Cholamandalam Investment & Finance Credit Underwriter Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹3.5 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Credit Underwriter Salary in Financial Services Companies for 2 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr
BFSI, Investments & Trading Credit Underwriter Salary 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr
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Risk Management & Compliance Credit Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.1 L/yr

Last Updated: 4 Jun 2024

Companies similar to Cholamandalam Investment & Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Underwriter Salary 2 - 9 years exp. (16 salaries)	₹3 L/yr - ₹6.8 L/yr 29% more
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (122 salaries)	₹2.5 L/yr - ₹11 L/yr 93% more
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Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 145% more
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 15% less
Tata Capital Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 57% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 24% more
Edelweiss Credit Underwriter Salary 2 - 3 years exp. (4 salaries)	₹3.1 L/yr - ₹8.4 L/yr 61% more
Bajaj Finserv Credit Underwriter Salary 0 - 6 years exp. (17 salaries)	₹3.5 L/yr - ₹7 L/yr 39% more
HSBC Group Credit Underwriter Salary 2 - 8 years exp. (15 salaries)	₹3.5 L/yr - ₹10 L/yr 96% more
JPMorgan Chase & Co. Credit Underwriter Salary 0 - 4 years exp. (13 salaries)	₹11 L/yr - ₹25 L/yr 396% more
Citicorp Credit Underwriter Salary 2 - 8 years exp. (6 salaries)	₹5.5 L/yr - ₹10 L/yr 88% more
Login to view exact salary
Wells Fargo Credit Underwriter Salary 4 - 8 years exp. (4 salaries)	₹8.5 L/yr - ₹20 L/yr 273% more

Credit Underwriter salary at Cholamandalam Investment & Finance ranges between ₹3.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Underwriter salaries

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.8 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

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Credit Manager Salary

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Sales Officer Salary

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Deputy Manager Salary

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₹6.35 L/yr - ₹12 L/yr

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 1 employees for salary & benefits

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Salary - Bad

+6 more

Area Credit Manager in Barwani

Full Time

Finance & Accounting Department

4.0

• posted on 01 Sep 2024

5.0

for Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

Salary - Excellent

+5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

Work-life balance - Poor

Credit Analyst in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Good company as compare to other NBC Salary is not as level No work life balance You have to work for 24 hr Join office early at 9 am leave office after 8 pm After that they will call you at home to work from home after 8pm Very bad working culture specially if you are working in unsecured loan department that is CSEL DEPARTMENT

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

Skill development - Poor

+2 more

Officer in Mysuru / Mysore

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

2.0

for Salary and Benefits

Likes

I am always like chola

Skill development - Excellent

+2 more

Dislikes

... to give promotion to the employees who have worked for many years in our Chola. Again, he failed to increase the salary. Some managers use bad words.

Salary - Poor

+3 more

Officer in Mp3

Full Time

Other Department

2.0

• posted on 18 Feb 2024

2.0

for Salary and Benefits

Likes

... any executive to move any other company. Also not give promotion to executive. Only they increase salary by 500-1300 yearly only after they get to know, you think yo switch other company.

Dislikes

Same as above. Not recommended if you are futuristic and need growth in career.

Salary - Poor

+4 more

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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Cholamandalam Investment & Finance?

Credit Underwriter salary at Cholamandalam Investment & Finance in India ranges between ₹3.5 Lakhs to ₹4.1 Lakhs for experience between 2 years to 4 years. According to our estimates it is 23% less than the average Credit Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Credit Underwriter at Cholamandalam Investment & Finance is 23% 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 Cholamandalam Investment & Finance to a Credit Underwriter in India?

JPMorgan Chase & Co. Credit Underwriter Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
Wells Fargo Credit Underwriter Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
Mahindra Finance Credit Underwriter Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
HSBC Group Credit Underwriter Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹2.5 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Credit Underwriter in companies similar to Cholamandalam Investment & Finance in India?

Citicorp Credit Underwriter Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Edelweiss Credit Underwriter Salary - ₹3.1 Lakhs to ₹8.4 Lakhs per year
Tata Capital Credit Underwriter Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
Bajaj Finserv Credit Underwriter Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance Credit Underwriter Salary - ₹3.0 Lakhs to ₹6.8 Lakhs per year

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

The estimated take-home salary of a Credit Underwriter at Cholamandalam Investment & Finance ranges between ₹27,102 per month to ₹28,509 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Credit Underwriter salary in India which ranges between ₹3.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at Cholamandalam Investment & Finance?

According to AmbitionBox, 70% of the Cholamandalam Investment & Finance Credit Underwriters reported a notice period of 1 Month, 20% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Credit Underwriter Salaries

Cholamandalam Investment & Finance Credit Underwriter salary in India ranges between ₹3.5 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Credit Underwriter salaries in India

Companies similar to Cholamandalam Investment & Finance for Credit Underwriter

Latest annual salaries shared by Cholamandalam Investment & Finance Credit Underwriter

Experience wise Cholamandalam Investment & Finance Credit Underwriter salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Officer in Mysuru / Mysore

Officer in Mp3

Cholamandalam Investment & Finance Credit Underwriter Salary FAQs

Tell us how to improve this page.