Home > Salary > Qatar > Loan Officer
A loan officer is responsible for evaluating, approving, and managing loan applications. They work in banks, credit unions, or other financial institutions. Their primary role is to assess the creditworthiness of applicants, analyze financial information, and determine the risk associated with granting a loan. Loan officers also guide applicants through the loan process, explaining terms and conditions, and ensuring compliance with lending regulations. They must possess strong communication and interpersonal skills to build relationships with clients and provide exceptional customer service. Additionally, loan officers monitor loan portfolios, review payment schedules, and address any issues or concerns that may arise during the loan term.
Estimated Yearly Salary: 273,836 QAR
Estimated Monthly Salary: 22,820 QAR
Estimated Weekly Salary: 5,266 QAR per week
Estimated Hourly Salary: 132 QAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 22,029 QAR
Estimated Weekly Salary: 5,084 QAR per week
Estimated Hourly Salary: 127 QAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 68,168 USD
Estimated Monthly Salary: 5,681 USD
Estimated Weekly Salary: 1,311 USD per week
Estimated Hourly Salary: 33 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: 273,836 QAR
Estimated Monthly Salary: 22,820 QAR
Estimated Weekly Salary: 5,266 QAR per week
Estimated Hourly Salary: 132 QAR per hour
By working as Loan Officer a person can save up to 2,861 USD per month or 34,328 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 Qatar, see costs of living in Qatar.
Estimated Yearly Salary for Loan Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Access database administrator (338,738 QAR per year, pre-tax.)
Audiovisual manager (300,245 QAR per year, pre-tax.)
Field sales executive (282,282 QAR per year, pre-tax.)
Dj (322,748 QAR per year, pre-tax.)
Real estate consultant (260,762 QAR per year, pre-tax.)
Loan Officer salary in Qatar
Average Yearly Salary of Loan Officer in Qatar is approximately 273,836 QAR (68,168 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 Officer do?
A loan officer is responsible for evaluating, approving, and managing loan applications. They work in banks, credit unions, or other financial institutions. Their primary role is to assess the creditworthiness of applicants, analyze financial information, and determine the risk associated with granting a loan. Loan officers also guide applicants through the loan process, explaining terms and conditions, and ensuring compliance with lending regulations. They must possess strong communication and interpersonal skills to build relationships with clients and provide exceptional customer service. Additionally, loan officers monitor loan portfolios, review payment schedules, and address any issues or concerns that may arise during the loan term.
Skills: Loan officer, Credit analysis, Financial services, Customer service, Loan processing, Risk assessment
Job industry: Banking
Job industry: Banking
How much does Loan Officer make?
Salary details
How much does Loan Officer make?Estimated Yearly Salary: 273,836 QAR
Estimated Monthly Salary: 22,820 QAR
Estimated Weekly Salary: 5,266 QAR per week
Estimated Hourly Salary: 132 QAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 264,348 QAREstimated Monthly Salary: 22,029 QAR
Estimated Weekly Salary: 5,084 QAR per week
Estimated Hourly Salary: 127 QAR per hour
Last revision of data: 2024-01-03Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 68,168 USD
Estimated Monthly Salary: 5,681 USD
Estimated Weekly Salary: 1,311 USD per week
Estimated Hourly Salary: 33 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
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
Qatar, a sovereign country located in the Middle East, is known for its rich culture and rapid development. With a population of approximately 2.8 million people, Qatar is a relatively small nation. Its total land area covers around 11,586 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Loan Officer job salary compared to average salary in Qatar.
Comparison shows that a person working as Loan Officer in Qatar earns on average:
1.07 times the average salary (or 107% of average salary).
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Loan Officer job salary compared to average salary in Qatar.
Comparison shows that a person working as Loan Officer in Qatar earns on average:
1.07 times the average salary (or 107% of average salary).
Is Loan Officer a well paid job?
Yes, our data show that Loan Officer 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 Loan Officer?
High salary for Loan Officer would be somewhere between 301,220 QAR and 397,062 QAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Officer in Qatar?
Living in Qatar the approximate monthly expenses are: 2,820 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: 273,836 QAR
Estimated Monthly Salary: 22,820 QAR
Estimated Weekly Salary: 5,266 QAR per week
Estimated Hourly Salary: 132 QAR per hour
By working as Loan Officer a person can save up to 2,861 USD per month or 34,328 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 Qatar, see costs of living in Qatar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Iran. 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 Officer
Saudi Arabia is 26,864 USD
United Arab Emirates is 47,575 USD
Bahrain is 17,314 USD
Kuwait is 13,042 USD
Iran is 7,661 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 Qatar
(2,939,572 QAR per year, pre-tax.)
2. Cardiologist
(2,450,940 QAR per year, pre-tax.)
(2,369,219 QAR per year, pre-tax.)
(2,290,381 QAR per year, pre-tax.)
5. Neurosurgeon
(2,287,404 QAR per year, pre-tax.)
(2,243,832 QAR per year, pre-tax.)
7. Urologist
(2,240,458 QAR per year, pre-tax.)
(2,237,140 QAR per year, pre-tax.)
9. Oncologist
(2,234,247 QAR per year, pre-tax.)
(2,233,539 QAR per year, pre-tax.)
Data as of 2025Random salary:
Access database administrator (338,738 QAR per year, pre-tax.)
Audiovisual manager (300,245 QAR per year, pre-tax.)
Field sales executive (282,282 QAR per year, pre-tax.)
Dj (322,748 QAR per year, pre-tax.)
Real estate consultant (260,762 QAR 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=qatar&job=loan-officer'><img src='https://optisalary.com/wp-content/graphs/salary/loan-officer-salary-in-qatar-2025.jpg' alt='loan officer salary in qatar 2025' title='loan officer salary in qatar 2025' /></a>
Please note:The salary figures on optisalary.com are meant for reference purposes exclusively.
optisalary.com provides salary data exclusively for reference use. While we endeavor for correctness, we cannot guarantee the validity of all figures. Users must double-check salary details with reliable organizations before making financial plans. Salary amounts can vary based on numerous factors, such as geographic location, experience, and job role. We accept no responsibility for misinterpretations in the salary figures provided. By using optisalary.com, you accept that salary data is not absolute.
optisalary.com offers salary insights for informational purposes only. While we gather data from multiple sources, we cannot guarantee full accuracy. Users are advised to consult trusted organizations before making any career moves. Salaries shift due to numerous factors, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the correctness of the displayed salary data. Your continued access of this site indicates your acceptance of these terms.