Aavas Financiers Credit Underwriter Salaries by 4 Employees (Updated 2025)

0 - 2 years exp.

₹2.4 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 0 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Credit Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.8 L/yr

Last Updated: 19 Mar 2025

Companies similar to Aavas Financiers for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Credit Underwriter Salary 0 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹4.6 L/yr 2% more
CreditAccess Grameen Credit Underwriter Salary 4 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.4 L/yr 7% more
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Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 9% more
PNB Housing Finance Credit Underwriter Salary 0 - 2 years exp. (7 salaries)	₹4.3 L/yr - ₹7 L/yr 41% more
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 12% less
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 156% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 29% more
Kogta Financial India Limited Credit Underwriter Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 8% less
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 62% more
Poonawalla Fincorp Credit Underwriter Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹6 L/yr 15% more
Indostar Capital Finance Credit Underwriter Salary 1 - 7 years exp. (3 salaries)	₹3.9 L/yr - ₹5 L/yr 23% more
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TVS Credit Credit Underwriter Salary 0 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 2% less
Muthoot Finance Credit Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 16% more

Credit Underwriter salary at Aavas Financiers ranges between ₹2.4 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Credit Underwriter salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr

Similar Designation salaries in Aavas Financiers

Credit Officer Salary

(52 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Credit Executive Salary

(15 salaries)

₹1.05 L/yr - ₹2.5 L/yr

Credit Analyst Salary

(6 salaries)

₹1.35 L/yr - ₹5.2 L/yr

Credit Manager Salary

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₹2.95 L/yr - ₹8.52 L/yr

Area Credit Manager Salary

(85 salaries)

₹5 L/yr - ₹14 L/yr

Branch Manager Salary

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₹3.6 L/yr - ₹8.22 L/yr

Sales Officer Salary

(77 salaries)

₹1.1 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(32 salaries)

₹3.5 L/yr - ₹8 L/yr

Chief Manager Salary

(5 salaries)

₹11 L/yr - ₹12.5 L/yr

Senior Credit Officer Salary

(53 salaries)

₹2 L/yr - ₹4.3 L/yr

Top skills at Aavas Financiers for Credit Underwriter

Ca Credit Management Credit Risk Disbursement Credit Credit Underwriting Lap Credit Monitoring Sanction CAM CPA housing loan housing finance Underwriting Risk Analysis

Salary related reviews for Aavas Financiers

4.0

Rated by 1 employees for salary & benefits

Credit Officer in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 24 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and incentive are too good

Job security - Excellent

Dislikes

Company is only worst, they don’t have any time management once you join the company you will be treated has worst , Before Joining the company they tell that we are time management and good working culture but it’s not they will keep on extend the system till 10 or 12 midnight who will work for so long day this will keep on running for two to three week same timing, once u enter into this hell you will feel depressed. Main thing is they are following this employment Contract Bond for one year and 2 years due this bond many employees are staying quite or else all employees will be walk out……. So over all the timing and bond system it’s are two things are impacting the employees part from this the company has good shares and good book size in the market the technology are updating they are making the loan availability smoothly.

Skill development - Bad

+4 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Work-life balance - Bad

Credit Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

Experience that i have learned here. There is lot learn for a fresher.

Skill development - Good

Dislikes

work culture HR policy for employees welfare and retention Lack of Holidays Low salary Discrimination between professionals wiz CA and CMA. Lot more closings. it should be 1 closing. working on holidays.

Salary - Poor

+3 more

Credit Manager in Jaipur

Full Time

Risk Management & Compliance Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Good company Good salary package

Dislikes

Average working culture and most of the work given to credit Manager instead of sales team. Every day month end at there and personal life can't be enjoying and also unable to spend time with family. To be resources/Hire educated person

Credit Manager in Jaipur

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Jun 2022

1.0

for Salary and Benefits

Likes

There is good amount of liberty and pretty good scope for learning.

Dislikes

...yees. only 3 sundays are available for holiday in a month. this must be changed. salary is very low and increment also at very low level. there must be fixed and strict policy regarding initial package of salary.

Salary - Bad

+4 more

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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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Aavas Financiers Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Aavas Financiers ?

The average salary of a Credit Underwriter at Aavas Financiers in India typically ranges from ₹2.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Credit Underwriter at Aavas Financiers earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Credit Underwriter Salaries at Aavas Financiers 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 4 Aavas Financiers employees in India.

What is the estimated take home salary of a Credit Underwriter at Aavas Financiers in India?

The estimated take-home salary of a Credit Underwriter at Aavas Financiers in India typically ranges from ₹25,873 to ₹27,299 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 salaries received from various employees of Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Underwriter at Aavas Financiers ?

To be a Credit Underwriter at Aavas Financiers in india, the key skills required include:

- Ca
- Credit Management
- Credit Risk
- Disbursement
- Credit

These skills are highly valued at Aavas Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aavas Financiers for Credit Underwriter in India?

Mahindra Finance	₹8.0 Lakhs to ₹10.0 Lakhs per year
Tata Capital Housing Finance	₹3.6 Lakhs to ₹7.5 Lakhs per year
PNB Housing Finance	₹4.3 Lakhs to ₹7.0 Lakhs per year
L&T Finance	₹3.4 Lakhs to ₹8.0 Lakhs per year
Indostar Capital Finance	₹3.9 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aavas Financiers , depending on the role and experience level.

What is the salary of a Credit Underwriter in companies similar to Aavas Financiers in India?

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

Muthoot Finance	₹2.8 Lakhs to ₹5.5 Lakhs per year
Poonawalla Fincorp	₹1.9 Lakhs to ₹6.0 Lakhs per year
Sammaan Capital Limited	₹3.0 Lakhs to ₹4.5 Lakhs per year
CreditAccess Grameen	₹3.0 Lakhs to ₹5.4 Lakhs per year
IIFL Finance	₹2.8 Lakhs to ₹4.6 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 Credit Underwriter at Aavas Financiers in India?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹6.0 Lakhs per year
1 year	₹1.4 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.5 Lakhs to ₹6.0 Lakhs per year

and so on.

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Aavas Financiers Credit Underwriter Salaries

Aavas Financiers Credit Underwriter salary in India ranges between ₹2.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aavas Financiers latest salaries received from various employees of Aavas Financiers .