SBFC Finance Credit Underwriter Salaries by 4 Employees (Updated 2024)

0 - 10 years exp.

₹2.9 Lakhs - ₹7 Lakhs

Salary of majority employees

At par with the average Credit Underwriter Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.1 L/yr
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Legal & Regulatory Credit Underwriter Salary 10 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 17 Nov 2023

Companies similar to SBFC Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Underwriter Salary 0 - 9 years exp. (146 salaries)	₹2 L/yr - ₹11.1 L/yr 37% more
ICICI Bank Credit Underwriter Salary 0 - 6 years exp. (24 salaries)	₹1.2 L/yr - ₹9.1 L/yr 1% more
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Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 2% less	1 job opening
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹8.5 L/yr 19% less
Bajaj Finance Credit Underwriter Salary 2 - 9 years exp. (16 salaries)	₹3 L/yr - ₹6.8 L/yr 4% less
Tata Capital Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 16% more
SBI Cards & Payment Services Credit Underwriter Salary 2 - 6 years exp. (8 salaries)	₹2.8 L/yr - ₹4.5 L/yr 39% less
Sammaan Capital Limited Credit Underwriter Salary 3 - 7 years exp. (7 salaries)	₹3 L/yr - ₹4.5 L/yr 23% less
Shubham Housing Development Finance Credit Underwriter Salary 1 - 6 years exp. (14 salaries)	₹2 L/yr - ₹5.5 L/yr 39% less
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 34% less
Hero FinCorp Credit Underwriter Salary 4 - 12 years exp. (6 salaries)	₹1.1 L/yr - ₹8 L/yr 5% less
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PNB Housing Finance Credit Underwriter Salary 0 - 2 years exp. (5 salaries)	₹4.3 L/yr - ₹7 L/yr At par
Bajaj Housing Finance Credit Underwriter Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹7 L/yr 10% less
India Shelter Finance Corporation Credit Underwriter Salary 4 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹4.5 L/yr 17% less
Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 15% more
Kogta Financial India Limited Credit Underwriter Salary 3 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 40% less
InCred Finance Credit Underwriter Salary 1 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr 41% less

Credit Underwriter salary at SBFC Finance ranges between ₹2.9 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Credit Underwriter salaries

Last Updated: 17 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

Similar Designation salaries in SBFC Finance

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Deputy Manager Salary

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Salary related reviews for SBFC Finance

Sales Officer in Vadodara

Other Department

5.0

• posted on 16 Sep 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 appraisal are fair and they give good salary hike and bonus every year.

Branch Manager in Jaipur

BFSI, Investments & Trading Department

1.0

• posted on 22 Jan 2021

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of policies 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 can't resign. On the job training is not given to new joiners.

Branch Manager in Sivasagar

BFSI, Investments & Trading Department

1.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Giving salary on time.

Dislikes

Very worst company to work with. There is no value of HR policies, no working hours, no working days, no balance personal life, no final settlement after leaving the company, no relieving letter. Company spoil your career. I advise not to join the company.

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing to like here Infact this question should not be asked here . The work culture is terrible .

Dislikes

...hey have also mentioned this as a clause in your working terms and conditions. Here F and F consist of Two months salary and Settlement amount . Which they will try every possible way to not to clear it. No HR is going to help you any of your issue . After resignation you will get to hear every Threatening messages from Senior management . They will hold your F and F , Ruin your Career, No experience letter and what not . The biggest proof is you will find only new employees in the floor .All the old ones are Either the sugar baby or Relatives of Senior Managers .

Customer Relationship Manager in Jorhat (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 10 Jul 2024

3.0

for Salary and Benefits

Likes

On time salary and timing

Dislikes

Sbfc have no ownership quality ... There was no work culture.. They don't understand about employees emotions.. Reporting Boss and His reporting Boss are totally disgusting people..Also they have no sense for the customers views to understand..

see more salary related reviews

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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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SBFC Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at SBFC Finance?

Credit Underwriter salary at SBFC Finance in India ranges between ₹2.9 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 4% more than the average Credit Underwriter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBFC Finance India.

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

The average salary of a Credit Underwriter at SBFC Finance is 4% more 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 SBFC Finance to a Credit Underwriter in India?

HDFC Bank Credit Underwriter Salary - ₹2.0 Lakhs to ₹11.1 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
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

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

Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance Credit Underwriter Salary - ₹3.0 Lakhs to ₹6.8 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
India Shelter Finance Corporation Credit Underwriter Salary - ₹2.9 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Credit Underwriter at SBFC Finance ranges between ₹37,463 per month to ₹38,666 per month in India. The take-home salary calculation is based on the average SBFC Finance Credit Underwriter salary in India which ranges between ₹2.9 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at SBFC Finance?

According to AmbitionBox, 100% of the SBFC Finance Credit Underwriters reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SBFC Finance Credit Underwriter Salaries

SBFC Finance Credit Underwriter salary in India ranges between ₹2.9 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBFC Finance latest salaries received from various employees of SBFC Finance.