Spandana Sphoorty Financial Hyderabad / Secunderabad Loan Officer Salaries by 4 Employees

1 - 3 years exp.

₹3 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% more than the average Loan Officer Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr
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Finance & Accounting Loan Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3 L/yr

Last Updated: 8 Nov 2024

Companies similar to Spandana Sphoorty Financial for Loan Officer in Hyderabad / Secunderabad

Spandana Sphoorty Financial Loan Officer Salary

1 - 3 years exp. (4 salaries)

₹3 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Loan Officer Salary 0 - 3 years exp. (8 salaries)	₹1.3 L/yr - ₹3.9 L/yr 18% less
Tata Capital Loan Officer Salary 0 - 3 years exp. (7 salaries)	₹2.1 L/yr - ₹3.4 L/yr 5% less	60 job openings
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HDFC Bank Loan Officer Salary 1 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹5 L/yr 18% more
ICICI Bank Loan Officer Salary 2 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 12% less
Criss Financial Loan Officer Salary 0 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3.6 L/yr 19% less

Loan Officer salary at Spandana Sphoorty Financial ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Loan Officer salaries in Hyderabad / Secunderabad

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Spandana Sphoorty Financial

Branch Manager Salary

(15 salaries)

₹1.5 L/yr - ₹6 L/yr

Accountant Salary

(8 salaries)

₹1.5 L/yr - ₹5.8 L/yr

Team Lead Salary

(6 salaries)

₹3 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(5 salaries)

₹6.8 L/yr - ₹8 L/yr

Salary related reviews for Spandana Sphoorty Financial

Accountant in Hyderabad / Secunderabad

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

Branch Manager in Hyderabad / Secunderabad

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...

Dislikes

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

Salary - Bad

+6 more

Branch Manager

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.

Salary - Excellent

+5 more

Dislikes

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

Branch Manager in Katol

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.

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.

Senior Analyst in Hyderabad / Secunderabad

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

Salary - Poor

+4 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Spandana Sphoorty Financial Loan Officer Salary FAQs

What is the salary of Loan Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad?

The average salary of a Loan Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Loan Officer in Hyderabad / Secunderabad at Spandana Sphoorty Financial earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 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 4 Spandana Sphoorty Financial employees in India.

What is the estimated take home salary of a Loan Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad?

The estimated take-home salary of a Loan Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad typically ranges from ₹21,867 to ₹23,353 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 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?

HDFC Bank

₹2.5 Lakhs to ₹5.0 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 Hyderabad / Secunderabad?

The salary of a Loan Officer at companies similar to Spandana Sphoorty Financial in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital	₹2.1 Lakhs to ₹3.4 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹3.0 Lakhs per year
Bharat Financial Inclusion	₹1.3 Lakhs to ₹3.9 Lakhs per year
Criss Financial	₹1.8 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 Hyderabad / Secunderabad?

The salary growth for a Loan Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Loan Officer in Hyderabad / Secunderabad can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.4 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Spandana Sphoorty Financial Loan Officer Salaries in Hyderabad / Secunderabad

Spandana Sphoorty Financial Loan Officer salary in Hyderabad / Secunderabad ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.