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HDFC Bank Underwriter salaries in Chennai

Annual salary range
1 - 8 years exp.
₹2.5 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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19% less than the average Underwriter Salary in Banking Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Risk Management & Compliance
Underwriter Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Underwriter Salary
6 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr

Customer Success, Service & Operations
Underwriter Salary
8 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4 L/yr

Finance & Accounting
Underwriter Salary
7 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹8.5 L/yr

Last Updated: 13 Feb 2025

Companies similar to HDFC Bank for Underwriter in Chennai

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HDFC Bank Underwriter Salary

1 - 8 years exp. (8 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 - 5 years exp. (50 salaries)

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₹1.5 L/yr - ₹5.2 L/yr

arrow icon 33% less
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Mphasis Underwriter Salary

2 - 11 years exp. (22 salaries)

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₹2.1 L/yr - ₹7.5 L/yr

arrow icon 39% more
3 job openings
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SitusAMC Underwriter Salary

3 - 10 years exp. (22 salaries)

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₹5.5 L/yr - ₹10 L/yr

arrow icon 67% more
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VERITY GLOBAL SOLUTIONS Underwriter Salary

2 - 8 years exp. (9 salaries)

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₹4.8 L/yr - ₹7.2 L/yr

arrow icon 38% more
Underwriter salary at HDFC Bank ranges between ₹2.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Underwriter in Chennai

1w ago
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8 years exp.
5mo ago
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8 years exp.
6mo ago
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1 year exp.
6mo ago
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2 years exp.
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1 year exp.
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6 years exp.
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7 years exp.
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6 years exp.

Experience wise HDFC Bank Underwriter salaries in Chennai

Last Updated: 13 Feb 2025

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 - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
View all

Similar Designation salaries in HDFC Bank

Credit Manager Salary
(178 salaries)
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₹2 L/yr - ₹11.6 L/yr
Team Lead Salary
(28 salaries)
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₹2 L/yr - ₹9.44 L/yr
Analyst Salary
(10 salaries)
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₹2 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

 · 

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

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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 8 years. According to our estimates it is 19% less than the average Underwriter Salary in India. Salary estimates are based on 8 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 19% 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 ₹10.0 Lakhs per year
  • Mphasis Underwriter Salary - ₹2.1 Lakhs to ₹7.5 Lakhs per year
  • VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹4.8 Lakhs to ₹7.2 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
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 ₹33,516 per month to ₹34,778 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 8 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 8 HDFC Bank latest salaries received from various employees of HDFC Bank.