City Union Bank Credit Underwriter Salaries by 6 Employees (Updated 2025)

16 - 17 years exp.

₹15.6 Lakhs - ₹17.9 Lakhs

Low Confidence

Salary of majority employees

219% more than the average Credit Underwriter Salary in Banking Companies for 16 - 17 years of experience

Interested in this particular role?

Last Updated: 6 Feb 2025

Companies similar to City Union Bank for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (178 salaries)	₹1.5 L/yr - ₹5.1 L/yr 76% less
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (120 salaries)	₹3 L/yr - ₹11 L/yr 56% less
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Bandhan Bank Credit Underwriter Salary 0 - 2 years exp. (53 salaries)	₹2 L/yr - ₹9 L/yr 74% less
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 68% less
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	₹1.8 L/yr - ₹8.5 L/yr 75% less
ICICI Bank Credit Underwriter Salary 1 - 8 years exp. (26 salaries)	₹1.2 L/yr - ₹10.6 L/yr 61% less
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	₹3.7 L/yr - ₹9.8 L/yr 56% less
RBL Bank Credit Underwriter Salary 1 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹11.5 L/yr 56% less
Yes Bank Credit Underwriter Salary 0 - 6 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 80% less
Federal Bank Credit Underwriter Salary 2 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹20 L/yr 29% less
IDBI Bank Credit Underwriter Salary 5 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹25 L/yr 9% more
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IndusInd Bank Credit Underwriter Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 79% less
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 76% less
Emirates NBD Credit Underwriter Salary 7 - 14 years exp. (4 salaries)	₹8 L/yr - ₹30 L/yr 10% more

Credit Underwriter salary at City Union Bank ranges between ₹15.6 Lakhs to ₹17.9 Lakhs per year for employees with experience between 16 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of City Union Bank.

Experience wise City Union Bank Credit Underwriter salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
15+ years (6 salaries)	₹15.6 L/yr - ₹17.9 L/yr
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Similar Designation salaries in City Union Bank

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Salary related reviews for City Union Bank

Deputy Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 22 Dec 2023

1.0

for Salary and Benefits

Likes

Dislikes

No work life balance You need to pay your exgratia that you got when you leave the company You can claim the amount for your earned leaves after 10 years from confirmation If you have employee home loan in this bank, when you leave it will convert to normal housing loan and you need to pay the penalty amount from date of Disbursement to current date. Branch culture is worst ; you need to take care of each & everything in branch from ATM loading; admin activities to officer / manager role

Salary - Bad

+4 more

Chief Manager in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Jul 2023

5.0

for Salary and Benefits

Likes

The Salary package is good and on par with the industry. They give you the opportunity to work in multiple areas allowing you to develop your self as an all rounder, instead of working in a single vertical. Very good Job security and Frequent promotion opportunities.

Salary - Excellent

+3 more

Dislikes

Lack of clarity in the instruction given from top to bottom. Work life balance can be significantly improved.

Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 23 Oct 2023

1.0

for Salary and Benefits

Likes

Learning opportunities are high as compare to other banks.

Skill development - Good

+2 more

Dislikes

...s are not there so if one joins there so next 3-4 years the salary will be same. Also the HR policies are not good we one plans to take exit from the bank has to pay a lum sum amount last one year bonus, traing and recruitment cost etc etc and that is comes around 8-10 percents wt u got in last 3-4 years. So specially for middle class people this bank is not recommended. Also the bank is not that safe for girls

Salary - Bad

+2 more

Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing to be liked. Their motto is like LIC but with very different meaning: sucking your blood - employment ke saath bhi employment ke baad bhi. They demand ridiculous amount of money in the name of training cost whenever you quit (they have your original certificates) . Amount is not fixed as it depends on how much you have earned till then (the HR deptt has special calculator for this)

Job security - Good

Dislikes

...he name is deceiving by combining two famous bank names (Citti + Union bank). You are not losing any money by letting employees keep the salary they deserve, but by your attitude which makes good employees leave.

Salary - Bad

+4 more

Relationship Manager in Surat

Full Time

Sales & Operations Department

1.0

• posted on 26 Aug 2022

2.0

for Salary and Benefits

Likes

Employee will get to know all banking terms From operations to sales everything

Job security - Excellent

Dislikes

They will provide you bonus and will provide you training as well in a year But at the time you will leave they will take it back from you. Means how rude a company can be that they are getting the bonus and back from employee for which the employee had worked very hard in a financial year. There is som many reasons like this to dislike this company

Salary - Poor

+4 more

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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City Union Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at City Union Bank ?

The average salary of a Credit Underwriter at City Union Bank in India typically ranges from ₹15.6 Lakhs to ₹17.9 Lakhs per year, depending on experience (from 16 years to 17 years).

The top 10% of Credit Underwriter at City Union Bank earn more than ₹17.9 Lakhs per year, and the top 1% earn over ₹17.9 Lakhs per year. Credit Underwriter Salaries at City Union Bank 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 6 City Union Bank employees in India.

What is the estimated take home salary of a Credit Underwriter at City Union Bank in India?

The estimated take-home salary of a Credit Underwriter at City Union Bank in India typically ranges from ₹1,08,617 to ₹1,11,617 per month. This is based on the average salary range of ₹15.6 Lakhs to ₹17.9 Lakhs per year for employees with experience ranging from 16 years to 17 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 6 salaries received from various employees of City Union Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than City Union Bank for Credit Underwriter in India?

Emirates NBD	₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank	₹7.5 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Credit Underwriter in companies similar to City Union Bank in India?

The salary of a Credit Underwriter at companies similar to City Union Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Federal Bank	₹3.5 Lakhs to ₹20.0 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹11.0 Lakhs per year
RBL Bank	₹2.2 Lakhs to ₹11.5 Lakhs per year
IDFC FIRST Bank	₹3.7 Lakhs to ₹9.8 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹10.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Underwriter at City Union Bank in India?

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

Experience	Average Salary Range
15 years	₹15.6 Lakhs to ₹17.9 Lakhs per year

and so on.

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City Union Bank Credit Underwriter Salaries

City Union Bank Credit Underwriter salary in India ranges between ₹15.6 Lakhs to ₹17.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 City Union Bank latest salaries received from various employees of City Union Bank.