CARS24 Credit Underwriter Salaries by 6 Employees (Updated 2025)

2 - 5 years exp.

₹3.5 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Credit Underwriter Salary in Internet Companies for 2 - 5 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 2 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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Risk Management & Compliance Credit Underwriter Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr

Last Updated: 16 Jan 2025

Companies similar to CARS24 for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Udaan Credit Underwriter Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹18 L/yr 100% more
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (189 salaries)	₹1.5 L/yr - ₹5.1 L/yr 9% less
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Namaste Credit Credit Underwriter Salary 0 - 3 years exp. (143 salaries)	₹2 L/yr - ₹4 L/yr 31% less
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (141 salaries)	₹2.4 L/yr - ₹10.5 L/yr 72% more
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (52 salaries)	₹2.6 L/yr - ₹7 L/yr 25% more

Credit Underwriter salary at CARS24 ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of CARS24 .

Experience wise CARS24 Credit Underwriter salaries

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.9 L/yr

Similar Designation salaries in CARS24

Credit Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Credit Executive Salary

(4 salaries)

₹2.5 L/yr - ₹4.33 L/yr

Credit Analyst Salary

(5 salaries)

₹3 L/yr - ₹8 L/yr

Credit Manager Salary

(5 salaries)

₹3.7 L/yr - ₹6.5 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Branch Manager Salary

(13 salaries)

₹3 L/yr - ₹6.6 L/yr

Senior Associate Salary

(194 salaries)

₹2.55 L/yr - ₹7 L/yr

Sales Officer Salary

(27 salaries)

₹2.2 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(153 salaries)

₹5 L/yr - ₹14.5 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Top skills at CARS24 for Credit Underwriter

Credit Underwriting Underwriting Credit Processing Auto Loans Credit Credit Analysis

Salary related reviews for CARS24

2.9

Rated by 4 employees for salary & benefits

Relationship Manager in Vellore

Full Time

Sales & Business Development Department

5.0

• posted on 22 Oct 2024

5.0

for Salary and Benefits

Likes

Cars24 is a great company that provides excellent benefits to employees, including timely salary payments and opportunities for skill development. It's an outstanding organisation for freshers looking to start their careers.

Salary - Excellent

+6 more

Dislikes

No dislikes

Deputy Manager in New Delhi

Full Time

Human Resources Department

2.0

• posted on 17 Sep 2024

2.0

for Salary and Benefits

Likes

Nothing there to be liked as it is all unorganised

Dislikes

...sn't give week off to associate s and then complaint when they leave the system. You are asked to work on festivals n holidays and take double pay. Also being in HR you are asked to come to office on weekends too roster wise mentioning one HR person should be there on the floor.

Salary - Poor

+6 more

Senior Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 13 Nov 2023

2.0

for Salary and Benefits

Likes

Acha to kuch bhi nahi hai yaha

Dislikes

...li hai aur ab unhi ke sath team chalaa rahe hai. Customer experience ghatia hai. Kam salary mai graduates rakhe hai jinhe kuch nahi ata. Kuch managers hai jinka naam lena nahi chata yaha but vo bohot hi ghatia hai. Ache professional managers hire Karo or gadho ki fauz ko hatao yaha se.

Salary - Poor

+5 more

Deputy Manager in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 14 Jan 2024

5.0

for Salary and Benefits

Likes

... management team is transparent and honest, and the team members are supportive. The salary is also competitive and fair.

Salary - Excellent

+6 more

Dislikes

Everything is great.

Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 30 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing it gareeb ,jbse khula h kbi profit mai nahi aya... har 6 mahine mai funding k liye rite h..startup.. LALA company... founfer is stupid...they just close saudi arab,indonesia,india mai court case chal re, australia msi employees resin mar rahe h,thrre business head vp hr all hav resined... farzi company h

Dislikes

...hetic leave policy, they dint giv u leave... inki maa mar jati h leave ka sun k Poor salary,no increment,zero incentive.. they will nvr giv u incentive every 6 months they will fire ppl... funding pe chal rahi h ye.. toxic wrk culture.. no growth depresion mai chle jsoge they r psying 18000 salary in guargaon.... founder gwar hh... naukar samjta h emoloyee ko... har bar pip ka bahana mar kar layoff kr dete h cost cutting karne k liye... bhsi inke palle paise nahi.. mehul agarwal ko atta chskki khol leni chaiyee... fraud company

Salary - Bad

+6 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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CARS24 Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at CARS24 ?

Credit Underwriter salary at CARS24 in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs for experience between 2 years to 5 years. According to our estimates it is 18% less than the average Credit Underwriter Salary in India. Salary estimates are based on 6 latest salaries received from various employees of CARS24 India.

How does the salary of a Credit Underwriter at CARS24 India compare with the average salary range for this job?

The average salary of a Credit Underwriter at CARS24 is 18% 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 CARS24 ?

Credit Underwriting, Underwriting, Credit Processing, Auto Loans and Credit are some of the popular skills required to work as a Credit Underwriter at CARS24 India.

Which similar companies are paying more than CARS24 to a Credit Underwriter in India?

Udaan Credit Underwriter Salary - ₹3.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹2.4 Lakhs to ₹10.5 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 CARS24 in India?

Jana Small Finance Bank Credit Underwriter Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
Namaste Credit Credit Underwriter Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at CARS24 in India?

The estimated take-home salary of a Credit Underwriter at CARS24 ranges between ₹29,566 per month to ₹30,887 per month in India. The take-home salary calculation is based on the average CARS24 Credit Underwriter salary in India which ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at CARS24 ?

According to AmbitionBox, 82% of the CARS24 Credit Underwriters reported a notice period of 1 Month, 18% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

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CARS24 Credit Underwriter Salaries

CARS24 Credit Underwriter salary in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 CARS24 latest salaries received from various employees of CARS24 .