₹13,52,788
Lowest
₹11,24,904
Highest
₹14,68,155
How much does a Underwriter make in Mumbai?
If we look at the Underwriter salary statistics in India as of 21 January 2026, the represented employee makes ₹13,52,788; to be more precise pay rate is ₹1,12,732 per month, ₹26,015 per week, or ₹628.91 per hour. We have researched the job market for this profession in detail and derived average values. Salary rates can vary depending on where you are employed. In deriving an average wage, the lowest annual salary is ₹11,24,904, and the highest rate is ₹14,68,155.
Top 3 salaries for related jobs in Mumbai
Top 10 paying locations for Underwriter in India
Average salary for Underwriter per region
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Underwriter salaries in Mumbai FAQs
What is the highest salary for a Underwriter in Mumbai?
The highest pay for a Underwriter in Mumbai depends on a lot of factors. According to our research, this type of specialists in Mumbai can make up to ₹14,68,155 per year.
What is the lowest salary for a Underwriter in Mumbai?
According to our research, the minimum salary for this position in Mumbai is ₹11,24,904. Salaries vary based on years of experience and education level.
How much money can I make as a Underwriter per month in Mumbai?
The average monthly income for this position in Mumbai varies based on experience, qualifications, and other factors. Anyway, you can expect to earn around ₹1,12,732 per month.
How much money can I make as a Underwriter per hour in Mumbai?
On average, these specialists in Mumbai earn around ₹628.91 per hour. However, this number varies depending on the specific experience and skillset of the Underwriter.
What are the best locations for Underwriter jobs?
The list of the best states with the highest salaries includes Mumbai. If you want to find a high-paying job, the top 3 states with the highest wages for the profession are Bangalore; Hosur; Chennai.
Where are these data were taken?
To compile up-to-date statistical information, we researched 84 actual salaries and real wages nationwide. In addition, there are 20 existing jobs on Jooble. Salary estimates were compiled up-to-date and as detailed as possible data on salary levels derived from the current job postings.
* Please note that all salary figures are approximate based upon third party submissions to Jooble including external links, websites, and services. The minimum wage may differ by industry.