Svatantra Microfin Loan Officer Salaries by 9 Employees (Updated 2024)

2 - 5 years exp.

₹1.8 Lakh - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

At par with the average Loan Officer Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Officer Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.7 L/yr
Customer Success, Service & Operations Loan Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Marketing & Communication Loan Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
Sales & Business Development Loan Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
Procurement & Supply Chain Loan Officer Salary 3 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 16 May 2023

Companies similar to Svatantra Microfin for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Loan Officer Salary 0 - 7 years exp. (22 salaries)	₹1.7 L/yr - ₹3.4 L/yr 4% less	19 job openings
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (195 salaries)	₹1.1 L/yr - ₹4.5 L/yr 7% less
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Jana Small Finance Bank Loan Officer Salary 0 - 6 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 18% less
Utkarsh Small Finance Bank Loan Officer Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹3.6 L/yr 14% less
Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 24% less
CreditAccess Grameen Loan Officer Salary 0 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹1.9 L/yr 36% less
Annapurna Finance Loan Officer Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 19% less
Fincare Small Finance Bank Loan Officer Salary 0 - 6 years exp. (4 salaries)	₹1.4 L/yr - ₹2.7 L/yr 18% less
Capri Global Capital Loan Officer Salary 0 - 4 years exp. (59 salaries)	₹1.8 L/yr - ₹3.6 L/yr 4% less
Tata Capital Loan Officer Salary 0 - 4 years exp. (61 salaries)	₹2.1 L/yr - ₹3.6 L/yr 9% more	25 job openings
Kinara Capital Loan Officer Salary 0 - 3 years exp. (13 salaries)	₹2.2 L/yr - ₹3.6 L/yr 10% more
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SMFG India Credit Loan Officer Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 17% less
Home Credit Finance Loan Officer Salary 1 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 25% less
Aditya Birla Finance Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 44% more
Aavas Financiers Loan Officer Salary 3 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 13% more
Bajaj Housing Finance Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 19% less
Hero FinCorp Loan Officer Salary 4 - 8 years exp. (3 salaries)	₹1.6 L/yr - ₹6 L/yr 40% more
Muthoot Microfin Loan Officer Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹5.3 L/yr 7% more
Piramal Capital Housing Finance Loan Officer Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹12 L/yr 117% more

Loan Officer salary at Svatantra Microfin ranges between ₹1.8 Lakh to ₹3.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Svatantra Microfin.

Experience wise Svatantra Microfin Loan Officer salaries

Last Updated: 16 May 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹1.8 L/yr - ₹3 L/yr
3 years (3 salaries)	₹1.8 L/yr - ₹3.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.7 L/yr

Similar Designation salaries in Svatantra Microfin

Sales Officer Salary

(4 salaries)

₹1.44 L/yr - ₹3 L/yr

Collection Officer Salary

(4 salaries)

₹1.6 L/yr - ₹2.2 L/yr

Branch Manager Salary

(103 salaries)

₹2.1 L/yr - ₹5.45 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Relationship Officer Salary

(8 salaries)

₹1.49 L/yr - ₹3.43 L/yr

Senior Sales Officer Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Deputy Manager Salary

(12 salaries)

₹8.65 L/yr - ₹13.9 L/yr

Accountant Salary

(4 salaries)

₹2.6 L/yr - ₹6.5 L/yr

Top skills at Svatantra Microfin for Loan Officer

Home Loans Lap financial sales Sales housing loan hl housing finance

Salary related reviews for Svatantra Microfin

Branch Manager in Nanded

Full Time

Finance & Accounting Department

5.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

...pvt Ltd is best industry in India all Staff Sefty salution Education Relative... Help Staff Advance Salary Benifits Thank you for Svatantra

Dislikes

Svatantra Microfin pvt Ltd Is best industry In all But Management Team political issues No any Respect Field work Staff

Data Entry Operator in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 14 Dec 2021

4.0

for Salary and Benefits

Likes

...agement 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.

Dislikes

There is a lot of politics and the management dose not 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 joiners.

Regional Mediclaim Coordinator in Mumbai

CSR & Social Service Department

4.0

• posted on 03 Jun 2022

5.0

for Salary and Benefits

Likes

Compensation and Job security is one among the best for my designation. I'm also able to manage a good work life balance.

Dislikes

Career Growth and Opportunities is not upto the mark as far as my designation is concerned. Being a Social Work Graduate, the experience that I'm having in my current position is not considered as valid for most of the Social work professions

Area Operation Manager in Bikaner

Finance Department

4.0

• posted on 10 Aug 2021

3.0

for Salary and Benefits

Likes

I'm so lucky & thankful to part of this company. There is a Great working culture ever I have seen, excellent & supportive management, lots of learning ways & platform, values which will definitely change the society & create more woman empowerment.

Dislikes

Everything is fine but salary is little bit low as compare to your work responsibility & as compare to other institution.

Branche Operation Manager in Mumbai

Branch Operations Department

5.0

• posted on 10 Apr 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.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Svatantra Microfin Loan Officer Salary FAQs

What is the salary of Loan Officer at Svatantra Microfin?

Loan Officer salary at Svatantra Microfin in India ranges between ₹1.8 Lakhs to ₹3.3 Lakhs for experience between 2 years to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Svatantra Microfin India.

What are the top skills required to work as a Loan Officer at Svatantra Microfin?

Home Loans, Lap, financial sales, Sales and housing loan are some of the popular skills required to work as a Loan Officer at Svatantra Microfin India.

Which similar companies are paying more than Svatantra Microfin to a Loan Officer in India?

Piramal Capital Housing Finance Loan Officer Salary - ₹1.9 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Finance Loan Officer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Hero FinCorp Loan Officer Salary - ₹1.6 Lakhs to ₹6.0 Lakhs per year
Aavas Financiers Loan Officer Salary - ₹2.6 Lakhs to ₹3.3 Lakhs per year
Kinara Capital Loan Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year

What is the salary of a Loan Officer in companies similar to Svatantra Microfin in India?

Tata Capital Loan Officer Salary - ₹2.1 Lakhs to ₹3.6 Lakhs per year
Muthoot Microfin Loan Officer Salary - ₹1.2 Lakhs to ₹5.3 Lakhs per year
Ujjivan Financial Services Loan Officer Salary - ₹1.7 Lakhs to ₹3.4 Lakhs per year
Capri Global Capital Loan Officer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
Bharat Financial Inclusion Loan Officer Salary - ₹1.1 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Loan Officer at Svatantra Microfin in India?

The estimated take-home salary of a Loan Officer at Svatantra Microfin ranges between ₹18,642 per month to ₹20,325 per month in India. The take-home salary calculation is based on the average Svatantra Microfin Loan Officer salary in India which ranges between ₹1.8 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at Svatantra Microfin?

According to AmbitionBox, 100% of the Svatantra Microfin Loan Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Svatantra Microfin Loan Officer Salaries by Location

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Svatantra Microfin Loan Officer Salaries

Svatantra Microfin Loan Officer salary in India ranges between ₹1.8 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Svatantra Microfin latest salaries received from various employees of Svatantra Microfin.