Tata Motors Finance Credit Underwriter Salaries by 4 Employees

1 - 4 years exp.

₹1.6 Lakh - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

53% less than the average Credit Underwriter Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.5 L/yr
Finance & Accounting Credit Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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Consulting Credit Underwriter Salary 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr

Last Updated: 22 Jun 2024

Companies similar to Tata Motors Finance 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 54% more
Piramal Capital Housing Finance Credit Underwriter Salary 0 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹6.5 L/yr 68% more
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CreditAccess Grameen Credit Underwriter Salary 4 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.4 L/yr 62% more
Sammaan Capital Limited Credit Underwriter Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 65% more
Aditya Birla Finance Credit Underwriter Salary 0 - 4 years exp. (7 salaries)	₹2.6 L/yr - ₹7.5 L/yr 107% more
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 41% more
Mahindra Finance Credit Underwriter Salary 3 - 7 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 289% more
L&T Finance Credit Underwriter Salary 4 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 97% more
Aavas Financiers Credit Underwriter Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 52% more
Poonawalla Fincorp Credit Underwriter Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹6 L/yr 75% more
TVS Credit Credit Underwriter Salary 0 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹4.8 L/yr 49% more
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Tata Capital Credit Underwriter Salary 4 - 5 years exp. (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr 124% more
Muthoot Finance Credit Underwriter Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 76% more

Credit Underwriter salary at Tata Motors Finance ranges between ₹1.6 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Credit Underwriter salaries

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.9 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in Tata Motors Finance

Credit Officer Salary

(7 salaries)

₹1.4 L/yr - ₹4 L/yr

Credit Executive Salary

(3 salaries)

₹1.75 L/yr - ₹2.23 L/yr

Credit Analyst Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Credit Manager Salary

(16 salaries)

₹7.1 L/yr - ₹12.76 L/yr

Area Credit Manager Salary

(24 salaries)

₹5.5 L/yr - ₹12.85 L/yr

Branch Manager Salary

(10 salaries)

₹4.5 L/yr - ₹8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(25 salaries)

₹5.45 L/yr - ₹11 L/yr

Zonal Credit Manager Salary

(40 salaries)

₹5 L/yr - ₹17.03 L/yr

Salary related reviews for Tata Motors Finance

2.6

Rated by 2 employees for salary & benefits

Regional Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2024

1.0

for Salary and Benefits

Likes

...ts High demand from employee Employee always feels under stress and demotivated. Compensation not good as per standard. Company drive does not match with ground reality. Likes - People learns to survive in worst situation.

Dislikes

Mentioned above

Salary - Bad

+6 more

Senior Manager in Thane

Full Time

Administration & Facilities Department

1.0

• posted on 27 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

... due to flattering and these people do not have caliber to adopt new technology. Manager reports to manager, AVP reports o AVP, and surprise or shock few managers salary is lesser than their reportees. Many employees are by pass their bosses. If you are 45+ than join TATA to just earn salary & get retire. If you are not match yourself with their culture than they will harass you and will force to resign. No proper budgeting, TATA have so much money to spend unnecessary. TATA just using Ratan Tata sir name and survive on goodwill.

Salary - Bad

+6 more

Collections Executive in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 2022

5.0

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 they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics 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 cannot resign. On the job training is not given to new joinees.

Collections Executive in Navi Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 05 Jun 2022

4.0

for Salary and Benefits

Likes

It was a great experience working, also got to learn many more things, and have skilled me to work in any other recovery stream.

Salary - Good

+4 more

Dislikes

Just a bit cons. 1. Comparably low salary - but exciting incentive structure. 2. Too slow process for Career Growth.

Promotions - Poor

Area Operation Manager in Jabalpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2019

4.0

for Salary and Benefits

Likes

Very friendly and working environment, job security is good, if ur in good package then salary grow accordingly.big gap in salary structure in lower and middle mangment. Travel policy excellent, CSR activities goings on regular basis.

Salary - Good

+6 more

Dislikes

Appraisal process.

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Tata Motors Finance Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Tata Motors Finance ?

The average salary of a Credit Underwriter at Tata Motors Finance in India typically ranges from ₹1.6 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Credit Underwriter at Tata Motors Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Credit Underwriter Salaries at Tata Motors 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 4 Tata Motors Finance employees in India.

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

The estimated take-home salary of a Credit Underwriter at Tata Motors Finance in India typically ranges from ₹16,172 to ₹17,841 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year 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 Tata Motors Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata Motors Finance for Credit Underwriter in India?

Mahindra Finance	₹8.0 Lakhs to ₹10.0 Lakhs per year
Tata Capital	₹4.2 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Finance	₹2.6 Lakhs to ₹7.5 Lakhs per year
L&T Finance	₹3.4 Lakhs to ₹8.0 Lakhs per year
Muthoot Finance	₹2.8 Lakhs to ₹5.5 Lakhs per year

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

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

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

Poonawalla Fincorp	₹1.9 Lakhs to ₹6.0 Lakhs per year
Piramal Capital Housing Finance	₹2.5 Lakhs to ₹6.5 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

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 Tata Motors Finance in India?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹1.9 Lakhs per year
2 years	₹1.6 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹1.3 Lakhs to ₹3.5 Lakhs per year

and so on.

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Tata Motors Finance Credit Underwriter Salaries

Tata Motors Finance Credit Underwriter salary in India ranges between ₹1.6 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.