Home > Salary > Iran > Commercial Loan Processor
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Estimated Yearly Salary: 282,289,480 IRR
Estimated Monthly Salary: 23,524,123 IRR
Estimated Weekly Salary: 5,428,644 IRR per week
Estimated Hourly Salary: 135,716 IRR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 22,796,483 IRR
Estimated Weekly Salary: 5,260,727 IRR per week
Estimated Hourly Salary: 131,518 IRR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 6,130 USD
Estimated Monthly Salary: 511 USD
Estimated Weekly Salary: 118 USD per week
Estimated Hourly Salary: 3 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: 282,289,480 IRR
Estimated Monthly Salary: 23,524,123 IRR
Estimated Weekly Salary: 5,428,644 IRR per week
Estimated Hourly Salary: 135,716 IRR per hour
By working as Commercial Loan Processor a person can save up to 195 USD per month or 2,338 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 Iran, see costs of living in Iran.
Estimated Yearly Salary for Commercial Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Loan Processor salary in Iran
Average Yearly Salary of Commercial Loan Processor in Iran is approximately 282,289,480 IRR (6,130 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 Commercial Loan Processor do?
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Skills: commercial loan processor, loan application, financial documentation, credit analysis, loan package preparation, regulatory compliance.
Job industry: Banking
Job industry: Banking
How much does Commercial Loan Processor make?
Salary details
How much does Commercial Loan Processor make?Estimated Yearly Salary: 282,289,480 IRR
Estimated Monthly Salary: 23,524,123 IRR
Estimated Weekly Salary: 5,428,644 IRR per week
Estimated Hourly Salary: 135,716 IRR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 273,557,796 IRREstimated Monthly Salary: 22,796,483 IRR
Estimated Weekly Salary: 5,260,727 IRR per week
Estimated Hourly Salary: 131,518 IRR per hour
Last revision of data: 2024-01-08Commercial Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,130 USD
Estimated Monthly Salary: 511 USD
Estimated Weekly Salary: 118 USD per week
Estimated Hourly Salary: 3 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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Country:
Salary comparison to National average
Iran, officially known as the Islamic Republic of Iran, is a country located in Western Asia. It has a population of approximately 83 million people, making it the 18th most populous country in the world. Iran covers an area of about 1,648,195 square kilometers, which makes it the 17th largest country globally.
Estimated national average yearly salary is 333,672,300 IRR (7,900 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Iran.
Comparison shows that a person working as Commercial Loan Processor in Iran earns on average:
0.85 times the average salary (or 85% of average salary).
Estimated national average yearly salary is 333,672,300 IRR (7,900 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Iran.
Comparison shows that a person working as Commercial Loan Processor in Iran earns on average:
0.85 times the average salary (or 85% of average salary).
Is Commercial Loan Processor a well paid job?
Yes, our data show that Commercial Loan Processor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Commercial Loan Processor?
High salary for Commercial Loan Processor would be somewhere between 310,518,428 IRR and 409,319,746 IRR. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Loan Processor in Iran?
Living in Iran the approximate monthly expenses are: 316 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: 282,289,480 IRR
Estimated Monthly Salary: 23,524,123 IRR
Estimated Weekly Salary: 5,428,644 IRR per week
Estimated Hourly Salary: 135,716 IRR per hour
By working as Commercial Loan Processor a person can save up to 195 USD per month or 2,338 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 Iran, see costs of living in Iran.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Turkey, Iraq, Azerbaijan, Turkmenistan, Afghanistan, Pakistan, Armenia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Commercial Loan Processor
Turkey is 8,215 USD
Iraq is 4,675 USD
Afghanistan is 4,684 USD
Pakistan is 1,229 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 Iran
(3,796,144,787 IRR per year, pre-tax.)
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Data as of 2025Random salary:
Registered nurse (rn) (333,161,114 IRR per year, pre-tax.)
Personnel clerk (183,519,765 IRR per year, pre-tax.)
Army staff sergeant infantry (light infantry) (368,197,600 IRR per year, pre-tax.)
Sap security analyst (602,591,382 IRR per year, pre-tax.)
It help desk lead (368,134,121 IRR per year, pre-tax.)
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