IIFL Finance Credit Underwriter Salaries by 10+ Employees (Updated 2025)

0 - 8 years exp.

₹2.8 Lakhs - ₹4.6 Lakhs

Salary of majority employees

Fixed (87%)

₹3 Lakhs

Variable (13%)

₹0.4 Lakh

29% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Credit Underwriter Salary 0 - 8 years exp. (9 salaries)	₹2.8 L/yr - ₹4.6 L/yr
Login to view exact salary
Customer Success, Service & Operations Credit Underwriter Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.6 L/yr

Last Updated: 17 Jan 2025

Companies similar to IIFL Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Edelweiss Credit Underwriter Salary 2 - 3 years exp. (4 salaries)	₹3.1 L/yr - ₹8.4 L/yr 74% more
HDB Financial Services Credit Underwriter Salary 2 - 8 years exp. (20 salaries)	₹2.5 L/yr - ₹4.6 L/yr At par
Login to view exact salary
Bajaj Finance Credit Underwriter Salary 2 - 9 years exp. (16 salaries)	₹3 L/yr - ₹6.8 L/yr 39% more
Piramal Capital Housing Finance Credit Underwriter Salary 0 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹6.5 L/yr 15% more
Aditya Birla Finance Credit Underwriter Salary 0 - 3 years exp. (7 salaries)	₹2.6 L/yr - ₹7.5 L/yr 41% more
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 4% less
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 9% less
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 165% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 34% more
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 11% less
Poonawalla Fincorp Credit Underwriter Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹6 L/yr 19% more
Login to view exact salary
TVS Credit Credit Underwriter Salary 0 - 8 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 2% more
Tata Capital Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 69% more

Credit Underwriter salary at IIFL Finance ranges between ₹2.8 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 11 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Credit Underwriter salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.2 L/yr
5 years (3 salaries)	₹3.2 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in IIFL Finance

Credit Officer Salary

(56 salaries)

₹1.7 L/yr - ₹4.2 L/yr

Credit Executive Salary

(5 salaries)

₹2 L/yr - ₹3 L/yr

Credit Analyst Salary

(7 salaries)

₹2.6 L/yr - ₹5.6 L/yr

Credit Manager Salary

(177 salaries)

₹2.5 L/yr - ₹10.52 L/yr

Area Credit Manager Salary

(32 salaries)

₹5.17 L/yr - ₹17.81 L/yr

Branch Manager Salary

(994 salaries)

₹2.2 L/yr - ₹8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Sales Officer Salary

(120 salaries)

₹1.8 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(161 salaries)

₹2.3 L/yr - ₹10 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹13.4 L/yr - ₹17.1 L/yr

Top skills at IIFL Finance for Credit Underwriter

Credit Underwriting Credit Evaluation Business Loan Underwriting Credit Appraisal Loan Processing SME Kannada Home Loans Credit Underwriting Mortgage Loans Portfolio Management Query Resolution Credit Risk Analysis Sanction

Salary related reviews for IIFL Finance

4.0

Rated by 2 employees for salary & benefits

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

Branch Credit Manager in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 11 Jun 2023

4.0

for Salary and Benefits

Likes

Salary is good but work culture nd working time is not that much good If u r Ina branch level then u have to work for 14-16 hours in a day Like joining time morning 9am Nd closings time 12/1 pm

Salary - Good

+1 more

Dislikes

Heavy work pressure

Work satisfaction - Bad

+1 more

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Salary - Excellent

+2 more

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

Job security - Bad

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

Got a question about IIFL Finance?

Ask anonymously on communities.

IIFL Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at IIFL Finance?

Credit Underwriter salary at IIFL Finance in India ranges between ₹2.8 Lakhs to ₹4.6 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 29% less than the average Credit Underwriter Salary in India. Salary estimates are based on 11 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Credit Underwriter at IIFL Finance India compare with the average salary range for this job?

The average salary of a Credit Underwriter at IIFL Finance is 29% less than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Underwriter at IIFL Finance?

Credit Underwriting, Credit Evaluation, Business Loan, Underwriting and Credit Appraisal are some of the popular skills required to work as a Credit Underwriter at IIFL Finance India.

Which similar companies are paying more than IIFL Finance to a Credit Underwriter in India?

Mahindra Finance Credit Underwriter Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
Edelweiss Credit Underwriter Salary - ₹3.1 Lakhs to ₹8.4 Lakhs per year
Tata Capital Credit Underwriter Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
Aditya Birla Finance Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.5 Lakhs per year
Bajaj Finance Credit Underwriter Salary - ₹3.0 Lakhs to ₹6.8 Lakhs per year

What is the salary of a Credit Underwriter in companies similar to IIFL Finance in India?

L&T Finance Credit Underwriter Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Poonawalla Fincorp Credit Underwriter Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year
Piramal Capital Housing Finance Credit Underwriter Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
TVS Credit Credit Underwriter Salary - ₹1.2 Lakhs to ₹4.8 Lakhs per year
HDB Financial Services Credit Underwriter Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at IIFL Finance in India?

The estimated take-home salary of a Credit Underwriter at IIFL Finance ranges between ₹24,882 per month to ₹26,323 per month in India. The take-home salary calculation is based on the average IIFL Finance Credit Underwriter salary in India which ranges between ₹2.8 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at IIFL Finance?

According to AmbitionBox, 50% of the IIFL Finance Credit Underwriters reported a notice period of 1 Month, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IIFL Finance Credit Underwriter Salaries by Location

Home >
Salaries >
IIFL Finance Salaries >
IIFL Finance Credit Underwriter Salaries

IIFL Finance Credit Underwriter salary in India ranges between ₹2.8 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 IIFL Finance latest salaries received from various employees of IIFL Finance.

IIFL Finance Credit Underwriter salaries in India

Companies similar to IIFL Finance for Credit Underwriter

Latest annual salaries shared by IIFL Finance Credit Underwriter

Experience wise IIFL Finance Credit Underwriter salaries

Similar Designation salaries in IIFL Finance

Top skills at IIFL Finance for Credit Underwriter

Salary related reviews for IIFL Finance

Branch Manager in Dholka

Branch Manager in Hyderabad / Secunderabad

Branch Credit Manager in Kolkata

Deputy Manager in Mumbai

Branch Manager in Jaipur

IIFL Finance Credit Underwriter Salary FAQs

Tell us how to improve this page.

IIFL Finance Credit Underwriter Salaries by Location