Poonawalla Fincorp Credit Underwriter Salaries by 4 Employees (Updated 2024)

0 - 6 years exp.

₹1.9 Lakh - ₹6.4 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹6 L/yr
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Finance & Accounting Credit Underwriter Salary Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 7 Dec 2023

Companies similar to Poonawalla Fincorp for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Underwriter Salary 0 - 6 years exp. (17 salaries)	₹3.5 L/yr - ₹7 L/yr 17% more
HDFC Bank Credit Underwriter Salary 0 - 9 years exp. (146 salaries)	₹2 L/yr - ₹11.1 L/yr 58% more
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ICICI Bank Credit Underwriter Salary 0 - 6 years exp. (24 salaries)	₹1.2 L/yr - ₹9.1 L/yr 16% more
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹8.5 L/yr 7% less
Tata Capital Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 33% more
Edelweiss Credit Underwriter Salary 2 - 3 years exp. (4 salaries)	₹3.1 L/yr - ₹8.4 L/yr 37% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 6% more
Mahindra Finance Credit Underwriter Salary 2 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹8.5 L/yr 28% more
Shriram Finance Credit Underwriter Salary 3 - 14 years exp. (7 salaries)	₹1.8 L/yr - ₹3.3 L/yr 41% less
Sammaan Capital Limited Credit Underwriter Salary 1 - 7 years exp. (10 salaries)	₹3 L/yr - ₹5.5 L/yr 10% less
CreditAccess Grameen Credit Underwriter Salary 4 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.4 L/yr 13% less
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IIFL Finance Credit Underwriter Salary 1 - 8 years exp. (7 salaries)	₹2.8 L/yr - ₹4.6 L/yr 26% less
PNB Housing Finance Credit Underwriter Salary 0 - 1 year exp. (5 salaries)	₹4.3 L/yr - ₹7 L/yr 15% more
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 32% more
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 30% less
TVS Credit Credit Underwriter Salary 0 - 8 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 20% less

Credit Underwriter salary at Poonawalla Fincorp ranges between ₹1.9 Lakh to ₹6.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp Credit Underwriter salaries

Last Updated: 7 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.1 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.4 L/yr

View all

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Salary related reviews for Poonawalla Fincorp

5.0

Rated by 1 employees for salary & benefits

Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

The salary benifits such as incentive is good

Dislikes

The work culture of the company is very bad the way boss talk with there employes are worst they even call at mid night and shout with out any reason they do the same thing whole day.

Sales Manager in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 29 Oct 2023

5.0

for Salary and Benefits

Likes

Salary on time

Dislikes

HR is only for hiring. Lot of pressure for target. After 20th of every month, you have to come to the office and work even on holidays, and you don't get any compensation for it. But this culture has now become common across all NBFC .

Deputy Manager in Begusarai

Other Department

5.0

• posted on 22 Sep 2019

4.0

for Salary and Benefits

Likes

Yes, Good culture in magma with all vertical.

Dislikes

Some times to see some here is no value for our old staff. Same position working and good performance giving after that new staff salary is high and old staff has to low. request to our management at list keep near. other this staff demotivate. pls need to revise. if any one person work with organisation from long time this is not good.

Digital Marketing Manager in Pune

Full Time

Marketing & Communication Department

1.0

• posted on 03 Sep 2024

2.0

for Salary and Benefits

Likes

Only salary on time

Dislikes

Manager spends whole time on twitter, Instagram and they expect other people should work on their behalf. He feels like he is son in law of the company and no one is looking at him but it’s nothing like that everyone knows that he is doing nothing at all.

Senior Regional Credit Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Jul 2023

1.0

for Salary and Benefits

Likes

Salary and Incentives structures frequently changed All days are working despite mentioned as holidays as per calendar Politics in promotions. its hire and fire. There is no Human values. Dignity is least. Zero skill development. They suck your blood and there after they kick you out ruthlessly. Sponsoring events they buy trophies as Best Brand to Work, Great Place to Work etc. Worst working culture. No one who knows this organization would join. Despite decent hikes were offered, no one is willing to join. People who left were offered 30% hikes still not joined back. So company is doing Campus recruitment as no once would know the situation of the company. Huge attrition numbers speaks the Cultue

Dislikes

People with high pride with zero ground knowledge are running the company. Poor decisioning skills. all the decision taken in last 2 years have failed. Building book by acquiring portfolios of small companies Or Co-funding methods. It is not actual Organic growth

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Poonawalla Fincorp Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Poonawalla Fincorp?

Credit Underwriter salary at Poonawalla Fincorp in India ranges between ₹1.9 Lakhs to ₹6.4 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 8% less than the average Credit Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Poonawalla Fincorp India.

How does the salary of a Credit Underwriter at Poonawalla Fincorp India compare with the average salary range for this job?

The average salary of a Credit Underwriter at Poonawalla Fincorp is 8% 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 Poonawalla Fincorp to a Credit Underwriter in India?

HDFC Bank Credit Underwriter Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
Edelweiss Credit Underwriter Salary - ₹3.1 Lakhs to ₹8.4 Lakhs per year
Tata Capital Credit Underwriter Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
Tata Capital Housing Finance Credit Underwriter Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
Mahindra Finance Credit Underwriter Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Credit Underwriter in companies similar to Poonawalla Fincorp in India?

Bajaj Finserv Credit Underwriter Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
ICICI Bank Credit Underwriter Salary - ₹1.2 Lakhs to ₹9.1 Lakhs per year
PNB Housing Finance Credit Underwriter Salary - ₹4.3 Lakhs to ₹7.0 Lakhs per year
L&T Finance Credit Underwriter Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Bank Credit Underwriter Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at Poonawalla Fincorp in India?

The estimated take-home salary of a Credit Underwriter at Poonawalla Fincorp ranges between ₹32,291 per month to ₹33,571 per month in India. The take-home salary calculation is based on the average Poonawalla Fincorp Credit Underwriter salary in India which ranges between ₹1.9 Lakhs to ₹6.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at Poonawalla Fincorp?

According to AmbitionBox, 33% of the Poonawalla Fincorp Credit Underwriters reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Poonawalla Fincorp Credit Underwriter Salaries

Poonawalla Fincorp Credit Underwriter salary in India ranges between ₹1.9 Lakh to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.