Flatworld Mortgage Processing Bangalore / Bengaluru Underwriter Salaries by 5 Employees

1 - 2 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Underwriter Salary in IT Services & Consulting Companies for 1 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr
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BFSI, Investments & Trading Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 7 Sep 2023

Companies similar to Flatworld Mortgage Processing for Underwriter in Bangalore / Bengaluru

Flatworld Mortgage Processing Underwriter Salary

1 - 2 years exp. (5 salaries)

₹2 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
SitusAMC Underwriter Salary 3 - 12 years exp. (112 salaries)	₹4.3 L/yr - ₹10.5 L/yr 184% more
VERITY GLOBAL SOLUTIONS Underwriter Salary 1 - 9 years exp. (39 salaries)	₹3.1 L/yr - ₹9.3 L/yr 102% more
Login to view exact salary
Namaste Credit Underwriter Salary 0 - 4 years exp. (28 salaries)	₹1.8 L/yr - ₹3 L/yr 4% less
Visionet Systems Underwriter Salary 1 - 7 years exp. (23 salaries)	₹2.4 L/yr - ₹8 L/yr 105% more
Firstsource Solutions Underwriter Salary 1 - 9 years exp. (22 salaries)	₹2.5 L/yr - ₹9.8 L/yr 98% more	1 job opening

Underwriter salary at Flatworld Mortgage Processing ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Flatworld Mortgage Processing.

Experience wise Flatworld Mortgage Processing Underwriter salaries in Bangalore / Bengaluru

Last Updated: 7 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
Login to view exact salary
2 years (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr

Similar Designation salaries in Flatworld Mortgage Processing

Process Associate Salary

(326 salaries)

₹1.2 L/yr - ₹4.2 L/yr

Mortgage Underwriter Salary

(23 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Senior Process Associate Salary

(23 salaries)

₹2.2 L/yr - ₹4.3 L/yr

Senior Associate Salary

(6 salaries)

₹2.85 L/yr - ₹3.7 L/yr

Analyst Salary

(4 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Salary related reviews for Flatworld Mortgage Processing

2.0

Rated by 1 employees for salary & benefits

Process Associate in Bangalore / Bengaluru

Contractual

Customer Success, Service & Operations Department

3.0

• posted on 10 Nov 2024

2.0

for Salary and Benefits

Likes

Friendly Nature,Nice corporative team members, Coming to the work Have a great future on learning this work.

Promotions - Good

+2 more

Dislikes

Salary date is to late No proper leaves No work from home Night shift alavences is not there For every employee starting 15k is not Good No team outings with proper facilities Employee with or without work both are getting same salary Employee with 8 hours work also getting less salary like who have no work Incentives are not been added quickly after getting 1 yr appraisal No proper snacks and tea is worst tham ever seen

Salary - Poor

+1 more

Process Associate in Bangalore / Bengaluru

US Mortgage Department

1.0

• posted on 03 Nov 2021

1.0

for Salary and Benefits

Likes

Teammates are supportive

Dislikes

Salary is not good. There is a bond of 1 year before which you cannot resign. Suddenly they remove staff, without any intimation also. They told like after 1 year there is appraisal, but they won't give even incentives also.

Salary - Bad

+5 more

Process Associate in Bangalore Rural

Customer Success, Service & Operations Department

4.0

• posted on 28 Jul 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture. Team mates are supportive. They give good salary and appraisals.

Work satisfaction - Good

Dislikes

There is small cafeteria. Bonus and hike are not fair. There is bond of 1 year before which you cannot resign.

Salary - Poor

Process Associate in Bangalore / Bengaluru

PPr Department

1.0

• posted on 28 Sep 2017

3.0

for Salary and Benefits

Likes

I like only one thing in that company they used to pay salary in time without any delay

Skill development - Good

Dislikes

I dont know about other process especially in PPR process the team leader and team co ordinators played partiallity in every suitation.they showed favourtism to some people those who are closed to them ,which made me to felt bad ,this is the reason i left my job in flatworld company.I have some many complaints but i dont want discuss because i am former employee in that office.I have trust in god that we left something he will give better than that .During appraisals and promotions are given only those who are closed to them.

Job security - Poor

+4 more

Mortgage Associate in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 10 Feb 2022

1.0

for Salary and Benefits

Likes

One of the worst company in Bangalore. No career growth and not good salary.any time termination employee from this company

Dislikes

Every low salary and not career and full Harassment and they are giving any employee termination depend low value from client side. Please don’t do to work this company. If u have worked this company. Definitely u lost ur career life see

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Flatworld Mortgage Processing Underwriter Salary FAQs

What is the salary of Underwriter at Flatworld Mortgage Processing in Bangalore / Bengaluru?

The average salary of a Underwriter at Flatworld Mortgage Processing in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Underwriter in Bangalore / Bengaluru at Flatworld Mortgage Processing earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Underwriter Salaries at Flatworld Mortgage Processing 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 5 Flatworld Mortgage Processing employees in India.

What is the estimated take home salary of a Underwriter at Flatworld Mortgage Processing in Bangalore / Bengaluru?

The estimated take-home salary of a Underwriter at Flatworld Mortgage Processing in Bangalore / Bengaluru typically ranges from ₹18,863 to ₹20,543 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 2 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 5 salaries received from various employees of Flatworld Mortgage Processing. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Flatworld Mortgage Processing for Underwriter in India?

SitusAMC	₹4.3 Lakhs to ₹10.5 Lakhs per year
Visionet Systems	₹2.4 Lakhs to ₹8.0 Lakhs per year
VERITY GLOBAL SOLUTIONS	₹3.1 Lakhs to ₹9.3 Lakhs per year
Firstsource Solutions	₹2.5 Lakhs to ₹9.8 Lakhs per year

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

What is the salary of a Underwriter in companies similar to Flatworld Mortgage Processing in Bangalore / Bengaluru?

The salary of a Underwriter at companies similar to Flatworld Mortgage Processing in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Namaste Credit

₹1.8 Lakhs to ₹3.0 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 Flatworld Mortgage Processing in Bangalore / Bengaluru?

The salary growth for a Underwriter at Flatworld Mortgage Processing in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Underwriter in Bangalore / Bengaluru can expect the following growth trajectory at Flatworld Mortgage Processing:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.2 Lakhs to ₹3.2 Lakhs per year

and so on.

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Flatworld Mortgage Processing Underwriter Salaries in Bangalore / Bengaluru

Flatworld Mortgage Processing Underwriter salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Flatworld Mortgage Processing latest salaries received from various employees of Flatworld Mortgage Processing.