Mahindra Finance Senior Underwriter Salaries by Employees (Updated 2025)

Select experience

₹13.7 Lakhs - ₹17.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 11 Jan 2025

Companies similar to Mahindra Finance for Senior Underwriter

Company name	Avg Annual Salary	Open Jobs
Wipro Senior Underwriter Salary 3 - 9 years exp. (141 salaries)	₹3.5 L/yr - ₹10 L/yr 56% less
SitusAMC Senior Underwriter Salary 6 - 15 years exp. (135 salaries)	₹5 L/yr - ₹15 L/yr 38% less
Login to view exact salary
Firstsource Solutions Senior Underwriter Salary 3 - 11 years exp. (87 salaries)	₹3.2 L/yr - ₹12 L/yr 56% less
VERITY GLOBAL SOLUTIONS Senior Underwriter Salary 4 - 13 years exp. (48 salaries)	₹4.6 L/yr - ₹13 L/yr 41% less
Mphasis Senior Underwriter Salary 4 - 11 years exp. (29 salaries)	₹4.2 L/yr - ₹9.6 L/yr 53% less	1 job opening

Senior Underwriter salary at Mahindra Finance ranges between ₹13.7 Lakhs to ₹17.5 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Mahindra Finance.

Similar Designation salaries in Mahindra Finance

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Team Manager Salary

(5 salaries)

₹4.7 L/yr - ₹10 L/yr

Deputy Manager Salary

(341 salaries)

₹4 L/yr - ₹12 L/yr

Operations Manager Salary

(12 salaries)

₹1.3 L/yr - ₹6.7 L/yr

Quality Analyst Salary

(4 salaries)

₹3 L/yr - ₹6.2 L/yr

Team Lead Salary

(35 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Analyst Salary

(3 salaries)

₹1 L/yr - ₹12 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹8.1 L/yr

Back Office Executive Salary

(44 salaries)

₹1.4 L/yr - ₹3.32 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Mahindra Finance

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Back Office Executive in Faizabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

Dislikes

NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

Salary - Bad

+6 more

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Back Office Executive in Coimbatore

BFSI, Investments & Trading Department

4.0

• posted on 05 Jan 2019

1.0

for Salary and Benefits

Likes

Work environment ok

Skill development - Good

+2 more

Dislikes

Accounts team are facing many more work load and getting only very lowest salary for lot of work.. Accounts team was facing working time on many days on 10 to 12 hours..but working time was 8 hours..and this company cannot give incentive are allowances and food for the extra timings...

Salary - Bad

+1 more

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Senior Underwriter Salary FAQs

How the salary growth look like for a Senior Underwriter at Mahindra Finance in India?

The salary growth for a Senior Underwriter at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Senior Underwriter can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
6 years	₹13.7 Lakhs to ₹17.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Senior Underwriter Salaries

Mahindra Finance Senior Underwriter salary in India ranges between ₹13.7 Lakhs to ₹17.5 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.