IIFL Finance Loan Processing Officer Salaries by 3 Employees (Updated 2024)

0 - 4 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

45% more than the average Loan Processing Officer Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Loan Processing Officer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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BFSI, Investments & Trading Loan Processing Officer Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 29 Oct 2023

Companies similar to IIFL Finance for Loan Processing Officer

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Loan Processing Officer Salary 1 - 4 years exp. (81 salaries)	₹1.1 L/yr - ₹2.7 L/yr 44% less
HDB Financial Services Loan Processing Officer Salary 0 - 4 years exp. (4 salaries)	₹1.1 L/yr - ₹2.3 L/yr 49% less
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Kotak Mahindra Bank Loan Processing Officer Salary 0 - 9 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 22% less
HDFC Bank Loan Processing Officer Salary 2 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr 17% less
HDFC Sales Loan Processing Officer Salary 3 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.3 L/yr 17% less

Loan Processing Officer salary at IIFL Finance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Loan Processing Officer salaries

Last Updated: 29 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

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Salary related reviews for IIFL Finance

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Branch Credit Manager in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 11 Jun 2023

4.0

for Salary and Benefits

Likes

Salary is good but work culture nd working time is not that much good If u r Ina branch level then u have to work for 14-16 hours in a day Like joining time morning 9am Nd closings time 12/1 pm

Dislikes

Heavy work pressure

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

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a technical project manager

Deadend

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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IIFL Finance Loan Processing Officer Salary FAQs

What is the notice period for Loan Processing Officer at IIFL Finance?

According to AmbitionBox, 50% of the IIFL Finance Loan Processing Officers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IIFL Finance Loan Processing Officer Salaries

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