Home > Salary > Sri Lanka > Loan Processor
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Estimated Yearly Salary: 1,364,227 LKR
Estimated Monthly Salary: 113,686 LKR
Estimated Weekly Salary: 26,235 LKR per week
Estimated Hourly Salary: 656 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 109,623 LKR
Estimated Weekly Salary: 25,298 LKR per week
Estimated Hourly Salary: 632 LKR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 3,916 USD
Estimated Monthly Salary: 326 USD
Estimated Weekly Salary: 75 USD per week
Estimated Hourly Salary: 2 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: 1,364,227 LKR
Estimated Monthly Salary: 113,686 LKR
Estimated Weekly Salary: 26,235 LKR per week
Estimated Hourly Salary: 656 LKR per hour
By working as Loan Processor a person can save up to 102 USD per month or 1,223 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Vlsi engineer (2,428,878 LKR per year, pre-tax.)
Yard driver (630,907 LKR per year, pre-tax.)
Technical support assistant (1,035,390 LKR per year, pre-tax.)
Sap lead (4,421,005 LKR per year, pre-tax.)
Commercial laundry worker (790,167 LKR per year, pre-tax.)
Loan Processor salary in Sri Lanka
Average Yearly Salary of Loan Processor in Sri Lanka is approximately 1,364,227 LKR (3,916 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 Processor do?
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Skills: loan processing, financial services, mortgage industry, loan documentation, credit analysis, customer service
Job industry: Finance
Job industry: Finance
How much does Loan Processor make?
Salary details
How much does Loan Processor make?Estimated Yearly Salary: 1,364,227 LKR
Estimated Monthly Salary: 113,686 LKR
Estimated Weekly Salary: 26,235 LKR per week
Estimated Hourly Salary: 656 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,315,477 LKREstimated Monthly Salary: 109,623 LKR
Estimated Weekly Salary: 25,298 LKR per week
Estimated Hourly Salary: 632 LKR per hour
Last revision of data: 2024-01-05Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,916 USD
Estimated Monthly Salary: 326 USD
Estimated Weekly Salary: 75 USD per week
Estimated Hourly Salary: 2 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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Loan Processor in Sri Lanka earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Loan Processor in Sri Lanka earns on average:
0.76 times the average salary (or 76% of average salary).
Is Loan Processor a well paid job?
No, our data shows that Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Processor?
High salary for Loan Processor would be somewhere between 1,500,650 LKR and 1,978,129 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 1,364,227 LKR
Estimated Monthly Salary: 113,686 LKR
Estimated Weekly Salary: 26,235 LKR per week
Estimated Hourly Salary: 656 LKR per hour
By working as Loan Processor a person can save up to 102 USD per month or 1,223 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. 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 Processor
India is 15,613 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Vlsi engineer (2,428,878 LKR per year, pre-tax.)
Yard driver (630,907 LKR per year, pre-tax.)
Technical support assistant (1,035,390 LKR per year, pre-tax.)
Sap lead (4,421,005 LKR per year, pre-tax.)
Commercial laundry worker (790,167 LKR 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=sri-lanka&job=loan-processor'><img src='https://optisalary.com/wp-content/graphs/salary/loan-processor-salary-in-sri-lanka-2025.jpg' alt='loan processor salary in sri lanka 2025' title='loan processor salary in sri lanka 2025' /></a>
Please note:This website aggregates salary data for informational purposes only.
The salary data on this site is intended for reference purposes only. We offer salary insights derived from multiple sources, but do not guarantee complete accuracy. Users should always verify salary details with other reliable sources before making financial decisions. Fluctuations in salary figures may occur due to several factors, including location, experience, and industry. We do not offer any guarantee regarding the completeness of the provided salary data. Use of this website constitutes acknowledgment of these conditions.
optisalary.com provides salary figures solely for reference purposes. While we strive for accuracy, we do not ensure the validity of all figures. Users should double-check salary details with reliable organizations before making career-related plans. Salary estimates may vary based on multiple factors, such as geographic location, experience, and job role. We assume no responsibility for misinterpretations in the salary figures provided. By accessing this website, you accept that salary data is not absolute.