Magalir Micro Capital Loan Officer Salaries by Employees (Updated 2024)

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₹2 Lakhs - ₹2.5 Lakhs

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Last Updated: 1 Dec 2024

Companies similar to Magalir Micro Capital for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (195 salaries)	₹1.1 L/yr - ₹4.5 L/yr 9% more
Ujjivan Financial Services Loan Officer Salary 0 - 7 years exp. (22 salaries)	₹1.7 L/yr - ₹3.4 L/yr 12% more	19 job openings
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Bandhan Bank Loan Officer Salary 0 - 6 years exp. (28 salaries)	₹1.7 L/yr - ₹4.1 L/yr 26% more
Jana Small Finance Bank Loan Officer Salary 0 - 7 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 4% less
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 11% less
Utkarsh Small Finance Bank Loan Officer Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹3.6 L/yr At par
Svatantra Microfin Loan Officer Salary 2 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹3.3 L/yr 17% more
CreditAccess Grameen Loan Officer Salary 0 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹1.9 L/yr 25% less
HDFC Bank Loan Officer Salary 0 - 5 years exp. (111 salaries)	₹1.2 L/yr - ₹5 L/yr 36% more
Axis Bank Loan Officer Salary 0 - 5 years exp. (30 salaries)	₹1.6 L/yr - ₹3.3 L/yr 5% less	1 job opening
ICICI Bank Loan Officer Salary 0 - 6 years exp. (23 salaries)	₹1.7 L/yr - ₹6 L/yr 20% more
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Kotak Mahindra Bank Loan Officer Salary 0 - 5 years exp. (13 salaries)	₹2 L/yr - ₹3.3 L/yr 6% more
Teleperformance Loan Officer Salary 1 - 3 years exp. (4 salaries)	₹1.7 L/yr - ₹4 L/yr 15% more
TCS Loan Officer Salary 0 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹4.5 L/yr 74% more
Wipro Loan Officer Salary 3 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 24% more
Concentrix Corporation Loan Officer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 41% more

Loan Officer salary at Magalir Micro Capital ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magalir Micro Capital.

Similar Designation salaries in Magalir Micro Capital

Branch Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Salary related reviews for Magalir Micro Capital

Field Officer in Theni

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and team management. Sales and collection regular collection clear collect to for 100%.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not to new joinees

IT Executive in Tirunelveli

Other Department

4.0

• posted on 04 Oct 2020

2.0

for Salary and Benefits

Likes

Good work Environment. Teammates are supportive and encourage on every time.

Dislikes

There is a lot of politics and the management doesn't address our issues. And they forced to come to do work on pandemic COVID-19 time. On that situation there is no transportation available to going to office. And they forced to me to come office unless resign your job and asking to me to give resignation letter, That, I resign this job for personal problems. What a silly type of things they do. I did not like these management on Tirunelveli H.O .

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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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Magalir Micro Capital Loan Officer Salary FAQs

What is the notice period for Loan Officer at Magalir Micro Capital?

According to AmbitionBox, 100% of the Magalir Micro Capital Loan Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Magalir Micro Capital Loan Officer Salaries

Magalir Micro Capital Loan Officer salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs. This is an estimate based on latest salaries received from employees of Magalir Micro Capital.