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HDFC Bank Underwriter salaries in Chennai

Annual salary range
1 - 9 years exp.
₹2.5 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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18% less than the average Underwriter Salary in Banking Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Underwriter Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹6.5 L/yr

Risk Management & Compliance
Underwriter Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Underwriter Salary
8 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Finance & Accounting
Underwriter Salary
7 years exp. (AmbitionBox Estimate)
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₹5.8 L/yr - ₹8.5 L/yr

Last Updated: 2 Dec 2024

Companies similar to HDFC Bank for Underwriter in Chennai

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HDFC Bank Underwriter Salary

1 - 9 years exp. (10 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Yes Bank Underwriter Salary

2 - 6 years exp. (3 salaries)

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₹3.5 L/yr - ₹5.1 L/yr

arrow icon 8% less
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Accenture Underwriter Salary

0 - 4 years exp. (48 salaries)

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₹1.5 L/yr - ₹5.2 L/yr

arrow icon 33% less
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SitusAMC Underwriter Salary

2 - 10 years exp. (23 salaries)

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₹5.5 L/yr - ₹10.6 L/yr

arrow icon 70% more
2 job openings
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Mphasis Underwriter Salary

3 - 9 years exp. (17 salaries)

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₹3.3 L/yr - ₹8.2 L/yr

arrow icon 28% more
6 job openings
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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 39% less
Underwriter salary at HDFC Bank ranges between ₹2.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Underwriter in Chennai

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8 years exp.
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8 years exp.
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1 year exp.
4mo ago
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2 years exp.
9mo ago
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1 year exp.
11mo ago
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9 years exp.
1y ago
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6 years exp.
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7 years exp.
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6 years exp.
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9 years exp.

Experience wise HDFC Bank Underwriter salaries in Chennai

Last Updated: 2 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in HDFC Bank

Credit Manager Salary
(164 salaries)
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₹2 L/yr - ₹10.02 L/yr
Team Lead Salary
(26 salaries)
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₹1.7 L/yr - ₹7.49 L/yr
Analyst Salary
(7 salaries)
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₹8.67 L/yr - ₹10 L/yr
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₹3.8 L/yr - ₹8 L/yr
Senior Analyst Salary
(4 salaries)
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₹4 L/yr - ₹6.5 L/yr

Salary related reviews for HDFC Bank

4.1

Rated by 2 employees for salary & benefits

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

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Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary is always on time. Brand name in the market makes feel proud of being part of big organization. Good software Technology system is adopted by the this organisation for both customers and employees. Less technological errors/failures are faced.

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Dislikes

Extended working hours, Apart from salary, other benefits are very less as compare to other organisations. Incentive structure is very strict and most of the time partial part of earned incentives are kept on hold for the whole year. Sales is so aggressive as it could harm mental well being. Output is given highest priority than the inputs. Seniors always show aggression for sales and same aggression is seen in their actions and reactions. Overall work culture is not helathy to work. Most of the time obusive language and high volume is used by seniors.

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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.

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.

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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

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.

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Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 10 Jun 2024

1.0
 for  Salary and Benefits

Likes

No comments..

Dislikes

HDFC do not take care of vintage employees who are old in system more than 10 years old Pay package is too low as compared to fresh hiring despite of equivalent qualification/degree as well as experience.

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HDFC Bank Underwriter Salary FAQs

What is the salary of Underwriter at HDFC Bank Chennai?
Underwriter salary at HDFC Bank in Chennai ranges between ₹2.5 Lakhs to ₹8.5 Lakhs for experience between 1 years to 9 years. According to our estimates it is 18% less than the average Underwriter Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HDFC Bank Chennai.
How does the salary of a Underwriter at HDFC Bank Chennai compare with the average salary range for this job?
The average salary of a Underwriter at HDFC Bank is 18% less than the average salary of a Underwriter in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Bank to a Underwriter in Chennai?
  • SitusAMC Underwriter Salary - ₹5.5 Lakhs to ₹10.6 Lakhs per year
  • Mphasis Underwriter Salary - ₹3.3 Lakhs to ₹8.2 Lakhs per year
What is the salary of a Underwriter in companies similar to HDFC Bank in Chennai?
  • Yes Bank Underwriter Salary - ₹3.5 Lakhs to ₹5.1 Lakhs per year
  • Accenture Underwriter Salary - ₹1.5 Lakhs to ₹5.2 Lakhs per year
  • Star Health & Allied Insurance Underwriter Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
What is the estimated take home salary of a Underwriter at HDFC Bank in Chennai?
The estimated take-home salary of a Underwriter at HDFC Bank ranges between ₹33,324 per month to ₹34,589 per month in Chennai. The take-home salary calculation is based on the average HDFC Bank Underwriter salary in India which ranges between ₹2.5 Lakhs to ₹8.5 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 in Chennai?
According to AmbitionBox, 67% of the HDFC Bank Underwriters in Chennai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Underwriter salary in Chennai ranges between ₹2.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 HDFC Bank latest salaries received from various employees of HDFC Bank.