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Loan Collector salary in Bahrain

Average Yearly Salary of Loan Collector in Bahrain is approximately 37,556 BHD (12,474 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Loan Collector do?

occupation personasA loan collector is responsible for managing and collecting overdue debts from borrowers. They work for banks, financial institutions, or debt collection agencies. The primary role of a loan collector is to contact borrowers who have defaulted on their loan payments and negotiate repayment plans. They use various communication methods such as phone calls, emails, and letters to reach out to borrowers and discuss their outstanding debts. Loan collectors also investigate the reasons behind late payments and provide solutions to help borrowers meet their obligations.

Skills: Loan Collector, Debt Collection, Financial Services, Credit Management, Negotiation Skills, Customer Relations
Job industry: Finance


How much does Loan Collector make?

Salary details
How much does Loan Collector make?
Estimated Yearly Salary: 37,556 BHD
Estimated Monthly Salary: 3,130 BHD
Estimated Weekly Salary: 722 BHD per week
Estimated Hourly Salary: 18 BHD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 36,210 BHD
Estimated Monthly Salary: 3,018 BHD
Estimated Weekly Salary: 696 BHD per week
Estimated Hourly Salary: 17 BHD per hour
Last revision of data: 2024-01-05



Loan Collector estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 12,474 USD
Estimated Monthly Salary: 1,040 USD
Estimated Weekly Salary: 240 USD per week
Estimated Hourly Salary: 6 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Bahrain is a small island country located in the Persian Gulf. It has a population of approximately 1.7 million people and covers an area of about 765 square kilometers. The country is known for its diverse population, with Bahrainis making up the majority, along with expatriates from various countries.

Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector job salary compared to average salary in Bahrain.
Comparison shows that a person working as Loan Collector in Bahrain earns on average:
0.79 times the average salary (or 79% of average salary).

Is Loan Collector a well paid job?

No, our data shows that Loan Collector is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Collector might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Loan Collector?

High salary for Loan Collector would be somewhere between 41,312 BHD and 54,456 BHD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Collector in Bahrain?

Living in Bahrain the approximate monthly expenses are: 714 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 37,556 BHD
Estimated Monthly Salary: 3,130 BHD
Estimated Weekly Salary: 722 BHD per week
Estimated Hourly Salary: 18 BHD per hour
By working as Loan Collector a person can save up to 325 USD per month or 3,901 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Bahrain, see costs of living in Bahrain.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Qatar, United Arab Emirates, Iran.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Loan Collector

Saudi Arabia is 19,232 USDup arrow 54%
Details on Loan Collector salary in Saudi Arabia
Qatar is 49,279 USDup arrow 295%
Details on Loan Collector salary in Qatar
United Arab Emirates is 34,252 USDup arrow 175%
Details on Loan Collector salary in United Arab Emirates
Iran is 5,541 USDdown arrow 56%
Details on Loan Collector salary in Iran
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Bahrain

(558,713 BHD per year, pre-tax.)
(465,639 BHD per year, pre-tax.)
(451,143 BHD per year, pre-tax.)
(434,438 BHD per year, pre-tax.)
(434,281 BHD per year, pre-tax.)
(426,541 BHD per year, pre-tax.)
(426,427 BHD per year, pre-tax.)
(425,832 BHD per year, pre-tax.)
(425,216 BHD per year, pre-tax.)
(425,203 BHD per year, pre-tax.)

Data as of 2025

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The salary figures presented here are intended for informational purposes solely.
optisalary.com compiles salary data for educational use only. While we endeavor to deliver correct estimates, we do not warrant their absolute reliability. Users are highly advised to consult other sources before making financial decisions. Salary amounts vary based on several factors, such as location, job role, and individual qualifications. We do not offer any guarantees as to the correctness of the listed data. Your access of this site indicates acceptance of this notice.
Salary information displayed on this site is for reference only. Our figures come from various inputs, but we cannot guarantee absolute correctness. Users should always verify salary details with official resources before making financial decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no assurances about the validity of the provided salary data. By continuing to use this site, you agree these limitations.