HDFC Bank Credit Underwriter Salaries by 100+ Employees (Updated 2025)

0 - 8 years exp.

₹2.5 Lakhs - ₹11 Lakhs

Salary of majority employees

Fixed (89%)

₹6.4 Lakhs

Variable (11%)

₹0.7 Lakh

44% more than the average Credit Underwriter Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 0 - 8 years exp. (50 salaries)	₹3.2 L/yr - ₹13.5 L/yr
Finance & Accounting Credit Underwriter Salary 0 - 8 years exp. (24 salaries)	₹2.5 L/yr - ₹9 L/yr
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Customer Success, Service & Operations Credit Underwriter Salary 1 - 8 years exp. (9 salaries)	₹3 L/yr - ₹7.6 L/yr
Risk Management & Compliance Credit Underwriter Salary 0 - 7 years exp. (6 salaries)	₹7.3 L/yr - ₹11 L/yr

Last Updated: 27 Feb 2025

Companies similar to HDFC Bank for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Underwriter Salary 1 - 8 years exp. (26 salaries)	₹1.6 L/yr - ₹10.6 L/yr 13% less
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 29% less
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Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	₹1.8 L/yr - ₹8.5 L/yr 45% less
Standard Chartered Credit Underwriter Salary 1 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹4.3 L/yr 49% less
Yes Bank Credit Underwriter Salary 0 - 5 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 56% less
IndusInd Bank Credit Underwriter Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 53% less
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	₹3.7 L/yr - ₹9.8 L/yr 3% less
RBL Bank Credit Underwriter Salary 1 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹11.5 L/yr 2% less
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (186 salaries)	₹1.5 L/yr - ₹5.1 L/yr 49% less
Bandhan Bank Credit Underwriter Salary 0 - 6 years exp. (64 salaries)	₹2.8 L/yr - ₹7.1 L/yr 41% less
City Union Bank Credit Underwriter Salary 16 - 17 years exp. (6 salaries)	₹15.6 L/yr - ₹17.9 L/yr 122% more
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Federal Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹20 L/yr 58% more
IDBI Bank Credit Underwriter Salary 5 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹25 L/yr 142% more
Mashreq Bank Credit Underwriter Salary 4 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹10.6 L/yr 13% more
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 48% less
Emirates NBD Credit Underwriter Salary 7 - 14 years exp. (4 salaries)	₹8 L/yr - ₹30 L/yr 144% more

Credit Underwriter salary at HDFC Bank ranges between ₹2.5 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 122 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Credit Underwriter salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹3 L/yr - ₹11 L/yr
1 year (21 salaries)	₹3.2 L/yr - ₹8.6 L/yr
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2 years (16 salaries)	₹3.5 L/yr - ₹10 L/yr
3 years (7 salaries)	₹4 L/yr - ₹10.1 L/yr
4 years (17 salaries)	₹2.4 L/yr - ₹9.9 L/yr
5 years (14 salaries)	₹3.3 L/yr - ₹13 L/yr
6 years (14 salaries)	₹3.9 L/yr - ₹11 L/yr
7 years (12 salaries)	₹2.6 L/yr - ₹8 L/yr
8 years (9 salaries)	₹3 L/yr - ₹8 L/yr

View all

Similar Designation salaries in HDFC Bank

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Area Credit Manager Salary

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Branch Manager Salary

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Sales Officer Salary

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Deputy Manager Salary

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Chief Manager Salary

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₹8 L/yr - ₹26 L/yr

Top skills at HDFC Bank for Credit Underwriter

Credit Underwriting Credit Documentation Productivity Implementation Deviation Credit Analysis Credit Appraisal Interpersonal Skills Credit Management Problem Solving Interpersonal Communication Auditing Credit Monitoring Credit Risk Analysis

Salary related reviews for HDFC Bank

2.2

Rated by 12 employees for salary & benefits

Credit Underwriter in Pune

Other Department

4.0

• posted on 27 May 2022

1.0

for Salary and Benefits

Likes

Only good thing was the colleagues that I had were very supportive and friendly. No animosity created unnecessarily

Dislikes

Needs better compensation for amount of hours employee puts in the bank not paid fairly at all and no work life balance.

Salary - Bad

+4 more

Credit Underwriter

Finance Department

3.0

• posted on 01 Jul 2019

1.0

for Salary and Benefits

Likes

there is job secured for onroll employees, they are getting good salary, many things for learn, work environment is good.

Company culture - Good

Dislikes

job is not secured for offroll employees, salary package is very low, work time is too

Salary - Bad

+4 more

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Marketing & Communication Department

2.0

• posted on 15 Feb 2025

2.0

for Salary and Benefits

Likes

Brand value and future leaders in banking ,

Dislikes

Internal Politics, no understand on employee struggles ,no job security, less salary in the market ,always think about bank profits ,no human values ,no caring of employees , no much digitalization comparing to other banks , No leaves ,huge pressure eon every employee for tgts , need huge profits with less man power, No happiness at working with bank .only need of the hour for employees

Salary - Poor

+4 more

Deputy Manager in Guwahati (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 09 Feb 2025

2.0

for Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

Skill development - Good

+1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

Salary - Poor

+1 more

Sales Manager in Aurangabad

Full Time

Sales & Business Development Department

4.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

Job security - Good

+1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

Salary - Poor

+1 more

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What people are saying about HDFC Bank

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spellbindingmint

works at

HDFC Bank

I got offer from Infosys as associate consultant and currently working as Wealth manager for HDFC bank. Is job security there in Infosys?

The scenario is here in HDFC, they are forcing us to join operations team and reducing our salary from 14lpa to 8.5lpa. While Infosys is offering 10.5lpa. What should I do as I think the in hand salary will be similar in both the companies. Worried about job security in Infosys.

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HDFC Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at HDFC Bank?

Credit Underwriter salary at HDFC Bank in India ranges between ₹2.5 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 44% more than the average Credit Underwriter Salary in India. Salary estimates are based on 122 latest salaries received from various employees of HDFC Bank India.

How does the salary of a Credit Underwriter at HDFC Bank India compare with the average salary range for this job?

The average salary of a Credit Underwriter at HDFC Bank is 44% more 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 HDFC Bank?

Credit Underwriting, Credit, Documentation, Productivity and Implementation are some of the popular skills required to work as a Credit Underwriter at HDFC Bank India.

Which similar companies are paying more than HDFC Bank to a Credit Underwriter in India?

Emirates NBD Credit Underwriter Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Credit Underwriter Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
City Union Bank Credit Underwriter Salary - ₹15.6 Lakhs to ₹17.9 Lakhs per year
Federal Bank Credit Underwriter Salary - ₹3.5 Lakhs to ₹20.0 Lakhs per year
Mashreq Bank Credit Underwriter Salary - ₹4.5 Lakhs to ₹10.6 Lakhs per year

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

RBL Bank Credit Underwriter Salary - ₹2.2 Lakhs to ₹11.5 Lakhs per year
IDFC FIRST Bank Credit Underwriter Salary - ₹3.7 Lakhs to ₹9.8 Lakhs per year
ICICI Bank Credit Underwriter Salary - ₹1.6 Lakhs to ₹10.6 Lakhs per year
Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Bandhan Bank Credit Underwriter Salary - ₹2.8 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Credit Underwriter at HDFC Bank ranges between ₹53,344 per month to ₹54,672 per month in India. The take-home salary calculation is based on the average HDFC Bank Credit Underwriter salary in India which ranges between ₹2.5 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at HDFC Bank?

According to AmbitionBox, 44% of the HDFC Bank Credit Underwriters reported a notice period of 3 Months, 41% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 106 responses on AmbitionBox in last 2 years.

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HDFC Bank Credit Underwriter Salaries by Location

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HDFC Bank Credit Underwriter Salaries

HDFC Bank Credit Underwriter salary in India ranges between ₹2.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 122 HDFC Bank latest salaries received from various employees of HDFC Bank.

HDFC Bank Credit Underwriter salaries in India (Updated 2025)

Companies similar to HDFC Bank for Credit Underwriter

Latest annual salaries shared by HDFC Bank Credit Underwriter

Experience wise HDFC Bank Credit Underwriter salaries

Similar Designation salaries in HDFC Bank

Top skills at HDFC Bank for Credit Underwriter

Salary related reviews for HDFC Bank

Credit Underwriter in Pune

Credit Underwriter

Assistant Vice President in Hyderabad / Secunderabad

Deputy Manager in Guwahati (working remotely)

Sales Manager in Aurangabad

HDFC Bank Credit Underwriter Salary FAQs

Tell us how to improve this page.

HDFC Bank Credit Underwriter Salaries by Location