Light Microfinance Loan Officer Salaries by 4 Employees (Updated 2024)

0 - 5 years exp.

₹1.4 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Loan Officer Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Finance & Accounting Loan Officer Salary Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 20 Nov 2024

Companies similar to Light Microfinance for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Loan Officer Salary 0 - 7 years exp. (22 salaries)	₹1.7 L/yr - ₹3.4 L/yr 11% more	19 job openings
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (195 salaries)	₹1.1 L/yr - ₹4.5 L/yr 8% more
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Jana Small Finance Bank Loan Officer Salary 0 - 6 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 5% less
Bandhan Bank Loan Officer Salary 0 - 6 years exp. (28 salaries)	₹1.7 L/yr - ₹4.1 L/yr 25% more
Utkarsh Small Finance Bank Loan Officer Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹3.6 L/yr 3% more
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 12% less
CreditAccess Grameen Loan Officer Salary 0 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹1.9 L/yr 26% less
Spandana Sphoorty Financial Loan Officer Salary 1 - 6 years exp. (34 salaries)	₹1.8 L/yr - ₹5 L/yr 21% more
Kinara Capital Loan Officer Salary 0 - 3 years exp. (13 salaries)	₹2.2 L/yr - ₹3.6 L/yr 27% more
India Shelter Finance Corporation Loan Officer Salary 1 - 5 years exp. (10 salaries)	₹1.2 L/yr - ₹2.1 L/yr 13% less
Home Credit Finance Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 13% less
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Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 26% more
Kotak Mahindra Prime Loan Officer Salary 1 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 8% more
Vistaar Finance Loan Officer Salary 1 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹2.7 L/yr 12% more
Electronica Finance Loan Officer Salary 3 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 7% more
Bajaj Housing Finance Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 7% less
Hero FinCorp Loan Officer Salary 4 - 8 years exp. (3 salaries)	₹1.6 L/yr - ₹6 L/yr 63% more
PNB Housing Finance Loan Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 4% more
Tata Capital Housing Finance Loan Officer Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 58% more

Loan Officer salary at Light Microfinance ranges between ₹1.4 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Loan Officer salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Light Microfinance

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Branch Manager Salary

(34 salaries)

₹2.4 L/yr - ₹4.1 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Accountant Salary

(3 salaries)

₹3.6 L/yr - ₹5.6 L/yr

Finance Executive Salary

(8 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Sales Executive Salary

(4 salaries)

₹1.25 L/yr - ₹2.9 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Salary related reviews for Light Microfinance

Gurp Lone in Ratangarh

Full Time

Nagor Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

... cafeteria and gaming arcade for chilling company policy are good appraisal are fair and the give good salary hike and bonus every yers

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growet

Credit Executive in Ahmedabad

Credit Risk Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

...rds executives. Don't waste your crucial career time working for this company. Salary very low as compared to other companies.

Dislikes

There is a lot of politics and management doesn't address our issues.

Finance in Barmer

Other Department

1.0

• posted on 18 May 2021

1.0

for Salary and Benefits

Likes

light microfinance me jobs are not secure

Dislikes

...rt is not available and work is hard and you do not get any proper facilities. No salary growth Branch ke pas me koi is not a knowledge / expression manager Company loan policy is not good Company levies higher interest rates on loans Which is not good for the poor Company loan amount is low

Executive in Ahmedabad

Management Department

1.0

• posted on 02 Oct 2021

1.0

for Salary and Benefits

Likes

Their Politics and justice to any Issue

Dislikes

The Management means if you have any issue and or you are in any problem like harassment and if you will told your problems to management then they will definitely give justice to you … They will terminate/Separate you as you are the reason Because you have given him chance to harass you. So they will also terminate you . So if you have to survive then you have to became mute if you are getting harass then don’t tell anybody other wise you will out of the office.

Manager - MIS in Ahmedabad

Administration Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

This is a very poor company there is no value of employees attraction rate is so high you can check with company data joining and leaving rate

Dislikes

This company operating by only one person all the management following only his instructions because he is doing business

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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Light Microfinance Loan Officer Salary FAQs

What is the salary of Loan Officer at Light Microfinance?

Loan Officer salary at Light Microfinance in India ranges between ₹1.4 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 17% less than the average Loan Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance India.

How does the salary of a Loan Officer at Light Microfinance India compare with the average salary range for this job?

The average salary of a Loan Officer at Light Microfinance is 17% less than the average salary of a Loan Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Light Microfinance to a Loan Officer in India?

Hero FinCorp Loan Officer Salary - ₹1.6 Lakhs to ₹6.0 Lakhs per year
Tata Capital Housing Finance Loan Officer Salary - ₹3.5 Lakhs to ₹3.7 Lakhs per year
Kinara Capital Loan Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
Sammaan Capital Limited Loan Officer Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
Bandhan Bank Loan Officer Salary - ₹1.7 Lakhs to ₹4.1 Lakhs per year

What is the salary of a Loan Officer in companies similar to Light Microfinance in India?

Spandana Sphoorty Financial Loan Officer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Vistaar Finance Loan Officer Salary - ₹2.4 Lakhs to ₹2.7 Lakhs per year
Ujjivan Financial Services Loan Officer Salary - ₹1.7 Lakhs to ₹3.4 Lakhs per year
Kotak Mahindra Prime Loan Officer Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
Bharat Financial Inclusion Loan Officer Salary - ₹1.1 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Loan Officer at Light Microfinance in India?

The estimated take-home salary of a Loan Officer at Light Microfinance ranges between ₹15,836 per month to ₹17,476 per month in India. The take-home salary calculation is based on the average Light Microfinance Loan Officer salary in India which ranges between ₹1.4 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at Light Microfinance?

According to AmbitionBox, 67% of the Light Microfinance Loan Officers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Light Microfinance Loan Officer Salaries

Light Microfinance Loan Officer salary in India ranges between ₹1.4 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Light Microfinance latest salaries received from various employees of Light Microfinance.