Midland Microfin Limited Credit Underwriter Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹2 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Risk Management & Compliance Credit Underwriter Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.3 L/yr
BFSI, Investments & Trading Credit Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
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Customer Success, Service & Operations Credit Underwriter Salary Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 2 Jan 2025

Companies similar to Midland Microfin Limited for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Bandhan Bank Credit Underwriter Salary 0 - 6 years exp. (62 salaries)	₹2 L/yr - ₹8.5 L/yr 90% more
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (189 salaries)	₹1.5 L/yr - ₹5.1 L/yr 56% more
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Equitas Small Finance Bank Credit Underwriter Salary 2 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹3.7 L/yr 48% more
CreditAccess Grameen Credit Underwriter Salary 4 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.4 L/yr 62% more
Shubham Housing Development Finance Credit Underwriter Salary 1 - 6 years exp. (14 salaries)	₹2 L/yr - ₹5.5 L/yr 31% more
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 41% more
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 66% more
Hero FinCorp Credit Underwriter Salary 4 - 12 years exp. (6 salaries)	₹1.1 L/yr - ₹8 L/yr 103% more
PNB Housing Finance Credit Underwriter Salary 0 - 1 year exp. (6 salaries)	₹4.3 L/yr - ₹7 L/yr 112% more
Bajaj Housing Finance Credit Underwriter Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹7 L/yr 93% more
India Shelter Finance Corporation Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4.5 L/yr 77% more
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Kogta Financial India Limited Credit Underwriter Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 40% more
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 147% more
InCred Finance Credit Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 34% more

Credit Underwriter salary at Midland Microfin Limited ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Midland Microfin Limited.

Experience wise Midland Microfin Limited Credit Underwriter salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.8 L/yr

Similar Designation salaries in Midland Microfin Limited

Credit Officer Salary

(8 salaries)

₹1.35 L/yr - ₹3.17 L/yr

Credit Executive Salary

(35 salaries)

₹1.2 L/yr - ₹3 L/yr

Credit Analyst Salary

(3 salaries)

₹2 L/yr - ₹3.5 L/yr

Credit Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Branch Manager Salary

(29 salaries)

₹1.95 L/yr - ₹5.23 L/yr

Sales Officer Salary

(3 salaries)

₹1.5 L/yr - ₹3.15 L/yr

Deputy Manager Salary

(14 salaries)

₹5.15 L/yr - ₹11 L/yr

Senior Credit Officer Salary

(3 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Midland Microfin Limited

2.0

Rated by 1 employees for salary & benefits

Management Associate in Jalandhar

Full Time

Finance & Accounting Department

3.0

• posted on 04 Oct 2023

3.0

for Salary and Benefits

Likes

That you can directly approach to the senior management and they are very accessible.

Company culture - Good

Dislikes

No leaves, no overtime pay, very strict in leaves , not even giving second Saturday off which is mandatory , that leads to employee burnout and ultimately the resignation .Can create a much better leave structure for mental well being of client.

Job security - Poor

+1 more

Deputy Vice in Jalandhar

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 31 Oct 2023

5.0

for Salary and Benefits

Likes

... system to the customers and employees Friendly loan products to the customers Salary and other benefits to the employees Annually and half yearly Appraisals and promotions Personal and professionally development and learning Company culture and work satisfaction Job security Company infrastructure at the branches

Salary - Excellent

+6 more

Dislikes

HR Executive in Noida

Intern

Human Resources Department

5.0

• posted on 14 Jul 2024

4.0

for Salary and Benefits

Likes

Senior management is very helpful, company culture is good and lively, no discrimination among genders, equal opportunities for all, office timings are perfect,

Salary - Good

+6 more

Dislikes

Salary of HR’s are comparatively less than others.

Branch Credit And Risk Manager in Raikot

Other Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

...gement 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.

Salary - Excellent

+6 more

Assistant Manager Finance & Accounts in Jalandhar

Finance & Accounting Department

5.0

• posted on 09 Apr 2021

5.0

for Salary and Benefits

Likes

...gement 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.

Salary - Excellent

+6 more

Dislikes

Three months notice period.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Midland Microfin Limited Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Midland Microfin Limited?

Credit Underwriter salary at Midland Microfin Limited in India ranges between ₹2.0 Lakhs to ₹3.3 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 51% less than the average Credit Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Midland Microfin Limited India.

How does the salary of a Credit Underwriter at Midland Microfin Limited India compare with the average salary range for this job?

The average salary of a Credit Underwriter at Midland Microfin Limited is 51% 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 Midland Microfin Limited to a Credit Underwriter in India?

Tata Capital Housing Finance Credit Underwriter Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
PNB Housing Finance Credit Underwriter Salary - ₹4.3 Lakhs to ₹7.0 Lakhs per year
Hero FinCorp Credit Underwriter Salary - ₹1.1 Lakhs to ₹8.0 Lakhs per year
Bajaj Housing Finance Credit Underwriter Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
Bandhan Bank Credit Underwriter Salary - ₹2.0 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Credit Underwriter in companies similar to Midland Microfin Limited in India?

India Shelter Finance Corporation Credit Underwriter Salary - ₹2.9 Lakhs to ₹4.5 Lakhs per year
Sammaan Capital Limited Credit Underwriter Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
CreditAccess Grameen Credit Underwriter Salary - ₹3.0 Lakhs to ₹5.4 Lakhs per year
Jana Small Finance Bank Credit Underwriter Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
Equitas Small Finance Bank Credit Underwriter Salary - ₹3.3 Lakhs to ₹3.7 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at Midland Microfin Limited in India?

The estimated take-home salary of a Credit Underwriter at Midland Microfin Limited ranges between ₹16,149 per month to ₹17,815 per month in India. The take-home salary calculation is based on the average Midland Microfin Limited Credit Underwriter salary in India which ranges between ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at Midland Microfin Limited?

According to AmbitionBox, 67% of the Midland Microfin Limited Credit Underwriters reported a notice period of 2 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Midland Microfin Limited Credit Underwriter Salaries

Midland Microfin Limited Credit Underwriter salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.