SBI Cards & Payment Services Senior Underwriter Salaries by 10+ Employees (Updated 2025)

3 - 9 years exp.

₹3.3 Lakhs - ₹5 Lakhs

Salary of majority employees

47% less than the average Senior Underwriter Salary in Financial Services Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Underwriter Salary 4 - 7 years exp. (7 salaries)	₹3.3 L/yr - ₹4.2 L/yr
Customer Success, Service & Operations Senior Underwriter Salary 6 - 9 years exp. (5 salaries)	₹4.1 L/yr - ₹5 L/yr
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Data Science & Analytics Senior Underwriter Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr

Last Updated: 8 Dec 2024

Companies similar to SBI Cards & Payment Services for Senior Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Underwriter Salary 11 - 17 years exp. (4 salaries)	₹12 L/yr - ₹45 L/yr 654% more
American Express Senior Underwriter Salary 6 - 9 years exp. (4 salaries)	₹12 L/yr - ₹17.6 L/yr 277% more
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Ocwen Financial Solutions Senior Underwriter Salary 4 - 10 years exp. (34 salaries)	₹4 L/yr - ₹9 L/yr 83% more
Synchrony Senior Underwriter Salary 2 - 15 years exp. (7 salaries)	₹4.6 L/yr - ₹5.5 L/yr 24% more
Wipro Senior Underwriter Salary 3 - 8 years exp. (135 salaries)	₹3 L/yr - ₹10 L/yr 71% more

Senior Underwriter salary at SBI Cards & Payment Services ranges between ₹3.3 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 19 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Senior Underwriter salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹3.6 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
6 years (5 salaries)	₹3.3 L/yr - ₹4.2 L/yr
7 years (5 salaries)	₹3.5 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr

View all

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Salary related reviews for SBI Cards & Payment Services

2.0

Rated by 2 employees for salary & benefits

Customer Care Executive in Indore

Customer Success, Service & Operations Department

4.0

• posted on 30 Jan 2022

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year. Are I

Skill development - Good

+4 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which you cannot resign. On the job traning is given to new joinees.

Back Office Executive in Vellore

Other Department

5.0

• posted on 30 Dec 2021

1.0

for Salary and Benefits

Likes

I'm happy to enjoy to this company..good work environment.manager are full supportive..I learn lot's this carrier.Thankyou.

Skill development - Good

+3 more

Dislikes

Company policies are not good..and no salary hike and no bonuses.. I'm 2years experience on SBI CARDS. Still same salary..

Salary - Bad

+1 more

Back Office Executive in Gurgaon / Gurugram

Customer Success, Service & Operations Department

5.0

• posted on 20 Mar 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Customer Service Associate in Chenaie

Sales & Business Development Department

5.0

• posted on 07 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Team Lead in Jabalpur

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

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.

Salary - Bad

+5 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Cards & Payment Services Senior Underwriter Salary FAQs

What is the salary of Senior Underwriter at SBI Cards & Payment Services?

Senior Underwriter salary at SBI Cards & Payment Services in India ranges between ₹3.3 Lakhs to ₹5.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 47% less than the average Senior Underwriter Salary in India. Salary estimates are based on 19 latest salaries received from various employees of SBI Cards & Payment Services India.

How does the salary of a Senior Underwriter at SBI Cards & Payment Services India compare with the average salary range for this job?

The average salary of a Senior Underwriter at SBI Cards & Payment Services is 47% less than the average salary of a Senior Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Cards & Payment Services to a Senior Underwriter in India?

HDFC Bank Senior Underwriter Salary - ₹12.0 Lakhs to ₹45.0 Lakhs per year
American Express Senior Underwriter Salary - ₹12.0 Lakhs to ₹17.6 Lakhs per year
Ocwen Financial Solutions Senior Underwriter Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
Wipro Senior Underwriter Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Synchrony Senior Underwriter Salary - ₹4.6 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Senior Underwriter at SBI Cards & Payment Services in India?

The estimated take-home salary of a Senior Underwriter at SBI Cards & Payment Services ranges between ₹29,884 per month to ₹31,200 per month in India. The take-home salary calculation is based on the average SBI Cards & Payment Services Senior Underwriter salary in India which ranges between ₹3.3 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Underwriter at SBI Cards & Payment Services?

According to AmbitionBox, 83% of the SBI Cards & Payment Services Senior Underwriters reported a notice period of 1 Month, 17% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

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SBI Cards & Payment Services Senior Underwriter Salaries

SBI Cards & Payment Services Senior Underwriter salary in India ranges between ₹3.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.