Loan Officer
Annual salary range
₹1.4 Lakh - ₹3.5 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byLoan Officer Salary in Indore
based on 28
latest salaries
• updated:
20 Oct 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Loan Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(1
salaries)
|  ₹1.9 L/yr - ₹1.9 L/yr |
1
year
(9
salaries)
| ₹1.6 L/yr - ₹3.5 L/yr |
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| |
2
years
(6
salaries)
| ₹1.4 L/yr - ₹3.5 L/yr |
3
years
(7
salaries)
| ₹2 L/yr - ₹3 L/yr |
4
years
(4
salaries)
| ₹2.2 L/yr - ₹3.1 L/yr |
View all salaries by experience
Loan Officer Salary in
Indore ranges between ₹1.4
Lakh to ₹3.5
Lakhs for
less than 1 year of experience to 5 years of experience
. Salary estimates are based on
28 latest salaries received
from Loan Officer.
See latest salaries
Loan Officer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Customer Success, Service & Operations
Loan Officer Salary
1 - 3
years
exp.
(4
salaries)
| ₹2.2 L/yr - ₹3.5 L/yr |
Login to view exact salary
| |
Sales & Business Development
Loan Officer Salary
1 - 3
years
exp.
(4
salaries)
| ₹1.7 L/yr - ₹2.5 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Loan Officers
2d ago
Bandhan Bank
Loan Officer
4 years exp.
2d ago
Teleperformance
Loan Officer
2 years exp.
2d ago
American Express
Loan Officer
4 years exp.
3d ago
Solutions Offshoot
Loan Officer
1 year exp.
3d ago
Ujjivan Small Finance Bank
Loan Officer
6 years exp.
3d ago
Tata Capital
Loan Officer
2 years exp.
4d ago
Spandana Sphoorty Financial
Loan Officer
2 years exp.
5d ago
Ujjivan Small Finance Bank
Loan Officer
5 years exp.
5d ago
Aye Finance
Loan Officer
5 years exp.
5d ago
Aye Finance
Loan Officer
4 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| | ||
| | ||
| | 25 job openings | |
| | ||
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
4
yrs
exp.
.
Indore
(4 salaries)
|
₹1.7 L/yr - ₹3 L/yr | |
1 -
2
yrs
exp.
.
Indore
(4 salaries)
|
₹2 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
1 -
3
yrs
exp.
.
Indore
(3 salaries)
|
₹1.4 L/yr - ₹2 L/yr | |
3 -
4
yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹3 L/yr | |
1 yr
exp.
.
Indore
(AmbitionBox Estimate)
|
₹1.6 L/yr - ₹2.1 L/yr | |
3 -
4
yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
7 yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
1 yr
exp.
.
Indore
(AmbitionBox Estimate)
|
₹1.9 L/yr - ₹2 L/yr | |
Login to view exact salary
| ||
3 yrs
exp.
.
Indore
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
Fresher
.
Indore
(AmbitionBox Estimate)
|
₹1.7 L/yr - ₹2.2 L/yr | |
Loan Officer Jobs in Indore
Loan Officer
· 0-2 years
HDB Financial Services
₹1.8
L/yr
- ₹2.3
L/yr
Hyderabad / Secunderabad
Loan Officer
· 0-3 years
Tata Capital Ltd
Ranchi
Loan Officer
· 0-4 years
Axis Bank
Haridwar
Similar Designation Salaries for Loan Officer
| Designations | Avg Annual Salary |
|---|---|
Sales Officer Salary
1 -
10
years
exp.
(919 salaries)
| ₹1.7 L/yr - ₹6.5 L/yr |
Manager Salary
4 -
16
years
exp.
(1.5k salaries)
| ₹3 L/yr - ₹20.7 L/yr |
Login to view exact salary
| |
Collection Officer Salary
1 -
7
years
exp.
(174 salaries)
| ₹1.6 L/yr - ₹3.4 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(840 salaries)
| ₹3.3 L/yr - ₹18 L/yr |
Relationship Officer Salary
0 -
5
years
exp.
(169 salaries)
| ₹1.5 L/yr - ₹4.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Loan Officer
Axis Bank
Sales Manager in Siliguri
• posted on 04 Oct 2024
Likes
Salary credited on time. Work culture is so so.
Dislikes
No work - personal life balance. Worked on holiday's but no comp off. Bonus and salary hike is too low. No training conducted in 3 year's of my term. Very less interaction between higher supervisor.
read moreHDFC Bank
Sales Manager in Bhiwani
• posted on 04 Oct 2024
HDB Financial Services
Sales Officer in Indore
• posted on 29 Sep 2024
Likes
Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc
Dislikes
...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .
read moreSpandana Sphoorty Financial
Branch Manager
• posted on 04 Nov 2024
Dislikes
I really nothing dislike about my curent company
Aye Finance
Loan Officer in Tadepalligudem
• posted on 19 Dec 2024
Likes
Company loan amount is quick release company is good policy.
Top skills for Loan Officer
Loan Officer Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Loan Officer
0 -
6
years
exp.
| ₹1.4 L/yr - ₹4.2 L/yr |
Mumbai
Loan Officer
0 -
6
years
exp.
| ₹1.5 L/yr - ₹6.5 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Loan Officer
0 -
6
years
exp.
| ₹1.8 L/yr - ₹4.5 L/yr |
Kolkata
Loan Officer
0 -
6
years
exp.
| ₹1.2 L/yr - ₹3.5 L/yr |
Chennai
Loan Officer
0 -
6
years
exp.
| ₹1.2 L/yr - ₹4 L/yr |
View More
Loan Officer Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Loan Officer
0 -
6
years
exp.
| ₹1.5 L/yr - ₹4 L/yr |
NBFC
Loan Officer
0 -
6
years
exp.
| ₹1.5 L/yr - ₹3.6 L/yr |
Login to view exact salary
| |
Banking
Loan Officer
0 -
6
years
exp.
| ₹1.6 L/yr - ₹4.1 L/yr |
Internet
Loan Officer
0 -
6
years
exp.
| ₹1.2 L/yr - ₹4.8 L/yr |
FinTech
Loan Officer
0 -
6
years
exp.
| ₹1.5 L/yr - ₹3.7 L/yr |
View More
Frequently Asked Questions about Loan Officer Salaries
What is the salary of a Loan Officer in India?
Salary for a Loan Officer in India ranges between ₹1.4 Lakhs to ₹3.5 Lakhs per year. Salary estimates are based on 28 latest salaries received from various Loan Officers across industries.
What are the top paying companies that employ Loan Officers?
- Ujjivan Small Finance Bank Loan Officer Salary - ₹3.1 Lakhs per year
- HDFC Sales Loan Officer Salary - ₹3.0 Lakhs per year
- HDFC Bank Loan Officer Salary - ₹3.0 Lakhs per year
- Tata Capital Loan Officer Salary - ₹3.0 Lakhs per year
- Bandhan Bank Loan Officer Salary - ₹2.9 Lakhs per year
What is the starting salary for a Loan Officer in India?
Average starting Salary for Loan Officer in India is around ₹1.4 Lakhs per year (₹11.7k per month). No prior experience is required to be a Loan Officer.
What is the highest salary for a Loan Officer in India?
Highest salary that a Loan Officer can earn is ₹4.3 Lakhs per year (₹35.8k per month).
What are the top paying industries for Loan Officer in India?
- Financial Services - ₹2.0 Lakhs to 5.2 Lakhs per year
- NBFC - ₹1.4 Lakhs to 4.5 Lakhs per year
- Internet - ₹1.9 Lakhs to 1.9 Lakhs per year
- BPO - ₹1.9 Lakhs to 1.9 Lakhs per year
- Banking - ₹1.6 Lakhs to 1.9 Lakhs per year
What are the top paying cities for Loan Officer in India?
- Chennai - ₹0.1 Lakhs to 100.0 Lakhs per year
- Mumbai - ₹0.2 Lakhs to 13.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.4 Lakhs to 13.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 12.0 Lakhs per year
- Kolkata - ₹0.1 Lakhs to 5.5 Lakhs per year
What are the popular/top skills required to become a Loan Officer?
These are the top skills of a Loan Officer based on 68 jobs posted by employers.
- Customer Service
- Business Development
- Finance
- Banking Sales
- Home Loans
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Loan Officer Interview Questions
based on 42 interviews
Q1.
Salary expectations
Q2.
Years of experience
Q3.
Thirty thousand per month
Q4.
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