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Union Bank of India Salaries in Mumbai (Updated 2025)

based on 473 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Human Resources Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs
1 year exp. · Mumbai (AmbitionBox Estimate)
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₹0.5 L/yr - ₹1.7 L/yr

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

3 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

6 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹12.5 L/yr - ₹14 L/yr

10 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹24.6 L/yr - ₹31.4 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

31 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.1 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹28.8 L/yr - ₹36.8 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹25.2 L/yr - ₹32.2 L/yr

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

Last Updated: 19 Feb, 2025

Salary related reviews for Union Bank of India

3.9

Rated by 89 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Jan 2025

3.0
 for  Salary and Benefits

Likes

...ork at various departments and locations. Good staff training facility is there. Salary is good.

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  • Skill development - Good
  • +3 more

Dislikes

Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

read more

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.

  • Salary - Excellent
  • +3 more

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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  • Work-life balance - Bad

Strategy Department

3.0
  •  posted on 19 Jul 2022

2.0
 for  Salary and Benefits

Likes

Working for the government has its perks. The sector is in turmoil & the behemoths are being pushed for change and rightly so, but century-old firms such as these are rigid & lagging on many levels.

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  • Job security - Excellent
  • +1 more

Dislikes

Pay not at par with peers. In a world of WFH & hybrid workplaces, even non-public-facing officials are made to attend office mandatorily, and yes, our Saturdays are working.

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  • Salary - Poor
  • +2 more

Customer Success, Service & Operations Department

4.0
  •  posted on 26 Aug 2018

3.0
 for  Salary and Benefits

Likes

Union Bank is one of the top PSU Bank of country.I am part of top management team .Bank has given me opportunity to work in different capacities .where I was able to take my own decisions. I was given the opportunity to handle big team of around 500+ staff consisting of 65+ branches and in big geographical area.It is nice experience and challenge to motivate all of them and to take work for achevement of bank's goal.Our Bank is having very good training system .As per requirement every one is getting training .Bank is having own technology team ,they are continously developing new digital products so that we should be able to fulfill our mission to become the first Bank in the mind of customers for banking services.Bank is hiring specialised persons also.so that we should we able to provide world class services to our customers.

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  • Skill development - Good
  • +3 more

Dislikes

Salary and compensation is not good but learning and experience is good.work pressure is very high not physical but mentally .we are having more than 60 parameters ,where we have to achieve targets ,which will be measured for appraisals .there is always pressure in Banking specially in PSU Banking. And there is always risk ,if any big account becomes NPA. There will be explanation / Action even if Account becomes NPA after 4 -5 years. When we compare with pressure and risk ,compensation is nothing.

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BFSI, Investments & Trading Department

4.0
  •  posted on 05 Mar 2018

3.0
 for  Salary and Benefits

Likes

...eer growth, necessary training facility and reasonably good working environment.As regards to salary, you can very well understand limitations of nationalized set up in comparison with it private counterparts.

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  • Skill development - Good
  • +5 more

Dislikes

Likings of all the people may not be same. In my case, my likings were much more than my dislikes.

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Union Bank of India Salary FAQs

How much does Union Bank of India pay per year?
The average Union Bank of India salary ranges from approximately ₹0.5 Lakh to ₹3 Lakhs per year for a Back Office Computer Operator and ₹21 Lakhs to ₹42 Lakhs per year for a Deputy General Manager. Salary estimates are based on 473 Union Bank of India salaries received from various employees of Union Bank of India. Union Bank of India employees rate the overall salary and benefits package 3.9/5 stars.
What is the highest salary in Union Bank of India?
The highest-paying job at Union Bank of India is a Deputy General Manager with a salary of ₹21 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹24.50 lakhs per year. The top 1% earn more than a whopping ₹42 lakhs per year.
What is the minimum salary in Union Bank of India?
Minimum salary at Union Bank of India depends on the role you are applying for. For Relationship Executive the minimum salary is ₹1.6 Lakh to ₹3.5 Lakhs per year, and for Assistant Manager the minimum salary is ₹5 Lakhs to ₹15 Lakhs per year and so on.
What is the salary package for freshers in Union Bank of India?
The average salary at Union Bank of India for freshers varies from ₹1 Lakh to ₹2.5 Lakhs per year for Credit Card Sales Executive and ₹7 Lakhs to ₹13 Lakhs per year for Assistant Manager.
What is the notice period at Union Bank of India in Mumbai?
According to AmbitionBox, 69% of the Union Bank of India employees in Mumbai reported a notice period of 3 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 285 responses on AmbitionBox in last 2 years.

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Average annual salary in Union Bank of India , Mumbai is INRunlock blur . Salary estimates are based on 473 Union Bank of India latest salaries received from various employees of Union Bank of India.

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