Bank of Baroda Loan Officer Salaries by 4 Employees

5 - 6 years exp.

₹7 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

259% 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
Ujjivan Small Finance Bank Loan Officer Salary 0 - 9 years exp. (354 salaries)	₹1.7 L/yr - ₹4.3 L/yr 68% less	4 job openings
HDFC Bank Loan Officer Salary 0 - 5 years exp. (107 salaries)	₹1.2 L/yr - ₹5 L/yr 69% less
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RBL Bank Loan Officer Salary 0 - 3 years exp. (46 salaries)	₹1.3 L/yr - ₹2.5 L/yr 80% less
IDFC FIRST Bank Loan Officer Salary 0 - 5 years exp. (43 salaries)	₹1 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
Axis Bank Loan Officer Salary 0 - 5 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 78% less	2 job openings
Bandhan Bank Loan Officer Salary 0 - 6 years exp. (27 salaries)	₹1.7 L/yr - ₹4.1 L/yr 71% less
ICICI Bank Loan Officer Salary 1 - 8 years exp. (25 salaries)	₹1.8 L/yr - ₹6 L/yr 71% less
Kotak Mahindra Bank Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹2 L/yr - ₹3 L/yr 75% less
State Bank of India Loan Officer Salary 1 - 8 years exp. (13 salaries)	₹2.3 L/yr - ₹5.1 L/yr 56% less
Jana Small Finance Bank Loan Officer Salary 0 - 6 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 77% less
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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
Punjab National Bank Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹4.6 L/yr - ₹7.5 L/yr 39% 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

3.0

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

see more salary related reviews

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What people are saying about Bank of Baroda

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a senior manager

Double Package

I have a graduate degree and am earning 6 lac p.a in the banking sector with 7 years of experience. How can I double my package..any suggestions ?

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Bank of Baroda Loan Officer Salary FAQs

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

The average salary of a Loan Officer at Bank of Baroda in India typically ranges from ₹7.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 5 years to 6 years).

The top 10% of Loan Officer at Bank of Baroda earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Loan Officer Salaries at Bank of Baroda 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 Bank of Baroda employees in India.

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 in India typically ranges from ₹71,158 to ₹72,991 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 5 years to 6 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 Bank of Baroda. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Standard Chartered	₹1.6 Lakhs to ₹12.0 Lakhs per year
Punjab National Bank	₹4.6 Lakhs to ₹7.5 Lakhs per year
Canara Bank	₹1.4 Lakhs to ₹10.0 Lakhs per year
State Bank of India	₹2.3 Lakhs to ₹5.1 Lakhs per year
Ujjivan Small Finance Bank	₹1.7 Lakhs to ₹4.3 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 Bank of Baroda in India?

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

Experience	Average Salary Range
5 years	₹7.0 Lakhs to ₹12.0 Lakhs per year
6 years	₹4.6 Lakhs to ₹12.0 Lakhs per year

and so on.

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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.