Average Loan Processor Salary in Afghanistan for 2023
In this article, we will look at the average Loan Processor salary for 2023 in Afghanistan and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Afghan afghani. To keep things simple, we are using the AFN currency code instead of the currency symbol ؋.
How Much Does a Loan Processor Make in Afghanistan?
A Loan Processor working in Afghanistan will typically earn around 588,500 AFN per year, and this can range from the lowest average salary of about 294,300 AFN to the highest average salary of 908,200 AFN.
These are average salaries for a Loan Processor in Afghanistan and include benefits such as housing and transport. It's also possible for a Loan Processor to earn more or less than the average salaries shown above.
Loan Processor salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Loan Processor Salaries in Afghanistan
So we've looked at the average salaries a Loan Processor will earn in Afghanistan. The next interesting data point is the distribution of salaries.
We already know that a Loan Processor can earn between 294,300 AFN and 908,200 AFN on average in Afghanistan. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
The median salary for a Loan Processor in Afghanistan is 588,500 AFN. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 588,500 AFN, and 50% of the population earn more than 588,500 AFN.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Loan Processor salary in Afghanistan, 25% of the population are earning less than 394,500 AFN while 75% of the population earn more than 394,500 AFN.
75% of the population earn less than 747,400 AFN, and 25% of the population earn more than 747,400 AFN.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Loan Processor Salary by Experience Level in Afghanistan
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average loan processor salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. A Loan Processor in Afghanistan that has less than two years of experience can expect to earn somewhere in the region of 351,900 AFN.
- 2 - 5 Years Experience. With two to five years of experience the average Loan Processor salary would increase to 466,900 AFN.
- 5 - 10 Years Experience. From five to ten years of experience as a Loan Processor, the average salary would be 623,700 AFN.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 744,700 AFN.
- 15 - 20 Years Experience. A Loan Processor with 15 to 20 years of experience can earn an average of 802,400 AFN.
- 20+ Years Experience. For a Loan Processor with more than 20 years, the expected average salary increases to 861,300 AFN.
Average Salary by Experience Chart
Loan Processor Salary by Education Level in Afghanistan
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for a Loan Processor in Afghanistan based on the education level of the employees in order to find out whether a better education level would increase your salary.
High School. A Loan Processor in Afghanistan with a high school education can earn an average salary of 466,900 AFN.
Certificate or Diploma. A Loan Processor in Afghanistan with a certificate or diploma education can earn an average salary of 650,700 AFN.
Bachelor's Degree. A Loan Processor in Afghanistan with a bachelor's degree education can earn an average salary of 810,500 AFN.
Average Salary by Education Chart
|Certificate or Diploma||+40%||
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Afghanistan is around 389,000 to 1,170,000 AFN and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Loan Processor Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Afghanistan, a male loan processor will earn an average of 605,700 AFN, while a female loan processor will earn around 562,600 AFN.
This means that a male loan processor earns approximately 8% more than a female loan processor for performing the same job.
Average Salary by Gender Chart in Afghanistan
Loan Processor Average Pay Raise in Afghanistan
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for a Loan Processor in Afghanistan is around 7% every 28 months.
The national average pay raise across all professions and industries in Afghanistan is around 4% every 29 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 7 ÷ 28 ) × 12 = 3%
What this means is that a Loan Processor in Afghanistan can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Afghanistan for 2023
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Afghanistan.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
Loan Processor Bonus and Incentive Rates in Afghanistan
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
A Loan Processor is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.
89% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 3%.
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Afghanistan earn approximately 11% more than private sector employees in the same role.
Salaries for Jobs Similar to a Loan Processor
In the table below, we have salary information for jobs that are similar to a Loan Processor in Afghanistan.
|Account Examiner||Accounting and Finance||501,400 AFN|
|Account Executive||Accounting and Finance||890,100 AFN|
|Accountant||Accounting and Finance||705,500 AFN|
|Accounting Analyst||Accounting and Finance||810,500 AFN|
|Accounting Assistant||Accounting and Finance||552,400 AFN|
|Accounting Associate||Accounting and Finance||485,300 AFN|
|Accounting Clerk||Accounting and Finance||417,200 AFN|
|Accounting Coordinator||Accounting and Finance||602,700 AFN|
|Accounting Head||Accounting and Finance||1,417,600 AFN|
|Accounting Manager||Accounting and Finance||1,391,600 AFN|
|Accounting Officer||Accounting and Finance||489,500 AFN|
|Accounting Specialist||Accounting and Finance||899,100 AFN|
|Accounting Supervisor||Accounting and Finance||929,700 AFN|
|Accounting Technician||Accounting and Finance||480,600 AFN|
|Accounting Unit Controller||Accounting and Finance||1,105,600 AFN|
|Accounts Executive||Accounting and Finance||861,300 AFN|
|Accounts Officer||Accounting and Finance||518,900 AFN|
|Accounts Payable and Receivable Specialist||Accounting and Finance||713,900 AFN|
|Accounts Payable Assistant||Accounting and Finance||576,500 AFN|
|Accounts Payable Associate||Accounting and Finance||614,600 AFN|
|Accounts Payable Clerk||Accounting and Finance||487,600 AFN|
|Accounts Payable Manager||Accounting and Finance||1,296,900 AFN|
|Accounts Receivable Administrator||Accounting and Finance||1,038,700 AFN|
|Accounts Receivable Clerk||Accounting and Finance||489,600 AFN|
|Accounts Receivable Financial Analyst||Accounting and Finance||918,500 AFN|
|Accounts Receivable Manager||Accounting and Finance||1,273,300 AFN|
|Accounts Receivable Team Leader||Accounting and Finance||1,011,300 AFN|
|Assistant Accountant||Accounting and Finance||528,500 AFN|
|Assistant Accounting Manager||Accounting and Finance||1,273,300 AFN|
|Assistant Auditor||Accounting and Finance||693,100 AFN|
|Assistant Corporate Controller||Accounting and Finance||906,500 AFN|
|Assistant Finance Manager||Accounting and Finance||1,391,600 AFN|
|Assistant Financial Controller||Accounting and Finance||906,500 AFN|
|Audit Director||Accounting and Finance||1,594,500 AFN|
|Audit Supervisor||Accounting and Finance||1,212,800 AFN|
|Auditing Clerk||Accounting and Finance||518,900 AFN|
|Auditing Manager||Accounting and Finance||1,380,400 AFN|
|Billing Clerk||Accounting and Finance||539,700 AFN|
|Billing Coordinator||Accounting and Finance||646,600 AFN|
|Billing Specialist||Accounting and Finance||721,600 AFN|
|Billing Supervisor||Accounting and Finance||1,016,300 AFN|
|Bookkeeper||Accounting and Finance||437,900 AFN|
|Bookkeeping Specialist||Accounting and Finance||656,800 AFN|
|Budget Analyst||Accounting and Finance||1,147,500 AFN|
|Budget Manager||Accounting and Finance||1,380,400 AFN|
|Business Support Analyst||Accounting and Finance||780,600 AFN|
|Capital Markets Associate||Accounting and Finance||1,048,100 AFN|
|Cash Flow Analyst||Accounting and Finance||1,006,300 AFN|
|Cash Management Manager||Accounting and Finance||1,320,500 AFN|
|Cash Management Officer||Accounting and Finance||767,500 AFN|
|Cashbook Clerk||Accounting and Finance||460,500 AFN|
|Chartered Accountant||Accounting and Finance||855,200 AFN|
|Chief Accountant||Accounting and Finance||986,700 AFN|
|Collections Clerk||Accounting and Finance||440,200 AFN|
|Collections Representative||Accounting and Finance||581,300 AFN|
|Collections Specialist||Accounting and Finance||687,100 AFN|
|Corporate Controller||Accounting and Finance||1,080,400 AFN|
|Corporate Treasurer||Accounting and Finance||1,283,600 AFN|
|Cost Accountant||Accounting and Finance||688,900 AFN|
|Cost Accounting Manager||Accounting and Finance||1,345,400 AFN|
|Cost Accounting Supervisor||Accounting and Finance||1,114,700 AFN|
|Cost Analyst||Accounting and Finance||1,074,200 AFN|
|Credit and Collection Manager||Accounting and Finance||1,333,900 AFN|
|Credit and Collection Staff||Accounting and Finance||502,200 AFN|
|Credit and Loans Officer||Accounting and Finance||489,600 AFN|
|Credit Controller||Accounting and Finance||962,900 AFN|
|Credit Manager||Accounting and Finance||1,405,700 AFN|
|Debt Adviser||Accounting and Finance||1,088,600 AFN|
|Debt Collector||Accounting and Finance||533,100 AFN|
|Debtors Clerk||Accounting and Finance||478,000 AFN|
|Debtors Controller||Accounting and Finance||489,500 AFN|
|Deputy CFO||Accounting and Finance||1,835,700 AFN|
|Deputy Head of Finance||Accounting and Finance||1,835,700 AFN|
|Derivative Trader||Accounting and Finance||1,159,000 AFN|
|Director of Finance||Accounting and Finance||2,038,500 AFN|
|Economist||Accounting and Finance||1,547,500 AFN|
|Equity Analyst||Accounting and Finance||1,181,200 AFN|
|Escrow Assistant||Accounting and Finance||603,400 AFN|
|Executive Accountant||Accounting and Finance||778,200 AFN|
|External Auditor||Accounting and Finance||931,700 AFN|
|Finance Administrator||Accounting and Finance||810,400 AFN|
|Finance Analyst||Accounting and Finance||1,259,300 AFN|
|Finance Associate||Accounting and Finance||603,400 AFN|
|Finance Director||Accounting and Finance||2,052,200 AFN|
|Finance Executive||Accounting and Finance||1,417,600 AFN|
|Finance Licensing Clerk||Accounting and Finance||493,000 AFN|
|Finance Licensing Manager||Accounting and Finance||1,306,100 AFN|
|Finance Licensing Specialist||Accounting and Finance||743,300 AFN|
|Finance Manager||Accounting and Finance||1,942,700 AFN|
|Finance Officer||Accounting and Finance||652,200 AFN|
|Finance President||Accounting and Finance||2,076,600 AFN|
|Finance Relationship Manager||Accounting and Finance||1,645,600 AFN|
|Finance Release Analyst||Accounting and Finance||765,100 AFN|
|Finance Specialist||Accounting and Finance||1,152,700 AFN|
|Finance Team Leader||Accounting and Finance||1,510,400 AFN|
|Financial Accountant||Accounting and Finance||659,400 AFN|
|Financial Actuary||Accounting and Finance||1,065,800 AFN|
|Financial Administrator||Accounting and Finance||1,162,300 AFN|
|Financial Advisor||Accounting and Finance||1,259,300 AFN|
|Financial Analyst||Accounting and Finance||1,196,900 AFN|
|Financial Applications Specialist||Accounting and Finance||825,900 AFN|
|Financial Assistant||Accounting and Finance||531,700 AFN|
|Financial Associate||Accounting and Finance||553,800 AFN|
|Financial Associate||Accounting and Finance||667,400 AFN|
|Financial Claims Analyst||Accounting and Finance||904,700 AFN|
|Financial Claims Manager||Accounting and Finance||1,198,200 AFN|
|Financial Claims Supervisor||Accounting and Finance||1,112,300 AFN|
|Financial Clerk||Accounting and Finance||524,700 AFN|
|Financial Commercial Analyst||Accounting and Finance||1,041,900 AFN|
|Financial Compliance Analyst||Accounting and Finance||1,065,800 AFN|
|Financial Consultant||Accounting and Finance||896,700 AFN|
|Financial Controller||Accounting and Finance||1,053,900 AFN|
|Financial Controller||Accounting and Finance||1,148,200 AFN|
|Financial Coordinator||Accounting and Finance||631,200 AFN|
|Financial Customer Service Manager||Accounting and Finance||1,235,600 AFN|
|Financial Dealer and Broker||Accounting and Finance||717,900 AFN|
|Financial Director||Accounting and Finance||2,076,600 AFN|
|Financial Encoder||Accounting and Finance||559,000 AFN|
|Financial Manager||Accounting and Finance||1,835,700 AFN|
|Financial Manager||Accounting and Finance||1,846,200 AFN|
|Financial Operations Manager||Accounting and Finance||1,788,300 AFN|
|Financial Policy Analyst||Accounting and Finance||1,067,300 AFN|
|Financial Project Manager||Accounting and Finance||1,391,600 AFN|
|Financial Quantitative Analyst||Accounting and Finance||1,182,800 AFN|
|Financial Reporting Consultant||Accounting and Finance||1,023,000 AFN|
|Financial Reporting Manager||Accounting and Finance||1,320,500 AFN|
|Financial Section Head||Accounting and Finance||1,333,900 AFN|
|Financial Services Manager||Accounting and Finance||1,678,300 AFN|
|Financial Services Sales Agent||Accounting and Finance||758,700 AFN|
|Fixed Assets Administrator||Accounting and Finance||728,500 AFN|
|Forensic Accountant||Accounting and Finance||829,000 AFN|
|Fraud Detection Supervisor||Accounting and Finance||836,800 AFN|
|Fraud Prevention Manager||Accounting and Finance||1,380,400 AFN|
|Fund Accountant||Accounting and Finance||650,800 AFN|
|Grants Coordinator||Accounting and Finance||498,000 AFN|
|Group Financial Manager||Accounting and Finance||1,942,700 AFN|
|Internal Auditor||Accounting and Finance||890,700 AFN|
|Internal Control Adviser||Accounting and Finance||1,067,300 AFN|
|Internal Control Officer||Accounting and Finance||590,200 AFN|
|International Tax Director||Accounting and Finance||1,645,600 AFN|
|Inventory Accountant||Accounting and Finance||712,100 AFN|
|Investment Advisor||Accounting and Finance||1,825,000 AFN|
|Investment Analyst||Accounting and Finance||1,345,400 AFN|
|Investment Associate||Accounting and Finance||1,172,900 AFN|
|Investment Broker||Accounting and Finance||1,142,900 AFN|
|Investment Fund Manager||Accounting and Finance||1,560,800 AFN|
|Investment Operations Manager||Accounting and Finance||1,524,300 AFN|
|Investment Underwriter||Accounting and Finance||592,600 AFN|
|Investor||Accounting and Finance||889,400 AFN|
|Investor Relations Manager||Accounting and Finance||1,391,600 AFN|
|KYC Team Leader||Accounting and Finance||1,391,600 AFN|
|Management Accountant||Accounting and Finance||767,000 AFN|
|Management Economist||Accounting and Finance||1,606,100 AFN|
|Paymaster||Accounting and Finance||581,000 AFN|
|Payroll Administrator||Accounting and Finance||902,100 AFN|
|Payroll Benefits Coordinator||Accounting and Finance||722,100 AFN|
|Payroll Billing Manager||Accounting and Finance||1,196,900 AFN|
|Payroll Clerk||Accounting and Finance||595,300 AFN|
|Payroll Manager||Accounting and Finance||1,249,900 AFN|
|Payroll Officer||Accounting and Finance||572,200 AFN|
|Payroll Specialist||Accounting and Finance||683,400 AFN|
|Payroll Supervisor||Accounting and Finance||874,500 AFN|
|Pensions Administrator||Accounting and Finance||732,400 AFN|
|Personal Financial Advisor||Accounting and Finance||1,057,100 AFN|
|Pricing Analyst||Accounting and Finance||1,134,800 AFN|
|Private Equity Analyst||Accounting and Finance||1,273,300 AFN|
|Project Accountant||Accounting and Finance||767,400 AFN|
|Proposal Development Coordinator||Accounting and Finance||614,600 AFN|
|Receivables Accountant||Accounting and Finance||633,100 AFN|
|Regulatory Accountant||Accounting and Finance||724,000 AFN|
|Retirement Plan Analyst||Accounting and Finance||1,080,400 AFN|
|Revenue Management Specialist||Accounting and Finance||1,122,500 AFN|
|Revenue Recognition Analyst||Accounting and Finance||1,306,100 AFN|
|Risk Management Director||Accounting and Finance||1,655,500 AFN|
|Risk Management Supervisor||Accounting and Finance||1,369,700 AFN|
|Staff Accountant||Accounting and Finance||665,300 AFN|
|Tax Accountant||Accounting and Finance||627,900 AFN|
|Tax Administrator||Accounting and Finance||724,000 AFN|
|Tax Advisor||Accounting and Finance||1,023,400 AFN|
|Tax Analyst||Accounting and Finance||1,025,100 AFN|
|Tax Associate||Accounting and Finance||565,100 AFN|
|Tax Consultant||Accounting and Finance||1,070,600 AFN|
|Tax Director||Accounting and Finance||1,560,800 AFN|
|Tax Examiner||Accounting and Finance||765,100 AFN|
|Tax Manager||Accounting and Finance||1,405,700 AFN|
|Tax Research Manager||Accounting and Finance||1,417,600 AFN|
|Teller||Accounting and Finance||412,000 AFN|
|Treasury Accountant||Accounting and Finance||719,100 AFN|
|Treasury Analyst||Accounting and Finance||1,088,800 AFN|
|Underwriter||Accounting and Finance||472,000 AFN|
|Underwriting Assistant||Accounting and Finance||445,100 AFN|
|Vice President of Finance||Accounting and Finance||1,858,200 AFN|
Salary Comparison by City
If you want to compare salaries with different cities in Afghanistan, you can use the links below to explore the data for each specific city we have researched.
|Mazari Sharif||520,300 AFN|
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"Average Loan Processor Salary in Afghanistan for 2023". World Salaries. Accessed on October 1, 2023. https://worldsalaries.com/average-loan-processor-salary-in-afghanistan/.
"Average Loan Processor Salary in Afghanistan for 2023". World Salaries, https://worldsalaries.com/average-loan-processor-salary-in-afghanistan/. Accessed 1 October, 2023
Average Loan Processor Salary in Afghanistan for 2023. World Salaries. Retrieved from https://worldsalaries.com/average-loan-processor-salary-in-afghanistan/.