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NatWest Group Mortgage Underwriter salaries in Gurgaon / Gurugram

Annual salary range
2 - 10 years exp.
₹4 Lakhs - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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9% more than the average Mortgage Underwriter Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Mortgage Underwriter Salary
5 - 10 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹6.5 L/yr

Finance & Accounting
Mortgage Underwriter Salary
2 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.3 L/yr

Last Updated: 3 Sep 2023

Companies similar to NatWest Group for Mortgage Underwriter in Gurgaon / Gurugram

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NatWest Group Mortgage Underwriter Salary

2 - 10 years exp. (6 salaries)

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₹4 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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WNS Mortgage Underwriter Salary

1 - 8 years exp. (14 salaries)

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₹3.5 L/yr - ₹9 L/yr

arrow icon 10% more
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TCS Mortgage Underwriter Salary

1 - 8 years exp. (10 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 37% less
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SitusAMC Mortgage Underwriter Salary

2 - 10 years exp. (10 salaries)

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₹3.6 L/yr - ₹8.5 L/yr

arrow icon 22% more
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EXL Service Mortgage Underwriter Salary

3 - 8 years exp. (9 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 2% more
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Better.com Mortgage Underwriter Salary

1 - 6 years exp. (5 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 55% more
Mortgage Underwriter salary at NatWest Group ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Mortgage Underwriter in Gurgaon / Gurugram

1y ago
₹5.5 Lakhs
2 years exp.

Experience wise NatWest Group Mortgage Underwriter salaries in Gurgaon / Gurugram

Last Updated: 3 Sep 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.4 L/yr
3 years  (3 salaries)

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₹4 L/yr - ₹8.9 L/yr
4 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in NatWest Group

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₹10.2 L/yr - ₹26 L/yr
Team Lead Salary
(26 salaries)
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₹5.45 L/yr - ₹21.18 L/yr
Credit Analyst Salary
(17 salaries)
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₹10 L/yr - ₹15 L/yr
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₹2.3 L/yr - ₹4 L/yr
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₹12 L/yr - ₹18 L/yr

Top skills at NatWest Group for Mortgage Underwriter

Data Analysis Customer Service Underwriting

Salary related reviews for NatWest Group

2.3

Rated by 2 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 04 Jan 2025

1.0
 for  Salary and Benefits

Likes

The Leave policy is the only thing good about this company.

Dislikes

...espite being assured of competitive pay, you will often find yourself underpaid. During appraisal discussions, the management frequently justifies minimal increments by claiming that your salary is already above the industry benchmark—a statement far removed from reality. Over time, this persistent undervaluation can erode your motivation and hinder your professional growth. You may feel trapped by the rigid 90-day notice period policy, which not only limits your mobility but also causes you to lose touch with critical interview skills. The work culture leaves much to be desired. Managers often show little regard for employee well-being, fostering an environment where working excessively long hours is the norm. The lack of genuine recognition or meaningful benefits further exacerbates the dissatisfaction. Overall, this workplace struggles to provide a supportive or rewarding environment, leaving employees feeling unappreciated, demotivated, and stagnant in their careers.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 27 Dec 2023

4.0
 for  Salary and Benefits

Likes

The environment is very friendly and it's very accommodating especially for women. There is good work life.

  • Salary - Good
  • +6 more

Dislikes

The pay and hike is a bit low compared to the market for certain units. And it only offers one way cab.

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Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 25 Oct 2023

3.0
 for  Salary and Benefits

Likes

-> Pleasant work life balance -> Lots of learning opportunities -> Provides good number of leaves.

  • Work-life balance - Good

Dislikes

-> Lack of opportunity of advancement, low bonus. -> NatWest technology India is a company with strong culture of Hierarchy, which can be seen in the way teams are structured and managed. This leads to a sense of distance between managers and employees and makes it difficult for employees to feel comfortable speaking up or sharing their ideas. -> There have been reports of racist treatment from managers of southern India towards their collogues from northern India, particularly in technology teams based in Bangalore and Chennai. This creates hostile work environment. -> While HR claims to be committed to gender equality and providing opportunities for employees to speak up, whistle blowers are reported being targeted or sidelined. This shows real gap between HR policy and practice, and that employees may not feel comfortable reporting misconduct or discrimination.

read more
  • Promotions - Poor

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 12 Apr 2023

3.0
 for  Salary and Benefits

Likes

Culture in Risk team is great. Good work life balance, management looks to ensure job security to employees and take care to organise knowledge sessions centrally.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary and benefits below or just average compared to industry standards.

read more

Full Time

 · 

FCO Department

4.0
  •  posted on 12 Aug 2022

1.0
 for  Salary and Benefits

Likes

natwest is a great company for freshers, you can get a lot to learn here, people are really nice and genuine, managers and PLs are also really helpful. One can expect a good time in this company. Lots of learning and training sessions. Good infrastructure.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

the only thing that i dislike about natwest is they pay very less. no matter how good you are they only pay the standard amount of appraisal, which is quite disheartening. Politics is there, you can't mess up with the higher management if you want to grow within the company.

read more
  • Salary - Bad
  • +1 more
see more salary related reviews

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NatWest Group Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at NatWest Group in Gurgaon / Gurugram?
The average salary of a Mortgage Underwriter at NatWest Group in Gurgaon / Gurugram typically ranges from ₹4.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Mortgage Underwriter in Gurgaon / Gurugram at NatWest Group earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Mortgage Underwriter Salaries at NatWest Group 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 6 NatWest Group employees in India.
What is the estimated take home salary of a Mortgage Underwriter at NatWest Group in Gurgaon / Gurugram?
The estimated take-home salary of a Mortgage Underwriter at NatWest Group in Gurgaon / Gurugram typically ranges from ₹41,900 to ₹43,037 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 6 salaries received from various employees of NatWest Group. 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 NatWest Group in Gurgaon / Gurugram?
To be a Mortgage Underwriter at NatWest Group in Gurgaon / Gurugram, the key skills required include:

  • - Data Analysis
  • - Customer Service
  • - Underwriting

These skills are highly valued at NatWest Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than NatWest Group for Mortgage Underwriter in India?
Better.com ₹8.0 Lakhs to ₹12.0 Lakhs per year
SitusAMC ₹3.6 Lakhs to ₹8.5 Lakhs per year
WNS ₹3.5 Lakhs to ₹9.0 Lakhs per year
EXL Service ₹2.2 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NatWest Group, depending on the role and experience level.
What is the salary of a Mortgage Underwriter in companies similar to NatWest Group in Gurgaon / Gurugram?
The salary of a Mortgage Underwriter at companies similar to NatWest Group in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS ₹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 NatWest Group in Gurgaon / Gurugram?
The salary growth for a Mortgage Underwriter at NatWest Group in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Mortgage Underwriter in Gurgaon / Gurugram can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
2 years ₹4.3 Lakhs to ₹5.4 Lakhs per year
3 years ₹4.0 Lakhs to ₹8.9 Lakhs per year
4 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
and so on.

Tell us how to improve this page.

NatWest Group Mortgage Underwriter salary in Gurgaon / Gurugram ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 NatWest Group latest salaries received from various employees of NatWest Group.