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MUFG Bank Vice President salaries in Mumbai

Annual salary range
10 - 20 years exp.
₹26 Lakhs - ₹70 Lakhs
Salary of majority employees
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At par with 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)
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₹26 L/yr - ₹45 L/yr

Finance & Accounting
Vice President Salary
12 - 16 years exp. (5 salaries)
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₹35 L/yr - ₹47 L/yr

Risk Management & Compliance
Vice President Salary
12 - 14 years exp. (5 salaries)
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₹30.1 L/yr - ₹50 L/yr

IT & Information Security
Vice President Salary
18 years exp. (AmbitionBox Estimate)
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₹48.6 L/yr - ₹58.8 L/yr

Project & Program Management
Vice President Salary
14 years exp. (AmbitionBox Estimate)
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₹30 L/yr - ₹53.3 L/yr

Last Updated: 26 Dec 2024

Companies similar to MUFG Bank for Vice President in Mumbai

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MUFG Bank Vice President Salary

10 - 20 years exp. (37 salaries)

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₹26 L/yr - ₹70 L/yr

vs
Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Vice President Salary

8 - 24 years exp. (1.3k salaries)

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₹20 L/yr - ₹68 L/yr

arrow icon 8% more
52 job openings
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Citicorp Vice President Salary

8 - 24 years exp. (839 salaries)

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₹25 L/yr - ₹70 L/yr

arrow icon 12% more
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UBS Vice President Salary

10 - 21 years exp. (272 salaries)

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₹24 L/yr - ₹75.1 L/yr

arrow icon 15% more
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HSBC Group Vice President Salary

6 - 22 years exp. (128 salaries)

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₹16.1 L/yr - ₹63 L/yr

arrow icon 21% less
6 job openings
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BNY Vice President Salary

7 - 20 years exp. (65 salaries)

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₹14.5 L/yr - ₹61.6 L/yr

arrow icon 24% less
33 job openings
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Wells Fargo Vice President Salary

12 - 19 years exp. (29 salaries)

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₹25 L/yr - ₹63 L/yr

arrow icon 3% more
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Apex Group Vice President Salary

12 - 20 years exp. (14 salaries)

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₹20 L/yr - ₹48 L/yr

arrow icon 13% less
2 job openings
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Macquarie Group Vice President Salary

14 - 19 years exp. (6 salaries)

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₹52 L/yr - ₹93 L/yr

arrow icon 40% more
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.

Latest annual salaries shared by MUFG Bank Vice President in Mumbai

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18 years exp.
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18 years exp.
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14 years exp.
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10 years exp.
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12 years exp.
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12 years exp.
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13 years exp.
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12 years exp.
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12 years exp.
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11 years exp.

Experience wise MUFG Bank Vice President salaries in Mumbai

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
10 years  (3 salaries)

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₹26.5 L/yr - ₹78.2 L/yr
11 years (AmbitionBox Estimate)

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₹38.3 L/yr - ₹50 L/yr
12 years  (8 salaries)

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₹30.1 L/yr - ₹47 L/yr
13 years  (6 salaries)

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₹26 L/yr - ₹70 L/yr
14 years  (3 salaries)

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₹30 L/yr - ₹50 L/yr
View all

Similar Designation salaries in MUFG Bank

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₹12.9 L/yr - ₹35 L/yr
Director Salary
(8 salaries)
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₹50 L/yr - ₹93 L/yr
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₹24 L/yr - ₹33 L/yr
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₹49 L/yr - ₹54 L/yr

Salary related reviews for MUFG Bank

4.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Bad
  • +2 more

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

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Bad
  • +5 more

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

read more
  • 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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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.

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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MUFG Bank Vice President Salary FAQs

What is the salary of Vice President at MUFG Bank in Mumbai?
The average salary of a Vice President at MUFG Bank in Mumbai typically ranges from ₹26.0 Lakhs to ₹70.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Vice President in Mumbai at MUFG Bank earn more than ₹57.0 Lakhs per year, and the top 1% earn over ₹70.0 Lakhs per year. Vice President 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 30+ MUFG Bank employees in India.
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 in Mumbai typically ranges from ₹2,66,282 to ₹2,77,185 per month. This is based on the average salary range of ₹26.0 Lakhs to ₹70.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 30+ 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 in India?
Macquarie Group ₹52.0 Lakhs to ₹93.0 Lakhs per year
UBS ₹24.0 Lakhs to ₹75.1 Lakhs per year
Citicorp ₹25.0 Lakhs to ₹70.0 Lakhs per year
JPMorgan Chase & Co. ₹20.0 Lakhs to ₹68.0 Lakhs per year
Wells Fargo ₹25.0 Lakhs to ₹63.0 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 in companies similar to MUFG Bank in Mumbai?
The salary of a Vice President at companies similar to MUFG Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Apex Group ₹20.0 Lakhs to ₹48.0 Lakhs per year
HSBC Group ₹16.1 Lakhs to ₹63.0 Lakhs per year
BNY ₹14.5 Lakhs to ₹61.6 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 at MUFG Bank in Mumbai?
The salary growth for a Vice President at MUFG Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Vice President in Mumbai can expect the following growth trajectory at MUFG Bank:

Experience Average Salary Range
10 years ₹26.5 Lakhs to ₹78.2 Lakhs per year
11 years ₹38.3 Lakhs to ₹50.0 Lakhs per year
12 years ₹30.1 Lakhs to ₹47.0 Lakhs per year
13 years ₹26.0 Lakhs to ₹70.0 Lakhs per year
and so on.

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