IndusInd Bank Underwriter Salaries by Employees (Updated 2025)

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₹4.7 Lakhs - ₹6 Lakhs

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Salary of majority employees

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Last Updated: 24 Dec 2023

Companies similar to IndusInd 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 30% less
ICICI Bank Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹9.6 L/yr 5% less
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Axis Bank Underwriter Salary 2 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 10% less
Kotak Mahindra Bank Underwriter Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 36% less
Yes Bank Underwriter Salary 2 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹5.1 L/yr 31% less
IDFC FIRST Bank Underwriter Salary 1 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹14 L/yr 52% more
Barclays Underwriter Salary 3 - 12 years exp. (14 salaries)	₹5 L/yr - ₹8 L/yr 19% more
NatWest Group Underwriter Salary 2 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹5.8 L/yr 2% less
NatWest Markets Underwriter Salary 2 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 6% less

Underwriter salary at IndusInd Bank ranges between ₹4.7 Lakhs to ₹6 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of IndusInd Bank.

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Top skills at IndusInd Bank for Underwriter

Credit Risk Banking Credit Analysis Underwriting

Salary related reviews for IndusInd Bank

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Dislikes

Salary and Appraisal.

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Chief Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing to like about IndusInd bank other then there attractive compensation offering. That is how they will bring you in system and then that money will not help you to survive. Eventually you will choose peace over money.

Dislikes

1) Work Pressure 2) No inputs from organization. 3) You will be left on your own without any leads from bank's side. 4) Video call culture.

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 27 Jul 2023

2.0

for Salary and Benefits

Likes

Working Culture might not be the best but it is still better in my department when compared to other department or even other banks. Seniors in my department are approachable.

Dislikes

Salary breakup is very bad. You get very less in hand then what is promised. Small increments.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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IndusInd Bank Underwriter Salary FAQs

What is the notice period for Underwriter at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Underwriters reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IndusInd Bank Underwriter Salaries

IndusInd Bank Underwriter salary in India ranges between ₹4.7 Lakhs to ₹6 Lakhs. This is an estimate based on latest salaries received from employees of IndusInd Bank.