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Loan Processor Underwriter

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Loan Processor Underwriter Salary in India (Updated 2025)

based on 10 latest salaries • updated: 3 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2.1 Lakhs - ₹5 Lakhs

Low Confidence
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Low Confidence means the data is based on a small number of latest salaries.
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Loan Processor Underwriter Salary in India ranges between ₹2.1 Lakhs to ₹5 Lakhs for less than 1 year of experience to 7 years of experience. Salary estimates are based on 10 latest salaries received from... Read More

Latest annual salaries shared by Loan Processor Underwriters

1w ago

Quinte Financial Technologies

Loan Processor Underwriter

3 years exp.

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6mo ago

City Union Bank

Loan Processor Underwriter

5 years exp.

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1y ago

Quinte Financial Technologies

Loan Processor Underwriter

2 years exp.

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1y ago

Namaste Credit

Loan Processor Underwriter

5 months exp.

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1y ago

City Union Bank

Loan Processor Underwriter

4 years exp.

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1y ago

The Cosmos Co-operative Bank

Loan Processor Underwriter

3 years exp.

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1y ago

Ford Motor Credit Company

Loan Processor Underwriter

7 years exp.

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1y ago

Ford Motor Credit Company

Loan Processor Underwriter

6 years exp.

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1y ago

Wells Fargo

Loan Processor Underwriter

2 years exp.

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View all latest salaries

Loan Processor Underwriter salaries by

Years of experience Avg. annual salary
Fresher
(1 salaries)
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₹2.3 L/yr - ₹2.3 L/yr

1 year
(1 salaries)
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₹2.1 L/yr - ₹2.1 L/yr

2 years
(2 salaries)
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₹2.3 L/yr - ₹3.2 L/yr

3 years
(3 salaries)
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₹1.5 L/yr - ₹3.1 L/yr

4 years
(1 salaries)
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₹3.9 L/yr - ₹3.9 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Process Associate Salary
0 - 5 years exp.
(1L salaries)
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₹1.6 L/yr - ₹4.4 L/yr

Senior Process Associate Salary
2 - 7 years exp.
(50.5k salaries)
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₹2.1 L/yr - ₹6 L/yr

Sales Executive Salary
1 - 8 years exp.
(1.7L salaries)
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₹1.2 L/yr - ₹5.6 L/yr

Senior Executive Salary
2 - 11 years exp.
(2.5L salaries)
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₹2.4 L/yr - ₹9.5 L/yr

Senior Associate Salary
2 - 10 years exp.
(2.4L salaries)
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₹2.3 L/yr - ₹23 L/yr

View more similar designations

Frequently Asked Questions (FAQS) about Loan Processor Underwriter Salaries

What is the salary of a Loan Processor Underwriter in India?
The salary of a Loan Processor Underwriter in India varies based on experience, location, company & Industry. On average, Loan Processor Underwriter salaries ranges from ₹2.1 Lakhs to ₹5.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.1 Lakhs to ₹5.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 10 salaries received from various Loan Processor Underwriters across industries.
What are the top paying cities for Loan Processor Underwriter in India?
The annual salary for Loan Processor Underwriter in India varies by location. Top paying cities for Loan Processor Underwriter are
Loan Processor Underwriter Salary in Coimbatore ₹4.5 Lakhs to ₹5.8 Lakhs per year
Loan Processor Underwriter Salary in Madurai ₹3.5 Lakhs to ₹5.2 Lakhs per year
Loan Processor Underwriter Salary in Hyderabad / Secunderabad ₹2.9 Lakhs to ₹3.7 Lakhs per year
Loan Processor Underwriter Salary in Bangalore / Bengaluru ₹2.1 Lakhs to ₹2.6 Lakhs per year
Loan Processor Underwriter Salary in Chennai ₹2.0 Lakhs to ₹2.6 Lakhs per year
Salary expectations for Loan Processor Underwriter may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Loan Processor Underwriter in India?
Top 5 paying Industries for Loan Processor Underwriter in India are:
Loan Processor Underwriter Salary in Financial Services ₹2.1 Lakhs to ₹5.0 Lakhs per year
Loan Processor Underwriter Salary in Banking ₹1.5 Lakhs to ₹4.5 Lakhs per year
Loan Processor Underwriter Salary in Media & Entertainment / Publishing ₹2.1 Lakhs to ₹2.6 Lakhs per year
Loan Processor Underwriter Salary in FinTech ₹2.1 Lakhs to ₹2.6 Lakhs per year
What are the fresher salaries as Loan Processor Underwriter?
Fresher salaries for Loan Processor Underwriter in India typically range from ₹2.3 Lakhs to ₹2.3 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Loan Processor Underwriter in India?
Experience significantly impacts a Loan Processor Underwriter salary in India. Salaries increase with experience, as Loan Processor Underwriter take on more complex tasks, responsibilities, and leadership roles. Loan Processor Underwriter salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹2.3 Lakhs to ₹2.3 Lakhs per year
1 year ₹2.1 Lakhs to ₹2.1 Lakhs per year
2 years ₹2.3 Lakhs to ₹3.2 Lakhs per year
3 years ₹1.5 Lakhs to ₹3.1 Lakhs per year
and so on.

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