Average Loan Team Leader Salary in Herat, Afghanistan for 2024

In this article, we will look at the average Loan Team Leader salary for 2024 in Herat 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 Team Leader Make in Herat?

A Loan Team Leader working in Herat will typically earn around 1,095,900 AFN per year, and this can range from the lowest average salary of about 504,300 AFN to the highest average salary of 1,741,800 AFN.

Average Annual Salary
1,095,900 AFN
Average Monthly Salary
91,325 AFN

Lowest Annual Salary
504,300 AFN
Lowest Monthly Salary
42,025 AFN

Highest Annual Salary
1,741,800 AFN
Highest Monthly Salary
145,150 AFN

These are average salaries for a Loan Team Leader in Herat and include benefits such as housing and transport. It's also possible for a Loan Team Leader to earn more or less than the average salaries shown above.

Loan Team Leader 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 Team Leader Salaries in Herat

So we've looked at the average salaries a Loan Team Leader will earn in Herat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Loan Team Leader can earn between 504,300 AFN and 1,741,800 AFN on average in Herat. 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.

Median salary

The median salary for a Loan Team Leader in Herat is 1,184,700 AFN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,184,700 AFN, and 50% of the population earn more than 1,184,700 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

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 Team Leader salary in Herat, 25% of the population are earning less than 759,300 AFN while 75% of the population earn more than 759,300 AFN.

75% of the population earn less than 1,583,700 AFN, and 25% of the population earn more than 1,583,700 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 Team Leader Salary by Experience Level in Herat

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 team leader 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 Team Leader in Herat that has less than two years of experience can expect to earn somewhere in the region of 571,300 AFN.
  • 2 - 5 Years Experience. With two to five years of experience the average Loan Team Leader salary would increase to 765,100 AFN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Loan Team Leader, the average salary would be 1,130,200 AFN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,380,400 AFN.
  • 15 - 20 Years Experience. A Loan Team Leader with 15 to 20 years of experience can earn an average of 1,500,800 AFN.
  • 20+ Years Experience. For a Loan Team Leader with more than 20 years, the expected average salary increases to 1,632,100 AFN.

Average Salary by Experience Chart

0-2 Years
571,300 AFN
2-5 Years +34%
765,100 AFN
5-10 Years +48%
1,130,200 AFN
10-15 Years +22%
1,380,400 AFN
15-20 Years +9%
1,500,800 AFN
20+ Years +8%
1,632,100 AFN

Loan Team Leader Salary by Education Level in Herat

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 Team Leader in Herat based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Loan Team Leader in Herat with a bachelor's degree education can earn an average salary of 667,400 AFN.

  • Master's Degree. A Loan Team Leader in Herat with a master's degree education can earn an average salary of 1,283,600 AFN.

Average Salary by Education Chart

Bachelor's Degree
667,400 AFN
Master's Degree +93%
1,283,600 AFN

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 Team Leader 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 Herat, a male loan team leader will earn an average of 1,224,800 AFN, while a female loan team leader will earn around 986,700 AFN.

This means that a male loan team leader earns approximately 24% more than a female loan team leader for performing the same job.

Average Salary by Gender Chart in Herat

Male
1,224,800 AFN
Female -24%
986,700 AFN

Loan Team Leader Average Pay Raise in Herat

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 Team Leader in Herat is around 8% 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Loan Team Leader in Herat can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Herat for 2024

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.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Loan Team Leader Bonus and Incentive Rates in Herat

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 Team Leader is a low bonus based job, with 42% of employees reporting at least one bonus in the last 12 months.

58% 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 2% to 7%.

Received Bonus
42%
No Bonus
58%

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.

Public Sector
971,200 AFN
Private Sector -11%
878,900 AFN

Salaries for Jobs Similar to a Loan Team Leader

In the table below, we have salary information for jobs that are similar to a Loan Team Leader in Herat.

Job Title Category Salary
AML Analyst Banking 1,570,900 AFN
Assistant Bank Branch Manager Banking 1,345,400 AFN
Assistant Bank Manager Banking 1,765,300 AFN
ATM Manager Banking 1,500,800 AFN
ATM Service Technician Banking 412,000 AFN
Bank Accounts Analyst Banking 559,000 AFN
Bank Accounts Collector Banking 341,400 AFN
Bank Accounts Controller Banking 758,700 AFN
Bank Accounts Executive Banking 1,129,700 AFN
Bank Accounts Manager Banking 1,306,100 AFN
Bank Auditing Manager Banking 1,333,900 AFN
Bank Branch Manager Banking 1,835,700 AFN
Bank Branch Operations Coordinator Banking 803,400 AFN
Bank Clerk Banking 319,600 AFN
Bank Client Service Associate Banking 489,600 AFN
Bank Collector Banking 366,200 AFN
Bank Compliance Specialist Banking 879,700 AFN
Bank Manager Banking 2,086,500 AFN
Bank Operational Risk Manager Banking 2,052,200 AFN
Bank Operations Head Banking 2,124,400 AFN
Bank Operations Officer Banking 840,100 AFN
Bank Operations Specialist Banking 1,306,100 AFN
Bank Process Manager Banking 1,161,000 AFN
Bank Product Manager Banking 1,357,900 AFN
Bank Programme Manager Banking 1,476,700 AFN
Bank Project Manager Banking 1,606,100 AFN
Bank Propositions Manager Banking 1,464,200 AFN
Bank Quantitative Analyst Banking 1,067,300 AFN
Bank Regional Manager Banking 2,076,600 AFN
Bank Regional Risk Officer Banking 1,035,500 AFN
Bank Relationship Manager Banking 1,524,300 AFN
Bank Relationship Officer Banking 679,200 AFN
Bank Teller Banking 349,300 AFN
Banker Banking 743,300 AFN
Banking Business Analyst Banking 1,088,100 AFN
Banking Business Development Officer Banking 639,900 AFN
Banking Business Planning Executive Banking 1,476,700 AFN
Banking Product Manager Banking 1,345,400 AFN
Banking Reference Data Manager Banking 1,224,800 AFN
Banking Risk Analyst Banking 1,065,800 AFN
Banking Technical Analyst Banking 563,300 AFN
Bankruptcy Coordinator Banking 778,200 AFN
Bill and Account Collector Banking 371,100 AFN
Budget Analyst Banking 1,110,500 AFN
Capital Risk Manager Banking 1,980,600 AFN
Cards Marketing Manager Banking 1,320,500 AFN
Cash Management Manager Banking 1,788,300 AFN
Check Processing Manager Banking 1,320,500 AFN
Commercial Vault Associate Banking 1,016,300 AFN
Corporate Banker Banking 737,000 AFN
Corporate Dealer Banking 1,070,600 AFN
Credit Analyst Banking 795,700 AFN
Credit and Collections Manager Banking 1,380,400 AFN
Credit Card Fraud Investigator Banking 1,062,500 AFN
Credit Portfolio Manager Banking 2,026,800 AFN
Credit Risk Analyst Banking 1,196,900 AFN
Credit Risk Associate Banking 1,152,700 AFN
Direct Bank Sales Representative Banking 727,100 AFN
Exchange Control Consultant Banking 1,102,900 AFN
Executive Account Analyst Banking 1,035,500 AFN
Financial Bank Planning Consultant Banking 1,306,100 AFN
Financial Banking Analysis Manager Banking 1,510,400 AFN
Financial Banking Assistant Banking 492,400 AFN
Financial Banking Systems Manager Banking 1,405,700 AFN
Foreign Exchange Manager Banking 1,510,400 AFN
Fraud Analyst Banking 1,157,300 AFN
Fraud Detection Associate Banking 746,600 AFN
Fraud Detection Manager Banking 1,703,200 AFN
Fraud Detection Supervisor Banking 903,500 AFN
Internal Bank Audit Manager Banking 1,882,700 AFN
Internal Bank Auditor Banking 1,004,500 AFN
Internal Private Banker Banking 765,100 AFN
International Banking Manager Banking 2,124,400 AFN
Investment Banking Analyst Banking 1,487,200 AFN
Loan Analyst Banking 1,069,900 AFN
Loan Area Manager Banking 1,306,100 AFN
Loan Audit Team Leader Banking 1,224,800 AFN
Loan Branch Manager Banking 1,212,800 AFN
Loan Business Development Officer Banking 658,300 AFN
Loan Clerk Banking 382,600 AFN
Loan Collection and Recovery Manager Banking 1,296,900 AFN
Loan Collection Manager Banking 1,296,900 AFN
Loan Collector Banking 354,000 AFN
Loan Examiner Banking 472,100 AFN
Loan Officer Banking 398,300 AFN
Loan Processing Manager Banking 1,172,800 AFN
Loan Processor Banking 489,500 AFN
Loan Quality Assurance Auditor Banking 1,104,400 AFN
Loan Quality Assurance Manager Banking 1,224,800 AFN
Loan Quality Assurance Representative Banking 818,100 AFN
Loan Review Manager Banking 1,235,600 AFN
Loans Manager Banking 1,405,700 AFN
Mortgage Advisor Banking 761,400 AFN
Mortgage Collection Manager Banking 1,283,600 AFN
Mortgage Collector Banking 359,900 AFN
Mortgage Credit Analyst Banking 583,000 AFN
Mortgage Credit Manager Banking 1,224,800 AFN
Mortgage Development Manager Banking 1,417,600 AFN
Mortgage Document Reviewer Banking 480,300 AFN
Mortgage Funding Manager Banking 1,428,800 AFN
Mortgage Operations Manager Banking 1,921,500 AFN
Mortgage Payment Processing Clerk Banking 424,300 AFN
Mortgage Processing Manager Banking 1,259,300 AFN
Mortgage Processor Banking 498,500 AFN
Mortgage Quality Assurance Auditor Banking 1,098,200 AFN
Mortgage Quality Assurance Manager Banking 1,259,300 AFN
Mortgage Servicing Clerk Banking 384,500 AFN
Mortgage Servicing Manager Banking 1,224,800 AFN
Mortgage Underwriter Banking 471,700 AFN
Online Banking Manager Banking 1,811,000 AFN
Payment Processing Clerk Banking 369,900 AFN
Personal Banker Banking 759,300 AFN
Personal Banking Advisor Banking 757,600 AFN
Phone Banker Banking 499,300 AFN
Private Banker Banking 752,600 AFN
Reconciliation and Investigation Specialist Banking 909,300 AFN
Tax Officer Banking 627,900 AFN
Teller Banking 357,300 AFN
Trade Officer Banking 454,300 AFN
Trade Product Manager Banking 1,306,100 AFN
Trader Banking 545,300 AFN
Treasury Operations Officer Banking 903,500 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.

City Average Salary
Jalalabad 1,003,800 AFN
Kabul 1,235,600 AFN
Kandahar 1,153,300 AFN
Kunduz 974,600 AFN
Mazari Sharif 1,113,700 AFN

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