IDFC FIRST Bank Underwriter Salaries by 4 Employees (Updated 2025)

1 - 12 years exp.

₹5.3 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

54% more than the average Underwriter Salary in Banking Companies for 1 - 12 years of experience

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Last Updated: 13 Jan 2025

Companies similar to IDFC FIRST Bank for Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Underwriter Salary 1 - 9 years exp. (27 salaries)	₹1.3 L/yr - ₹7.4 L/yr 54% less
ICICI Bank Underwriter Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹9.6 L/yr 37% less
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Axis Bank Underwriter Salary 2 - 4 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 41% less
Kotak Mahindra Bank Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 58% less
Yes Bank Underwriter Salary 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹5.1 L/yr 55% less

Underwriter salary at IDFC FIRST Bank ranges between ₹5.3 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Underwriter salaries

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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12 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 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.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IDFC FIRST Bank Underwriter Salary FAQs

What is the salary of Underwriter at IDFC FIRST Bank?

Underwriter salary at IDFC FIRST Bank in India ranges between ₹5.3 Lakhs to ₹14.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 54% more than the average Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Underwriter at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Underwriter at IDFC FIRST Bank is 54% more than the average salary of a Underwriter in India. To know exact salary insights, login to view.

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

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
HDFC Bank Underwriter Salary - ₹1.3 Lakhs to ₹7.4 Lakhs per year
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 IDFC FIRST Bank in India?

The estimated take-home salary of a Underwriter at IDFC FIRST Bank ranges between ₹60,204 per month to ₹61,727 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Underwriter salary in India which ranges between ₹5.3 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at IDFC FIRST Bank?

According to AmbitionBox, 100% of the IDFC FIRST Bank Underwriters reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Underwriter Salaries

IDFC FIRST Bank Underwriter salary in India ranges between ₹5.3 Lakhs to ₹14 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.