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CENTRUM MICROCREDIT Loan Officer salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹1.5 Lakh - ₹2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% 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. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2 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 in Mumbai

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CENTRUM MICROCREDIT Loan Officer Salary

0 - 4 years exp. (7 salaries)

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₹1.5 L/yr - ₹2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Sales Loan Officer Salary

1 - 6 years exp. (36 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 71% more
1 job opening
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₹1.9 L/yr - ₹4 L/yr

arrow icon 79% more
4 job openings
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HDFC Bank Loan Officer Salary

1 - 6 years exp. (11 salaries)

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₹1.7 L/yr - ₹4 L/yr

arrow icon 88% more
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TJSB Sahakari Bank Loan Officer Salary

4 - 9 years exp. (8 salaries)

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₹3.8 L/yr - ₹5.2 L/yr

arrow icon 179% more
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₹5 L/yr - ₹9 L/yr

arrow icon 345% more
Loan Officer salary at CENTRUM MICROCREDIT ranges between ₹1.5 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of CENTRUM MICROCREDIT.

Latest annual salaries shared by CENTRUM MICROCREDIT Loan Officer in Mumbai

1y ago
₹1.5 Lakh
8 months exp.
1y ago
₹1.7 Lakh
4 years exp.

Experience wise CENTRUM MICROCREDIT Loan Officer salaries in Mumbai

Last Updated: 24 Sep 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.9 L/yr
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
2 years (AmbitionBox Estimate)

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

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₹1.6 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr

Similar Designation salaries in CENTRUM MICROCREDIT

Branch Manager Salary
(7 salaries)
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₹3.51 L/yr - ₹4.5 L/yr

Salary related reviews for CENTRUM MICROCREDIT

5.0

Rated by 1 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

read more

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 in Mumbai?
The average salary of a Loan Officer at CENTRUM MICROCREDIT in Mumbai typically ranges from ₹1.5 Lakhs to ₹2.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Loan Officer in Mumbai at CENTRUM MICROCREDIT earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 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 7 CENTRUM MICROCREDIT employees in India.
What is the estimated take home salary of a Loan Officer at CENTRUM MICROCREDIT in Mumbai?
The estimated take-home salary of a Loan Officer at CENTRUM MICROCREDIT in Mumbai typically ranges from ₹11,708 to ₹12,991 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.0 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 7 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?
Credit Agricole Corporate and Investment Bank ₹5.0 Lakhs to ₹9.0 Lakhs per year
TJSB Sahakari Bank ₹3.8 Lakhs to ₹5.2 Lakhs per year
HDFC Bank ₹1.7 Lakhs to ₹4.0 Lakhs per year
Ujjivan Small Finance Bank ₹1.9 Lakhs to ₹4.0 Lakhs per year
HDFC Sales ₹1.8 Lakhs to ₹3.5 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 Mumbai?
The salary growth for a Loan Officer at CENTRUM MICROCREDIT in Mumbai depends on factors such as experience, performance, and promotions. On average, a Loan Officer in Mumbai can expect the following growth trajectory at CENTRUM MICROCREDIT:

Experience Average Salary Range
Fresher ₹1.4 Lakhs to ₹1.9 Lakhs per year
1 year ₹1.5 Lakhs to ₹1.9 Lakhs per year
2 years ₹1.5 Lakhs to ₹2.0 Lakhs per year
3 years ₹1.6 Lakhs to ₹2.0 Lakhs per year
and so on.

Tell us how to improve this page.

CENTRUM MICROCREDIT Loan Officer salary in Mumbai ranges between ₹1.5 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 CENTRUM MICROCREDIT latest salaries received from various employees of CENTRUM MICROCREDIT.