The average pay for a Loan Officer is Rs 220,363 per year. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay. Most people with this job move on to other positions after 10 years in this field.

Rs 123,407 - Rs 590,923
(Median)
Rs 120K
Rs 220K
Rs 590K
MEDIAN: Rs 220,363
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
Rs 0Rs 200KRs 400KRs 600K
Salary
Rs 123,407 - Rs 590,923  
   
Bonus
Rs 4,122 - Rs 116,351  
Profit Sharing
Rs 0.00 - Rs 92,738  
Commission
Rs 45,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 128,808 - Rs 598,666  
Country: India | Currency: INR | Updated: 27 Oct 2016 | Individuals Reporting: 130
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Experience Affects Loan Officer Salaries

Mid-Career
up arrow 22%

Experienced
up arrow 17%

National Average
Rs 241,000


Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
4%
1-4 years
67%
5-9 years
19%
10-19 years
9%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 13%
medical benefits
Vision: 11%
dental benefits
None: 18%
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