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Loan Servicing Representative salary in Iran

Average Yearly Salary of Loan Servicing Representative in Iran is approximately 254,172,600 IRR (5,528 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 Representative do?

occupation personasA loan servicing representative is responsible for managing the administrative tasks related to loan accounts. They ensure accurate and timely processing of loan payments, maintain customer records, and handle inquiries and concerns from borrowers. Their duties include updating loan information, generating statements, and resolving any issues that may arise during the loan repayment process. Loan servicing representatives also work closely with other departments such as collections, underwriting, and customer service to provide comprehensive support to borrowers. They must have strong communication skills to effectively interact with customers and provide excellent customer service. Attention to detail is crucial in this role, as loan servicing representatives need to accurately document loan transactions and maintain organized records. This occupation requires knowledge of loan products and regulations, as well as proficiency in using loan servicing software and systems.

Skills: Loan servicing, Customer service, Loan management, Financial services, Administrative support, Loan processing
Job industry: Finance


How much does Loan Servicing Representative make?

Salary details
How much does Loan Servicing Representative make?
Estimated Yearly Salary: 254,172,600 IRR
Estimated Monthly Salary: 21,181,050 IRR
Estimated Weekly Salary: 4,887,935 IRR per week
Estimated Hourly Salary: 122,198 IRR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 245,796,882 IRR
Estimated Monthly Salary: 20,483,074 IRR
Estimated Weekly Salary: 4,726,863 IRR per week
Estimated Hourly Salary: 118,172 IRR per hour
Last revision of data: 2024-01-06



Loan Servicing Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,528 USD
Estimated Monthly Salary: 461 USD
Estimated Weekly Salary: 106 USD per week
Estimated Hourly Salary: 3 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

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 Loan Servicing Representative job salary compared to average salary in Iran.
Comparison shows that a person working as Loan Servicing Representative in Iran earns on average:
0.76 times the average salary (or 76% of average salary).

Is Loan Servicing Representative a well paid job?

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

What is considered a high salary for Loan Servicing Representative?

High salary for Loan Servicing Representative would be somewhere between 279,589,860 IRR and 368,550,270 IRR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Servicing Representative 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: 254,172,600 IRR
Estimated Monthly Salary: 21,181,050 IRR
Estimated Weekly Salary: 4,887,935 IRR per week
Estimated Hourly Salary: 122,198 IRR per hour
By working as Loan Servicing Representative a person can save up to 145 USD per month or 1,736 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 Loan Servicing Representative

Turkey is 7,391 USDup arrow 34%
Details on Loan Servicing Representative salary in Turkey
Iraq is 4,204 USDdown arrow 24%
Details on Loan Servicing Representative salary in Iraq
Afghanistan is 4,203 USDdown arrow 24%
Details on Loan Servicing Representative salary in Afghanistan
Pakistan is 1,102 USDdown arrow 80%
Details on Loan Servicing Representative salary in Pakistan
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 Iran

(3,796,144,787 IRR per year, pre-tax.)
(3,168,487,016 IRR per year, pre-tax.)
(3,055,578,732 IRR per year, pre-tax.)
(2,951,639,598 IRR per year, pre-tax.)
(2,942,950,791 IRR per year, pre-tax.)
(2,890,934,959 IRR per year, pre-tax.)
(2,878,471,047 IRR per year, pre-tax.)
(2,875,455,391 IRR per year, pre-tax.)
(2,874,763,703 IRR per year, pre-tax.)
(2,874,685,890 IRR per year, pre-tax.)

Data as of 2025

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