Home > Salary > Malaysia > Loan Collector
A loan collector is responsible for managing and collecting overdue debts from borrowers. They work for banks, financial institutions, or debt collection agencies. The primary role of a loan collector is to contact borrowers who have defaulted on their loan payments and negotiate repayment plans. They use various communication methods such as phone calls, emails, and letters to reach out to borrowers and discuss their outstanding debts. Loan collectors also investigate the reasons behind late payments and provide solutions to help borrowers meet their obligations.
Estimated Yearly Salary: 62,342 MYR
Estimated Monthly Salary: 5,195 MYR
Estimated Weekly Salary: 1,199 MYR per week
Estimated Hourly Salary: 30 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,007 MYR
Estimated Weekly Salary: 1,155 MYR per week
Estimated Hourly Salary: 29 MYR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 12,402 USD
Estimated Monthly Salary: 1,034 USD
Estimated Weekly Salary: 239 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 62,342 MYR
Estimated Monthly Salary: 5,195 MYR
Estimated Weekly Salary: 1,199 MYR per week
Estimated Hourly Salary: 30 MYR per hour
By working as Loan Collector a person can save up to 322 USD per month or 3,868 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 Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Loan Collector
Last revision of data: 2025-01-04
Data as of 2025
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Loan Collector salary in Malaysia
Average Yearly Salary of Loan Collector in Malaysia is approximately 62,342 MYR (12,402 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 Collector do?
A loan collector is responsible for managing and collecting overdue debts from borrowers. They work for banks, financial institutions, or debt collection agencies. The primary role of a loan collector is to contact borrowers who have defaulted on their loan payments and negotiate repayment plans. They use various communication methods such as phone calls, emails, and letters to reach out to borrowers and discuss their outstanding debts. Loan collectors also investigate the reasons behind late payments and provide solutions to help borrowers meet their obligations.
Skills: Loan Collector, Debt Collection, Financial Services, Credit Management, Negotiation Skills, Customer Relations
Job industry: Finance
Job industry: Finance
How much does Loan Collector make?
Salary details
How much does Loan Collector make?Estimated Yearly Salary: 62,342 MYR
Estimated Monthly Salary: 5,195 MYR
Estimated Weekly Salary: 1,199 MYR per week
Estimated Hourly Salary: 30 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 60,080 MYREstimated Monthly Salary: 5,007 MYR
Estimated Weekly Salary: 1,155 MYR per week
Estimated Hourly Salary: 29 MYR per hour
Last revision of data: 2024-01-09Loan Collector estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,402 USD
Estimated Monthly Salary: 1,034 USD
Estimated Weekly Salary: 239 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Salary comparison to National average
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector job salary compared to average salary in Malaysia.
Comparison shows that a person working as Loan Collector in Malaysia earns on average:
0.8 times the average salary (or 80% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector job salary compared to average salary in Malaysia.
Comparison shows that a person working as Loan Collector in Malaysia earns on average:
0.8 times the average salary (or 80% of average salary).
Is Loan Collector a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Loan Collector?
High salary for Loan Collector would be somewhere between 68,576 MYR and 90,396 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Collector in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 62,342 MYR
Estimated Monthly Salary: 5,195 MYR
Estimated Weekly Salary: 1,199 MYR per week
Estimated Hourly Salary: 30 MYR per hour
By working as Loan Collector a person can save up to 322 USD per month or 3,868 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. 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 Collector
Thailand is 5,068 USD
Indonesia is 7,426 USD
Singapore is 46,954 USD
Brunei is 21,897 USD
Vietnam is 2,810 USD
Philippines is 2,754 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 Malaysia
(927,752 MYR per year, pre-tax.)
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5. Neurosurgeon
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6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
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10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Media buyer broadcast (72,780 MYR per year, pre-tax.)
Automobile detailer (30,426 MYR per year, pre-tax.)
Sterilization technician (35,268 MYR per year, pre-tax.)
Project manager web (80,908 MYR per year, pre-tax.)
Copy center supervisor (45,545 MYR per year, pre-tax.)
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