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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Cognizant Mortgage Underwriter salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹2.1 Lakhs - ₹6.6 Lakhs
Salary of majority employees
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19% less than the average Mortgage Underwriter Salary in IT Services & Consulting Companies for 1 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Mortgage Underwriter Salary
1 - 7 years exp. (12 salaries)
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₹3 L/yr - ₹6.6 L/yr

BFSI, Investments & Trading
Mortgage Underwriter Salary
1 - 6 years exp. (9 salaries)
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₹2.1 L/yr - ₹5.8 L/yr

Finance & Accounting
Mortgage Underwriter Salary
1 - 3 years exp. (7 salaries)
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₹2.8 L/yr - ₹5 L/yr

Last Updated: 25 Jan 2025

Companies similar to Cognizant for Mortgage Underwriter

Company name Avg Annual Salary Open Jobs
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TCS Mortgage Underwriter Salary

1 - 9 years exp. (162 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 6% less
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Infosys Mortgage Underwriter Salary

0 - 6 years exp. (26 salaries)

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₹2 L/yr - ₹4.2 L/yr

arrow icon 17% less
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Wipro Mortgage Underwriter Salary

1 - 5 years exp. (45 salaries)

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₹1.6 L/yr - ₹6 L/yr

arrow icon 5% less
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HCLTech Mortgage Underwriter Salary

0 - 4 years exp. (10 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 16% less
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Accenture Mortgage Underwriter Salary

0 - 4 years exp. (194 salaries)

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₹1.3 L/yr - ₹6 L/yr

arrow icon 23% less
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Genpact Mortgage Underwriter Salary

1 - 7 years exp. (18 salaries)

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₹2.5 L/yr - ₹6.2 L/yr

arrow icon 6% less
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HCL Group Mortgage Underwriter Salary

3 - 4 years exp. (3 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 31% more
Mortgage Underwriter salary at Cognizant ranges between ₹2.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 34 latest salaries received from various employees of Cognizant.

Latest annual salaries shared by Cognizant Mortgage Underwriter

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Experience wise Cognizant Mortgage Underwriter salaries

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹2.1 L/yr - ₹6.2 L/yr
2 years  (10 salaries)

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₹3.3 L/yr - ₹4.8 L/yr
3 years  (6 salaries)

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₹2.8 L/yr - ₹5 L/yr
4 years  (4 salaries)

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₹1.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Cognizant

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(167 salaries)
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(5 salaries)
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₹2 L/yr - ₹3.2 L/yr
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(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
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(2.8k salaries)
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₹1 L/yr - ₹6.5 L/yr
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(127 salaries)
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₹1.85 L/yr - ₹12 L/yr
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₹4.11 L/yr - ₹18 L/yr
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₹5.25 L/yr - ₹18.5 L/yr
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₹4.9 L/yr - ₹18.12 L/yr

Top skills at Cognizant for Mortgage Underwriter

Credit Underwriting US Mortgage SDI
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Salary related reviews for Cognizant

3.3

Rated by 9 employees for salary & benefits

Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 10 Jan 2025

3.0
 for  Salary and Benefits

Likes

Cognizant has strong capebilities in delivering technology services with a robust support. People are satisfied working here but since past couple of years company has not given ample opportunitiesto employees in terms of growth and compensastion

read more
  • Work satisfaction - Good
  • +2 more

Dislikes

Not good approasal No timely appraisal No promotion policies No standard salary parameters as per exp No benchmarking for compensastion

read more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 10 Jan 2025

4.0
 for  Salary and Benefits

Likes

If you swith to Cognizant, they will provide good salary compared to other service based company. They also push their associate for skill development with regular certification drive.

read more
  • Salary - Good
  • +1 more

Dislikes

The appraisal system dropped drastically in couple of years. Very minimum salary hike with high ratings.

  • Promotions - Poor

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 18 Dec 2024

3.0
 for  Salary and Benefits

Likes

Ample of learning opportunities if you are willing to take it. Good work life balance in general. Good culture. Leadership if open to hearing employees issues and support them as possible.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Salary is lower compared to other firms.

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 16 Dec 2024

2.0
 for  Salary and Benefits

Likes

Work culture is excellent. Mixed culture makes it really good work environment. Free hand in New Projects for getting new profile.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Salary as per industry standards is less, Increment as per previous followups has not been great. But favouritism plays it's part.

read more
  • Salary - Poor

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 28 Nov 2024

2.0
 for  Salary and Benefits

Likes

Stability is good. Though in the ongoing global recession, many of my co-workers had to leave projects because of project ramp down and did not get any other projects. Instead of recruiting employees from bench in other projects they are hiring more from people outside.

read more
  • Skill development - Good
  • +1 more

Dislikes

Appraisal is bad. So joining with low salary does not help much in the long run, better to switch.

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Cognizant Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at Cognizant?
Mortgage Underwriter salary at Cognizant in India ranges between ₹2.1 Lakhs to ₹6.6 Lakhs for experience between 1 years to 7 years. According to our estimates it is 19% less than the average Mortgage Underwriter Salary in India. Salary estimates are based on 34 latest salaries received from various employees of Cognizant India.
How does the salary of a Mortgage Underwriter at Cognizant India compare with the average salary range for this job?
The average salary of a Mortgage Underwriter at Cognizant is 19% less than the average salary of a Mortgage Underwriter in India. To know exact salary insights, login to view.
What are the top skills required to work as a Mortgage Underwriter at Cognizant?
Credit Underwriting, US Mortgage and SDI are some of the popular skills required to work as a Mortgage Underwriter at Cognizant India.
Which similar companies are paying more than Cognizant to a Mortgage Underwriter in India?
  • HCL Group Mortgage Underwriter Salary - ₹3.8 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Mortgage Underwriter in companies similar to Cognizant in India?
  • Wipro Mortgage Underwriter Salary - ₹1.6 Lakhs to ₹6.0 Lakhs per year
  • Genpact Mortgage Underwriter Salary - ₹2.5 Lakhs to ₹6.2 Lakhs per year
  • TCS Mortgage Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
  • HCLTech Mortgage Underwriter Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • Infosys Mortgage Underwriter Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
What is the estimated take home salary of a Mortgage Underwriter at Cognizant in India?
The estimated take-home salary of a Mortgage Underwriter at Cognizant ranges between ₹29,198 per month to ₹30,574 per month in India. The take-home salary calculation is based on the average Cognizant Mortgage Underwriter salary in India which ranges between ₹2.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Mortgage Underwriter at Cognizant?
According to AmbitionBox, 67% of the Cognizant Mortgage Underwriters reported a notice period of 2 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Cognizant Mortgage Underwriter salary in India ranges between ₹2.1 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 Cognizant latest salaries received from various employees of Cognizant.