MUFG Mumbai Senior Associate Salaries by 5 Employees (Updated 2025)

5 - 8 years exp.

₹3.5 Lakhs - ₹7.1 Lakhs

Salary of majority employees

46% less than the average Senior Associate Salary in Financial Services Companies for 5 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 8 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr
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BFSI, Investments & Trading Senior Associate Salary 6 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.5 L/yr

Last Updated: 22 Jan 2025

Companies similar to MUFG for Senior Associate in Mumbai

MUFG Senior Associate Salary

5 - 8 years exp. (5 salaries)

₹3.5 L/yr - ₹7.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹2.2 L/yr - ₹10.7 L/yr 12% more
ICICI Bank Senior Associate Salary 0 - 7 years exp. (125 salaries)	₹1.5 L/yr - ₹4 L/yr 55% less
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Axis Bank Senior Associate Salary 2 - 7 years exp. (4 salaries)	₹1.9 L/yr - ₹4.9 L/yr 41% less
Kotak Mahindra Bank Senior Associate Salary 1 - 7 years exp. (26 salaries)	₹1.5 L/yr - ₹4 L/yr 46% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	₹4 L/yr - ₹12 L/yr 37% more
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹7 L/yr 24% less
IDFC FIRST Bank Senior Associate Salary 2 - 8 years exp. (38 salaries)	₹1.6 L/yr - ₹6.3 L/yr 28% less
TCS Senior Associate Salary 0 - 13 years exp. (1.2k salaries)	₹2 L/yr - ₹7.2 L/yr 15% less
HDFC Life Senior Associate Salary 0 - 9 years exp. (488 salaries)	₹1 L/yr - ₹4.6 L/yr 39% less	3 job openings
ICICI Prudential Life Insurance Senior Associate Salary 1 - 9 years exp. (181 salaries)	₹2.5 L/yr - ₹5.3 L/yr 22% less
Synechron Senior Associate Salary 3 - 9 years exp. (57 salaries)	₹7.7 L/yr - ₹26.4 L/yr 222% more	1 job opening
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Deutsche Bank Senior Associate Salary 4 - 11 years exp. (28 salaries)	₹6.9 L/yr - ₹27 L/yr 190% more
ICICI Lombard General Insurance Company Senior Associate Salary 4 - 12 years exp. (10 salaries)	₹4 L/yr - ₹6.5 L/yr 15% less
HDB Financial Services Senior Associate Salary 0 - 6 years exp. (7 salaries)	₹1.7 L/yr - ₹3.5 L/yr 50% less
Standard Chartered Senior Associate Salary 4 - 6 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 9% more
Bank of America Senior Associate Salary 3 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹5.2 L/yr 16% less

Senior Associate salary at MUFG ranges between ₹3.5 Lakhs to ₹7.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of MUFG.

Experience wise MUFG Senior Associate salaries in Mumbai

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr

Similar Designation salaries in MUFG

Assistant Vice President Salary

(8 salaries)

₹24 L/yr - ₹31.05 L/yr

Analyst Salary

(6 salaries)

₹5.88 L/yr - ₹14.5 L/yr

AVP Salary

(4 salaries)

₹24 L/yr - ₹33 L/yr

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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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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MUFG Senior Associate Salary FAQs

What is the salary of Senior Associate at MUFG Mumbai?

Senior Associate salary at MUFG in Mumbai ranges between ₹3.5 Lakhs to ₹7.1 Lakhs for experience between 5 years to 8 years. According to our estimates it is 46% less than the average Senior Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of MUFG Mumbai.

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

The average salary of a Senior Associate at MUFG is 46% less than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.

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

Synechron Senior Associate Salary - ₹7.7 Lakhs to ₹26.4 Lakhs per year
Deutsche Bank Senior Associate Salary - ₹6.9 Lakhs to ₹27.0 Lakhs per year
IndusInd Bank Senior Associate Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Senior Associate Salary - ₹2.2 Lakhs to ₹10.7 Lakhs per year
Standard Chartered Senior Associate Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year

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

TCS Senior Associate Salary - ₹2.0 Lakhs to ₹7.2 Lakhs per year
ICICI Lombard General Insurance Company Senior Associate Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Bank of America Senior Associate Salary - ₹4.5 Lakhs to ₹5.2 Lakhs per year
ICICI Prudential Life Insurance Senior Associate Salary - ₹2.5 Lakhs to ₹5.3 Lakhs per year
Yes Bank Senior Associate Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Senior Associate at MUFG ranges between ₹41,500 per month to ₹42,643 per month in Mumbai. The take-home salary calculation is based on the average MUFG Senior Associate salary in India which ranges between ₹3.5 Lakhs to ₹7.1 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at MUFG in Mumbai?

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

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MUFG Senior Associate Salaries in Mumbai

MUFG Senior Associate salary in Mumbai ranges between ₹3.5 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MUFG latest salaries received from various employees of MUFG.