HSBC Electronic Data Processing Underwriter Salaries by 7 Employees

1 - 8 years exp.

₹2.2 Lakhs - ₹4.5 Lakhs

Salary of majority employees

38% less than the average Underwriter Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹2.4 L/yr
BFSI, Investments & Trading Underwriter Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.5 L/yr
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Quality Assurance Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to HSBC Electronic Data Processing for Underwriter

Company name	Avg Annual Salary	Open Jobs
Barclays Underwriter Salary 3 - 12 years exp. (15 salaries)	₹5 L/yr - ₹8 L/yr 99% more
NatWest Group Underwriter Salary 2 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5.8 L/yr 48% more
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Yes Bank Underwriter Salary 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹5.1 L/yr 11% more
IDFC FIRST Bank Underwriter Salary 1 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹14 L/yr 146% more
NatWest Markets Underwriter Salary 2 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 52% more

Underwriter salary at HSBC Electronic Data Processing ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of HSBC Electronic Data Processing.

Experience wise HSBC Electronic Data Processing Underwriter salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for HSBC Electronic Data Processing

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Legal & Regulatory Department

4.0

• posted on 03 Aug 2023

4.0

for Salary and Benefits

Likes

The best employees friendly organization in the industry. Ample opportunities offered by HSBC to learn from different platforms. Encouraging and motivating work culture leading to sound work-life balance.

Salary - Good

+6 more

Dislikes

Can match the competitors in terms if remuneration and overall fixed and variable pay.

Assistant Vice President in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 11 Aug 2024

3.0

for Salary and Benefits

Likes

Good work life balance. Provides global financial experience and outlook. Quality of work can vary depending on the team. There are teams with really mundane work where others have high quality work. Liberal respectful culture.

Skill development - Good

+4 more

Dislikes

Nothing to dislike very much. But salary is typically just about median in many cases lower vs the industry. Designation and salary growth is typically slow.

Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Aug 2020

1.0

for Salary and Benefits

Likes

Since past 2 years I didn’t hike so I am trying my level best to quit Hsbc

Dislikes

Even this year also i am not getting hike due to covid situation there is lot of cost cutting in terms of process automation .There is no growth in Hsbc in terms promotions due to politics

Salary - Bad

+6 more

Analyst in Bangalore / Bengaluru

CDD Department

1.0

• posted on 31 Dec 2019

1.0

for Salary and Benefits

Likes

There s nothing which I like in HSBC.

Dislikes

...no growth in terms of career and our personal development. No work life balance. Compensation is utter worst and pathetic. So plz don't seek a career with HSBC.

Salary - Bad

+6 more

Analyst in Bangalore / Bengaluru

Data Science & Analytics Department

4.0

• posted on 19 Mar 2019

4.0

for Salary and Benefits

Likes

Excellent work culture in bangalore(Gurgaon does not have good work culture), little less compensation comparatively. But still overall I'd rate it to best place to work. Disclaimer: I have switched to different industry

Salary - Good

+6 more

Dislikes

No use of cutting edge technology and relatively less compensation

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HSBC Electronic Data Processing Underwriter Salary FAQs

What is the salary of Underwriter at HSBC Electronic Data Processing ?

The average salary of a Underwriter at HSBC Electronic Data Processing in India typically ranges from ₹2.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Underwriter at HSBC Electronic Data Processing earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Underwriter Salaries at HSBC Electronic Data 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 7 HSBC Electronic Data Processing employees in India.

What is the estimated take home salary of a Underwriter at HSBC Electronic Data Processing in India?

The estimated take-home salary of a Underwriter at HSBC Electronic Data Processing in India typically ranges from ₹24,111 to ₹25,563 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 8 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 7 salaries received from various employees of HSBC Electronic Data Processing. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Electronic Data Processing for Underwriter in India?

IDFC FIRST Bank	₹5.3 Lakhs to ₹14.0 Lakhs per year
Barclays	₹5.0 Lakhs to ₹8.0 Lakhs per year
NatWest Markets	₹4.5 Lakhs to ₹5.5 Lakhs per year
NatWest Group	₹3.0 Lakhs to ₹5.8 Lakhs per year
Yes Bank	₹2.8 Lakhs to ₹5.1 Lakhs per year

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

How the salary growth look like for a Underwriter at HSBC Electronic Data Processing in India?

The salary growth for a Underwriter at HSBC Electronic Data Processing depends on factors such as experience, performance, and promotions. On average, a Underwriter can expect the following growth trajectory at HSBC Electronic Data Processing:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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HSBC Electronic Data Processing Underwriter Salaries

HSBC Electronic Data Processing Underwriter salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HSBC Electronic Data Processing latest salaries received from various employees of HSBC Electronic Data Processing.

HSBC Electronic Data Processing Underwriter salaries in India

Companies similar to HSBC Electronic Data Processing for Underwriter

Latest annual salaries shared by HSBC Electronic Data Processing Underwriter

Experience wise HSBC Electronic Data Processing Underwriter salaries

Similar Designation salaries in HSBC Electronic Data Processing

Salary related reviews for HSBC Electronic Data Processing

Assistant Vice President in Hyderabad / Secunderabad

Assistant Vice President in Bangalore / Bengaluru

Analyst in Bangalore / Bengaluru

Analyst in Bangalore / Bengaluru

Analyst in Bangalore / Bengaluru

HSBC Electronic Data Processing Underwriter Salary FAQs

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