Veritas Finance Area Collection Manager Salaries by 7 Employees (Updated 2024)

6 - 13 years exp.

₹4.3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Area Collection Manager Salary in NBFC Companies for 6 - 13 years of experience

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Salaries in different departments

Finance & Accounting Area Collection Manager Salary 7 - 13 years exp. (3 salaries)	₹4.3 L/yr - ₹6.6 L/yr
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BFSI, Investments & Trading Area Collection Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 22 Nov 2024

Companies similar to Veritas Finance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Area Collection Manager Salary 4 - 13 years exp. (5 salaries)	₹3 L/yr - ₹10 L/yr 16% more
Shriram Finance Area Collection Manager Salary 3 - 20 years exp. (15 salaries)	₹3.6 L/yr - ₹10.2 L/yr 16% more
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Bajaj Finance Area Collection Manager Salary 4 - 15 years exp. (378 salaries)	₹5.1 L/yr - ₹15.4 L/yr 68% more
Mahindra Finance Area Collection Manager Salary 7 - 18 years exp. (184 salaries)	₹3.2 L/yr - ₹11.5 L/yr 13% more	1 job opening
Cholamandalam Investment & Finance Area Collection Manager Salary 7 - 18 years exp. (207 salaries)	₹5.3 L/yr - ₹18 L/yr 76% more	1 job opening
L&T Finance Area Collection Manager Salary 5 - 16 years exp. (168 salaries)	₹3.5 L/yr - ₹12 L/yr 34% more
HDFC Bank Area Collection Manager Salary 10 - 22 years exp. (177 salaries)	₹5.5 L/yr - ₹22.6 L/yr 134% more
Tata Capital Area Collection Manager Salary 6 - 16 years exp. (36 salaries)	₹4.3 L/yr - ₹13.1 L/yr 65% more	9 job openings
Reliance Capital Area Collection Manager Salary 4 - 20 years exp. (4 salaries)	₹7.5 L/yr - ₹11.4 L/yr 83% more
Aditya Birla Finance Area Collection Manager Salary 10 - 18 years exp. (33 salaries)	₹9.8 L/yr - ₹18.2 L/yr 139% more
TVS Credit Area Collection Manager Salary 7 - 16 years exp. (96 salaries)	₹7.1 L/yr - ₹17.5 L/yr 109% more
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Bajaj Housing Finance Area Collection Manager Salary 8 - 17 years exp. (41 salaries)	₹8 L/yr - ₹17 L/yr 83% more
Sammaan Capital Limited Area Collection Manager Salary 6 - 19 years exp. (26 salaries)	₹4.7 L/yr - ₹10 L/yr 27% more
Aavas Financiers Area Collection Manager Salary 2 - 8 years exp. (25 salaries)	₹3.3 L/yr - ₹6 L/yr 24% less
Capri Global Capital Area Collection Manager Salary 8 - 19 years exp. (23 salaries)	₹6.8 L/yr - ₹13.6 L/yr 78% more
SMFG India Credit Area Collection Manager Salary 5 - 18 years exp. (23 salaries)	₹3.1 L/yr - ₹8.7 L/yr 11% more
Tata Motors Finance Area Collection Manager Salary 4 - 13 years exp. (23 salaries)	₹2.5 L/yr - ₹9.1 L/yr 10% less
Piramal Capital Housing Finance Area Collection Manager Salary 10 - 19 years exp. (16 salaries)	₹9.7 L/yr - ₹16.8 L/yr 117% more
Mahindra Rural Housing Finance Area Collection Manager Salary 13 - 19 years exp. (13 salaries)	₹7.1 L/yr - ₹22 L/yr 172% more
Hero FinCorp Area Collection Manager Salary 8 - 17 years exp. (11 salaries)	₹6 L/yr - ₹10.3 L/yr 21% more

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Area Collection Manager salary at Veritas Finance ranges between ₹4.3 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Area Collection Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.7 L/yr
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8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹9.4 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.6 L/yr
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹13 L/yr

View all

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Senior Area Collection Manager Salary

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Collection Officer Salary

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Cluster Manager Salary

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Relationship Manager Salary

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Branch Receivable Manager Salary

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Salary related reviews for Veritas Finance

5.0

Rated by 1 employees for salary & benefits

Management Trainee in Indore

Full Time

Finance & Accounting Department

2.0

• posted on 14 Aug 2024

3.0

for Salary and Benefits

Likes

They always paid on time.

Dislikes

Work cultural is similar to MFI because internal promotee and external hiring both are having MFI mind state which kills potential of many skilled employees and also disbalance work life environment.

Branch Credit Manager in Kolkata

Full Time

Risk Management & Compliance Department

5.0

• posted on 21 Jul 2024

5.0

for Salary and Benefits

Likes

Veritas Finance, Salary, Holidays, Working hours are all good

Dislikes

Let the branch managers of the above labels close their eyes and make proper observations without believing. Because they are faking a lot and pushing their work on BCMs. AM SIRs should report to Branch Managers.

Assistant Branch Manager in Chennai

Full Time

Other Department

5.0

• posted on 06 Dec 2023

5.0

for Salary and Benefits

Likes

Our company is very good & respected organization. Like Covid time very helpful on time salary credited & Incentive conveyance early credited at the time festival. At the field facing customer handling & our superior bosses close relationship all are contact with easily. Veritas finance is working culture very safe & secured job.

Dislikes

Our company some applications & example LOS LMS (Customer App) every time to struck handled some difficulties. Example recent disbursement case & Renewal cases are Customer app not working properly.

Branch Credit Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 06 Dec 2023

5.0

for Salary and Benefits

Likes

Company working culture and security is very well and salary benifits also so good in the company and I have happy working with this company, No Work Pressure as such, People are Friendly, Easy reach to top management,in the company state head sir to my reporting managers they are will give me good guidance and good support t

Dislikes

Nothing else

Cluster Business Manager in Kendrapara

Full Time

Sales & Business Development Department

5.0

• posted on 15 Dec 2023

5.0

for Salary and Benefits

Likes

I enjoy my workplace. I would say really it has friendly atmosphere team work nature. All are very cooperative I like my work culture in my office. There was a perfect work life balance. I never had stress while working. Thanks to Veritas for giving me this opertunity.

Dislikes

Low pay

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Veritas Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Veritas Finance?

Area Collection Manager salary at Veritas Finance in India ranges between ₹4.3 Lakhs to ₹8.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 34% less than the average Area Collection Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Veritas Finance India.

How does the salary of a Area Collection Manager at Veritas Finance India compare with the average salary range for this job?

The average salary of a Area Collection Manager at Veritas Finance is 34% less than the average salary of a Area Collection Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Veritas Finance to a Area Collection Manager in India?

Mahindra Rural Housing Finance Area Collection Manager Salary - ₹7.1 Lakhs to ₹22.0 Lakhs per year
Aditya Birla Finance Area Collection Manager Salary - ₹9.8 Lakhs to ₹18.2 Lakhs per year
HDFC Bank Area Collection Manager Salary - ₹5.5 Lakhs to ₹22.6 Lakhs per year
Sundaram Finance Area Collection Manager Salary - ₹12.1 Lakhs to ₹15.8 Lakhs per year
Piramal Capital Housing Finance Area Collection Manager Salary - ₹9.7 Lakhs to ₹16.8 Lakhs per year

What is the salary of a Area Collection Manager in companies similar to Veritas Finance in India?

TVS Credit Area Collection Manager Salary - ₹7.1 Lakhs to ₹17.5 Lakhs per year
Bajaj Housing Finance Area Collection Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Reliance Capital Area Collection Manager Salary - ₹7.5 Lakhs to ₹11.4 Lakhs per year
Capri Global Capital Area Collection Manager Salary - ₹6.8 Lakhs to ₹13.6 Lakhs per year
Manappuram Finance Area Collection Manager Salary - ₹8.6 Lakhs to ₹17.9 Lakhs per year

What is the estimated take home salary of a Area Collection Manager at Veritas Finance in India?

The estimated take-home salary of a Area Collection Manager at Veritas Finance ranges between ₹44,194 per month to ₹45,296 per month in India. The take-home salary calculation is based on the average Veritas Finance Area Collection Manager salary in India which ranges between ₹4.3 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Collection Manager at Veritas Finance?

According to AmbitionBox, 100% of the Veritas Finance Area Collection Managers reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Veritas Finance Area Collection Manager Salaries

Veritas Finance Area Collection Manager salary in India ranges between ₹4.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Veritas Finance latest salaries received from various employees of Veritas Finance.