GIC Housing Finance Credit Underwriter Salaries by 4 Employees (Updated 2024)

0 - 3 years exp.

₹7.3 Lakhs - ₹12 Lakhs

Salary of majority employees

78% more than the average Credit Underwriter Salary in NBFC Companies for 0 - 3 years of experience

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Last Updated: 27 Oct 2024

Companies similar to GIC Housing Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Underwriter Salary 0 - 9 years exp. (146 salaries)	₹2 L/yr - ₹11.1 L/yr 20% less
Piramal Capital Housing Finance Credit Underwriter Salary 0 - 10 years exp. (10 salaries)	₹2.5 L/yr - ₹6.5 L/yr 57% less
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Sammaan Capital Limited Credit Underwriter Salary 1 - 7 years exp. (10 salaries)	₹3 L/yr - ₹5.5 L/yr 55% less
PNB Housing Finance Credit Underwriter Salary 0 - 1 year exp. (5 salaries)	₹4.3 L/yr - ₹7 L/yr 42% less
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 47% less
ICICI Home Finance Credit Underwriter Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹5.6 L/yr 57% less
BOBCARD Ltd. Credit Underwriter Salary 2 - 7 years exp. (12 salaries)	₹2.7 L/yr - ₹7.4 L/yr 52% less
Manba Finance Credit Underwriter Salary 1 - 8 years exp. (11 salaries)	₹1.9 L/yr - ₹5 L/yr 67% less	2 job openings
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 33% less
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 64% less
Poonawalla Fincorp Credit Underwriter Salary 0 - 6 years exp. (4 salaries)	₹1.9 L/yr - ₹6.4 L/yr 49% less
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Indostar Capital Finance Credit Underwriter Salary 1 - 6 years exp. (3 salaries)	₹3.9 L/yr - ₹5 L/yr 49% less
Kogta Financial India Limited Credit Underwriter Salary 3 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3.3 L/yr 65% less

Credit Underwriter salary at GIC Housing Finance ranges between ₹7.3 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of GIC Housing Finance.

Experience wise GIC Housing Finance Credit Underwriter salaries

Last Updated: 27 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.3 L/yr - ₹15.4 L/yr
1 year (AmbitionBox Estimate)	₹8.2 L/yr - ₹15.4 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10.8 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹12 L/yr

Similar Designation salaries in GIC Housing Finance

Credit Officer Salary

(14 salaries)

₹2.15 L/yr - ₹9.78 L/yr

Credit Executive Salary

(7 salaries)

₹7.81 L/yr - ₹11.89 L/yr

Credit Analyst Salary

(6 salaries)

₹6.7 L/yr - ₹10 L/yr

Credit Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10.25 L/yr

Area Credit Manager Salary

(4 salaries)

₹11.5 L/yr - ₹13 L/yr

Branch Manager Salary

(30 salaries)

₹8.5 L/yr - ₹16 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Salary related reviews for GIC Housing Finance

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jun 2023

2.0

for Salary and Benefits

Likes

This company is good only salary paid to us time to time.

Dislikes

This company paid salary time to time but salary not increase to all associates employees time to time also not give us bonus to all associates employee ,they have only increase salary and give bonus of permanent staff time to time.i have spent my 11yrs in this company with hard working but no body solve our salary and financial problem.

Senior Executive in Mumbai

BFSI, Investments & Trading Department

1.0

• posted on 16 Jan 2019

3.0

for Salary and Benefits

Likes

Hopeless organisation. Only pay is decent. The company doesnot take care of its employees at all.

Dislikes

The company doesnot take care of the needs of the employees. The management is extremely faulty and judgmental.

Senior Associate in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 27 Sep 2024

5.0

for Salary and Benefits

Likes

GIC housing finance ltd.comapny is govt.undertaking and this company give opportunity of office role person for growth of his/her work experience and this company give us salary time to time.

Dislikes

No any comments.

Executive in Kochi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Oct 2023

5.0

for Salary and Benefits

Likes

It provides me a great learning opportunitie as i was able to learn about various aspects of credit processing and underwriting it also provides me with financial knowledge and skills required to know each consumer in there credit worthiness

Dislikes

The company should more involve in digital marketing and also should have more public involvement as it will lead to the growth of the business

Branch Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 20 Aug 2023

1.0

for Salary and Benefits

Likes

One of the worst company I have ever seen.... There is no ethics remains with the company.no moral values are there.

Dislikes

There is no proper management in the company and top leaders are counting their days to become eligible to get their pensions... Nothing else. There is no focus and interest to take the company to different level. All are useless dumbs in the companyl

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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GIC Housing Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at GIC Housing Finance?

Credit Underwriter salary at GIC Housing Finance in India ranges between ₹7.3 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 78% more than the average Credit Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of GIC Housing Finance India.

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

The average salary of a Credit Underwriter at GIC Housing Finance is 78% more than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

What is the salary of a Credit Underwriter in companies similar to GIC Housing Finance in India?

HDFC Bank Credit Underwriter Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
Tata Capital Housing Finance Credit Underwriter Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
PNB Housing Finance Credit Underwriter Salary - ₹4.3 Lakhs to ₹7.0 Lakhs per year
L&T Finance Credit Underwriter Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Indostar Capital Finance Credit Underwriter Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at GIC Housing Finance in India?

The estimated take-home salary of a Credit Underwriter at GIC Housing Finance ranges between ₹62,754 per month to ₹64,349 per month in India. The take-home salary calculation is based on the average GIC Housing Finance Credit Underwriter salary in India which ranges between ₹7.3 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at GIC Housing Finance?

According to AmbitionBox, 50% of the GIC Housing Finance Credit Underwriters reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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GIC Housing Finance Credit Underwriter Salaries

GIC Housing Finance Credit Underwriter salary in India ranges between ₹7.3 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 GIC Housing Finance latest salaries received from various employees of GIC Housing Finance.