Loan Officer Commercial
R757,943 (ZAR)/yr
R364.40 (ZAR)/hr
R34,335 (ZAR)/yr
The average loan officer commercial gross salary in South Africa is R757,943 or an equivalent hourly rate of R364. In addition, they earn an average bonus of R34,335. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Africa. An entry level loan officer commercial (1-3 years of experience) earns an average salary of R536,618. On the other end, a senior level loan officer commercial (8+ years of experience) earns an average salary of R948,804.
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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
R878,664 (ZAR)
16 %
Based on our compensation data, the estimated salary potential for Loan Officer Commercial will increase 16 % over 5 years.
This chart displays the highest level of education for:
Loan Officer Commercial, the majority at 57% with bachelors.
Typical Field of Study: Finance
See how education can impact your salaryCost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageSouth Africa, officially the Republic of South Africa (RSA or R.S.A.), is the southernmost country in Africa. It is bounded to the south by 2,798 kilometres (1,739 mi) of coastline that stretches along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous...
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.