IDFC FIRST Bank Mortgage Underwriter Salaries by 4 Employees

2 - 6 years exp.

₹4.4 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Mortgage Underwriter Salary in Banking Companies for 2 - 6 years of experience

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Last Updated: 1 Oct 2024

Companies similar to IDFC FIRST Bank for Mortgage Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Mortgage Underwriter Salary 2 - 10 years exp. (6 salaries)	₹3 L/yr - ₹8.7 L/yr 2% more
HDFC Bank Mortgage Underwriter Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹9.1 L/yr 13% more
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Axis Bank Mortgage Underwriter Salary 0 - 5 years exp. (5 salaries)	₹2.2 L/yr - ₹10.8 L/yr 8% more
Accenture Mortgage Underwriter Salary 0 - 4 years exp. (202 salaries)	₹1.3 L/yr - ₹6 L/yr 44% less
SitusAMC Mortgage Underwriter Salary 2 - 13 years exp. (196 salaries)	₹4 L/yr - ₹10.8 L/yr 35% more

Mortgage Underwriter salary at IDFC FIRST Bank ranges between ₹4.4 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Mortgage Underwriter salaries

Last Updated: 1 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹10.3 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹9.3 L/yr

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Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

Deputy Manager in Ahmedabad

Full Time

Sales & Business Development Department

1.0

• posted on 08 Jan 2023

5.0

for Salary and Benefits

Likes

Only Salary is the best part in IDFC FIRST BANK.

Salary - Excellent

Dislikes

... handle the pressure from their seniors so they put their pressure on employees.Employees only trap in salary part.even in sleep many times you will get dream of working pressure.

Skill development - Bad

+5 more

Deputy Manager in Salem

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 15 Mar 2023

5.0

for Salary and Benefits

Likes

Best bank Every cross sell and deepening comes under incentive lots of growth opportunities yearly growth salary hike also Good..Best place to Work.

Salary - Excellent

+6 more

Dislikes

Nothing to say dislike May overcome simplifying in process.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDFC FIRST Bank Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at IDFC FIRST Bank ?

The average salary of a Mortgage Underwriter at IDFC FIRST Bank in India typically ranges from ₹4.4 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Mortgage Underwriter at IDFC FIRST Bank earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Mortgage Underwriter Salaries at IDFC FIRST Bank 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 4 IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Mortgage Underwriter at IDFC FIRST Bank in India?

The estimated take-home salary of a Mortgage Underwriter at IDFC FIRST Bank in India typically ranges from ₹41,259 to ₹42,405 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDFC FIRST Bank for Mortgage Underwriter in India?

SitusAMC	₹4.0 Lakhs to ₹10.8 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹9.1 Lakhs per year
Axis Bank	₹2.2 Lakhs to ₹10.8 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹8.7 Lakhs per year

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

What is the salary of a Mortgage Underwriter in companies similar to IDFC FIRST Bank in India?

The salary of a Mortgage Underwriter at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Accenture

₹1.3 Lakhs to ₹6.0 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 Mortgage Underwriter at IDFC FIRST Bank in India?

The salary growth for a Mortgage Underwriter at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Mortgage Underwriter can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
2 years	₹4.9 Lakhs to ₹10.3 Lakhs per year
3 years	₹2.2 Lakhs to ₹6.3 Lakhs per year
4 years	₹2.2 Lakhs to ₹6.3 Lakhs per year
5 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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IDFC FIRST Bank Mortgage Underwriter Salaries

IDFC FIRST Bank Mortgage Underwriter salary in India ranges between ₹4.4 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.