Mphasis Mortgage Underwriter Salaries by 100+ Employees (Updated 2025)

0 - 9 years exp.

₹1.8 Lakh - ₹8.2 Lakhs

Salary of majority employees

8% less than the average Mortgage Underwriter Salary in IT Services & Consulting Companies for 0 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Mortgage Underwriter Salary 1 - 9 years exp. (47 salaries)	₹1.8 L/yr - ₹7.6 L/yr
BFSI, Investments & Trading Mortgage Underwriter Salary 0 - 9 years exp. (25 salaries)	₹2.1 L/yr - ₹7.8 L/yr
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Finance & Accounting Mortgage Underwriter Salary 0 - 7 years exp. (15 salaries)	₹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
HDFC Bank Mortgage Underwriter Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹9.1 L/yr 39% more
ICICI Bank Mortgage Underwriter Salary 2 - 10 years exp. (6 salaries)	₹3 L/yr - ₹8.7 L/yr 25% more
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Axis Bank Mortgage Underwriter Salary 0 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹9 L/yr 27% more
TCS Mortgage Underwriter Salary 1 - 10 years exp. (162 salaries)	₹2 L/yr - ₹7 L/yr 15% less
Sutherland Global Services Mortgage Underwriter Salary 1 - 7 years exp. (57 salaries)	₹2.4 L/yr - ₹5.1 L/yr 23% less
Wipro Mortgage Underwriter Salary 1 - 5 years exp. (45 salaries)	₹1.6 L/yr - ₹6 L/yr 15% less
Infosys Mortgage Underwriter Salary 0 - 6 years exp. (26 salaries)	₹2 L/yr - ₹4.2 L/yr 27% less
Coforge Mortgage Underwriter Salary 1 - 5 years exp. (16 salaries)	₹2.4 L/yr - ₹5.5 L/yr 25% less
HCLTech Mortgage Underwriter Salary 0 - 4 years exp. (10 salaries)	₹2 L/yr - ₹4.5 L/yr 25% 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 117 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Mortgage Underwriter salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹3 L/yr - ₹4 L/yr
1 year (6 salaries)	₹1.8 L/yr - ₹4.2 L/yr
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2 years (15 salaries)	₹2.2 L/yr - ₹6 L/yr
3 years (18 salaries)	₹3.1 L/yr - ₹6.6 L/yr
4 years (16 salaries)	₹3 L/yr - ₹6.6 L/yr
5 years (22 salaries)	₹3.3 L/yr - ₹7.5 L/yr
6 years (10 salaries)	₹4.5 L/yr - ₹8 L/yr
7 years (11 salaries)	₹4.3 L/yr - ₹8.2 L/yr
8 years (6 salaries)	₹5 L/yr - ₹7.6 L/yr
9 years (8 salaries)	₹4.5 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in Mphasis

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Finance Executive Salary

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Process Developer Salary

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Credit Analyst Salary

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Credit Manager Salary

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₹5.4 L/yr - ₹6.9 L/yr

Process Associate Salary

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Associate Analyst Salary

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₹3 L/yr - ₹5 L/yr

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Team Lead Salary

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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

Senior Analyst in Pune

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

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

Promotions - Bad

Financial Analyst in Bangalore / Bengaluru

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.

Salary - Bad

+6 more

Business Analyst in Pune

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.

Skill development - Bad

+2 more

Process Associate in Bangalore / Bengaluru

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.

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.

Salary - Bad

+4 more

Process Associate in Pune

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.

Salary - Good

+6 more

Dislikes

Salary is decent but career growth is slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Mphasis Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at Mphasis?

Mortgage Underwriter salary at Mphasis in India ranges between ₹1.8 Lakhs to ₹8.2 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 8% less than the average Mortgage Underwriter Salary in India. Salary estimates are based on 117 latest salaries received from various employees of Mphasis India.

How does the salary of a Mortgage Underwriter at Mphasis India compare with the average salary range for this job?

The average salary of a Mortgage Underwriter at Mphasis is 8% less than the average salary of a Mortgage Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Mortgage Underwriter at Mphasis?

US Mortgage, Mortgage Underwriting, US Mortgage, Underwriting and Non Voice are some of the popular skills required to work as a Mortgage Underwriter at Mphasis India.

Which similar companies are paying more than Mphasis to a Mortgage Underwriter in India?

HDFC Bank Mortgage Underwriter Salary - ₹3.0 Lakhs to ₹9.1 Lakhs per year
Axis Bank Mortgage Underwriter Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
ICICI Bank Mortgage Underwriter Salary - ₹3.0 Lakhs to ₹8.7 Lakhs per year

What is the salary of a Mortgage Underwriter in companies similar to Mphasis in India?

Wipro Mortgage Underwriter Salary - ₹1.6 Lakhs to ₹6.0 Lakhs per year
TCS Mortgage Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Sutherland Global Services Mortgage Underwriter Salary - ₹2.4 Lakhs to ₹5.1 Lakhs per year
Coforge Mortgage Underwriter Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
HCLTech Mortgage Underwriter Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

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 ranges between ₹33,239 per month to ₹34,505 per month in India. The take-home salary calculation is based on the average Mphasis Mortgage Underwriter salary in India which ranges between ₹1.8 Lakhs to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Mortgage Underwriter at Mphasis?

According to AmbitionBox, 67% of the Mphasis Mortgage Underwriters reported a notice period of 2 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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Mphasis Mortgage Underwriter Salaries by Location

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Mphasis Mortgage Underwriter Salaries

Mphasis Mortgage Underwriter salary in India ranges between ₹1.8 Lakh to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 117 Mphasis latest salaries received from various employees of Mphasis.