Envoy Mortgage Mortgage Underwriter Salaries by 4 Employees (Updated 2025)

5 - 7 years exp.

₹4.7 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Mortgage Underwriter Salary in Financial Services Companies for 5 - 7 years of experience

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Last Updated: 30 Apr 2024

Companies similar to Envoy Mortgage for Mortgage Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Mortgage Underwriter Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹9.1 L/yr 9% more
ICICI Bank Mortgage Underwriter Salary 2 - 9 years exp. (7 salaries)	₹3 L/yr - ₹7.8 L/yr 11% less
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Axis Bank Mortgage Underwriter Salary 0 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹9 L/yr At par
Quatrro Mortgage Solutions Mortgage Underwriter Salary 2 - 13 years exp. (11 salaries)	₹2.4 L/yr - ₹7.5 L/yr 7% less
SitusAMC Mortgage Underwriter Salary 2 - 14 years exp. (203 salaries)	₹3.6 L/yr - ₹10.8 L/yr 28% more

Mortgage Underwriter salary at Envoy Mortgage ranges between ₹4.7 Lakhs to ₹7.2 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Envoy Mortgage.

Experience wise Envoy Mortgage Mortgage Underwriter salaries

Last Updated: 30 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹7.2 L/yr
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7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.2 L/yr

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Salary related reviews for Envoy Mortgage

Process Associate in Mangaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 17 May 2024

1.0

for Salary and Benefits

Likes

... of old aged perverts in the management. They don't respect talent and hardwork. No ethics at all, very low salary and they expect you to work overtime for the same pay. You'll find old ugly men who look at women with thirst.

Dislikes

Worst HR, they fire people without prior notice and then they say he/she wasn't productive. This company will shut soon. There are hardly any employees PLEASE AVOID THIS COMPANY OR ELSE YOU'LL REGRET FOR YOUR LIFETIME!!

Salary - Bad

+6 more

Process Associate in Mangaluru

Full Time

Teaching & Training Department

1.0

• posted on 10 Sep 2019

1.0

for Salary and Benefits

Likes

I liked my team on floor and my trainers.

Dislikes

...ience. I was abused by my HR(used profanity) just because I wanted to resign. Unnecessary deductions from my salary. I would like to share the explanation they gave me on salary deductions, 1) We get paid only 90% of our CTC. Remaining 10% for the “ company for employing the employee”!! 2) In which 6% goes for PF , 6% “for the tables, chairs, systems and electricity provided for the employee”. 3) then ₹300-₹400 for basic govt deductions. Also, the employee gets paid only for 90% of CTC but in case of emergency if the employee takes a leave, then LOP(Loss of pay) is calculated on 100% of CTC along with LOAA which is an extra ₹750 for informing late. Also DO NOT MISTAKE THIS COMPANY AS AN MNC BECAUSE ITS NO WHERE CLOSE TO ONE.

Salary - Bad

+6 more

Team Lead Operations in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 16 Mar 2018

3.0

for Salary and Benefits

Likes

Envoy is a very good company to work with. The company definitely value if you have the right talent.

Skill development - Good

+3 more

Dislikes

Recreation facility should be there. All big company has it and I believe if some sort of mind refreshing things are there at the work place then it will definitely improved the quality of work

Senior Process Associate in Bangalore / Bengaluru

Insurance Department

3.0

• posted on 17 Sep 2018

3.0

for Salary and Benefits

Likes

The company is good and I blame only management in it, they are horrible people, felt like I was working on a family owned business with no corporate ethics and they use cheap tricks to get rid of employees also, they were only worried about the cost and never thought about the carrier of 100 of people. About job security I will never recommend any one to join this organization, the corporate value only on the walls!

Dislikes

No proper recognition, no appraisal, no proper training, over all there is no knowledge enhancement program and they were no trainers

Skill development - Poor

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Envoy Mortgage Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at Envoy Mortgage?

Mortgage Underwriter salary at Envoy Mortgage in India ranges between ₹4.7 Lakhs to ₹7.2 Lakhs for experience between 5 years to 7 years. According to our estimates it is 16% more than the average Mortgage Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Envoy Mortgage India.

How does the salary of a Mortgage Underwriter at Envoy Mortgage India compare with the average salary range for this job?

The average salary of a Mortgage Underwriter at Envoy Mortgage is 16% more than the average salary of a Mortgage Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Envoy Mortgage to a Mortgage Underwriter in India?

SitusAMC Mortgage Underwriter Salary - ₹3.6 Lakhs to ₹10.8 Lakhs per year
HDFC Bank Mortgage Underwriter Salary - ₹3.0 Lakhs to ₹9.1 Lakhs per year
Axis Bank Mortgage Underwriter Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Mortgage Underwriter in companies similar to Envoy Mortgage in India?

Quatrro Mortgage Solutions Mortgage Underwriter Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
ICICI Bank Mortgage Underwriter Salary - ₹3.0 Lakhs to ₹7.8 Lakhs per year

What is the estimated take home salary of a Mortgage Underwriter at Envoy Mortgage in India?

The estimated take-home salary of a Mortgage Underwriter at Envoy Mortgage ranges between ₹42,853 per month to ₹43,976 per month in India. The take-home salary calculation is based on the average Envoy Mortgage Mortgage Underwriter salary in India which ranges between ₹4.7 Lakhs to ₹7.2 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Mortgage Underwriter at Envoy Mortgage?

According to AmbitionBox, 100% of the Envoy Mortgage Mortgage Underwriters reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Envoy Mortgage Mortgage Underwriter Salaries

Envoy Mortgage Mortgage Underwriter salary in India ranges between ₹4.7 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Envoy Mortgage latest salaries received from various employees of Envoy Mortgage.