Vedika Credit Capital Loan Officer Salaries by 7 Employees

0 - 5 years exp.

₹1.2 Lakh - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Loan Officer Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Officer Salary 3 years exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.2 L/yr
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Finance & Accounting Loan Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.5 L/yr

Last Updated: 11 Mar 2023

Companies similar to Vedika Credit Capital for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹1.3 L/yr - ₹3 L/yr 66% more
HDFC Bank Loan Officer Salary 0 - 5 years exp. (107 salaries)	₹1.2 L/yr - ₹5 L/yr 94% more
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ICICI Bank Loan Officer Salary 1 - 8 years exp. (23 salaries)	₹1.8 L/yr - ₹6 L/yr 91% more
Axis Bank Loan Officer Salary 0 - 5 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 38% more	3 job openings
Kotak Mahindra Bank Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹2 L/yr - ₹3 L/yr 62% more
Tata Capital Loan Officer Salary 0 - 5 years exp. (77 salaries)	₹2.1 L/yr - ₹3.5 L/yr 91% more	58 job openings
L&T Finance Loan Officer Salary 0 - 3 years exp. (21 salaries)	₹1.5 L/yr - ₹2.8 L/yr 51% more
Shriram Finance Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 87% more
Capri Global Capital Loan Officer Salary 1 - 4 years exp. (45 salaries)	₹2 L/yr - ₹3.6 L/yr 68% more
IIFL Finance Loan Officer Salary 1 - 6 years exp. (13 salaries)	₹1.8 L/yr - ₹3.7 L/yr 102% more
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 87% more
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Kotak Mahindra Prime Loan Officer Salary 1 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 61% more
Electronica Finance Loan Officer Salary 3 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 60% more
Aavas Financiers Loan Officer Salary 3 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 94% more
Capital Trust Loan Officer Salary 2 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹4 L/yr 119% more
PNB Housing Finance Loan Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 55% more
Tata Capital Housing Finance Loan Officer Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 135% more

Loan Officer salary at Vedika Credit Capital ranges between ₹1.2 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Vedika Credit Capital.

Experience wise Vedika Credit Capital Loan Officer salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹0.6 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.8 L/yr

View all

Similar Designation salaries in Vedika Credit Capital

Sales Officer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Collection Officer Salary

(3 salaries)

₹1.85 L/yr - ₹2 L/yr

Branch Manager Salary

(47 salaries)

₹2.1 L/yr - ₹4.14 L/yr

Team Lead Salary

(5 salaries)

₹1.8 L/yr - ₹3 L/yr

Relationship Officer Salary

(4 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Accountant Salary

(4 salaries)

₹1 L/yr - ₹3.35 L/yr

Finance Executive Salary

(6 salaries)

₹1.2 L/yr - ₹2.64 L/yr

Sales Executive Salary

(4 salaries)

₹1.4 L/yr - ₹2 L/yr

Top skills at Vedika Credit Capital for Loan Officer

Finance Social Media Networking Cold Calling Market Research media sales Sales

Salary related reviews for Vedika Credit Capital

3.1

Rated by 8 employees for salary & benefits

Loan Officer in Banda Uttar Pradesh

Sales & Business Development Department

5.0

• posted on 01 Oct 2021

5.0

for Salary and Benefits

Likes

That Job giving me a very experience to face people questions, positive attitude, soft behaviour with customers.....

Salary - Excellent

+3 more

Dislikes

Company giving me Job on role but after sometime that company giving salary in contact base...this is not fair... heavy dedication in my salary after sometime..last time I realised that company is not gentlemanship....so I resign.

Branch Manager in Godda

BFSI, Investments & Trading Department

4.0

• posted on 15 May 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is slow.

Area Collection Manager in Kishanganj

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Aug 2024

1.0

for Salary and Benefits

Likes

Worst place to work cause ur seniors are lazy and with terrible work force

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is good but carrer growth is slow and spoilers ur carrer path

Salary - Bad

+6 more

Collection Supervisor in Ranchi

Banking & Finance Department

4.0

• posted on 01 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.company policies are good.

Salary - Good

+6 more

Dislikes

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

Executive/Sr Executive - Facility Management in Ranchi

Finance Collection Department

1.0

• posted on 07 Aug 2020

1.0

for Salary and Benefits

Likes

No support only force to work hard to EMI collection in period of lockdown. Overall totally worsted experience with Vedika.

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is your only pocket money.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Vedika Credit Capital Loan Officer Salary FAQs

What is the salary of Loan Officer at Vedika Credit Capital ?

The average salary of a Loan Officer at Vedika Credit Capital in India typically ranges from ₹1.2 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Loan Officer at Vedika Credit Capital earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Loan Officer Salaries at Vedika Credit Capital 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 7 Vedika Credit Capital employees in India.

What is the estimated take home salary of a Loan Officer at Vedika Credit Capital in India?

The estimated take-home salary of a Loan Officer at Vedika Credit Capital in India typically ranges from ₹10,429 to ₹11,546 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 5 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 7 salaries received from various employees of Vedika Credit Capital. 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 Vedika Credit Capital ?

To be a Loan Officer at Vedika Credit Capital in india, the key skills required include:

- Finance
- Social Media
- Networking
- Cold Calling
- Market Research

These skills are highly valued at Vedika Credit Capital and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Vedika Credit Capital for Loan Officer in India?

Tata Capital Housing Finance	₹3.5 Lakhs to ₹3.7 Lakhs per year
Capital Trust	₹2.1 Lakhs to ₹4.0 Lakhs per year
IIFL Finance	₹1.8 Lakhs to ₹3.7 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹5.0 Lakhs per year
Aavas Financiers	₹2.6 Lakhs to ₹3.3 Lakhs per year

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

What is the salary of a Loan Officer in companies similar to Vedika Credit Capital in India?

The salary of a Loan Officer at companies similar to Vedika Credit Capital in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital	₹2.1 Lakhs to ₹3.5 Lakhs per year
ICICI Bank	₹1.8 Lakhs to ₹6.0 Lakhs per year
Sammaan Capital Limited	₹1.5 Lakhs to ₹6.0 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹4.0 Lakhs per year
Capri Global Capital	₹2.0 Lakhs to ₹3.6 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 Vedika Credit Capital in India?

The salary growth for a Loan Officer at Vedika Credit Capital depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at Vedika Credit Capital:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹2.8 Lakhs per year
1 year	₹0.6 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.4 Lakhs to ₹2.8 Lakhs per year
3 years	₹1.1 Lakhs to ₹2.2 Lakhs per year

and so on.

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Vedika Credit Capital Loan Officer Salaries

Vedika Credit Capital Loan Officer salary in India ranges between ₹1.2 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Vedika Credit Capital latest salaries received from various employees of Vedika Credit Capital.