TCS Chennai Loan Processor Salaries by 4 Employees

1 - 3 years exp.

₹1.6 Lakh - ₹4.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Loan Processor Salary in IT Services & Consulting Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Loan Processor Salary 1 year exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.4 L/yr
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Customer Success, Service & Operations Loan Processor Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr

Last Updated: 14 Mar 2023

Companies similar to TCS for Loan Processor in Chennai

TCS Loan Processor Salary

1 - 3 years exp. (4 salaries)

₹1.6 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Loan Processor Salary 1 - 5 years exp. (11 salaries)	₹1.6 L/yr - ₹3 L/yr 22% less
Wipro Loan Processor Salary 1 - 4 years exp. (10 salaries)	₹1.5 L/yr - ₹3.4 L/yr 8% less
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Mphasis Loan Processor Salary 1 - 7 years exp. (22 salaries)	₹2.1 L/yr - ₹5.5 L/yr 21% more
HDB Financial Services Loan Processor Salary 1 - 3 years exp. (6 salaries)	₹1.4 L/yr - ₹2.4 L/yr 29% less
Firstsource Solutions Loan Processor Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 22% less

Loan Processor salary at TCS ranges between ₹1.6 Lakh to ₹4.1 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 TCS.

Experience wise TCS Loan Processor salaries in Chennai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

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Salary related reviews for TCS

Senior Associate in Mumbai

Full Time

Shipping & Maritime Department

3.0

• posted on 18 Jan 2025

2.0

for Salary and Benefits

Likes

Best place to experience person, if you not want work in pressure than this company is your type.

Job security - Excellent

Dislikes

Salary growth is very low as compared other bpo company for freshers and experience employees politics they think that we are the only boss

Salary - Poor

+2 more

Senior Process Associate in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Jan 2025

3.0

for Salary and Benefits

Likes

I likes about the TCS is good work culture, low work pressure, work-life balance, lots of opportunities to learn and the most job security.

Skill development - Good

+4 more

Dislikes

It feels good working at TCS. The work culture is good, with low work pressure and lots to learn but the salary increament as per the seniority and role is low. If the salary is justified as per the seniority or designation, I would never left TCS.

Process Associate in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

work environment, career growth opportunities, and work-life balance:

Skill development - Good

+3 more

Dislikes

low salary compared to market standards, slow career progression, limited learning opportunities, a culture of internal politics, inconsistent project allocations, sometimes repetitive and mundane work, poor work-life balance depending on the project, and a lack of autonomy in decision-making.

Promotions - Poor

Process Associate in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Here you can work life balance and learn many things even company providing you multiple learning platform where you upskill your self

Skill development - Excellent

+3 more

Dislikes

Here salary is low in compare to other equivalent MNC and incriminating is also low but other benefits like job security are great

Process Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

5.0

• posted on 04 Dec 2024

3.0

for Salary and Benefits

Likes

TCS is best no other company beat TCS work culture and security especially for girls is very good

Skill development - Excellent

+4 more

Dislikes

TCS is best but when we talk about promotion and salary expectation it's not worthy.for freshers very less salary

see more salary related reviews

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What people are saying about TCS

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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

Option 1

Option 2

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TCS Loan Processor Salary FAQs

What is the salary of Loan Processor at TCS in Chennai?

The average salary of a Loan Processor at TCS in Chennai typically ranges from ₹1.6 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Loan Processor in Chennai at TCS earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Loan Processor Salaries at TCS 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 TCS employees in India.

What is the estimated take home salary of a Loan Processor at TCS in Chennai?

The estimated take-home salary of a Loan Processor at TCS in Chennai typically ranges from ₹20,602 to ₹22,256 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹4.1 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 TCS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TCS for Loan Processor in India?

Mphasis

₹2.1 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by TCS, depending on the role and experience level.

What is the salary of a Loan Processor in companies similar to TCS in Chennai?

The salary of a Loan Processor at companies similar to TCS in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro	₹1.5 Lakhs to ₹3.4 Lakhs per year
Firstsource Solutions	₹2.0 Lakhs to ₹3.0 Lakhs per year
Accenture	₹1.6 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services	₹1.4 Lakhs to ₹2.4 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 Processor at TCS in Chennai?

The salary growth for a Loan Processor at TCS in Chennai depends on factors such as experience, performance, and promotions. On average, a Loan Processor in Chennai can expect the following growth trajectory at TCS:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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TCS Loan Processor Salaries in Chennai

TCS Loan Processor salary in Chennai ranges between ₹1.6 Lakh to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TCS latest salaries received from various employees of TCS.