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MORTGAGE UNDERWRITER / SALARY
Average Salary - Mortgage Underwriter / India INDIA


SALARY SURVEYS

8

UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

83.19 INR = 1 USD

1,681,229 INR

$20,210 USD

998,256 INR

$12,000 USD

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Average Salary / Mortgage Underwriter / India

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Average salary for Mortgage Underwriter / India is 1,681,229 INR per year. The most typical earning is 998,256 INR. All data are based on 8 salary surveys. Salaries are different between men and women. Men receive an average salary of 682,141 INR. Women receive a salary of 3,344,157 INR.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 2,079,700 INR. The second most paid education level is Masters Degree with salary of 1,014,893 INR.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 7,628,339 INR. Employees with 8-12 Years of experience receive 1,455,790 INR.

Levels / Mortgage Underwriter / India (Gross INR)

Salary Levels (INR) per Year Surveys [%]
83,200 INR - 166,299 INR
0 n/a
166,400 INR - 249,499 INR
0 n/a
249,600 INR - 415,899 INR
1 100%
12.5%
415,900 INR - 831,799 INR
2 87.5%
25%
THE MOST TYPICAL SALARY
831,900 INR - 1,247,699 INR
3 62.5%
37.5%
1,247,800 INR - 1,663,699 INR
1 25%
12.5%
1,663,800 INR - 2,079,599 INR
0 n/a
2,079,700 INR - 2,495,599 INR
0 n/a
2,495,600 INR - 2,911,499 INR
0 n/a
2,911,600 INR - 3,327,399 INR
0 n/a
3,327,500 INR - 3,743,399 INR
0 n/a
3,743,500 INR - 4,159,299 INR
0 n/a
4,159,400 INR - 4,575,299 INR
0 n/a
4,575,300 INR - 4,991,199 INR
0 n/a
4,991,300 INR - 5,407,099 INR
0 n/a
5,407,200 INR - 5,823,099 INR
0 n/a
5,823,200 INR - 6,238,999 INR
0 n/a
6,239,100 INR - 6,654,999 INR
0 n/a
6,655,000 INR - 7,070,899 INR
0 n/a
7,071,000 INR - 7,486,799 INR
0 n/a
7,486,900 INR - 7,902,799 INR
1 12.5%
12.5%
7,902,900 INR - 8,318,699 INR
0 n/a
8,318,800 INR - 8,734,699 INR
0 n/a
8,734,700 INR - 9,150,599 INR
0 n/a
9,150,700 INR - 9,566,499 INR
0 n/a
9,566,600 INR - 9,982,499 INR
0 n/a
9,982,600 INR - 10,398,399 INR
0 n/a
10,398,500 INR - 10,814,399 INR
0 n/a
10,814,400 INR - 11,230,299 INR
0 n/a
11,230,400 INR - 11,646,199 INR
0 n/a
11,646,300 INR - 12,062,199 INR
0 n/a
12,062,300 INR - 12,478,099 INR
0 n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR
0 n/a
13,310,100 INR - 14,141,899 INR
0 n/a
14,142,000 INR - 14,973,799 INR
0 n/a
14,973,800 INR - 15,805,599 INR
0 n/a
15,805,700 INR - 16,637,499 INR
0 n/a
16,637,600 INR - 17,469,399 INR
0 n/a
17,469,500 INR - 18,301,299 INR
0 n/a
18,301,400 INR - 19,133,199 INR
0 n/a
19,133,200 INR - 19,964,999 INR
0 n/a
19,965,100 INR - 20,796,899 INR
0 n/a
20,797,000 INR - 29,115,799 INR
0 n/a
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Gender / Mortgage Underwriter / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Women 3 3,344,157 INR
2 Men 5 682,141 INR

Education / Mortgage Underwriter / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Bachelors Degree 5 2,079,700 INR
2 Masters Degree 3 1,014,893 INR

Experience / Mortgage Underwriter / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 12-16 Years 1 7,628,339 INR
2 8-12 Years 1 1,455,790 INR
3 2-4 Years 2 973,299 INR
4 4-8 Years 4 607,272 INR

Age / Mortgage Underwriter / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 36-40 1 7,628,339 INR
2 31-35 3 1,156,313 INR
3 26-30 3 640,547 INR
4 21-25 1 440,896 INR

Work Type / Mortgage Underwriter / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 8 1,680,397 INR

Cities / Mortgage Underwriter / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Delhi 2 4,250,907 INR
2 Hyderabad 2 1,197,907 INR
3 Mumbai 1 1,073,125 INR
4 Chennai 2 557,359 INR
5 Faridabad 1 374,346 INR

People's individual salary examples (surveys)

Underwriter
Posted 13 June 2022
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years Advanced 1,072,900 INR

Senior Underwriting Analyst
Posted 15 March 2021
City Education Experience Knowledge Gross salary / year
Hyderabad Masters Degree 8-12 Years n/a 1,457,100 INR

Analyst
Posted 25 July 2020
City Education Experience Knowledge Gross salary / year
Delhi Bachelors Degree 2-4 Years n/a 872,600 INR

Underwriting Analyst
Posted 04 September 2018
City Education Experience Knowledge Gross salary / year
Hyderabad Masters Degree 4-8 Years n/a 933,000 INR

Loan Auditor
Posted 21 July 2018
City Education Experience Knowledge Gross salary / year
Faridabad Bachelors Degree 4-8 Years n/a 375,800 INR


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