Senior Mortgage Underwriter

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Senior Mortgage Underwriter Salary in India (Updated 2025)

based on 120 latest salaries • updated: 14 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹3.9 Lakhs - ₹12 Lakhs

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Very High Confidence means the data is based on a large number of latest salaries.
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Senior Mortgage Underwriter Salary in India ranges between ₹3.9 Lakhs to ₹12 Lakhs for 3 years of experience to 10 years of experience. Salary estimates are based on 120 latest salaries received from Senior Mortgage... Read More

Senior Mortgage Underwriter salaries by

Years of experience Avg. annual salary
3 years
(10 salaries)
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₹4.1 L/yr - ₹6.7 L/yr

4 years
(14 salaries)
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₹4 L/yr - ₹7.5 L/yr

5 years
(21 salaries)
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₹4 L/yr - ₹9.5 L/yr

6 years
(17 salaries)
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₹4.5 L/yr - ₹13 L/yr

7 years
(19 salaries)
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₹4.2 L/yr - ₹12 L/yr

View all salaries by experience

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₹3 L/yr - ₹16.1 L/yr

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Senior Mortgage Underwriter Salary By Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Senior Mortgage Underwriter
3 - 9 years exp.
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₹3.9 L/yr - ₹13.4 L/yr

Mumbai
Senior Mortgage Underwriter
3 - 9 years exp.
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₹4 L/yr - ₹10 L/yr

Chennai
Senior Mortgage Underwriter
3 - 10 years exp.
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₹4 L/yr - ₹8.3 L/yr

Pune
Senior Mortgage Underwriter
3 - 9 years exp.
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₹4 L/yr - ₹10.6 L/yr

Jaipur
Senior Mortgage Underwriter
4 - 10 years exp.
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₹4.5 L/yr - ₹6.5 L/yr

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Senior Mortgage Underwriter Salary By Industries

Industries Avg. annual salary

BPO

Senior Mortgage Underwriter
3 - 10 years exp.
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₹3.9 L/yr - ₹11 L/yr

IT Services & Consulting

Senior Mortgage Underwriter
3 - 10 years exp.
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₹3.2 L/yr - ₹9.5 L/yr

Software Product

Senior Mortgage Underwriter
3 - 10 years exp.
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₹4 L/yr - ₹11.1 L/yr

Financial Services

Senior Mortgage Underwriter
3 - 10 years exp.
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₹3.6 L/yr - ₹9 L/yr

Analytics & KPO

Senior Mortgage Underwriter
3 - 9 years exp.
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₹4.5 L/yr - ₹10.5 L/yr

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Frequently Asked Questions (FAQS) about Senior Mortgage Underwriter Salaries

What is the salary of a Senior Mortgage Underwriter in India?
The salary of a Senior Mortgage Underwriter in India varies based on experience, location, company & Industry. On average, Senior Mortgage Underwriter salaries ranges from ₹3.9 Lakhs to ₹12.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.9 Lakhs to ₹12.0 Lakhs per year, with the highest salary reaching ₹6.2 Lakhs to ₹12.0 Lakhs per year. Salary estimates are based on 120 salaries received from various Senior Mortgage Underwriters across industries.
What are the top paying cities for Senior Mortgage Underwriter in India?
The annual salary for Senior Mortgage Underwriter in India varies by location. Top paying cities for Senior Mortgage Underwriter are
Senior Mortgage Underwriter Salary in Kochi ₹4.5 Lakhs to ₹10.5 Lakhs per year
Senior Mortgage Underwriter Salary in Mumbai ₹4.0 Lakhs to ₹10.0 Lakhs per year
Senior Mortgage Underwriter Salary in Chennai ₹4.0 Lakhs to ₹8.3 Lakhs per year
Senior Mortgage Underwriter Salary in Hyderabad / Secunderabad ₹4.3 Lakhs to ₹7.5 Lakhs per year
Senior Mortgage Underwriter Salary in New Delhi ₹4.6 Lakhs to ₹11.8 Lakhs per year
Salary expectations for Senior Mortgage Underwriter may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Senior Mortgage Underwriter in India?
Top 5 paying Industries for Senior Mortgage Underwriter in India are:
Senior Mortgage Underwriter Salary in Banking ₹4.3 Lakhs to ₹13.4 Lakhs per year
Senior Mortgage Underwriter Salary in BPO ₹3.9 Lakhs to ₹11.0 Lakhs per year
Senior Mortgage Underwriter Salary in Analytics & KPO ₹4.5 Lakhs to ₹10.5 Lakhs per year
Senior Mortgage Underwriter Salary in Financial Services ₹3.6 Lakhs to ₹9.0 Lakhs per year
Senior Mortgage Underwriter Salary in Software Product ₹4.0 Lakhs to ₹11.1 Lakhs per year
How does experience affect salaries of a Senior Mortgage Underwriter in India?
Experience significantly impacts a Senior Mortgage Underwriter salary in India. Salaries increase with experience, as Senior Mortgage Underwriter take on more complex tasks, responsibilities, and leadership roles. Senior Mortgage Underwriter salary at different experience level are as follows:
Experience Average Salary Range
3 years ₹4.1 Lakhs to ₹6.7 Lakhs per year
4 years ₹4.0 Lakhs to ₹7.5 Lakhs per year
5 years ₹4.0 Lakhs to ₹9.5 Lakhs per year
6 years ₹4.5 Lakhs to ₹13.0 Lakhs per year
and so on.

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