Home > Salary > India > Lending Officer
A lending officer is a financial professional who works in banks, credit unions, or other financial institutions. Their primary responsibility is to evaluate loan applications and determine the creditworthiness of borrowers. Lending officers assess the financial background of applicants, including their income, employment history, credit score, and debt-to-income ratio. They analyze this information to decide whether to approve or deny loan requests, and if approved, they determine the loan amount, interest rate, and repayment terms. Lending officers also guide clients through the loan application process, explaining the various options available and helping them choose the most suitable loan product. Additionally, they may assist with refinancing existing loans or restructuring payment plans. Strong analytical skills, attention to detail, and knowledge of lending regulations are essential for this role.
Estimated Yearly Salary: 2,356,234 INR
Estimated Monthly Salary: 196,353 INR
Estimated Weekly Salary: 45,312 INR per week
Estimated Hourly Salary: 1,133 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 190,275 INR
Estimated Weekly Salary: 43,910 INR per week
Estimated Hourly Salary: 1,098 INR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 26,273 USD
Estimated Monthly Salary: 2,189 USD
Estimated Weekly Salary: 505 USD per week
Estimated Hourly Salary: 13 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: 2,356,234 INR
Estimated Monthly Salary: 196,353 INR
Estimated Weekly Salary: 45,312 INR per week
Estimated Hourly Salary: 1,133 INR per hour
By working as Lending Officer a person can save up to 1,294 USD per month or 15,531 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 India, see costs of living in India.
Estimated Yearly Salary for Lending Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Specialist risk management risk control (2,060,606 INR per year, pre-tax.)
Private equity analyst (2,258,041 INR per year, pre-tax.)
Crm project manager (2,183,942 INR per year, pre-tax.)
Business teacher postsecondary (1,291,943 INR per year, pre-tax.)
Academic director (1,913,435 INR per year, pre-tax.)
Lending Officer salary in India
Average Yearly Salary of Lending Officer in India is approximately 2,356,234 INR (26,273 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 Lending Officer do?
A lending officer is a financial professional who works in banks, credit unions, or other financial institutions. Their primary responsibility is to evaluate loan applications and determine the creditworthiness of borrowers. Lending officers assess the financial background of applicants, including their income, employment history, credit score, and debt-to-income ratio. They analyze this information to decide whether to approve or deny loan requests, and if approved, they determine the loan amount, interest rate, and repayment terms. Lending officers also guide clients through the loan application process, explaining the various options available and helping them choose the most suitable loan product. Additionally, they may assist with refinancing existing loans or restructuring payment plans. Strong analytical skills, attention to detail, and knowledge of lending regulations are essential for this role.
Skills: Lending officer, Credit analysis, Loan evaluation, Financial institution, Loan processing, Creditworthiness
Job industry: Banking
Job industry: Banking
How much does Lending Officer make?
Salary details
How much does Lending Officer make?Estimated Yearly Salary: 2,356,234 INR
Estimated Monthly Salary: 196,353 INR
Estimated Weekly Salary: 45,312 INR per week
Estimated Hourly Salary: 1,133 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,283,300 INREstimated Monthly Salary: 190,275 INR
Estimated Weekly Salary: 43,910 INR per week
Estimated Hourly Salary: 1,098 INR per hour
Last revision of data: 2024-01-08Lending Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 26,273 USD
Estimated Monthly Salary: 2,189 USD
Estimated Weekly Salary: 505 USD per week
Estimated Hourly Salary: 13 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Lending Officer job salary compared to average salary in India.
Comparison shows that a person working as Lending Officer in India earns on average:
1.27 times the average salary (or 127% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Lending Officer job salary compared to average salary in India.
Comparison shows that a person working as Lending Officer in India earns on average:
1.27 times the average salary (or 127% of average salary).
Is Lending Officer a well paid job?
Yes, our data shows that Lending Officer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Lending Officer?
High salary for Lending Officer would be somewhere between 2,591,857 INR and 3,416,539 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Lending Officer in India?
Living in India the approximate monthly expenses are: 895 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: 2,356,234 INR
Estimated Monthly Salary: 196,353 INR
Estimated Weekly Salary: 45,312 INR per week
Estimated Hourly Salary: 1,133 INR per hour
By working as Lending Officer a person can save up to 1,294 USD per month or 15,531 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Lending Officer
Pakistan is 1,855 USD
China is 15,058 USD
Nepal is 8,591 USD
Bangladesh is 3,298 USD
Afghanistan is 7,016 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 India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Specialist risk management risk control (2,060,606 INR per year, pre-tax.)
Private equity analyst (2,258,041 INR per year, pre-tax.)
Crm project manager (2,183,942 INR per year, pre-tax.)
Business teacher postsecondary (1,291,943 INR per year, pre-tax.)
Academic director (1,913,435 INR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=india&job=lending-officer'><img src='https://optisalary.com/wp-content/graphs/salary/lending-officer-salary-in-india-2025.jpg' alt='lending officer salary in india 2025' title='lending officer salary in india 2025' /></a>
Please note:This website offers salary insights for educational purposes only.
Salary details presented on optisalary.com are meant for reference purposes only. Our data is sourced through multiple inputs and may not always be accurate. Users should verify salary information through other means before making employment decisions. The figures listed here may change due to factors such as company policies, experience levels, and demand shifts. We cannot warrant that the data provided is flawless. By using optisalary.com, you accept that salary information is offered 'as is' and without assurances.
The salary data on this site is designed for reference purposes only. We offer salary insights derived from multiple sources, but cannot guarantee complete accuracy. Users should always verify salary details with other trusted sources before making financial decisions. Variations in salary figures may arise due to various circumstances, including company policies, market demand, and individual skills. We do not extend any guarantee regarding the completeness of the displayed salary information. Use of optisalary.com implies acceptance of these terms.