Poonawalla Fincorp Credit Underwriter Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹1.9 Lakh - ₹6 Lakhs

Low Confidence

Salary of majority employees

Fixed (83%)

₹3.4 Lakhs

Variable (17%)

₹0.7 Lakh

18% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 4 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 0 - 1 year exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹6 L/yr

Last Updated: 4 Mar 2025

Companies similar to Poonawalla Fincorp 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 12% less
CreditAccess Grameen Credit Underwriter Salary 4 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.4 L/yr 7% less
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Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 5% less
PNB Housing Finance Credit Underwriter Salary 0 - 2 years exp. (7 salaries)	₹4.3 L/yr - ₹7 L/yr 23% more
Shriram Finance Credit Underwriter Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.3 L/yr 23% less
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 123% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 13% more
Kogta Financial India Limited Credit Underwriter Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 20% less
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 41% more
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 13% less
Indostar Capital Finance Credit Underwriter Salary 1 - 7 years exp. (3 salaries)	₹3.9 L/yr - ₹5 L/yr 7% more
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TVS Credit Credit Underwriter Salary 0 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 14% less
Muthoot Finance Credit Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 1% more

Credit Underwriter salary at Poonawalla Fincorp ranges between ₹1.9 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 4 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: 4 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.1 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.8 L/yr

Similar Designation salaries in Poonawalla Fincorp

Credit Officer Salary

(8 salaries)

₹2.35 L/yr - ₹3.5 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Credit Analyst Salary

(17 salaries)

₹2.35 L/yr - ₹9.65 L/yr

Credit Manager Salary

(150 salaries)

₹4.2 L/yr - ₹11.25 L/yr

Area Credit Manager Salary

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₹5.49 L/yr - ₹20.97 L/yr

Branch Manager Salary

(94 salaries)

₹3.5 L/yr - ₹11 L/yr

Senior Associate Salary

(4 salaries)

₹3.6 L/yr - ₹4.5 L/yr

Sales Officer Salary

(24 salaries)

₹1 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(98 salaries)

₹4.4 L/yr - ₹11.6 L/yr

Chief Manager Salary

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₹15.93 L/yr - ₹27 L/yr

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

Salary - 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.

Job security - Poor

+4 more

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

Salary - Excellent

+1 more

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 .

Job security - Poor

+2 more

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.

Salary - Good

+6 more

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.

Senior Manager in Pune

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jan 2025

3.0

for Salary and Benefits

Likes

only infra structure which looks great.

Job security - Good

Dislikes

...om home after dinner... so you endup closing at least 11.30-12 if not 1.30-2 AM. no salary hikes as compared to work done, failed promises, they will promise you for many things but wont fulfill anything. You might end up with high blood pressure or sugar issues

Skill development - Bad

+3 more

Business Analyst in Pune

Full Time

Product Management Department

3.0

• posted on 04 Jan 2025

3.0

for Salary and Benefits

Likes

Very bad experience, there is no equality at all, some persons (management's favourite) and some women's are paid to much , even they don't do their regular works and also promoted earlier as compared to hardworking employees. Employees who exaggerate their work and takes time more than enough to complete a tsk are really appreciated but the one who completes task before time giving his best, is considered as an average employee.

Dislikes

Company only raises salary for those who who are at higher positions who don't know how systems and processes works on ground and they only works on excel and only replies mails and are paid more than 10-15 times than a hardworking employe who really helps the company in growing business, and all appreciation goes to your boss and thier favourite ones and all other are neglected.

Promotions - Poor

+2 more

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Poonawalla Fincorp Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Poonawalla Fincorp ?

The average salary of a Credit Underwriter at Poonawalla Fincorp in India typically ranges from ₹1.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Underwriter at Poonawalla Fincorp earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Credit Underwriter Salaries at Poonawalla Fincorp 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 4 Poonawalla Fincorp employees in India.

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 in India typically ranges from ₹30,091 to ₹31,404 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 salaries received from various employees of Poonawalla Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Poonawalla Fincorp 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
L&T Finance	₹3.4 Lakhs to ₹8.0 Lakhs per year
Indostar Capital Finance	₹3.9 Lakhs to ₹5.0 Lakhs per year

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

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

The salary of a Credit Underwriter at companies similar to Poonawalla Fincorp 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
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
Aavas Financiers	₹2.4 Lakhs to ₹6.0 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 Poonawalla Fincorp in India?

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

Experience	Average Salary Range
Fresher	₹3.1 Lakhs to ₹6.0 Lakhs per year
1 year	₹2.0 Lakhs to ₹6.0 Lakhs per year
2 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Poonawalla Fincorp Credit Underwriter Salaries

Poonawalla Fincorp Credit Underwriter salary in India ranges between ₹1.9 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.