Home > Salary > Iraq > Loan Assistant
A loan assistant is responsible for providing administrative support to loan officers and ensuring smooth operations within a lending institution. They assist in the loan application process by collecting and verifying financial information, preparing loan documents, and coordinating with clients to gather necessary documentation. Loan assistants also maintain loan files, update databases, and track the progress of loan applications. Additionally, they may communicate with customers to answer inquiries, resolve issues, and provide updates on loan status. Strong organizational skills, attention to detail, and knowledge of loan procedures are essential for this role. Loan assistants typically work in banks, credit unions, or other financial institutions.
Estimated Yearly Salary: 5,809,403 IQD
Estimated Monthly Salary: 484,117 IQD
Estimated Weekly Salary: 111,719 IQD per week
Estimated Hourly Salary: 2,793 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 468,436 IQD
Estimated Weekly Salary: 108,101 IQD per week
Estimated Hourly Salary: 2,703 IQD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 3,930 USD
Estimated Monthly Salary: 328 USD
Estimated Weekly Salary: 76 USD per week
Estimated Hourly Salary: 2 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: 5,809,403 IQD
Estimated Monthly Salary: 484,117 IQD
Estimated Weekly Salary: 111,719 IQD per week
Estimated Hourly Salary: 2,793 IQD per hour
By working as Loan Assistant a person can save up to 88 USD per month or 1,050 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Loan Assistant
Last revision of data: 2025-01-04
Data as of 2025
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Loan Assistant salary in Iraq
Average Yearly Salary of Loan Assistant in Iraq is approximately 5,809,403 IQD (3,930 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 Assistant do?
A loan assistant is responsible for providing administrative support to loan officers and ensuring smooth operations within a lending institution. They assist in the loan application process by collecting and verifying financial information, preparing loan documents, and coordinating with clients to gather necessary documentation. Loan assistants also maintain loan files, update databases, and track the progress of loan applications. Additionally, they may communicate with customers to answer inquiries, resolve issues, and provide updates on loan status. Strong organizational skills, attention to detail, and knowledge of loan procedures are essential for this role. Loan assistants typically work in banks, credit unions, or other financial institutions.
Skills: Loan Assistant, Administrative Support, Loan Application, Financial Documentation, Customer Service, Loan Processing.
Job industry: Banking
Job industry: Banking
How much does Loan Assistant make?
Salary details
How much does Loan Assistant make?Estimated Yearly Salary: 5,809,403 IQD
Estimated Monthly Salary: 484,117 IQD
Estimated Weekly Salary: 111,719 IQD per week
Estimated Hourly Salary: 2,793 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,621,226 IQDEstimated Monthly Salary: 468,436 IQD
Estimated Weekly Salary: 108,101 IQD per week
Estimated Hourly Salary: 2,703 IQD per hour
Last revision of data: 2024-01-03Loan Assistant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,930 USD
Estimated Monthly Salary: 328 USD
Estimated Weekly Salary: 76 USD per week
Estimated Hourly Salary: 2 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
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Assistant job salary compared to average salary in Iraq.
Comparison shows that a person working as Loan Assistant in Iraq earns on average:
0.71 times the average salary (or 71% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Assistant job salary compared to average salary in Iraq.
Comparison shows that a person working as Loan Assistant in Iraq earns on average:
0.71 times the average salary (or 71% of average salary).
Is Loan Assistant a well paid job?
No, our data shows that Loan Assistant is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Assistant might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Assistant?
High salary for Loan Assistant would be somewhere between 6,390,343 IQD and 8,423,634 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Assistant in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 5,809,403 IQD
Estimated Monthly Salary: 484,117 IQD
Estimated Weekly Salary: 111,719 IQD per week
Estimated Hourly Salary: 2,793 IQD per hour
By working as Loan Assistant a person can save up to 88 USD per month or 1,050 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. 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 Assistant
Iran is 5,149 USD
Jordan is 6,220 USD
Kuwait is 8,784 USD
Saudi Arabia is 18,069 USD
Syria is 2,402 USD
Turkey is 6,944 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Boilermaker pipe fitter (10,261,818 IQD per year, pre-tax.)
Assistant curator art museum (4,902,920 IQD per year, pre-tax.)
Yard operations manager (10,304,499 IQD per year, pre-tax.)
Bakery specialist (6,705,464 IQD per year, pre-tax.)
Lead hand inspecting and testing (5,621,226 IQD per year, pre-tax.)
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