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Indian Bank Loan Processor salaries in India

Annual salary range
0 - 4 years exp.
₹3.6 Lakhs - ₹4.6 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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33% more than the average Loan Processor Salary in Banking Companies for 0 - 4 years of experience

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Last Updated: 25 Aug 2024

Companies similar to Indian Bank for Loan Processor

Company name Avg Annual Salary Open Jobs
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State Bank of India Loan Processor Salary

2 - 8 years exp. (4 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 32% less
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HDFC Bank Loan Processor Salary

0 - 4 years exp. (16 salaries)

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₹1.2 L/yr - ₹3.2 L/yr

arrow icon 49% less
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Axis Bank Loan Processor Salary

0 - 2 years exp. (5 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 40% less
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Bank of Baroda Loan Processor Salary

1 - 2 years exp. (3 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 12% less
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Kotak Mahindra Bank Loan Processor Salary

0 - 6 years exp. (14 salaries)

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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 49% less
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Yes Bank Loan Processor Salary

1 - 4 years exp. (4 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 36% less
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IDBI Bank Loan Processor Salary

2 - 3 years exp. (4 salaries)

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₹1 L/yr - ₹2.5 L/yr

arrow icon 73% less
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Jana Small Finance Bank Loan Processor Salary

2 - 5 years exp. (11 salaries)

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₹1.9 L/yr - ₹3.8 L/yr

arrow icon 34% less
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Bandhan Bank Loan Processor Salary

2 - 3 years exp. (5 salaries)

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₹1 L/yr - ₹3.4 L/yr

arrow icon 58% less
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IndusInd Bank Loan Processor Salary

0 - 1 year exp. (3 salaries)

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₹1.2 L/yr - ₹2 L/yr

arrow icon 58% less
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Bank of America Loan Processor Salary

2 years exp. (3 salaries)

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₹3.3 L/yr - ₹4.8 L/yr

arrow icon 5% less
Loan Processor salary at Indian Bank ranges between ₹3.6 Lakhs to ₹4.6 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 Indian Bank.

Latest annual salaries shared by Indian Bank Loan Processor

3mo ago
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4 years exp.
1y ago
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3 years exp.

Experience wise Indian Bank Loan Processor salaries

Last Updated: 25 Aug 2024

Experience Avg Annual Salary
Fresher (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
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Indian Bank

Team Lead Salary
(3 salaries)
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₹4.7 L/yr - ₹18 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.7 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
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₹12 L/yr - ₹15 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Management Trainee Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr

Salary related reviews for Indian Bank

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Nov 2024

5.0
 for  Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

read more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

read more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Mar 2022

3.0
 for  Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

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Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

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Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 17 Jun 2023

3.0
 for  Salary and Benefits

Likes

Job Safety, health insurance, decent salary. Simple Interest on loans for staff and 1% higher interest for staff on deposits.

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Dislikes

Promotion is based on buttering GMs and seniors. Promotion interview marks are noted in pencil and then changed once it reached corporate office based on above criterion. Very few specialist officers are given promotion, preference if only for POs; DO NOT join as specialist officer if you are looking for career growth. Random transferring away from home. Branch Managers are excessively pressurized.

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Indian Bank Loan Processor Salary FAQs

What is the notice period for Loan Processor at Indian Bank?
According to AmbitionBox, 100% of the Indian Bank Loan Processors reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Indian Bank Loan Processor salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Indian Bank latest salaries received from various employees of Indian Bank.