Varthana Credit Underwriter Salaries by 4 Employees

0 - 3 years exp.

₹3.5 Lakhs - ₹4.5 Lakhs

Salary of majority employees

20% less than the average Credit Underwriter Salary in NBFC Companies for 0 - 3 years of experience

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Last Updated: 13 Nov 2024

Companies similar to Varthana for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
Shubham Housing Development Finance Credit Underwriter Salary 1 - 6 years exp. (14 salaries)	₹2 L/yr - ₹5.5 L/yr 24% less
Home Credit Finance Credit Underwriter Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 18% less
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Hero FinCorp Credit Underwriter Salary 8 - 11 years exp. (5 salaries)	₹6.3 L/yr - ₹19.5 L/yr 218% more
Midland Microfin Limited Credit Underwriter Salary 0 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 38% less
Bajaj Housing Finance Credit Underwriter Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹7 L/yr 12% more
India Shelter Finance Corporation Credit Underwriter Salary 4 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4.5 L/yr 3% more
InCred Finance Credit Underwriter Salary 1 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 22% less
SBFC Finance Credit Underwriter Salary 0 - 10 years exp. (4 salaries)	₹2.9 L/yr - ₹7 L/yr 25% more

Credit Underwriter salary at Varthana ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Varthana.

Experience wise Varthana Credit Underwriter salaries

Last Updated: 13 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

Similar Designation salaries in Varthana

Credit Officer Salary

(15 salaries)

₹2.87 L/yr - ₹4.7 L/yr

Credit Executive Salary

(15 salaries)

₹2.8 L/yr - ₹4.3 L/yr

Credit Analyst Salary

(3 salaries)

₹4.4 L/yr - ₹5.5 L/yr

Credit Manager Salary

(37 salaries)

₹5 L/yr - ₹10 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹12 L/yr - ₹15.3 L/yr

Branch Manager Salary

(19 salaries)

₹5.2 L/yr - ₹10.19 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Sales Officer Salary

(4 salaries)

₹2.75 L/yr - ₹3.84 L/yr

Senior Credit Officer Salary

(7 salaries)

₹5 L/yr - ₹6 L/yr

Sales Manager Salary

(4 salaries)

₹3.4 L/yr - ₹4.35 L/yr

Salary related reviews for Varthana

5.0

Rated by 1 employees for salary & benefits

Cluster Credit Manager in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 14 Jul 2023

5.0

for Salary and Benefits

Likes

Salary got on time, Training on regular basis.

Salary - Excellent

+1 more

Dislikes

No policy and process. No timing, Employee should work alone and handle all kind of work. No work life balance. Working on weekends even an holidays also.

Work-life balance - Poor

Relationship Manager in New Delhi

Full Time

Sales Department

4.0

• posted on 01 Dec 2022

4.0

for Salary and Benefits

Likes

Flexible working hour, salary and reimbursement release on time

Salary - Good

+1 more

Dislikes

Politics between staff and senior manager new joiner can't stable on account of them , senior staff behaviour also not good to new joiner

Skill development - Poor

+1 more

Relationship Manager in Vijayawada

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 09 Apr 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they give good salary hike and promotions bonus every year.

Salary - Excellent

+6 more

Dislikes

Relationship Manager in Jalndhar

Finance Department

5.0

• posted on 01 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture, Teammates are supportive and the management is transparent. Company polices are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing for that column

Relationship Manager in Thane Mumbai

Full Time

Finance Department

5.0

• posted on 28 Mar 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Excellent

+4 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

see more salary related reviews

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Varthana Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Varthana ?

The average salary of a Credit Underwriter at Varthana in India typically ranges from ₹3.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Credit Underwriter at Varthana earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Credit Underwriter Salaries at Varthana 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 Varthana employees in India.

What is the estimated take home salary of a Credit Underwriter at Varthana in India?

The estimated take-home salary of a Credit Underwriter at Varthana in India typically ranges from ₹29,470 to ₹30,842 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 3 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 Varthana. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Varthana for Credit Underwriter in India?

Hero FinCorp	₹6.3 Lakhs to ₹19.5 Lakhs per year
SBFC Finance	₹2.9 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 Varthana, depending on the role and experience level.

What is the salary of a Credit Underwriter in companies similar to Varthana in India?

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

Home Credit Finance	₹3.0 Lakhs to ₹4.0 Lakhs per year
InCred Finance	₹2.8 Lakhs to ₹4.2 Lakhs per year
Shubham Housing Development Finance	₹2.0 Lakhs to ₹5.5 Lakhs per year
Midland Microfin Limited	₹2.0 Lakhs to ₹3.3 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 Varthana in India?

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

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹4.0 Lakhs per year
1 year	₹3.5 Lakhs to ₹4.4 Lakhs per year
2 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Varthana Credit Underwriter Salaries

Varthana Credit Underwriter salary in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varthana latest salaries received from various employees of Varthana.