Home > Salary > Bangladesh > Loan Servicing Representative
A loan servicing representative is responsible for managing the administrative tasks related to loan accounts. They ensure accurate and timely processing of loan payments, maintain customer records, and handle inquiries and concerns from borrowers. Their duties include updating loan information, generating statements, and resolving any issues that may arise during the loan repayment process. Loan servicing representatives also work closely with other departments such as collections, underwriting, and customer service to provide comprehensive support to borrowers. They must have strong communication skills to effectively interact with customers and provide excellent customer service. Attention to detail is crucial in this role, as loan servicing representatives need to accurately document loan transactions and maintain organized records. This occupation requires knowledge of loan products and regulations, as well as proficiency in using loan servicing software and systems.
Estimated Yearly Salary: 232,683 BDT
Estimated Monthly Salary: 19,390 BDT
Estimated Weekly Salary: 4,475 BDT per week
Estimated Hourly Salary: 112 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,742 BDT
Estimated Weekly Salary: 4,325 BDT per week
Estimated Hourly Salary: 108 BDT per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 1,980 USD
Estimated Monthly Salary: 165 USD
Estimated Weekly Salary: 38 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 232,683 BDT
Estimated Monthly Salary: 19,390 BDT
Estimated Weekly Salary: 4,475 BDT per week
Estimated Hourly Salary: 112 BDT per hour
By working as Loan Servicing Representative a person can save up to 52 USD per month or 626 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 Bangladesh, see costs of living in Bangladesh.
Estimated Yearly Salary for Loan Servicing Representative
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Repossessor (148,010 BDT per year, pre-tax.)
Loan Servicing Representative salary in Bangladesh
Average Yearly Salary of Loan Servicing Representative in Bangladesh is approximately 232,683 BDT (1,980 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 Servicing Representative do?
A loan servicing representative is responsible for managing the administrative tasks related to loan accounts. They ensure accurate and timely processing of loan payments, maintain customer records, and handle inquiries and concerns from borrowers. Their duties include updating loan information, generating statements, and resolving any issues that may arise during the loan repayment process. Loan servicing representatives also work closely with other departments such as collections, underwriting, and customer service to provide comprehensive support to borrowers. They must have strong communication skills to effectively interact with customers and provide excellent customer service. Attention to detail is crucial in this role, as loan servicing representatives need to accurately document loan transactions and maintain organized records. This occupation requires knowledge of loan products and regulations, as well as proficiency in using loan servicing software and systems.
Skills: Loan servicing, Customer service, Loan management, Financial services, Administrative support, Loan processing
Job industry: Finance
Job industry: Finance
How much does Loan Servicing Representative make?
Salary details
How much does Loan Servicing Representative make?Estimated Yearly Salary: 232,683 BDT
Estimated Monthly Salary: 19,390 BDT
Estimated Weekly Salary: 4,475 BDT per week
Estimated Hourly Salary: 112 BDT per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 224,908 BDTEstimated Monthly Salary: 18,742 BDT
Estimated Weekly Salary: 4,325 BDT per week
Estimated Hourly Salary: 108 BDT per hour
Last revision of data: 2024-01-03Loan Servicing Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,980 USD
Estimated Monthly Salary: 165 USD
Estimated Weekly Salary: 38 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Bangladesh, located in South Asia, is a densely populated country with a rich cultural heritage. It has a population of over 160 million people and covers an area of approximately 147,570 square kilometers. Despite being a relatively small country in terms of land area, Bangladesh is the eighth-most populous country in the world.
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Representative job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Loan Servicing Representative in Bangladesh earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Representative job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Loan Servicing Representative in Bangladesh earns on average:
0.76 times the average salary (or 76% of average salary).
Is Loan Servicing Representative a well paid job?
No, our data shows that Loan Servicing Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Servicing Representative might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Servicing Representative?
High salary for Loan Servicing Representative would be somewhere between 255,951 BDT and 337,390 BDT. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Representative in Bangladesh?
Living in Bangladesh the approximate monthly expenses are: 113 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: 232,683 BDT
Estimated Monthly Salary: 19,390 BDT
Estimated Weekly Salary: 4,475 BDT per week
Estimated Hourly Salary: 112 BDT per hour
By working as Loan Servicing Representative a person can save up to 52 USD per month or 626 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 Bangladesh, see costs of living in Bangladesh.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Myanmar (Burma), Bhutan. 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 Servicing Representative
India is 15,678 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Bangladesh
(3,468,551 BDT per year, pre-tax.)
2. Cardiologist
(2,899,173 BDT per year, pre-tax.)
(2,788,975 BDT per year, pre-tax.)
4. Neurosurgeon
(2,696,258 BDT per year, pre-tax.)
(2,693,113 BDT per year, pre-tax.)
6. Oncologist
(2,648,729 BDT per year, pre-tax.)
(2,648,146 BDT per year, pre-tax.)
(2,647,247 BDT per year, pre-tax.)
(2,646,613 BDT per year, pre-tax.)
10. Plastic surgeon
(2,640,498 BDT per year, pre-tax.)
Data as of 2025Random salary:
Faculty manager (384,444 BDT per year, pre-tax.)
Citrix administrator (395,928 BDT per year, pre-tax.)
Medical clinical laboratory technician (196,488 BDT per year, pre-tax.)
Wellness program administrator (268,056 BDT per year, pre-tax.)
Repossessor (148,010 BDT per year, pre-tax.)
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