Toyota Financial Services Credit Underwriter Salaries by 4 Employees

5 - 18 years exp.

₹4 Lakhs - ₹12.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

29% more than the average Credit Underwriter Salary in Financial Services Companies for 5 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Finance & Accounting Credit Underwriter Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 14 Oct 2023

Companies similar to Toyota Financial Services for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
BOBCARD Ltd. Credit Underwriter Salary 2 - 7 years exp. (12 salaries)	₹2.7 L/yr - ₹5.6 L/yr 36% less
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (177 salaries)	₹1.5 L/yr - ₹5.1 L/yr 42% less
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HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (137 salaries)	₹2 L/yr - ₹10.7 L/yr 7% more
Namaste Credit Credit Underwriter Salary 0 - 3 years exp. (135 salaries)	₹2 L/yr - ₹4 L/yr 57% less
Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	₹2.6 L/yr - ₹7 L/yr 20% less

Credit Underwriter salary at Toyota Financial Services ranges between ₹4 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Toyota Financial Services.

Experience wise Toyota Financial Services Credit Underwriter salaries

Last Updated: 14 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
15+ years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr

Similar Designation salaries in Toyota Financial Services

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Credit Manager Salary

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Area Credit Manager Salary

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Salary related reviews for Toyota Financial Services

2.0

Rated by 1 employees for salary & benefits

Finance Executive in Ranchi

Full Time

Other Department

3.0

• posted on 16 Jul 2023

1.0

for Salary and Benefits

Likes

Learnt lots of thing ,,

Skill development - Excellent

+1 more

Dislikes

Appraisal and quarterly insensitive , reason I quit the job , is only at the time of joining my previous salary was 17k per month and only I getting in TFSIN is 20600 ,, at the of joining hr confirmed me that he/she will be increase my salary in appraisal but it not happend,,

Salary - Bad

+1 more

Sales Support Executive in Thrissur

Finance & Accounting Department

5.0

• posted on 27 Sep 2021

5.0

for Salary and Benefits

Likes

It's good. Very big platform, i learned lot of things in this company. It's very helpfull to grow in my future. The company policies is quite superb because the action plan is amazing. Work culture.. They already gave me a training session that's very helpfull to speaking confidently... They teach how to interaction with customers.. It's very helpfull for me...

Salary - Excellent

+6 more

Dislikes

The salary structure... But it's not that bad...

Manager Sales & Marketing in Bangalore / Bengaluru

Sales & Business Development Department

1.0

• posted on 19 Jun 2022

3.0

for Salary and Benefits

Likes

Only Good compensation but you need to work for 16hrs

Dislikes

Worst company with bosses act as blood suckers of employees none of the employees stict on for more than 1 year and no work life balance never ever join this company

Skill development - Poor

+4 more

Operations Executive in Bangalore / Bengaluru

PDD Department

4.0

• posted on 14 Jul 2020

4.0

for Salary and Benefits

Likes

...ny policies are very good. There was u huge cafeteria for chill in breaker time.appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

They take us in bond of 3 months after they said they take on role but after that they are saying can u work for another bond.

Assistant Manager Operations in New Delhi

Finance & Accounting Department

5.0

• posted on 23 Apr 2021

5.0

for Salary and Benefits

Likes

... place for learning (personal and professional). Management are very supportive. They give good salary hike and bonus every year. Nice place of work.

Salary - Excellent

+5 more

Dislikes

Only one reason for dislike company has sifted Delhi office to Banglore and still so many employees of Delhi office are jobless.

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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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Toyota Financial Services Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Toyota Financial Services ?

The average salary of a Credit Underwriter at Toyota Financial Services in India typically ranges from ₹4.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 5 years to 18 years).

The top 10% of Credit Underwriter at Toyota Financial Services earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Credit Underwriter Salaries at Toyota Financial Services 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 Toyota Financial Services employees in India.

What is the estimated take home salary of a Credit Underwriter at Toyota Financial Services in India?

The estimated take-home salary of a Credit Underwriter at Toyota Financial Services in India typically ranges from ₹48,609 to ₹49,758 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 5 years to 18 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 Toyota Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Toyota Financial Services for Credit Underwriter in India?

HDFC Bank

₹2.0 Lakhs to ₹10.7 Lakhs per year

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

What is the salary of a Credit Underwriter in companies similar to Toyota Financial Services in India?

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

Axis Bank	₹2.6 Lakhs to ₹7.0 Lakhs per year
BOBCARD Ltd.	₹2.7 Lakhs to ₹5.6 Lakhs per year
Jana Small Finance Bank	₹1.5 Lakhs to ₹5.1 Lakhs per year
Namaste Credit	₹2.0 Lakhs to ₹4.0 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 Toyota Financial Services in India?

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

Experience	Average Salary Range
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
9 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
10 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
15 years	₹11.3 Lakhs to ₹14.4 Lakhs per year

and so on.

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Toyota Financial Services Credit Underwriter Salaries

Toyota Financial Services Credit Underwriter salary in India ranges between ₹4 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Toyota Financial Services latest salaries received from various employees of Toyota Financial Services.