Mortgage Underwriter

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Mortgage Underwriter Salary in Pune (Updated 2025)

based on 194 latest salaries • updated: 18 Mar 2025
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Annual salary range

₹2 Lakhs - ₹8.1 Lakhs

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Very High Confidence means the data is based on a large number of latest salaries.
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Mortgage Underwriter Salary in Pune ranges between ₹2 Lakhs to ₹8.1 Lakhs for 1 year of experience to 8 years of experience. Salary estimates are based on 194 latest salaries received from Mortgage Underwriter.
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Top Paying Companies for Mortgage Underwriter with 2 years exp

Company name Avg. annual salary Open Jobs
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Latest annual salaries shared by Mortgage Underwriters

2d ago

TCS

Mortgage Underwriter

2 years exp.

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3d ago

India Mortgage Guarantee Corporation

Mortgage Underwriter

8 years exp.

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5d ago

TCS

Mortgage Underwriter

2 years exp.

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1w ago

TCS

Mortgage Underwriter

7 years exp.

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1w ago

UST

Mortgage Underwriter

1 year exp.

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1w ago

Barclays

Mortgage Underwriter

6 years exp.

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1w ago

Envision Infotec

Mortgage Underwriter

4 years exp.

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1w ago

TCS

Mortgage Underwriter

6 years exp.

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1w ago

Mphasis

Mortgage Underwriter

5 years exp.

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1w ago

Barclays

Mortgage Underwriter

5 years exp.

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View all latest salaries

Mortgage Underwriter salaries by

Years of experience Avg. annual salary
1 year
(24 salaries)
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₹1.2 L/yr - ₹6 L/yr

2 years
(29 salaries)
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₹2 L/yr - ₹5.8 L/yr

3 years
(27 salaries)
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₹2.9 L/yr - ₹7 L/yr

4 years
(31 salaries)
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₹3 L/yr - ₹8 L/yr

5 years
(32 salaries)
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₹3.5 L/yr - ₹7.7 L/yr

View all salaries by experience

Mortgage Underwriter Jobs in Pune

Mortgage Underwriter

· 2-5 years

KG Invicta Services (KGiS)

·
3.1

Coimbatore

Mortgage Underwriter

· 3-7 years

Matrix Hr Technologies

₹6 L/yr - ₹10 L/yr

Pune

Mortgage Underwriter

· 4-8 years

National Westminster Bank (NatWest)

·
4.0

Chennai

View all Mortgage Underwriter jobs

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₹2.3 L/yr - ₹9.1 L/yr

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Mortgage Underwriter Salary In Other Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Mortgage Underwriter
1 - 8 years exp.
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₹2.2 L/yr - ₹8 L/yr

Chennai
Mortgage Underwriter
1 - 8 years exp.
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₹1.8 L/yr - ₹6.6 L/yr

Mumbai
Mortgage Underwriter
1 - 8 years exp.
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₹2.8 L/yr - ₹9 L/yr

Hyderabad / Secunderabad
Mortgage Underwriter
1 - 8 years exp.
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₹2.3 L/yr - ₹8.5 L/yr

New Delhi
Mortgage Underwriter
1 - 8 years exp.
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₹3 L/yr - ₹10 L/yr

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Mortgage Underwriter Salary By Industries

Industries Avg. annual salary

IT Services & Consulting

Mortgage Underwriter
1 - 8 years exp.
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₹2 L/yr - ₹7 L/yr

BPO

Mortgage Underwriter
1 - 8 years exp.
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₹2.2 L/yr - ₹8.2 L/yr

Financial Services

Mortgage Underwriter
1 - 8 years exp.
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₹2.3 L/yr - ₹9 L/yr

Software Product

Mortgage Underwriter
1 - 8 years exp.
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₹1.9 L/yr - ₹8.3 L/yr

Analytics & KPO

Mortgage Underwriter
1 - 8 years exp.
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₹1.8 L/yr - ₹7.8 L/yr

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Frequently Asked Questions (FAQS) about Mortgage Underwriter Salaries

What is the salary of a Mortgage Underwriter in India?
The salary of a Mortgage Underwriter in India varies based on experience, location, company & Industry. On average, Mortgage Underwriter salaries ranges from ₹2.0 Lakhs to ₹8.1 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.0 Lakhs to ₹8.1 Lakhs per year, with the highest salary reaching ₹6.0 Lakhs to ₹9.5 Lakhs per year. Salary estimates are based on 194 salaries received from various Mortgage Underwriters across industries.
What are the top paying companies that employ Mortgage Underwriters?
Mortgage Underwriter Salaries at Top paying companies in India are
XL Dynamics Mortgage Underwriter Salary ₹6 Lakhs to ₹9.5 Lakhs per year
Altisource Mortgage Underwriter Salary ₹5.2 Lakhs to ₹7 Lakhs per year
SitusAMC Mortgage Underwriter Salary ₹4 Lakhs to ₹8.5 Lakhs per year
VERITY GLOBAL SOLUTIONS Mortgage Underwriter Salary ₹3.1 Lakhs to ₹8 Lakhs per year
WNS Mortgage Underwriter Salary ₹3.5 Lakhs to ₹7 Lakhs per year
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
What are the top paying cities for Mortgage Underwriter in India?
The annual salary for Mortgage Underwriter in India varies by location. Top paying cities for Mortgage Underwriter are
Mortgage Underwriter Salary in Bangalore / Bengaluru ₹2.2 Lakhs to ₹8.0 Lakhs per year
Mortgage Underwriter Salary in Chennai ₹1.8 Lakhs to ₹6.6 Lakhs per year
Mortgage Underwriter Salary in Mumbai ₹2.8 Lakhs to ₹9.0 Lakhs per year
Mortgage Underwriter Salary in Hyderabad / Secunderabad ₹2.3 Lakhs to ₹8.5 Lakhs per year
Mortgage Underwriter Salary in New Delhi ₹3.0 Lakhs to ₹10.0 Lakhs per year
Salary expectations for Mortgage Underwriter may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Mortgage Underwriter in India?
Top 5 paying Industries for Mortgage Underwriter in India are:
Mortgage Underwriter Salary in IT Services & Consulting ₹2.0 Lakhs to ₹7.0 Lakhs per year
Mortgage Underwriter Salary in BPO ₹2.2 Lakhs to ₹8.2 Lakhs per year
Mortgage Underwriter Salary in Financial Services ₹2.3 Lakhs to ₹9.0 Lakhs per year
Mortgage Underwriter Salary in Software Product ₹1.9 Lakhs to ₹8.3 Lakhs per year
Mortgage Underwriter Salary in Analytics & KPO ₹1.8 Lakhs to ₹7.8 Lakhs per year
How does experience affect salaries of a Mortgage Underwriter in India?
Experience significantly impacts a Mortgage Underwriter salary in India. Salaries increase with experience, as Mortgage Underwriter take on more complex tasks, responsibilities, and leadership roles. Mortgage Underwriter salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹1.2 Lakhs to ₹6.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹5.8 Lakhs per year
3 years ₹2.9 Lakhs to ₹7.0 Lakhs per year
4 years ₹3.0 Lakhs to ₹8.0 Lakhs per year
and so on.

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