Shubham Housing Development Finance Credit Underwriter Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹2 Lakhs - ₹5.5 Lakhs

Salary of majority employees

37% less than the average Credit Underwriter Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Credit Underwriter Salary 1 - 6 years exp. (10 salaries)	₹2.2 L/yr - ₹5.5 L/yr
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BFSI, Investments & Trading Credit Underwriter Salary 3 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr

Last Updated: 24 Nov 2023

Companies similar to Shubham Housing Development Finance for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Underwriter Salary 2 - 9 years exp. (16 salaries)	₹3 L/yr - ₹6.8 L/yr 57% more
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (141 salaries)	₹2.4 L/yr - ₹10.5 L/yr 127% more
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Piramal Capital Housing Finance Credit Underwriter Salary 0 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹6.5 L/yr 29% more
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 27% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 51% more
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 8% more
Hero FinCorp Credit Underwriter Salary 4 - 12 years exp. (6 salaries)	₹1.1 L/yr - ₹8 L/yr 55% more
PNB Housing Finance Credit Underwriter Salary 0 - 1 year exp. (6 salaries)	₹4.3 L/yr - ₹7 L/yr 62% more
Bajaj Housing Finance Credit Underwriter Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹7 L/yr 47% more
India Shelter Finance Corporation Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4.5 L/yr 35% more
Kogta Financial India Limited Credit Underwriter Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 7% more
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Tata Capital Housing Finance Credit Underwriter Salary 6 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 89% more
InCred Finance Credit Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 2% more

Credit Underwriter salary at Shubham Housing Development Finance ranges between ₹2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 14 latest salaries received from various employees of Shubham Housing Development Finance.

Experience wise Shubham Housing Development Finance Credit Underwriter salaries

Last Updated: 24 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
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3 years (4 salaries)	₹2 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.7 L/yr
5 years (4 salaries)	₹1.5 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Shubham Housing Development Finance

Credit Officer Salary

(106 salaries)

₹1.95 L/yr - ₹4 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Credit Manager Salary

(157 salaries)

₹2.4 L/yr - ₹6.3 L/yr

Area Credit Manager Salary

(26 salaries)

₹6.5 L/yr - ₹12 L/yr

Branch Manager Salary

(128 salaries)

₹3 L/yr - ₹8.77 L/yr

Sales Officer Salary

(14 salaries)

₹1.2 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(22 salaries)

₹3.5 L/yr - ₹7.5 L/yr

Chief Manager Salary

(6 salaries)

₹10.4 L/yr - ₹22.5 L/yr

Senior Credit Officer Salary

(12 salaries)

₹3 L/yr - ₹4.5 L/yr

Salary related reviews for Shubham Housing Development Finance

2.5

Rated by 3 employees for salary & benefits

Credit Manager in New Delhi

Full Time

Risk Management & Compliance Department

1.0

• posted on 08 Sep 2022

2.0

for Salary and Benefits

Likes

Only like the credit team and credit managment

Dislikes

... Very pethatic condition of IT team. They are not resolved any issue within TAT. Employee Insurance deduct from employee salary. HR gives same salary to a Fresher and to a 3 year experiance person. When a branch team win a cash price in contest than Higher level person hold the branch amount. In the company Higher authority person gives Good salary increments to only relative employees. And Annual bounce of Credit team members only 10K.

Salary - Poor

+4 more

Area Credit Manager in Jodhpur

Full Time

Credit Department

4.0

• posted on 08 Sep 2020

4.0

for Salary and Benefits

Likes

Company always carrying to their employees no any salary deduction during COVID pendamic.

Salary - Good

+6 more

Dislikes

Bonus was bad , atleast credit person's bonus should be good as this department has no any incentive plan, they are work with due diligence with integrity and waiting for bonus after 1years hard work, so company must be think about credit department.

Credit Officer in Yavatmal

Full Time

Finance & Accounting Department

5.0

• posted on 20 Jun 2019

4.0

for Salary and Benefits

Likes

... to the high career growthness to the day by day in all over market compiteter . There fore good salary packej. To heigh level posting to give the travelling tour the out of station. His organization is good work environment. And all totally work life is good . Thanks..

Salary - Good

+5 more

Dislikes

No any dislike.

Relationship Manager in Gurgaon / Gurugram

Sales & Business Development Department

3.0

• posted on 17 Apr 2022

2.0

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 the give good salary hike every year.

Work satisfaction - Good

+1 more

Dislikes

Salary - Poor
Skill development - Poor

+3 more

Credit Manager in Navi Mumbai

Finance & Accounting Department

1.0

• posted on 21 Oct 2021

1.0

for Salary and Benefits

Likes

Company is good in terms of job security, even in lockdown we received salary, there is lot of politics in top management. Sales oriented company.

Skill development - Excellent

+1 more

Dislikes

Company is totally sales oriented company, if there is no work still we have to do work on 3 sundays.

Salary - Bad

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Shubham Housing Development Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Shubham Housing Development Finance?

Credit Underwriter salary at Shubham Housing Development Finance in India ranges between ₹2.0 Lakhs to ₹5.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 37% less than the average Credit Underwriter Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Shubham Housing Development Finance India.

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

The average salary of a Credit Underwriter at Shubham Housing Development Finance is 37% 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 Shubham Housing Development Finance to a Credit Underwriter in India?

HDFC Bank Credit Underwriter Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year
Tata Capital Housing Finance Credit Underwriter Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
PNB Housing Finance Credit Underwriter Salary - ₹4.3 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

What is the salary of a Credit Underwriter in companies similar to Shubham Housing Development Finance in India?

L&T Finance Credit Underwriter Salary - ₹3.4 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
Piramal Capital Housing Finance Credit Underwriter Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
Sammaan Capital Limited Credit Underwriter Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Credit Underwriter at Shubham Housing Development Finance ranges between ₹21,825 per month to ₹23,311 per month in India. The take-home salary calculation is based on the average Shubham Housing Development Finance Credit Underwriter salary in India which ranges between ₹2.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Underwriter at Shubham Housing Development Finance?

According to AmbitionBox, 36% of the Shubham Housing Development Finance Credit Underwriters reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Shubham Housing Development Finance Credit Underwriter Salaries

Shubham Housing Development Finance Credit Underwriter salary in India ranges between ₹2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.

Shubham Housing Development Finance Credit Underwriter salaries in India

Companies similar to Shubham Housing Development Finance for Credit Underwriter

Latest annual salaries shared by Shubham Housing Development Finance Credit Underwriter

Experience wise Shubham Housing Development Finance Credit Underwriter salaries

Similar Designation salaries in Shubham Housing Development Finance

Salary related reviews for Shubham Housing Development Finance

Credit Manager in New Delhi

Area Credit Manager in Jodhpur

Credit Officer in Yavatmal

Relationship Manager in Gurgaon / Gurugram

Credit Manager in Navi Mumbai

Shubham Housing Development Finance Credit Underwriter Salary FAQs

Tell us how to improve this page.