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IDBI Bank Credit Underwriter salaries in India (Updated 2025)

Annual salary range
5 - 14 years exp.
₹7.5 Lakhs - ₹25 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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248% more than the average Credit Underwriter Salary in Banking Companies for 5 - 14 years of experience

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Last Updated: 2 Mar 2025

Companies similar to IDBI Bank for Credit Underwriter

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

0 - 8 years exp. (138 salaries)

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₹2.6 L/yr - ₹11 L/yr

arrow icon 59% less
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ICICI Bank Credit Underwriter Salary

1 - 8 years exp. (26 salaries)

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₹1.2 L/yr - ₹10.6 L/yr

arrow icon 64% less
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Axis Bank Credit Underwriter Salary

1 - 10 years exp. (53 salaries)

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₹2.6 L/yr - ₹7 L/yr

arrow icon 70% 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 77% less
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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 81% 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 82% less
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₹1.5 L/yr - ₹5.1 L/yr

arrow icon 78% less
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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

arrow icon 60% 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 79% less
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Federal Bank Credit Underwriter Salary

2 - 6 years exp. (5 salaries)

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₹3.5 L/yr - ₹20 L/yr

arrow icon 35% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 83% less
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₹3.3 L/yr - ₹3.7 L/yr

arrow icon 80% less
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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 78% less
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Deutsche Bank Credit Underwriter Salary

5 - 12 years exp. (3 salaries)

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₹4.5 L/yr - ₹22 L/yr

arrow icon 10% less
Credit Underwriter salary at IDBI Bank ranges between ₹7.5 Lakhs to ₹25 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Credit Underwriter

3d ago
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14 years exp.
1y ago
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13 years exp.
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12 years exp.
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5 years exp.

Experience wise IDBI Bank Credit Underwriter salaries

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)

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₹14.9 L/yr - ₹19 L/yr
13 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.8 L/yr

Similar Designation salaries in IDBI Bank

Credit Officer Salary
(16 salaries)
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₹7 L/yr - ₹18 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Credit Analyst Salary
(26 salaries)
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₹10 L/yr - ₹30 L/yr
Credit Manager Salary
(107 salaries)
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₹8.5 L/yr - ₹28.85 L/yr
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₹10 L/yr - ₹20.1 L/yr
Branch Manager Salary
(61 salaries)
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₹10 L/yr - ₹32 L/yr
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₹3.5 L/yr - ₹8.5 L/yr
Sales Officer Salary
(47 salaries)
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₹1.45 L/yr - ₹3.5 L/yr
Deputy Manager Salary
(7 salaries)
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₹2.5 L/yr - ₹9 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

Salary related reviews for IDBI Bank

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Apr 2023

4.0
 for  Salary and Benefits

Likes

Salary is good at initial levels. Job Security. Work Pressure is manageable. When required one can avail leaves without much hassle. Other off the Salary Slip component is good.

read more
  • Salary - Good
  • +1 more

Dislikes

Methodology for assessing the Variable Pay is area where improvement is required. Policy wise the bank is conservative but management has it own take on it. But this makes the bank less competitive.

read more
  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Sep 2023

4.0
 for  Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

  • Salary - Good

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 01 Oct 2022

3.0
 for  Salary and Benefits

Likes

There is a lot of learning here. The more you work the more work you get to do. Salary is comparitively better than some public sector banks

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Its in transition phase of converting from piblic to private. So alot of changes in working style and people especially seniors (who actually prepare those new rules) couldnot follow. Work life balance is low. Long working hours. More selling of LICs than actual banking

read more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

read more
  • Company culture - Good

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 13 Aug 2022

5.0
 for  Salary and Benefits

Likes

...portunity to learn depending on your open minded attitude for new learnings. 2. Good pay master as per Industry Standards.

read more
  • Salary - Excellent
  • +1 more

Dislikes

1. Promotion policy is traditional and non transperent. 2. Transfer policy is not transperent. You may be transferred without any consent anytime and anywhere. 3. Work experience not given weightage and may be posted anywhere without matching your skill sets.

read more
  • Promotions - Poor
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IDBI Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at IDBI Bank ?
The average salary of a Credit Underwriter at IDBI Bank in India typically ranges from ₹7.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Credit Underwriter at IDBI Bank earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Credit Underwriter Salaries at IDBI 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 IDBI Bank employees in India.
What is the estimated take home salary of a Credit Underwriter at IDBI Bank in India?
The estimated take-home salary of a Credit Underwriter at IDBI Bank in India typically ranges from ₹1,16,701 to ₹1,19,962 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 5 years to 14 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 IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Credit Underwriter in companies similar to IDBI Bank in India?
The salary of a Credit Underwriter at companies similar to IDBI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deutsche Bank ₹4.5 Lakhs to ₹22.0 Lakhs per year
Federal Bank ₹3.5 Lakhs to ₹20.0 Lakhs per year
HDFC Bank ₹2.6 Lakhs to ₹11.0 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

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 IDBI Bank in India?
The salary growth for a Credit Underwriter at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Credit Underwriter can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
5 years ₹6.8 Lakhs to ₹8.6 Lakhs per year
12 years ₹14.9 Lakhs to ₹19.0 Lakhs per year
13 years ₹18.0 Lakhs to ₹23.0 Lakhs per year
14 years ₹22.5 Lakhs to ₹28.8 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Credit Underwriter salary in India ranges between ₹7.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.