Axis Bank Underwriter Salaries by 6 Employees

0 - 4 years exp.

₹3.8 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

32% more than the average Underwriter Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr
Customer Success, Service & Operations Underwriter Salary 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr
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Finance & Accounting Underwriter Salary Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 20 Dec 2024

Companies similar to Axis Bank for Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Underwriter Salary 1 - 8 years exp. (25 salaries)	₹1.3 L/yr - ₹7.6 L/yr 47% less
Barclays Underwriter Salary 3 - 12 years exp. (15 salaries)	₹5 L/yr - ₹8 L/yr 6% less
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NatWest Group Underwriter Salary 2 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5.8 L/yr 30% less
Yes Bank Underwriter Salary 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹5.1 L/yr 48% less
ICICI Bank Underwriter Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹9.6 L/yr 28% less
IDFC FIRST Bank Underwriter Salary 1 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹14 L/yr 16% more
Kotak Mahindra Bank Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 51% less
NatWest Markets Underwriter Salary 2 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 29% less

Underwriter salary at Axis Bank ranges between ₹3.8 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Underwriter salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.8 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.3 L/yr
4 years (3 salaries)	₹3.8 L/yr - ₹5 L/yr

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Senior Associate Salary

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Top skills at Axis Bank for Underwriter

Underwriting Credit Appraisal EMI Customer Service Retail Banking Loans Monitoring Compliance Audit Compliance Training Auditing Process Improvement Cost Rationalization Analysis Risk Management

Salary related reviews for Axis Bank

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

Work satisfaction - Poor

+2 more

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

Work satisfaction - Poor

+2 more

Deputy Manager in Noida

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

Salary - Poor

+3 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Oct 2024

1.0

for Salary and Benefits

Likes

...entally disturbed and getting panic attacks at work. Very in human work culture. They will tell you the salary is 40k in-hand and pay you 28k, when you go back to discuss they simply put up some reason ok deductions that was never informed on the first place.

Dislikes

Do not work here unless you want to be dragged around like an animal . I not only speak for myself but everyone that I know there. Only working in such a toxic environment to make some money for bread. And how they treat you is by throwing bread crumbs on the floor. They are the best manipulaters. Even if you are on death bed, they would want you to report to work.

Salary - Bad

+6 more

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Axis Bank Underwriter Salary FAQs

What is the salary of Underwriter at Axis Bank ?

The average salary of a Underwriter at Axis Bank in India typically ranges from ₹3.8 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Underwriter at Axis Bank earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Underwriter Salaries at Axis Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Axis Bank employees in India.

What is the estimated take home salary of a Underwriter at Axis Bank in India?

The estimated take-home salary of a Underwriter at Axis Bank in India typically ranges from ₹52,930 to ₹54,247 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Underwriter at Axis Bank ?

To be a Underwriter at Axis Bank in india, the key skills required include:

- Underwriting
- Credit Appraisal
- EMI
- Customer Service
- Retail Banking

These skills are highly valued at Axis Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Axis Bank for Underwriter in India?

IDFC FIRST Bank

₹5.3 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Bank, depending on the role and experience level.

What is the salary of a Underwriter in companies similar to Axis Bank in India?

The salary of a Underwriter at companies similar to Axis Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹5.0 Lakhs to ₹8.0 Lakhs per year
ICICI Bank	₹2.3 Lakhs to ₹9.6 Lakhs per year
NatWest Markets	₹4.5 Lakhs to ₹5.5 Lakhs per year
NatWest Group	₹3.0 Lakhs to ₹5.8 Lakhs per year
HDFC Bank	₹1.3 Lakhs to ₹7.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Underwriter at Axis Bank in India?

The salary growth for a Underwriter at Axis Bank depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at Axis Bank:

Experience	Average Salary Range
Fresher	₹10.0 Lakhs to ₹10.0 Lakhs per year
1 year	₹7.7 Lakhs to ₹9.9 Lakhs per year
2 years	₹3.9 Lakhs to ₹12.8 Lakhs per year
3 years	₹2.2 Lakhs to ₹6.3 Lakhs per year

and so on.

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Axis Bank Underwriter Salaries

Axis Bank Underwriter salary in India ranges between ₹3.8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Axis Bank latest salaries received from various employees of Axis Bank.