Home > Salary > India > Underwriter Municipal Bonds
An underwriter in municipal bonds is responsible for assessing the creditworthiness and risk associated with issuing bonds for local governments and other public entities. They evaluate the financial health, debt levels, and repayment capacity of these entities, and determine the interest rates at which the bonds can be sold to investors. Underwriters also help structure the bond issuances, including determining the maturity dates, coupon rates, and other terms. They collaborate with investment bankers, financial advisors, and legal teams to ensure compliance with regulatory requirements and market conditions. Additionally, underwriters may assist in marketing the bonds to potential investors and provide ongoing support throughout the bond issuance process. This occupation requires strong analytical skills, knowledge of financial markets, and an understanding of government finance.
Estimated Yearly Salary: 4,862,490 INR
Estimated Monthly Salary: 405,208 INR
Estimated Weekly Salary: 93,509 INR per week
Estimated Hourly Salary: 2,338 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 391,530 INR
Estimated Weekly Salary: 90,353 INR per week
Estimated Hourly Salary: 2,259 INR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 53,902 USD
Estimated Monthly Salary: 4,492 USD
Estimated Weekly Salary: 1,037 USD per week
Estimated Hourly Salary: 26 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 4,862,490 INR
Estimated Monthly Salary: 405,208 INR
Estimated Weekly Salary: 93,509 INR per week
Estimated Hourly Salary: 2,338 INR per hour
By working as Underwriter Municipal Bonds a person can save up to 3,597 USD per month or 43,160 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Underwriter Municipal Bonds
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Municipal Bonds salary in India
Average Yearly Salary of Underwriter Municipal Bonds in India is approximately 4,862,490 INR (53,902 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Underwriter Municipal Bonds do?

Skills: underwriter, municipal bonds, credit analysis, risk assessment, bond issuance, financial markets
Job industry: Finance
Job industry: Finance
How much does Underwriter Municipal Bonds make?
Salary details
How much does Underwriter Municipal Bonds make?Estimated Yearly Salary: 4,862,490 INR
Estimated Monthly Salary: 405,208 INR
Estimated Weekly Salary: 93,509 INR per week
Estimated Hourly Salary: 2,338 INR per hour
Comparing salary to last year:
Estimated Yearly Salary: 4,698,360 INREstimated Monthly Salary: 391,530 INR
Estimated Weekly Salary: 90,353 INR per week
Estimated Hourly Salary: 2,259 INR per hour
Underwriter Municipal Bonds estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 53,902 USD
Estimated Monthly Salary: 4,492 USD
Estimated Weekly Salary: 1,037 USD per week
Estimated Hourly Salary: 26 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Municipal Bonds job salary compared to average salary in India.
Comparison shows that a person working as Underwriter Municipal Bonds in India earns on average:
2.63 times the average salary (or 263% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Municipal Bonds job salary compared to average salary in India.
Comparison shows that a person working as Underwriter Municipal Bonds in India earns on average:
2.63 times the average salary (or 263% of average salary).
Is Underwriter Municipal Bonds a well paid job?
Yes, our data show that Underwriter Municipal Bonds is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Municipal Bonds?
High salary for Underwriter Municipal Bonds would be somewhere between 5,348,739 INR and 7,050,611 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Municipal Bonds in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 4,862,490 INR
Estimated Monthly Salary: 405,208 INR
Estimated Weekly Salary: 93,509 INR per week
Estimated Hourly Salary: 2,338 INR per hour
By working as Underwriter Municipal Bonds a person can save up to 3,597 USD per month or 43,160 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriter Municipal Bonds
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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