HSBC Bank Credit Underwriter Salaries by 5 Employees (Updated 2025)

1 - 14 years exp.

₹2.8 Lakhs - ₹25.3 Lakhs

Salary of majority employees

162% more than the average Credit Underwriter Salary in Banking Companies for 1 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.5 L/yr
Customer Success, Service & Operations Credit Underwriter Salary 10 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Production, Manufacturing & Engineering Credit Underwriter Salary 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
Risk Management & Compliance Credit Underwriter Salary 14 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr

Last Updated: 3 Jul 2024

Companies similar to HSBC Bank for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Credit Underwriter Salary 1 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹4.3 L/yr 71% less
HSBC Group Credit Underwriter Salary 2 - 8 years exp. (14 salaries)	₹3.5 L/yr - ₹8.8 L/yr 45% less
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ICICI Bank Credit Underwriter Salary 0 - 6 years exp. (23 salaries)	₹1.2 L/yr - ₹10.2 L/yr 57% less
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (52 salaries)	₹2.6 L/yr - ₹7 L/yr 61% less
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (141 salaries)	₹2.4 L/yr - ₹10.5 L/yr 46% less
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	₹1.8 L/yr - ₹8.5 L/yr 69% less
IndusInd Bank Credit Underwriter Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 74% less
Yes Bank Credit Underwriter Salary 0 - 5 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 74% less
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (193 salaries)	₹1.5 L/yr - ₹5.1 L/yr 71% less
Bandhan Bank Credit Underwriter Salary 0 - 6 years exp. (60 salaries)	₹2 L/yr - ₹8.5 L/yr 67% less
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	₹3.7 L/yr - ₹9.8 L/yr 45% less
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Federal Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹20 L/yr 11% less
AU Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 77% less
Equitas Small Finance Bank Credit Underwriter Salary 2 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹3.7 L/yr 73% less
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 71% less
IDBI Bank Credit Underwriter Salary 5 - 13 years exp. (3 salaries)	₹7.5 L/yr - ₹20 L/yr 15% more
Deutsche Bank Credit Underwriter Salary 5 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹22 L/yr 22% more

Credit Underwriter salary at HSBC Bank ranges between ₹2.8 Lakhs to ₹25.3 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Credit Underwriter salaries

Last Updated: 3 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
8 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
9 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹31.3 L/yr
11 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
12 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr
13 years (AmbitionBox Estimate)	₹21 L/yr - ₹26.8 L/yr
14 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹30 L/yr

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Salary related reviews for HSBC Bank

3.0

Rated by 1 employees for salary & benefits

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 07 Sep 2024

3.0

for Salary and Benefits

Likes

*Steep learning curve * Work life balance * Ample leaves annually * Good for target oriented sales * Regular interaction with management

Work-life balance - Good

Dislikes

...less. * Bonus is dependent on manager relationship and not performance related. * Compensation is pretty average. * Internal movement requires strong recommendations, else doesn't happen.

Job security - Bad

+2 more

Associate Vice President in Mumbai

Sales & Business Development Department

5.0

• posted on 28 Jun 2019

5.0

for Salary and Benefits

Likes

... employee have job security. Carrer growth, learning is given utmost important Compensation is good. HR is very strong.

Salary - Excellent

+6 more

Dislikes

Nothing!

Operations Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 27 Apr 2024

4.0

for Salary and Benefits

Likes

1) Hdpi finance will help you to grow better than trade finance department. 2) Yearly bonus 3) Job safety 4) Work life balance 5) Hybrid working for just 1 day working.

Salary - Good

+6 more

Dislikes

1) No work life balance in trade finance department

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Sep 2023

2.0

for Salary and Benefits

Likes

Employee friendly and supportive management. There are opportunities to grow as well in various field internally.

Job security - Excellent

+3 more

Dislikes

Salary is way too less given experience of people working and appraisals as well has been very disappointing.

Salary - Poor

+1 more

Processing Executive in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Sep 2023

2.0

for Salary and Benefits

Likes

Job security

Job security - Excellent

Dislikes

I worked in HSBC Kolkata so rating as per my experience there - Internal growth is minimal, too much cost cutting, micro management, no focus on skill development, too much politics inside, hikes are like peanuts you have to be on good books of your managers to get good hike, performance doesn’t matter. HSBC should re-access there Management’s skills and compatibility, may be this reason for high attrition.

Salary - Poor

+4 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HSBC Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at HSBC Bank?

Credit Underwriter salary at HSBC Bank in India ranges between ₹2.8 Lakhs to ₹25.3 Lakhs for experience between 1 years to 14 years. According to our estimates it is 162% more than the average Credit Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HSBC Bank India.

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

The average salary of a Credit Underwriter at HSBC Bank is 162% more than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

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

Deutsche Bank Credit Underwriter Salary - ₹4.5 Lakhs to ₹22.0 Lakhs per year
IDBI Bank Credit Underwriter Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year

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

Federal Bank Credit Underwriter Salary - ₹3.5 Lakhs to ₹20.0 Lakhs per year
HSBC Group Credit Underwriter Salary - ₹3.5 Lakhs to ₹8.8 Lakhs per year
IDFC FIRST Bank Credit Underwriter Salary - ₹3.7 Lakhs to ₹9.8 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year
ICICI Bank Credit Underwriter Salary - ₹1.2 Lakhs to ₹10.2 Lakhs per year

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

The estimated take-home salary of a Credit Underwriter at HSBC Bank ranges between ₹90,134 per month to ₹92,503 per month in India. The take-home salary calculation is based on the average HSBC Bank Credit Underwriter salary in India which ranges between ₹2.8 Lakhs to ₹25.3 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the HSBC Bank Credit Underwriters reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HSBC Bank Credit Underwriter Salaries

HSBC Bank Credit Underwriter salary in India ranges between ₹2.8 Lakhs to ₹25.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Bank latest salaries received from various employees of HSBC Bank.