Hero FinCorp Loan Officer Salaries by 3 Employees (Updated 2024)

4 - 8 years exp.

₹1.6 Lakh - ₹6 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Loan Officer Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

Marketing & Communication Loan Officer Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr
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Sales & Business Development Loan Officer Salary 7 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 20 Jan 2024

Companies similar to Hero FinCorp for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (12 salaries)	₹1.3 L/yr - ₹3 L/yr 29% less
HDFC Bank Loan Officer Salary 0 - 5 years exp. (111 salaries)	₹1.2 L/yr - ₹5 L/yr 17% less
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Tata Capital Loan Officer Salary 0 - 4 years exp. (61 salaries)	₹2.1 L/yr - ₹3.6 L/yr 23% less	25 job openings
Aditya Birla Finance Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 3% more
L&T Finance Loan Officer Salary 1 - 7 years exp. (28 salaries)	₹1.5 L/yr - ₹2.8 L/yr 41% less
Kotak Mahindra Prime Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 33% less
Shriram Finance Loan Officer Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 26% less
Kinara Capital Loan Officer Salary 0 - 3 years exp. (13 salaries)	₹2.2 L/yr - ₹3.6 L/yr 22% less
India Shelter Finance Corporation Loan Officer Salary 1 - 5 years exp. (10 salaries)	₹1.2 L/yr - ₹2.1 L/yr 47% less
Home Credit Finance Loan Officer Salary 1 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 46% less
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 23% less
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Vistaar Finance Loan Officer Salary 1 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹2.7 L/yr 31% less
Electronica Finance Loan Officer Salary 3 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 34% less
Bajaj Housing Finance Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 43% less
PNB Housing Finance Loan Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 36% less
Tata Capital Housing Finance Loan Officer Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 3% less
Tyger Capital Loan Officer Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 19% less

Loan Officer salary at Hero FinCorp ranges between ₹1.6 Lakh to ₹6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Loan Officer salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹6 L/yr

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Salary related reviews for Hero FinCorp

2.2

Rated by 4 employees for salary & benefits

Sales Manager in Nanded

Full Time

Sales & Business Development Department

3.0

• posted on 20 Oct 2022

4.0

for Salary and Benefits

Likes

I have worked in Hero as Sales manager for 3year. overall work culture is good also good satisfaction and seniors also supporting but lack of knowledge of backhand team likely credit and IT team.It should be improve this because business would be stuck due to those lack of support

Dislikes

Appraisal happening but promotion doesn't happening only happend a designation change letter but salary none of the hike.Poor IT team incentive also poor for onroll employee.

Sales Executive in Meerut

Full Time

Finance & Accounting Department

5.0

• posted on 04 Nov 2022

5.0

for Salary and Benefits

Likes

I love how the company offered learning opportunities and seemed to care about helping their employees develop and grow professionally. They had weekly lunch meetings where we’d learn a new topic, they offered tuition reimbursement, and all of the senior leadership team was very approachable and supportive.

Dislikes

...that I feel like I haven't been rewarded enough for the work I've done for them. Sure, maybe they don't have the budget to pay me more, and that's okay. But I honestly believe that from my experience I should earn more than 50 thousand annually. I have a family, two young kids, and with whatever expenses we have right now, I really need a better salary.

Sales Executive in Ujjain

Sales & Business Development Department

5.0

• posted on 19 Jun 2020

2.0

for Salary and Benefits

Likes

...mates are supportive. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, salary hike and bonus every year.

Dislikes

Company brand and policies good

Finance Executive

two wheeler loan Department

4.0

• posted on 22 Aug 2019

2.0

for Salary and Benefits

Likes

... to in hero fincorp in last 3 years as a two wheeler finalce loan department . but in this company salary is geiven is very low acording to same feild other company .

Dislikes

salary is not good in this company ,

Sales Executive in Patna

Finance & Accounting Department

5.0

• posted on 08 Nov 2018

4.0

for Salary and Benefits

Likes

Hero Fincorop is largest financial company .and no 1 company

Dislikes

Hero Fincorop me sales executive ki minimum salary 15 k hona chahiye Branch offices hona chahiye.collection team or strong hona chahiye.noc dispatch team Ko NOC fast dispatch karna chahiye.custome service number easy hona chahiye

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Hero FinCorp Loan Officer Salary FAQs

What is the notice period for Loan Officer at Hero FinCorp?

According to AmbitionBox, 50% of the Hero FinCorp Loan Officers reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Hero FinCorp Loan Officer Salaries

Hero FinCorp Loan Officer salary in India ranges between ₹1.6 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Hero FinCorp latest salaries received from various employees of Hero FinCorp.