Bharat Cooperative Bank Loan Officer Salaries by 4 Employees

6 - 8 years exp.

₹5 Lakhs - ₹6 Lakhs

Salary of majority employees

99% more than the average Loan Officer Salary in Financial Services Companies for 6 - 8 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Bharat Cooperative Bank for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Aadhar Housing Finance Loan Officer Salary 2 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹5 L/yr 65% less
Ujjivan Small Finance Bank Loan Officer Salary 0 - 9 years exp. (354 salaries)	₹1.7 L/yr - ₹4.3 L/yr 43% less	3 job openings
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HDFC Sales Loan Officer Salary 0 - 6 years exp. (254 salaries)	₹1.5 L/yr - ₹4.5 L/yr 46% less
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (200 salaries)	₹1.2 L/yr - ₹4.5 L/yr 55% less
HDFC Bank Loan Officer Salary 0 - 5 years exp. (107 salaries)	₹1.2 L/yr - ₹5 L/yr 45% less

Loan Officer salary at Bharat Cooperative Bank ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bharat Cooperative Bank.

Experience wise Bharat Cooperative Bank Loan Officer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.8 L/yr
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8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.8 L/yr

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Finance Executive Salary

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Account Assistant Salary

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Relationship Manager Salary

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Salary related reviews for Bharat Cooperative Bank

4.0

Rated by 1 employees for salary & benefits

Relationship Assistant 1 in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 14 Apr 2024

2.0

for Salary and Benefits

Likes

Its been around 18 Months working here previously I am working in a MNC and compare to that here working is very very good... staff and seniors are like family and co operative and they encourage you to learn every possible work and good work life balance.

Skill development - Good

+4 more

Dislikes

No salary hikes and bit small amount of bonus from past few years.

Salary - Poor

+1 more

Banker in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Aug 2023

2.0

for Salary and Benefits

Likes

Likes I don't know. It depends on the branch and people working with you.

Dislikes

...ferred, so most of the people don't say anything and suffer. Worst management. No yearly salary hike. No bonus. No appreciation of work. Just more work is given as reward for your work. Management should seriously consider this as warning or else no good employees will stay.

Salary - Poor

+5 more

Relationship Assistant in Mumbai

Finance & Accounting Department

2.0

• posted on 04 Sep 2022

2.0

for Salary and Benefits

Likes

I don't know

Dislikes

...ever ending work, due diligence, kyc, cross selling, and many other compliances. Late sittings, no bonus, no appraisals nor promotion, no yearly increments.

Salary - Poor

+5 more

Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Sep 2024

2.0

for Salary and Benefits

Likes

For a fresher, the Bank is great for learning about all major banking functions and processes. Initial training is provided for 5 days which covers concepts like deposits, advances, forex, etc. Its a secure job and in some branches you do get a 'Family Environment'

Job security - Good

Dislikes

No raises or bonuses. Wage revision has not been done since 2016.

Salary - Poor

+3 more

Banker in Mumbai

Full Time

Other Department

5.0

• posted on 31 Oct 2022

5.0

for Salary and Benefits

Likes

I was introduced to Bharat cooperative bank by my uncle few months ago. My very first bank, branch Borivali to work with. Colleagues here are like family, very helpful and supportive. We do use to maintain good relationships with customers. Great place to work with. Multiple new things to learn. Overall 10 on 10 for this bank.

Salary - Excellent

+6 more

Dislikes

Nothing.

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bharat Cooperative Bank Loan Officer Salary FAQs

What is the salary of Loan Officer at Bharat Cooperative Bank ?

The average salary of a Loan Officer at Bharat Cooperative Bank in India typically ranges from ₹5.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Loan Officer at Bharat Cooperative Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Loan Officer Salaries at Bharat Cooperative 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 Bharat Cooperative Bank employees in India.

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

The estimated take-home salary of a Loan Officer at Bharat Cooperative Bank in India typically ranges from ₹41,288 to ₹42,434 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 6 years to 8 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 Bharat Cooperative Bank. 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 Bharat Cooperative Bank in India?

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

Ujjivan Small Finance Bank	₹1.7 Lakhs to ₹4.3 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹5.0 Lakhs per year
HDFC Sales	₹1.5 Lakhs to ₹4.5 Lakhs per year
Bharat Financial Inclusion	₹1.2 Lakhs to ₹4.5 Lakhs per year
Aadhar Housing Finance	₹1.5 Lakhs to ₹5.0 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 Bharat Cooperative Bank in India?

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

Experience	Average Salary Range
6 years	₹5.1 Lakhs to ₹6.0 Lakhs per year
7 years	₹5.0 Lakhs to ₹9.8 Lakhs per year
8 years	₹2.2 Lakhs to ₹5.8 Lakhs per year

and so on.

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Bharat Cooperative Bank Loan Officer Salaries

Bharat Cooperative Bank Loan Officer salary in India ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bharat Cooperative Bank latest salaries received from various employees of Bharat Cooperative Bank.