Loan Officer Salary in Mumbai, Maharashtra

Average Salary: INR ₹287K

₹183K

20% Low Band Avg

INR ₹287K

Average

₹406K

80% High Band Avg

Bonus: 27K
Commission: 26K

Salaries based on experience level

INR ₹177K - 406K

₹280K/yr

Entry Level Experience

INR ₹290K - 650K

₹491K/yr

Mid Level Experience

INR ₹447K - 831K

₹639K/yr

Senior Level Experience

The Average Entry Level salary of Loan Officer in Mumbai, Maharashtra is INR ₹280K/yr, this salary increases 75% to ₹491K/yr when reach Mid Level Career.

From Mid to Senior Level the average salary increases 30% from ₹491K/yr to ₹639K/yr.

Salary Compared to India National Average Salary

INR ₹183K - 406K/yr

₹287K/yr +17%

INR ₹179K - 402K/yr

₹245K/yr

Loan Officer in Mumbai, Maharashtra Salary
vs
Loan Officer in India Salary

The Average Salary of Loan Officer in Mumbai, Maharashtra is ₹287K/yr. This is +17% higher (₹42,126) compared to India national average salary of ₹245K/yr.

Salary Compared to Mumbai City Average Salary

INR ₹183K - 406K/yr

287K/yr -65%

INR ₹555K - 1,284K/yr

841K/yr

Loan Officer in Mumbai, Maharashtra Salary
vs
Mumbai, Maharashtra City Average Salary

The Average Salary of Loan Officer in Mumbai, Maharashtra is -65% lower (-553,353) than the average salary for the city of Mumbai, Maharashtra ₹841K/yr.