Mphasis Chennai Loan Processor Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹2.1 Lakhs - ₹5.5 Lakhs

Salary of majority employees

18% more than the average Loan Processor Salary in IT Services & Consulting Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Processor Salary 1 - 6 years exp. (7 salaries)	₹3.1 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Loan Processor Salary 2 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹3.9 L/yr
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Consulting Loan Processor Salary 4 - 6 years exp. (3 salaries)	₹3.7 L/yr - ₹5.5 L/yr
Finance & Accounting Loan Processor Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.7 L/yr
Engineering - Software & QA Loan Processor Salary 2 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.6 L/yr

Last Updated: 3 Jan 2025

Companies similar to Mphasis for Loan Processor in Chennai

Mphasis Loan Processor Salary

1 - 6 years exp. (23 salaries)

₹2.1 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Loan Processor Salary 1 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹4.1 L/yr 19% less
Wipro Loan Processor Salary 1 - 4 years exp. (11 salaries)	₹1.5 L/yr - ₹3.4 L/yr 32% less
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Accenture Loan Processor Salary 1 - 5 years exp. (11 salaries)	₹1.6 L/yr - ₹3 L/yr 36% less
HDB Financial Services Loan Processor Salary 1 - 5 years exp. (9 salaries)	₹1.4 L/yr - ₹2.6 L/yr 41% less
Kotak Mahindra Bank Loan Processor Salary 3 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.1 L/yr 28% less

Loan Processor salary at Mphasis ranges between ₹2.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 23 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Loan Processor salaries in Chennai

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.1 L/yr
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3 years (4 salaries)	₹2.6 L/yr - ₹6.4 L/yr
4 years (5 salaries)	₹3.7 L/yr - ₹4.3 L/yr
5 years (5 salaries)	₹2.8 L/yr - ₹4.3 L/yr
6 years (5 salaries)	₹3.9 L/yr - ₹5.5 L/yr

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Similar Designation salaries in Mphasis

Team Lead Salary

(32 salaries)

₹4.69 L/yr - ₹16 L/yr

Senior Associate Salary

(29 salaries)

₹2 L/yr - ₹6.5 L/yr

Senior Analyst Salary

(19 salaries)

₹4.1 L/yr - ₹13.24 L/yr

Analyst Salary

(6 salaries)

₹5 L/yr - ₹8.5 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

1.9

Rated by 4 employees for salary & benefits

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.

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

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

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.

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.

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.

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.

Dislikes

Salary is decent but career growth is slow.

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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mphasis Loan Processor Salary FAQs

What is the salary of Loan Processor at Mphasis Chennai?

Loan Processor salary at Mphasis in Chennai ranges between ₹2.1 Lakhs to ₹5.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 18% more than the average Loan Processor Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Mphasis Chennai.

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

The average salary of a Loan Processor at Mphasis is 18% more than the average salary of a Loan Processor in Chennai. 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 Chennai.

What is the salary of a Loan Processor in companies similar to Mphasis in Chennai?

TCS Loan Processor Salary - ₹1.6 Lakhs to ₹4.1 Lakhs per year
Kotak Mahindra Bank Loan Processor Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year
Wipro Loan Processor Salary - ₹1.5 Lakhs to ₹3.4 Lakhs per year
Accenture Loan Processor Salary - ₹1.6 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services Loan Processor Salary - ₹1.4 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a Loan Processor at Mphasis in Chennai?

The estimated take-home salary of a Loan Processor at Mphasis ranges between ₹25,871 per month to ₹27,296 per month in Chennai. The take-home salary calculation is based on the average Mphasis Loan Processor salary in India which ranges between ₹2.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Loan Processor at Mphasis in Chennai?

According to AmbitionBox, 43% of the Mphasis Loan Processors in Chennai reported a notice period of 2 Months, 36% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Mphasis Loan Processor Salaries in Chennai

Mphasis Loan Processor salary in Chennai ranges between ₹2.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Mphasis latest salaries received from various employees of Mphasis.