Indostar Capital Finance Credit Underwriter Salaries by 3 Employees (Updated 2025)

1 - 6 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Credit Underwriter Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.2 L/yr
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BFSI, Investments & Trading Credit Underwriter Salary 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 17 Feb 2025

Companies similar to Indostar Capital Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Manba Finance Credit Underwriter Salary 0 - 8 years exp. (15 salaries)	₹2 L/yr - ₹5 L/yr 17% less
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 11% less
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PNB Housing Finance Credit Underwriter Salary 0 - 1 year exp. (6 salaries)	₹4.3 L/yr - ₹7 L/yr 16% more
Kogta Financial India Limited Credit Underwriter Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 25% less
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 32% more
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 19% less
Poonawalla Fincorp Credit Underwriter Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹6 L/yr 6% less

Credit Underwriter salary at Indostar Capital Finance ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Indostar Capital Finance.

Experience wise Indostar Capital Finance Credit Underwriter salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Indostar Capital Finance

Credit Officer Salary

(14 salaries)

₹2 L/yr - ₹4.5 L/yr

Credit Executive Salary

(58 salaries)

₹1.6 L/yr - ₹4.15 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Credit Manager Salary

(24 salaries)

₹2.75 L/yr - ₹7 L/yr

Area Credit Manager Salary

(41 salaries)

₹5.75 L/yr - ₹16 L/yr

Branch Manager Salary

(66 salaries)

₹3.1 L/yr - ₹10.5 L/yr

Sales Officer Salary

(13 salaries)

₹2 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(15 salaries)

₹2.8 L/yr - ₹8.65 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Salary related reviews for Indostar Capital Finance

Branch Credit Manager in Mandi Dabwali

Full Time

Finance & Accounting Department

5.0

• posted on 06 Mar 2025

4.0

for Salary and Benefits

Likes

Having work life balance is good also have good company culture

Salary - Good

+6 more

Dislikes

HR not respond on time. My salary was hold due to my reporting manager not approve my leave timely, so i had urgent need of salary , i am doing email and also call to HR for release my salary but not any resolution done.

Branch Manager in Kota, Rajasthan

Finance & Accounting Department

4.0

• posted on 21 Aug 2020

3.0

for Salary and Benefits

Likes

I thanks to Indostar Capital as we have got full salary in Covid-19 for smooth going survival.

Dislikes

This place specially Rajasthan is not good for better future, here seniors are not co operative and they make difference between IIFL and ICFL Team members.

Job security - Bad

+3 more

Area Business Head in Gwalior

Full Time

Sales & Business Development Department

4.0

• posted on 06 Mar 2025

5.0

for Salary and Benefits

Likes

Salary giving on time. Also heard about that company gives good increment & Promotions.

Salary - Excellent

+2 more

Dislikes

My Manager Mr Rizvan Quereshi is not supporting and never motivate to team, He is behave like Boss instead of leader. He should be polite and work together. Other all things are good. He is pressurise to work on Saturday even Sunday on beginning of Months

Field Sales Officer in Bongaigaon City

Full Time

Finance & Accounting Department

4.0

• posted on 09 Dec 2024

4.0

for Salary and Benefits

Likes

While working here i can balance my work and life and salary and benefits is also satisfactory, company culture is also good here and promotion and appraisal is given in appropriate time.

Salary - Good

+6 more

Dislikes

Defiantly not..

Branch Head in Dhupguri

Full Time

Finance & Accounting Department

5.0

• posted on 14 Dec 2023

2.0

for Salary and Benefits

Likes

It's has future but need to take strong decisions regarding BUISNESS improvement also decision making Empowerment to ground level employees.

Dislikes

Salary not matched with my Designation as per my education ad well as my experience.

Salary - Poor

+1 more

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indostar Capital Finance Credit Underwriter Salary FAQs

How the salary growth look like for a Credit Underwriter at Indostar Capital Finance in India?

The salary growth for a Credit Underwriter at Indostar Capital Finance depends on factors such as experience, performance, and promotions. On average, a Credit Underwriter can expect the following growth trajectory at Indostar Capital Finance:

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Indostar Capital Finance Credit Underwriter Salaries

Indostar Capital Finance Credit Underwriter salary in India ranges between ₹3.9 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Indostar Capital Finance latest salaries received from various employees of Indostar Capital Finance.