Manappuram Finance Loan Officer Salaries by 4 Employees (Updated 2024)

0 - 4 years exp.

₹1.8 Lakh - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Loan Officer Salary in NBFC Companies for 0 - 4 years of experience

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Last Updated: 16 Jun 2023

Companies similar to Manappuram Finance for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Loan Officer Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 13% more
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (12 salaries)	₹1.3 L/yr - ₹3 L/yr 8% more
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HDFC Bank Loan Officer Salary 0 - 5 years exp. (111 salaries)	₹1.2 L/yr - ₹5 L/yr 27% more
ICICI Bank Loan Officer Salary 0 - 6 years exp. (23 salaries)	₹1.7 L/yr - ₹6 L/yr 12% more
Axis Bank Loan Officer Salary 0 - 5 years exp. (30 salaries)	₹1.6 L/yr - ₹3.3 L/yr 11% less	1 job opening
Kotak Mahindra Bank Loan Officer Salary 0 - 5 years exp. (13 salaries)	₹2 L/yr - ₹3.3 L/yr 1% less
Tata Capital Loan Officer Salary 0 - 4 years exp. (61 salaries)	₹2.1 L/yr - ₹3.6 L/yr 19% more	25 job openings
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (195 salaries)	₹1.1 L/yr - ₹4.5 L/yr 2% more
Capri Global Capital Loan Officer Salary 0 - 4 years exp. (59 salaries)	₹1.8 L/yr - ₹3.6 L/yr 4% more
HDB Financial Services Loan Officer Salary 0 - 4 years exp. (49 salaries)	₹1.2 L/yr - ₹4 L/yr 10% less	2 job openings
L&T Finance Loan Officer Salary 1 - 7 years exp. (28 salaries)	₹1.5 L/yr - ₹2.8 L/yr 9% less
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Muthoot Fincorp Loan Officer Salary 0 - 4 years exp. (19 salaries)	₹1.5 L/yr - ₹2.7 L/yr 16% less
IIFL Finance Loan Officer Salary 1 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.7 L/yr 34% more
SMFG India Credit Loan Officer Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 9% less
IDFC FIRST Bharat Loan Officer Salary 0 - 4 years exp. (7 salaries)	₹2.4 L/yr - ₹3 L/yr 7% more
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 19% more
Kotak Mahindra Prime Loan Officer Salary 1 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 2% more
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 17% less
Aavas Financiers Loan Officer Salary 3 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 23% more
PNB Housing Finance Loan Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 2% less

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Loan Officer salary at Manappuram Finance ranges between ₹1.8 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Loan Officer salaries

Last Updated: 16 Jun 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.2 L/yr

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Salary related reviews for Manappuram Finance

Relationship Executive in Kadiri

Full Time

Sales & Business Development Department

4.0

• posted on 08 Aug 2022

2.0

for Salary and Benefits

Likes

Who wants to settle quickly by designation they can serve in Manappuram Finance Limited.

Dislikes

There is a lot of deductions in salary and value to the employee is less it is totally business Oriented. Employee satisfaction is very much less.

Sales Executive (working remotely)

Full Time

Sports, Fitness & Personal Care Department

1.0

• posted on 07 Oct 2023

2.0

for Salary and Benefits

Likes

I don't like this company

Dislikes

Very worst this company not informed work transfer properly and salary properly not credited in employee account workers not supported in Manappuram company overall this company waste

Branch Manager in Yadgiri

Finance & Accounting Department

5.0

• posted on 15 Dec 2021

3.0

for Salary and Benefits

Likes

It's a good company good incentive given and salary given and every year bonus also given.

Dislikes

It's very toff to new joining employees because there is no training to employees all training BH given to employees and any issue is there not solved immediately.

Relationship Executive in Cheruthuruthy, Kerala

Other Department

3.0

• posted on 22 Jun 2022

4.0

for Salary and Benefits

Likes

Manappuram finance is a good company to work. They should improve the salary pay scale and they should reduce the work pressure and adjust the targets

Dislikes

The companies target pressure to the employees should reduce because they are not giving the targe for the profit of the company they have a competition with other finances. So the company should only focus on their profit and secure the employees.

Branch Manager in Ahmedabad

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...anagement is politics. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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 given to new joinees.

see more salary related reviews

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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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Manappuram Finance Loan Officer Salary FAQs

What is the salary of Loan Officer at Manappuram Finance?

Loan Officer salary at Manappuram Finance in India ranges between ₹1.8 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 11% less than the average Loan Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance India.

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

The average salary of a Loan Officer at Manappuram Finance is 11% 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 Manappuram Finance to a Loan Officer in India?

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
Sammaan Capital Limited Loan Officer Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Loan Officer in companies similar to Manappuram Finance in India?

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
Bajaj Finance Loan Officer Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year
IDFC FIRST Bharat Loan Officer Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Loan Officer at Manappuram Finance ranges between ₹16,876 per month to ₹18,586 per month in India. The take-home salary calculation is based on the average Manappuram Finance Loan Officer salary in India which ranges between ₹1.8 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at Manappuram Finance?

According to AmbitionBox, 50% of the Manappuram Finance Loan Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Manappuram Finance Loan Officer Salaries

Manappuram Finance Loan Officer salary in India ranges between ₹1.8 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.