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SBI Cards & Payment Services Associate Underwriter salaries in India

Annual salary range
1 - 2 years exp.
₹2.2 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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47% less than the average Associate Underwriter Salary in Financial Services Companies for 1 - 2 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Underwriter Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Associate Underwriter Salary
1 year exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 10 Aug 2023

Companies similar to SBI Cards & Payment Services for Associate Underwriter

Company name Avg Annual Salary Open Jobs
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Mphasis Associate Underwriter Salary

0 - 5 years exp. (18 salaries)

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₹3.3 L/yr - ₹3.6 L/yr

arrow icon 30% more
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HDFC Life Associate Underwriter Salary

1 - 4 years exp. (11 salaries)

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₹1.6 L/yr - ₹2.6 L/yr

arrow icon 18% less
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Atradius Associate Underwriter Salary

2 - 8 years exp. (7 salaries)

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₹8 L/yr - ₹11 L/yr

arrow icon 256% more
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₹8 L/yr - ₹9.3 L/yr

arrow icon 225% more
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₹9 L/yr - ₹11 L/yr

arrow icon 284% more
Associate Underwriter salary at SBI Cards & Payment Services ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Cards & Payment Services.

Latest annual salaries shared by SBI Cards & Payment Services Associate Underwriter

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1 year exp.
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Experience wise SBI Cards & Payment Services Associate Underwriter salaries

Last Updated: 10 Aug 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.5 L/yr

Similar Designation salaries in SBI Cards & Payment Services

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₹2 L/yr - ₹3.2 L/yr
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₹2 L/yr - ₹3.8 L/yr
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₹17 L/yr - ₹34 L/yr
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₹1.45 L/yr - ₹4 L/yr
Accountant Salary
(5 salaries)
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₹3 L/yr - ₹4.3 L/yr
Credit Analyst Salary
(3 salaries)
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₹3.9 L/yr - ₹19.96 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Credit Manager Salary
(7 salaries)
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₹3 L/yr - ₹10 L/yr
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₹5 L/yr - ₹9.5 L/yr
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₹1.8 L/yr - ₹3.3 L/yr

Salary related reviews for SBI Cards & Payment Services

Strategic & Top Management Department

3.0
  •  posted on 02 Nov 2020

4.0
 for  Salary and Benefits

Likes

Salary structure, bonus.

Dislikes

Poor and bureaucratic Work Culture. No work life balance. Non existent processes and work ethics. No induction trainings. Work deliverables and timelines gets changed on the whims of leadership. Entire critical workload is outsourced to third parties for each business function including HR.

read more

Finance & Accounting Department

5.0
  •  posted on 20 Jul 2019

1.0
 for  Salary and Benefits

Likes

I do not feel like a job secured in this company because it is a third party pay roll pay. I have to go to the roll

read more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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Full Time

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Other Department

1.0
  •  posted on 16 Dec 2024

1.0
 for  Salary and Benefits

Likes

I DONT LIKE ANYTHING

Dislikes

Very very bad experience too pressure ATM DOESN'T have brain If ask leave will scold vulger language They do not have manners and emotions They will increase salary but not increment amount will not credit in bank if ask no one will give response . ATM is A fool ,not have minimum Excel knowledge ,not have good communication skills Hello recruited 2 Trainer both are not have skills but hit awards I dint know how they are given judgment Just simply foolish management

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Full Time

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Sales & Business Development Department

3.0
  •  posted on 17 Aug 2024

3.0
 for  Salary and Benefits

Likes

Only Work Timing & Ontime salary only good.

Dislikes

If you aren't sale a credit card daily basis. Your BRM always warn you I will terminate from job. Day 1 itself sales is started. If you new joinee you can learn about product not quick. but BRM is horrible on you while your not sale a card. Job security for this job less. You aren't sale you will terminate anytime that 1 month or 2 month or 10 days..

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Full Time

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Sales & Business Development Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

The seniors are not at all professional and also the work culture is very bad..after the duty hour also employees have to work until the target is not completed...there is no holidays even on Sundays u have to work

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Dislikes

The company is third party..no payroll employees here..the work culture, salary everything is bad here..your mental peace will be zero if u work here..I would recommend not to work here

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SBI Cards & Payment Services Associate Underwriter Salary FAQs

What is the salary of Associate Underwriter at SBI Cards & Payment Services?
Associate Underwriter salary at SBI Cards & Payment Services in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs for experience between 1 years to 2 years. According to our estimates it is 47% less than the average Associate Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Cards & Payment Services India.
How does the salary of a Associate Underwriter at SBI Cards & Payment Services India compare with the average salary range for this job?
The average salary of a Associate Underwriter at SBI Cards & Payment Services is 47% less than the average salary of a Associate Underwriter in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Cards & Payment Services to a Associate Underwriter in India?
  • Atradius India Credit Management Services Associate Underwriter Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
  • Atradius Associate Underwriter Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
  • Biz 2 Credit Info Services Associate Underwriter Salary - ₹8.0 Lakhs to ₹9.3 Lakhs per year
  • Mphasis Associate Underwriter Salary - ₹3.3 Lakhs to ₹3.6 Lakhs per year
What is the salary of a Associate Underwriter in companies similar to SBI Cards & Payment Services in India?
  • HDFC Life Associate Underwriter Salary - ₹1.6 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Associate Underwriter at SBI Cards & Payment Services in India?
The estimated take-home salary of a Associate Underwriter at SBI Cards & Payment Services ranges between ₹18,455 per month to ₹20,141 per month in India. The take-home salary calculation is based on the average SBI Cards & Payment Services Associate Underwriter salary in India which ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?
What is the notice period for Associate Underwriter at SBI Cards & Payment Services?
According to AmbitionBox, 100% of the SBI Cards & Payment Services Associate Underwriters reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Cards & Payment Services Associate Underwriter salary in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.