Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Spandana Sphoorty Financial Team. If you also belong to the team, you can get access from here

Spandana Sphoorty Financial Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Spandana Sphoorty Financial Loan Officer salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹1.4 Lakh - ₹5 Lakhs
Salary of majority employees
unlock blur
unlock blur

At par with the average Loan Officer Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Loan Officer Salary
0 - 5 years exp. (18 salaries)
unlock-blur

₹1.4 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Loan Officer Salary
1 - 4 years exp. (4 salaries)
unlock-blur

₹2.1 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Loan Officer Salary
2 - 3 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.2 L/yr - ₹4 L/yr

Marketing & Communication
Loan Officer Salary
1 - 2 years exp. (AmbitionBox Estimate)
unlock-blur

₹1.6 L/yr - ₹2.6 L/yr

Last Updated: 12 Mar 2025

Companies similar to Spandana Sphoorty Financial for Loan Officer

Company name Avg Annual Salary Open Jobs
Logo
Bharat Financial Inclusion Loan Officer Salary

0 - 4 years exp. (200 salaries)

unlock blur

₹1.2 L/yr - ₹4.5 L/yr

arrow icon 14% less
Logo
HDB Financial Services Loan Officer Salary

0 - 4 years exp. (49 salaries)

unlock blur

₹1.2 L/yr - ₹3.5 L/yr

arrow icon 19% less
3 job openings
Logo
Capri Global Capital Loan Officer Salary

1 - 4 years exp. (45 salaries)

unlock blur

₹2 L/yr - ₹3.6 L/yr

arrow icon 9% less
Logo
L&T Finance Loan Officer Salary

0 - 3 years exp. (24 salaries)

unlock blur

₹1.5 L/yr - ₹2.8 L/yr

arrow icon 18% less
Logo
Muthoot Fincorp Loan Officer Salary

0 - 5 years exp. (19 salaries)

unlock blur

₹1.5 L/yr - ₹2.7 L/yr

arrow icon 29% less
Logo
Bajaj Finance Loan Officer Salary

0 - 6 years exp. (14 salaries)

unlock blur

₹1.3 L/yr - ₹3 L/yr

arrow icon 10% less
Logo
IIFL Finance Loan Officer Salary

1 - 6 years exp. (13 salaries)

unlock blur

₹1.8 L/yr - ₹3.7 L/yr

arrow icon 9% more
Logo
LendingKart Loan Officer Salary

2 - 6 years exp. (11 salaries)

unlock blur

₹2.1 L/yr - ₹3.8 L/yr

arrow icon 5% less
Logo
SMFG India Credit Loan Officer Salary

1 - 3 years exp. (7 salaries)

unlock blur

₹1.8 L/yr - ₹2.5 L/yr

arrow icon 22% less
Logo
Sammaan Capital Limited Loan Officer Salary

1 - 5 years exp. (6 salaries)

unlock blur

₹1.5 L/yr - ₹6 L/yr

arrow icon 1% more
Logo
Kotak Mahindra Prime Loan Officer Salary

1 - 6 years exp. (5 salaries)

unlock blur

₹2.1 L/yr - ₹3 L/yr

arrow icon 13% less
Logo
Shriram Finance Loan Officer Salary

1 - 6 years exp. (5 salaries)

unlock blur

₹2.5 L/yr - ₹4 L/yr

arrow icon 1% more
Logo
Satin Creditcare Network Loan Officer Salary

0 - 4 years exp. (4 salaries)

unlock blur

₹1.9 L/yr - ₹2.2 L/yr

arrow icon 29% less
Logo
Manappuram Finance Loan Officer Salary

0 - 6 years exp. (4 salaries)

unlock blur

₹1.5 L/yr - ₹3.2 L/yr

arrow icon 24% less
Logo
Aavas Financiers Loan Officer Salary

3 - 7 years exp. (4 salaries)

unlock blur

₹2.6 L/yr - ₹3.3 L/yr

arrow icon 5% more
Logo
SK Finance Limited Loan Officer Salary

0 - 2 years exp. (4 salaries)

unlock blur

₹1.5 L/yr - ₹2.4 L/yr

arrow icon 29% less
Logo
Asirvad Microfinance Loan Officer Salary

1 - 5 years exp. (3 salaries)

unlock blur

₹1.4 L/yr - ₹3.9 L/yr

arrow icon 6% less
Logo
PNB Housing Finance Loan Officer Salary

1 - 2 years exp. (3 salaries)

unlock blur

₹2.3 L/yr - ₹2.5 L/yr

arrow icon 16% less
Logo
Muthoot Microfin Loan Officer Salary

0 - 6 years exp. (3 salaries)

unlock blur

₹1.2 L/yr - ₹5.3 L/yr

At par
Logo
TVS Credit Loan Officer Salary

2 - 5 years exp. (3 salaries)

unlock blur

₹2.2 L/yr - ₹3.5 L/yr

arrow icon 8% less
View all
Loan Officer salary at Spandana Sphoorty Financial ranges between ₹1.4 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 41 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Loan Officer

5d ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
4 years exp.
1mo ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
6 months exp.
3mo ago
avg blur mobile
3 years exp.
3mo ago
avg blur mobile
1 year exp.
3mo ago
avg blur mobile
6 years exp.
4mo ago
avg blur mobile
3 years exp.
5mo ago
avg blur mobile
4 years exp.

Experience wise Spandana Sphoorty Financial Loan Officer salaries

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹1.1 L/yr - ₹3 L/yr
1 year  (14 salaries)

unlock blur

₹1.6 L/yr - ₹4.5 L/yr
2 years  (14 salaries)

unlock blur

₹1.4 L/yr - ₹4 L/yr
3 years  (5 salaries)

unlock blur

₹2.1 L/yr - ₹4 L/yr
4 years  (3 salaries)

unlock blur

₹1.1 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Spandana Sphoorty Financial

Sales Officer Salary
(4 salaries)
unlock blur
₹1.1 L/yr - ₹2.75 L/yr
unlock blur
₹2.2 L/yr - ₹2.5 L/yr
Branch Manager Salary
(152 salaries)
unlock blur
₹1.4 L/yr - ₹6.05 L/yr
Team Lead Salary
(6 salaries)
unlock blur
₹3 L/yr - ₹3.5 L/yr
unlock blur
₹1.5 L/yr - ₹2.4 L/yr
Senior Sales Officer Salary
(AmbitionBox Estimate)
unlock blur
₹2.5 L/yr - ₹3.2 L/yr
Sales Manager Salary
(5 salaries)
unlock blur
₹2.4 L/yr - ₹5 L/yr
Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹5.4 L/yr - ₹6.9 L/yr
Deputy Manager Salary
(9 salaries)
unlock blur
₹6.65 L/yr - ₹8.4 L/yr
Accountant Salary
(8 salaries)
unlock blur
₹1.5 L/yr - ₹5.8 L/yr

Salary related reviews for Spandana Sphoorty Financial

4.0

Rated by 30 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am proud to feel worked on spandana

  • Skill development - Excellent
  • +4 more

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

read more

Customer Success, Service & Operations Department

1.0
  •  posted on 05 Mar 2021

1.0
 for  Salary and Benefits

Likes

If you hate your family join spandana sphoorty, No family No week off, only begging infornt of borrowers houses. You can enjoy 24/7 beeging shiftm.... Very wonderfull to work with senior management ... They treat you like a begger infornt of temple... One and only worst never ever after company...

read more

Dislikes

They give you salary like throwing biscuits to dog that too half biscuit....

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 26 Nov 2019

5.0
 for  Salary and Benefits

Likes

There is salary and appraisal are done with comfortable and learning some trick to crack the any uncomfortable situation.how to over come from pressure.

read more
  • Salary - Excellent
  • +5 more

Dislikes

growth slow work pressure hihg i have worked 12-14 hours

Finance & Accounting Department

5.0
  •  posted on 01 Aug 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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more

Data Science & Analytics Department

1.0
  •  posted on 20 Jul 2018

2.0
 for  Salary and Benefits

Likes

Growth Opportunities

Dislikes

...b security, TOP management involvement in work of bottom of the pyramid staff, salaries are not paid on time, pathetic work environment

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Spandana Sphoorty Financial Loan Officer Salary FAQs

What is the salary of Loan Officer at Spandana Sphoorty Financial ?
The average salary of a Loan Officer at Spandana Sphoorty Financial in India typically ranges from ₹1.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Loan Officer at Spandana Sphoorty Financial earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Loan Officer Salaries at Spandana Sphoorty Financial 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 40+ Spandana Sphoorty Financial employees in India.
What is the estimated take home salary of a Loan Officer at Spandana Sphoorty Financial in India?
The estimated take-home salary of a Loan Officer at Spandana Sphoorty Financial in India typically ranges from ₹20,228 to ₹21,888 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 40+ salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Spandana Sphoorty Financial for Loan Officer in India?
Tata Capital Housing Finance ₹3.5 Lakhs to ₹3.7 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
Sammaan Capital Limited ₹1.5 Lakhs to ₹6.0 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 Spandana Sphoorty Financial, depending on the role and experience level.
What is the salary of a Loan Officer in companies similar to Spandana Sphoorty Financial in India?
The salary of a Loan Officer at companies similar to Spandana Sphoorty Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Microfin ₹1.2 Lakhs to ₹5.3 Lakhs per year
LendingKart ₹2.1 Lakhs to ₹3.8 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
Capri Global Capital ₹2.0 Lakhs to ₹3.6 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 Spandana Sphoorty Financial in India?
The salary growth for a Loan Officer at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience Average Salary Range
Fresher ₹1.1 Lakhs to ₹3.0 Lakhs per year
1 year ₹1.6 Lakhs to ₹4.5 Lakhs per year
2 years ₹1.4 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.1 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Spandana Sphoorty Financial Loan Officer salary in India ranges between ₹1.4 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 41 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.