Average Loan Officer with Customer Service Skills Salary in India

Annual Base Salary - ₹2,96,800.00/year

The average annual salary of Loan Officer is ₹2,96,800.00

₹1,61,320.00
Low
₹2,96,800.00
Average
₹6,41,680.00
High

The starting salary of Loan Officer is between ₹1,37,122.00 and ₹1,61,320.00 whereas the maximum salary range is between ₹6,41,680.00 and ₹7,37,932.00.

Minimum Annual PayMaximum Annual Pay
₹1,37,122.00₹7,37,932.00
Bonus Range: Tooltip
₹2,180.00 - ₹1,67,400.00
₹2,180.00
₹7,37,932.00
Commission: Tooltip
₹0.00 - ₹1,31,250.00
₹0.00
₹7,37,932.00
Profit Sharing: Tooltip
₹10,400.00 - ₹2,28,800.00
₹10,400.00
₹7,37,932.00
  • Currency : INR
  • Annual Salary : ₹2,96,800.00
  • Weekly Pay : ₹5,385.00
  • Fortnightly Salary : ₹10,769.00
  • Monthly Salary : ₹23,333.00

Loan Officer Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Loan Officer. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Loan Officer compared to female. Their involvement is 66% while of female is only 34%.

Salary Distribution Based on Years of Experience

The line graph shows Loan Officer salary in India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Loan Officer having experience between 1-4 years, their salary is around ₹2,25,974.79.

Once the experience reaches 5-9 years Loan Officer salary would increase again to a total of ₹6,13,069.80, adding ₹3,87,095.01 from the last salary increase.

Prominent Skills Affecting Loan Officer Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Loan Officer's salary. It clearly highlights the skills needed for a post of Loan Officer when hired by an employer.

The most vital skill expected of Loan Officer is Banking which impacts the most than the rest of the skills indicated with a staggering 133% comparatively. Therefore, one’s salary would greatly depend on their skills in Banking.

The skill least likely to affect one’s pay would be Commercial Loans with 7%. It can be said that Commercial Loans skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Loan Officer. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹2,28,536.00 whereas the highest earning is ₹6,38,120.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₹6,38,120.00 at 115%. So to summerize, Early Career earns 23% less than the average salary, Mid Carrer earns 115% more than the average salary.

Job hunters also viewed these Salaries