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Axis Bank Loan Officer salaries in Chennai

Annual salary range
1 - 5 years exp.
₹2.1 Lakhs - ₹2.2 Lakhs
Salary of majority employees
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26% less than the average Loan Officer Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role? 3 job openings

Last Updated: 1 Mar 2024

Companies similar to Axis Bank for Loan Officer in Chennai

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Axis Bank Loan Officer Salary

1 - 5 years exp. (4 salaries)

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₹2.1 L/yr - ₹2.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Loan Officer Salary

0 - 4 years exp. (6 salaries)

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₹1.2 L/yr - ₹2.9 L/yr

arrow icon 32% more
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ICICI Bank Loan Officer Salary

1 - 7 years exp. (4 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 29% more
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HDFC Sales Loan Officer Salary

1 - 6 years exp. (35 salaries)

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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 28% more
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₹2.1 L/yr - ₹3.1 L/yr

arrow icon 36% more
3 job openings
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Kinara Capital Loan Officer Salary

0 - 4 years exp. (4 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 28% more
Loan Officer salary at Axis Bank ranges between ₹2.1 Lakhs to ₹2.2 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 Axis Bank.

Latest annual salaries shared by Axis Bank Loan Officer in Chennai

1y ago
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5 years exp.

Experience wise Axis Bank Loan Officer salaries in Chennai

Last Updated: 1 Mar 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Axis Bank

Deputy Manager Salary
(838 salaries)
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₹2.45 L/yr - ₹10.65 L/yr
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₹1 L/yr - ₹5.5 L/yr
Sales Manager Salary
(182 salaries)
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₹2.8 L/yr - ₹13.21 L/yr
Sales Officer Salary
(136 salaries)
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₹1.15 L/yr - ₹3.5 L/yr
Team Lead Salary
(18 salaries)
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₹2 L/yr - ₹5 L/yr
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₹2.31 L/yr - ₹3 L/yr
Analyst Salary
(3 salaries)
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₹8.76 L/yr - ₹17 L/yr

Top skills at Axis Bank for Loan Officer

Business Development Direct Sales Banking Sales Field Sales Home Loans Auto Loans Microfinance iprocess Credit Cards Insurance housing finance Lap Business Loan Home Loans Personal Loans

Salary related reviews for Axis Bank

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 24 Jan 2025

3.0
 for  Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

  • Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

Legal & Regulatory Department

2.0
  •  posted on 11 Dec 2024

1.0
 for  Salary and Benefits

Likes

The team is good and if you want to learn on your own

  • Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 21 Nov 2024

5.0
 for  Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

read more
  • Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Nov 2024

2.0
 for  Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

  • Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Oct 2024

1.0
 for  Salary and Benefits

Likes

I'm very disappointed with my experience at Axis Bank. The work culture feels overly pressurized, and I find the numerous account charges frustrating. It seems like there are fees for every little thing, which adds to my dissatisfaction. Overall, I do not appreciate the environment or the practices at Axis Bank.

read more

Dislikes

... to such pressure, especially during peak login times. I hate this bank forever. I’ve been facing significant financial strain due to my salary being consistently low at 7,000 to 8,000 for the past 10 months. The bank has deducted amounts for parental insurance without proper communication, and this has caused me a lot of hardship.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Axis Bank Loan Officer Salary FAQs

What is the salary of Loan Officer at Axis Bank in Chennai?
The average salary of a Loan Officer at Axis Bank in Chennai typically ranges from ₹2.1 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Loan Officer in Chennai at Axis Bank earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Loan Officer Salaries at Axis Bank 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 Axis Bank employees in India.
What is the estimated take home salary of a Loan Officer at Axis Bank in Chennai?
The estimated take-home salary of a Loan Officer at Axis Bank in Chennai typically ranges from ₹15,114 to ₹16,691 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹2.2 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 Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Loan Officer at Axis Bank in Chennai?
To be a Loan Officer at Axis Bank in Chennai, the key skills required include:

  • - Business Development
  • - Direct Sales
  • - Banking Sales
  • - Field Sales
  • - Home Loans

These skills are highly valued at Axis Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Bank for Loan Officer in India?
Ujjivan Small Finance Bank ₹2.1 Lakhs to ₹3.1 Lakhs per year
HDFC Bank ₹1.2 Lakhs to ₹2.9 Lakhs per year
ICICI Bank ₹1.8 Lakhs to ₹4.0 Lakhs per year
Kinara Capital ₹2.2 Lakhs to ₹3.5 Lakhs per year
HDFC Sales ₹1.6 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Bank, depending on the role and experience level.
How the salary growth look like for a Loan Officer at Axis Bank in Chennai?
The salary growth for a Loan Officer at Axis Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Loan Officer in Chennai can expect the following growth trajectory at Axis Bank:

Experience Average Salary Range
1 year ₹0.8 Lakhs to ₹2.2 Lakhs per year
2 years ₹0.9 Lakhs to ₹2.2 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years ₹2.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Bank Loan Officer salary in Chennai ranges between ₹2.1 Lakhs to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Axis Bank latest salaries received from various employees of Axis Bank.