Loan Officer
Annual salary range
₹1.5 Lakh - ₹6.5 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:
2 Dec 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
(12
salaries)
|  ₹1.5 L/yr - ₹4.4 L/yr |
1
year
(29
salaries)
| ₹1.5 L/yr - ₹4.1 L/yr |
Login to view exact salary
| |
2
years
(29
salaries)
| ₹1.5 L/yr - ₹6.5 L/yr |
3
years
(30
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 ₹1.5
Lakh to ₹6.5
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.
(36
salaries)
| ₹1.5 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 - ₹6.5 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
1d ago
Telle Access
Loan Officer
2 years exp.
2d ago
LimeTray
Loan Officer
1 year exp.
2d ago
Kamal Autofinance
Loan Officer
3 years exp.
2d ago
State Bank of India
Loan Officer
5 years exp.
3d ago
AVIOM
Loan Officer
5 years exp.
3d ago
Mahindra Automotives
Loan Officer
1 year exp.
4d ago
Sv Creditline
Loan Officer
4 years exp.
4d ago
HDB Financial Services
Loan Officer
1 year exp.
4d ago
RXP Services
Loan Officer
3 years exp.
4d ago
HDFC Sales
Loan Officer
2 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | 1 job opening | |
| | ||
| | ||
| | ||
| | 25 job openings | |
Is this list helpful? | ||
View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
6
yrs
exp.
.
Mumbai
(35 salaries)
|
₹1.8 L/yr - ₹3.5 L/yr | |
0 -
7
yrs
exp.
.
Mumbai
(20 salaries)
|
₹1.9 L/yr - ₹3.9 L/yr | 1 job opening |
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
· 1-6 years
Ujjivan Small Finance Bank
₹3
L/yr
- ₹4
L/yr
Nashik
Loan Officer
· 1-4 years
HDB Financial Services
₹1
L/yr
- ₹1.5
L/yr
Jaipur
Loan Officer
· 0-3 years
Tata Capital Ltd
Ranchi
Similar Designation Salaries for Loan Officer
| Designations | Avg Annual Salary |
|---|---|
Sales Officer Salary
1 -
10
years
exp.
(4k salaries)
| ₹1.8 L/yr - ₹6.2 L/yr |
Manager Salary
4 -
16
years
exp.
(48k salaries)
| ₹5 L/yr - ₹28.9 L/yr |
Login to view exact salary
| |
Collection Officer Salary
1 -
7
years
exp.
(638 salaries)
| ₹1.7 L/yr - ₹4 L/yr |
Branch Manager Salary
4 -
16
years
exp.
(2.6k salaries)
| ₹3 L/yr - ₹21.5 L/yr |
Senior Sales Officer Salary
2 -
12
years
exp.
(1k salaries)
| ₹2.1 L/yr - ₹10.8 L/yr |
View more similar designations
Salary related reviews by similar designations like Loan Officer
Capri Global Capital
Manager in Gurgaon / Gurugram
• posted on 17 Oct 2024
Dislikes
The culture of the company, work life balance.
IDFC FIRST Bank
Sales Officer in Raiganj
• posted on 10 Sep 2024
Likes
Banking system is very good.. finance services very good.
Dislikes
Salary increase problem.. incentive problem. Meneger not supported
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 Officer in Kolkata
• posted on 12 Nov 2024
Likes
a good learning environment, strong career growth opportunities, competitive salary and benefits, a supportive work culture, good infrastructure, and a reputation for job security
read moreDislikes
high pressure sales targets, poor work-life balance, lack of career growth, and a perceived toxic work environment.
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 moreTop 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 |
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 |
Pune
Loan Officer
0 -
6
years
exp.
| ₹1.5 L/yr - ₹4.6 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.
| ₹1.3 L/yr - ₹4.5 L/yr |
FinTech
Loan Officer
0 -
6
years
exp.
| ₹1.5 L/yr - ₹3.6 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 ₹1.5 Lakhs to ₹6.5 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 - ₹3.0 Lakhs per year
- Bandhan Bank Loan Officer Salary - ₹2.9 Lakhs per year
- Tata Capital 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 ₹1.5 Lakhs per year (₹12.5k 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 ₹4.5 Lakhs per year (₹37.5k 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 13.0 Lakhs per year
- Financial Services - ₹0.3 Lakhs to 9.0 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?
- 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 70 jobs posted by employers.
- Customer Service
- Business Development
- Finance
- Banking Sales
- Home Loans
Tell us how to improve this page.
Popular Calculators
Loan Officer Interview Questions
based on 42 interviews
Q1.
Salary expectations
Q2.
Years of experience
Q3.
Thirty thousand per month
Q4.
Please be ready to do DSA works ... Message by
DSA - FOUNDER
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