Yes Bank Underwriter Salaries by 4 Employees (Updated 2024)

2 - 5 years exp.

₹2.8 Lakhs - ₹5.1 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Underwriter Salary in Banking Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr
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Risk Management & Compliance Underwriter Salary 5 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.6 L/yr

Last Updated: 3 Jun 2024

Companies similar to Yes Bank for Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Underwriter Salary 1 - 9 years exp. (26 salaries)	₹1.3 L/yr - ₹7.7 L/yr At par
ICICI Bank Underwriter Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹9.6 L/yr 38% more
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Axis Bank Underwriter Salary 2 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 29% more
Kotak Mahindra Bank Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 7% less
IDFC FIRST Bank Underwriter Salary 1 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹14 L/yr 120% more

Underwriter salary at Yes Bank ranges between ₹2.8 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Yes Bank.

Experience wise Yes Bank Underwriter salaries

Last Updated: 3 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.1 L/yr

Similar Designation salaries in Yes Bank

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(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

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Team Lead Salary

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₹2 L/yr - ₹10.54 L/yr

Chief Manager Salary

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₹14 L/yr - ₹35 L/yr

Underwriting Analyst Salary

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₹2.8 L/yr - ₹3.6 L/yr

Credit Manager Salary

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Senior Associate Salary

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Deputy Manager Salary

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Salary related reviews for Yes Bank

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Feb 2023

3.0

for Salary and Benefits

Likes

Banking closing time 7pm. But branch haed & cluster head calling 10pm and come to meeting vashi, panal. Office is there dadar location but meeting for vashi panvle there is nothing meeting . only Called just to disturb, there is no meeting there, call after reaching there, then used to say go home.everyday . HR ko complaint karo to hr early relieveing ka paisa bhara k employees se nikal deta hai koi support nhi.

Dislikes

...employee cannot support, then the money for early relieving should not be taken.i have pay 75000 .

Assistant Vice President in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Work culture is very good and Job security is there, Excellent 5years journey and on

Dislikes

Yes Bank should take decision to salary correction as per market as there is lot of disparity in salary of same grades, There should be a minimum benchmark for every grade

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 02 Jan 2022

4.0

for Salary and Benefits

Likes

A dream work culture, perfect work and life balance, supportive seniors and team members, no team politics

Dislikes

The only thing i dont like is less pay due to financial crunch faced by the company which is expected to improve over a course and Hr is already working towards new initiatives

Deputy Manager in Bandra

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

Only perk about working here is the pay . Work culture is just horrible especially at the branch level. Managers call you up even at night and there's no work life balance . Happy that I left this pathetic culture in 3 months

Dislikes

No work life balance Managers use foul anguages No respect

Deputy Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

2.0

• posted on 16 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing was good at this organization.

Dislikes

...l be underpaid here and you have to be ready to do 10 people job by all alone 5. No salary hikes and promotions as the bank is in losses

see more salary related reviews

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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?

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Yes Bank Underwriter Salary FAQs

What is the salary of Underwriter at Yes Bank?

Underwriter salary at Yes Bank in India ranges between ₹2.8 Lakhs to ₹5.1 Lakhs for experience between 2 years to 5 years. According to our estimates it is 30% less than the average Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Yes Bank India.

How does the salary of a Underwriter at Yes Bank India compare with the average salary range for this job?

The average salary of a Underwriter at Yes Bank is 30% less than the average salary of a Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Yes Bank to a Underwriter in India?

IDFC FIRST Bank Underwriter Salary - ₹5.3 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Underwriter Salary - ₹2.3 Lakhs to ₹9.6 Lakhs per year
Axis Bank Underwriter Salary - ₹3.8 Lakhs to ₹6.3 Lakhs per year

What is the salary of a Underwriter in companies similar to Yes Bank in India?

HDFC Bank Underwriter Salary - ₹1.3 Lakhs to ₹7.7 Lakhs per year
Kotak Mahindra Bank Underwriter Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year

What is the estimated take home salary of a Underwriter at Yes Bank in India?

The estimated take-home salary of a Underwriter at Yes Bank ranges between ₹27,176 per month to ₹28,582 per month in India. The take-home salary calculation is based on the average Yes Bank Underwriter salary in India which ranges between ₹2.8 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Yes Bank?

According to AmbitionBox, 100% of the Yes Bank Underwriters reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Yes Bank Underwriter Salaries

Yes Bank Underwriter salary in India ranges between ₹2.8 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Yes Bank latest salaries received from various employees of Yes Bank.