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Annual salary range
1 - 8 years exp.
₹2
Lakhs - ₹4.6
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary32% less than the average Credit Underwriter Salary in NBFC Companies for 1 - 8 years of experience
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Salaries in different departments
Finance & Accounting
Credit Underwriter Salary
1 - 8
years
exp.
(6
salaries)
|  ₹2 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 |
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 
84%
more | |
 HDB Financial Services Credit Underwriter Salary
2 - 8 years exp. (18 salaries) | ₹3 L/yr - ₹4.6 L/yr
7%
more | |
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| ||
 Bajaj Finance Credit Underwriter Salary
2 - 9 years exp. (16 salaries) | ₹3 L/yr - ₹6.8 L/yr
48%
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
49%
more | |
 Home Credit Finance Credit Underwriter Salary
1 - 6 years exp. (7 salaries) | ₹3 L/yr - ₹4 L/yr
2%
more | |
 Shriram Finance Credit Underwriter Salary
0 - 9 years exp. (7 salaries) | ₹2.8 L/yr - ₹3.3 L/yr 
5%
less | |
 L&T Finance Credit Underwriter Salary
4 - 9 years exp. (5 salaries) | ₹3.4 L/yr - ₹8 L/yr
42%
more | |
 Mahindra Finance Credit Underwriter Salary
2 - 7 years exp. (4 salaries) | ₹2.2 L/yr - ₹8.5 L/yr
72%
more | |
 Aavas Financiers Credit Underwriter Salary
0 - 2 years exp. (4 salaries) | ₹2.4 L/yr - ₹3.5 L/yr
5%
less | |
 Tata Capital Credit Underwriter Salary
4 - 6 years exp. (4 salaries) | ₹4.2 L/yr - ₹7.5 L/yr
80%
more | |
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| ||
 Poonawalla Fincorp Credit Underwriter Salary
0 - 6 years exp. (4 salaries) | ₹1.9 L/yr - ₹6.4 L/yr
35%
more | |
 TVS Credit Credit Underwriter Salary
0 - 8 years exp. (3 salaries) | ₹1.2 L/yr - ₹4.8 L/yr
8%
more | |
Credit Underwriter salary at IIFL Finance ranges between ₹2
Lakhs
to ₹4.6
Lakhs
per year for employees with experience between 1 year to 8 years. Salary
estimates are based on
8 latest salaries received
from various employees of IIFL Finance.
Latest annual salaries shared by IIFL Finance Credit Underwriter
3mo ago
8
years
exp.
3mo ago
5
years
exp.
11mo ago
5
years
exp.
1y ago
3
years
exp.
1y ago
7
years
exp.
1y ago
1
year
exp.
1y ago
2
years
exp.
1y ago
4
years
exp.
Experience wise IIFL Finance Credit Underwriter salaries
Last Updated: 24 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹5.8
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹5.8
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹1.3
L/yr
- ₹3.7
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹5.8
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.3
L/yr
- ₹4.6
L/yr
|
View all
Similar Designation salaries in IIFL Finance
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
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a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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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 ₹2.0 Lakhs to ₹4.6 Lakhs for experience between 1 years to 8 years. According to our estimates it is 32% less than the average Credit Underwriter Salary in India. Salary estimates are based on 8 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 32% 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?
- 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
- Mahindra Finance Credit Underwriter Salary - ₹2.2 Lakhs to ₹8.5 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 ₹6.4 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 - ₹3.0 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 ₹23,299 per month to ₹24,763 per month in India. The take-home salary calculation is based on the average IIFL Finance Credit Underwriter salary in India which ranges between ₹2.0 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 years 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, 46% of the IIFL Finance Credit Underwriters reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.
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IIFL Finance Credit Underwriter Salaries by Location
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IIFL Finance Credit Underwriter salary
in
India
ranges between ₹2
Lakhs to ₹4.6
Lakhs with an average annual salary of
₹. Salary estimates are based on
8
IIFL Finance latest salaries received from various employees of
IIFL Finance.