CreditAccess Grameen Credit Underwriter Salaries by 8 Employees

4 - 8 years exp.

₹3 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Credit Underwriter Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 5 - 8 years exp. (6 salaries)	₹3.3 L/yr - ₹5.4 L/yr
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Finance & Accounting Credit Underwriter Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Last Updated: 27 Jan 2024

Companies similar to CreditAccess Grameen for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Credit Underwriter Salary 2 - 8 years exp. (22 salaries)	₹2.1 L/yr - ₹4.6 L/yr 10% less
Bajaj Finance Credit Underwriter Salary 2 - 9 years exp. (16 salaries)	₹3 L/yr - ₹6.8 L/yr 27% more
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IIFL Finance Credit Underwriter Salary 0 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹4.6 L/yr 5% less
Piramal Capital Housing Finance Credit Underwriter Salary 0 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹6.5 L/yr 4% more
Aditya Birla Finance Credit Underwriter Salary 0 - 4 years exp. (7 salaries)	₹2.6 L/yr - ₹7.5 L/yr 28% more
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 13% less
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 17% less
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 140% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 21% more
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 6% less
Tata Motors Finance Credit Underwriter Salary 1 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹3.5 L/yr 38% less
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Poonawalla Fincorp Credit Underwriter Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹6 L/yr 8% more
TVS Credit Credit Underwriter Salary 0 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 8% less
Tata Capital Credit Underwriter Salary 4 - 5 years exp. (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr 38% more
Muthoot Finance Credit Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 9% more

Credit Underwriter salary at CreditAccess Grameen ranges between ₹3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of CreditAccess Grameen.

Experience wise CreditAccess Grameen Credit Underwriter salaries

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.6 L/yr
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6 years (3 salaries)	₹3.8 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.4 L/yr

Similar Designation salaries in CreditAccess Grameen

Credit Officer Salary

(15 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Credit Executive Salary

(4 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Credit Analyst Salary

(4 salaries)

₹2.9 L/yr - ₹3.2 L/yr

Credit Manager Salary

(12 salaries)

₹2.4 L/yr - ₹3.8 L/yr

Area Credit Manager Salary

(16 salaries)

₹4.5 L/yr - ₹13.05 L/yr

Branch Manager Salary

(154 salaries)

₹1.9 L/yr - ₹6.5 L/yr

Senior Associate Salary

(17 salaries)

₹1.05 L/yr - ₹3.4 L/yr

Sales Officer Salary

(3 salaries)

₹1.5 L/yr - ₹4 L/yr

Deputy Manager Salary

(18 salaries)

₹3.85 L/yr - ₹11.05 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹43.2 L/yr - ₹55.2 L/yr

Salary related reviews for CreditAccess Grameen

3.0

Rated by 2 employees for salary & benefits

Branch Manager in Full Time Office

Full Time

Finance & Accounting Department

3.0

• posted on 27 Dec 2024

4.0

for Salary and Benefits

Likes

Good Company but Chennai division manager Mr.Kannan very bad

Salary - Good

+4 more

Dislikes

Chennai division DM mr.Kannan ask daily customer to bill deposit their my salary & tell not allowed to new PAR..😡 I have loss Rs.175000 due to pressure from chennai divisional manager Mr.Kannan sir...😥😥 Chennai division many staff attrition ... Now i am reliving this company 😥

Promotions - Poor

Branch Manager in Nagpur

Finance & Accounting Department

4.0

• posted on 12 Apr 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Assistant Operations Excellence Manager in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

A great place to work. Amazing culture. Seniors are very helpful and Humble. Everyone is supportive. Appraisal is the best part as every year we get good bonus and hike. Work life balance is great

Job security - Excellent

+4 more

Dislikes

Salary is not satisfactory.

Recovery Executive in Bhinmal

Full Time

Finance & Accounting Department

3.0

• posted on 30 Aug 2024

5.0

for Salary and Benefits

Likes

Working at Credit Access Grameen, a leading microfinance institution in India, can offer several benefits. Employees often appreciate the organization's commitment to financial inclusion and the positive social impact it creates by providing credit to underserved communities. The company culture usually emphasizes teamwork, growth, and learning opportunities. Additionally, being part of a mission-driven organization can be personally rewarding, as you contribute to empowering individuals and fostering economic development in low-income areas.

Salary - Excellent

+6 more

Dislikes

...perceived or real limitations in career advancement or professional development. Compensation: Some employees might feel that the salary and benefits do not align with their level of responsibility or industry standards. Work-Life Balance: The demands of the job might impact personal time and work-life balance. Organizational Changes: Frequent changes in company policies or leadership might create an unstable work environment. These points can vary based on role, location, and individual experiences.

Assistant Branch Manager in Thiruvaiyaru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 31 Dec 2023

2.0

for Salary and Benefits

Likes

We defenetly got a respect for our work

Skill development - Good

+3 more

Dislikes

...24*7 working day, they won't leave for any holiday and at all. This is very bad. And one more thing salary is very low compared to other small mfi.

Salary - Poor

see more salary related reviews

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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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CreditAccess Grameen Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at CreditAccess Grameen ?

The average salary of a Credit Underwriter at CreditAccess Grameen in India typically ranges from ₹3.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Credit Underwriter at CreditAccess Grameen earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Credit Underwriter Salaries at CreditAccess Grameen 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 8 CreditAccess Grameen employees in India.

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

The estimated take-home salary of a Credit Underwriter at CreditAccess Grameen in India typically ranges from ₹27,733 to ₹29,131 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 4 years to 8 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 8 salaries received from various employees of CreditAccess Grameen. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than CreditAccess Grameen for Credit Underwriter in India?

Mahindra Finance	₹8.0 Lakhs to ₹10.0 Lakhs per year
Tata Capital	₹4.2 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Finance	₹2.6 Lakhs to ₹7.5 Lakhs per year
Bajaj Finance	₹3.0 Lakhs to ₹6.8 Lakhs per year
L&T Finance	₹3.4 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Credit Underwriter in companies similar to CreditAccess Grameen in India?

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

Muthoot Finance	₹2.8 Lakhs to ₹5.5 Lakhs per year
Poonawalla Fincorp	₹1.9 Lakhs to ₹6.0 Lakhs per year
Piramal Capital Housing Finance	₹2.5 Lakhs to ₹6.5 Lakhs per year
IIFL Finance	₹2.8 Lakhs to ₹4.6 Lakhs per year
Aavas Financiers	₹2.4 Lakhs to ₹6.0 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 CreditAccess Grameen in India?

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

Experience	Average Salary Range
4 years	₹3.0 Lakhs to ₹6.2 Lakhs per year
5 years	₹3.3 Lakhs to ₹6.6 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.3 Lakhs per year
7 years	₹1.6 Lakhs to ₹4.8 Lakhs per year

and so on.

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CreditAccess Grameen Credit Underwriter Salaries

CreditAccess Grameen Credit Underwriter salary in India ranges between ₹3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 CreditAccess Grameen latest salaries received from various employees of CreditAccess Grameen.

CreditAccess Grameen Credit Underwriter salaries in India

Companies similar to CreditAccess Grameen for Credit Underwriter

Latest annual salaries shared by CreditAccess Grameen Credit Underwriter

Experience wise CreditAccess Grameen Credit Underwriter salaries

Similar Designation salaries in CreditAccess Grameen

Salary related reviews for CreditAccess Grameen

Branch Manager in Full Time Office

Branch Manager in Nagpur

Assistant Operations Excellence Manager in Bangalore / Bengaluru

Recovery Executive in Bhinmal

Assistant Branch Manager in Thiruvaiyaru

CreditAccess Grameen Credit Underwriter Salary FAQs

Tell us how to improve this page.