Indian Cooperative Credit Society Mysuru / Mysore Loan Officer Salaries by 4 Employees

1 - 4 years exp.

₹1.5 Lakh - ₹1.8 Lakh

Avg. annual salary

Monthly In-hand Salary

43% less than the average Loan Officer Salary in Financial Services Companies for 1 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Indian Cooperative Credit Society for Loan Officer in Mysuru / Mysore

Indian Cooperative Credit Society Loan Officer Salary

1 - 4 years exp. (4 salaries)

₹1.5 L/yr - ₹1.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Loan Officer Salary 1 - 8 years exp. (19 salaries)	₹2 L/yr - ₹3.5 L/yr 75% more	4 job openings

Loan Officer salary at Indian Cooperative Credit Society ranges between ₹1.5 Lakh to ₹1.8 Lakh per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Cooperative Credit Society.

Experience wise Indian Cooperative Credit Society Loan Officer salaries in Mysuru / Mysore

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Top skills at Indian Cooperative Credit Society for Loan Officer

Recovery Coordination Maintenance Enquiry Management Follow Ups

Salary related reviews for Indian Cooperative Credit Society

2.0

Rated by 1 employees for salary & benefits

Assistant Branch Manager in Raichur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 11 Oct 2023

3.0

for Salary and Benefits

Likes

Company is good to learn some banking related works, it's co operative society not a bank but in future if you are trying to work in this experience is little bit helpful and make you feel eas to work in bank

Job security - Good

+2 more

Assistant Loan Officer in Ranebennur

Full Time

Administration & Facilities Department

5.0

• posted on 03 Oct 2024

5.0

for Salary and Benefits

Likes

Indian Cooperative Credit Society (ICCS) is generally considered safe for depositors. The Reserve Bank of India (RBI) regulates and supervises cooperative banks and credit societies in India to ensure their financial soundness and stability.

Salary - Excellent

+6 more

Dislikes

No any dislike

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indian Cooperative Credit Society Loan Officer Salary FAQs

What is the salary of Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore?

The average salary of a Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore typically ranges from ₹1.5 Lakhs to ₹1.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Loan Officer in Mysuru / Mysore at Indian Cooperative Credit Society earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Loan Officer Salaries at Indian Cooperative Credit Society 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 Indian Cooperative Credit Society employees in India.

What is the estimated take home salary of a Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore?

The estimated take-home salary of a Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore typically ranges from ₹11,960 to ₹13,264 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹1.8 Lakhs per year for employees with experience ranging from 1 year to 4 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 Indian Cooperative Credit Society. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore?

To be a Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore, the key skills required include:

- Recovery
- Coordination
- Maintenance
- Enquiry Management
- Follow Ups

These skills are highly valued at Indian Cooperative Credit Society and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Indian Cooperative Credit Society for Loan Officer in India?

Ujjivan Small Finance Bank

₹2.0 Lakhs to ₹3.5 Lakhs per year

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

How the salary growth look like for a Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore?

The salary growth for a Loan Officer at Indian Cooperative Credit Society in Mysuru / Mysore depends on factors such as experience, performance, and promotions. On average, a Loan Officer in Mysuru / Mysore can expect the following growth trajectory at Indian Cooperative Credit Society:

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.0 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.0 Lakhs per year
4 years	₹1.6 Lakhs to ₹2.0 Lakhs per year

and so on.

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Indian Cooperative Credit Society Loan Officer Salaries in Mysuru / Mysore

Indian Cooperative Credit Society Loan Officer salary in Mysuru / Mysore ranges between ₹1.5 Lakh to ₹1.8 Lakh with an average annual salary of ₹. Salary estimates are based on 4 Indian Cooperative Credit Society latest salaries received from various employees of Indian Cooperative Credit Society.