L&T Finance Credit Underwriter Salaries by 5 Employees

4 - 9 years exp.

₹3.4 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹4.6 Lakhs

Variable (0%)

₹0.0

8% less than the average Credit Underwriter Salary in NBFC Companies for 4 - 9 years of experience

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Last Updated: 18 Apr 2024

Companies similar to L&T Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Credit Underwriter Salary 0 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹4.6 L/yr 21% less
CreditAccess Grameen Credit Underwriter Salary 4 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.4 L/yr 18% less
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Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 16% less
PNB Housing Finance Credit Underwriter Salary 0 - 2 years exp. (7 salaries)	₹4.3 L/yr - ₹7 L/yr 9% more
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 32% less
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 98% more
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 25% more
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 23% less
Poonawalla Fincorp Credit Underwriter Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹6 L/yr 11% less
TVS Credit Credit Underwriter Salary 0 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 24% less
Muthoot Finance Credit Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 11% less
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Credit Underwriter salary at L&T Finance ranges between ₹3.4 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Credit Underwriter salaries

Last Updated: 18 Apr 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.8 L/yr
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6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.1 L/yr

View all

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Top skills at L&T Finance for Credit Underwriter

Credit Underwriting

Salary related reviews for L&T Finance

2.9

Rated by 2 employees for salary & benefits

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Salary - Good

+1 more

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Job security - Bad

+4 more

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Salary - Good

+1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Job security - Poor

+1 more

Branch Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Jan 2023

4.0

for Salary and Benefits

Likes

If you work well the company give quik promotion and good salary, Company s salary good but , benifits very worst

Salary - Good

+1 more

Dislikes

Hr benifits very worst, the higher or reporting manager are very worst people most. They like personal vanchens only.The company like employees benefits, but the reporting manager are don't care about employees benefits.communication lag in hr and employees, hr support only Regional manager concern about employees.No benifits for work this. Organisation.

Job security - Bad

+1 more

Branch Manager in Mysuru / Mysore

Branch maneger Department

5.0

• posted on 28 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling company

Salary - Good

+5 more

Dislikes

There is a lot of plolitices and the management doesn't address our issues salary is decent but career grouth is slow there is a beautiful ND of 5 years before which 4th of cannot resign on the job

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

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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L&T Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at L&T Finance ?

The average salary of a Credit Underwriter at L&T Finance in India typically ranges from ₹3.4 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Credit Underwriter at L&T Finance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Credit Underwriter Salaries at L&T Finance 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 5 L&T Finance employees in India.

What is the estimated take home salary of a Credit Underwriter at L&T Finance in India?

The estimated take-home salary of a Credit Underwriter at L&T Finance in India typically ranges from ₹34,219 to ₹35,470 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 5 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Underwriter at L&T Finance ?

Credit Underwriting is a popular skill required to work as a Credit Underwriter at L&T Finance.

Which companies offer higher salaries than L&T Finance for Credit Underwriter in India?

Mahindra Finance	₹8.0 Lakhs to ₹10.0 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

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

What is the salary of a Credit Underwriter in companies similar to L&T Finance in India?

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

Muthoot Finance	₹2.8 Lakhs to ₹5.5 Lakhs per year
Poonawalla Fincorp	₹1.9 Lakhs to ₹6.0 Lakhs per year
Sammaan Capital Limited	₹3.0 Lakhs to ₹4.5 Lakhs per year
CreditAccess Grameen	₹3.0 Lakhs to ₹5.4 Lakhs per year
IIFL Finance	₹2.8 Lakhs to ₹4.6 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 L&T Finance in India?

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

Experience	Average Salary Range
4 years	₹3.4 Lakhs to ₹7.4 Lakhs per year
5 years	₹3.4 Lakhs to ₹7.8 Lakhs per year
6 years	₹3.4 Lakhs to ₹8.0 Lakhs per year
7 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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L&T Finance Credit Underwriter Salaries

L&T Finance Credit Underwriter salary in India ranges between ₹3.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.