Shubham Housing Development Finance Credit Underwriter Salaries by 10+ Employees

1 - 6 years exp.

₹2 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% 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
Manba Finance Credit Underwriter Salary 0 - 8 years exp. (15 salaries)	₹2 L/yr - ₹5 L/yr 19% more
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 27% more
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Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 8% more
PNB Housing Finance Credit Underwriter Salary 0 - 1 year exp. (6 salaries)	₹4.3 L/yr - ₹7 L/yr 66% more
Hero FinCorp Credit Underwriter Salary 8 - 11 years exp. (5 salaries)	₹6.3 L/yr - ₹19.5 L/yr 317% more
Midland Microfin Limited Credit Underwriter Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 19% less
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
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
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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.

Latest annual salaries shared by Shubham Housing Development Finance Credit Underwriter

1y ago

₹2.2 Lakhs

2 years exp.

1y ago

₹2.7 Lakhs

3 years exp.

1y ago

₹2.2 Lakhs

1 year exp.

1y ago

₹4 Lakhs

5 years exp.

1y ago

₹2.7 Lakhs

2 years exp.

1y ago

6 years exp.

1y ago

4 years exp.

1y ago

5 years exp.

1y ago

3 years exp.

1y ago

3 years exp.

Experience wise Shubham Housing Development Finance Credit Underwriter salaries

Last Updated: 24 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
Login to view exact salary
3 years (4 salaries)	₹2 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (4 salaries)	₹1.5 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹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

(153 salaries)

₹2.25 L/yr - ₹6.3 L/yr

Area Credit Manager Salary

(26 salaries)

₹6.5 L/yr - ₹12 L/yr

Branch Manager Salary

(139 salaries)

₹3 L/yr - ₹9 L/yr

Senior Associate Salary

(5 salaries)

₹9.5 L/yr - ₹12 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

(7 salaries)

₹10.4 L/yr - ₹22.5 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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shubham Housing Development Finance Credit Underwriter Salary FAQs

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

The average salary of a Credit Underwriter at Shubham Housing Development Finance in India typically ranges from ₹2.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Underwriter at Shubham Housing Development Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Credit Underwriter Salaries at Shubham Housing Development Finance 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 10+ Shubham Housing Development Finance employees in India.

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 in India typically ranges from ₹21,825 to ₹23,311 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ salaries received from various employees of Shubham Housing Development Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shubham Housing Development Finance for Credit Underwriter in India?

Hero FinCorp	₹6.3 Lakhs to ₹19.5 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
Bajaj Housing Finance	₹2.2 Lakhs to ₹7.0 Lakhs per year
India Shelter Finance Corporation	₹2.9 Lakhs to ₹4.5 Lakhs per year

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

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

The salary of a Credit Underwriter at companies similar to Shubham Housing Development Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited	₹3.0 Lakhs to ₹4.5 Lakhs per year
Manba Finance	₹2.0 Lakhs to ₹5.0 Lakhs per year
Home Credit Finance	₹3.0 Lakhs to ₹4.0 Lakhs per year
Kogta Financial India Limited	₹3.0 Lakhs to ₹4.0 Lakhs per year
InCred Finance	₹2.8 Lakhs to ₹4.2 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 Shubham Housing Development Finance in India?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹2.1 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.0 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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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.