Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Mphasis Team. If you also belong to the team, you can get access from here

Mphasis Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Mphasis Mortgage Underwriter salaries in India (Updated 2025)

Annual salary range
0 - 9 years exp.
₹1.8 Lakh - ₹8.2 Lakhs
Salary of majority employees
unlock blur
unlock blur

At par with the average Mortgage Underwriter Salary in IT Services & Consulting Companies for 0 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Mortgage Underwriter Salary
1 - 9 years exp. (46 salaries)
unlock-blur

₹1.8 L/yr - ₹7.6 L/yr

BFSI, Investments & Trading
Mortgage Underwriter Salary
0 - 9 years exp. (25 salaries)
unlock-blur

₹2.1 L/yr - ₹7.8 L/yr

Finance & Accounting
Mortgage Underwriter Salary
0 - 7 years exp. (15 salaries)
unlock-blur

₹2.5 L/yr - ₹8 L/yr

Last Updated: 12 Feb 2025

Companies similar to Mphasis for Mortgage Underwriter

Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank Mortgage Underwriter Salary

1 - 4 years exp. (5 salaries)

unlock blur

₹3 L/yr - ₹9.1 L/yr

arrow icon 27% more
Logo
ICICI Bank Mortgage Underwriter Salary

2 - 10 years exp. (6 salaries)

unlock blur

₹3 L/yr - ₹8.7 L/yr

arrow icon 15% more
Logo
Axis Bank Mortgage Underwriter Salary

0 - 5 years exp. (5 salaries)

unlock blur

₹2.2 L/yr - ₹10.8 L/yr

arrow icon 22% more
Logo
TCS Mortgage Underwriter Salary

1 - 9 years exp. (160 salaries)

unlock blur

₹2 L/yr - ₹7 L/yr

arrow icon 25% less
unlock blur

₹2.4 L/yr - ₹5.1 L/yr

arrow icon 29% less
Logo
Wipro Mortgage Underwriter Salary

1 - 5 years exp. (45 salaries)

unlock blur

₹1.6 L/yr - ₹6 L/yr

arrow icon 22% less
Logo
Infosys Mortgage Underwriter Salary

0 - 6 years exp. (26 salaries)

unlock blur

₹2 L/yr - ₹4.2 L/yr

arrow icon 33% less
Logo
Coforge Mortgage Underwriter Salary

1 - 5 years exp. (16 salaries)

unlock blur

₹2.4 L/yr - ₹5.5 L/yr

arrow icon 31% less
Logo
HCLTech Mortgage Underwriter Salary

0 - 4 years exp. (10 salaries)

unlock blur

₹2 L/yr - ₹4.5 L/yr

arrow icon 31% less
Mortgage Underwriter salary at Mphasis ranges between ₹1.8 Lakh to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 116 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Mortgage Underwriter

1mo ago
avg blur mobile
5 years exp.
1mo ago
avg blur mobile
5 years exp.
2mo ago
avg blur mobile
5 years exp.
5mo ago
avg blur mobile
4 years exp.
6mo ago
avg blur mobile
9 years exp.
7mo ago
avg blur mobile
5 years exp.
10mo ago
avg blur mobile
9 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
4 years exp.

Experience wise Mphasis Mortgage Underwriter salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

unlock blur

₹3 L/yr - ₹4 L/yr
1 year  (6 salaries)

unlock blur

₹1.8 L/yr - ₹4.2 L/yr
2 years  (15 salaries)

unlock blur

₹2.2 L/yr - ₹6 L/yr
3 years  (18 salaries)

unlock blur

₹3.1 L/yr - ₹6.6 L/yr
4 years  (16 salaries)

unlock blur

₹3 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in Mphasis

Management Trainee Salary
(AmbitionBox Estimate)
unlock blur
₹8.8 L/yr - ₹11.3 L/yr
unlock blur
₹1.55 L/yr - ₹4.3 L/yr
Process Developer Salary
(AmbitionBox Estimate)
unlock blur
₹6.1 L/yr - ₹7.8 L/yr
Credit Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹7.3 L/yr - ₹9.3 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5.4 L/yr - ₹6.9 L/yr
Process Associate Salary
(382 salaries)
unlock blur
₹1.5 L/yr - ₹5 L/yr
unlock blur
₹3 L/yr - ₹5 L/yr
Business Analyst Salary
(379 salaries)
unlock blur
₹4.87 L/yr - ₹18.66 L/yr
Team Lead Salary
(380 salaries)
unlock blur
₹5.35 L/yr - ₹23 L/yr
unlock blur
₹3.24 L/yr - ₹14.27 L/yr

Top skills at Mphasis for Mortgage Underwriter

US Mortgage Mortgage Underwriting US Mortgage Underwriting Non Voice Post Closing Capacity Title Search Performance Appraisal Appraisal Clearing Loan Origination Loan Processing Capacity Planning Back Office

Salary related reviews for Mphasis

3.3

Rated by 16 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 10 Sep 2023

3.0
 for  Salary and Benefits

Likes

Flexible working hours, Skill development internal platforms or training tools, Self awareness sessions organised by HRBPs

read more
  • Skill development - Excellent
  • +2 more

Dislikes

1. No Salary increment from last 4 years in any department, 2. Multiple manager hierarchy, 3. Unnecessary internal PF process, 4. Benefits like Internet bill reimbursement are only on paper, 5. Rude hiring HRs (Negotiate as higher as possible while joining only, because once you join in- you'll not get anything) 6. Unskilled managers or management (not all but some), 7. Appreciations happen only on email, the rewards system (money based) stopped from Q1 2023, you'll get certificates to post on social media/LinkedIn 😁 8. Quarterly bonus will be received only if "whole team" performs better & if your client is 100% happy. Else, forget it. (It doesn't matter how smart/hard you worked

read more
  • Promotions - Bad

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 07 Jun 2023

1.0
 for  Salary and Benefits

Likes

There is no good things about company

Dislikes

I had been working with mphasis from 2.5 year since I joined I siding get any benifits apart from salary and management as worst TL’s (Geethamma SH, SriRanjini,Saravanan) are behave like managers and they won’t let employees to work peacefully. HR (Ashwini david) also worst like anything she won’t bother about employees concern. Overall not at all good experience.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 01 Sep 2022

3.0
 for  Salary and Benefits

Likes

Work life balance while working in HP account.

  • Job security - Good
  • +1 more

Dislikes

...imation from HR about it although appraisal rating process completed in time. 3. Decided not to pay the quarterly variable pay without informing the reason.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 05 Jun 2022

1.0
 for  Salary and Benefits

Likes

Culture in the company is good and they have multiple business LOB's and if you are lucky you can be moved to another business through other programs.

read more
  • Job security - Good

Dislikes

...ssue perks like other companies. No night shift allowance and no food allowance. Cab available however a certain amount will be deducted from your salary every month.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 19 May 2022

4.0
 for  Salary and Benefits

Likes

...t & culture . Team leader also very supportive. & The management is transparent. Company policies are good , the give good salary hike & appraisal every year.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary is decent but career growth is slow.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Mphasis Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at Mphasis ?
The average salary of a Mortgage Underwriter at Mphasis in India typically ranges from ₹1.8 Lakhs to ₹8.2 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Mortgage Underwriter at Mphasis earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. Mortgage Underwriter Salaries at Mphasis 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 100+ Mphasis employees in India.
What is the estimated take home salary of a Mortgage Underwriter at Mphasis in India?
The estimated take-home salary of a Mortgage Underwriter at Mphasis in India typically ranges from ₹36,473 to ₹37,691 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from Fresher to 9 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 100+ salaries received from various employees of Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Mortgage Underwriter at Mphasis ?
To be a Mortgage Underwriter at Mphasis in india, the key skills required include:

  • - US Mortgage
  • - Mortgage Underwriting
  • - US Mortgage
  • - Underwriting
  • - Non Voice

These skills are highly valued at Mphasis and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mphasis for Mortgage Underwriter in India?
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 Mphasis, depending on the role and experience level.
What is the salary of a Mortgage Underwriter in companies similar to Mphasis in India?
The salary of a Mortgage Underwriter at companies similar to Mphasis in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro ₹1.6 Lakhs to ₹6.0 Lakhs per year
TCS ₹2.0 Lakhs to ₹7.0 Lakhs per year
Sutherland Global Services ₹2.4 Lakhs to ₹5.1 Lakhs per year
Coforge ₹2.4 Lakhs to ₹5.5 Lakhs per year
HCLTech ₹2.0 Lakhs to ₹4.5 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 Mphasis in India?
The salary growth for a Mortgage Underwriter at Mphasis depends on factors such as experience, performance, and promotions. On average, a Mortgage Underwriter can expect the following growth trajectory at Mphasis:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹4.0 Lakhs per year
1 year ₹1.8 Lakhs to ₹4.2 Lakhs per year
2 years ₹2.2 Lakhs to ₹6.0 Lakhs per year
3 years ₹3.1 Lakhs to ₹6.6 Lakhs per year
and so on.

Tell us how to improve this page.

Mphasis Mortgage Underwriter salary in India ranges between ₹1.8 Lakh to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 116 Mphasis latest salaries received from various employees of Mphasis.