Average Loan Officer Salary in South Africa

R148,736
Avg. Base Salary (ZAR)
10%
ZAR 15k
MEDIAN
ZAR 149k
90%
ZAR 267k

The average salary for a Loan Officer is R148,736 in 2025

Base Salary
R15k - R267k
Bonus
R2k - R10k
Profit Sharing
R0 - R25k
Total Pay
R29k - R283k
Is Average Loan Officer Salary in South Africa your job title? Find out what you should be paid
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FAQs About Loan Officers

What is the highest pay for Loan Officers?

Our data indicates that the highest pay for a Loan Officer is ZAR 267k / year

What is the lowest pay for Loan Officers?

Our data indicates that the lowest pay for a Loan Officer is ZAR 15k / year

How can Loan Officers increase their salary?

Increasing your pay as a Loan Officer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Officer that oversees more junior Loan Officers, this experience can increase the likelihood to earn more.