HDB Financial Services Credit Underwriter Salaries by 20+ Employees (Updated 2025)

2 - 8 years exp.

₹2.5 Lakhs - ₹4.6 Lakhs

Salary of majority employees

29% less than the average Credit Underwriter Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 2 - 8 years exp. (8 salaries)	₹2.7 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Credit Underwriter Salary 4 - 8 years exp. (7 salaries)	₹3 L/yr - ₹4.2 L/yr

Last Updated: 1 Feb 2025

Companies similar to HDB Financial Services 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 40% more
Tata Capital Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 70% more
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Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	₹1.8 L/yr - ₹8.5 L/yr 15% more
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (143 salaries)	₹1.9 L/yr - ₹11 L/yr 99% more
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 48% more
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 13% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 34% more
Edelweiss Credit Underwriter Salary 2 - 3 years exp. (4 salaries)	₹3.1 L/yr - ₹8.4 L/yr 74% more
Shubham Housing Development Finance Credit Underwriter Salary 1 - 6 years exp. (14 salaries)	₹2 L/yr - ₹5.5 L/yr 11% less
IIFL Finance Credit Underwriter Salary 0 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹4.6 L/yr At par
Aditya Birla Finance Credit Underwriter Salary 0 - 3 years exp. (7 salaries)	₹2.6 L/yr - ₹7.5 L/yr 41% more
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Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 4% less
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 8% less
Hero FinCorp Credit Underwriter Salary 8 - 11 years exp. (5 salaries)	₹6.3 L/yr - ₹20.2 L/yr 292% more
Bajaj Housing Finance Credit Underwriter Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹7 L/yr 31% more
Aye Finance Credit Underwriter Salary 5 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹5.1 L/yr 21% more
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 165% more
Tata Motors Finance Credit Underwriter Salary 1 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹3.5 L/yr 32% less
TVS Credit Credit Underwriter Salary 0 - 8 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 2% more

Credit Underwriter salary at HDB Financial Services ranges between ₹2.5 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 20 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Credit Underwriter salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹3 L/yr - ₹3.3 L/yr
3 years (3 salaries)	₹2.5 L/yr - ₹5.7 L/yr
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4 years (3 salaries)	₹2.7 L/yr - ₹3.6 L/yr
5 years (5 salaries)	₹3 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.6 L/yr

View all

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Chief Manager Salary

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Top skills at HDB Financial Services for Credit Underwriter

Quality Check UAT Risk Analysis Functional Testing Credit Underwriting Credit Analysis

Salary related reviews for HDB Financial Services

3.0

Rated by 5 employees for salary & benefits

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Credit Relationship Manager in Ankleshwar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Oct 2024

2.0

for Salary and Benefits

Likes

Learning Purposes it is goood but not good life long time.

Skill development - Good

Dislikes

Everything 1 Salary structure 2 Leave not giving which is considered as Leave on system but if they mail " Tomorrow is normal working day " u must come to branch, Shame thing to work with them.

Salary - Poor

+4 more

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

Sales Officer in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 29 Sep 2024

3.0

for Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

Work-life balance - Poor

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

see more salary related reviews

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What people are saying about HDB Financial Services

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HDB Financial Services Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at HDB Financial Services?

Credit Underwriter salary at HDB Financial Services in India ranges between ₹2.5 Lakhs to ₹4.6 Lakhs for experience between 2 years to 8 years. According to our estimates it is 29% less than the average Credit Underwriter Salary in India. Salary estimates are based on 20 latest salaries received from various employees of HDB Financial Services India.

How does the salary of a Credit Underwriter at HDB Financial Services India compare with the average salary range for this job?

The average salary of a Credit Underwriter at HDB Financial Services is 29% less than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Underwriter at HDB Financial Services?

Quality Check, UAT, Risk Analysis, Functional Testing and Credit Underwriting are some of the popular skills required to work as a Credit Underwriter at HDB Financial Services India.

Which similar companies are paying more than HDB Financial Services to a Credit Underwriter in India?

Hero FinCorp Credit Underwriter Salary - ₹6.3 Lakhs to ₹20.2 Lakhs per year
Mahindra Finance Credit Underwriter Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹1.9 Lakhs to ₹11.0 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

What is the salary of a Credit Underwriter in companies similar to HDB Financial Services in India?

Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Finance Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.5 Lakhs per year
Bajaj Finance Credit Underwriter Salary - ₹3.0 Lakhs to ₹6.8 Lakhs per year
L&T Finance Credit Underwriter Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Bajaj Housing Finance Credit Underwriter Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at HDB Financial Services in India?

The estimated take-home salary of a Credit Underwriter at HDB Financial Services ranges between ₹24,822 per month to ₹26,263 per month in India. The take-home salary calculation is based on the average HDB Financial Services Credit Underwriter salary in India which ranges between ₹2.5 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at HDB Financial Services?

According to AmbitionBox, 42% of the HDB Financial Services Credit Underwriters reported a notice period of 3 Months, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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HDB Financial Services Credit Underwriter Salaries

HDB Financial Services Credit Underwriter salary in India ranges between ₹2.5 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 HDB Financial Services latest salaries received from various employees of HDB Financial Services.