Faircent.com Credit Underwriter Salaries by 6 Employees

1 - 6 years exp.

₹3 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% less than the average Credit Underwriter Salary in Investment Banking / Venture Capital / Private Equity Companies for 1 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Credit Underwriter Salary 1 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Credit Underwriter Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Faircent.com for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (177 salaries)	₹1.5 L/yr - ₹5.1 L/yr 7% more
Namaste Credit Credit Underwriter Salary 0 - 3 years exp. (135 salaries)	₹2 L/yr - ₹4 L/yr 21% less
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HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (137 salaries)	₹2 L/yr - ₹10.7 L/yr 98% more
Bandhan Bank Credit Underwriter Salary 0 - 2 years exp. (52 salaries)	₹2 L/yr - ₹7.2 L/yr 17% more
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 49% more

Credit Underwriter salary at Faircent.com ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Faircent.com.

Experience wise Faircent.com Credit Underwriter salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.2 L/yr

View all

Similar Designation salaries in Faircent.com

Credit Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Credit Manager Salary

(3 salaries)

₹5.6 L/yr - ₹6.2 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(28 salaries)

₹4 L/yr - ₹6.55 L/yr

Chief Manager Salary

(4 salaries)

₹12.5 L/yr - ₹14 L/yr

Sales Manager Salary

(10 salaries)

₹4 L/yr - ₹8 L/yr

Relationship Manager Salary

(4 salaries)

₹3.85 L/yr - ₹4 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹5 L/yr - ₹5.52 L/yr

Top skills at Faircent.com for Credit Underwriter

Finance Analytical Underwriting Loans ROC Ratio Analysis Financial Statements Compliance NBFC Tax Returns PDF Customer Service Credit Analysis

Salary related reviews for Faircent.com

Deputy Manager in New Delhi

Full Time

Risk Management & Compliance Department

2.0

• posted on 03 Dec 2024

2.0

for Salary and Benefits

Likes

Company is good for initial level employee who is new in credit.

Dislikes

... days in a month also there are target based job in all department except sales. Recently layoff employee without any compensation.

Salary - Poor

+6 more

Data Analyst in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

5.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Working in a fintech environment like P2P lending offers a unique opportunity to learn about financial technology,risk management, digital finance and etc... It is also a great chance to see how innovation is reshaping access to credit and investment.

Salary - Excellent

+4 more

Dislikes

I didn't get anything to dislike yet.

Senior Executive in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Sep 2023

4.0

for Salary and Benefits

Likes

Faircent is more than just a workplace; it's a second home. I feel privileged to be a part of a company that not only values its employees but also constantly strives to create a positive and enriching work environment. Being a part of this journey has been both exciting and motivating. The company's success is a testament to its vision and the dedication of its employees.

Salary - Good

+6 more

Dislikes

Nothing as such.

Manager in Gurgaon / Gurugram

Full Time

Risk Department

1.0

• posted on 14 Jun 2021

1.0

for Salary and Benefits

Likes

This is a lala company .It calls you to office during coronatimes.if you get Corona then leaves are unpaid plus if you decide to quit yourself due to such inhumane company policies they will give your negative bgv to ruin your career .will not recommend this company to any one to work .nothing to be liked about .just an experience to avoid such companies.

Dislikes

Avoid this company.even if you are job it's much better.dont work here.

Salary - Bad

+6 more

Chief Manager in Lemon Tree Hotel Sector 60

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Oct 2022

2.0

for Salary and Benefits

Likes

Nothing to like about Faircent. It's not a good company to work for its a toxic work culture. It's more like a Hindu undivided family business.

Dislikes

Salary comes on 7th of the month sometimes it comes on 10th , 12th and sometimes they don't have funds to release salary.

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Faircent.com Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Faircent.com ?

The average salary of a Credit Underwriter at Faircent.com in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Underwriter at Faircent.com earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Credit Underwriter Salaries at Faircent.com 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 Faircent.com employees in India.

What is the estimated take home salary of a Credit Underwriter at Faircent.com in India?

The estimated take-home salary of a Credit Underwriter at Faircent.com in India typically ranges from ₹25,014 to ₹26,452 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 Faircent.com. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Underwriter at Faircent.com ?

To be a Credit Underwriter at Faircent.com in india, the key skills required include:

- Finance
- Analytical
- Underwriting
- Loans
- ROC

These skills are highly valued at Faircent.com and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Faircent.com for Credit Underwriter in India?

HDFC Bank	₹2.0 Lakhs to ₹10.7 Lakhs per year
Axis Bank	₹2.6 Lakhs to ₹7.0 Lakhs per year
Bandhan Bank	₹2.0 Lakhs to ₹7.2 Lakhs per year
Jana Small Finance Bank	₹1.5 Lakhs to ₹5.1 Lakhs per year

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

What is the salary of a Credit Underwriter in companies similar to Faircent.com in India?

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

Namaste Credit

₹2.0 Lakhs to ₹4.0 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 Faircent.com in India?

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

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.0 Lakhs per year
3 years	₹1.4 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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Faircent.com Credit Underwriter Salaries

Faircent.com Credit Underwriter salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Faircent.com latest salaries received from various employees of Faircent.com.