exp. (6 salaries)	₹17.1 L/yr - ₹24 L/yr 211% more
Synchrony Softwaretest Engineer Salary 2 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹12 L/yr 3% more
ANZ Operations & Technology Softwaretest Engineer Salary 1 - 8 years exp. (5 salaries)	₹5.8 L/yr - ₹23.2 L/yr 99% more
Northern Trust Softwaretest Engineer Salary 3 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹28.8 L/yr 82% more
Motilal Oswal Financial Services Softwaretest Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹9 L/yr 18% less
ANZ Banking Group Softwaretest Engineer Salary 3 - 7 years exp. (4 salaries)	₹5 L/yr - ₹19 L/yr 72% more
Ameriprise Financial Softwaretest Engineer Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹18 L/yr 57% more

Softwaretest Engineer salary at MUFG Bank ranges between ₹5.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Softwaretest Engineer salaries

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr

View all

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Salary related reviews for MUFG Bank

5.0

Rated by 1 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

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

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 Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at MUFG Bank?

Softwaretest Engineer salary at MUFG Bank in India ranges between ₹5.8 Lakhs to ₹7.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 20% more than the average Softwaretest Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MUFG Bank India.

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

The average salary of a Softwaretest Engineer at MUFG Bank is 20% more than the average salary of a Softwaretest Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than MUFG Bank to a Softwaretest Engineer in India?

Commonwealth Bank of Australia, India Softwaretest Engineer Salary - ₹17.1 Lakhs to ₹24.0 Lakhs per year
JPMorgan Chase & Co. Softwaretest Engineer Salary - ₹12.3 Lakhs to ₹31.4 Lakhs per year
TIAA Global Business Services Softwaretest Engineer Salary - ₹6.3 Lakhs to ₹22.2 Lakhs per year
FactSet Softwaretest Engineer Salary - ₹10.0 Lakhs to ₹22.6 Lakhs per year
ANZ Operations & Technology Softwaretest Engineer Salary - ₹5.8 Lakhs to ₹23.2 Lakhs per year

What is the salary of a Softwaretest Engineer in companies similar to MUFG Bank in India?

Northern Trust Softwaretest Engineer Salary - ₹6.5 Lakhs to ₹28.8 Lakhs per year
ANZ Banking Group Softwaretest Engineer Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
Ameriprise Financial Softwaretest Engineer Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
Fidelity Investments Softwaretest Engineer Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Sun Life Financial Softwaretest Engineer Salary - ₹4.3 Lakhs to ₹14.6 Lakhs per year

What is the estimated take home salary of a Softwaretest Engineer at MUFG Bank in India?

The estimated take-home salary of a Softwaretest Engineer at MUFG Bank ranges between ₹51,893 per month to ₹53,116 per month in India. The take-home salary calculation is based on the average MUFG Bank Softwaretest Engineer salary in India which ranges between ₹5.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the MUFG Bank Softwaretest Engineers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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MUFG Bank Softwaretest Engineer Salaries

MUFG Bank Softwaretest Engineer salary in India ranges between ₹5.8 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MUFG Bank latest salaries received from various employees of MUFG Bank.