MUFG Mumbai Assistant Vice President Salaries by 8 Employees (Updated 2025)

6 - 10 years exp.

₹24 Lakhs - ₹33.1 Lakhs

Salary of majority employees

At par with the average Assistant Vice President Salary in Financial Services Companies for 6 - 10 years of experience

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Salaries in different departments

Finance & Accounting Assistant Vice President Salary 6 - 10 years exp. (3 salaries)	₹30.9 L/yr - ₹33.1 L/yr
Risk Management & Compliance Assistant Vice President Salary 7 - 9 years exp. (3 salaries)	₹25 L/yr - ₹28.2 L/yr
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BFSI, Investments & Trading Assistant Vice President Salary 8 years exp. (AmbitionBox Estimate)	₹26.9 L/yr - ₹28.1 L/yr

Last Updated: 22 Feb 2025

Companies similar to MUFG for Assistant Vice President in Mumbai

MUFG Assistant Vice President Salary

6 - 10 years exp. (8 salaries)

₹24 L/yr - ₹33.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (1.2k salaries)	₹14 L/yr - ₹42 L/yr 8% less
HDFC Bank Assistant Vice President Salary 6 - 24 years exp. (1.1k salaries)	₹12 L/yr - ₹40 L/yr 10% less
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Yes Bank Assistant Vice President Salary 4 - 20 years exp. (742 salaries)	₹9 L/yr - ₹28.3 L/yr 40% less
Deutsche Bank Assistant Vice President Salary 7 - 21 years exp. (686 salaries)	₹18.8 L/yr - ₹46 L/yr 14% more	5 job openings
IndusInd Bank Assistant Vice President Salary 6 - 20 years exp. (236 salaries)	₹7.5 L/yr - ₹29 L/yr 38% less
Barclays Assistant Vice President Salary 4 - 19 years exp. (207 salaries)	₹14 L/yr - ₹43 L/yr 10% more
Kotak Mahindra Bank Assistant Vice President Salary 6 - 19 years exp. (136 salaries)	₹11.3 L/yr - ₹38 L/yr 23% less	3 job openings
IDFC FIRST Bank Assistant Vice President Salary 10 - 21 years exp. (132 salaries)	₹14.2 L/yr - ₹50 L/yr 7% more
Bank of America Assistant Vice President Salary 10 - 21 years exp. (119 salaries)	₹21.6 L/yr - ₹55.7 L/yr 35% more	1 job opening
AU Small Finance Bank Assistant Vice President Salary 9 - 17 years exp. (43 salaries)	₹14.5 L/yr - ₹29 L/yr 22% less
Genpact Assistant Vice President Salary 12 - 23 years exp. (22 salaries)	₹24 L/yr - ₹50 L/yr 35% more	6 job openings
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Axis Max Life Insurance Assistant Vice President Salary 14 - 23 years exp. (19 salaries)	₹18.5 L/yr - ₹35 L/yr 8% less	2 job openings
ICICI Bank Assistant Vice President Salary 6 - 18 years exp. (17 salaries)	₹13.1 L/yr - ₹36 L/yr 20% less
HDFC Life Assistant Vice President Salary 13 - 24 years exp. (16 salaries)	₹22.2 L/yr - ₹52 L/yr 23% more	1 job opening
TCS Assistant Vice President Salary 12 - 20 years exp. (15 salaries)	₹21 L/yr - ₹60.8 L/yr 26% more
Bandhan Bank Assistant Vice President Salary 11 - 18 years exp. (11 salaries)	₹12.8 L/yr - ₹32.6 L/yr 22% less
ICICI Lombard General Insurance Company Assistant Vice President Salary 10 - 18 years exp. (8 salaries)	₹14.2 L/yr - ₹31 L/yr 16% less
HDB Financial Services Assistant Vice President Salary 9 - 14 years exp. (6 salaries)	₹22 L/yr - ₹32 L/yr 4% less

Assistant Vice President salary at MUFG ranges between ₹24 Lakhs to ₹33.1 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of MUFG.

Experience wise MUFG Assistant Vice President salaries in Mumbai

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹24 L/yr - ₹33.1 L/yr
7 years (AmbitionBox Estimate)	₹25 L/yr - ₹51.2 L/yr
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8 years (AmbitionBox Estimate)	₹26.9 L/yr - ₹51.3 L/yr
9 years (AmbitionBox Estimate)	₹27 L/yr - ₹31.1 L/yr
10 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹31.1 L/yr

Similar Designation salaries in MUFG

Senior Associate Salary

(5 salaries)

₹3.5 L/yr - ₹7.1 L/yr

Salary related reviews for MUFG

2.8

Rated by 4 employees for salary & benefits

Senior KYC Analyst in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 02 Mar 2024

3.0

for Salary and Benefits

Likes

Found HR is best but not sure what action they have taken after multiple papers put down.

Dislikes

Please don't join this company especially EMEA - KYC region. there is no proper training at the beginning of the job and they will ask us to work on cases from 2nd week only without any proper training. Management is very worst especially "EMEA-KYC" region. Most of them left the company within 6 months of joining.

Skill development - Bad

+5 more

Analyst in Bangalore / Bengaluru

Full Time

Human Resources Department

4.0

• posted on 04 Feb 2025

5.0

for Salary and Benefits

Likes

It is a Japanese company which is very good.

Salary - Excellent

+3 more

Dislikes

All the Indians working here sucks especially the management. Bunch of North Indians pocketing the money and doing groups. Like any other corporate in Bangalore. Japanese are exceptional but Indians and Singaporeans working for MUFG are ruining the good company with their group presence. Embezzling money and job posts.

Skill development - Poor

+1 more

Assistant Vice President in Mumbai

Full Time

Other Department

3.0

• posted on 07 Jun 2023

2.0

for Salary and Benefits

Likes

There is job security - salary and benefits are decent (slightly lower than market standards)

Job security - Excellent

Dislikes

In general, culture wise they’re not very open to changes - it’s too procedural -work life balance is average and new learning isn’t much

Salary - Poor

+4 more

Associate Vice President in Bangalore / Bengaluru

Full Time

Project & Program Management Department

4.0

• posted on 10 May 2024

5.0

for Salary and Benefits

Likes

- Its an excellent company to work with if your above 40+ - Best work life balance I have seen so far. - They set realistic expectation.

Salary - Excellent

+4 more

Dislikes

- if your below 40 then you will not find any thing fast moving. - No rapid drift, need to wait for all. - Waiting time is more feel like working for Government office. - Less Innovation / slow Growth in technology, process and people

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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MUFG Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at MUFG in Mumbai?

The average salary of a Assistant Vice President at MUFG in Mumbai typically ranges from ₹24.0 Lakhs to ₹33.1 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Assistant Vice President in Mumbai at MUFG earn more than ₹32.5 Lakhs per year, and the top 1% earn over ₹33.1 Lakhs per year. Assistant Vice President Salaries at MUFG 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 8 MUFG employees in India.

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

The estimated take-home salary of a Assistant Vice President at MUFG in Mumbai typically ranges from ₹1,77,315 to ₹1,84,196 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹33.1 Lakhs per year for employees with experience ranging from 6 years to 10 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 8 salaries received from various employees of MUFG. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Bank of America	₹21.6 Lakhs to ₹55.7 Lakhs per year
Genpact	₹24.0 Lakhs to ₹50.0 Lakhs per year
TCS	₹21.0 Lakhs to ₹60.8 Lakhs per year
HDFC Life	₹22.2 Lakhs to ₹52.0 Lakhs per year
Deutsche Bank	₹18.8 Lakhs to ₹46.0 Lakhs per year

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

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

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

Barclays	₹14.0 Lakhs to ₹43.0 Lakhs per year
IDFC FIRST Bank	₹14.2 Lakhs to ₹50.0 Lakhs per year
HDB Financial Services	₹22.0 Lakhs to ₹32.0 Lakhs per year
Axis Max Life Insurance	₹18.5 Lakhs to ₹35.0 Lakhs per year
Axis Bank	₹14.0 Lakhs to ₹42.0 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 Assistant Vice President at MUFG in Mumbai?

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

Experience	Average Salary Range
6 years	₹24.0 Lakhs to ₹33.1 Lakhs per year
7 years	₹25.0 Lakhs to ₹51.2 Lakhs per year
8 years	₹26.9 Lakhs to ₹51.3 Lakhs per year
9 years	₹27.0 Lakhs to ₹31.1 Lakhs per year

and so on.

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MUFG Assistant Vice President Salaries in Mumbai

MUFG Assistant Vice President salary in Mumbai ranges between ₹24 Lakhs to ₹33.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 MUFG latest salaries received from various employees of MUFG.