Balance Hero India Credit Underwriter Salaries by 7 Employees (Updated 2024)

1 - 5 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Salary of majority employees

27% 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
PayU Payments Credit Underwriter Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6 L/yr 26% more
Samunnati Financial Intermediation and Services Credit Underwriter Salary 4 - 6 years exp. (7 salaries)	₹4 L/yr - ₹10.5 L/yr 92% 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 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹5 L/yr 41% more
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (218 salaries)	₹1.5 L/yr - ₹4.8 L/yr 2% 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 - ₹8.53 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

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..

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.

Dislikes

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

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.

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

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

Manger - Risk And Compliance, Fraud in Gurgaon / Gurugram

Data Science & Analytics Department

5.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

People and the management are very open for all kind of communication. Management is approachable for all...lot of fexibility in terms of wfh or wfo and even very flexible timings.

Dislikes

Parties are Little lesser but then we enjoy A LOT in quarterly parties and even at circle work partieas

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Balance Hero India Credit Underwriter Salary FAQs

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

Credit Underwriter salary at Balance Hero India in India ranges between ₹3.0 Lakhs to ₹4.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 27% less than the average Credit Underwriter Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Balance Hero India India.

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

The average salary of a Credit Underwriter at Balance Hero India is 27% less than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Balance Hero India to a Credit Underwriter in India?

KredX Credit Underwriter Salary - ₹6.2 Lakhs to ₹20.0 Lakhs per year
Samunnati Financial Intermediation and Services Credit Underwriter Salary - ₹4.0 Lakhs to ₹10.5 Lakhs per year
IndiaLends Credit Underwriter Salary - ₹4.8 Lakhs to ₹5.0 Lakhs per year
PayU Payments Credit Underwriter Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Jana Small Finance Bank Credit Underwriter Salary - ₹1.5 Lakhs to ₹4.8 Lakhs per year

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 ranges between ₹25,348 per month to ₹26,781 per month in India. The take-home salary calculation is based on the average Balance Hero India Credit Underwriter salary in India which ranges between ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at Balance Hero India?

According to AmbitionBox, 56% of the Balance Hero India Credit Underwriters reported a notice period of 1 Month, 44% reported a notice period of 15 days or less.This is based on 9 responses on AmbitionBox in last 2 years.

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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.