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Midland Microfin Limited Credit Underwriter salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹2 Lakhs - ₹3.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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50% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Underwriter Salary
2 - 5 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Risk Management & Compliance
Credit Underwriter Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Credit Underwriter Salary
Fresher (AmbitionBox Estimate)
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₹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
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Manba Finance Credit Underwriter Salary

0 - 8 years exp. (15 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 47% more
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₹2 L/yr - ₹5.5 L/yr

arrow icon 24% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 57% more
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₹4.3 L/yr - ₹7 L/yr

arrow icon 103% more
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₹3 L/yr - ₹4 L/yr

arrow icon 33% more
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Hero FinCorp Credit Underwriter Salary

8 - 11 years exp. (5 salaries)

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₹6.3 L/yr - ₹19.5 L/yr

arrow icon 416% more
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₹2.2 L/yr - ₹7 L/yr

arrow icon 83% more
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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 68% more
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₹3 L/yr - ₹4 L/yr

arrow icon 32% more
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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 134% more
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InCred Finance Credit Underwriter Salary

1 - 5 years exp. (4 salaries)

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₹2.8 L/yr - ₹4.2 L/yr

arrow icon 27% 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 5 years. Salary estimates are based on 5 latest salaries received from various employees of Midland Microfin Limited.

Latest annual salaries shared by Midland Microfin Limited Credit Underwriter

1mo ago
₹3.3 Lakhs
2 years exp.
1y ago
₹2 Lakhs
1 month exp.
1y ago
₹2.6 Lakhs
5 years exp.
1y ago
₹2.2 Lakhs
2 years exp.
1y ago
₹2.4 Lakhs
3 years exp.

Experience wise Midland Microfin Limited Credit Underwriter salaries

Last Updated: 2 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Midland Microfin Limited

Credit Officer Salary
(8 salaries)
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₹1.35 L/yr - ₹3.17 L/yr
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₹1.2 L/yr - ₹3 L/yr
Credit Analyst Salary
(3 salaries)
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₹2 L/yr - ₹3.5 L/yr
Credit Manager Salary
(4 salaries)
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₹3.5 L/yr - ₹4.5 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Branch Manager Salary
(30 salaries)
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₹1.95 L/yr - ₹5.23 L/yr
Sales Officer Salary
(3 salaries)
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₹1.5 L/yr - ₹3.15 L/yr
Deputy Manager Salary
(14 salaries)
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₹5.15 L/yr - ₹11 L/yr
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₹2.5 L/yr - ₹4.5 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Midland Microfin Limited

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,

read more
  • Salary - Good
  • +6 more

Dislikes

Salary of HR’s are comparatively less than others.

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.

read more
  • Salary - Excellent
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Three months notice period.

Banking Department

5.0
  •  posted on 02 Apr 2021

4.0
 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.

read more
  • Salary - Good
  • +6 more

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.

read more

Full Time

 · 

Other Department

1.0
  •  posted on 25 Oct 2024

2.0
 for  Salary and Benefits

Likes

Nothing to like there

Dislikes

Everything, they just tricking their employees, too much micro management their, management doesn't know how to behave professionally, working in midland like working under a lala company where only leader and his chaatu employees are getting good growth.

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Midland Microfin Limited Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Midland Microfin Limited ?
The average salary of a Credit Underwriter at Midland Microfin Limited in India typically ranges from ₹2.0 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Credit Underwriter at Midland Microfin Limited earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Credit Underwriter Salaries at Midland Microfin Limited 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 Midland Microfin Limited employees in India.
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 in India typically ranges from ₹17,139 to ₹18,845 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.3 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 5 salaries received from various employees of Midland Microfin Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Midland Microfin Limited for Credit Underwriter in India?
Hero FinCorp ₹6.3 Lakhs to ₹19.5 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
Bajaj Housing Finance ₹2.2 Lakhs to ₹7.0 Lakhs per year
India Shelter Finance Corporation ₹2.9 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Midland Microfin Limited, depending on the role and experience level.
What is the salary of a Credit Underwriter in companies similar to Midland Microfin Limited in India?
The salary of a Credit Underwriter at companies similar to Midland Microfin Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited ₹3.0 Lakhs to ₹4.5 Lakhs per year
Manba Finance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Home Credit Finance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Kogta Financial India Limited ₹3.0 Lakhs to ₹4.0 Lakhs per year
InCred Finance ₹2.8 Lakhs to ₹4.2 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 Midland Microfin Limited in India?
The salary growth for a Credit Underwriter at Midland Microfin Limited depends on factors such as experience, performance, and promotions. On average, a Credit Underwriter can expect the following growth trajectory at Midland Microfin Limited:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹2.5 Lakhs per year
1 year ₹2.1 Lakhs to ₹2.6 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

Tell us how to improve this page.

Midland Microfin Limited Credit Underwriter salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.