SBI Cards & Payment Services New Delhi Underwriter Salaries by 10+ Employees (Updated 2024)

1 - 8 years exp.

₹1.8 Lakh - ₹6.2 Lakhs

Salary of majority employees

31% less than the average Underwriter Salary in Financial Services Companies for 1 - 8 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 2 - 6 years exp. (9 salaries)	₹2 L/yr - ₹4.5 L/yr
Login to view exact salary
BFSI, Investments & Trading Underwriter Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.2 L/yr

Last Updated: 12 Dec 2024

Companies similar to SBI Cards & Payment Services for Underwriter in New Delhi

SBI Cards & Payment Services Underwriter Salary

1 - 8 years exp. (19 salaries)

₹1.8 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Underwriter Salary 2 - 7 years exp. (4 salaries)	₹2 L/yr - ₹3.3 L/yr 38% less
SitusAMC Underwriter Salary 2 - 12 years exp. (26 salaries)	₹3.5 L/yr - ₹10 L/yr 86% more	2 job openings
Login to view exact salary
Genpact Underwriter Salary 1 - 6 years exp. (13 salaries)	₹2.8 L/yr - ₹5.6 L/yr 2% more	6 job openings
PolicyBazaar Underwriter Salary 0 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹5 L/yr 10% more
Biz 2 Credit Info Services Underwriter Salary 2 - 5 years exp. (10 salaries)	₹3.9 L/yr - ₹5 L/yr 16% more	1 job opening

Underwriter salary at SBI Cards & Payment Services ranges between ₹1.8 Lakh to ₹6.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 19 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Underwriter salaries in New Delhi

Last Updated: 12 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.9 L/yr
2 years (4 salaries)	₹2 L/yr - ₹5.5 L/yr
Login to view exact salary
3 years (5 salaries)	₹2.8 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.2 L/yr

View all

Similar Designation salaries in SBI Cards & Payment Services

Team Lead Salary

(115 salaries)

₹2 L/yr - ₹5 L/yr

Analyst Salary

(9 salaries)

₹2 L/yr - ₹4.1 L/yr

Senior Analyst Salary

(7 salaries)

₹4.1 L/yr - ₹5.5 L/yr

Top skills at SBI Cards & Payment Services for Underwriter

Underwriting Finance Analytical skills Computer Proficiency MS Outlook MS Office Finance Medical Underwriting Monitoring Analytical Skills MS Office Process design Operations Team Management Credit Operations

Salary related reviews for SBI Cards & Payment Services

Assistant Vice President in Gurgaon / Gurugram

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.

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.

Branch Relationship Executive in Pondicherry / Puducherry

Full Time

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..

Branch Relationship Executive in Tezpur

Full Time

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

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

Branch Relationship Executive in Nandikotkur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 26 Jun 2024

4.0

for Salary and Benefits

Likes

...tunity to further enhance my skills and contribute to the growth of the company. SBI offers growth opportunities, competitive pay, and benefits

Dislikes

Target , long process for verification calls,

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about SBI Cards & Payment Services?

Ask anonymously on communities.

SBI Cards & Payment Services Underwriter Salary FAQs

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

Underwriter salary at SBI Cards & Payment Services in New Delhi ranges between ₹1.8 Lakhs to ₹6.2 Lakhs for experience between 1 years to 8 years. According to our estimates it is 31% less than the average Underwriter Salary in India. Salary estimates are based on 19 latest salaries received from various employees of SBI Cards & Payment Services New Delhi.

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

The average salary of a Underwriter at SBI Cards & Payment Services is 31% less than the average salary of a Underwriter in New Delhi. To know exact salary insights, login to view.

What are the top skills required to work as a Underwriter at SBI Cards & Payment Services?

Underwriting, Finance, Analytical skills, Computer Proficiency and MS Outlook are some of the popular skills required to work as a Underwriter at SBI Cards & Payment Services New Delhi.

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

SitusAMC Underwriter Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
Biz 2 Credit Info Services Underwriter Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year
PolicyBazaar Underwriter Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Genpact Underwriter Salary - ₹2.8 Lakhs to ₹5.6 Lakhs per year

What is the salary of a Underwriter in companies similar to SBI Cards & Payment Services in New Delhi?

HDFC Bank Underwriter Salary - ₹2.0 Lakhs to ₹3.3 Lakhs per year

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

The estimated take-home salary of a Underwriter at SBI Cards & Payment Services ranges between ₹29,079 per month to ₹30,457 per month in New Delhi. The take-home salary calculation is based on the average SBI Cards & Payment Services Underwriter salary in India which ranges between ₹1.8 Lakhs to ₹6.2 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at SBI Cards & Payment Services in New Delhi?

According to AmbitionBox, 58% of the SBI Cards & Payment Services Underwriters in New Delhi reported a notice period of 1 Month, 42% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
SBI Cards & Payment Services Salaries >
SBI Cards & Payment Services Underwriter Salaries >
SBI Cards & Payment Services Underwriter Salaries in New Delhi

SBI Cards & Payment Services Underwriter salary in New Delhi ranges between ₹1.8 Lakh to ₹6.2 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.