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Loannote Teller salary in Ethiopia

Average Yearly Salary of Loannote Teller in Ethiopia is approximately 75,292 ETB (1,256 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 Loannote Teller do?

occupation personasA loan note teller is responsible for processing and managing loan notes for financial institutions. Their primary role involves accurately verifying and recording loan information, such as principal amounts, interest rates, repayment terms, and borrower details. They must ensure that all loan note documents are properly completed and comply with regulatory requirements. Loan note tellers work closely with loan officers and other banking professionals to gather necessary information and resolve any discrepancies or issues related to loan notes. They also maintain accurate records of loan transactions, update customer accounts, and generate reports as required. Attention to detail, strong organizational skills, and knowledge of loan processing procedures are essential in this role.

Skills: Loan note teller, Loan processing, Financial services, Banking, Loan documentation, Regulatory compliance
Job industry: Banking


How much does Loannote Teller make?

Salary details
How much does Loannote Teller make?
Estimated Yearly Salary: 75,292 ETB
Estimated Monthly Salary: 6,274 ETB
Estimated Weekly Salary: 1,448 ETB per week
Estimated Hourly Salary: 36 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 72,840 ETB
Estimated Monthly Salary: 6,070 ETB
Estimated Weekly Salary: 1,401 ETB per week
Estimated Hourly Salary: 35 ETB per hour
Last revision of data: 2024-01-08



Loannote Teller estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,256 USD
Estimated Monthly Salary: 105 USD
Estimated Weekly Salary: 24 USD per week
Estimated Hourly Salary: 1 USD per hour


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

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Salary comparison to National average

Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.

Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Loannote Teller job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Loannote Teller in Ethiopia earns on average:
0.72 times the average salary (or 72% of average salary).

Is Loannote Teller a well paid job?

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

What is considered a high salary for Loannote Teller?

High salary for Loannote Teller would be somewhere between 82,821 ETB and 109,173 ETB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loannote Teller in Ethiopia?

Living in Ethiopia the approximate monthly expenses are: 77 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: 75,292 ETB
Estimated Monthly Salary: 6,274 ETB
Estimated Weekly Salary: 1,448 ETB per week
Estimated Hourly Salary: 36 ETB per hour
By working as Loannote Teller a person can save up to 28 USD per month or 334 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 Ethiopia, see costs of living in Ethiopia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Loannote Teller

Sudan is 498 USDdown arrow 60%
Details on Loannote Teller salary in Sudan
Kenya is 3,931 USDup arrow 213%
Details on Loannote Teller salary in Kenya
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 Ethiopia

(1,198,707 ETB per year, pre-tax.)
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
(911,678 ETB per year, pre-tax.)

Data as of 2025

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loannote teller salary in ethiopia 2025
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The salary estimates on optisalary.com are meant for reference purposes only. We compile salary data from varied sources, but cannot guarantee absolute precision. Users must on their own confirm salaries before making career decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the validity of the listed salary data. By using this site, you agree that salary data is not definitive.