SBI Cards & Payment Services Credit Underwriter Salaries by 8 Employees (Updated 2024)

2 - 6 years exp.

₹2.8 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Credit Underwriter Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr
Customer Success, Service & Operations Credit Underwriter Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹4.5 L/yr
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Finance & Accounting Credit Underwriter Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.1 L/yr

Last Updated: 16 Mar 2023

Companies similar to SBI Cards & Payment Services 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 127% more
ICICI Bank Credit Underwriter Salary 0 - 6 years exp. (24 salaries)	₹1.2 L/yr - ₹9.1 L/yr 67% more
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Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 62% more	1 job opening
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹8.5 L/yr 33% more
IndusInd Bank Credit Underwriter Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 11% more
Standard Chartered Credit Underwriter Salary 1 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹4.3 L/yr 21% more
Citibank Credit Underwriter Salary 2 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹8.1 L/yr 110% more
RBL Bank Credit Underwriter Salary 1 - 7 years exp. (10 salaries)	₹2.2 L/yr - ₹11.5 L/yr 133% more
Yes Bank Credit Underwriter Salary 0 - 5 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 10% more
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	₹3.7 L/yr - ₹9.8 L/yr 130% more
Federal Bank Credit Underwriter Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹20 L/yr 273% more
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ICICI Home Finance Credit Underwriter Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹5.6 L/yr 20% more
Synchrony Credit Underwriter Salary 2 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹6.3 L/yr 65% more

Credit Underwriter salary at SBI Cards & Payment Services ranges between ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Credit Underwriter salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.4 L/yr
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4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
5 years (3 salaries)	₹3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr

Similar Designation salaries in SBI Cards & Payment Services

Credit Officer Salary

(5 salaries)

₹2.2 L/yr - ₹3 L/yr

Credit Executive Salary

(22 salaries)

₹1 L/yr - ₹3 L/yr

Credit Analyst Salary

(3 salaries)

₹3.9 L/yr - ₹19.96 L/yr

Credit Manager Salary

(7 salaries)

₹3 L/yr - ₹10 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Branch Manager Salary

(5 salaries)

₹3 L/yr - ₹4 L/yr

Senior Associate Salary

(12 salaries)

₹3.1 L/yr - ₹6 L/yr

Sales Officer Salary

(93 salaries)

₹1.4 L/yr - ₹4 L/yr

Deputy Manager Salary

(6 salaries)

₹1.1 L/yr - ₹5.24 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Salary related reviews for SBI Cards & Payment Services

1.0

Rated by 1 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Full Time

Other Department

4.0

• posted on 29 Jun 2024

5.0

for Salary and Benefits

Likes

...team, I have been assigned with. Friendly and positive outlook of the business. Good salary.

Dislikes

Not applicable. I have no reason for disliking 'SBI Card' job

Relationship Manager in Borivali West

Full Time

Credit Card Sales Department

1.0

• posted on 08 Dec 2022

1.0

for Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

Sales Manager in Hyderabad / Secunderabad

Other Department

3.0

• posted on 25 Mar 2022

4.0

for Salary and Benefits

Likes

Gives good compensation, job security and the management is good.

Dislikes

The sales department at SBI Card is pathetic. Long working hours (12-14 hrs) with no leaves across the calendar. You need to work even on Sunday’s and govt holidays. Work life balance at this particular department is pathetic.

Assistant Vice President in Gurgaon / Gurugram

Strategic & Top Management Department

3.0

• posted on 02 Nov 2020

4.0

for Salary and Benefits

Likes

Salary structure, bonus.

Dislikes

Poor and bureaucratic Work Culture. No work life balance. Non existent processes and work ethics. No induction trainings. Work deliverables and timelines gets changed on the whims of leadership. Entire critical workload is outsourced to third parties for each business function including HR.

Branch Relationship Executive in Pondicherry / Puducherry

Full Time

Sales & Business Development Department

3.0

• posted on 17 Aug 2024

3.0

for Salary and Benefits

Likes

Only Work Timing & Ontime salary only good.

Dislikes

If you aren't sale a credit card daily basis. Your BRM always warn you I will terminate from job. Day 1 itself sales is started. If you new joinee you can learn about product not quick. but BRM is horrible on you while your not sale a card. Job security for this job less. You aren't sale you will terminate anytime that 1 month or 2 month or 10 days..

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a technical project manager

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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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SBI Cards & Payment Services Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at SBI Cards & Payment Services?

Credit Underwriter salary at SBI Cards & Payment Services in India ranges between ₹2.8 Lakhs to ₹4.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 36% less than the average Credit Underwriter Salary in India. Salary estimates are based on 8 latest salaries received from various employees of SBI Cards & Payment Services India.

How does the salary of a Credit Underwriter at SBI Cards & Payment Services India compare with the average salary range for this job?

The average salary of a Credit Underwriter at SBI Cards & Payment Services is 36% 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 SBI Cards & Payment Services to a Credit Underwriter in India?

Federal Bank Credit Underwriter Salary - ₹3.5 Lakhs to ₹20.0 Lakhs per year
RBL Bank Credit Underwriter Salary - ₹2.2 Lakhs to ₹11.5 Lakhs per year
IDFC FIRST Bank Credit Underwriter Salary - ₹3.7 Lakhs to ₹9.8 Lakhs per year
HDFC Bank Credit Underwriter Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
Citibank Credit Underwriter Salary - ₹3.5 Lakhs to ₹8.1 Lakhs per year

What is the salary of a Credit Underwriter in companies similar to SBI Cards & Payment Services in India?

ICICI Bank Credit Underwriter Salary - ₹1.2 Lakhs to ₹9.1 Lakhs per year
Synchrony Credit Underwriter Salary - ₹3.5 Lakhs to ₹6.3 Lakhs per year
Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindra Bank Credit Underwriter Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year
Standard Chartered Credit Underwriter Salary - ₹3.3 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Credit Underwriter at SBI Cards & Payment Services in India?

The estimated take-home salary of a Credit Underwriter at SBI Cards & Payment Services ranges between ₹21,693 per month to ₹23,181 per month in India. The take-home salary calculation is based on the average SBI Cards & Payment Services Credit Underwriter salary in India which ranges between ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at SBI Cards & Payment Services?

According to AmbitionBox, 75% of the SBI Cards & Payment Services Credit Underwriters reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Cards & Payment Services Credit Underwriter Salaries

SBI Cards & Payment Services Credit Underwriter salary in India ranges between ₹2.8 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.