Loan Officer

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Loan Officer Salary in India (Updated 2025)

based on 2.8k latest salaries • updated: 19 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹1.4 Lakh - ₹4.2 Lakhs

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Very High Confidence means the data is based on a large number of latest salaries.
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Loan Officer Salary in India ranges between ₹1.4 Lakh to ₹4.2 Lakhs for less than 1 year of experience to 6 years of experience. Salary estimates are based on 2.8k latest salaries received from Loan... Read More
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Similar designations

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Salary related reviews

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Top Paying Companies for Loan Officer with 2 years exp

Company name Avg. annual salary Open Jobs
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3 job openings
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58 job openings
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Latest annual salaries shared by Loan Officers

1d ago

Ujjivan Small Finance Bank

Loan Officer

6 years exp.

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1d ago

NoBroker

Loan Officer

5 years exp.

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2d ago

Tata Power

Loan Officer

2 years exp.

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2d ago

Unity Small Finance Bank

Loan Officer

2 years exp.

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2d ago

Axis Bank

Loan Officer

2 years exp.

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2d ago

I Process Services

Loan Officer

4 years exp.

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3d ago

AVIOM

Loan Officer

1 year exp.

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3d ago

IDFC FIRST Bank

Loan Officer

4 years exp.

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3d ago

Unity Small Finance Bank

Loan Officer

8 months exp.

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3d ago

AVIOM

Loan Officer

2 years exp.

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View all latest salaries

Loan Officer salaries by

Years of experience Avg. annual salary
Fresher
(285 salaries)
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₹1.2 L/yr - ₹4 L/yr

1 year
(623 salaries)
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₹1.3 L/yr - ₹3.6 L/yr

2 years
(631 salaries)
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₹1.5 L/yr - ₹4 L/yr

3 years
(514 salaries)
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₹1.5 L/yr - ₹4.1 L/yr

4 years
(335 salaries)
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₹1.6 L/yr - ₹4 L/yr

View all salaries by experience

Loan Officer Jobs in India

Loan Officer

· 1-6 years

Ujjivan Small Finance Bank

·
4.1
₹3 L/yr - ₹4 L/yr

Ahmedabad

Loan Officer

· 0-3 years

HDB Financial Services

·
3.9
₹1.3 L/yr - ₹1.5 L/yr

Pandua

Loan Officer

· 1-4 years

Axis Bank

·
3.8
₹1.8 L/yr - ₹3.5 L/yr

Betul

View all Loan Officer jobs

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₹4 L/yr - ₹31.9 L/yr

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1 - 7 years exp.
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₹1.5 L/yr - ₹4.2 L/yr

Branch Manager Salary
4 - 17 years exp.
(50.5k salaries)
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₹2.6 L/yr - ₹18 L/yr

Team Lead Salary
2 - 12 years exp.
(2.6L salaries)
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₹2.4 L/yr - ₹22 L/yr

View more similar designations

Loan Officer Salary By Locations

Locations Avg. annual salary
New Delhi
Loan Officer
0 - 6 years exp.
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₹1.4 L/yr - ₹4.5 L/yr

Mumbai
Loan Officer
0 - 6 years exp.
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₹1.6 L/yr - ₹6 L/yr

Bangalore / Bengaluru
Loan Officer
0 - 6 years exp.
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₹1.8 L/yr - ₹4.5 L/yr

Kolkata
Loan Officer
0 - 6 years exp.
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₹1.2 L/yr - ₹3.5 L/yr

Chennai
Loan Officer
0 - 6 years exp.
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₹1.3 L/yr - ₹4 L/yr

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Loan Officer Salary By Industries

Industries Avg. annual salary

Financial Services

Loan Officer
0 - 6 years exp.
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₹1.5 L/yr - ₹4 L/yr

NBFC

Loan Officer
0 - 6 years exp.
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₹1.5 L/yr - ₹3.7 L/yr

Banking

Loan Officer
0 - 6 years exp.
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₹1.6 L/yr - ₹4.1 L/yr

Internet

Loan Officer
0 - 6 years exp.
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₹1.2 L/yr - ₹4.8 L/yr

Insurance

Loan Officer
0 - 6 years exp.
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₹1.5 L/yr - ₹4.2 L/yr

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Frequently Asked Questions (FAQS) about Loan Officer Salaries

What is the salary of a Loan Officer in India?
The salary of a Loan Officer in India varies based on experience, location, company & Industry. On average, Loan Officer salaries ranges from ₹1.4 Lakhs to ₹4.2 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹1.4 Lakhs to ₹4.2 Lakhs per year, with the highest salary reaching ₹1.4 Lakhs to ₹4.2 Lakhs per year. Salary estimates are based on 2.8k salaries received from various Loan Officers across industries.
What are the top paying companies that employ Loan Officers?
Loan Officer Salaries at Top paying companies in India are
HDFC Bank Loan Officer Salary ₹1.4 Lakhs to ₹4.2 Lakhs per year
Ujjivan Small Finance Bank Loan Officer Salary ₹1.7 Lakhs to ₹3.8 Lakhs per year
Tata Capital Loan Officer Salary ₹2 Lakhs to ₹3.1 Lakhs per year
HDFC Sales Loan Officer Salary ₹1.8 Lakhs to ₹4.1 Lakhs per year
Spandana Sphoorty Financial Loan Officer Salary ₹1.4 Lakhs to ₹4 Lakhs per year
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
What are the top paying cities for Loan Officer in India?
The annual salary for Loan Officer in India varies by location. Top paying cities for Loan Officer are
Loan Officer Salary in New Delhi ₹1.4 Lakhs to ₹4.5 Lakhs per year
Loan Officer Salary in Mumbai ₹1.6 Lakhs to ₹6.0 Lakhs per year
Loan Officer Salary in Bangalore / Bengaluru ₹1.8 Lakhs to ₹4.5 Lakhs per year
Loan Officer Salary in Kolkata ₹1.2 Lakhs to ₹3.5 Lakhs per year
Loan Officer Salary in Chennai ₹1.3 Lakhs to ₹4.0 Lakhs per year
Salary expectations for Loan Officer may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Loan Officer in India?
Top 5 paying Industries for Loan Officer in India are:
Loan Officer Salary in Financial Services ₹1.5 Lakhs to ₹4.0 Lakhs per year
Loan Officer Salary in NBFC ₹1.5 Lakhs to ₹3.7 Lakhs per year
Loan Officer Salary in Banking ₹1.6 Lakhs to ₹4.1 Lakhs per year
Loan Officer Salary in Internet ₹1.2 Lakhs to ₹4.8 Lakhs per year
Loan Officer Salary in Insurance ₹1.5 Lakhs to ₹4.2 Lakhs per year
What are the fresher salaries as Loan Officer?
Fresher salaries for Loan Officer in India typically range from ₹1.2 Lakhs to ₹4 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 Loan Officer in India?
Experience significantly impacts a Loan Officer salary in India. Salaries increase with experience, as Loan Officer take on more complex tasks, responsibilities, and leadership roles. Loan Officer salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹4.0 Lakhs per year
1 year ₹1.3 Lakhs to ₹3.6 Lakhs per year
2 years ₹1.5 Lakhs to ₹4.0 Lakhs per year
3 years ₹1.5 Lakhs to ₹4.1 Lakhs per year
and so on.

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