Avg. Base Salary (INR)
The average salary for a Loan Officer is ₹260,516
What is the Pay by Experience Level for Loan Officers?
An entry-level Loan Officer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹197,134 based on 20 salaries. An early career Loan Officer with 1-4 years of experience earns an average total compensation of ₹237,751 based on 201 salaries. A mid-career …Read more
What Do Loan Officers Do?
A loan officer often works at a lending or financial institution. The loan officer will sometimes work with individual applicants or companies, depending on the position. Customer service is important, so that the client feels at ease and chooses the company for their loan needs on an ongoing basis. In some jobs, the loan officer will have sales goals that need to be attained.
It may sometimes be necessary to reach out to current and new clients to fulfill their loan needs. This may include …Read more