MUFG Bank Vice President Technology Salaries by 4 Employees

20 - 22 years exp.

₹42 Lakhs - ₹46 Lakhs

Salary of majority employees

16% less than the average Vice President Technology Salary in Financial Services Companies for 20 - 22 years of experience

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Salaries in different departments

Engineering - Software & QA Vice President Technology Salary 20 - 22 years exp. (3 salaries)	₹42 L/yr - ₹46 L/yr
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Teaching & Training Vice President Technology Salary 20 years exp. (AmbitionBox Estimate)	₹40.5 L/yr - ₹49.5 L/yr

Last Updated: 4 Jan 2024

Companies similar to MUFG Bank for Vice President Technology

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Vice President Technology Salary 11 - 19 years exp. (93 salaries)	₹30 L/yr - ₹70 L/yr 15% more
Citicorp Vice President Technology Salary 12 - 18 years exp. (65 salaries)	₹34 L/yr - ₹65 L/yr 15% more
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Wells Fargo Vice President Technology Salary 12 - 19 years exp. (33 salaries)	₹32.7 L/yr - ₹99.1 L/yr 34% more
UBS Vice President Technology Salary 13 - 25 years exp. (12 salaries)	₹41 L/yr - ₹75 L/yr 26% more
BNY Vice President Technology Salary 11 - 16 years exp. (10 salaries)	₹30.3 L/yr - ₹50 L/yr 9% less
Macquarie Group Vice President Technology Salary 17 - 19 years exp. (4 salaries)	₹50 L/yr - ₹55 L/yr 19% more
Commonwealth Bank of Australia, India Vice President Technology Salary 16 - 19 years exp. (3 salaries)	₹46 L/yr - ₹78 L/yr 40% more

Vice President Technology salary at MUFG Bank ranges between ₹42 Lakhs to ₹46 Lakhs per year for employees with experience between 20 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Vice President Technology salaries

Last Updated: 4 Jan 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹42 L/yr - ₹46 L/yr
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Similar Designation salaries in MUFG Bank

Project Manager Salary

(3 salaries)

₹24 L/yr - ₹28 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Technical Lead Salary

(4 salaries)

₹21 L/yr - ₹30.28 L/yr

Technical Manager Salary

(AmbitionBox Estimate)

₹22.3 L/yr - ₹28.5 L/yr

Software Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹46 L/yr

Team Lead Salary

(5 salaries)

₹3 L/yr - ₹23.31 L/yr

Senior Associate Salary

(11 salaries)

₹4.62 L/yr - ₹7.5 L/yr

Senior Software Developer Salary

(4 salaries)

₹13 L/yr - ₹25 L/yr

Senior Consultant Salary

(3 salaries)

₹24 L/yr - ₹26 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

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.

see more salary related reviews

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MUFG Bank Vice President Technology Salary FAQs

What is the salary of Vice President Technology at MUFG Bank ?

The average salary of a Vice President Technology at MUFG Bank in India typically ranges from ₹42.0 Lakhs to ₹46.0 Lakhs per year, depending on experience (from 20 years to 22 years).

The top 10% of Vice President Technology at MUFG Bank earn more than ₹46.0 Lakhs per year, and the top 1% earn over ₹46.0 Lakhs per year. Vice President Technology Salaries at MUFG Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 MUFG Bank employees in India.

What is the estimated take home salary of a Vice President Technology at MUFG Bank in India?

The estimated take-home salary of a Vice President Technology at MUFG Bank in India typically ranges from ₹2,58,378 to ₹2,68,924 per month. This is based on the average salary range of ₹42.0 Lakhs to ₹46.0 Lakhs per year for employees with experience ranging from 20 years to 22 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of MUFG Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MUFG Bank for Vice President Technology in India?

Commonwealth Bank of Australia, India	₹46.0 Lakhs to ₹78.0 Lakhs per year
Wells Fargo	₹32.7 Lakhs to ₹99.1 Lakhs per year
UBS	₹41.0 Lakhs to ₹75.0 Lakhs per year
Macquarie Group	₹50.0 Lakhs to ₹55.0 Lakhs per year
Citicorp	₹34.0 Lakhs to ₹65.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MUFG Bank, depending on the role and experience level.

What is the salary of a Vice President Technology in companies similar to MUFG Bank in India?

The salary of a Vice President Technology at companies similar to MUFG Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co.	₹30.0 Lakhs to ₹70.0 Lakhs per year
BNY	₹30.3 Lakhs to ₹50.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Vice President Technology at MUFG Bank in India?

The salary growth for a Vice President Technology at MUFG Bank depends on factors such as experience, performance, and promotions. On average, a Vice President Technology can expect the following growth trajectory at MUFG Bank:

Experience	Average Salary Range
15 years	₹42.0 Lakhs to ₹46.0 Lakhs per year

and so on.

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MUFG Bank Vice President Technology Salaries

MUFG Bank Vice President Technology salary in India ranges between ₹42 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MUFG Bank latest salaries received from various employees of MUFG Bank.