Mphasis Bangalore / Bengaluru Loan Processor Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹2.7 Lakhs - ₹4.8 Lakhs

Salary of majority employees

10% more than the average Loan Processor Salary in IT Services & Consulting Companies for 2 - 6 years of experience

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Last Updated: 17 Jan 2024

Companies similar to Mphasis for Loan Processor in Bangalore / Bengaluru

Mphasis Loan Processor Salary

2 - 6 years exp. (4 salaries)

₹2.7 L/yr - ₹4.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Coforge Loan Processor Salary 1 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr 5% more
JPMorgan Chase & Co. Loan Processor Salary 0 - 4 years exp. (30 salaries)	₹3 L/yr - ₹5.5 L/yr 11% more
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Wells Fargo Loan Processor Salary 0 - 5 years exp. (25 salaries)	₹2.7 L/yr - ₹5.6 L/yr 9% more
Valenta AI Private Limited Loan Processor Salary 1 - 6 years exp. (10 salaries)	₹3 L/yr - ₹4 L/yr 4% less
Firstsource Solutions Loan Processor Salary 0 - 4 years exp. (8 salaries)	₹2 L/yr - ₹4.6 L/yr 17% less

Loan Processor salary at Mphasis ranges between ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Loan Processor salaries in Bangalore / Bengaluru

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Mphasis

Senior Analyst Salary

(184 salaries)

₹3.6 L/yr - ₹14 L/yr

Senior Associate Salary

(160 salaries)

₹2.1 L/yr - ₹6.5 L/yr

Team Lead Salary

(146 salaries)

₹5.75 L/yr - ₹23.58 L/yr

Analyst Salary

(136 salaries)

₹2.1 L/yr - ₹9 L/yr

Accountant Salary

(11 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Account Assistant Salary

(3 salaries)

₹2.3 L/yr - ₹2.7 L/yr

Top skills at Mphasis for Loan Processor

Communication Skills US Mortgage Customer Service mortgage US Mortgage Customer Service Strong Analytical Skills Credit Underwriting MS Office non voice Finance Computer Proficiency Verbal Communication Communication Skills Financial Services

Salary related reviews for Mphasis

Loan Processor in Bangalore Urban

Other Department

4.0

• posted on 15 May 2022

4.0

for Salary and Benefits

Likes

...agement is transparent. There is a hug cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike every year.

Salary - Good

+6 more

Dislikes

There is a lot of poltics and the management dosen't address our issues. Salary is decent but career growth is slow. on the job training is not given to new joinees

Senior Analyst in Pune

Full Time

Risk Management & Compliance Department

3.0

• posted on 10 Sep 2023

3.0

for Salary and Benefits

Likes

Flexible working hours, Skill development internal platforms or training tools, Self awareness sessions organised by HRBPs

Skill development - Excellent

+2 more

Dislikes

1. No Salary increment from last 4 years in any department, 2. Multiple manager hierarchy, 3. Unnecessary internal PF process, 4. Benefits like Internet bill reimbursement are only on paper, 5. Rude hiring HRs (Negotiate as higher as possible while joining only, because once you join in- you'll not get anything) 6. Unskilled managers or management (not all but some), 7. Appreciations happen only on email, the rewards system (money based) stopped from Q1 2023, you'll get certificates to post on social media/LinkedIn 😁 8. Quarterly bonus will be received only if "whole team" performs better & if your client is 100% happy. Else, forget it. (It doesn't matter how smart/hard you worked

Promotions - Bad

Financial Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Jun 2023

1.0

for Salary and Benefits

Likes

There is no good things about company

Dislikes

I had been working with mphasis from 2.5 year since I joined I siding get any benifits apart from salary and management as worst TL’s (Geethamma SH, SriRanjini,Saravanan) are behave like managers and they won’t let employees to work peacefully. HR (Ashwini david) also worst like anything she won’t bother about employees concern. Overall not at all good experience.

Salary - Bad

+6 more

Process Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Culture in the company is good and they have multiple business LOB's and if you are lucky you can be moved to another business through other programs.

Job security - Good

Dislikes

...ssue perks like other companies. No night shift allowance and no food allowance. Cab available however a certain amount will be deducted from your salary every month.

Salary - Bad

+4 more

Process Associate in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 19 May 2022

4.0

for Salary and Benefits

Likes

...t & culture . Team leader also very supportive. & The management is transparent. Company policies are good , the give good salary hike & appraisal every year.

Salary - Good

+6 more

Dislikes

Salary is decent but career growth is slow.

see more salary related reviews

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What people are saying about Mphasis

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biguglycorporateslut

works at

Mphasis

1. PwC AC Bangalore (WFH) - Associate 2, 11 LPA Fixed + Performance Bonus (20% verbally, not in offer letter). Joining mid-Feb, unsure about bonus for 2025. Notice period: 60 days. 2. Infosys Kolkata (Hybrid) - Associate Consultant, ₹12.5L CTC (₹10.97L Fixed + ₹62k Fixed Perf. + ₹89k Variable). Notice period: 90 days. Current CTC: 5.5L, 3 years exp at Mphasis. Stuck in a tough 90-day notice period. Suggestions?

Seeking advice on choosing between two offers for my first job switch:

PwC AC Bangalore

Infosys

5 participants . poll closed

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Mphasis Loan Processor Salary FAQs

What is the salary of Loan Processor at Mphasis Bangalore / Bengaluru?

Loan Processor salary at Mphasis in Bangalore / Bengaluru ranges between ₹2.7 Lakhs to ₹4.8 Lakhs for experience between 2 years to 6 years. According to our estimates it is 10% more than the average Loan Processor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mphasis Bangalore / Bengaluru.

How does the salary of a Loan Processor at Mphasis Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Loan Processor at Mphasis is 10% more than the average salary of a Loan Processor in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Loan Processor at Mphasis?

Communication Skills, US Mortgage, Customer Service, mortgage and US Mortgage are some of the popular skills required to work as a Loan Processor at Mphasis Bangalore / Bengaluru.

Which similar companies are paying more than Mphasis to a Loan Processor in Bangalore / Bengaluru?

JPMorgan Chase & Co. Loan Processor Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Wells Fargo Loan Processor Salary - ₹2.7 Lakhs to ₹5.6 Lakhs per year
Coforge Loan Processor Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Loan Processor in companies similar to Mphasis in Bangalore / Bengaluru?

Valenta AI Private Limited Loan Processor Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
Firstsource Solutions Loan Processor Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Loan Processor at Mphasis in Bangalore / Bengaluru?

The estimated take-home salary of a Loan Processor at Mphasis ranges between ₹26,669 per month to ₹28,083 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Mphasis Loan Processor salary in India which ranges between ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Loan Processor at Mphasis in Bangalore / Bengaluru?

According to AmbitionBox, 80% of the Mphasis Loan Processors in Bangalore / Bengaluru reported a notice period of 2 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Mphasis Loan Processor Salaries in Bangalore / Bengaluru

Mphasis Loan Processor salary in Bangalore / Bengaluru ranges between ₹2.7 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mphasis latest salaries received from various employees of Mphasis.