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ICICI Bank

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ICICI Bank Credit Underwriter salaries in New Delhi

Annual salary range
1 - 5 years exp.
₹1.3 Lakh - ₹7.3 Lakhs
Salary of majority employees
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22% more than the average Credit Underwriter Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Credit Underwriter Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹5.7 L/yr

Customer Success, Service & Operations
Credit Underwriter Salary
3 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹6.1 L/yr

Last Updated: 20 Oct 2023

Companies similar to ICICI Bank for Credit Underwriter in New Delhi

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ICICI Bank Credit Underwriter Salary

1 - 5 years exp. (4 salaries)

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₹1.3 L/yr - ₹7.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Underwriter Salary

0 - 8 years exp. (13 salaries)

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₹2 L/yr - ₹8.6 L/yr

arrow icon 10% more
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RBL Bank Credit Underwriter Salary

1 - 7 years exp. (7 salaries)

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₹2.4 L/yr - ₹11 L/yr

arrow icon 1% more
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₹2.6 L/yr - ₹4.3 L/yr

arrow icon 39% less
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Axis Bank Credit Underwriter Salary

1 - 4 years exp. (6 salaries)

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₹3.6 L/yr - ₹5.9 L/yr

arrow icon 18% less
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CARS24 Credit Underwriter Salary

2 - 6 years exp. (6 salaries)

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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 35% less
Credit Underwriter salary at ICICI Bank ranges between ₹1.3 Lakh to ₹7.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Credit Underwriter in New Delhi

1y ago
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1 year exp.
1y ago
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5 years exp.

Experience wise ICICI Bank Credit Underwriter salaries in New Delhi

Last Updated: 20 Oct 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(1.9k salaries)
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₹2.8 L/yr - ₹11 L/yr
Credit Manager Salary
(531 salaries)
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₹4.75 L/yr - ₹16 L/yr
Chief Manager Salary
(271 salaries)
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₹12 L/yr - ₹35 L/yr
Sales Officer Salary
(242 salaries)
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₹1.1 L/yr - ₹4.5 L/yr
Branch Manager Salary
(228 salaries)
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₹6.54 L/yr - ₹26 L/yr
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₹5.42 L/yr - ₹20 L/yr
Credit Analyst Salary
(45 salaries)
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₹5 L/yr - ₹18 L/yr
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₹1.45 L/yr - ₹3.6 L/yr
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₹2 L/yr - ₹3 L/yr
Credit Officer Salary
(3 salaries)
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₹2 L/yr - ₹4.1 L/yr

Top skills at ICICI Bank for Credit Underwriter

Credit Underwriting Relationship Management mortgage Risk Management RM Disbursement Lap Portfolio Management Sales Banking Marketing

Salary related reviews for ICICI Bank

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 14 Mar 2025

2.0
 for  Salary and Benefits

Likes

Very focused on Skill development, no boss management culture, lots of data oriented actionable taken, very tech savvy and technology oriented, Strong HR policies.

read more
  • Skill development - Good
  • +1 more

Dislikes

...gement. Decision made only upon statistical reference instead of ground reality. Very poor compensation policy, no incentive or rating culture. Man marking, staff usages, proper staff onboarding, training and monitoring are missing. Depth not there to generate more business, thus missing out market share in most of the non metro or semi urban location.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 20 Feb 2025

4.0
 for  Salary and Benefits

Likes

Good to work on icici

  • Salary - Good
  • +3 more

Dislikes

...and audit teams are involving the branches and wrong potrait to super officials. Low level lady staff are working for only salary not for organisation. They will escalate the small things to HR also.

read more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 02 Feb 2025

1.0
 for  Salary and Benefits

Likes

Bank Is Good But Many Peoples Are there is Old But Knowledge Less And Bank Haer Other Bank Employees Maximum Package And There Knowlege level is not up to the Mark. And old Employees struggling.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Many Other Employee they Are hard working But New Comers are High Salary And old Employees Are Less Salary. So culture is Disaster, Because Of salary Defferent.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 01 Feb 2025

3.0
 for  Salary and Benefits

Likes

Job Security

  • Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 17 Dec 2024

3.0
 for  Salary and Benefits

Likes

*Unlimited sick leaves

  • Job security - Excellent

Dislikes

People, leadership, sick leaves not approved - causing loss of pay, unorganised, manual data entry, ancient systems, frequent pointless meetings and have no clear agenda that stretch beyond 1 hr (max. 5 hrs), no work from home almost always required to work from anywhere on sick leave, have strict login and logout times,

read more
  • Work satisfaction - Poor
  • +1 more
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ICICI Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at ICICI Bank in New Delhi?
The average salary of a Credit Underwriter at ICICI Bank in New Delhi typically ranges from ₹1.3 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Credit Underwriter in New Delhi at ICICI Bank earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Credit Underwriter Salaries at ICICI 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 4 ICICI Bank employees in India.
What is the estimated take home salary of a Credit Underwriter at ICICI Bank in New Delhi?
The estimated take-home salary of a Credit Underwriter at ICICI Bank in New Delhi typically ranges from ₹47,188 to ₹48,305 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Underwriter at ICICI Bank in New Delhi?
To be a Credit Underwriter at ICICI Bank in New Delhi, the key skills required include:

  • - Credit Underwriting
  • - Relationship Management
  • - mortgage
  • - Risk Management
  • - RM

These skills are highly valued at ICICI Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Bank for Credit Underwriter in India?
HDFC Bank ₹2.0 Lakhs to ₹8.6 Lakhs per year
RBL Bank ₹2.4 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Bank, depending on the role and experience level.
What is the salary of a Credit Underwriter in companies similar to ICICI Bank in New Delhi?
The salary of a Credit Underwriter at companies similar to ICICI Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹3.6 Lakhs to ₹5.9 Lakhs per year
CARS24 ₹3.5 Lakhs to ₹4.5 Lakhs per year
Jana Small Finance Bank ₹2.6 Lakhs to ₹4.3 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.
How the salary growth look like for a Credit Underwriter at ICICI Bank in New Delhi?
The salary growth for a Credit Underwriter at ICICI Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Credit Underwriter in New Delhi can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
1 year ₹4.5 Lakhs to ₹5.8 Lakhs per year
2 years ₹4.8 Lakhs to ₹6.2 Lakhs per year
3 years ₹5.1 Lakhs to ₹6.6 Lakhs per year
4 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Credit Underwriter salary in New Delhi ranges between ₹1.3 Lakh to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Bank latest salaries received from various employees of ICICI Bank.