Manba Finance Credit Underwriter Salaries by 10+ Employees (Updated 2025)

0 - 8 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

27% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 2 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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BFSI, Investments & Trading Credit Underwriter Salary 2 - 8 years exp. (6 salaries)	₹2 L/yr - ₹5 L/yr

Last Updated: 10 Mar 2025

Companies similar to Manba Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Underwriter Salary 2 - 9 years exp. (16 salaries)	₹3 L/yr - ₹6.8 L/yr 33% more
HDB Financial Services Credit Underwriter Salary 2 - 8 years exp. (22 salaries)	₹2.1 L/yr - ₹4.6 L/yr 6% less
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Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 151% more
Tata Capital Credit Underwriter Salary 4 - 5 years exp. (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr 45% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 27% more
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 13% less
Muthoot Finance Credit Underwriter Salary 0 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 14% more
IIFL Finance Credit Underwriter Salary 0 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹4.6 L/yr At par
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 7% more
PNB Housing Finance Credit Underwriter Salary 0 - 2 years exp. (7 salaries)	₹4.3 L/yr - ₹7 L/yr 38% more
Kogta Financial India Limited Credit Underwriter Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 10% 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 59% more
Aavas Financiers Credit Underwriter Salary 0 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 2% less
Poonawalla Fincorp Credit Underwriter Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹6 L/yr 13% more

Credit Underwriter salary at Manba Finance ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 15 latest salaries received from various employees of Manba Finance.

Experience wise Manba Finance Credit Underwriter salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
3 years (3 salaries)	₹2 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7 L/yr
6 years (3 salaries)	₹3 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.7 L/yr

View all

Similar Designation salaries in Manba Finance

Credit Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Credit Executive Salary

(5 salaries)

₹2 L/yr - ₹2.91 L/yr

Credit Manager Salary

(4 salaries)

₹3.66 L/yr - ₹8 L/yr

Branch Manager Salary

(5 salaries)

₹3 L/yr - ₹4.4 L/yr

Sales Officer Salary

(7 salaries)

₹1.95 L/yr - ₹3 L/yr

Deputy Manager Salary

(5 salaries)

₹4.5 L/yr - ₹6.5 L/yr

Chief Manager Salary

(4 salaries)

₹15 L/yr - ₹21 L/yr

Sales Manager Salary

(6 salaries)

₹4.2 L/yr - ₹6.1 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Relationship Manager Salary

(8 salaries)

₹2.72 L/yr - ₹3.93 L/yr

Top skills at Manba Finance for Credit Underwriter

Credit Underwriting Credit Evaluation Finance Sales Operations Sourcing Customer Experience Screening Cross Functional Coordination Sanction Credit Processing Credit Policy Credit Assessment Credit Appraisal Credit Analysis Credit Underwriting

Salary related reviews for Manba Finance

2.6

Rated by 4 employees for salary & benefits

Assistant Manager - Personal Loan Sales Business Loan in Thane

Full Time

Sales & Business Development Department

2.0

• posted on 15 Sep 2023

1.0

for Salary and Benefits

Likes

- On time salary

Dislikes

- Office IN time is fixed but leaving time not fixed ( if your target not achieved you have to seat till 9 o'clock) - unhygienic washroom ( don't provide tissues & hand wash) - Bad Hr team ( always seen unnecessary deduction in staff's salary). - old staffs are not good ( harrassing new staff) - every where seen partiality by HOD

Salary - Bad

+5 more

Back Office Executive in Thane

Other Department

4.0

• posted on 29 Jun 2022

3.0

for Salary and Benefits

Likes

...ment is transparent there 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

Company culture - Excellent

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow .there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Skill development - Poor

+2 more

Senior Accounts Executive in Thane

Finance & Accounting Department

4.0

• posted on 14 Oct 2020

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. HR has organised some special game and other events on each n every festival. appraisal are not much but giving bonus on every year.

Skill development - Excellent

+4 more

Dislikes

...of work load due to work pendency and the management doesn't address our issues. Career growth is there but salary is not decent.

Work-life balance - Poor

Back Office Cum Customer Support

Legal & Regulatory Department

1.0

• posted on 09 Sep 2017

1.0

for Salary and Benefits

Likes

Manba is very fraud company they not value old employees gives so many burdan of works and gives less Salary . And new employees they provides more Salary without any verification. Manager and staff was very bad not dont having manners how to taik management was also useless not any Support

Dislikes

Salary - Bad
Skill development - Bad

+5 more

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 13 Feb 2025

1.0

for Salary and Benefits

Likes

The disbursement manager is always understanding, and the work may support.

Dislikes

Late seating for girls has been kept till 11.30, and if you keep late seating, then keep the security of the girls. /Computer hangs a lot

Salary - Bad

+4 more

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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Manba Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Manba Finance ?

The average salary of a Credit Underwriter at Manba Finance in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Credit Underwriter at Manba Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Credit Underwriter Salaries at Manba 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 10+ Manba Finance employees in India.

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

The estimated take-home salary of a Credit Underwriter at Manba Finance in India typically ranges from ₹26,399 to ₹27,817 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 10+ salaries received from various employees of Manba 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 Manba Finance ?

To be a Credit Underwriter at Manba Finance in india, the key skills required include:

- Credit Underwriting
- Credit Evaluation
- Finance
- Sales Operations
- Sourcing

These skills are highly valued at Manba Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Manba 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
Tata Capital	₹4.2 Lakhs to ₹6.5 Lakhs per year
PNB Housing Finance	₹4.3 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance	₹3.0 Lakhs to ₹6.8 Lakhs per year

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

What is the salary of a Credit Underwriter in companies similar to Manba Finance in India?

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

L&T Finance	₹3.4 Lakhs to ₹8.0 Lakhs per year
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
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 Manba Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹2.8 Lakhs per year
1 year	₹2.5 Lakhs to ₹4.9 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹2.0 Lakhs to ₹6.0 Lakhs per year

and so on.

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Manba Finance Credit Underwriter Salaries

Manba Finance Credit Underwriter salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Manba Finance latest salaries received from various employees of Manba Finance.