Home > Salary > Bangladesh > Loan Servicing Specialist
A loan servicing specialist is responsible for managing and overseeing the repayment process of loans. They work in financial institutions, such as banks or mortgage companies, and act as a liaison between borrowers and lenders. Their main duties include processing loan payments, maintaining accurate records of loan transactions, and ensuring compliance with loan terms and regulations. Loan servicing specialists also handle customer inquiries, resolve any issues or disputes related to loan payments, and assist with loan modifications or refinancing requests. They must have a strong understanding of loan products, financial regulations, and excellent communication skills to effectively communicate with borrowers and provide them with accurate information.
Estimated Yearly Salary: 247,847 BDT
Estimated Monthly Salary: 20,654 BDT
Estimated Weekly Salary: 4,766 BDT per week
Estimated Hourly Salary: 119 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,952 BDT
Estimated Weekly Salary: 4,604 BDT per week
Estimated Hourly Salary: 115 BDT per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 2,103 USD
Estimated Monthly Salary: 175 USD
Estimated Weekly Salary: 40 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 247,847 BDT
Estimated Monthly Salary: 20,654 BDT
Estimated Weekly Salary: 4,766 BDT per week
Estimated Hourly Salary: 119 BDT per hour
By working as Loan Servicing Specialist a person can save up to 62 USD per month or 749 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 Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Loan Servicing Specialist salary in Bangladesh
Average Yearly Salary of Loan Servicing Specialist in Bangladesh is approximately 247,847 BDT (2,103 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 Specialist do?
A loan servicing specialist is responsible for managing and overseeing the repayment process of loans. They work in financial institutions, such as banks or mortgage companies, and act as a liaison between borrowers and lenders. Their main duties include processing loan payments, maintaining accurate records of loan transactions, and ensuring compliance with loan terms and regulations. Loan servicing specialists also handle customer inquiries, resolve any issues or disputes related to loan payments, and assist with loan modifications or refinancing requests. They must have a strong understanding of loan products, financial regulations, and excellent communication skills to effectively communicate with borrowers and provide them with accurate information.
Skills: loan servicing, financial institution, loan repayment, customer service, loan management, compliance.
Job industry: Finance
Job industry: Finance
How much does Loan Servicing Specialist make?
Salary details
How much does Loan Servicing Specialist make?Estimated Yearly Salary: 247,847 BDT
Estimated Monthly Salary: 20,654 BDT
Estimated Weekly Salary: 4,766 BDT per week
Estimated Hourly Salary: 119 BDT per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 239,422 BDTEstimated Monthly Salary: 19,952 BDT
Estimated Weekly Salary: 4,604 BDT per week
Estimated Hourly Salary: 115 BDT per hour
Last revision of data: 2024-01-02Loan Servicing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,103 USD
Estimated Monthly Salary: 175 USD
Estimated Weekly Salary: 40 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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 Specialist job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Loan Servicing Specialist in Bangladesh earns on average:
0.81 times the average salary (or 81% 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 Specialist job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Loan Servicing Specialist in Bangladesh earns on average:
0.81 times the average salary (or 81% of average salary).
Is Loan Servicing Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Loan Servicing Specialist?
High salary for Loan Servicing Specialist would be somewhere between 272,632 BDT and 359,378 BDT. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Specialist 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: 247,847 BDT
Estimated Monthly Salary: 20,654 BDT
Estimated Weekly Salary: 4,766 BDT per week
Estimated Hourly Salary: 119 BDT per hour
By working as Loan Servicing Specialist a person can save up to 62 USD per month or 749 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 Specialist
India is 16,614 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:
Turret punch press operator (224,908 BDT per year, pre-tax.)
Recruiting specialist (283,284 BDT per year, pre-tax.)
Police sergeant (465,209 BDT per year, pre-tax.)
Human resources information systems (hris), director (931,724 BDT per year, pre-tax.)
Glassblower (259,311 BDT per year, pre-tax.)
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