Bajaj Finance Credit Underwriter Salaries by 10+ Employees (Updated 2025)

2 - 9 years exp.

₹3 Lakhs - ₹6.8 Lakhs

Salary of majority employees

Fixed (77%)

₹3.7 Lakhs

Variable (23%)

₹1.1 Lakh

At par with the average Credit Underwriter Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 2 - 5 years exp. (5 salaries)	₹3.2 L/yr - ₹6.7 L/yr
Finance & Accounting Credit Underwriter Salary 3 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Credit Underwriter Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.2 L/yr
Risk Management & Compliance Credit Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.8 L/yr

Last Updated: 8 Mar 2025

Companies similar to Bajaj Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (122 salaries)	₹2.5 L/yr - ₹11 L/yr 49% more
ICICI Bank Credit Underwriter Salary 1 - 8 years exp. (26 salaries)	₹1.6 L/yr - ₹10.6 L/yr 30% more
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Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 7% more
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	₹1.8 L/yr - ₹8.5 L/yr 18% less
Tata Capital Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 21% more
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 89% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 4% less
HDB Financial Services Credit Underwriter Salary 2 - 8 years exp. (22 salaries)	₹2.1 L/yr - ₹4.6 L/yr 29% less
IIFL Finance Credit Underwriter Salary 0 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹4.6 L/yr 29% less
CreditAccess Grameen Credit Underwriter Salary 4 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.4 L/yr 21% less
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 32% less
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Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 35% less
TVS Credit Credit Underwriter Salary 0 - 8 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 27% less
Muthoot Finance Credit Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 14% less

Credit Underwriter salary at Bajaj Finance ranges between ₹3 Lakhs to ₹6.8 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Credit Underwriter salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.8 L/yr
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4 years (3 salaries)	₹3.2 L/yr - ₹5 L/yr
5 years (3 salaries)	₹1.9 L/yr - ₹6.7 L/yr
6 years (3 salaries)	₹1.9 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Bajaj Finance

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Deputy Manager Salary

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Chief Manager Salary

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Top skills at Bajaj Finance for Credit Underwriter

Credit Underwriting Risk Analysis Commercial Vehicle Credit Analysis

Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

Credit Manager in Patiala

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Jul 2023

5.0

for Salary and Benefits

Likes

Salary growth and career growth is a positive thing in a Bajaj finance Ltd . Also company is supportive and helpful. If you have any problem self or family then company stands with you . If you give time in this organisation then you will feel satisfied

Salary - Excellent

+4 more

Dislikes

Working life balance not well but if you are a alike army men then you have a good platform to groom your career

Sales Officer in Madurai

Full Time

Other Department

1.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

Skill development - Bad

+4 more

Sales Officer in Durgapur

Full Time

Sales & Business Development Department

4.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

ITS NICE TO WORK HERE , DAILY MEETING WITH PEOPLES AND HAVING CONVERSATION WITH THEM. YOU CAN GROW UP YOUR MARKETING SKILLS HERE . AND DAILY INTERACTIONS WITH PEOPLE MAKE YOUR SPEAKING POWER GROW.

Skill development - Excellent

+3 more

Dislikes

JUST ONE DISPUIT IS THAT AS PER WORKING HOUR AND AS PER WORKING PREASURE SALARY AMOUNT IS NOT SATISFIED

Salary - Poor

Sales Manager in Amritsar

Full Time

Sales & Business Development Department

3.0

• posted on 10 Oct 2021

5.0

for Salary and Benefits

Likes

Salary on time. Salary and incentives are very good. Company gives incentives open heartedly to get work done.

Salary - Excellent

+1 more

Dislikes

Work culture is zero. They treat you like a machine. Intense work pressure. Received call even at 11 p.m for numbers. Once i had to work with 102 fever . Very abusive. Every one from top to low level use abusive level in offical meetings and conf. Calls. Zero personal life. Has to work on sundays most of the times. No leaves

Work satisfaction - Bad

+2 more

Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 05 Aug 2021

5.0

for Salary and Benefits

Likes

One joins bajaj for good pay and incentives ofcourse.....If you want to earn money you join Bajaj finance limited..... that's it ......

Salary - Excellent

Dislikes

Policies and rules are different.....People are treated as per their Band not as per policy......One with the power or sitting at higher level can do anything they like or can manipulates policies......They don't treat you equally like I mentioned People are treated as per their Band not as per policy

Skill development - Poor

+2 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bajaj Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Bajaj Finance?

Credit Underwriter salary at Bajaj Finance in India ranges between ₹3.0 Lakhs to ₹6.8 Lakhs for experience between 2 years to 9 years. According to our estimates it is 4% less than the average Credit Underwriter Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Finance India.

How does the salary of a Credit Underwriter at Bajaj Finance India compare with the average salary range for this job?

The average salary of a Credit Underwriter at Bajaj Finance is 4% less than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Underwriter at Bajaj Finance?

Credit Underwriting, Risk Analysis, Commercial Vehicle and Credit Analysis are some of the popular skills required to work as a Credit Underwriter at Bajaj Finance India.

Which similar companies are paying more than Bajaj Finance to a Credit Underwriter in India?

Mahindra Finance Credit Underwriter Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹2.5 Lakhs to ₹11.0 Lakhs per year
ICICI Bank Credit Underwriter Salary - ₹1.6 Lakhs to ₹10.6 Lakhs per year
Tata Capital Credit Underwriter Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Credit Underwriter in companies similar to Bajaj Finance in India?

L&T Finance Credit Underwriter Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Muthoot Finance Credit Underwriter Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
Kotak Mahindra Bank Credit Underwriter Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year
CreditAccess Grameen Credit Underwriter Salary - ₹3.0 Lakhs to ₹5.4 Lakhs per year
TVS Credit Credit Underwriter Salary - ₹1.2 Lakhs to ₹4.8 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at Bajaj Finance in India?

The estimated take-home salary of a Credit Underwriter at Bajaj Finance ranges between ₹35,919 per month to ₹37,145 per month in India. The take-home salary calculation is based on the average Bajaj Finance Credit Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹6.8 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at Bajaj Finance?

According to AmbitionBox, 60% of the Bajaj Finance Credit Underwriters reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Bajaj Finance Credit Underwriter Salaries

Bajaj Finance Credit Underwriter salary in India ranges between ₹3 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Bajaj Finance latest salaries received from various employees of Bajaj Finance.