IndusInd Bank Credit Underwriter Salaries by 4 Employees (Updated 2025)

0 - 5 years exp.

₹2.4 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

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30% less than the average Credit Underwriter Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to IndusInd Bank for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (139 salaries)	Unlock ₹2.7 L/yr - ₹11 L/yr 111% more
ICICI Bank Credit Underwriter Salary 1 - 8 years exp. (26 salaries)	Unlock ₹1.6 L/yr - ₹10.6 L/yr 89% more
Login to view exact salary
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	Unlock ₹2.6 L/yr - ₹7 L/yr 52% more
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	Unlock ₹1.8 L/yr - ₹8.5 L/yr 17% more
Yes Bank Credit Underwriter Salary 0 - 5 years exp. (10 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 6% less
Federal Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹20 L/yr 236% more
RBL Bank Credit Underwriter Salary 1 - 7 years exp. (11 salaries)	Unlock ₹2.2 L/yr - ₹11.5 L/yr 108% more
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	Unlock ₹3.7 L/yr - ₹9.8 L/yr 107% more
Bandhan Bank Credit Underwriter Salary 0 - 6 years exp. (62 salaries)	Unlock ₹2.8 L/yr - ₹8.5 L/yr 24% more
DCB Bank Credit Underwriter Salary 2 - 9 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹6 L/yr 27% more
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (183 salaries)	Unlock ₹1.5 L/yr - ₹5.1 L/yr 11% more
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Standard Chartered Credit Underwriter Salary 1 - 5 years exp. (6 salaries)	Unlock ₹3.3 L/yr - ₹4.3 L/yr 9% more
AU Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr 14% less
Equitas Small Finance Bank Credit Underwriter Salary 2 - 7 years exp. (4 salaries)	Unlock ₹3.3 L/yr - ₹3.7 L/yr 3% more
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹5.2 L/yr 11% more
IDBI Bank Credit Underwriter Salary 5 - 14 years exp. (4 salaries)	Unlock ₹7.5 L/yr - ₹25 L/yr 414% more
Deutsche Bank Credit Underwriter Salary 5 - 12 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹22 L/yr 361% more

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Credit Underwriter salary at IndusInd Bank ranges between ₹2.4 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Credit Underwriter salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.7 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹1.3 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹6.2 L/yr

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Salary related reviews for IndusInd Bank

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Salary - Good

+5 more

Dislikes

Salary and Appraisal.

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Salary - Poor

+3 more

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

Salary - Poor

+6 more

Branch Manager in Kochi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

Salary - Bad

+6 more

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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IndusInd Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at IndusInd Bank?

Credit Underwriter salary at IndusInd Bank in India ranges between ₹2.4 Lakhs to ₹3.7 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 30% less than the average Credit Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank India.

How does the salary of a Credit Underwriter at IndusInd Bank India compare with the average salary range for this job?

The average salary of a Credit Underwriter at IndusInd Bank is 30% less than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Credit Underwriter in India?

IDBI Bank Credit Underwriter Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank Credit Underwriter Salary - ₹4.5 Lakhs to ₹22.0 Lakhs per year
Federal Bank Credit Underwriter Salary - ₹3.5 Lakhs to ₹20.0 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹2.7 Lakhs to ₹11.0 Lakhs per year
RBL Bank Credit Underwriter Salary - ₹2.2 Lakhs to ₹11.5 Lakhs per year

What is the salary of a Credit Underwriter in companies similar to IndusInd Bank in India?

IDFC FIRST Bank Credit Underwriter Salary - ₹3.7 Lakhs to ₹9.8 Lakhs per year
ICICI Bank Credit Underwriter Salary - ₹1.6 Lakhs to ₹10.6 Lakhs per year
Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
DCB Bank Credit Underwriter Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
Bandhan Bank Credit Underwriter Salary - ₹2.8 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at IndusInd Bank in India?

The estimated take-home salary of a Credit Underwriter at IndusInd Bank ranges between ₹24,362 per month to ₹25,810 per month in India. The take-home salary calculation is based on the average IndusInd Bank Credit Underwriter salary in India which ranges between ₹2.4 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at IndusInd Bank?

According to AmbitionBox, 50% of the IndusInd Bank Credit Underwriters reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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IndusInd Bank Credit Underwriter Salaries

IndusInd Bank Credit Underwriter salary in India ranges between ₹2.4 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.