EXL Service Mortgage Underwriter Salaries by 30+ Employees

2 - 10 years exp.

₹2.2 Lakhs - ₹7.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% more than the average Mortgage Underwriter Salary in IT Services & Consulting Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Mortgage Underwriter Salary 2 - 10 years exp. (23 salaries)	₹2.8 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading Mortgage Underwriter Salary 2 - 10 years exp. (8 salaries)	₹4 L/yr - ₹7.8 L/yr
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Data Science & Analytics Mortgage Underwriter Salary 5 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹6.5 L/yr
Finance & Accounting Mortgage Underwriter Salary 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹7.1 L/yr

Last Updated: 2 Dec 2024

Companies similar to EXL Service for Mortgage Underwriter

Company name	Avg Annual Salary	Open Jobs
Accenture Mortgage Underwriter Salary 0 - 4 years exp. (193 salaries)	₹1.3 L/yr - ₹6 L/yr 47% less
SitusAMC Mortgage Underwriter Salary 2 - 13 years exp. (176 salaries)	₹3.6 L/yr - ₹10.8 L/yr 28% more
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Firstsource Solutions Mortgage Underwriter Salary 0 - 10 years exp. (179 salaries)	₹2 L/yr - ₹10.2 L/yr 2% more
TCS Mortgage Underwriter Salary 1 - 9 years exp. (160 salaries)	₹2 L/yr - ₹7 L/yr 36% less
Mphasis Mortgage Underwriter Salary 0 - 9 years exp. (116 salaries)	₹1.8 L/yr - ₹8.2 L/yr 14% less

Mortgage Underwriter salary at EXL Service ranges between ₹2.2 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 38 latest salaries received from various employees of EXL Service.

Experience wise EXL Service Mortgage Underwriter salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.7 L/yr
3 years (6 salaries)	₹2.2 L/yr - ₹5.5 L/yr
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4 years (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr
5 years (7 salaries)	₹4 L/yr - ₹6.5 L/yr
6 years (4 salaries)	₹4 L/yr - ₹6.5 L/yr
7 years (5 salaries)	₹5 L/yr - ₹6.5 L/yr
8 years (6 salaries)	₹4 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in EXL Service

Management Trainee Salary

(7 salaries)

₹10 L/yr - ₹19 L/yr

Finance Executive Salary

(105 salaries)

₹1.7 L/yr - ₹4.5 L/yr

Process Developer Salary

(23 salaries)

₹2 L/yr - ₹6.7 L/yr

Credit Analyst Salary

(9 salaries)

₹4 L/yr - ₹5.1 L/yr

Process Associate Salary

(512 salaries)

₹1.1 L/yr - ₹4.8 L/yr

Associate Analyst Salary

(23 salaries)

₹2 L/yr - ₹4.65 L/yr

Business Analyst Salary

(1.1k salaries)

₹5 L/yr - ₹15 L/yr

Team Lead Salary

(88 salaries)

₹4.45 L/yr - ₹11 L/yr

Associate Consultant Salary

(132 salaries)

₹2.5 L/yr - ₹10.9 L/yr

Senior Associate Salary

(2.5k salaries)

₹1.05 L/yr - ₹8.5 L/yr

Top skills at EXL Service for Mortgage Underwriter

Mortgage Underwriting Insurance Underwriting Underwriting

Salary related reviews for EXL Service

3.0

Rated by 1 employees for salary & benefits

Senior Associate in Noida

Full Time

Other Department

1.0

• posted on 21 Mar 2025

1.0

for Salary and Benefits

Likes

As an organisation EXL may be good but the process under which I worked was pathetic and the manegement sucks.

Dislikes

The toxic culture, they don't pay the same amount to employees who have been working hard here from last 4-5 years but they pay the current market payout to the new employees

Salary - Bad

+5 more

Senior Associate in Noida (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Their work culture is good overe there all supervisors and managers are supportive.

Job security - Good

+3 more

Dislikes

Their salary structure they don't do increment as employee expectations. And also they don't offers good salary to their employees in insurance Process.

Salary - Poor

+1 more

Business Analyst in Ahmedabad

Full Time

Consulting Department

3.0

• posted on 14 Mar 2024

1.0

for Salary and Benefits

Likes

You will not be fired. They will try their best to accomodate you with any client. They had all good banking clients, and had good projects. This is before 2020

Job security - Good

+1 more

Dislikes

Salary is the worst. You don't promotions and incentives based on your but based on your

Salary - Bad

+4 more

Senior Associate in Noida

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 05 Jan 2024

2.0

for Salary and Benefits

Likes

Work from home . if you're a fresher graduate you can.

Dislikes

Salary... they give salary in penny, chillers, Managers. I want to take names Kiran and mukesh ( she is real evil ) Ther are the real enemy they will cut you down after hiring 1.5 lac to 2 lac freshers😆 this is how they justify their salary... You can't take you CL PL SL, if you want you have to work on Saturday, I don't know when or ever government will look these matters? They will deduct employees PF plus employers pension amount from your salary 😆😆😆 And because you are the employee you cant argue about it because boss is always right.. (This is Illigal) And HRs they will sell themselves in just 2 thousands. Good luck 🤞

Salary - Poor

+5 more

Associate Consultant in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Sep 2023

1.0

for Salary and Benefits

Likes

If you have non other option you can join it else ho for other companies

Dislikes

Everything Salary variation is too much Let's take one employee is getting 4 LPA but another employee for same post same lob may be getting 10 LPA NON AC CAB

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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EXL Service Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at EXL Service ?

The average salary of a Mortgage Underwriter at EXL Service in India typically ranges from ₹2.2 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Mortgage Underwriter at EXL Service earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Mortgage Underwriter Salaries at EXL Service 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 30+ EXL Service employees in India.

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

The estimated take-home salary of a Mortgage Underwriter at EXL Service in India typically ranges from ₹42,922 to ₹44,044 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 2 years to 10 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 30+ salaries received from various employees of EXL Service. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Mortgage Underwriter at EXL Service ?

To be a Mortgage Underwriter at EXL Service in india, the key skills required include:

- Mortgage Underwriting
- Insurance Underwriting
- Underwriting

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

Which companies offer higher salaries than EXL Service for Mortgage Underwriter in India?

SitusAMC	₹3.6 Lakhs to ₹10.8 Lakhs per year
Firstsource Solutions	₹2.0 Lakhs to ₹10.2 Lakhs per year

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

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

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

Mphasis	₹1.8 Lakhs to ₹8.2 Lakhs per year
TCS	₹2.0 Lakhs to ₹7.0 Lakhs per year
Accenture	₹1.3 Lakhs to ₹6.0 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 Mortgage Underwriter at EXL Service in India?

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

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹8.7 Lakhs per year
3 years	₹2.2 Lakhs to ₹5.5 Lakhs per year
4 years	₹3.6 Lakhs to ₹5.5 Lakhs per year
5 years	₹4.0 Lakhs to ₹6.5 Lakhs per year

and so on.

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EXL Service Mortgage Underwriter Salaries

EXL Service Mortgage Underwriter salary in India ranges between ₹2.2 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 EXL Service latest salaries received from various employees of EXL Service.