Midland Microfin Limited Individual Loan Officer Salaries by 6 Employees

1 - 4 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% more than the average Individual Loan Officer Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Individual Loan Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Sales & Business Development Individual Loan Officer Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.1 L/yr
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Finance & Accounting Individual Loan Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
Marketing & Communication Individual Loan Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 26 Sep 2024

Companies similar to Midland Microfin Limited for Individual Loan Officer

Company name	Avg Annual Salary	Open Jobs
L&T Finance Individual Loan Officer Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 2% less

Individual Loan Officer salary at Midland Microfin Limited ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Midland Microfin Limited.

Experience wise Midland Microfin Limited Individual Loan Officer salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr

Salary related reviews for Midland Microfin Limited

HR Executive in Noida

Intern

Human Resources Department

5.0

• posted on 14 Jul 2024

4.0

for Salary and Benefits

Likes

Senior management is very helpful, company culture is good and lively, no discrimination among genders, equal opportunities for all, office timings are perfect,

Salary - Good

+6 more

Dislikes

Salary of HR’s are comparatively less than others.

Branch Credit And Risk Manager in Raikot

Other Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. 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.

Salary - Excellent

+6 more

Assistant Manager Finance & Accounts in Jalandhar

Finance & Accounting Department

5.0

• posted on 09 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. 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.

Salary - Excellent

+6 more

Dislikes

Three months notice period.

Fild Boy in Darbhanga

Banking Department

5.0

• posted on 02 Apr 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. 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.

Salary - Good

+6 more

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.

Software Developer in Jalandhar

Full Time

Other Department

1.0

• posted on 25 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like there

Dislikes

Everything, they just tricking their employees, too much micro management their, management doesn't know how to behave professionally, working in midland like working under a lala company where only leader and his chaatu employees are getting good growth.

Salary - Poor

+6 more

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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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Midland Microfin Limited Individual Loan Officer Salary FAQs

What is the salary of Individual Loan Officer at Midland Microfin Limited ?

The average salary of a Individual Loan Officer at Midland Microfin Limited in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Individual Loan Officer at Midland Microfin Limited earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Individual Loan Officer Salaries at Midland Microfin Limited 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 6 Midland Microfin Limited employees in India.

What is the estimated take home salary of a Individual Loan Officer at Midland Microfin Limited in India?

The estimated take-home salary of a Individual Loan Officer at Midland Microfin Limited in India typically ranges from ₹19,302 to ₹20,976 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 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 6 salaries received from various employees of Midland Microfin Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Individual Loan Officer in companies similar to Midland Microfin Limited in India?

The salary of a Individual Loan Officer at companies similar to Midland Microfin Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Finance

₹2.5 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Individual Loan Officer at Midland Microfin Limited in India?

The salary growth for a Individual Loan Officer at Midland Microfin Limited depends on factors such as experience, performance, and promotions. On average, a Individual Loan Officer can expect the following growth trajectory at Midland Microfin Limited:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹3.9 Lakhs per year
2 years	₹1.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹1.2 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.5 Lakhs per year

and so on.

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Midland Microfin Limited Individual Loan Officer Salaries

Midland Microfin Limited Individual Loan Officer salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.