Balance Hero India Credit Underwriter Salaries by 7 Employees

1 - 5 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Salary of majority employees

30% less than the average Credit Underwriter Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Risk Management & Compliance Credit Underwriter Salary 1 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr
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Finance & Accounting Credit Underwriter Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr

Last Updated: 23 Oct 2024

Companies similar to Balance Hero India for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Samunnati Financial Intermediation and Services Credit Underwriter Salary 4 - 6 years exp. (7 salaries)	₹4 L/yr - ₹10.5 L/yr 92% more
Branch International Credit Underwriter Salary 1 - 4 years exp. (6 salaries)	₹4.5 L/yr - ₹6.7 L/yr 47% more
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KredX Credit Underwriter Salary 3 - 8 years exp. (4 salaries)	₹6.2 L/yr - ₹20 L/yr 199% more
IndiaLends Credit Underwriter Salary 3 - 6 years exp. (3 salaries)	₹4.8 L/yr - ₹5 L/yr 41% more
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (178 salaries)	₹1.5 L/yr - ₹5.1 L/yr 7% more

Credit Underwriter salary at Balance Hero India ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Balance Hero India.

Experience wise Balance Hero India Credit Underwriter salaries

Last Updated: 23 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.3 L/yr

Similar Designation salaries in Balance Hero India

Credit Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Credit Executive Salary

(3 salaries)

₹3 L/yr - ₹3.4 L/yr

Credit Analyst Salary

(5 salaries)

₹1.65 L/yr - ₹4 L/yr

Senior Associate Salary

(5 salaries)

₹3.2 L/yr - ₹6 L/yr

Deputy Manager Salary

(4 salaries)

₹7 L/yr - ₹8.71 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Salary related reviews for Balance Hero India

2.1

Rated by 2 employees for salary & benefits

Customer Service Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 30 Oct 2023

4.0

for Salary and Benefits

Likes

Work life balance

Salary - Good

+3 more

Dislikes

...S I THINK HE WAS HIRED AND COMPANY PAYING HIM TO TASTE COFFEE AND PLAY POOL .... HE IS SALARY GUY NOT VISIONARY ONE AND EVERY STARTUP NEED VISIONARY LEADER..

Job security - Bad

+1 more

Credit Processing Associate in Gurgaon / Gurugram

Full Time

Risk Management & Compliance Department

4.0

• posted on 28 Sep 2022

4.0

for Salary and Benefits

Likes

There I have joined at good salary package from previous one and the work environment is absolutely good as mostly teams working under one roof with helping nature from each other's.

Salary - Good

+2 more

Dislikes

I have joined on different company payrol and both companies have not good co Ordinations on salary distributions and hiring and evacuation policy

Job security - Poor

Senior Executive in Gurgaon / Gurugram

Full Time

Legal & Regulatory Department

1.0

• posted on 25 Nov 2024

1.0

for Salary and Benefits

Likes

TC Legal and Compliance- The culture is very bad in the organisation. There is no division of work or appreciation for the work employee does. The only thing that works here is the connections.

Dislikes

Culture is very bad

Salary - Bad

+6 more

Credit Underwriter in Gurgaon / Gurugram

Full Time

Risk Management & Compliance Department

2.0

• posted on 18 Aug 2023

1.0

for Salary and Benefits

Likes

korean culture is good here but only for payroll employees

Dislikes

1 - off role employees has no work life balance. 2- 6 days working as payroll emp work 5days 3- no promotion or increments 4- Hr policy work made for payroll emp only.

Salary - Bad

+5 more

Associate Manager in Gurgaon / Gurugram

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

The way company treated its employees just within a month of lock down and a crisis situation by laying off half its strength without any explanation was terrible

Work-life balance - Good

Dislikes

Discrimination in the treatment of Indian and Korean staff. While the layoff drive started in India along with paycuts, korean employees had to go through pay cuts only

Salary - Bad

+4 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Balance Hero India Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Balance Hero India ?

The average salary of a Credit Underwriter at Balance Hero India in India typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Credit Underwriter at Balance Hero India earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Credit Underwriter Salaries at Balance Hero India 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 7 Balance Hero India employees in India.

What is the estimated take home salary of a Credit Underwriter at Balance Hero India in India?

The estimated take-home salary of a Credit Underwriter at Balance Hero India in India typically ranges from ₹25,348 to ₹26,781 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 5 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 7 salaries received from various employees of Balance Hero India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Balance Hero India for Credit Underwriter in India?

KredX	₹6.2 Lakhs to ₹20.0 Lakhs per year
Samunnati Financial Intermediation and Services	₹4.0 Lakhs to ₹10.5 Lakhs per year
Branch International	₹4.5 Lakhs to ₹6.7 Lakhs per year
IndiaLends	₹4.8 Lakhs to ₹5.0 Lakhs per year
Jana Small Finance Bank	₹1.5 Lakhs to ₹5.1 Lakhs per year

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

How the salary growth look like for a Credit Underwriter at Balance Hero India in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹6.3 Lakhs per year
3 years	₹1.4 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Balance Hero India Credit Underwriter Salaries

Balance Hero India Credit Underwriter salary in India ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Balance Hero India latest salaries received from various employees of Balance Hero India.