IDFC FIRST Bank Credit Underwriter Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹3.7 Lakhs - ₹9.8 Lakhs

Salary of majority employees

46% more than the average Credit Underwriter Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 12 Sep 2024

Companies similar to IDFC FIRST Bank for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (122 salaries)	₹2.5 L/yr - ₹11 L/yr 3% more
ICICI Bank Credit Underwriter Salary 1 - 8 years exp. (26 salaries)	₹1.6 L/yr - ₹10.6 L/yr 11% less
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Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 27% less
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	₹1.8 L/yr - ₹8.5 L/yr 44% less
IndusInd Bank Credit Underwriter Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 52% less
Yes Bank Credit Underwriter Salary 0 - 5 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 55% less
RBL Bank Credit Underwriter Salary 1 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹11.5 L/yr At par
Federal Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹20 L/yr 62% more
Bandhan Bank Credit Underwriter Salary 0 - 6 years exp. (64 salaries)	₹2.8 L/yr - ₹7.1 L/yr 39% less
IDBI Bank Credit Underwriter Salary 5 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹25 L/yr 148% more
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (186 salaries)	₹1.5 L/yr - ₹5.1 L/yr 48% less
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Standard Chartered Credit Underwriter Salary 1 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹4.3 L/yr 47% less
City Union Bank Credit Underwriter Salary 16 - 17 years exp. (6 salaries)	₹15.6 L/yr - ₹17.9 L/yr 129% more
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 46% less
Emirates NBD Credit Underwriter Salary 7 - 14 years exp. (4 salaries)	₹8 L/yr - ₹30 L/yr 151% more

Credit Underwriter salary at IDFC FIRST Bank ranges between ₹3.7 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 13 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Credit Underwriter salaries

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.8 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.4 L/yr
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3 years (3 salaries)	₹3.7 L/yr - ₹9 L/yr
4 years (4 salaries)	₹3.7 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9.8 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

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Credit Analyst Salary

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₹3.53 L/yr - ₹14 L/yr

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₹3.54 L/yr - ₹12.32 L/yr

Area Credit Manager Salary

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₹8.15 L/yr - ₹21.47 L/yr

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₹6.25 L/yr - ₹26 L/yr

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Sales Officer Salary

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Deputy Manager Salary

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Chief Manager Salary

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₹10.2 L/yr - ₹36 L/yr

Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Relationship Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Currently, the pay they are offering is good

Dislikes

...e a fancy job discription and in relaity, the job we do is completely different. They harras employees and even after resigning, they harrass for due payment.

Salary - Poor

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IDFC FIRST Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at IDFC FIRST Bank?

Credit Underwriter salary at IDFC FIRST Bank in India ranges between ₹3.7 Lakhs to ₹9.8 Lakhs for experience between 1 years to 6 years. According to our estimates it is 46% more than the average Credit Underwriter Salary in India. Salary estimates are based on 13 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Credit Underwriter at IDFC FIRST Bank is 46% 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 IDFC FIRST Bank to a Credit Underwriter in India?

Emirates NBD Credit Underwriter Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Credit Underwriter Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
City Union Bank Credit Underwriter Salary - ₹15.6 Lakhs to ₹17.9 Lakhs per year
Federal Bank Credit Underwriter Salary - ₹3.5 Lakhs to ₹20.0 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹2.5 Lakhs to ₹11.0 Lakhs per year

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

RBL Bank Credit Underwriter Salary - ₹2.2 Lakhs to ₹11.5 Lakhs per year
ICICI Bank Credit Underwriter Salary - ₹1.6 Lakhs to ₹10.6 Lakhs per year
Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Bandhan Bank Credit Underwriter Salary - ₹2.8 Lakhs to ₹7.1 Lakhs per year
Kotak Mahindra Bank Credit Underwriter Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year

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

The estimated take-home salary of a Credit Underwriter at IDFC FIRST Bank ranges between ₹52,070 per month to ₹54,428 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Credit Underwriter salary in India which ranges between ₹3.7 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at IDFC FIRST Bank?

According to AmbitionBox, 71% of the IDFC FIRST Bank Credit Underwriters reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Credit Underwriter Salaries

IDFC FIRST Bank Credit Underwriter salary in India ranges between ₹3.7 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.