MUFG Mumbai Salaries by 60+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Assistant Vice President 6 - 10 years exp. · Mumbai (8 salaries)	₹24 L/yr - ₹31.1 L/yr
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Analyst 3 - 5 years exp. · Mumbai (6 salaries)	₹5.9 L/yr - ₹15 L/yr
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Senior Associate 5 - 8 years exp. · Mumbai (5 salaries)	₹3.5 L/yr - ₹7.1 L/yr
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AVP 4 - 7 years exp. · Mumbai (4 salaries)	₹24 L/yr - ₹33 L/yr
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Business Analyst 10 - 12 years exp. · Mumbai (3 salaries)	₹18 L/yr - ₹18.3 L/yr
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Automation Test Analyst 1 - 2 years exp. · Mumbai (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
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Senior Analyst 8 - 9 years exp. · Mumbai (AmbitionBox Estimate)	₹10.3 L/yr - ₹21.1 L/yr
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Credit Manager 2 - 9 years exp. · Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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Service Desk Analyst 8 - 9 years exp. · Mumbai (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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Associate Software Developer 2 years exp. · Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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Associate Java Developer 2 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Senior Fund Administrator 2 years exp. · Mumbai (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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Devops Engineer 9 years exp. · Mumbai (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Senior Legal Counsel 16 years exp. · Mumbai (AmbitionBox Estimate)	₹59.9 L/yr - ₹66.2 L/yr
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Director 15 years exp. · Mumbai (AmbitionBox Estimate)	₹96 L/yr - ₹1.1 Cr/yr
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Team Lead 16 years exp. · Mumbai (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
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Test Analyst 6 years exp. · Mumbai (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
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Senior Developer 10 years exp. · Mumbai (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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Application Support Engineer 8 years exp. · Mumbai (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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Treasury Analyst 9 years exp. · Mumbai (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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1w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Salary related reviews for MUFG

3.5

Rated by 12 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.

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)

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

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.

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

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MUFG interview questions by designations

Senior Analyst (2)Analyst (2)Lead Business Analyst (1)Fund Accountant (1)

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Know more about MUFG Mumbai

MUFG Salary FAQs

How much does MUFG pay per year?

The average MUFG salary ranges from approximately ₹4 Lakhs to ₹6 Lakhs per year for a Administrator and ₹35.5 Lakhs to ₹65 Lakhs per year for a Vice President. Salary estimates are based on 64 MUFG salaries received from various employees of MUFG. MUFG employees rate the overall salary and benefits package 3.5/5 stars.

What is the highest salary in MUFG?

The highest-paying job at MUFG is a Vice President with a salary of ₹35.5 Lakhs to ₹65 Lakhs per year. The top 10% of employees earn more than ₹35.50 lakhs per year. The top 1% earn more than a whopping ₹96.02 lakhs per year.

What is the minimum salary in MUFG?

Minimum salary at MUFG depends on the role you are applying for. For Administrator the minimum salary is ₹4 Lakhs to ₹6 Lakhs per year, and for KYC Analyst the minimum salary is ₹5 Lakhs to ₹9.6 Lakhs per year and so on.

What is the notice period at MUFG in Mumbai?

According to AmbitionBox, 86% of the MUFG employees in Mumbai reported a notice period of 2 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 49 responses on AmbitionBox in last 2 years.