Cognizant Loan Processor Salaries by 3 Employees

1 - 4 years exp.

₹2.1 Lakhs - ₹2.9 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Loan Processor Salary in IT Services & Consulting Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Loan Processor Salary 1 year exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
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Data Science & Analytics Loan Processor Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 10 Mar 2023

Companies similar to Cognizant for Loan Processor

Company name	Avg Annual Salary	Open Jobs
Wipro Loan Processor Salary 0 - 4 years exp. (21 salaries)	₹1.5 L/yr - ₹3.4 L/yr 7% more
TCS Loan Processor Salary 1 - 8 years exp. (17 salaries)	₹1.6 L/yr - ₹5.2 L/yr 31% more
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Accenture Loan Processor Salary 1 - 4 years exp. (13 salaries)	₹1.6 L/yr - ₹3.6 L/yr 3% more
Mphasis Loan Processor Salary 0 - 6 years exp. (94 salaries)	₹2.1 L/yr - ₹5.5 L/yr 46% more
Wells Fargo Loan Processor Salary 0 - 5 years exp. (57 salaries)	₹2.5 L/yr - ₹6.2 L/yr 55% more

Loan Processor salary at Cognizant ranges between ₹2.1 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Cognizant.

Experience wise Cognizant Loan Processor salaries

Last Updated: 10 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

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Salary related reviews for Cognizant

Senior Associate in Noida

Full Time

Engineering - Software & QA Department

2.0

• posted on 20 Mar 2025

3.0

for Salary and Benefits

Likes

As working here is quite good when your manager is cooperative. Though In previous two years work and manager both was good no complaints for them and i worked from home till now and everyone was cool.

Skill development - Good

Dislikes

Now during current project my so called manager is psycho. Here in cognizant manager also do coding but he is like only I have to do everything and he just wants credit for it. Even to other squads he is like only he is doing work. He oftenly insulted me and two other team mates. I talked with my home manager but no benefit. Only you have to suffer in that scenario.

Job security - Poor

+3 more

Senior Associate in Pune

Full Time

Consulting Department

2.0

• posted on 19 Mar 2025

3.0

for Salary and Benefits

Likes

1. salary do not have varaibale component. 2. Co-workers are good.

Dislikes

1. Low job security 2. Forcing people to work from office(ODC) 3. Mostly support projects 4. Very low transparency with poor management 5. Work satisfaction is very average

Skill development - Poor

+5 more

Senior Process Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

The company is known for its emphasis on continuous learning and development, offering employees plenty of opportunities to grow and advance in their careers. Additionally, Cognizant is involved in various innovative projects across different industries, which can be exciting and rewarding for those who enjoy tackling complex challenges and contributing to transformative solutions.

Dislikes

The work-life balance could be better, Salary growth and increments could be substantial, Promotion that is not always on merit list, Senior Management communication and support from leadership should be better.

Skill development - Poor

+4 more

Senior Process Associate in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing to say much

Work satisfaction - Good

+1 more

Dislikes

Management and promotions are based on favaourism and very poor in salary hike and mainly without discussion with employees management gives us performance rating and apart from work there is no other activity today like no outings team lunch and other fun activities

Salary - Bad

+3 more

Senior Associate in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

3.0

• posted on 26 Jan 2025

4.0

for Salary and Benefits

Likes

Cognizant have lot of job opportunities and provide nice pay according to market standards. People working in cognizant can switch to other technology and work on it.

Salary - Good

+1 more

Dislikes

Hikes are very less when compare to other companies. Due to internal politics talented people efforts are recognised.

Skill development - Poor

+3 more

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What people are saying about Cognizant

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a snowflake developer

2w (edited)

Novartis Job Offer

Hi everyone, I have 3.6 years of IT experience and currently work at a service-based company in Pune. My current CTC is 14 LPA (13.5 LPA fixed). I recently received an offer from Novartis Hyderabad as Data Analyst level 3 with a CTC of 19.9 LPA (18.3 LPA fixed). Is this a good offer, or is it on the lower side for my experience? Would appreciate your suggestions! Any answers from people working at Novartis pls ?

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Cognizant Loan Processor Salary FAQs

How the salary growth look like for a Loan Processor at Cognizant in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.6 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Cognizant Loan Processor Salaries

Cognizant Loan Processor salary in India ranges between ₹2.1 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cognizant latest salaries received from various employees of Cognizant.

Cognizant Loan Processor salaries in India

Companies similar to Cognizant for Loan Processor

Latest annual salaries shared by Cognizant Loan Processor

Experience wise Cognizant Loan Processor salaries

Similar Designation salaries in Cognizant

Salary related reviews for Cognizant

Senior Associate in Noida

Senior Associate in Pune

Senior Process Associate in Bangalore / Bengaluru

Senior Process Associate in Hyderabad / Secunderabad

Senior Associate in Hyderabad / Secunderabad

Cognizant Loan Processor Salary FAQs

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