Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary28% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 8 years of experience
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Salaries in different departments
Finance & Accounting
Credit Underwriter Salary
0 - 8
years
exp.
(9
salaries)
|  ₹2.8 L/yr - ₹4.6 L/yr |
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| |
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 |
|---|---|---|
 HDB Financial Services Credit Underwriter Salary
2 - 8 years exp. (22 salaries) | ₹2.1 L/yr - ₹4.6 L/yr 
6%
less | |
 Bajaj Finance Credit Underwriter Salary
2 - 9 years exp. (16 salaries) | ₹3 L/yr - ₹6.8 L/yr 
33%
more | |
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| ||
 Piramal Capital Housing Finance Credit Underwriter Salary
0 - 10 years exp. (9 salaries) | ₹2.5 L/yr - ₹6.5 L/yr
9%
more | |
 CreditAccess Grameen Credit Underwriter Salary
4 - 8 years exp. (8 salaries) | ₹3 L/yr - ₹5.4 L/yr
5%
more | |
 Aditya Birla Finance Credit Underwriter Salary
0 - 3 years exp. (7 salaries) | ₹2.6 L/yr - ₹7.5 L/yr
34%
more | |
 Home Credit Finance Credit Underwriter Salary
1 - 6 years exp. (7 salaries) | ₹3 L/yr - ₹4 L/yr
9%
less | |
 Shriram Finance Credit Underwriter Salary
0 - 9 years exp. (7 salaries) | ₹3 L/yr - ₹3.3 L/yr
13%
less | |
 Mahindra Finance Credit Underwriter Salary
3 - 7 years exp. (5 salaries) | ₹8 L/yr - ₹10 L/yr
152%
more | |
 L&T Finance Credit Underwriter Salary
4 - 9 years exp. (5 salaries) | ₹3.4 L/yr - ₹8 L/yr
27%
more | |
 Aavas Financiers Credit Underwriter Salary
0 - 2 years exp. (4 salaries) | ₹2.4 L/yr - ₹6 L/yr
2%
less | |
 Tata Motors Finance Credit Underwriter Salary
1 - 4 years exp. (4 salaries) | ₹1.6 L/yr - ₹3.5 L/yr
35%
less | |
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| ||
 Poonawalla Fincorp Credit Underwriter Salary
0 - 4 years exp. (4 salaries) | ₹1.9 L/yr - ₹6 L/yr
13%
more | |
 TVS Credit Credit Underwriter Salary
0 - 9 years exp. (3 salaries) | ₹1.2 L/yr - ₹4.8 L/yr
3%
less | |
 Tata Capital Credit Underwriter Salary
4 - 5 years exp. (3 salaries) | ₹4.2 L/yr - ₹6.5 L/yr
45%
more | |
 Muthoot Finance Credit Underwriter Salary
0 - 4 years exp. (3 salaries) | ₹2.8 L/yr - ₹5.5 L/yr
14%
more | |
Latest annual salaries shared by IIFL Finance Credit Underwriter
Experience wise IIFL Finance Credit Underwriter salaries
Last Updated: 19 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹6.4
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹4.5
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹4.1
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹3.7
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹6.5
L/yr
|
Similar Designation salaries in IIFL Finance
Top skills at IIFL Finance for Credit Underwriter
Salary related reviews for IIFL Finance
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IIFL Finance Credit Underwriter Salary FAQs
The top 10% of Credit Underwriter at IIFL Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Credit Underwriter Salaries at IIFL Finance 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+ IIFL Finance employees in India.
- - Credit Underwriting
- - Credit Evaluation
- - Business Loan
- - Underwriting
- - Credit Appraisal
These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.
| Mahindra Finance | ₹8.0 Lakhs to ₹10.0 Lakhs per year |
| Tata Capital | ₹4.2 Lakhs to ₹6.5 Lakhs per year |
| Aditya Birla Finance | ₹2.6 Lakhs to ₹7.5 Lakhs per year |
| Bajaj Finance | ₹3.0 Lakhs to ₹6.8 Lakhs per year |
| L&T Finance | ₹3.4 Lakhs to ₹8.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL Finance, depending on the role and experience level.
| Muthoot Finance | ₹2.8 Lakhs to ₹5.5 Lakhs per year |
| Poonawalla Fincorp | ₹1.9 Lakhs to ₹6.0 Lakhs per year |
| Piramal Capital Housing Finance | ₹2.5 Lakhs to ₹6.5 Lakhs per year |
| CreditAccess Grameen | ₹3.0 Lakhs to ₹5.4 Lakhs per year |
| Aavas Financiers | ₹2.4 Lakhs to ₹6.0 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.5 Lakhs to ₹6.4 Lakhs per year |
| 1 year | ₹2.8 Lakhs to ₹4.5 Lakhs per year |
| 2 years | ₹3.2 Lakhs to ₹4.1 Lakhs per year |
| 3 years | ₹1.4 Lakhs to ₹3.7 Lakhs per year |
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IIFL Finance Credit Underwriter Salaries by Location
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IIFL Finance Credit Underwriter salary
in
India
ranges between ₹2.8
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.