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Spinny Loan Officer salaries in India

Annual salary range
1 - 6 years exp.
₹3.2 Lakhs - ₹3.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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27% more than the average Loan Officer Salary in Internet Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Loan Officer Salary
5 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹3.9 L/yr

Finance & Accounting
Loan Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.5 L/yr

Sales & Business Development
Loan Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 11 Aug 2024

Companies similar to Spinny for Loan Officer

Company name Avg Annual Salary Open Jobs
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Ujjivan Small Finance Bank Loan Officer Salary

0 - 9 years exp. (355 salaries)

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₹1.7 L/yr - ₹4.3 L/yr

arrow icon 11% less
3 job openings
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HDFC Sales Loan Officer Salary

0 - 6 years exp. (256 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 14% less
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Bharat Financial Inclusion Loan Officer Salary

0 - 4 years exp. (200 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 30% less
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HDFC Bank Loan Officer Salary

0 - 5 years exp. (107 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 12% less
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AVIOM Loan Officer Salary

0 - 6 years exp. (104 salaries)

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₹1.4 L/yr - ₹4.8 L/yr

arrow icon 26% less
Loan Officer salary at Spinny ranges between ₹3.2 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Spinny.

Latest annual salaries shared by Spinny Loan Officer

5mo ago
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6 years exp.
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6 years exp.
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1 year exp.
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Experience wise Spinny Loan Officer salaries

Last Updated: 11 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.5 L/yr
View all

Similar Designation salaries in Spinny

Sales Officer Salary
(3 salaries)
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₹2.5 L/yr - ₹4.8 L/yr
Branch Manager Salary
(3 salaries)
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₹5.4 L/yr - ₹7.5 L/yr
Team Lead Salary
(207 salaries)
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₹2.8 L/yr - ₹8.5 L/yr
Relationship Officer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹3.84 L/yr - ₹4.2 L/yr
Sales Manager Salary
(13 salaries)
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₹3.25 L/yr - ₹9.72 L/yr
Analyst Salary
(9 salaries)
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₹4 L/yr - ₹8 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Accountant Salary
(4 salaries)
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₹2.85 L/yr - ₹3.84 L/yr
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₹3 L/yr - ₹5 L/yr

Top skills at Spinny for Loan Officer

Disbursement DSA Auto Loans Car Loan Auto Finance Document Verification

Salary related reviews for Spinny

4.6

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 18 Apr 2023

5.0
 for  Salary and Benefits

Likes

High salary And High incentives,

  • Salary - Excellent
  • +6 more

Dislikes

Hard work beyond your ability,no extra leaves,job timings are not fixed, No social life , Above all is for Hub Teams only, There are multiple departments Are much Better Than Hub Team,

read more

Full Time

 · 

Sales & Operations Department

2.0
  •  posted on 03 May 2021

3.0
 for  Salary and Benefits

Likes

Good people have already left the organization.

Dislikes

Office Politics, Founders and co-founder's ignorance towards office culture. Salary is decent but growth opportunities are limited and reserved for favorites.

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Jul 2022

1.0
 for  Salary and Benefits

Likes

Nothing to like about this company now

Dislikes

Working hours Delay in salary and incentives After leaving job no one will respond even during employment you have achieved each and every target that company has given

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 04 Feb 2025

4.0
 for  Salary and Benefits

Likes

On time salary Decent leave policy

  • Salary - Good

Dislikes

1.Skill development is slim to none. 2.Promotion solely depends on your relationship with the manager. 3.SOP and kRA's aren't defined for most of the roles and it changes constantly with the Poc and management change. 4. Culture is defined by the people in power but since the kRA's aren't defined very few people owns the authority and that makes the culture toxic in Spinny.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 30 Jan 2025

1.0
 for  Salary and Benefits

Likes

...of what it once was—a rotting carcass riddled with politics and poor management. Employees are stuck in stagnant roles for years with minimal or no salary hikes, fueling frustration and demotivation.

read more

Dislikes

Managers favor their inner circle while the CEO focuses solely on brand and profit, ignoring the toxic culture. HR is a mere formality, offering no protection—raising concerns often backfires on employees. Compensation is a joke, with trivial raises and empty promises of better hikes that never come. Promotions are rare and based on favoritism, not merit. If you care about your growth and sanity, look elsewhere. This place is a career dead end.

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

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Spinny Loan Officer Salary FAQs

What is the salary of Loan Officer at Spinny ?
The average salary of a Loan Officer at Spinny in India typically ranges from ₹3.2 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Loan Officer at Spinny earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Loan Officer Salaries at Spinny 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 6 Spinny employees in India.
What is the estimated take home salary of a Loan Officer at Spinny in India?
The estimated take-home salary of a Loan Officer at Spinny in India typically ranges from ₹25,309 to ₹26,743 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 1 year 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 6 salaries received from various employees of Spinny. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Loan Officer at Spinny ?
To be a Loan Officer at Spinny in india, the key skills required include:

  • - Disbursement
  • - DSA
  • - Auto Loans
  • - Car Loan
  • - Auto Finance

These skills are highly valued at Spinny and are crucial for successful performance in a Software Engineering role.
What is the salary of a Loan Officer in companies similar to Spinny in India?
The salary of a Loan Officer at companies similar to Spinny in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ujjivan Small Finance Bank ₹1.7 Lakhs to ₹4.3 Lakhs per year
HDFC Bank ₹1.2 Lakhs to ₹5.0 Lakhs per year
HDFC Sales ₹1.5 Lakhs to ₹4.5 Lakhs per year
AVIOM ₹1.4 Lakhs to ₹4.8 Lakhs per year
Bharat Financial Inclusion ₹1.2 Lakhs to ₹4.5 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 Spinny in India?
The salary growth for a Loan Officer at Spinny depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at Spinny:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹5.8 Lakhs per year
2 years ₹3.2 Lakhs to ₹6.0 Lakhs per year
3 years ₹1.4 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Spinny Loan Officer salary in India ranges between ₹3.2 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Spinny latest salaries received from various employees of Spinny.