L&T Finance Loan Officer Salaries by 20+ Employees (Updated 2024)

1 - 7 years exp.

₹1.5 Lakh - ₹2.8 Lakhs

Salary of majority employees

20% less than the average Loan Officer Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting Loan Officer Salary 1 - 7 years exp. (9 salaries)	₹1.5 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Loan Officer Salary 1 - 3 years exp. (3 salaries)	₹1.9 L/yr - ₹2.2 L/yr
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BFSI, Investments & Trading Loan Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.2 L/yr
Marketing & Communication Loan Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.3 L/yr
Sales & Business Development Loan Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.3 L/yr

Last Updated: 5 Aug 2024

Companies similar to L&T Finance for Loan Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Officer Salary 0 - 5 years exp. (111 salaries)	₹1.2 L/yr - ₹5 L/yr 40% more
ICICI Bank Loan Officer Salary 0 - 6 years exp. (23 salaries)	₹1.7 L/yr - ₹6 L/yr 23% more
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Axis Bank Loan Officer Salary 0 - 5 years exp. (30 salaries)	₹1.6 L/yr - ₹3.3 L/yr 2% less	1 job opening
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (12 salaries)	₹1.3 L/yr - ₹3 L/yr 20% more
Kotak Mahindra Bank Loan Officer Salary 0 - 5 years exp. (13 salaries)	₹2 L/yr - ₹3.3 L/yr 9% more
State Bank of India Loan Officer Salary 1 - 8 years exp. (9 salaries)	₹2.3 L/yr - ₹5.9 L/yr 115% more
IDFC FIRST Bank Loan Officer Salary 0 - 5 years exp. (41 salaries)	₹1.5 L/yr - ₹3.8 L/yr 17% more
IndusInd Bank Loan Officer Salary 0 - 5 years exp. (31 salaries)	₹1.5 L/yr - ₹4.2 L/yr 20% more
Tata Capital Loan Officer Salary 0 - 4 years exp. (61 salaries)	₹2.1 L/yr - ₹3.6 L/yr 31% more	25 job openings
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (195 salaries)	₹1.1 L/yr - ₹4.5 L/yr 12% more
Capri Global Capital Loan Officer Salary 0 - 4 years exp. (59 salaries)	₹1.8 L/yr - ₹3.6 L/yr 15% more
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HDB Financial Services Loan Officer Salary 0 - 4 years exp. (49 salaries)	₹1.2 L/yr - ₹4 L/yr At par	3 job openings
Muthoot Fincorp Loan Officer Salary 0 - 4 years exp. (19 salaries)	₹1.5 L/yr - ₹2.7 L/yr 8% less
IIFL Finance Loan Officer Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.7 L/yr 47% more
SMFG India Credit Loan Officer Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr At par
IDFC FIRST Bharat Loan Officer Salary 0 - 3 years exp. (7 salaries)	₹2.4 L/yr - ₹3 L/yr 18% more
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 31% more
Kotak Mahindra Prime Loan Officer Salary 1 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 12% more
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 9% less
Manappuram Finance Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹3.2 L/yr 10% more

View all

Loan Officer salary at L&T Finance ranges between ₹1.5 Lakh to ₹2.8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 28 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Loan Officer salaries

Last Updated: 5 Aug 2024

Experience	Avg Annual Salary
1 year (11 salaries)	₹1.5 L/yr - ₹2.4 L/yr
2 years (6 salaries)	₹1.9 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
6 years (3 salaries)	₹1.6 L/yr - ₹4 L/yr
7 years (3 salaries)	₹1.7 L/yr - ₹2.3 L/yr

View all

Similar Designation salaries in L&T Finance

Sales Officer Salary

(326 salaries)

₹1.4 L/yr - ₹3.5 L/yr

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₹1.2 L/yr - ₹3.85 L/yr

Branch Manager Salary

(222 salaries)

₹2.2 L/yr - ₹6 L/yr

Team Lead Salary

(50 salaries)

₹1.6 L/yr - ₹5.9 L/yr

Relationship Officer Salary

(17 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Senior Sales Officer Salary

(44 salaries)

₹1.85 L/yr - ₹4 L/yr

Sales Manager Salary

(80 salaries)

₹3 L/yr - ₹12.1 L/yr

Analyst Salary

(5 salaries)

₹3 L/yr - ₹9 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹9 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹10 L/yr

Top skills at L&T Finance for Loan Officer

Sales Collections Business Development Marketing Customer Service Collection Management Microfinance Customer Handling Finance Credit Cards Personal Loans Business Loan Customer Management Loans Home Loans

Salary related reviews for L&T Finance

2.6

Rated by 18 employees for salary & benefits

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Finance Executive in Tirupati

Full Time

Finance & Accounting Department

2.0

• posted on 25 Oct 2024

1.0

for Salary and Benefits

Likes

Job security very good incentive good

Dislikes

Salary not satisfied and yearly bonus employees not credited and iam in 3years working Land t finance two wheeler but ani bonus and any salary not increased Not satisfied in Land t finance company

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Collection Officer in Jabalpur

Full Time

Finance & Accounting Department

4.0

• posted on 05 Mar 2023

1.0

for Salary and Benefits

Likes

L and me Collection officer ki job me salary bhut kam hai traget pura karne k baad bhi incentive nahi aata loan dena bhi band kar diya

Dislikes

Work theek salary bhut jyda kam h jesa naam hai wesi bilkul nahi hai

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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L&T Finance Loan Officer Salary FAQs

What is the salary of Loan Officer at L&T Finance?

Loan Officer salary at L&T Finance in India ranges between ₹1.5 Lakhs to ₹2.8 Lakhs for experience between 1 years to 7 years. According to our estimates it is 20% less than the average Loan Officer Salary in India. Salary estimates are based on 28 latest salaries received from various employees of L&T Finance India.

How does the salary of a Loan Officer at L&T Finance India compare with the average salary range for this job?

The average salary of a Loan Officer at L&T Finance is 20% less than the average salary of a Loan Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Loan Officer at L&T Finance?

Sales, Collections, Business Development, Marketing and Customer Service are some of the popular skills required to work as a Loan Officer at L&T Finance India.

Which similar companies are paying more than L&T Finance to a Loan Officer in India?

State Bank of India Loan Officer Salary - ₹2.3 Lakhs to ₹5.9 Lakhs per year
Tata Capital Housing Finance Loan Officer Salary - ₹3.5 Lakhs to ₹3.7 Lakhs per year
IIFL Finance Loan Officer Salary - ₹1.8 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Loan Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Aavas Financiers Loan Officer Salary - ₹2.6 Lakhs to ₹3.3 Lakhs per year

What is the salary of a Loan Officer in companies similar to L&T Finance in India?

Sammaan Capital Limited Loan Officer Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
Tata Capital Loan Officer Salary - ₹2.1 Lakhs to ₹3.6 Lakhs per year
Shriram Finance Loan Officer Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
ICICI Bank Loan Officer Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank Loan Officer Salary - ₹1.5 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a Loan Officer at L&T Finance in India?

The estimated take-home salary of a Loan Officer at L&T Finance ranges between ₹15,210 per month to ₹16,796 per month in India. The take-home salary calculation is based on the average L&T Finance Loan Officer salary in India which ranges between ₹1.5 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at L&T Finance?

According to AmbitionBox, 59% of the L&T Finance Loan Officers reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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L&T Finance Loan Officer Salaries

L&T Finance Loan Officer salary in India ranges between ₹1.5 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 L&T Finance latest salaries received from various employees of L&T Finance.