Shriram Finance Loan Processor Salaries by 4 Employees

1 - 7 years exp.

₹2 Lakhs - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Loan Processor Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Processor Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr
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Finance & Accounting Loan Processor Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 17 Nov 2024

Companies similar to Shriram Finance for Loan Processor

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Loan Processor Salary 1 - 3 years exp. (49 salaries)	₹0.9 L/yr - ₹3.1 L/yr 3% more
Muthoot Fincorp Loan Processor Salary 0 - 3 years exp. (27 salaries)	₹1.2 L/yr - ₹2.5 L/yr 13% less
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Manappuram Finance Loan Processor Salary 0 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr 6% more
CreditAccess Grameen Loan Processor Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2 L/yr 7% less
LIC Housing Finance Loan Processor Salary 1 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹3.5 L/yr 8% more
Kotak Mahindra Prime Loan Processor Salary 4 - 7 years exp. (3 salaries)	₹1.7 L/yr - ₹2.8 L/yr 1% more

Loan Processor salary at Shriram Finance ranges between ₹2 Lakhs to ₹2.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Loan Processor salaries

Last Updated: 17 Nov 2024

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

View all

Similar Designation salaries in Shriram Finance

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(72 salaries)

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Analyst Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Finance Executive Salary

(246 salaries)

₹1.3 L/yr - ₹4.05 L/yr

Accountant Salary

(98 salaries)

₹1.1 L/yr - ₹6.75 L/yr

Senior Associate Salary

(4 salaries)

₹2.5 L/yr - ₹3.26 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Senior Analyst Salary

(3 salaries)

₹2 L/yr - ₹4.3 L/yr

Deputy Manager Salary

(219 salaries)

₹2.2 L/yr - ₹9.4 L/yr

Accounts Officer Salary

(17 salaries)

₹1.3 L/yr - ₹5 L/yr

Account Assistant Salary

(15 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Salary related reviews for Shriram Finance

3.0

Rated by 1 employees for salary & benefits

Management Trainee in Nagpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Company is good but on top level and big cities offices only

Job security - Good

+1 more

Dislikes

...ing There is lots of miscommunication and lies told in induction training aboit company which is totally false when joining salary is too low for management Trainee also there is force fully pressure for target and business if able to do then they forced you to resign even you are in learning phase and probation Basically hire as an Management Trainee but treated as like junior executives

Salary - Poor

+1 more

Deputy Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

Best Working culture, seniors very supportive, friendly, lots of learning, we get a chance to explore ourself, lots of opportunities for learning new things. Equal treatment. Treating as one family.

Salary - Good

+6 more

Dislikes

...nough per year but salary increment is poor. it does not meet our requirements . Salary hike very low.

Senior Accounts Executive in Nagpur

Full Time

Finance & Accounting Department

5.0

• posted on 06 Oct 2023

1.0

for Salary and Benefits

Likes

Good for that people who is allready settled, they want to job just for nominally, bcg Salary structure is too pure. Promotion is too pure here is only polytics.. but company is wonderful stability job.. who work here he knows wervell.

Job security - Excellent

+1 more

Dislikes

Salary and pramotion bad

Salary - Bad

+3 more

Management Trainee in Pratapgarh

Full Time

Finance & Accounting Department

3.0

• posted on 01 Feb 2024

1.0

for Salary and Benefits

Likes

If you join this company as a Management Trainee then after 1 year they will absorve you at any managerial position.

Job security - Good

Dislikes

Politics Less educated managers with traditional and narrow mindset Very less pay No proper promotion Long working hrs Sometimes you have to work on Sunday also

Salary - Bad

+4 more

Financial Analyst in Chennai

Other Department

4.0

• posted on 17 Jun 2022

4.0

for Salary and Benefits

Likes

...ly in nature and helpful. We can learn a lot from the greatest minds over their. As a result apart from salary you can tame over their in terms of professionalism. I'm happy to part of this group.

Salary - Good

+6 more

Dislikes

Nothing

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Shriram Finance Loan Processor Salary FAQs

What is the salary of Loan Processor at Shriram Finance ?

The average salary of a Loan Processor at Shriram Finance in India typically ranges from ₹2.0 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Loan Processor at Shriram Finance earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.1 Lakhs per year. Loan Processor Salaries at Shriram Finance 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 Shriram Finance employees in India.

What is the estimated take home salary of a Loan Processor at Shriram Finance in India?

The estimated take-home salary of a Loan Processor at Shriram Finance in India typically ranges from ₹14,144 to ₹15,638 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 1 year to 7 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 Shriram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram Finance for Loan Processor in India?

LIC Housing Finance	₹1.7 Lakhs to ₹3.5 Lakhs per year
Manappuram Finance	₹1.8 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services	₹0.9 Lakhs to ₹3.1 Lakhs per year
Kotak Mahindra Prime	₹1.7 Lakhs to ₹2.8 Lakhs per year

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

What is the salary of a Loan Processor in companies similar to Shriram Finance in India?

The salary of a Loan Processor at companies similar to Shriram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CreditAccess Grameen	₹1.8 Lakhs to ₹2.0 Lakhs per year
Muthoot Fincorp	₹1.2 Lakhs to ₹2.5 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 Processor at Shriram Finance in India?

The salary growth for a Loan Processor at Shriram Finance depends on factors such as experience, performance, and promotions. On average, a Loan Processor can expect the following growth trajectory at Shriram Finance:

Experience	Average Salary Range
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
4 years	₹1.8 Lakhs to ₹2.4 Lakhs per year

and so on.

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Shriram Finance Loan Processor Salaries

Shriram Finance Loan Processor salary in India ranges between ₹2 Lakhs to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Finance latest salaries received from various employees of Shriram Finance.