Bajaj Finserv Underwriter Salaries by 4 Employees

0 - 5 years exp.

₹2.9 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Underwriter Salary in Financial Services Companies for 0 - 5 years of experience

Interested in this particular role?

Last Updated: 4 Dec 2024

Companies similar to Bajaj Finserv for Underwriter

Company name	Avg Annual Salary	Open Jobs
HSBC Group Underwriter Salary 1 - 10 years exp. (13 salaries)	₹2.8 L/yr - ₹12.7 L/yr 58% more
Wells Fargo Underwriter Salary 4 - 6 years exp. (5 salaries)	₹6 L/yr - ₹11.1 L/yr 33% more
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American Express Underwriter Salary 4 - 6 years exp. (4 salaries)	₹7.3 L/yr - ₹8.9 L/yr 72% more
Aditya Birla Capital Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹8 L/yr 3% less
Citicorp Underwriter Salary 2 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 6% less
JPMorgan Chase & Co. Underwriter Salary 0 - 15 years exp. (3 salaries)	₹5 L/yr - ₹19.2 L/yr 130% more

Underwriter salary at Bajaj Finserv ranges between ₹2.9 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Underwriter salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.9 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr

View all

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Top skills at Bajaj Finserv for Underwriter

Loans Compliance Finance Product Launch Credit Appraisal Market Research Matrix Banking Ticketing Legal Architecture Civil Engineering Vendor Audit Query Resolution Management

Salary related reviews for Bajaj Finserv

Rated by 1 employees for salary & benefits

Deputy Manager in Mirzapur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Only salary is the thing which is liked about Bajaj Finserv, otherwise there is nothing in this company which anyone can like.

Salary - Good

+1 more

Dislikes

Working Environment, misbehaviour, poor work life balance, there is no working time in the company and many more things which I don't like about them.

Skill development - Bad

+3 more

Credit Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

Salary, Incentive Part, Contest, Promotion as said, Support in learning, Transparency.

Salary - Excellent

+5 more

Dislikes

Work culture, Unspecified schedule. Totally depends on the behavior of your reporting manager. If found good then its all good, if not your work-life may dis-balance.

Credit Manager in Hosapete

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 24 Mar 2023

2.0

for Salary and Benefits

Likes

...in the form of leader) you may easy to sustained for the long period of Time. 3. Good hike in salary, Pormotios are there except Credit/operation deaprtment.

Skill development - Excellent

+1 more

Dislikes

1. NO leaves & no weekly off, it must be difficult balance with personal life.

Salary - Poor

+3 more

Credit Manager in You Have To Work Everywhere Even On Road

Credit Department

1.0

• posted on 11 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing is there to like in BFL

Dislikes

...any we believe that customer is everything to us but in BFL totally opposite, One more bad policy of bajaj is that shit laptop for which you have to pay, if you resigned from job u have to pay full amount for this cheap product provided by the company and they charge 70000 to 80000 for 25000-30000 Rs laptop, they are just looting everyone, i will never suggest anyone to join BFL if you have some self respect and some social values. I will give -100/10

Salary - Bad

+6 more

Credit Manager in Pune

Credit Ops Department

1.0

• posted on 06 Nov 2019

3.0

for Salary and Benefits

Likes

With so many negativities, they still pay you good enough to keep your mouth shut. Working in BFL I got an idea of how they are misconducting and cheating the Indian customers.

Dislikes

There's nothing that I liked in this pathetic company. Just manipulating data and counts so that their market share doesn't dip. All senior Management people are nothing but scammers and develop new ideas to cheat people. Spineless morons, actually.

Skill development - Bad

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bajaj Finserv Underwriter Salary FAQs

What is the salary of Underwriter at Bajaj Finserv ?

The average salary of a Underwriter at Bajaj Finserv in India typically ranges from ₹2.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Underwriter at Bajaj Finserv earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Underwriter Salaries at Bajaj Finserv 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 4 Bajaj Finserv employees in India.

What is the estimated take home salary of a Underwriter at Bajaj Finserv in India?

The estimated take-home salary of a Underwriter at Bajaj Finserv in India typically ranges from ₹36,051 to ₹37,275 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 4 salaries received from various employees of Bajaj Finserv. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Underwriter at Bajaj Finserv ?

To be a Underwriter at Bajaj Finserv in india, the key skills required include:

- Loans
- Compliance
- Finance
- Product Launch
- Credit Appraisal

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

Which companies offer higher salaries than Bajaj Finserv for Underwriter in India?

JPMorgan Chase & Co.	₹5.0 Lakhs to ₹19.2 Lakhs per year
American Express	₹7.3 Lakhs to ₹8.9 Lakhs per year
HSBC Group	₹2.8 Lakhs to ₹12.7 Lakhs per year
Wells Fargo	₹6.0 Lakhs to ₹11.1 Lakhs per year

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

What is the salary of a Underwriter in companies similar to Bajaj Finserv in India?

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

Aditya Birla Capital	₹2.6 Lakhs to ₹8.0 Lakhs per year
Citicorp	₹3.6 Lakhs to ₹5.0 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 Bajaj Finserv in India?

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

Experience	Average Salary Range
Fresher	₹2.9 Lakhs to ₹3.9 Lakhs per year
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Bajaj Finserv Underwriter Salaries

Bajaj Finserv Underwriter salary in India ranges between ₹2.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.