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

1 - 6 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

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
Muthoot Finance Credit Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 6% less
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 28% less
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L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 5% more
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 108% more
Bajaj Finance Credit Underwriter Salary 2 - 9 years exp. (16 salaries)	₹3 L/yr - ₹6.8 L/yr 10% more
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (122 salaries)	₹2.5 L/yr - ₹11 L/yr 64% more
Edelweiss Credit Underwriter Salary 2 - 3 years exp. (4 salaries)	₹3.1 L/yr - ₹8.4 L/yr 36% more
Tata Capital Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 33% more
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 11% less
PNB Housing Finance Credit Underwriter Salary 0 - 1 year exp. (7 salaries)	₹4.3 L/yr - ₹7 L/yr 15% more
Kogta Financial India Limited Credit Underwriter Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 25% less
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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 - ₹3.5 L/yr 40% 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

(57 salaries)

₹1.3 L/yr - ₹4.15 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Credit Manager Salary

(26 salaries)

₹2.75 L/yr - ₹7 L/yr

Area Credit Manager Salary

(43 salaries)

₹5.75 L/yr - ₹16 L/yr

Branch Manager Salary

(61 salaries)

₹3.1 L/yr - ₹10.5 L/yr

Sales Officer Salary

(12 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 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

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

Associate in Tenkasi

Marketing & Communication Department

3.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

Job security and career growth and work satisfaction

Skill development - Good

Dislikes

There is a lot of politics and management doesn't address our issues.salary is decent but career growth is slow.I am working in 2yrs above no improve the job growth.

Job security - Poor

+1 more

Area Manager in Jodhpur

BFSI, Investments & Trading Department

5.0

• posted on 16 May 2021

5.0

for Salary and Benefits

Likes

...e 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

Salary - Excellent

+6 more

Dislikes

Threr is lot of politics and the management doesn't address our issue

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Indostar Capital Finance Credit Underwriter Salary FAQs

What is the notice period for Credit Underwriter at Indostar Capital Finance?

According to AmbitionBox, 50% of the Indostar Capital Finance Credit Underwriters reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.