Business Loan Officer

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Business Loan Officer Salary in India (Updated 2025)

based on 68 latest salaries • updated: 8 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹1.5 Lakh - ₹3.6 Lakhs

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Business Loan Officer Salary in India ranges between ₹1.5 Lakh to ₹3.6 Lakhs for less than 1 year of experience to 7 years of experience. Salary estimates are based on 68 latest salaries received from... Read More

Latest annual salaries shared by Business Loan Officers

1w ago

Sugmya Finance

Business Loan Officer

3 years exp.

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3w ago

IDFC FIRST Bank

Business Loan Officer

2 years exp.

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1mo ago

Bharat Financial Inclusion

Business Loan Officer

2 years exp.

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1mo ago

Axis Bank

Business Loan Officer

1 year exp.

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1mo ago

Sugmya Finance

Business Loan Officer

4 years exp.

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1mo ago

SBI Capital Markets

Business Loan Officer

6 years exp.

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1mo ago

Shriram Finance

Business Loan Officer

5 months exp.

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2mo ago

Sugmya Finance

Business Loan Officer

2 months exp.

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2mo ago

Utkarsh Small Finance Bank

Business Loan Officer

4 years exp.

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2mo ago

HDFC Bank

Business Loan Officer

2 years exp.

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Business Loan Officer salaries by

Years of experience Avg. annual salary
Fresher
(13 salaries)
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₹1.6 L/yr - ₹2.6 L/yr

1 year
(11 salaries)
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₹1.7 L/yr - ₹3.1 L/yr

2 years
(10 salaries)
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₹1 L/yr - ₹2.7 L/yr

3 years
(10 salaries)
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₹2 L/yr - ₹2.7 L/yr

4 years
(9 salaries)
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₹2.3 L/yr - ₹2.9 L/yr

View all salaries by experience

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₹1.5 L/yr - ₹6 L/yr

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2 - 12 years exp.
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₹2.1 L/yr - ₹10.2 L/yr

Relationship Officer Salary
0 - 6 years exp.
(18.8k salaries)
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₹1.5 L/yr - ₹4.5 L/yr

Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Sales Manager Salary
2 - 15 years exp.
(1.3L salaries)
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₹2.2 L/yr - ₹16 L/yr

View more similar designations

Business Loan Officer Salary By Locations

Locations Avg. annual salary
Mumbai
Business Loan Officer
0 - 3 years exp.
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₹0.2 L/yr - ₹2.7 L/yr

Hyderabad / Secunderabad
Business Loan Officer
0 - 2 years exp.
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₹0.4 L/yr - ₹2.2 L/yr

Gondia
Business Loan Officer
1 - 3 years exp.
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₹1.8 L/yr - ₹2.5 L/yr

Nashik
Business Loan Officer
1 - 4 years exp.
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₹2.3 L/yr - ₹2.3 L/yr

Dehradun
Business Loan Officer
1 - 3 years exp.
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₹1.7 L/yr - ₹2 L/yr

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Business Loan Officer Salary By Industries

Industries Avg. annual salary

Financial Services

Business Loan Officer
0 - 7 years exp.
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₹1.5 L/yr - ₹3.6 L/yr

NBFC

Business Loan Officer
0 - 6 years exp.
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₹1.8 L/yr - ₹3.6 L/yr

Banking

Business Loan Officer
0 - 5 years exp.
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₹1.6 L/yr - ₹3.2 L/yr

Internet

Business Loan Officer
1 - 5 years exp.
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₹2.3 L/yr - ₹5 L/yr

FinTech

Business Loan Officer
1 - 5 years exp.
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₹1.7 L/yr - ₹4.5 L/yr

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Frequently Asked Questions (FAQS) about Business Loan Officer Salaries

What is the salary of a Business Loan Officer in India?
The salary of a Business Loan Officer in India varies based on experience, location, company & Industry. On average, Business Loan Officer salaries ranges from ₹1.5 Lakhs to ₹3.6 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹1.5 Lakhs to ₹3.6 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 68 salaries received from various Business Loan Officers across industries.
What are the top paying cities for Business Loan Officer in India?
The annual salary for Business Loan Officer in India varies by location. Top paying cities for Business Loan Officer are
Business Loan Officer Salary in Mumbai ₹0.2 Lakhs to ₹2.7 Lakhs per year
Business Loan Officer Salary in Hyderabad / Secunderabad ₹0.4 Lakhs to ₹2.2 Lakhs per year
Business Loan Officer Salary in Gondia ₹1.8 Lakhs to ₹2.5 Lakhs per year
Business Loan Officer Salary in Nashik ₹2.3 Lakhs to ₹2.3 Lakhs per year
Business Loan Officer Salary in Dehradun ₹1.7 Lakhs to ₹2.0 Lakhs per year
Salary expectations for Business Loan Officer may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Business Loan Officer in India?
Top 5 paying Industries for Business Loan Officer in India are:
Business Loan Officer Salary in Financial Services ₹1.5 Lakhs to ₹3.6 Lakhs per year
Business Loan Officer Salary in NBFC ₹1.8 Lakhs to ₹3.6 Lakhs per year
Business Loan Officer Salary in Banking ₹1.6 Lakhs to ₹3.2 Lakhs per year
Business Loan Officer Salary in Internet ₹2.3 Lakhs to ₹5.0 Lakhs per year
Business Loan Officer Salary in FinTech ₹1.7 Lakhs to ₹4.5 Lakhs per year
What are the fresher salaries as Business Loan Officer?
Fresher salaries for Business Loan Officer in India typically range from ₹1.6 Lakhs to ₹2.6 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Business Loan Officer in India?
Experience significantly impacts a Business Loan Officer salary in India. Salaries increase with experience, as Business Loan Officer take on more complex tasks, responsibilities, and leadership roles. Business Loan Officer salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹2.6 Lakhs per year
1 year ₹1.7 Lakhs to ₹3.1 Lakhs per year
2 years ₹1.0 Lakhs to ₹2.7 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.7 Lakhs per year
and so on.

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