State Bank of India Loan Processor Salaries by 4 Employees (Updated 2025)

2 - 8 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

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9% less than the average Loan Processor Salary in Banking Companies for 2 - 8 years of experience

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Last Updated: 6 Jul 2024

Companies similar to State Bank of India for Loan Processor

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Processor Salary 0 - 4 years exp. (16 salaries)	Unlock ₹1.2 L/yr - ₹3.2 L/yr 25% less
Axis Bank Loan Processor Salary 0 - 2 years exp. (5 salaries)	Unlock ₹1.5 L/yr - ₹3.2 L/yr 12% less
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Bank of Baroda Loan Processor Salary 1 - 2 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr 29% more
Indian Bank Loan Processor Salary 0 - 4 years exp. (3 salaries)	Unlock ₹3.6 L/yr - ₹4.6 L/yr 47% more
IDBI Bank Loan Processor Salary 2 - 3 years exp. (4 salaries)	Unlock ₹1 L/yr - ₹2.5 L/yr 60% less
Kotak Mahindra Bank Loan Processor Salary 0 - 6 years exp. (16 salaries)	Unlock ₹1.7 L/yr - ₹3.3 L/yr 25% less
Bandhan Bank Loan Processor Salary 2 - 3 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹3.4 L/yr 39% less
Yes Bank Loan Processor Salary 1 - 4 years exp. (4 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 5% less
IDFC FIRST Bank Loan Processor Salary 0 - 3 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹3 L/yr 18% less
IndusInd Bank Loan Processor Salary 0 - 1 year exp. (3 salaries)	Unlock ₹1.2 L/yr - ₹2 L/yr 39% less
Bank of America Loan Processor Salary 2 years exp. (3 salaries)	Unlock ₹3.3 L/yr - ₹4.8 L/yr 39% more
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Loan Processor salary at State Bank of India ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Loan Processor salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.3 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3 L/yr

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Salary related reviews for State Bank of India

4.1

Rated by 4 employees for salary & benefits

Deputy Manager in Bokaro

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Fixed salary

Job security - Excellent

Dislikes

Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 15 Nov 2024

4.0

for Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

Salary - Good

+1 more

Dislikes

...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

Skill development - Bad

+3 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 18 Sep 2024

4.0

for Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

Salary - Good

+2 more

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

Company culture - Poor

+1 more

Deputy Manager in New Delhi

Full Time

Other Department

3.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and little bit of recognition

Job security - Excellent

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

Work satisfaction - Bad

+2 more

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Salary and perks

Job security - Good

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

Salary - Poor

+4 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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State Bank of India Loan Processor Salary FAQs

What is the salary of Loan Processor at State Bank of India?

Loan Processor salary at State Bank of India in India ranges between ₹2.5 Lakhs to ₹3.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 9% less than the average Loan Processor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India India.

How does the salary of a Loan Processor at State Bank of India India compare with the average salary range for this job?

The average salary of a Loan Processor at State Bank of India is 9% less than the average salary of a Loan Processor in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a Loan Processor in India?

Indian Bank Loan Processor Salary - ₹3.6 Lakhs to ₹4.6 Lakhs per year
Bank of America Loan Processor Salary - ₹3.3 Lakhs to ₹4.8 Lakhs per year
Bank of Baroda Loan Processor Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Loan Processor in companies similar to State Bank of India in India?

Yes Bank Loan Processor Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Axis Bank Loan Processor Salary - ₹1.5 Lakhs to ₹3.2 Lakhs per year
IDFC FIRST Bank Loan Processor Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Loan Processor Salary - ₹1.2 Lakhs to ₹3.2 Lakhs per year
Kotak Mahindra Bank Loan Processor Salary - ₹1.7 Lakhs to ₹3.3 Lakhs per year

What is the estimated take home salary of a Loan Processor at State Bank of India in India?

The estimated take-home salary of a Loan Processor at State Bank of India ranges between ₹19,210 per month to ₹20,885 per month in India. The take-home salary calculation is based on the average State Bank of India Loan Processor salary in India which ranges between ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Loan Processor at State Bank of India?

According to AmbitionBox, 67% of the State Bank of India Loan Processors reported a notice period of 15 days or less, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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State Bank of India Loan Processor Salaries

State Bank of India Loan Processor salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.