IDFC FIRST Bank Mumbai Underwriter Salaries by Employees

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₹5 Lakhs - ₹6.3 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 3 May 2023

Companies similar to IDFC FIRST Bank for Underwriter in Mumbai

IDFC FIRST Bank Underwriter Salary

5 years exp. (AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Company name	Avg Annual Salary	Open Jobs
SitusAMC Underwriter Salary 3 - 12 years exp. (101 salaries)	₹4.7 L/yr - ₹10.1 L/yr 34% more
Techsurance Underwriter Salary 0 - 2 years exp. (25 salaries)	₹1.8 L/yr - ₹3.2 L/yr 61% less
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Tata AIG Underwriter Salary 0 - 5 years exp. (19 salaries)	₹5.5 L/yr - ₹17.4 L/yr 79% more
ICICI Lombard General Insurance Company Underwriter Salary 0 - 3 years exp. (15 salaries)	₹5 L/yr - ₹10 L/yr 37% more
Firstsource Solutions Underwriter Salary 2 - 6 years exp. (14 salaries)	₹4.5 L/yr - ₹7.7 L/yr 3% more	1 job opening

Underwriter salary at IDFC FIRST Bank ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of IDFC FIRST Bank.

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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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What people are saying about IDFC FIRST Bank

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a senior business analyst

Salary discussion

For a BA/PM, is 50% increment on current salary is too much to ask? Background: MBA from IIM, BE - Computer Science from tier 2 college, ~3 Years experience.

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IDFC FIRST Bank Underwriter Salary FAQs

How the salary growth look like for a Underwriter at IDFC FIRST Bank in Mumbai?

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

Experience	Average Salary Range
5 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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IDFC FIRST Bank Underwriter Salaries in Mumbai

IDFC FIRST Bank Underwriter salary in Mumbai ranges between ₹5 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of IDFC FIRST Bank.