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The Saraswat Co-operative Bank Loan Officer salaries in India (Updated 2025)

Annual salary range
3 - 6 years exp.
₹3.5 Lakhs - ₹4.5 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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39% more than the average Loan Officer Salary in Banking Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Loan Officer Salary
6 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Customer Success, Service & Operations
Loan Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Finance & Accounting
Loan Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.1 L/yr

Last Updated: 2 Mar 2025

Companies similar to The Saraswat Co-operative Bank 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 19% less
3 job openings
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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 20% less
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RBL Bank Loan Officer Salary

0 - 5 years exp. (48 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 48% less
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IDFC FIRST Bank Loan Officer Salary

0 - 5 years exp. (43 salaries)

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₹1 L/yr - ₹3.8 L/yr

arrow icon 35% less
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IndusInd Bank Loan Officer Salary

0 - 5 years exp. (33 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 27% less
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Axis Bank Loan Officer Salary

0 - 5 years exp. (32 salaries)

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₹1.6 L/yr - ₹3.3 L/yr

arrow icon 44% less
2 job openings
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Bandhan Bank Loan Officer Salary

0 - 6 years exp. (27 salaries)

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₹1.7 L/yr - ₹4.1 L/yr

arrow icon 26% less
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ICICI Bank Loan Officer Salary

1 - 8 years exp. (25 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 25% less
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Kotak Mahindra Bank Loan Officer Salary

0 - 6 years exp. (14 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 35% less
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Jana Small Finance Bank Loan Officer Salary

0 - 6 years exp. (13 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 40% less
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IDBI Bank Loan Officer Salary

0 - 11 years exp. (7 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 58% more
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Canara Bank Loan Officer Salary

1 - 8 years exp. (5 salaries)

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₹1.4 L/yr - ₹10 L/yr

arrow icon 55% more
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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 40% less
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Federal Bank Loan Officer Salary

1 - 2 years exp. (4 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 39% less
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Karur Vysya Bank Loan Officer Salary

0 - 9 years exp. (3 salaries)

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₹1.6 L/yr - ₹10.9 L/yr

arrow icon 27% more
Loan Officer salary at The Saraswat Co-operative Bank ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of The Saraswat Co-operative Bank.

Latest annual salaries shared by The Saraswat Co-operative Bank Loan Officer

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3 years exp.
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4 years exp.
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6 years exp.
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3 years exp.

Experience wise The Saraswat Co-operative Bank Loan Officer salaries

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
3 years  (3 salaries)

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₹3.7 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.4 L/yr

Similar Designation salaries in The Saraswat Co-operative Bank

Sales Officer Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
Branch Manager Salary
(65 salaries)
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₹4.82 L/yr - ₹17.8 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.4 L/yr
Relationship Officer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Sales Manager Salary
(3 salaries)
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₹7.5 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(433 salaries)
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₹3.4 L/yr - ₹10 L/yr
Accountant Salary
(3 salaries)
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₹1.8 L/yr - ₹8 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹0.9 L/yr - ₹10 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for The Saraswat Co-operative Bank

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

Banks policy are goods, work environment is also good all teammates are like family, management never pressurized about work and targets, very helping and supporting management.

read more
  • Skill development - Good
  • +5 more

Dislikes

Salary hike is low as compared to public sector bank.

Full Time

 · 

Other Department

4.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Work culture is really good, you get to learn many things as one person does everything. There is no proper segregation of work. Staff is responsible for sales, audit, branch operations, customer service, it issues etc. so it's multi tasking job.

read more
  • Skill development - Good
  • +3 more

Dislikes

Salary and other monetary benefits of the bank are not good. Appraisal and yearly increment are always delayed. No communication from HR regarding the same. HR policies of the bank need to be improved. So that people will stay here for long.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 10 Jun 2024

3.0
 for  Salary and Benefits

Likes

Supportive staff and proper training is given by bank to it's employees.good bank for learning but not recommended to work till retirement.

read more
  • Job security - Good
  • +1 more

Dislikes

Various targets i.e casa, insurance, fd, sip mutual fund, credit card etc and low salary as compared to sales pressure and targets. You need to do both operations and marketing at less salary.

read more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 03 Jan 2024

1.0
 for  Salary and Benefits

Likes

Nothing to like about

Dislikes

...ce of working in saraswat bank. There is no proper management in any department. They provide worst salary but work pressure is high. Pathetic culture. No employee is happy working in saraswat bank.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Dec 2023

1.0
 for  Salary and Benefits

Likes

Nothing special...

Dislikes

...ty Politics Unorganized and Toxic Work Culture Favouritism No work life balance Lower Pay Scale Unprofessional and Unethical Practices Non- Transparent HR Policies Required to work on holidays if the need be. Extreme pressure for marketing..

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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The Saraswat Co-operative Bank Loan Officer Salary FAQs

What is the salary of Loan Officer at The Saraswat Co-operative Bank ?
The average salary of a Loan Officer at The Saraswat Co-operative Bank in India typically ranges from ₹3.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Loan Officer at The Saraswat Co-operative Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Loan Officer Salaries at The Saraswat Co-operative Bank 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 5 The Saraswat Co-operative Bank employees in India.
What is the estimated take home salary of a Loan Officer at The Saraswat Co-operative Bank in India?
The estimated take-home salary of a Loan Officer at The Saraswat Co-operative Bank in India typically ranges from ₹28,015 to ₹29,409 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years 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 5 salaries received from various employees of The Saraswat Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than The Saraswat Co-operative Bank for Loan Officer in India?
IDBI Bank ₹2.0 Lakhs to ₹7.0 Lakhs per year
Canara Bank ₹1.4 Lakhs to ₹10.0 Lakhs per year
Karur Vysya Bank ₹1.6 Lakhs to ₹10.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Saraswat Co-operative Bank, depending on the role and experience level.
What is the salary of a Loan Officer in companies similar to The Saraswat Co-operative Bank in India?
The salary of a Loan Officer at companies similar to The Saraswat Co-operative Bank 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
ICICI Bank ₹1.8 Lakhs to ₹6.0 Lakhs per year
Bandhan Bank ₹1.7 Lakhs to ₹4.1 Lakhs per year
IndusInd Bank ₹1.5 Lakhs to ₹4.2 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 The Saraswat Co-operative Bank in India?
The salary growth for a Loan Officer at The Saraswat Co-operative Bank depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at The Saraswat Co-operative Bank:

Experience Average Salary Range
3 years ₹3.7 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.8 Lakhs to ₹7.0 Lakhs per year
5 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
6 years ₹3.5 Lakhs to ₹6.4 Lakhs per year
and so on.

Tell us how to improve this page.

The Saraswat Co-operative Bank Loan Officer salary in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.