MUFG Business Analyst Salaries by 5 Employees (Updated 2025)

10 - 12 years exp.

₹18 Lakhs - ₹20 Lakhs

Salary of majority employees

92% more than the average Business Analyst Salary in Financial Services Companies for 10 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Analyst Salary 10 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹20 L/yr
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Project & Program Management Business Analyst Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹20.1 L/yr

Last Updated: 2 Feb 2025

Companies similar to MUFG for Business Analyst

Company name	Avg Annual Salary	Open Jobs
TCS Business Analyst Salary 0 - 13 years exp. (9k salaries)	₹4 L/yr - ₹15 L/yr 53% less
Genpact Business Analyst Salary 0 - 12 years exp. (5k salaries)	₹4 L/yr - ₹12.1 L/yr 58% less	3 job openings
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IBM Business Analyst Salary 0 - 13 years exp. (1.4k salaries)	₹3.8 L/yr - ₹22.2 L/yr 35% less
ICICI Bank Business Analyst Salary 0 - 12 years exp. (951 salaries)	₹4 L/yr - ₹15.1 L/yr 51% less
HDFC Bank Business Analyst Salary 0 - 13 years exp. (799 salaries)	₹4.5 L/yr - ₹18.5 L/yr 44% less	4 job openings
Barclays Business Analyst Salary 0 - 14 years exp. (648 salaries)	₹8 L/yr - ₹30 L/yr 11% less
Axis Bank Business Analyst Salary 0 - 11 years exp. (588 salaries)	₹4.5 L/yr - ₹18.2 L/yr 43% less
Standard Chartered Business Analyst Salary 5 - 15 years exp. (330 salaries)	₹9.1 L/yr - ₹34.9 L/yr 7% more
Mphasis Business Analyst Salary 1 - 9 years exp. (327 salaries)	₹4 L/yr - ₹17 L/yr 48% less
Kotak Mahindra Bank Business Analyst Salary 1 - 10 years exp. (308 salaries)	₹4.6 L/yr - ₹19 L/yr 43% less
Deutsche Bank Business Analyst Salary 1 - 13 years exp. (187 salaries)	₹7.4 L/yr - ₹23.7 L/yr 30% less	4 job openings
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IDFC FIRST Bank Business Analyst Salary 2 - 10 years exp. (186 salaries)	₹5.7 L/yr - ₹23 L/yr 31% less
IndusInd Bank Business Analyst Salary 2 - 13 years exp. (181 salaries)	₹3.8 L/yr - ₹15 L/yr 53% less
S&P Global Business Analyst Salary 1 - 10 years exp. (147 salaries)	₹4.8 L/yr - ₹19.1 L/yr 39% less
Yes Bank Business Analyst Salary 1 - 11 years exp. (136 salaries)	₹3.5 L/yr - ₹14.3 L/yr 56% less
Synechron Business Analyst Salary 8 - 16 years exp. (121 salaries)	₹10 L/yr - ₹38 L/yr 24% more
Bajaj Finserv Business Analyst Salary 1 - 6 years exp. (105 salaries)	₹4.9 L/yr - ₹17.1 L/yr 46% less	2 job openings
Bank of America Business Analyst Salary 2 - 12 years exp. (99 salaries)	₹7.1 L/yr - ₹26 L/yr 20% less
Infosys BPM Business Analyst Salary 0 - 9 years exp. (93 salaries)	₹2 L/yr - ₹9.5 L/yr 76% less
Udaan Business Analyst Salary 1 - 4 years exp. (92 salaries)	₹5 L/yr - ₹21.3 L/yr 37% less

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Business Analyst salary at MUFG ranges between ₹18 Lakhs to ₹20 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of MUFG.

Experience wise MUFG Business Analyst salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹18 L/yr - ₹20 L/yr
11 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹33.9 L/yr
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12 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹33.2 L/yr

Similar Designation salaries in MUFG

Senior Business Analyst Salary

(3 salaries)

₹19.5 L/yr - ₹25.5 L/yr

Senior Analyst Salary

(30 salaries)

₹9 L/yr - ₹25.5 L/yr

Analyst Salary

(54 salaries)

₹5 L/yr - ₹17 L/yr

Team Lead Salary

(4 salaries)

₹12.5 L/yr - ₹23 L/yr

Data Scientist Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹23.9 L/yr - ₹30.6 L/yr

Senior Associate Salary

(5 salaries)

₹3.5 L/yr - ₹7.05 L/yr

Senior Consultant Salary

(5 salaries)

₹20 L/yr - ₹35 L/yr

Assistant Vice President Salary

(28 salaries)

₹15 L/yr - ₹40 L/yr

Senior Software Engineer Salary

(6 salaries)

₹17 L/yr - ₹30 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

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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Salary Discussions, Hike & Promotions

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 Business Analyst Salary FAQs

What is the salary of Business Analyst at MUFG ?

The average salary of a Business Analyst at MUFG in India typically ranges from ₹18.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Business Analyst at MUFG earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Business Analyst 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 5 MUFG employees in India.

What is the estimated take home salary of a Business Analyst at MUFG in India?

The estimated take-home salary of a Business Analyst at MUFG in India typically ranges from ₹1,25,486 to ₹1,29,473 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 10 years to 12 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 5 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 Business Analyst in India?

Synechron	₹10.0 Lakhs to ₹38.0 Lakhs per year
Standard Chartered	₹9.1 Lakhs to ₹34.9 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 Business Analyst in companies similar to MUFG in India?

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

Barclays	₹8.0 Lakhs to ₹30.0 Lakhs per year
Bank of America	₹7.1 Lakhs to ₹26.0 Lakhs per year
Deutsche Bank	₹7.4 Lakhs to ₹23.7 Lakhs per year
IDFC FIRST Bank	₹5.7 Lakhs to ₹23.0 Lakhs per year
IBM	₹3.8 Lakhs to ₹22.2 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 Business Analyst at MUFG in India?

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

Experience	Average Salary Range
10 years	₹18.0 Lakhs to ₹20.0 Lakhs per year
11 years	₹18.3 Lakhs to ₹33.9 Lakhs per year
12 years	₹18.3 Lakhs to ₹33.2 Lakhs per year

and so on.

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MUFG Business Analyst Salaries

MUFG Business Analyst salary in India ranges between ₹18 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MUFG latest salaries received from various employees of MUFG.