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HSBC Group

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4.0

based on 4.6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Credit Underwriter salaries in India

Annual salary range
2 - 8 years exp.
₹3.5 Lakhs - ₹8.8 Lakhs
Salary of majority employees
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44% more than the average Credit Underwriter Salary in Financial Services Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Underwriter Salary
4 - 6 years exp. (4 salaries)
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₹5.5 L/yr - ₹8.2 L/yr

Customer Success, Service & Operations
Credit Underwriter Salary
4 - 7 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹8 L/yr

Finance & Accounting
Credit Underwriter Salary
4 - 8 years exp. (AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.5 L/yr

Risk Management & Compliance
Credit Underwriter Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.8 L/yr

Last Updated: 22 Jan 2025

Companies similar to HSBC Group for Credit Underwriter

Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Underwriter Salary

0 - 6 years exp. (23 salaries)

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₹1.2 L/yr - ₹10.2 L/yr

arrow icon 21% less
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Axis Bank Credit Underwriter Salary

1 - 10 years exp. (52 salaries)

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₹2.6 L/yr - ₹7 L/yr

arrow icon 28% less
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HDFC Bank Credit Underwriter Salary

0 - 8 years exp. (141 salaries)

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₹2.4 L/yr - ₹10.5 L/yr

arrow icon 1% less
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Kotak Mahindra Bank Credit Underwriter Salary

0 - 7 years exp. (34 salaries)

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₹1.8 L/yr - ₹8.5 L/yr

arrow icon 44% less
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Citibank Credit Underwriter Salary

2 - 8 years exp. (4 salaries)

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₹3.5 L/yr - ₹8.1 L/yr

arrow icon 9% less
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Standard Chartered Credit Underwriter Salary

1 - 5 years exp. (6 salaries)

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₹3.3 L/yr - ₹4.3 L/yr

arrow icon 48% less
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Yes Bank Credit Underwriter Salary

0 - 5 years exp. (10 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 52% less
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RBL Bank Credit Underwriter Salary

1 - 7 years exp. (11 salaries)

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₹2.2 L/yr - ₹11.5 L/yr

arrow icon 1% more
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IDFC FIRST Bank Credit Underwriter Salary

1 - 6 years exp. (13 salaries)

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₹3.7 L/yr - ₹9.8 L/yr

At par
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IndusInd Bank Credit Underwriter Salary

0 - 5 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.7 L/yr

arrow icon 52% less
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₹11 L/yr - ₹25 L/yr

arrow icon 170% more
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₹3.5 L/yr - ₹4.1 L/yr

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Citicorp Credit Underwriter Salary

2 - 8 years exp. (6 salaries)

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₹5.5 L/yr - ₹10 L/yr

At par
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Wells Fargo Credit Underwriter Salary

4 - 5 years exp. (3 salaries)

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₹8.5 L/yr - ₹13.6 L/yr

arrow icon 67% more
Credit Underwriter salary at HSBC Group ranges between ₹3.5 Lakhs to ₹8.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 14 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Credit Underwriter

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Experience wise HSBC Group Credit Underwriter salaries

Last Updated: 22 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹11.3 L/yr
3 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹11.7 L/yr
4 years  (6 salaries)

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₹5.3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹12.9 L/yr
View all

Similar Designation salaries in HSBC Group

Credit Officer Salary
(18 salaries)
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₹2.7 L/yr - ₹8.1 L/yr
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₹2.5 L/yr - ₹4.37 L/yr
Credit Analyst Salary
(84 salaries)
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₹5.95 L/yr - ₹21 L/yr
Credit Manager Salary
(24 salaries)
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₹4.6 L/yr - ₹17.55 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
Branch Manager Salary
(5 salaries)
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₹10.5 L/yr - ₹15.42 L/yr
Senior Associate Salary
(393 salaries)
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₹4.5 L/yr - ₹19.36 L/yr
Sales Officer Salary
(3 salaries)
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₹2.2 L/yr - ₹8.19 L/yr
Deputy Manager Salary
(16 salaries)
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₹6 L/yr - ₹15.28 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr

Salary related reviews for HSBC Group

4.3

Rated by 5 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

read more
  • Skill development - Good
    +5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 26 Apr 2023

3.0
 for  Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

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  • Skill development - Good
    +5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

read more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 11 Apr 2023

3.0
 for  Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

read more
  • Skill development - Good
    +3 more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 01 Feb 2023

1.0
 for  Salary and Benefits

Likes

Just flexible hours nothing else. They sell themselves claiming that they have good work culture. It might be good at the organisational level, but not at our level. Work culture depends on the managers more than the organisation. And if by chance you don’t get a good manager then you’ll be in a mess. Even if the entire team goes and escalates to the senior management about the manager, no action will be taken against the manager in CAU instead you’ll be shifted to another team. But who knows what will happen after that. Won’t recommend anyone to join.

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  • Job security - Excellent

Dislikes

They are willing to pay freshers but don’t value existing employees at all. They are of the opinion that they can pay more to the new joiner but no point of paying more to the existing employees.

read more
  • Salary - Bad
    +4 more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 20 Apr 2022

2.0
 for  Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

read more
  • Skill development - Good
    +2 more

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

read more
  • Salary - Poor
    +1 more
see more salary related reviews

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HSBC Group Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at HSBC Group?
Credit Underwriter salary at HSBC Group in India ranges between ₹3.5 Lakhs to ₹8.8 Lakhs for experience between 2 years to 8 years. According to our estimates it is 44% more than the average Credit Underwriter Salary in India. Salary estimates are based on 14 latest salaries received from various employees of HSBC Group India.
How does the salary of a Credit Underwriter at HSBC Group India compare with the average salary range for this job?
The average salary of a Credit Underwriter at HSBC Group is 44% 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 Group to a Credit Underwriter in India?
  • JPMorgan Chase & Co. Credit Underwriter Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
  • Wells Fargo Credit Underwriter Salary - ₹8.5 Lakhs to ₹13.6 Lakhs per year
  • RBL Bank Credit Underwriter Salary - ₹2.2 Lakhs to ₹11.5 Lakhs per year
What is the salary of a Credit Underwriter in companies similar to HSBC Group in India?
  • IDFC FIRST Bank Credit Underwriter Salary - ₹3.7 Lakhs to ₹9.8 Lakhs per year
  • Citicorp Credit Underwriter Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
  • HDFC Bank Credit Underwriter Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year
  • Citibank Credit Underwriter Salary - ₹3.5 Lakhs to ₹8.1 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 Group in India?
The estimated take-home salary of a Credit Underwriter at HSBC Group ranges between ₹52,205 per month to ₹53,502 per month in India. The take-home salary calculation is based on the average HSBC Group Credit Underwriter salary in India which ranges between ₹3.5 Lakhs to ₹8.8 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 HSBC Group?
According to AmbitionBox, 69% of the HSBC Group Credit Underwriters reported a notice period of 1 Month, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group Credit Underwriter salary in India ranges between ₹3.5 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 HSBC Group latest salaries received from various employees of HSBC Group.