ANZ Banking Group Credit Underwriter Salaries by 20+ Employees (Updated 2025)

2 - 9 years exp.

₹5.5 Lakhs - ₹11.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

69% more than the average Credit Underwriter Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 2 - 9 years exp. (12 salaries)	₹5.5 L/yr - ₹11.5 L/yr
Customer Success, Service & Operations Credit Underwriter Salary 4 - 7 years exp. (4 salaries)	₹6.9 L/yr - ₹11 L/yr
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Finance & Accounting Credit Underwriter Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹8.4 L/yr

Last Updated: 16 Feb 2025

Companies similar to ANZ Banking Group for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (177 salaries)	₹1.5 L/yr - ₹5.1 L/yr 56% less
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	₹3.7 L/yr - ₹9.8 L/yr 17% less
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Yes Bank Credit Underwriter Salary 0 - 5 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 62% less
Standard Chartered Credit Underwriter Salary 1 - 5 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 52% less
Federal Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹20 L/yr 34% more
National Australia Bank Credit Underwriter Salary 6 - 8 years exp. (5 salaries)	₹8 L/yr - ₹15.8 L/yr 36% more
AU Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 66% less
IDBI Bank Credit Underwriter Salary 5 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹25 L/yr 105% more
IndusInd Bank Credit Underwriter Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 60% less
Equitas Small Finance Bank Credit Underwriter Salary 2 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹3.7 L/yr 59% less
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 56% less
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Emirates NBD Credit Underwriter Salary 7 - 14 years exp. (4 salaries)	₹8 L/yr - ₹30 L/yr 107% more
Deutsche Bank Credit Underwriter Salary 5 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹22 L/yr 84% more

Credit Underwriter salary at ANZ Banking Group ranges between ₹5.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 22 latest salaries received from various employees of ANZ Banking Group.

Latest annual salaries shared by ANZ Banking Group Credit Underwriter

3d ago

₹9.5 Lakhs

4 years exp.

3mo ago

₹11 Lakhs

7 years exp.

3mo ago

₹11.5 Lakhs

3 years exp.

11mo ago

₹8.5 Lakhs

3 years exp.

1y ago

₹9 Lakhs

8 years exp.

1y ago

9 years exp.

1y ago

2 years exp.

1y ago

6 years exp.

1y ago

7 years exp.

1y ago

5 years exp.

Experience wise ANZ Banking Group Credit Underwriter salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹10 L/yr
3 years (4 salaries)	₹5.5 L/yr - ₹11.5 L/yr
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4 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹9.5 L/yr
5 years (5 salaries)	₹5.8 L/yr - ₹15.1 L/yr
6 years (3 salaries)	₹7 L/yr - ₹15.1 L/yr
7 years (4 salaries)	₹6 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.1 L/yr

View all

Similar Designation salaries in ANZ Banking Group

Credit Officer Salary

(42 salaries)

₹4.08 L/yr - ₹11.1 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Credit Analyst Salary

(61 salaries)

₹4.78 L/yr - ₹13 L/yr

Credit Manager Salary

(50 salaries)

₹6.45 L/yr - ₹25 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹16.6 L/yr - ₹21.2 L/yr

Senior Associate Salary

(41 salaries)

₹5.1 L/yr - ₹14.59 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Senior Credit Officer Salary

(20 salaries)

₹6.3 L/yr - ₹15.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹15.4 L/yr - ₹19.7 L/yr

Salary related reviews for ANZ Banking Group

3.0

Rated by 1 employees for salary & benefits

Senior Associate in Bangalore Rural

Full Time

Small Business Owners Department

3.0

• posted on 01 Dec 2022

2.0

for Salary and Benefits

Likes

ANZ culture is Awesome. Salary wise little poor. Last two years no bonus were given. Es

Skill development - Good

+3 more

Dislikes

ANZ is a good company. The team which I had worked had lot of internal and group politics. There were deserving candidates for the roles. But the operation manager, She offered those roles to her ex colleagues who worked with her. I know few staffs who really hard working left because of this manager. They don't change these managers often.

Salary - Poor

+1 more

Senior Credit Officer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

...ed in various banks. WLB is also satisfactory. Probably because I just started. Pay is really good. For now. Direct supervisor is really good. But it's rumored that, if a problem arises, they all wash their hands and you'll be blamed in entirety. Never faced such a thing so far. Hope I don't.

Salary - Excellent

+4 more

Dislikes

Lack of group dynamics. Everyone is on their own.

Officer in Bangalore / Bengaluru

Institutional Banking Department

3.0

• posted on 08 Apr 2022

1.0

for Salary and Benefits

Likes

Work Culture is good among the industry, Staff friendly policies, overtime hours paid

Job security - Good

Dislikes

Salary is far too low comparing to the industry.. zero hikes are pretty normal and zer salary revisions. Higher Management Politics exists. Not gender neutral. Many staff have zero knowledge on what they do and get paid without any effort.. poor talent recruitment, no indian holidays or foreign holidays which means no holidays at all.

Salary - Bad

+2 more

Senior Associate in Bangalore / Bengaluru

Trade Finance Department

1.0

• posted on 18 Jul 2021

1.0

for Salary and Benefits

Likes

Overall anz is good, the terms and policies, transport all good

Dislikes

...d then the management will make sure to show u the hell they torcher very badly. Promotions are very far no hike no proper recognition for the hard work to much of partiality, dominations many more.

Salary - Bad

+6 more

Senior Manager in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 25 Oct 2024

5.0

for Salary and Benefits

Likes

Overall it is good. Salary is good as per market. Bonus apart from salary . Latest Tech

Salary - Excellent

+6 more

Dislikes

Contractor and consultant are treated as permanent staff while permanent staff are treated like contractors sometimes. Many times it is contractor driven which permanent staff feels bad.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ANZ Banking Group Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at ANZ Banking Group ?

The average salary of a Credit Underwriter at ANZ Banking Group in India typically ranges from ₹5.5 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Credit Underwriter at ANZ Banking Group earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Credit Underwriter Salaries at ANZ Banking Group 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 20+ ANZ Banking Group employees in India.

What is the estimated take home salary of a Credit Underwriter at ANZ Banking Group in India?

The estimated take-home salary of a Credit Underwriter at ANZ Banking Group in India typically ranges from ₹61,729 to ₹63,295 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 2 years to 9 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 20+ salaries received from various employees of ANZ Banking Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ANZ Banking Group for Credit Underwriter in India?

Emirates NBD	₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank	₹7.5 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank	₹4.5 Lakhs to ₹22.0 Lakhs per year
National Australia Bank	₹8.0 Lakhs to ₹15.8 Lakhs per year
Federal Bank	₹3.5 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Credit Underwriter in companies similar to ANZ Banking Group in India?

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

IDFC FIRST Bank	₹3.7 Lakhs to ₹9.8 Lakhs per year
Standard Chartered	₹3.3 Lakhs to ₹5.0 Lakhs per year
Ujjivan Small Finance Bank	₹2.5 Lakhs to ₹5.2 Lakhs per year
Jana Small Finance Bank	₹1.5 Lakhs to ₹5.1 Lakhs per year
Equitas Small Finance Bank	₹3.3 Lakhs to ₹3.7 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 ANZ Banking Group in India?

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

Experience	Average Salary Range
2 years	₹8.0 Lakhs to ₹10.0 Lakhs per year
3 years	₹5.5 Lakhs to ₹11.5 Lakhs per year
4 years	₹6.9 Lakhs to ₹9.5 Lakhs per year
5 years	₹5.8 Lakhs to ₹15.1 Lakhs per year

and so on.

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ANZ Banking Group Credit Underwriter Salaries

ANZ Banking Group Credit Underwriter salary in India ranges between ₹5.5 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 ANZ Banking Group latest salaries received from various employees of ANZ Banking Group.