XL Dynamics Mortgage Underwriter Salaries by 20+ Employees (Updated 2025)

2 - 7 years exp.

₹6 Lakhs - ₹18 Lakhs

Salary of majority employees

Fixed (84%)

₹9.1 Lakhs

Variable (16%)

₹1.8 Lakh

123% more than the average Mortgage Underwriter Salary in IT Services & Consulting Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting Mortgage Underwriter Salary 2 - 5 years exp. (10 salaries)	₹6 L/yr - ₹12 L/yr
BFSI, Investments & Trading Mortgage Underwriter Salary 2 - 7 years exp. (4 salaries)	₹8 L/yr - ₹16 L/yr
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Risk Management & Compliance Mortgage Underwriter Salary 3 - 4 years exp. (3 salaries)	₹12 L/yr - ₹14.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to XL Dynamics for Mortgage Underwriter

Company name	Avg Annual Salary	Open Jobs
TCS Mortgage Underwriter Salary 1 - 9 years exp. (160 salaries)	₹2 L/yr - ₹7 L/yr 67% less
Infosys Mortgage Underwriter Salary 0 - 6 years exp. (26 salaries)	₹2 L/yr - ₹4.2 L/yr 70% less
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Wipro Mortgage Underwriter Salary 1 - 5 years exp. (45 salaries)	₹1.6 L/yr - ₹6 L/yr 65% less
HCLTech Mortgage Underwriter Salary 0 - 4 years exp. (10 salaries)	₹2 L/yr - ₹4.5 L/yr 69% less
Cognizant Mortgage Underwriter Salary 1 - 7 years exp. (34 salaries)	₹2.1 L/yr - ₹6.6 L/yr 64% less
Accenture Mortgage Underwriter Salary 0 - 4 years exp. (202 salaries)	₹1.3 L/yr - ₹6 L/yr 71% less

Mortgage Underwriter salary at XL Dynamics ranges between ₹6 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 20 latest salaries received from various employees of XL Dynamics.

Experience wise XL Dynamics Mortgage Underwriter salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
2 years (6 salaries)	₹6 L/yr - ₹9.5 L/yr
3 years (4 salaries)	₹8 L/yr - ₹12 L/yr
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4 years (6 salaries)	₹7.1 L/yr - ₹14.8 L/yr
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.3 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.1 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹18 L/yr

View all

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Salary related reviews for XL Dynamics

4.0

Rated by 3 employees for salary & benefits

Mortgage Underwriter in Navi Mumbai

Full Time

Human Resources Department

1.0

• posted on 22 Oct 2022

4.0

for Salary and Benefits

Likes

Nothing to like as such.

Salary - Good

Dislikes

...place, appreciative things which will motivate you to work over here. 5. Salary structure is the most insane part over here, You will have to give your 200% to receive complete salary of single month because variable components are higher than the fixed one for which you have to continuously struggle to achieve that criteria.

Skill development - Poor

+5 more

Senior Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... increased.But company make sure that employee get just 50 percent at month end. And biggest part of salary is that amount only.Company has no intention to retain employees. Owner and management persons are enjoying sort of world tour in name of marketing. They are the only persons who enjoying in company. OPI company is giving for fixed salary only which is in actual half of the actual money paid by company monthly. All employees are frustrated and seeking jobs. The time they get better opportunity all are leaving.

Salary - Bad

+6 more

Associate Analyst in Indore

Full Time

Finance & Accounting Department

1.0

• posted on 14 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing... Absolutely Nothing... It's better to sit at home and enjoy your mental peace.

Dislikes

...if... If you don't reply on it even for a single time., you know what happens... Salary cut. Also, they say they have 5 days working.. Don't believe them.. You'll be forced to work 28-29 days a month.. They'll assure you to give comp offs against the working days.. But they'll cheat on that too as they'll refuse giving them whenever you ask for it... One of the most important things... No matter what... How much you have worked here... 2-3-4 years without taking any leaves... They won't approvw for any leaves anytime you ask for them... Thus, for any important work, you'll have to take an unplanned leave for which they'll cut your salaries in addition to the day's pay.

Salary - Bad

+6 more

Associate Analyst in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 17 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing there to like about xl dynamics than leaving the company.

Dislikes

...hardwork. If you are giving 110% then it is what you should be doing as per XLD. But if you do a small mistake then then can charge a deduction on your salary ..

Salary - Bad

+6 more

Financial Analyst in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 08 Nov 2023

2.0

for Salary and Benefits

Likes

Salary on time, wfh policy.

Dislikes

Migraine, backache, fear of losing job any moment, no learning, work pressure, weekend working, no salary hike or hike only if transfer to another process, hits / error in salary, no refreshments / annual event even after covid ends. Just one word suffering.

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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XL Dynamics Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at XL Dynamics ?

The average salary of a Mortgage Underwriter at XL Dynamics in India typically ranges from ₹6.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Mortgage Underwriter at XL Dynamics earn more than ₹15.4 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Mortgage Underwriter Salaries at XL Dynamics 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 20+ XL Dynamics employees in India.

What is the estimated take home salary of a Mortgage Underwriter at XL Dynamics in India?

The estimated take-home salary of a Mortgage Underwriter at XL Dynamics in India typically ranges from ₹78,026 to ₹80,052 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 20+ salaries received from various employees of XL Dynamics. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Mortgage Underwriter at companies similar to XL Dynamics in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant	₹2.1 Lakhs to ₹6.6 Lakhs per year
Wipro	₹1.6 Lakhs to ₹6.0 Lakhs per year
TCS	₹2.0 Lakhs to ₹7.0 Lakhs per year
HCLTech	₹2.0 Lakhs to ₹4.5 Lakhs per year
Infosys	₹2.0 Lakhs to ₹4.2 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 XL Dynamics in India?

The salary growth for a Mortgage Underwriter at XL Dynamics depends on factors such as experience, performance, and promotions. On average, a Mortgage Underwriter can expect the following growth trajectory at XL Dynamics:

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹9.5 Lakhs per year
3 years	₹8.0 Lakhs to ₹12.0 Lakhs per year
4 years	₹7.1 Lakhs to ₹14.8 Lakhs per year
5 years	₹9.0 Lakhs to ₹20.3 Lakhs per year

and so on.

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XL Dynamics Mortgage Underwriter Salaries

XL Dynamics Mortgage Underwriter salary in India ranges between ₹6 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 XL Dynamics latest salaries received from various employees of XL Dynamics.