MUFG Bank Mumbai Vice President Salaries by 30+ Employees (Updated 2025)

10 - 20 years exp.

₹26 Lakhs - ₹70 Lakhs

Salary of majority employees

5% less than the average Vice President Salary in Financial Services Companies for 10 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Vice President Salary 10 - 18 years exp. (13 salaries)	₹26 L/yr - ₹45 L/yr
Finance & Accounting Vice President Salary 12 - 16 years exp. (5 salaries)	₹35 L/yr - ₹47 L/yr
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Risk Management & Compliance Vice President Salary 12 - 14 years exp. (5 salaries)	₹30.1 L/yr - ₹50 L/yr
IT & Information Security Vice President Salary 18 years exp. (AmbitionBox Estimate)	₹45.2 L/yr - ₹58.8 L/yr
Project & Program Management Vice President Salary 14 years exp. (AmbitionBox Estimate)	₹30 L/yr - ₹50.1 L/yr

Last Updated: 26 Dec 2024

Companies similar to MUFG Bank for Vice President in Mumbai

MUFG Bank Vice President Salary

10 - 20 years exp. (37 salaries)

₹26 L/yr - ₹70 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Vice President Salary 13 - 25 years exp. (166 salaries)	₹25 L/yr - ₹67.2 L/yr 12% more
ICICI Bank Vice President Salary 7 - 15 years exp. (12 salaries)	₹24 L/yr - ₹55 L/yr 17% less
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Axis Bank Vice President Salary 11 - 26 years exp. (407 salaries)	₹22 L/yr - ₹68 L/yr 4% less	2 job openings
Kotak Mahindra Bank Vice President Salary 12 - 21 years exp. (291 salaries)	₹20 L/yr - ₹60 L/yr 6% less	3 job openings
State Bank of India Vice President Salary 6 - 15 years exp. (7 salaries)	₹15 L/yr - ₹31 L/yr 55% less
JPMorgan Chase & Co. Vice President Salary 8 - 24 years exp. (1.3k salaries)	₹20 L/yr - ₹68 L/yr 6% more	38 job openings
Citicorp Vice President Salary 8 - 24 years exp. (822 salaries)	₹25 L/yr - ₹70 L/yr 13% more
Yes Bank Vice President Salary 8 - 23 years exp. (718 salaries)	₹11.4 L/yr - ₹35 L/yr 46% less	1 job opening
HSBC Group Vice President Salary 6 - 22 years exp. (141 salaries)	₹16.6 L/yr - ₹63 L/yr 18% less	4 job openings
IndusInd Bank Vice President Salary 11 - 23 years exp. (98 salaries)	₹18 L/yr - ₹53.5 L/yr 9% less
Wells Fargo Vice President Salary 12 - 19 years exp. (29 salaries)	₹25 L/yr - ₹63 L/yr 5% more
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Motilal Oswal Financial Services Vice President Salary 9 - 21 years exp. (27 salaries)	₹16.7 L/yr - ₹40 L/yr 28% less	3 job openings
Apex Group Vice President Salary 12 - 19 years exp. (12 salaries)	₹30.8 L/yr - ₹48 L/yr 11% less
Macquarie Group Vice President Salary 14 - 19 years exp. (6 salaries)	₹52 L/yr - ₹93 L/yr 44% more
Bank of Baroda Vice President Salary 10 - 14 years exp. (3 salaries)	₹32 L/yr - ₹35 L/yr 26% less

Vice President salary at MUFG Bank ranges between ₹26 Lakhs to ₹70 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 37 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Vice President salaries in Mumbai

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
10 years (3 salaries)	₹26.5 L/yr - ₹76.7 L/yr
11 years (AmbitionBox Estimate)	₹38.3 L/yr - ₹50 L/yr
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12 years (8 salaries)	₹30.1 L/yr - ₹47 L/yr
13 years (6 salaries)	₹26 L/yr - ₹70 L/yr
14 years (3 salaries)	₹30 L/yr - ₹50 L/yr
15+ years (15 salaries)	₹37 L/yr - ₹63 L/yr

View all

Similar Designation salaries in MUFG Bank

Assistant Vice President Salary

(56 salaries)

₹11 L/yr - ₹35 L/yr

Director Salary

(8 salaries)

₹50 L/yr - ₹93 L/yr

Associate Vice President Salary

(6 salaries)

₹24 L/yr - ₹33 L/yr

Head Operations Salary

(3 salaries)

₹49 L/yr - ₹54 L/yr

Salary related reviews for MUFG Bank

4.0

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

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.

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.

Work satisfaction - Good

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.

Salary - Poor

+3 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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MUFG Bank Vice President Salary FAQs

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

Vice President salary at MUFG Bank in Mumbai ranges between ₹26.0 Lakhs to ₹70.0 Lakhs for experience between 10 years to 20 years. According to our estimates it is 5% less than the average Vice President Salary in India. Salary estimates are based on 37 latest salaries received from various employees of MUFG Bank Mumbai.

How does the salary of a Vice President at MUFG Bank Mumbai compare with the average salary range for this job?

The average salary of a Vice President at MUFG Bank is 5% less than the average salary of a Vice President in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than MUFG Bank to a Vice President in Mumbai?

Macquarie Group Vice President Salary - ₹52.0 Lakhs to ₹93.0 Lakhs per year
Citicorp Vice President Salary - ₹25.0 Lakhs to ₹70.0 Lakhs per year
HDFC Bank Vice President Salary - ₹25.0 Lakhs to ₹67.2 Lakhs per year
JPMorgan Chase & Co. Vice President Salary - ₹20.0 Lakhs to ₹68.0 Lakhs per year
Wells Fargo Vice President Salary - ₹25.0 Lakhs to ₹63.0 Lakhs per year

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

Axis Bank Vice President Salary - ₹22.0 Lakhs to ₹68.0 Lakhs per year
Kotak Mahindra Bank Vice President Salary - ₹20.0 Lakhs to ₹60.0 Lakhs per year
IndusInd Bank Vice President Salary - ₹18.0 Lakhs to ₹53.5 Lakhs per year
Apex Group Vice President Salary - ₹30.8 Lakhs to ₹48.0 Lakhs per year
ICICI Bank Vice President Salary - ₹24.0 Lakhs to ₹55.0 Lakhs per year

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

The estimated take-home salary of a Vice President at MUFG Bank ranges between ₹2,63,735 per month to ₹2,74,523 per month in Mumbai. The take-home salary calculation is based on the average MUFG Bank Vice President salary in India which ranges between ₹26.0 Lakhs to ₹70.0 Lakhs per year for employees with experience between 10 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Vice President at MUFG Bank in Mumbai?

According to AmbitionBox, 80% of the MUFG Bank Vice Presidents in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 15 responses on AmbitionBox in last 2 years.

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MUFG Bank Vice President Salaries in Mumbai

MUFG Bank Vice President salary in Mumbai ranges between ₹26 Lakhs to ₹70 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 MUFG Bank latest salaries received from various employees of MUFG Bank.