Home > Salary > Saudi Arabia > 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: 72,102 SAR
Estimated Monthly Salary: 6,009 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
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: 2024-01-08
Estimated Yearly Salary: 18,069 USD
Estimated Monthly Salary: 1,506 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
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: 72,102 SAR
Estimated Monthly Salary: 6,009 SAR
Estimated Weekly Salary: 1,387 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Loan Assistant a person can save up to 402 USD per month or 4,826 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.
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 Saudi Arabia
Average Yearly Salary of Loan Assistant in Saudi Arabia is approximately 72,102 SAR (18,069 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: 72,102 SAR
Estimated Monthly Salary: 6,009 SAR
Estimated Weekly Salary: 1,387 SAR per week
Estimated Hourly Salary: 35 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 69,768 SAREstimated Monthly Salary: 5,814 SAR
Estimated Weekly Salary: 1,342 SAR per week
Estimated Hourly Salary: 34 SAR per hour
Last revision of data: 2024-01-08Loan Assistant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,069 USD
Estimated Monthly Salary: 1,506 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
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
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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 Loan Assistant job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Assistant in Saudi Arabia earns on average:
0.7 times the average salary (or 70% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Loan Assistant job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Assistant in Saudi Arabia earns on average:
0.7 times the average salary (or 70% 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 79,312 SAR and 104,548 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Assistant 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: 72,102 SAR
Estimated Monthly Salary: 6,009 SAR
Estimated Weekly Salary: 1,387 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Loan Assistant a person can save up to 402 USD per month or 4,826 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 Loan Assistant
Jordan is 6,220 USD
Iraq is 3,930 USD
Kuwait is 8,784 USD
Qatar is 46,282 USD
Bahrain is 11,668 USD
United Arab Emirates is 32,030 USD
Oman is 5,955 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Draftsperson (86,140 SAR per year, pre-tax.)
Wildlife rehabilitator (56,681 SAR per year, pre-tax.)
Product design manager (195,639 SAR per year, pre-tax.)
Discharge planner (63,079 SAR per year, pre-tax.)
Java software engineer (188,823 SAR per year, pre-tax.)
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