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CENTRUM MICROCREDIT Loan Officer salaries in India

Annual salary range
0 - 4 years exp.
₹1.5 Lakh - ₹2.3 Lakhs
Salary of majority employees
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37% less than the average Loan Officer Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Loan Officer Salary
1 - 4 years exp. (4 salaries)
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₹1.7 L/yr - ₹2.3 L/yr

BFSI, Investments & Trading
Loan Officer Salary
Fresher (AmbitionBox Estimate)
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₹1.5 L/yr - ₹1.7 L/yr

Last Updated: 24 Sep 2023

Companies similar to CENTRUM MICROCREDIT for Loan Officer

Company name Avg Annual Salary Open Jobs
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Sewa Grih Rin Loan Officer Salary

0 - 5 years exp. (31 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 47% more
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Ujjivan Small Finance Bank Loan Officer Salary

0 - 9 years exp. (355 salaries)

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₹1.7 L/yr - ₹4.3 L/yr

arrow icon 78% more
4 job openings
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HDFC Sales Loan Officer Salary

0 - 6 years exp. (256 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 72% more
1 job opening
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Bharat Financial Inclusion Loan Officer Salary

0 - 4 years exp. (200 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 40% more
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HDFC Bank Loan Officer Salary

0 - 5 years exp. (107 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 75% more
Loan Officer salary at CENTRUM MICROCREDIT ranges between ₹1.5 Lakh to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 11 latest salaries received from various employees of CENTRUM MICROCREDIT.

Latest annual salaries shared by CENTRUM MICROCREDIT Loan Officer

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8 months exp.
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4 years exp.
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1 year exp.
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Experience wise CENTRUM MICROCREDIT Loan Officer salaries

Last Updated: 24 Sep 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
1 year  (3 salaries)

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₹1.5 L/yr - ₹1.7 L/yr
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
3 years  (3 salaries)

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₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.1 L/yr

Similar Designation salaries in CENTRUM MICROCREDIT

Collection Officer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Branch Manager Salary
(11 salaries)
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₹2.5 L/yr - ₹4.5 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Salary related reviews for CENTRUM MICROCREDIT

3.5

Rated by 2 employees for salary & benefits

Full Time

 · 

Internal Audit Department

1.0
  •  posted on 02 May 2021

1.0
 for  Salary and Benefits

Likes

All the employees are inexprienced, entire top management are fraudual staffs, they are also recruited few fraudual staffs, most of the branches have a huge fraud in house rent, it's a one of the example of fraud by top management

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Dislikes

If someone is a fraudual staff , before polishing that staffs, management think about the personal relationships with top management

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Internal Audit Department

1.0
  •  posted on 01 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job not secure, portfolio is very less, as well as staff fraud is very high. Also senior manager are not the professional, Audit head also a Medicine sales person who don't have the audit knowledge.

read more

Dislikes

Due to a darty politics. Professional and experienced people's exposure are very less

  • Salary - Bad
  • +6 more

Sales Department

3.0
  •  posted on 26 Jan 2020

3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Very pathetic 10 months experience in all my 7 yrs working journey. No involvement of HR, Audit and compliance in any matter of sales department. If seniors thinks they want to make out anyone they just do that without referring the matter to HR or Audit. And HR's are just blind folded. No corporate culture at all. Just everyone believes he is the owner of the company. Rules and procedure are changing every forthnight. No stable procedure at all.

read more
  • Skill development - Poor
  • +4 more
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CENTRUM MICROCREDIT Loan Officer Salary FAQs

What is the salary of Loan Officer at CENTRUM MICROCREDIT ?
The average salary of a Loan Officer at CENTRUM MICROCREDIT in India typically ranges from ₹1.5 Lakhs to ₹2.3 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Loan Officer at CENTRUM MICROCREDIT earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Loan Officer Salaries at CENTRUM MICROCREDIT 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 10+ CENTRUM MICROCREDIT employees in India.
What is the estimated take home salary of a Loan Officer at CENTRUM MICROCREDIT in India?
The estimated take-home salary of a Loan Officer at CENTRUM MICROCREDIT in India typically ranges from ₹11,896 to ₹13,195 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from Fresher to 4 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 10+ salaries received from various employees of CENTRUM MICROCREDIT. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than CENTRUM MICROCREDIT for Loan Officer in India?
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
Sewa Grih Rin ₹1.7 Lakhs to ₹3.5 Lakhs per year
Bharat Financial Inclusion ₹1.2 Lakhs to ₹4.5 Lakhs per year

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

Experience Average Salary Range
Fresher ₹1.5 Lakhs to ₹1.9 Lakhs per year
1 year ₹1.5 Lakhs to ₹1.7 Lakhs per year
2 years ₹1.6 Lakhs to ₹2.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
and so on.

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CENTRUM MICROCREDIT Loan Officer salary in India ranges between ₹1.5 Lakh to ₹2.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 CENTRUM MICROCREDIT latest salaries received from various employees of CENTRUM MICROCREDIT.