Midland Microfin Limited Loan Officer Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹1.4 Lakh - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Loan Officer Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Loan Officer Salary Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr
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Finance & Accounting Loan Officer Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 30 Jan 2025

Companies similar to Midland Microfin Limited for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bandhan Bank Loan Officer Salary 0 - 6 years exp. (28 salaries)	₹1.7 L/yr - ₹4.1 L/yr 15% more
Ujjivan Financial Services Loan Officer Salary 0 - 7 years exp. (22 salaries)	₹1.7 L/yr - ₹3.4 L/yr 2% more	19 job openings
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Bharat Financial Inclusion Loan Officer Salary 0 - 3 years exp. (181 salaries)	₹1.2 L/yr - ₹4.5 L/yr 1% more
Jana Small Finance Bank Loan Officer Salary 0 - 6 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 13% less
Utkarsh Small Finance Bank Loan Officer Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹3.6 L/yr 9% less
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 19% less
Spandana Sphoorty Financial Loan Officer Salary 0 - 6 years exp. (40 salaries)	₹1.4 L/yr - ₹5 L/yr 9% more
Kinara Capital Loan Officer Salary 0 - 3 years exp. (14 salaries)	₹2.2 L/yr - ₹3.6 L/yr 14% more
India Shelter Finance Corporation Loan Officer Salary 1 - 5 years exp. (10 salaries)	₹1.2 L/yr - ₹2.1 L/yr 20% less
Home Credit Finance Loan Officer Salary 1 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 20% less
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 16% more
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Kotak Mahindra Prime Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 1% less
Vistaar Finance Loan Officer Salary 1 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹2.7 L/yr 3% more
Electronica Finance Loan Officer Salary 3 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 1% less
Bajaj Housing Finance Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 14% less
Shubham Housing Development Finance Loan Officer Salary 3 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 8% more
Hero FinCorp Loan Officer Salary 4 - 8 years exp. (3 salaries)	₹1.6 L/yr - ₹6 L/yr 49% more
PNB Housing Finance Loan Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 4% less
Tata Capital Housing Finance Loan Officer Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 45% more

Loan Officer salary at Midland Microfin Limited ranges between ₹1.4 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Midland Microfin Limited.

Experience wise Midland Microfin Limited Loan Officer salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Midland Microfin Limited

Sales Officer Salary

(3 salaries)

₹1.5 L/yr - ₹3.15 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Branch Manager Salary

(29 salaries)

₹1.95 L/yr - ₹5.23 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(14 salaries)

₹5.15 L/yr - ₹11 L/yr

Accountant Salary

(4 salaries)

₹1.05 L/yr - ₹4 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Midland Microfin Limited

5.0

Rated by 1 employees for salary & benefits

Management Associate in Jalandhar

Full Time

Finance & Accounting Department

3.0

• posted on 04 Oct 2023

3.0

for Salary and Benefits

Likes

That you can directly approach to the senior management and they are very accessible.

Company culture - Good

Dislikes

No leaves, no overtime pay, very strict in leaves , not even giving second Saturday off which is mandatory , that leads to employee burnout and ultimately the resignation .Can create a much better leave structure for mental well being of client.

Job security - Poor

+1 more

Deputy Vice in Jalandhar

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 31 Oct 2023

5.0

for Salary and Benefits

Likes

... system to the customers and employees Friendly loan products to the customers Salary and other benefits to the employees Annually and half yearly Appraisals and promotions Personal and professionally development and learning Company culture and work satisfaction Job security Company infrastructure at the branches

Salary - Excellent

+6 more

Dislikes

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Midland Microfin Limited Loan Officer Salary FAQs

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

Loan Officer salary at Midland Microfin Limited in India ranges between ₹1.4 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 10% less than the average Loan Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Midland Microfin Limited India.

How does the salary of a Loan Officer at Midland Microfin Limited India compare with the average salary range for this job?

The average salary of a Loan Officer at Midland Microfin Limited is 10% 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 Midland Microfin Limited 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
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
Kinara Capital Loan Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year

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

Spandana Sphoorty Financial Loan Officer Salary - ₹1.4 Lakhs to ₹5.0 Lakhs per year
Shubham Housing Development Finance Loan Officer Salary - ₹2.0 Lakhs to ₹3.0 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
Bharat Financial Inclusion Loan Officer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Loan Officer at Midland Microfin Limited ranges between ₹17,361 per month to ₹19,064 per month in India. The take-home salary calculation is based on the average Midland Microfin Limited Loan Officer salary in India which ranges between ₹1.4 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at Midland Microfin Limited?

According to AmbitionBox, 50% of the Midland Microfin Limited Loan Officers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Midland Microfin Limited Loan Officer Salaries

Midland Microfin Limited Loan Officer salary in India ranges between ₹1.4 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.