IndusInd Bank Credit Underwriter Salaries by 4 Employees

0 - 5 years exp.

₹2.4 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Credit Underwriter Salary in Banking Companies for 0 - 5 years of experience

Interested in this particular role?

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. (138 salaries)	₹2.6 L/yr - ₹11 L/yr 110% more
ICICI Bank Credit Underwriter Salary 1 - 8 years exp. (26 salaries)	₹1.2 L/yr - ₹10.6 L/yr 84% more
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Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 52% more
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	₹1.8 L/yr - ₹8.5 L/yr 17% more
Yes Bank Credit Underwriter Salary 0 - 6 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 6% less
Federal Bank Credit Underwriter Salary 2 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹20 L/yr 236% more
RBL Bank Credit Underwriter Salary 1 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹11.5 L/yr 108% more
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	₹3.7 L/yr - ₹9.8 L/yr 107% more
Bandhan Bank Credit Underwriter Salary 0 - 2 years exp. (53 salaries)	₹2 L/yr - ₹9 L/yr 23% more
DCB Bank Credit Underwriter Salary 2 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 27% more
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (178 salaries)	₹1.5 L/yr - ₹5.1 L/yr 11% more
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Standard Chartered Credit Underwriter Salary 1 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹4.3 L/yr 9% more
AU Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 14% less
IDBI Bank Credit Underwriter Salary 5 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹25 L/yr 414% more
Equitas Small Finance Bank Credit Underwriter Salary 2 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹3.7 L/yr 3% more
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 11% more
Deutsche Bank Credit Underwriter Salary 5 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹22 L/yr 361% more

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)	₹1.2 L/yr - ₹3.7 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr

View all

Similar Designation salaries in IndusInd Bank

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₹4.1 L/yr - ₹15.75 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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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IndusInd Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at IndusInd Bank ?

The average salary of a Credit Underwriter at IndusInd Bank in India typically ranges from ₹2.4 Lakhs to ₹3.7 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Credit Underwriter at IndusInd Bank earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Credit Underwriter Salaries at IndusInd Bank 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 IndusInd Bank employees in India.

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 in India typically ranges from ₹24,362 to ₹25,810 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from Fresher to 5 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 IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for Credit Underwriter in India?

IDBI Bank	₹7.5 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank	₹4.5 Lakhs to ₹22.0 Lakhs per year
Federal Bank	₹3.5 Lakhs to ₹20.0 Lakhs per year
HDFC Bank	₹2.6 Lakhs to ₹11.0 Lakhs per year
RBL Bank	₹2.2 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.

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

The salary of a Credit Underwriter at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹3.7 Lakhs to ₹9.8 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹10.6 Lakhs per year
Axis Bank	₹2.6 Lakhs to ₹7.0 Lakhs per year
DCB Bank	₹2.4 Lakhs to ₹6.0 Lakhs per year
Bandhan Bank	₹2.0 Lakhs to ₹9.0 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.

How the salary growth look like for a Credit Underwriter at IndusInd Bank in India?

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

Experience	Average Salary Range
Fresher	₹1.2 Lakhs to ₹3.7 Lakhs per year
1 year	₹2.8 Lakhs to ₹3.6 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹1.3 Lakhs to ₹3.7 Lakhs per year

and so on.

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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.