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ICICI Bank Loan Servicing Specialist salaries in India

Annual salary range
2 - 10 years exp.
₹4 Lakhs - ₹7.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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30% more than the average Loan Servicing Specialist Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Loan Servicing Specialist Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹7.5 L/yr

Sales & Business Development
Loan Servicing Specialist Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 7 Mar 2024

Companies similar to ICICI Bank for Loan Servicing Specialist

Company name Avg Annual Salary Open Jobs
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Wells Fargo Loan Servicing Specialist Salary

0 - 6 years exp. (210 salaries)

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₹2.1 L/yr - ₹5.3 L/yr

arrow icon 20% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 14% more
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Citco Loan Servicing Specialist Salary

1 - 3 years exp. (4 salaries)

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₹5 L/yr - ₹6.5 L/yr

arrow icon 15% more
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Wipro Loan Servicing Specialist Salary

1 - 9 years exp. (4 salaries)

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₹1.8 L/yr - ₹5.8 L/yr

arrow icon 32% less
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NoBroker Loan Servicing Specialist Salary

1 - 4 years exp. (3 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 21% less
Loan Servicing Specialist salary at ICICI Bank ranges between ₹4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Loan Servicing Specialist

10mo ago
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10 years exp.
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7 years exp.
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2 years exp.

Experience wise ICICI Bank Loan Servicing Specialist salaries

Last Updated: 7 Mar 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in ICICI Bank

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₹5.15 L/yr - ₹7 L/yr
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₹6.55 L/yr - ₹12.36 L/yr
Senior Analyst Salary
(35 salaries)
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₹1.75 L/yr - ₹7.8 L/yr
Credit Analyst Salary
(373 salaries)
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₹5.29 L/yr - ₹18 L/yr
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₹4.4 L/yr - ₹11 L/yr
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₹9 L/yr - ₹18 L/yr
Business Analyst Salary
(944 salaries)
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₹4 L/yr - ₹15.26 L/yr
Finance Executive Salary
(120 salaries)
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₹1.2 L/yr - ₹5.5 L/yr
Senior Associate Salary
(522 salaries)
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₹1.25 L/yr - ₹3.8 L/yr
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₹8 L/yr - ₹20.5 L/yr

Salary related reviews for ICICI Bank

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

....Work life balance is good for me as we don't have too much pressure and stress. Salary and other benefits are also good. There is no appraisal system, therefore no leg pulling or working in silos is there which is very important for big organisation especially established banks. This very boon also have some cons like there are fixed increament at annual level which are close to 9% at mid management level and 4-5% at leadership levels. Additionally, the promotion happens in every 3 yrs(which is fixed based on your work experience and education level) till you reach leadership level and with each promotion you get salary hike of around 25% and from CM1 level you start to get Esops as well. Furthermore, there are fixed working hours from 9:15-5:15 for me and strictly no work from home policy. You have to be present physically everyday at ofc. Overall company culture is good like other corporates. In branch level things and experience might defer. Overall in my opinion better than other indian banks.

read more
  • Salary - Good
  • +4 more

Dislikes

Work from office for 6 days policy, with alternate Saturday's off. Others, You can read it in like section only, mentioned there

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Nov 2024

5.0
 for  Salary and Benefits

Likes

Appraisal is fixed in every 3 year, salary increment is fixed, good bonus, good HR policy

read more
  • Salary - Excellent
  • +3 more

Dislikes

You will have to do multiple work at a time, office time is very strict for coming but not for going. You will be threatened multiple times for sending back you to HR, or getting warning mails and memos which make the job security very low for the organisation No work life balance good if you are bachler or not married

read more
  • Work-life balance - Bad

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 27 Oct 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

read more
  • Job security - Good
  • +3 more

Dislikes

CTC Complexities Internal department change is not easy

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 28 Jun 2024

4.0
 for  Salary and Benefits

Likes

The overall salary structure. Centralized appraisals.

  • Salary - Good
  • +1 more

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 16 Jun 2024

4.0
 for  Salary and Benefits

Likes

...ing experience (both good and bad ofcourse which is part of any job or company). Good place to start a career in banking with decent package as a fresher.

read more
  • Salary - Good
  • +3 more

Dislikes

No work from home option, work pressure with unrealistic targets

  • Work-life balance - Poor
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ICICI Bank Loan Servicing Specialist Salary FAQs

What is the salary of Loan Servicing Specialist at ICICI Bank ?
The average salary of a Loan Servicing Specialist at ICICI Bank in India typically ranges from ₹4.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Loan Servicing Specialist at ICICI Bank earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Loan Servicing Specialist Salaries at ICICI Bank 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 ICICI Bank employees in India.
What is the estimated take home salary of a Loan Servicing Specialist at ICICI Bank in India?
The estimated take-home salary of a Loan Servicing Specialist at ICICI Bank in India typically ranges from ₹37,564 to ₹38,765 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Bank for Loan Servicing Specialist in India?
Citco ₹5.0 Lakhs to ₹6.5 Lakhs per year
JPMorgan Chase & Co. ₹3.5 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Bank, depending on the role and experience level.
What is the salary of a Loan Servicing Specialist in companies similar to ICICI Bank in India?
The salary of a Loan Servicing Specialist at companies similar to ICICI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wells Fargo ₹2.1 Lakhs to ₹5.3 Lakhs per year
NoBroker ₹3.2 Lakhs to ₹5.0 Lakhs per year
Wipro ₹1.8 Lakhs to ₹5.8 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 Servicing Specialist at ICICI Bank in India?
The salary growth for a Loan Servicing Specialist at ICICI Bank depends on factors such as experience, performance, and promotions. On average, a Loan Servicing Specialist can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
2 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
10 years ₹6.8 Lakhs to ₹8.6 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Loan Servicing Specialist salary in India ranges between ₹4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Bank latest salaries received from various employees of ICICI Bank.