Credit Underwriter

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Credit Underwriter Salary in India (Updated 2025)

based on 1.5k latest salaries • updated: 10 Mar 2025
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Annual salary range

₹2 Lakhs - ₹10.8 Lakhs

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Very High Confidence means the data is based on a large number of latest salaries.
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Experience wise Credit Underwriter salaries

Years of experience Avg. Annual Salary
1 year
(269 salaries)
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₹1.6 L/yr - ₹7.5 L/yr

2 years
(288 salaries)
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₹2 L/yr - ₹8.7 L/yr

3 years
(263 salaries)
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₹2 L/yr - ₹9 L/yr

4 years
(226 salaries)
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₹2.4 L/yr - ₹12 L/yr

5 years
(208 salaries)
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₹2.6 L/yr - ₹13.2 L/yr

View all salaries by experience
Credit Underwriter Salary in India ranges between ₹2 Lakhs to ₹10.8 Lakhs for 1 year of experience to 7 years of experience . Salary estimates are based on 1.5k latest salaries received from Credit Underwriter.
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Credit Underwriter salaries in different departments

Department Avg Annual Salary
Finance & Accounting
Credit Underwriter Salary
1 - 7 years exp. (517 salaries)
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₹2 L/yr - ₹10.8 L/yr

BFSI, Investments & Trading
Credit Underwriter Salary
1 - 7 years exp. (469 salaries)
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₹2 L/yr - ₹10.6 L/yr

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Latest annual salaries shared by Credit Underwriters

2d ago

Bandhan Bank

Credit Underwriter

1 year exp.

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2d ago

XL Dynamics

Credit Underwriter

5 years exp.

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2d ago

Midland Microfin Limited

Credit Underwriter

2 years exp.

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3d ago

Aye Finance

Credit Underwriter

6 years exp.

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5d ago

RBL Bank

Credit Underwriter

3 years exp.

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6d ago

Bajaj Finserv

Credit Underwriter

6 years exp.

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1w ago

InCred Finance

Credit Underwriter

3 years exp.

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1w ago

KhataBook

Credit Underwriter

3 years exp.

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1w ago

Vistaar Finance

Credit Underwriter

1 year exp.

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1w ago

Finequs

Credit Underwriter

4 years exp.

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View all latest salaries

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Top Paying Companies for Credit Underwriter

Company name Avg Annual Salary Open Jobs
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Credit Underwriter Jobs in India

Credit Underwriter

· 12-18 years

Live connection

·
4.2

Credit Underwriter

· 1-3 years

Udaan

·
4.0

Credit Underwriter

· 3-8 years

BIZ2X Platform Private Limited

·
3.9

Noida

View all Credit Underwriter jobs

Similar Designation Salaries for Credit Underwriter

Designations Avg Annual Salary
Credit Officer Salary
1 - 7 years exp.
(7.9k salaries)
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₹1.7 L/yr - ₹7 L/yr

Credit Executive Salary
1 - 6 years exp.
(2.9k salaries)
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₹1.4 L/yr - ₹4 L/yr

Credit Manager Salary
1 - 10 years exp.
(19.8k salaries)
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₹3 L/yr - ₹13 L/yr

Credit Analyst Salary
1 - 8 years exp.
(7.4k salaries)
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₹2.2 L/yr - ₹16 L/yr

Senior Executive Salary
2 - 11 years exp.
(2.5L salaries)
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₹2.4 L/yr - ₹9.5 L/yr

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Credit Underwriter Salary By Locations

Locations Avg Annual Salary
Bangalore / Bengaluru
Credit Underwriter
1 - 7 years exp.
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₹2.3 L/yr - ₹13 L/yr

Mumbai
Credit Underwriter
1 - 7 years exp.
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₹1.9 L/yr - ₹11.3 L/yr

New Delhi
Credit Underwriter
1 - 7 years exp.
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₹1.6 L/yr - ₹8.5 L/yr

Chennai
Credit Underwriter
1 - 7 years exp.
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₹2 L/yr - ₹7 L/yr

Gurgaon / Gurugram
Credit Underwriter
1 - 7 years exp.
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₹2.4 L/yr - ₹8 L/yr

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Credit Underwriter Salary By Industries

Industries Avg Annual Salary

Financial Services

Credit Underwriter
1 - 7 years exp.
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₹2.1 L/yr - ₹13 L/yr

Banking

Credit Underwriter
1 - 7 years exp.
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₹2.2 L/yr - ₹9.4 L/yr

FinTech

Credit Underwriter
1 - 7 years exp.
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₹2.2 L/yr - ₹12 L/yr

NBFC

Credit Underwriter
1 - 7 years exp.
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₹2.5 L/yr - ₹8.6 L/yr

Media & Entertainment / Publishing

Credit Underwriter
1 - 7 years exp.
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₹2.3 L/yr - ₹10 L/yr

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Frequently Asked Questions about Credit Underwriter Salaries

What is the salary of a Credit Underwriter in India?
Salary for a Credit Underwriter in India ranges between ₹2.0 Lakhs to ₹10.8 Lakhs per year. Salary estimates are based on 1.5k latest salaries received from various Credit Underwriters across industries.
What are the top paying companies that employ Credit Underwriters?
What is the starting salary for a Credit Underwriter in India?
Average starting Salary for Credit Underwriter in India is around ₹2.0 Lakhs per year (₹16.7k per month). 1 year of minimum experience is required to be a Credit Underwriter.
What is the highest salary for a Credit Underwriter in India?
Highest salary that a Credit Underwriter can earn is ₹20.1 Lakhs per year (₹1.7L per month).
What are the top paying industries for Credit Underwriter in India?
What are the top paying cities for Credit Underwriter in India?
What are the popular/top skills required to become a Credit Underwriter?
These are the top skills of a Credit Underwriter based on 18 jobs posted by employers.
  • Finance
  • Risk Management
  • Personal Loans
  • Medical Underwriting
  • Credit Analysis

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