Premium Employer

i

This company page is being actively managed by IDFC FIRST Bank Team. If you also belong to the team, you can get access from here

IDFC FIRST Bank Verified Tick

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

IDFC FIRST Bank Credit Underwriter salaries in India

Annual salary range
1 - 6 years exp.
₹3.7 Lakhs - ₹9.8 Lakhs
Salary of majority employees
unlock blur
Fixed (100%)
₹6.9 Lakhs
Variable (0%)
₹0.0
unlock blur

40% more than the average Credit Underwriter Salary in Banking Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 12 Sep 2024

Companies similar to IDFC FIRST Bank for Credit Underwriter

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.5 L/yr - ₹5.1 L/yr

arrow icon 46% less
Logo
HDFC Bank Credit Underwriter Salary

0 - 8 years exp. (120 salaries)

unlock blur

₹3 L/yr - ₹11 L/yr

arrow icon 2% more
Logo
Bandhan Bank Credit Underwriter Salary

0 - 2 years exp. (53 salaries)

unlock blur

₹2 L/yr - ₹9 L/yr

arrow icon 41% less
Logo
Axis Bank Credit Underwriter Salary

1 - 10 years exp. (53 salaries)

unlock blur

₹2.6 L/yr - ₹7 L/yr

arrow icon 26% less
Logo
Kotak Mahindra Bank Credit Underwriter Salary

0 - 7 years exp. (34 salaries)

unlock blur

₹1.8 L/yr - ₹8.5 L/yr

arrow icon 44% less
Logo
ICICI Bank Credit Underwriter Salary

1 - 8 years exp. (26 salaries)

unlock blur

₹1.2 L/yr - ₹10.6 L/yr

arrow icon 11% less
Logo
RBL Bank Credit Underwriter Salary

1 - 7 years exp. (11 salaries)

unlock blur

₹2.2 L/yr - ₹11.5 L/yr

At par
Logo
Yes Bank Credit Underwriter Salary

0 - 6 years exp. (10 salaries)

unlock blur

₹2 L/yr - ₹5.5 L/yr

arrow icon 55% less
Logo
Standard Chartered Credit Underwriter Salary

1 - 6 years exp. (6 salaries)

unlock blur

₹3.3 L/yr - ₹4.3 L/yr

arrow icon 47% less
Logo
City Union Bank Credit Underwriter Salary

16 - 17 years exp. (6 salaries)

unlock blur

₹15.6 L/yr - ₹17.9 L/yr

arrow icon 129% more
Logo
Federal Bank Credit Underwriter Salary

2 - 7 years exp. (5 salaries)

unlock blur

₹3.5 L/yr - ₹20 L/yr

arrow icon 62% more
Logo
IDBI Bank Credit Underwriter Salary

5 - 14 years exp. (4 salaries)

unlock blur

₹7.5 L/yr - ₹25 L/yr

arrow icon 148% more
Logo
IndusInd Bank Credit Underwriter Salary

0 - 5 years exp. (4 salaries)

unlock blur

₹2.4 L/yr - ₹3.7 L/yr

arrow icon 52% less
unlock blur

₹2.5 L/yr - ₹5.2 L/yr

arrow icon 46% less
Logo
Emirates NBD Credit Underwriter Salary

7 - 14 years exp. (4 salaries)

unlock blur

₹8 L/yr - ₹30 L/yr

arrow icon 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.

Latest annual salaries shared by IDFC FIRST Bank Credit Underwriter

3mo ago
avg blur mobile
4 years exp.
3mo ago
avg blur mobile
4 years exp.
5mo ago
avg blur mobile
6 years exp.
6mo ago
avg blur mobile
5 years exp.
10mo ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
3 years exp.

Experience wise IDFC FIRST Bank Credit Underwriter salaries

Last Updated: 12 Sep 2024

Experience Avg Annual Salary
1 year  (3 salaries)

unlock blur

₹2.8 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹2.8 L/yr - ₹8.4 L/yr
3 years  (3 salaries)

unlock blur

₹3.7 L/yr - ₹9 L/yr
4 years  (4 salaries)

unlock blur

₹3.7 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹2.8 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

Credit Officer Salary
(41 salaries)
unlock blur
₹2.1 L/yr - ₹4.92 L/yr
unlock blur
₹1.8 L/yr - ₹3.7 L/yr
Credit Analyst Salary
(68 salaries)
unlock blur
₹3.53 L/yr - ₹14 L/yr
Credit Manager Salary
(822 salaries)
unlock blur
₹3 L/yr - ₹13.45 L/yr
unlock blur
₹8.15 L/yr - ₹21.47 L/yr
Branch Manager Salary
(631 salaries)
unlock blur
₹6.25 L/yr - ₹26 L/yr
unlock blur
₹1.95 L/yr - ₹5.75 L/yr
Sales Officer Salary
(1.4k salaries)
unlock blur
₹1 L/yr - ₹5 L/yr
Deputy Manager Salary
(2.7k salaries)
unlock blur
₹2.15 L/yr - ₹9.5 L/yr
Chief Manager Salary
(726 salaries)
unlock blur
₹10.2 L/yr - ₹36 L/yr

Salary related reviews for IDFC FIRST Bank

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

read more
  • Salary - Bad
  • +6 more

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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Salary - Poor
  • +5 more

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

read more

Dislikes

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

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

IDFC FIRST Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at IDFC FIRST Bank ?
The average salary of a Credit Underwriter at IDFC FIRST Bank in India typically ranges from ₹3.7 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Underwriter at IDFC FIRST Bank earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Credit Underwriter Salaries at IDFC FIRST 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 10+ IDFC FIRST Bank employees in India.
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 in India typically ranges from ₹52,070 to ₹54,428 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IDFC FIRST Bank for Credit Underwriter in India?
Emirates NBD ₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank ₹7.5 Lakhs to ₹25.0 Lakhs per year
City Union Bank ₹15.6 Lakhs to ₹17.9 Lakhs per year
Federal Bank ₹3.5 Lakhs to ₹20.0 Lakhs per year
HDFC Bank ₹3.0 Lakhs to ₹11.0 Lakhs per year

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

RBL Bank ₹2.2 Lakhs to ₹11.5 Lakhs per year
ICICI Bank ₹1.2 Lakhs to ₹10.6 Lakhs per year
Axis Bank ₹2.6 Lakhs to ₹7.0 Lakhs per year
Bandhan Bank ₹2.0 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹8.5 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 IDFC FIRST Bank in India?
The salary growth for a Credit Underwriter at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Credit Underwriter can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
1 year ₹2.8 Lakhs to ₹8.0 Lakhs per year
2 years ₹2.8 Lakhs to ₹8.4 Lakhs per year
3 years ₹3.7 Lakhs to ₹9.0 Lakhs per year
4 years ₹3.7 Lakhs to ₹9.0 Lakhs per year
and so on.

Tell us how to improve this page.

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