Bajaj Finance Loan Officer Salaries by 10+ Employees (Updated 2024)

0 - 6 years exp.

₹1.3 Lakh - ₹3 Lakhs

Salary of majority employees

At par with the average Loan Officer Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Loan Officer Salary 1 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2.9 L/yr
Customer Success, Service & Operations Loan Officer Salary 1 - 6 years exp. (3 salaries)	₹1.3 L/yr - ₹1.9 L/yr
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Sales & Business Development Loan Officer Salary 3 - 5 years exp. (3 salaries)	₹1.4 L/yr - ₹3 L/yr
Marketing & Communication Loan Officer Salary Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr

Last Updated: 26 Sep 2024

Companies similar to Bajaj Finance for Loan Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Officer Salary 0 - 5 years exp. (111 salaries)	₹1.2 L/yr - ₹5 L/yr 17% more
ICICI Bank Loan Officer Salary 0 - 6 years exp. (23 salaries)	₹1.7 L/yr - ₹6 L/yr 3% more
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Axis Bank Loan Officer Salary 0 - 6 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 18% less	1 job opening
Kotak Mahindra Bank Loan Officer Salary 0 - 5 years exp. (13 salaries)	₹2 L/yr - ₹3.3 L/yr 9% less
State Bank of India Loan Officer Salary 1 - 8 years exp. (9 salaries)	₹2.3 L/yr - ₹5.9 L/yr 80% more
Tata Capital Loan Officer Salary 0 - 4 years exp. (61 salaries)	₹2.1 L/yr - ₹3.6 L/yr 9% more	25 job openings
L&T Finance Loan Officer Salary 1 - 7 years exp. (28 salaries)	₹1.5 L/yr - ₹2.8 L/yr 16% less
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (195 salaries)	₹1.1 L/yr - ₹4.5 L/yr 6% less
HDB Financial Services Loan Officer Salary 0 - 4 years exp. (49 salaries)	₹1.2 L/yr - ₹4 L/yr 17% less	2 job openings
Spandana Sphoorty Financial Loan Officer Salary 1 - 6 years exp. (34 salaries)	₹1.8 L/yr - ₹5 L/yr 5% more
Muthoot Fincorp Loan Officer Salary 0 - 4 years exp. (19 salaries)	₹1.5 L/yr - ₹2.7 L/yr 23% less
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IIFL Finance Loan Officer Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.7 L/yr 23% more
SMFG India Credit Loan Officer Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 16% less
IDFC FIRST Bharat Loan Officer Salary 0 - 3 years exp. (7 salaries)	₹2.4 L/yr - ₹3 L/yr 1% less
Home Credit Finance Loan Officer Salary 1 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 24% less
IIFL SAMASTA Loan Officer Salary 0 - 3 years exp. (5 salaries)	₹1.4 L/yr - ₹2.8 L/yr 22% less
Kotak Mahindra Prime Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 6% less
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 24% less
Manappuram Finance Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹3.2 L/yr 8% less
SK Finance Limited Loan Officer Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 23% less

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Loan Officer salary at Bajaj Finance ranges between ₹1.3 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Loan Officer salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.8 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.7 L/yr
4 years (5 salaries)	₹1.6 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.6 L/yr

View all

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Team Lead Salary

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Relationship Officer Salary

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Senior Sales Officer Salary

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Sales Manager Salary

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Analyst Salary

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₹3 L/yr - ₹33 L/yr

Deputy Manager Salary

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₹3 L/yr - ₹8.78 L/yr

Accountant Salary

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₹0.6 L/yr - ₹5.79 L/yr

Top skills at Bajaj Finance for Loan Officer

Microfinance Group Sales Field Work Business Development Marketing

Salary related reviews for Bajaj Finance

3.8

Rated by 13 employees for salary & benefits

Loan Officer in Palitana

Contractual

Other Department

1.0

• posted on 11 Oct 2023

3.0

for Salary and Benefits

Likes

1.Salary will be basic level much enough for freshers 2. If you like to interact with new people's, this is suitable for you

Dislikes

1.No work life balance 2. No holiday 2. Big NO to Week Offs 3. Extra working times, get ready to work for 12 hours 365 days 4. Toxic culture 5. Work under highly pressure 6. Abusive culture 7. No support from high authority when in trouble 8. If you are well achiever, you may get promotion but if one of month you goes for low, you would be hashed. 9. Big no to work here

Finance Executive in Nellore

Full Time

Finance & Accounting Department

3.0

• posted on 08 Oct 2024

3.0

for Salary and Benefits

Likes

Enjoy working

Dislikes

No leaves even it festivals Insurance claim delay Sundays no leaves Large salary cuttings No outings You might think boring life No esi and pf traing My Pf was cutting after a year it's so bad And some more what I cannot able to written here

Collection Officer in Kolkata

Full Time

Other Department

1.0

• posted on 22 Sep 2023

1.0

for Salary and Benefits

Likes

Worst company if you give customer emi from your salary ur good collection officer if you can't do that ur job is not done complet in Baja finance bucket x

Dislikes

If you pay customer emi from your salary and you want some person use abuse language about ur family and if you tolerate thise you can join thise company

Sales Officer in Madurai

Full Time

Other Department

1.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

Collection Officer in Jhalda

Full Time

Other Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike every year.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Finance Loan Officer Salary FAQs

What is the salary of Loan Officer at Bajaj Finance?

Loan Officer salary at Bajaj Finance in India ranges between ₹1.3 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 4% less than the average Loan Officer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Finance India.

How does the salary of a Loan Officer at Bajaj Finance India compare with the average salary range for this job?

The average salary of a Loan Officer at Bajaj Finance is 4% less than the average salary of a Loan Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Loan Officer at Bajaj Finance?

Microfinance, Group Sales, Field Work, Business Development and Marketing are some of the popular skills required to work as a Loan Officer at Bajaj Finance India.

Which similar companies are paying more than Bajaj Finance to a Loan Officer in India?

State Bank of India Loan Officer Salary - ₹2.3 Lakhs to ₹5.9 Lakhs per year
IIFL Finance Loan Officer Salary - ₹1.8 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Loan Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Tata Capital Loan Officer Salary - ₹2.1 Lakhs to ₹3.6 Lakhs per year
Muthoot Microfin Loan Officer Salary - ₹1.2 Lakhs to ₹5.3 Lakhs per year

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

Spandana Sphoorty Financial Loan Officer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Shriram Finance Loan Officer Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
ICICI Bank Loan Officer Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year
IDFC FIRST Bharat Loan Officer Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindra Prime Loan Officer Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Loan Officer at Bajaj Finance ranges between ₹18,520 per month to ₹20,205 per month in India. The take-home salary calculation is based on the average Bajaj Finance Loan Officer salary in India which ranges between ₹1.3 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at Bajaj Finance?

According to AmbitionBox, 74% of the Bajaj Finance Loan Officers reported a notice period of 15 days or less, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Bajaj Finance Loan Officer Salaries

Bajaj Finance Loan Officer salary in India ranges between ₹1.3 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Bajaj Finance latest salaries received from various employees of Bajaj Finance.