Bank of Baroda Loan Officer Salaries by 4 Employees

5 - 6 years exp.

₹7 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

261% more than the average Loan Officer Salary in Banking Companies for 5 - 6 years of experience

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Salaries in different departments

Risk Management & Compliance Loan Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹12 L/yr
BFSI, Investments & Trading Loan Officer Salary 5 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr
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Customer Success, Service & Operations Loan Officer Salary 5 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 7 Apr 2023

Companies similar to Bank of Baroda for Loan Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Loan Officer Salary 1 - 8 years exp. (13 salaries)	₹2.3 L/yr - ₹5.1 L/yr 56% less
ICICI Bank Loan Officer Salary 1 - 8 years exp. (23 salaries)	₹1.8 L/yr - ₹6 L/yr 70% less
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HDFC Bank Loan Officer Salary 0 - 5 years exp. (107 salaries)	₹1.2 L/yr - ₹5 L/yr 70% less
Axis Bank Loan Officer Salary 0 - 5 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 78% less	3 job openings
Punjab National Bank Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹4.6 L/yr - ₹7.5 L/yr 39% less
Kotak Mahindra Bank Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹2 L/yr - ₹3 L/yr 75% less
IDFC FIRST Bank Loan Officer Salary 0 - 5 years exp. (44 salaries)	₹1.5 L/yr - ₹3.8 L/yr 75% less
IndusInd Bank Loan Officer Salary 0 - 5 years exp. (33 salaries)	₹1.5 L/yr - ₹4.2 L/yr 72% less
Federal Bank Loan Officer Salary 1 - 2 years exp. (4 salaries)	₹1.3 L/yr - ₹3.5 L/yr 76% less
Ujjivan Small Finance Bank Loan Officer Salary 0 - 9 years exp. (355 salaries)	₹1.7 L/yr - ₹4.3 L/yr 69% less	3 job openings
RBL Bank Loan Officer Salary 0 - 5 years exp. (47 salaries)	₹1.2 L/yr - ₹3.5 L/yr 80% less
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Bandhan Bank Loan Officer Salary 0 - 6 years exp. (27 salaries)	₹1.7 L/yr - ₹4.1 L/yr 71% less
Jana Small Finance Bank Loan Officer Salary 0 - 6 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 77% less
IDBI Bank Loan Officer Salary 0 - 11 years exp. (7 salaries)	₹2 L/yr - ₹7 L/yr 39% less
AU Small Finance Bank Loan Officer Salary 1 - 5 years exp. (7 salaries)	₹1.3 L/yr - ₹3.2 L/yr 79% less
Canara Bank Loan Officer Salary 1 - 8 years exp. (5 salaries)	₹1.4 L/yr - ₹10 L/yr 40% less
Standard Chartered Loan Officer Salary 1 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹12 L/yr 38% less

Loan Officer salary at Bank of Baroda ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Baroda.

Experience wise Bank of Baroda Loan Officer salaries

Last Updated: 7 Apr 2023

Experience	Avg Annual Salary
5 years (3 salaries)	₹7 L/yr - ₹12 L/yr
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6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr

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Salary related reviews for Bank of Baroda

1.0

Rated by 1 employees for salary & benefits

Assistant Manager And Credit Officer in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 20 Jan 2025

4.0

for Salary and Benefits

Likes

perks and salary as compared to other banks.

Salary - Good

+1 more

Dislikes

everything. very bad managment and the behaviour's of the people sitting in admin offices. No infrustructure. Managment just don't care about emplyees, they just want the targets to be fullfilled and if any mistakes happen due to the pressure provided by them then its all the employee's fault.

Work-life balance - Poor

Senior Manager Finance in Pune

Full Time

Finance & Accounting Department

2.0

• posted on 14 Jan 2025

4.0

for Salary and Benefits

Likes

Perks and salary good although not adequate. Transfers are granted on spouse ground.

Salary - Good

+1 more

Dislikes

Many .. employees work like private sector but get paid like a PSU. No methods, lack of staff puts tremendous pressure. Unnecessary work pressure is created where things can go smoothly with little discipline. Some people work and others just don't. Incentive to work is almost nil.

Skill development - Poor

+4 more

Operations Manager in Haridwar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Jan 2025

3.0

for Salary and Benefits

Likes

Salary gets credited on time

Job security - Good

Dislikes

Toxic work culture, no transparency in promotion and transfer, unprofessional HRMs working like a clerk, frequent transfers with plum postings reserved for boot lickers and preferred candidates, staff shortage and too much work pressure. Someone just starting his/her career should spend more time and join somewhere else rather than coming in Public sector bank specially BoB.

Skill development - Bad

+4 more

Branch Receivable Manager in Chandigarh

Full Time

Other Department

2.0

• posted on 15 Dec 2024

1.0

for Salary and Benefits

Likes

what i liked about my job that there was no restriction and target headache. as far as BOB is concerned the organisation as a whole is survivable.

Dislikes

everything starting from employees salary and benefits to everyother thing.

Salary - Bad

+5 more

Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Oct 2024

5.0

for Salary and Benefits

Likes

The bank maintained the payment of salary and allowance promptly.

Salary - Excellent

+1 more

Dislikes

The management follows private culture and the employees are more pressure and no work life balance. There is no satisfaction in work. Every day some fear is there that day how go about meetings and priorities of work. Kindly change the work culture.

Skill development - Bad

+4 more

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Bank of Baroda Loan Officer Salary FAQs

What is the salary of Loan Officer at Bank of Baroda?

Loan Officer salary at Bank of Baroda in India ranges between ₹7.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 6 years. According to our estimates it is 261% more than the average Loan Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Baroda India.

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

The average salary of a Loan Officer at Bank of Baroda is 261% more than the average salary of a Loan Officer in India. To know exact salary insights, login to view.

What is the salary of a Loan Officer in companies similar to Bank of Baroda in India?

Standard Chartered Loan Officer Salary - ₹1.6 Lakhs to ₹12.0 Lakhs per year
Punjab National Bank Loan Officer Salary - ₹4.6 Lakhs to ₹7.5 Lakhs per year
IDBI Bank Loan Officer Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Canara Bank Loan Officer Salary - ₹1.4 Lakhs to ₹10.0 Lakhs per year
State Bank of India Loan Officer Salary - ₹2.3 Lakhs to ₹5.1 Lakhs per year

What is the estimated take home salary of a Loan Officer at Bank of Baroda in India?

The estimated take-home salary of a Loan Officer at Bank of Baroda ranges between ₹71,158 per month to ₹72,991 per month in India. The take-home salary calculation is based on the average Bank of Baroda Loan Officer salary in India which ranges between ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at Bank of Baroda?

According to AmbitionBox, 50% of the Bank of Baroda Loan Officers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of Baroda Loan Officer Salaries

Bank of Baroda Loan Officer salary in India ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of Baroda latest salaries received from various employees of Bank of Baroda.