Average annual salary for most employees Fixed vs. variable pay breakdown Estimated monthly take-home salary42% 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.
(55
salaries)
|  ₹3.3 L/yr - ₹12.9 L/yr |
Finance & Accounting
Credit Underwriter Salary
0 - 8
years
exp.
(28
salaries)
| ₹2.5 L/yr - ₹12.4 L/yr |
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| |
Risk Management & Compliance
Credit Underwriter Salary
0 - 8
years
exp.
(10
salaries)
| ₹6.6 L/yr - ₹11 L/yr |
Customer Success, Service & Operations
Credit Underwriter Salary
1 - 8
years
exp.
(9
salaries)
| ₹3 L/yr - ₹7.6 L/yr |
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) | ₹1.2 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
28%
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
44%
less | |
 Standard Chartered Credit Underwriter Salary
1 - 5 years exp. (6 salaries) | ₹3.3 L/yr - ₹4.3 L/yr
48%
less | |
 Yes Bank Credit Underwriter Salary
0 - 5 years exp. (10 salaries) | ₹2 L/yr - ₹5.5 L/yr
55%
less | |
 IndusInd Bank Credit Underwriter Salary
0 - 5 years exp. (4 salaries) | ₹2.4 L/yr - ₹3.7 L/yr
52%
less | |
 IDFC FIRST Bank Credit Underwriter Salary
1 - 6 years exp. (13 salaries) | ₹3.7 L/yr - ₹9.8 L/yr
2%
less | |
 RBL Bank Credit Underwriter Salary
1 - 7 years exp. (11 salaries) | ₹2.2 L/yr - ₹11.5 L/yr
1%
less | |
 Jana Small Finance Bank Credit Underwriter Salary
1 - 8 years exp. (178 salaries) | ₹1.5 L/yr - ₹5.1 L/yr
47%
less | |
 Bandhan Bank Credit Underwriter Salary
0 - 2 years exp. (53 salaries) | ₹2 L/yr - ₹9 L/yr
42%
less | |
 City Union Bank Credit Underwriter Salary
16 - 17 years exp. (6 salaries) | ₹15.6 L/yr - ₹17.9 L/yr 
125%
more | |
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| ||
 Federal Bank Credit Underwriter Salary
2 - 6 years exp. (5 salaries) | ₹3.5 L/yr - ₹20 L/yr
60%
more | |
 IDBI Bank Credit Underwriter Salary
5 - 14 years exp. (4 salaries) | ₹7.5 L/yr - ₹25 L/yr
144%
more | |
 Mashreq Bank Credit Underwriter Salary
4 - 10 years exp. (4 salaries) | ₹4.5 L/yr - ₹10.6 L/yr
14%
more | |
 Ujjivan Small Finance Bank Credit Underwriter Salary
2 - 6 years exp. (4 salaries) | ₹2.5 L/yr - ₹5.2 L/yr
47%
less | |
 Emirates NBD Credit Underwriter Salary
7 - 14 years exp. (4 salaries) | ₹8 L/yr - ₹30 L/yr
147%
more | |
Latest annual salaries shared by HDFC Bank Credit Underwriter
Experience wise HDFC Bank Credit Underwriter salaries
Last Updated: 16 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (12 salaries) |
₹3
L/yr
- ₹11
L/yr
|
| 1 year (26 salaries) |
₹2
L/yr
- ₹8.9
L/yr
|
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| |
| 2 years (19 salaries) |
₹2
L/yr
- ₹10
L/yr
|
| 3 years (10 salaries) |
₹1.9
L/yr
- ₹10.1
L/yr
|
| 4 years (17 salaries) |
₹2.4
L/yr
- ₹10
L/yr
|
Similar Designation salaries in HDFC Bank
Top skills at HDFC Bank for Credit Underwriter
Salary related reviews for HDFC Bank
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What people are saying about HDFC Bank
HDFC Bank Credit Underwriter Salary FAQs
The top 10% of Credit Underwriter at HDFC Bank earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Credit Underwriter Salaries at HDFC Bank 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 100+ HDFC Bank employees in India.
- - Credit Underwriting
- - Credit
- - Documentation
- - Productivity
- - Implementation
These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
| Emirates NBD | ₹8.0 Lakhs to ₹30.0 Lakhs per year |
| IDBI Bank | ₹7.5 Lakhs to ₹25.0 Lakhs per year |
| City Union Bank | ₹15.6 Lakhs to ₹17.9 Lakhs per year |
| Federal Bank | ₹3.5 Lakhs to ₹20.0 Lakhs per year |
| Mashreq Bank | ₹4.5 Lakhs to ₹10.6 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.
| RBL Bank | ₹2.2 Lakhs to ₹11.5 Lakhs per year |
| IDFC FIRST Bank | ₹3.7 Lakhs to ₹9.8 Lakhs per year |
| ICICI Bank | ₹1.2 Lakhs to ₹10.6 Lakhs per year |
| Axis Bank | ₹2.6 Lakhs to ₹7.0 Lakhs per year |
| Bandhan Bank | ₹2.0 Lakhs to ₹9.0 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.0 Lakhs to ₹11.0 Lakhs per year |
| 1 year | ₹2.0 Lakhs to ₹8.9 Lakhs per year |
| 2 years | ₹2.0 Lakhs to ₹10.0 Lakhs per year |
| 3 years | ₹1.9 Lakhs to ₹10.1 Lakhs per year |
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HDFC Bank Credit Underwriter Salaries by Location
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HDFC Bank Credit Underwriter salary
in
India
ranges between ₹2.6
Lakhs to ₹11
Lakhs with an average annual salary of
₹. Salary estimates are based on
138
HDFC Bank latest salaries received from various employees of
HDFC Bank.