Upload Button Icon Add office photos

HDFC Bank

Compare button icon Compare button icon Compare
3.9

based on 38.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

HDFC Bank Underwriter salaries in India

Annual salary range
1 - 9 years exp.
₹1.3 Lakh - ₹7.4 Lakhs
Salary of majority employees
unlock blur
unlock blur

29% less than the average Underwriter Salary in Banking Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Underwriter Salary
2 - 9 years exp. (5 salaries)
unlock-blur

₹3.3 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Underwriter Salary
3 - 8 years exp. (5 salaries)
unlock-blur

₹1.3 L/yr - ₹4.5 L/yr

Finance & Accounting
Underwriter Salary
3 - 8 years exp. (5 salaries)
unlock-blur

₹3 L/yr - ₹5.3 L/yr

Sales & Business Development
Underwriter Salary
5 - 6 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.1 L/yr - ₹3 L/yr

Risk Management & Compliance
Underwriter Salary
1 - 2 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.1 L/yr - ₹5 L/yr

View all

Last Updated: 28 Dec 2024

Companies similar to HDFC Bank for Underwriter

Company name Avg Annual Salary Open Jobs
Logo
ICICI Bank Underwriter Salary

1 - 4 years exp. (4 salaries)

unlock blur

₹2.3 L/yr - ₹9.6 L/yr

arrow icon 36% more
Logo
Axis Bank Underwriter Salary

2 - 4 years exp. (5 salaries)

unlock blur

₹3.8 L/yr - ₹6.3 L/yr

arrow icon 28% more
Logo
Kotak Mahindra Bank Underwriter Salary

1 - 5 years exp. (4 salaries)

unlock blur

₹2 L/yr - ₹4.7 L/yr

arrow icon 8% less
Logo
Yes Bank Underwriter Salary

2 - 5 years exp. (4 salaries)

unlock blur

₹2.8 L/yr - ₹5.1 L/yr

arrow icon 1% less
Logo
IDFC FIRST Bank Underwriter Salary

1 - 12 years exp. (4 salaries)

unlock blur

₹5.3 L/yr - ₹14 L/yr

arrow icon 118% more
Underwriter salary at HDFC Bank ranges between ₹1.3 Lakh to ₹7.4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 27 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Underwriter

1w ago
avg blur mobile
4 years exp.
2w ago
avg blur mobile
6 years exp.
1mo ago
avg blur mobile
8 years exp.
2mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
2 years exp.
3mo ago
avg blur mobile
8 years exp.
4mo ago
avg blur mobile
2 years exp.
4mo ago
avg blur mobile
1 year exp.
4mo ago
avg blur mobile
2 years exp.
7mo ago
avg blur mobile
4 years exp.

Experience wise HDFC Bank Underwriter salaries

Last Updated: 28 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹5 L/yr
2 years  (4 salaries)

unlock blur

₹3.3 L/yr - ₹5 L/yr
3 years  (4 salaries)

unlock blur

₹1.3 L/yr - ₹6.7 L/yr
4 years  (4 salaries)

unlock blur

₹2 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹1.6 L/yr - ₹6.8 L/yr
View all

Similar Designation salaries in HDFC Bank

unlock blur
₹12 L/yr - ₹45 L/yr
Analyst Salary
(77 salaries)
unlock blur
₹8.8 L/yr - ₹13 L/yr
unlock blur
₹3 L/yr - ₹9.05 L/yr
Underwriting Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5.1 L/yr - ₹6.6 L/yr
Team Lead Salary
(271 salaries)
unlock blur
₹1 L/yr - ₹8.17 L/yr
Chief Manager Salary
(13 salaries)
unlock blur
₹8 L/yr - ₹26 L/yr
Underwriting Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹6.3 L/yr - ₹8 L/yr
Credit Manager Salary
(2.7k salaries)
unlock blur
₹3.5 L/yr - ₹14 L/yr
unlock blur
₹1.66 L/yr - ₹9.6 L/yr
Senior Analyst Salary
(26 salaries)
unlock blur
₹3.5 L/yr - ₹14.9 L/yr

Salary related reviews for HDFC Bank

4.2

Rated by 11 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 04 Dec 2024

3.0
 for  Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

read more
  • Skill development - Good
  • +1 more

Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

  • Salary - Good
  • +6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

  • Job security - Excellent

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 02 May 2024

1.0
 for  Salary and Benefits

Likes

Other than job stability and company value there's no benefits at all

  • Job security - Excellent

Dislikes

...ng a leave when you are sick also feels like you have committed a serious crime. No hike even after working for almost 10 hrs a day for 4 years. Terrible process and sales pressure. Your mental health goes for a toss working here.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Bank Underwriter Salary FAQs

What is the salary of Underwriter at HDFC Bank?
Underwriter salary at HDFC Bank in India ranges between ₹1.3 Lakhs to ₹7.4 Lakhs for experience between 1 years to 9 years. According to our estimates it is 29% less than the average Underwriter Salary in India. Salary estimates are based on 27 latest salaries received from various employees of HDFC Bank India.
How does the salary of a Underwriter at HDFC Bank India compare with the average salary range for this job?
The average salary of a Underwriter at HDFC Bank is 29% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Bank to a Underwriter in India?
  • IDFC FIRST Bank Underwriter Salary - ₹5.3 Lakhs to ₹14.0 Lakhs per year
  • ICICI Bank Underwriter Salary - ₹2.3 Lakhs to ₹9.6 Lakhs per year
  • Axis Bank Underwriter Salary - ₹3.8 Lakhs to ₹6.3 Lakhs per year
What is the salary of a Underwriter in companies similar to HDFC Bank in India?
  • Yes Bank Underwriter Salary - ₹2.8 Lakhs to ₹5.1 Lakhs per year
  • Kotak Mahindra Bank Underwriter Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year
What is the estimated take home salary of a Underwriter at HDFC Bank in India?
The estimated take-home salary of a Underwriter at HDFC Bank ranges between ₹27,600 per month to ₹29,000 per month in India. The take-home salary calculation is based on the average HDFC Bank Underwriter salary in India which ranges between ₹1.3 Lakhs to ₹7.4 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Underwriter at HDFC Bank?
According to AmbitionBox, 42% of the HDFC Bank Underwriters reported a notice period of 1 Month, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Underwriter salary in India ranges between ₹1.3 Lakh to ₹7.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 HDFC Bank latest salaries received from various employees of HDFC Bank.