Satin Creditcare Network Loan Officer Salaries by 4 Employees

0 - 4 years exp.

₹1.9 Lakh - ₹2.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

27% less than the average Loan Officer Salary in NBFC Companies for 0 - 4 years of experience

Interested in this particular role?

Last Updated: 23 Jan 2024

Companies similar to Satin Creditcare Network for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (202 salaries)	₹1.2 L/yr - ₹4.5 L/yr 20% more
Tata Capital Loan Officer Salary 0 - 5 years exp. (78 salaries)	₹2.1 L/yr - ₹3.5 L/yr 42% more	60 job openings
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HDB Financial Services Loan Officer Salary 0 - 4 years exp. (51 salaries)	₹1.2 L/yr - ₹4 L/yr 19% more	1 job opening
Spandana Sphoorty Financial Loan Officer Salary 0 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹5 L/yr 40% more
L&T Finance Loan Officer Salary 0 - 4 years exp. (25 salaries)	₹1.5 L/yr - ₹2.8 L/yr 13% more
Muthoot Fincorp Loan Officer Salary 0 - 4 years exp. (19 salaries)	₹1.5 L/yr - ₹2.7 L/yr 1% more
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹1.3 L/yr - ₹3 L/yr 27% more
IIFL Finance Loan Officer Salary 1 - 6 years exp. (13 salaries)	₹1.8 L/yr - ₹3.7 L/yr 54% more
SMFG India Credit Loan Officer Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 10% more
Home Credit Finance Loan Officer Salary 1 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 1% less
IIFL SAMASTA Loan Officer Salary 0 - 3 years exp. (5 salaries)	₹1.4 L/yr - ₹2.8 L/yr 2% more
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Shriram Finance Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 43% more
Aditya Birla Finance Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 90% more
Manappuram Finance Loan Officer Salary 0 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹3.2 L/yr 8% more
Aavas Financiers Loan Officer Salary 3 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 49% more
SK Finance Limited Loan Officer Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 18% less
Annapurna Finance Loan Officer Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 6% more
Asirvad Microfinance Loan Officer Salary 1 - 5 years exp. (3 salaries)	₹1.4 L/yr - ₹3.9 L/yr 34% more
Muthoot Microfin Loan Officer Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹5.3 L/yr 41% more
TVS Credit Loan Officer Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 31% more

View all

Loan Officer salary at Satin Creditcare Network ranges between ₹1.9 Lakh to ₹2.2 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 Satin Creditcare Network.

Experience wise Satin Creditcare Network Loan Officer salaries

Last Updated: 23 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

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Salary related reviews for Satin Creditcare Network

4.1

Rated by 3 employees for salary & benefits

Branch Manager in Agartala

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 05 Apr 2024

3.0

for Salary and Benefits

Likes

Here we have many reason to like sati... Such as... Good working place Salary Attractive incentive

Skill development - Excellent

+1 more

Dislikes

Basically satin is a good working place but some I have to fill badly because of edp & par 1, I just want to. Take some time to close them

Branch Manager in Ganjam

Other Department

1.0

• posted on 25 Apr 2022

1.0

for Salary and Benefits

Likes

.... And other sides are very bad. So, this is not a good platform for work/career. The employees are of this company are working with very low salary. There is no guarantee on Incentive. It works all day of a week. There is no National Holiday, like Gandhi Jayanti, Republic Day, Independence Day. It works on Holiday without any proof. It refused to maintain actual Holiday date. The job of employees are not secure. So, it totally not a good platform for work.

Dislikes

This is not a good platform for work/career. The employees are of this company are working with very low salary. There is no guarantee on Incentive. It works all day of a week. There is no National Holiday, like Gandhi Jayanti, Republic Day, Independence Day. It works on Holiday without any proof. It refused to maintain actual Holiday date. The job of employees are not secure. So, it totally not a good platform for work

Salary - Bad

+6 more

Branch Manager

Other Department

5.0

• posted on 15 Jan 2020

5.0

for Salary and Benefits

Likes

Salary,and growth is touchable asper performance but 100% politics by superior will not want To growth

Salary - Excellent

+5 more

Dislikes

Direct interferanc to junior from Rm level by avoiding his /her immediate down line... That's dislike

Job security - Poor

Sales Executive

Operations Department

4.0

• posted on 17 Dec 2018

3.0

for Salary and Benefits

Likes

...first round asked by recruiters as like self intro, experience, ambition etc. Then after recruiters told about rules and regulations of company, how it works, policies, salary and facilities etc.

Skill development - Good

+4 more

Dislikes

Its a very nice culture in my company to help the people those who needed financial help. Insist There is no time in this job for family and friends because of busy schedule like center meetings & collection in first time then cgt and grt and also arrer and od collection in second time. I really want some time to spent with my family and friends and for those peoples who aspecting to help by me.

Manager Training & Development in Ludhiana

Full Time

Teaching & Training Department

3.0

• posted on 19 Jul 2024

3.0

for Salary and Benefits

Likes

...re is good but if you're looking for career here not sure that will be worth it. Rest salary on time , no worries about leaves, but promotion and increment are biggest concern, overall Average

Dislikes

No one appreciate you in terms of innovation. They just ask ha tik hai. Rest increment and promotion is bigger concern even your manager said , I did whatever in my hand.

Skill development - Bad

+3 more

see more salary related reviews

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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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Satin Creditcare Network Loan Officer Salary FAQs

What is the salary of Loan Officer at Satin Creditcare Network ?

The average salary of a Loan Officer at Satin Creditcare Network in India typically ranges from ₹1.9 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Loan Officer at Satin Creditcare Network earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Loan Officer Salaries at Satin Creditcare Network 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 4 Satin Creditcare Network employees in India.

What is the estimated take home salary of a Loan Officer at Satin Creditcare Network in India?

The estimated take-home salary of a Loan Officer at Satin Creditcare Network in India typically ranges from ₹13,811 to ₹15,275 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher 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 4 salaries received from various employees of Satin Creditcare Network. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Satin Creditcare Network for Loan Officer in India?

Piramal Capital Housing Finance	₹1.9 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Finance	₹3.0 Lakhs to ₹4.5 Lakhs per year
IIFL Finance	₹1.8 Lakhs to ₹3.7 Lakhs per year
Aavas Financiers	₹2.6 Lakhs to ₹3.3 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Satin Creditcare Network, depending on the role and experience level.

What is the salary of a Loan Officer in companies similar to Satin Creditcare Network in India?

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

Tata Capital	₹2.1 Lakhs to ₹3.5 Lakhs per year
Muthoot Microfin	₹1.2 Lakhs to ₹5.3 Lakhs per year
Spandana Sphoorty Financial	₹1.4 Lakhs to ₹5.0 Lakhs per year
Asirvad Microfinance	₹1.4 Lakhs to ₹3.9 Lakhs per year
TVS Credit	₹2.2 Lakhs to ₹3.5 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 Loan Officer at Satin Creditcare Network in India?

The salary growth for a Loan Officer at Satin Creditcare Network depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at Satin Creditcare Network:

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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Satin Creditcare Network Loan Officer Salaries

Satin Creditcare Network Loan Officer salary in India ranges between ₹1.9 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Satin Creditcare Network latest salaries received from various employees of Satin Creditcare Network.