Annapurna Finance Loan Officer Salaries by 4 Employees

1 - 5 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Loan Officer Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Loan Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
Finance & Accounting Loan Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Marketing & Communication Loan Officer Salary 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 23 Nov 2023

Companies similar to Annapurna Finance for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (200 salaries)	₹1.2 L/yr - ₹4.5 L/yr 15% more
Tata Capital Loan Officer Salary 0 - 5 years exp. (78 salaries)	₹2.1 L/yr - ₹3.5 L/yr 34% more	59 job openings
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Aye Finance Loan Officer Salary 1 - 6 years exp. (62 salaries)	₹2 L/yr - ₹3.6 L/yr 23% more
HDB Financial Services Loan Officer Salary 0 - 4 years exp. (49 salaries)	₹1.2 L/yr - ₹3.5 L/yr 8% more	3 job openings
Spandana Sphoorty Financial Loan Officer Salary 0 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹5 L/yr 33% more
L&T Finance Loan Officer Salary 0 - 3 years exp. (24 salaries)	₹1.5 L/yr - ₹2.8 L/yr 9% more
Muthoot Fincorp Loan Officer Salary 0 - 4 years exp. (19 salaries)	₹1.5 L/yr - ₹2.7 L/yr 5% less
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹1.3 L/yr - ₹3 L/yr 20% more
IIFL Finance Loan Officer Salary 1 - 6 years exp. (13 salaries)	₹1.8 L/yr - ₹3.7 L/yr 45% more
Svatantra Microfin Loan Officer Salary 2 - 5 years exp. (9 salaries)	₹1.8 L/yr - ₹3.3 L/yr 24% more
SMFG India Credit Loan Officer Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 4% more
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Arohan Financial Services Loan Officer Salary 1 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3.4 L/yr 30% more
Shriram Finance Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 35% more
Aditya Birla Finance Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 79% more
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 6% less
Manappuram Finance Loan Officer Salary 0 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹3.2 L/yr 2% more
Chaitanya India Fin Credit Loan Officer Salary 1 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹3.1 L/yr 14% less
Aavas Financiers Loan Officer Salary 3 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 40% more
SK Finance Limited Loan Officer Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 5% less
Asirvad Microfinance Loan Officer Salary 1 - 5 years exp. (3 salaries)	₹1.4 L/yr - ₹3.9 L/yr 26% more

View all

Loan Officer salary at Annapurna Finance ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Loan Officer salaries

Last Updated: 23 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

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₹2 L/yr - ₹2.5 L/yr

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Salary related reviews for Annapurna Finance

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bhubaneswar

Full Time

Other Department

2.0

• posted on 21 Apr 2023

1.0

for Salary and Benefits

Likes

Scope. There indeed is a lot to learn on practical aspevts but again its an individuals choice. Good to start career with such org but not a good haul to stay fr long period as you might feel stagnant.

Job security - Good

+1 more

Dislikes

Culture and baised way of salary structure. Unprofessional way of work. No value for quality work. More of a sheep or donkey rearing place. Unorganised work and heavy load with no appropriate compensation.

Salary - Bad

+4 more

Sales Executive in Sillod

FCO Department

4.0

• posted on 30 Jan 2020

4.0

for Salary and Benefits

Likes

I like Annapurna finance Pvt.Ltd. Compensation & benefits

Salary - Good

+1 more

Dislikes

Compensation is decent but growth is slow The work pressure is very high.Sometimes, I have to work 14 -18 hours Straight in a day as I have to attend clint calls in the evening and sometimes late into the night. Managers do not value an individuals' unique strengths, which is why I have to take back my suggestions most of the times. Ido receive appreciation emails from my clint, but they mostly go unnoticed during my mid-year appraisals.

Work-life balance - Bad

Branch Manager

Finance & Accounting Department

5.0

• posted on 11 Dec 2018

3.0

for Salary and Benefits

Likes

Annapurana microfinance pvt.Ltd. is the finest work place for fresher's who wants to make carrier in finance department or banking. Here job is challenging and a good work place .

Skill development - Good

+2 more

Dislikes

This company has no time limit to work ,monthly 4 leaves, good salary and timing, branch management not good.

Company culture - Poor

Management Associate in Bhubaneswar

Full Time

Quality Assurance Department

1.0

• posted on 25 Aug 2024

1.0

for Salary and Benefits

Likes

On time salary.

Dislikes

Behaviour of HOD's. Some HOD's have no vision they are very much confused what to do and don't have proper knowledge. No Work life balance. Some times you have to seat beyond working hours just for oil polishing to bosses.

Salary - Bad

+6 more

Associate Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 15 Jun 2024

3.0

for Salary and Benefits

Likes

Its only Salary Credit on 30th of Every Month.

Dislikes

Its Frustrating to work here. using the out dated software like Tally for accounting & Excel is reliable tool. There's Constant unnecessary pressure given by Senior's , they think like Boss of companies. They making Lock in Software even current month work in progress and ask you why not work is Updated / the useless question from a senior. Every day they will tourture you and don't come here for money only. job satisfaction is nil . Just don't waste your life by joining this Organization.

Skill development - Poor

+5 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Annapurna Finance Loan Officer Salary FAQs

What is the salary of Loan Officer at Annapurna Finance ?

The average salary of a Loan Officer at Annapurna Finance in India typically ranges from ₹2.0 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Loan Officer at Annapurna Finance earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Loan Officer Salaries at Annapurna Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Annapurna Finance employees in India.

What is the estimated take home salary of a Loan Officer at Annapurna Finance in India?

The estimated take-home salary of a Loan Officer at Annapurna Finance in India typically ranges from ₹14,705 to ₹16,247 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Annapurna Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Annapurna Finance for Loan Officer in India?

Piramal Capital Housing Finance	₹1.9 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Finance	₹3.0 Lakhs to ₹4.5 Lakhs per year
IIFL Finance	₹1.8 Lakhs to ₹3.7 Lakhs per year
Aavas Financiers	₹2.6 Lakhs to ₹3.3 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Annapurna Finance, depending on the role and experience level.

What is the salary of a Loan Officer in companies similar to Annapurna Finance in India?

The salary of a Loan Officer at companies similar to Annapurna Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital	₹2.1 Lakhs to ₹3.5 Lakhs per year
Spandana Sphoorty Financial	₹1.4 Lakhs to ₹5.0 Lakhs per year
Muthoot Microfin	₹1.2 Lakhs to ₹5.3 Lakhs per year
Arohan Financial Services	₹1.8 Lakhs to ₹3.4 Lakhs per year
Asirvad Microfinance	₹1.4 Lakhs to ₹3.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Loan Officer at Annapurna Finance in India?

The salary growth for a Loan Officer at Annapurna Finance depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at Annapurna Finance:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
4 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Annapurna Finance Loan Officer Salaries

Annapurna Finance Loan Officer salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Annapurna Finance latest salaries received from various employees of Annapurna Finance.