Loan Officer
Annual salary range
₹1.6 Lakh - ₹6 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byLoan Officer Salary in Mumbai
based on 153
latest salaries
• updated:
10 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Loan Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(11
salaries)
|  ₹1.8 L/yr - ₹4.4 L/yr |
1
year
(27
salaries)
| ₹1.7 L/yr - ₹4.1 L/yr |
Login to view exact salary
| |
2
years
(31
salaries)
| ₹1.7 L/yr - ₹6 L/yr |
3
years
(31
salaries)
| ₹1.6 L/yr - ₹4.9 L/yr |
4
years
(21
salaries)
| ₹1.7 L/yr - ₹4 L/yr |
View all salaries by experience
Loan Officer Salary in
Mumbai ranges between ₹1.6
Lakh to ₹6
Lakhs for
less than 1 year of experience to 6 years of experience
. Salary estimates are based on
153 latest salaries received
from Loan Officer.
See latest salaries
Loan Officer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Loan Officer Salary
0 - 6
years
exp.
(34
salaries)
| ₹1.8 L/yr - ₹6 L/yr |
Login to view exact salary
| |
Finance & Accounting
Loan Officer Salary
0 - 6
years
exp.
(27
salaries)
| ₹1.7 L/yr - ₹6 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
1d ago
Ujjivan Small Finance Bank
Loan Officer
6 years exp.
1d ago
NoBroker
Loan Officer
5 years exp.
2d ago
Tata Power
Loan Officer
2 years exp.
2d ago
Unity Small Finance Bank
Loan Officer
2 years exp.
2d ago
Axis Bank
Loan Officer
2 years exp.
2d ago
I Process Services
Loan Officer
4 years exp.
3d ago
AVIOM
Loan Officer
1 year exp.
3d ago
IDFC FIRST Bank
Loan Officer
4 years exp.
3d ago
Unity Small Finance Bank
Loan Officer
8 months exp.
3d ago
AVIOM
Loan Officer
2 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | 3 job openings | |
| | ||
| | ||
| | 28 job openings | |
| | ||
Is this list helpful? | ||
View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
6
yrs
exp.
.
Mumbai
(34 salaries)
|
₹1.8 L/yr - ₹5 L/yr | |
0 -
7
yrs
exp.
.
Mumbai
(19 salaries)
|
₹1.9 L/yr - ₹3.9 L/yr | 3 job openings |
Login to view exact salary
| ||
1 -
5
yrs
exp.
.
Mumbai
(11 salaries)
|
₹1.7 L/yr - ₹4 L/yr | |
4 -
8
yrs
exp.
.
Mumbai
(8 salaries)
|
₹3.8 L/yr - ₹5.2 L/yr | |
3 -
8
yrs
exp.
.
Mumbai
(7 salaries)
|
₹5 L/yr - ₹9 L/yr | |
0 -
4
yrs
exp.
.
Mumbai
(7 salaries)
|
₹1.5 L/yr - ₹2 L/yr | |
0 -
3
yrs
exp.
.
Mumbai
(6 salaries)
|
₹2 L/yr - ₹3 L/yr | |
0 -
5
yrs
exp.
.
Mumbai
(4 salaries)
|
₹1.2 L/yr - ₹2.6 L/yr | |
Login to view exact salary
| ||
4 -
6
yrs
exp.
.
Mumbai
(4 salaries)
|
₹2.2 L/yr - ₹2.7 L/yr | 19 job openings |
2 -
5
yrs
exp.
.
Mumbai
(4 salaries)
|
₹4.9 L/yr - ₹6.5 L/yr | |
Loan Officer Jobs in Mumbai
Loan Officer
· 0-1 year
QUESS CORP LTD
₹1.5
L/yr
- ₹2.5
L/yr
Mohali
Loan Officer
· 1-6 years
Ujjivan Small Finance Bank
₹3.5
L/yr
- ₹4
L/yr
Vasai-Virar
Loan Officer
· 0-4 years
Tata Capital Ltd
Purnia
Similar Designation Salaries for Loan Officer
| Designations | Avg Annual Salary |
|---|---|
Sales Officer Salary
1 -
10
years
exp.
(4k salaries)
| ₹1.8 L/yr - ₹6.3 L/yr |
Manager Salary
4 -
16
years
exp.
(47.5k salaries)
| ₹5 L/yr - ₹29 L/yr |
Login to view exact salary
| |
Collection Officer Salary
1 -
7
years
exp.
(644 salaries)
| ₹1.7 L/yr - ₹4 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(49.3k salaries)
| ₹2.6 L/yr - ₹18 L/yr |
Team Lead Salary
2 -
12
years
exp.
(21.2k salaries)
| ₹2.4 L/yr - ₹18 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 Vijayawada
• posted on 04 Jan 2025
Likes
strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization
read moreDislikes
Some challenges include high work pressure,
HDB Financial Services
Sales Officer in Barpeta
• posted on 01 Nov 2024
Ujjivan Small Finance Bank
Sales Manager in Panipat
• posted on 06 Nov 2024
Likes
Working culture and learning criteria was excellent
Dislikes
Please take as similar parameters for salary and other benefits for se grade of employees
read moreSpandana Sphoorty Financial
Branch Manager
• posted on 04 Nov 2024
Dislikes
I really nothing dislike about my curent company
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 - ₹4.5 L/yr |
Bangalore / Bengaluru
Loan Officer
0 -
6
years
exp.
| ₹1.8 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
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 |
Hyderabad / Secunderabad
Loan Officer
0 -
6
years
exp.
| ₹1.5 L/yr - ₹4.5 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 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 ₹1.6 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 153 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 Bank Loan Officer Salary - ₹3.1 Lakhs per year
- HDFC Sales Loan Officer Salary - ₹3.1 Lakhs per year
- Tata Capital Loan Officer Salary - ₹2.8 Lakhs per year
- Bandhan Bank Loan Officer Salary - ₹2.8 Lakhs per year
What is the starting salary for a Loan Officer in India?
Average starting Salary for Loan Officer in India is around ₹1.6 Lakhs per year (₹13.3k 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?
- Investment Banking / Venture Capital / Private Equity - ₹4.9 Lakhs to 6.5 Lakhs per year
- Banking - ₹1.2 Lakhs to 10.0 Lakhs per year
- Financial Services - ₹0.3 Lakhs to 13.0 Lakhs per year
- Internet - ₹2.3 Lakhs to 4.5 Lakhs per year
- NBFC - ₹1.2 Lakhs to 4.0 Lakhs per year
What are the top paying cities for Loan Officer in India?
- Mumbai - ₹0.2 Lakhs to 13.0 Lakhs per year
- Chennai - ₹0.1 Lakhs to 100.0 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 4.5 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 64 jobs posted by employers.
- Customer Service
- Business Development
- Finance
- Banking Sales
- Home Loans
Tell us how to improve this page.
Popular Calculators
Q1. How will you persuade someone to take loan from you
asked in
HDFC Ergo General Insurance
View answer (1) Q2. How to manage Loan Customer who are don't pay Instalment?
asked in
Sathi Micro-Finance
View answer (1) Calculate your monthly in-hand salary
What’s left after taxes? Enter your CTC for a breakdown.
- Home >
- Salaries >
- Loan Officer Salary >
- Loan Officer Salary in Mumbai
Rate your company