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Assistant Loan Officer salary in Saudi Arabia

Average Yearly Salary of Assistant Loan Officer in Saudi Arabia is approximately 72,130 SAR (18,045 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 Assistant Loan Officer do?

occupation personasAn assistant loan officer is responsible for supporting the loan officers in various tasks related to the loan application and approval process. They assist in gathering and verifying financial documents, conducting credit checks, and evaluating loan applications. Additionally, they may communicate with clients to clarify information, answer inquiries, and provide updates on the loan status. Assistant loan officers also assist in preparing loan packages, ensuring all necessary documentation is complete and accurate. They may be involved in coordinating loan closings, preparing loan agreements, and maintaining records of loan transactions. Attention to detail, strong organizational skills, and knowledge of lending regulations are essential for this role.

Skills: Loan processing, Financial analysis, Customer service, Loan documentation, Credit evaluation, Loan administration
Job industry: Banking


How much does Assistant Loan Officer make?

Salary details
How much does Assistant Loan Officer make?
Estimated Yearly Salary: 72,130 SAR
Estimated Monthly Salary: 6,011 SAR
Estimated Weekly Salary: 1,387 SAR per week
Estimated Hourly Salary: 35 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 69,768 SAR
Estimated Monthly Salary: 5,814 SAR
Estimated Weekly Salary: 1,342 SAR per week
Estimated Hourly Salary: 34 SAR per hour
Last revision of data: 2024-01-06



Assistant Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 18,045 USD
Estimated Monthly Salary: 1,504 USD
Estimated Weekly Salary: 347 USD per week
Estimated Hourly Salary: 9 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

Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.

Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Officer job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Assistant Loan Officer in Saudi Arabia earns on average:
0.7 times the average salary (or 70% of average salary).

Is Assistant Loan Officer a well paid job?

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

What is considered a high salary for Assistant Loan Officer?

High salary for Assistant Loan Officer would be somewhere between 79,343 SAR and 104,589 SAR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Assistant Loan Officer in Saudi Arabia?

Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 72,130 SAR
Estimated Monthly Salary: 6,011 SAR
Estimated Weekly Salary: 1,387 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Assistant Loan Officer a person can save up to 400 USD per month or 4,802 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 Saudi Arabia, see costs of living in Saudi Arabia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Assistant Loan Officer

Jordan is 6,231 USDdown arrow 65%
Details on Assistant Loan Officer salary in Jordan
Iraq is 3,940 USDdown arrow 78%
Details on Assistant Loan Officer salary in Iraq
Kuwait is 8,770 USDdown arrow 51%
Details on Assistant Loan Officer salary in Kuwait
Qatar is 45,973 USDup arrow 155%
Details on Assistant Loan Officer salary in Qatar
Bahrain is 11,692 USDdown arrow 35%
Details on Assistant Loan Officer salary in Bahrain
United Arab Emirates is 32,011 USDup arrow 77%
Details on Assistant Loan Officer salary in United Arab Emirates
Oman is 5,930 USDdown arrow 67%
Details on Assistant Loan Officer salary in Oman
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 Saudi Arabia

(1,155,796 SAR per year, pre-tax.)
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)

Data as of 2025

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