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India Shelter Finance Corporation Credit Underwriter salaries in India

Annual salary range
4 - 6 years exp.
₹2.9 Lakhs - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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17% less than the average Credit Underwriter Salary in NBFC Companies for 4 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Credit Underwriter Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Credit Underwriter Salary
6 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.2 L/yr

Risk Management & Compliance
Credit Underwriter Salary
6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Last Updated: 15 Aug 2024

Companies similar to India Shelter Finance Corporation for Credit Underwriter

Company name Avg Annual Salary Open Jobs
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Manba Finance Credit Underwriter Salary

0 - 8 years exp. (15 salaries)

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₹2 L/yr - ₹5 L/yr

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₹2 L/yr - ₹5.5 L/yr

arrow icon 26% less
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₹3 L/yr - ₹4.5 L/yr

arrow icon 6% less
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₹4.3 L/yr - ₹7 L/yr

arrow icon 21% more
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₹3 L/yr - ₹4 L/yr

arrow icon 20% less
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Hero FinCorp Credit Underwriter Salary

8 - 11 years exp. (5 salaries)

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₹6.3 L/yr - ₹19.5 L/yr

arrow icon 208% more
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₹2 L/yr - ₹3.3 L/yr

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₹2.2 L/yr - ₹7 L/yr

arrow icon 9% more
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₹3 L/yr - ₹4 L/yr

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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 39% more
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InCred Finance Credit Underwriter Salary

1 - 5 years exp. (4 salaries)

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₹2.8 L/yr - ₹4.2 L/yr

arrow icon 24% less
Credit Underwriter salary at India Shelter Finance Corporation ranges between ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of India Shelter Finance Corporation.

Latest annual salaries shared by India Shelter Finance Corporation Credit Underwriter

5mo ago
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6 years exp.
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6 years exp.
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5 years exp.
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4 years exp.

Experience wise India Shelter Finance Corporation Credit Underwriter salaries

Last Updated: 15 Aug 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr

Similar Designation salaries in India Shelter Finance Corporation

Credit Officer Salary
(5 salaries)
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₹2.5 L/yr - ₹3.3 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Credit Manager Salary
(92 salaries)
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₹2.9 L/yr - ₹6.5 L/yr
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₹5.9 L/yr - ₹12.5 L/yr
Branch Manager Salary
(157 salaries)
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₹2.8 L/yr - ₹8 L/yr
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₹2.1 L/yr - ₹3.7 L/yr
Sales Officer Salary
(8 salaries)
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₹2 L/yr - ₹3.8 L/yr
Deputy Manager Salary
(4 salaries)
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₹4.35 L/yr - ₹7.42 L/yr
Chief Manager Salary
(3 salaries)
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₹15.5 L/yr - ₹18 L/yr
Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Salary related reviews for India Shelter Finance Corporation

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Rated by 1 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 14 Jun 2021

5.0
 for  Salary and Benefits

Likes

...ment is transparent. Company policies are good and polite for achieving targets. Appraisals are fair and company give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

In company there are no any words to say about company dislike.

Sales & Business Development Department

5.0
  •  posted on 04 Apr 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing.

Relationship Management Department

2.0
  •  posted on 23 Sep 2020

5.0
 for  Salary and Benefits

Likes

Relationship counsller the work is very interesting me.

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 01 Jul 2019

4.0
 for  Salary and Benefits

Likes

Company gives a good learning, good scope to explore and give a good support to their employee.

  • Salary - Good
  • +5 more

Dislikes

Company did not pay more. Company pay below the industry average. I think money motivate us, so should pay at-least on industry average basis.

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Full Time

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Risk Management & Compliance Department

4.0
  •  posted on 21 Dec 2024

3.0
 for  Salary and Benefits

Likes

...can promote creativity, innovation, and a sense of belonging among employees. 5. *Competitive benefits and compensation*: ISFC might offer attractive salary packages, benefits, and perks that recognize and reward employees' hard work and contributions.

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  • Job security - Good
  • +2 more

Dislikes

1. _High stress levels_: Working in the financial sector, especially in a role related to housing finance, can be demanding and stressful. 2. _Bureaucratic processes_: Large organizations like ISFC might have complex administrative processes, which can be time-consuming and frustrating for employees. 3. _Limited flexibility_: Employees might experience limited flexibility in their work schedules, roles, or responsibilities, which can be constraining. 4. _Performance pressure_: Meeting sales targets, managing risk, and maintaining high performance standards can create pressure and anxiety for employees. 5. _Organizational changes_: ISFC, like any other organization, might undergo changes in leadership, policies, or procedures, which can create uncertainty and discomfort for employees.

read more
see more salary related reviews

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India Shelter Finance Corporation Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at India Shelter Finance Corporation ?
The average salary of a Credit Underwriter at India Shelter Finance Corporation in India typically ranges from ₹2.9 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Credit Underwriter at India Shelter Finance Corporation earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Credit Underwriter Salaries at India Shelter Finance Corporation 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 4 India Shelter Finance Corporation employees in India.
What is the estimated take home salary of a Credit Underwriter at India Shelter Finance Corporation in India?
The estimated take-home salary of a Credit Underwriter at India Shelter Finance Corporation in India typically ranges from ₹30,495 to ₹31,802 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years 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 4 salaries received from various employees of India Shelter Finance Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than India Shelter Finance Corporation for Credit Underwriter in India?
Hero FinCorp ₹6.3 Lakhs to ₹19.5 Lakhs per year
Tata Capital Housing Finance ₹3.6 Lakhs to ₹7.5 Lakhs per year
PNB Housing Finance ₹4.3 Lakhs to ₹7.0 Lakhs per year
Bajaj Housing Finance ₹2.2 Lakhs to ₹7.0 Lakhs per year

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

Sammaan Capital Limited ₹3.0 Lakhs to ₹4.5 Lakhs per year
Manba Finance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Home Credit Finance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Kogta Financial India Limited ₹3.0 Lakhs to ₹4.0 Lakhs per year
InCred Finance ₹2.8 Lakhs to ₹4.2 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 India Shelter Finance Corporation in India?
The salary growth for a Credit Underwriter at India Shelter Finance Corporation depends on factors such as experience, performance, and promotions. On average, a Credit Underwriter can expect the following growth trajectory at India Shelter Finance Corporation:

Experience Average Salary Range
4 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
6 years ₹3.3 Lakhs to ₹4.3 Lakhs per year
and so on.

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India Shelter Finance Corporation Credit Underwriter salary in India ranges between ₹2.9 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 India Shelter Finance Corporation latest salaries received from various employees of India Shelter Finance Corporation.