MUFG Mumbai AVP Salaries by 4 Employees (Updated 2025)

4 - 7 years exp.

₹24 Lakhs - ₹33 Lakhs

Salary of majority employees

At par with the average AVP Salary in Financial Services Companies for 4 - 7 years of experience

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Last Updated: 28 Dec 2024

Companies similar to MUFG for AVP in Mumbai

MUFG AVP Salary

4 - 7 years exp. (4 salaries)

₹24 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India AVP Salary 4 - 10 years exp. (4 salaries)	₹7 L/yr - ₹16 L/yr 56% less
HDFC Bank AVP Salary 9 - 23 years exp. (157 salaries)	₹15 L/yr - ₹40 L/yr 9% less
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Axis Bank AVP Salary 10 - 21 years exp. (163 salaries)	₹12.5 L/yr - ₹42 L/yr 10% less
Kotak Mahindra Bank AVP Salary 8 - 18 years exp. (63 salaries)	₹11 L/yr - ₹34 L/yr 26% less
IndusInd Bank AVP Salary 6 - 18 years exp. (97 salaries)	₹9 L/yr - ₹25 L/yr 42% less
Yes Bank AVP Salary 6 - 18 years exp. (97 salaries)	₹11 L/yr - ₹25 L/yr 45% less
Federal Bank AVP Salary 15 - 16 years exp. (4 salaries)	₹30 L/yr - ₹40 L/yr 18% more
IDFC FIRST Bank AVP Salary 10 - 20 years exp. (45 salaries)	₹18 L/yr - ₹37 L/yr 10% less
RBL Bank AVP Salary 7 - 20 years exp. (42 salaries)	₹12 L/yr - ₹23.8 L/yr 40% less
Deutsche Bank AVP Salary 9 - 20 years exp. (121 salaries)	₹22.3 L/yr - ₹48 L/yr 12% more
Barclays AVP Salary 7 - 18 years exp. (66 salaries)	₹19 L/yr - ₹45 L/yr 10% more
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Bank of America AVP Salary 12 - 20 years exp. (21 salaries)	₹21.9 L/yr - ₹50 L/yr 24% more
ICICI Lombard General Insurance Company AVP Salary 11 - 18 years exp. (20 salaries)	₹16 L/yr - ₹39 L/yr 12% less
Bandhan Bank AVP Salary 12 - 17 years exp. (9 salaries)	₹18 L/yr - ₹29 L/yr 22% less
AU Small Finance Bank AVP Salary 8 - 17 years exp. (9 salaries)	₹12.8 L/yr - ₹27 L/yr 32% less
HDFC Life AVP Salary 15 - 23 years exp. (9 salaries)	₹25 L/yr - ₹39 L/yr 20% more
HDB Financial Services AVP Salary 0 - 26 years exp. (4 salaries)	₹24 L/yr - ₹27 L/yr 15% less

AVP salary at MUFG ranges between ₹24 Lakhs to ₹33 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of MUFG.

Experience wise MUFG AVP salaries in Mumbai

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹24 L/yr - ₹45.8 L/yr
5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹28 L/yr
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6 years (AmbitionBox Estimate)	₹24.4 L/yr - ₹31.2 L/yr
7 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹33 L/yr

Similar Designation salaries in MUFG

Assistant Vice President Salary

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Analyst Salary

(6 salaries)

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Senior Associate Salary

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Business Analyst Salary

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₹18 L/yr - ₹18.3 L/yr

Salary related reviews for MUFG

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

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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MUFG AVP Salary FAQs

What is the salary of AVP at MUFG Mumbai?

AVP salary at MUFG in Mumbai ranges between ₹24.0 Lakhs to ₹33.0 Lakhs for experience between 4 years to 7 years. According to our estimates it is 1% less than the average AVP Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MUFG Mumbai.

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

The average salary of a AVP at MUFG is 1% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than MUFG to a AVP in Mumbai?

Bank of America AVP Salary - ₹21.9 Lakhs to ₹50.0 Lakhs per year
HDFC Life AVP Salary - ₹25.0 Lakhs to ₹39.0 Lakhs per year
Federal Bank AVP Salary - ₹30.0 Lakhs to ₹40.0 Lakhs per year
Deutsche Bank AVP Salary - ₹22.3 Lakhs to ₹48.0 Lakhs per year
Barclays AVP Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a AVP in companies similar to MUFG in Mumbai?

HDFC Bank AVP Salary - ₹15.0 Lakhs to ₹40.0 Lakhs per year
IDFC FIRST Bank AVP Salary - ₹18.0 Lakhs to ₹37.0 Lakhs per year
Axis Bank AVP Salary - ₹12.5 Lakhs to ₹42.0 Lakhs per year
ICICI Lombard General Insurance Company AVP Salary - ₹16.0 Lakhs to ₹39.0 Lakhs per year
HDB Financial Services AVP Salary - ₹24.0 Lakhs to ₹27.0 Lakhs per year

What is the estimated take home salary of a AVP at MUFG in Mumbai?

The estimated take-home salary of a AVP at MUFG ranges between ₹1,80,821 per month to ₹1,87,861 per month in Mumbai. The take-home salary calculation is based on the average MUFG AVP salary in India which ranges between ₹24.0 Lakhs to ₹33.0 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for AVP at MUFG in Mumbai?

According to AmbitionBox, 100% of the MUFG AVPs in Mumbai reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

MUFG AVP salary in Mumbai ranges between ₹24 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MUFG latest salaries received from various employees of MUFG.