Union Bank of India Mumbai Business Associate Salaries by 3 Employees (Updated 2025)

0 - 2 years exp.

₹2 Lakhs - ₹4.7 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Business Associate Salary in Banking Companies for 0 - 2 years of experience

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Last Updated: 25 Jun 2024

Companies similar to Union Bank of India for Business Associate in Mumbai

Union Bank of India Business Associate Salary

0 - 2 years exp. (3 salaries)

₹2 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Associate Salary 0 - 6 years exp. (17 salaries)	₹1.8 L/yr - ₹3 L/yr 29% less
Bank of Baroda Business Associate Salary 2 - 7 years exp. (3 salaries)	₹4.8 L/yr - ₹7.9 L/yr 104% more
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TCS Business Associate Salary 1 - 7 years exp. (79 salaries)	₹1.1 L/yr - ₹8.9 L/yr 42% more
Tech Mahindra Business Associate Salary 0 - 8 years exp. (57 salaries)	₹2.5 L/yr - ₹9 L/yr 77% more
AARGEE STAFFING SERVICES Business Associate Salary 0 - 5 years exp. (56 salaries)	₹1.5 L/yr - ₹2.5 L/yr 38% less

Business Associate salary at Union Bank of India ranges between ₹2 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Business Associate salaries in Mumbai

Last Updated: 25 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr

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Salary related reviews for Union Bank of India

Assistant Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 14 Nov 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...or each others, no work life balance, very old system, very old infra structure. Salary is less compared to corporate, manager and others will behave like there the owners of the bank.

Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Jun 2024

4.0

for Salary and Benefits

Likes

Working with lots of coworkers. Sufficient salary.

Dislikes

Time taken by the respective department to respond to the field functionary’s concern. No real solutions arrived through discussion. Keeping important things pending.

Assistant Manager in Guwahati

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

The Pay is Okay but not at par with other Government jobs. Bank Management and Bank Unions control the Banks Operations. Chaploosis are always favoured by Management and Unions. So becoming a Chaploos is the main skill needed to survive here.

Dislikes

Bank Management pressurizes staff to achieve unrealistic targets. Officers are humiliated in regular Video Conferences. Many Officers have committed suicides in the last FY. Officers can be transferred anywhere in India and Management doesn't care about staffs families.

Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Jul 2023

3.0

for Salary and Benefits

Likes

Salary and allowances will be on time. Easy to get loans on self name.

Dislikes

These days banking jobs became much stressful and hectic with no personal life. Young generation please don't come banking side anymore.

Branch Head in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 May 2023

5.0

for Salary and Benefits

Likes

Since it is a government bank, job security and salary is very handful.

Dislikes

Work life balance is very as they will not give you home posting it nearby posting and when you will away higher authority will force you unilaterally without listening anything

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Union Bank of India Business Associate Salary FAQs

What is the notice period for Business Associate at Union Bank of India in Mumbai?

According to AmbitionBox, 100% of the Union Bank of India Business Associates in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Union Bank of India Business Associate Salaries in Mumbai

Union Bank of India Business Associate salary in Mumbai ranges between ₹2 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Union Bank of India latest salaries received from various employees of Union Bank of India.