Electronica Finance Loan Officer Salaries by 4 Employees

3 - 5 years exp.

₹1.9 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Loan Officer Salary in NBFC Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 13 Sep 2024

Companies similar to Electronica Finance for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹1.3 L/yr - ₹3 L/yr 4% more
HDFC Bank Loan Officer Salary 0 - 5 years exp. (107 salaries)	₹1.2 L/yr - ₹5 L/yr 22% more
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ICICI Bank Loan Officer Salary 1 - 8 years exp. (23 salaries)	₹1.8 L/yr - ₹6 L/yr 19% more
Tata Capital Loan Officer Salary 0 - 5 years exp. (77 salaries)	₹2.1 L/yr - ₹3.5 L/yr 20% more	58 job openings
L&T Finance Loan Officer Salary 0 - 3 years exp. (21 salaries)	₹1.5 L/yr - ₹2.8 L/yr 5% less
Kotak Mahindra Bank Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹2 L/yr - ₹3 L/yr 1% more
Axis Bank Loan Officer Salary 0 - 5 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 14% less	3 job openings
Capri Global Capital Loan Officer Salary 1 - 4 years exp. (45 salaries)	₹2 L/yr - ₹3.6 L/yr 5% more
IIFL Finance Loan Officer Salary 1 - 6 years exp. (13 salaries)	₹1.8 L/yr - ₹3.7 L/yr 26% more
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 17% more
Kotak Mahindra Prime Loan Officer Salary 1 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 1% more
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Shriram Finance Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 17% more
Aavas Financiers Loan Officer Salary 3 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 22% more
Capital Trust Loan Officer Salary 2 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹4 L/yr 37% more
PNB Housing Finance Loan Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 3% less
Tata Capital Housing Finance Loan Officer Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 47% more

Loan Officer salary at Electronica Finance ranges between ₹1.9 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Electronica Finance.

Experience wise Electronica Finance Loan Officer salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr

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Salary related reviews for Electronica Finance

Rated by 1 employees for salary & benefits

Sales Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

4.0

• posted on 02 Nov 2023

3.0

for Salary and Benefits

Likes

Number one growing sales business in market

Skill development - Excellent

Dislikes

...stake , Krishna has force me to resign the job did not know what's the reason, He was looking for joining bonus for every employee after 3 months , he was forcing to resign after 3 months once he get the joining bonus 15000, and he was taking legal agreement charges from the customer of 5000 so what was the amount was remaining he was only taking, if you did not believe me if you can check the bank statement he will transfer to her phone pay account,??????

Job security - Bad

+4 more

Sales Manager in Hyderabad / Secunderabad

CEF Department

2.0

• posted on 11 Aug 2022

2.0

for Salary and Benefits

Likes

1. Salary on time 2. PF and insurance to parents

Job security - Good

Dislikes

1. There will be a lots of pressure and no work life balance 2. You have to work everyday(365 days) 3. From the first day without giving training you will be asked for the targets. 4. Heavy tagets 5. Manager Will not going to support you what ever may be things 6. In the medical issues also with the proof you will not get a leave. 7. Everyday you will feel like month end and you have to work till night 10

Salary - Poor

+4 more

Regional Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Apr 2024

2.0

for Salary and Benefits

Likes

Not applicable for EFL

Dislikes

...ead by MD in a conference at Pune which leads to increase in employee attrition. Apart from the reason that employees need to pay the EMI either from salary or charge commission from new borrowers or can claim fake travel reimbursement & unauthorised increments to the staff where NPA's are increasing in order to cover the delinquency percentage. Amit Gadhaire name defines the ops head perfectly. Every year company needs new cxo's like CFO, CRO, COO etc. due to poor management or can say old employees don't want to upgrade the company's culture.

Salary - Poor

+5 more

Sales Team Leader in Kaushambi

Full Time

Sales & Business Development Department

5.0

• posted on 14 Mar 2024

5.0

for Salary and Benefits

Likes

...rowth YOY now working as sales team leader and operating from kaushambhi branch. Company is well'n good in terms of Growth, salary and support. This is my First Company and i am glad to be a part this organization. As i observed the loyalty of company to employee and vice versa that still there are employees on good position completed a decades in this organization which encourage me to associate with it as long as possible.

Salary - Excellent

+6 more

Dislikes

No Comments......

Assistant Vice President in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Feb 2024

5.0

for Salary and Benefits

Likes

...s of EFL are very satisfied and they see EFL as their prime business partner. Work culture, Salary, Increments are also one of the best and that is the reason people work here for long duration and if someone goes out, after just 1-2 months they become desperate to join back EFL again.

Salary - Excellent

+6 more

Dislikes

Yet to find..as it’s hard to find

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Electronica Finance Loan Officer Salary FAQs

What is the salary of Loan Officer at Electronica Finance ?

The average salary of a Loan Officer at Electronica Finance in India typically ranges from ₹1.9 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Loan Officer at Electronica Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Loan Officer Salaries at Electronica Finance 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 Electronica Finance employees in India.

What is the estimated take home salary of a Loan Officer at Electronica Finance in India?

The estimated take-home salary of a Loan Officer at Electronica Finance in India typically ranges from ₹17,080 to ₹18,787 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 Electronica Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Electronica Finance for Loan Officer in India?

Tata Capital Housing Finance	₹3.5 Lakhs to ₹3.7 Lakhs per year
Capital Trust	₹2.1 Lakhs to ₹4.0 Lakhs per year
IIFL Finance	₹1.8 Lakhs to ₹3.7 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹5.0 Lakhs per year
Aavas Financiers	₹2.6 Lakhs to ₹3.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Electronica Finance, depending on the role and experience level.

What is the salary of a Loan Officer in companies similar to Electronica Finance in India?

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

Tata Capital	₹2.1 Lakhs to ₹3.5 Lakhs per year
ICICI Bank	₹1.8 Lakhs to ₹6.0 Lakhs per year
Sammaan Capital Limited	₹1.5 Lakhs to ₹6.0 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹4.0 Lakhs per year
Capri Global Capital	₹2.0 Lakhs to ₹3.6 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 Electronica Finance in India?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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Electronica Finance Loan Officer Salaries

Electronica Finance Loan Officer salary in India ranges between ₹1.9 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Electronica Finance latest salaries received from various employees of Electronica Finance.