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Loan Officer
Health Insurance and BFSI

Loan Officer

1 Description of the job

A loan officer helps customers apply for loans (home, personal, vehicle, business), checks documents and eligibility and works with the credit team to process them.

  • Meet customers and explain loan options
  • Collect and verify documents
  • Coordinate approval and disbursement

2 Skills required

Sales & communication Credit basics Documentation Customer relations Computer skills Target orientation

3 Opportunities available in the market

Banks and NBFCs hire loan officers, with demand rising with retail credit growth.

  • Banks and housing-finance companies
  • NBFCs and fintech lenders
  • Vehicle and consumer-finance firms

4 Salary range

Fresher (0–2 yrs)₹2.2 – 3.6 LPA≈ ₹18K – ₹30K / month
Mid-level (3–8 yrs)₹4 – 7 LPA≈ ₹33K – ₹58K / month
Senior / specialist₹8 – 15 LPA≈ ₹67K – ₹1.25L / month

Indicative only. These ranges are estimates compiled from general industry knowledge and public pay surveys, not audited figures. Actual pay depends on the employer, city, qualification, certifications and experience. Check current job listings before deciding.

5 Job openings — which states have more

#StateMain hubsDemand
1 Maharashtra
Mumbai, Pune, Nagpur
Mumbai, Pune, Nagpur
High demand
2 Uttar Pradesh
Lucknow, Kanpur, Varanasi
Lucknow, Kanpur, Varanasi
High demand
3 Karnataka
Bengaluru, Mysuru, Mangaluru
Bengaluru, Mysuru, Mangaluru
High demand

Indicative ranking of where employers and training institutions in this field are concentrated — not an official count of vacancies. Check the National Career Service portal (ncs.gov.in) and the government job portal for current openings.

Government job portal: National Career Service (ncs.gov.in)

Current openings — BiharCareer

No jobs foundNo jobs are available for this role right now. Use the search links above or check back soon.
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