Home > Salary > Egypt > Assistant Loan Officer
An assistant loan officer is responsible for supporting the loan officers in various tasks related to the loan application and approval process. They assist in gathering and verifying financial documents, conducting credit checks, and evaluating loan applications. Additionally, they may communicate with clients to clarify information, answer inquiries, and provide updates on the loan status. Assistant loan officers also assist in preparing loan packages, ensuring all necessary documentation is complete and accurate. They may be involved in coordinating loan closings, preparing loan agreements, and maintaining records of loan transactions. Attention to detail, strong organizational skills, and knowledge of lending regulations are essential for this role.
Estimated Yearly Salary: 88,557 EGP
Estimated Monthly Salary: 7,380 EGP
Estimated Weekly Salary: 1,703 EGP per week
Estimated Hourly Salary: 43 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,128 EGP
Estimated Weekly Salary: 1,645 EGP per week
Estimated Hourly Salary: 41 EGP per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 2,683 USD
Estimated Monthly Salary: 224 USD
Estimated Weekly Salary: 52 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: 88,557 EGP
Estimated Monthly Salary: 7,380 EGP
Estimated Weekly Salary: 1,703 EGP per week
Estimated Hourly Salary: 43 EGP per hour
By working as Assistant Loan Officer a person can save up to 60 USD per month or 715 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 Egypt, see costs of living in Egypt.
Estimated Yearly Salary for Assistant Loan Officer
Last revision of data: 2025-01-04
Data as of 2025
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Assistant Loan Officer salary in Egypt
Average Yearly Salary of Assistant Loan Officer in Egypt is approximately 88,557 EGP (2,683 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 Assistant Loan Officer do?
An assistant loan officer is responsible for supporting the loan officers in various tasks related to the loan application and approval process. They assist in gathering and verifying financial documents, conducting credit checks, and evaluating loan applications. Additionally, they may communicate with clients to clarify information, answer inquiries, and provide updates on the loan status. Assistant loan officers also assist in preparing loan packages, ensuring all necessary documentation is complete and accurate. They may be involved in coordinating loan closings, preparing loan agreements, and maintaining records of loan transactions. Attention to detail, strong organizational skills, and knowledge of lending regulations are essential for this role.
Skills: Loan processing, Financial analysis, Customer service, Loan documentation, Credit evaluation, Loan administration
Job industry: Banking
Job industry: Banking
How much does Assistant Loan Officer make?
Salary details
How much does Assistant Loan Officer make?Estimated Yearly Salary: 88,557 EGP
Estimated Monthly Salary: 7,380 EGP
Estimated Weekly Salary: 1,703 EGP per week
Estimated Hourly Salary: 43 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 85,536 EGPEstimated Monthly Salary: 7,128 EGP
Estimated Weekly Salary: 1,645 EGP per week
Estimated Hourly Salary: 41 EGP per hour
Last revision of data: 2024-01-06Assistant Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,683 USD
Estimated Monthly Salary: 224 USD
Estimated Weekly Salary: 52 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
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Salary comparison to National average
Egypt is a country located in northeastern Africa. It is bordered by the Mediterranean Sea to the north, Sudan to the south, Libya to the west, and Israel and the Red Sea to the east. With a population of over 100 million people, Egypt is the most populous country in the Arab world and the third most populous in Africa. The country covers an area of approximately 1,001,450 square kilometers, making it the 30th largest country in the world.
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Egypt.
Comparison shows that a person working as Assistant Loan Officer in Egypt earns on average:
0.7 times the average salary (or 70% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Egypt.
Comparison shows that a person working as Assistant Loan Officer in Egypt earns on average:
0.7 times the average salary (or 70% of average salary).
Is Assistant Loan Officer a well paid job?
No, our data shows that Assistant Loan Officer is typically not a well-paid job. The salary varies based on experience. Meaning that even though Assistant Loan Officer might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Assistant Loan Officer?
High salary for Assistant Loan Officer would be somewhere between 97,413 EGP and 128,408 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Assistant Loan Officer in Egypt?
Living in Egypt the approximate monthly expenses are: 164 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: 88,557 EGP
Estimated Monthly Salary: 7,380 EGP
Estimated Weekly Salary: 1,703 EGP per week
Estimated Hourly Salary: 43 EGP per hour
By working as Assistant Loan Officer a person can save up to 60 USD per month or 715 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 Egypt, see costs of living in Egypt.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sudan, Libya, Israel, Palestine, Jordan, Saudi Arabia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Assistant Loan Officer
Sudan is 496 USD
Israel is 35,746 USD
Jordan is 6,231 USD
Saudi Arabia is 18,045 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 Egypt
(1,412,052 EGP per year, pre-tax.)
2. Cardiologist
(1,175,406 EGP per year, pre-tax.)
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4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
(1,099,601 EGP per year, pre-tax.)
6. Oncologist
(1,077,110 EGP per year, pre-tax.)
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(1,071,663 EGP per year, pre-tax.)
Data as of 2025Random salary:
Corporate paralegal (172,557 EGP per year, pre-tax.)
Sql reports developer (209,722 EGP per year, pre-tax.)
Sample cutter (69,228 EGP per year, pre-tax.)
Pantry cook (59,159 EGP per year, pre-tax.)
Ophthalmic angiographer (81,190 EGP per year, pre-tax.)
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optisalary.com displays salary data solely for informational purposes. While we strive for accuracy, we do not guarantee the validity of all figures. Users must verify salary details with official sources before making career-related plans. Salary estimates may vary based on numerous elements, such as company size, negotiation tactics, and industry demand. We assume no responsibility for misinterpretations in the salary estimates provided. By accessing optisalary.com, you accept that salary data is not absolute.