Veritas Finance Area Credit Manager Salaries by 50+ Employees (Updated 2025)

5 - 12 years exp.

₹4.4 Lakhs - ₹10 Lakhs

Salary of majority employees

43% less than the average Area Credit Manager Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 5 - 12 years exp. (27 salaries)	₹4.4 L/yr - ₹10 L/yr
BFSI, Investments & Trading Area Credit Manager Salary 5 - 11 years exp. (16 salaries)	₹4.5 L/yr - ₹8.7 L/yr
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Risk Management & Compliance Area Credit Manager Salary 5 - 8 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr
Customer Success, Service & Operations Area Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹5.8 L/yr - ₹7.6 L/yr

Last Updated: 27 Feb 2025

Companies similar to Veritas Finance for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Credit Manager Salary 3 - 12 years exp. (90 salaries)	₹4 L/yr - ₹16.7 L/yr 42% more
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (138 salaries)	₹8 L/yr - ₹27.5 L/yr 149% more	8 job openings
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Mahindra Finance Area Credit Manager Salary 7 - 9 years exp. (5 salaries)	₹5.5 L/yr - ₹14 L/yr 45% more
Aditya Birla Finance Area Credit Manager Salary 6 - 13 years exp. (110 salaries)	₹8.1 L/yr - ₹21.5 L/yr 107% more
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (129 salaries)	₹6 L/yr - ₹20 L/yr 94% more
HDFC Bank Area Credit Manager Salary 5 - 18 years exp. (227 salaries)	₹8 L/yr - ₹30 L/yr 164% more
ICICI Bank Area Credit Manager Salary 2 - 14 years exp. (376 salaries)	₹5.3 L/yr - ₹21.7 L/yr 87% more
Axis Bank Area Credit Manager Salary 5 - 14 years exp. (303 salaries)	₹6.5 L/yr - ₹22.8 L/yr 115% more
Kotak Mahindra Bank Area Credit Manager Salary 5 - 15 years exp. (95 salaries)	₹6.5 L/yr - ₹24 L/yr 124% more
Yes Bank Area Credit Manager Salary 5 - 14 years exp. (44 salaries)	₹9 L/yr - ₹19.7 L/yr 120% more
Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (251 salaries)	₹6.2 L/yr - ₹20 L/yr 78% more
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Poonawalla Fincorp Area Credit Manager Salary 4 - 13 years exp. (159 salaries)	₹5.6 L/yr - ₹20.8 L/yr 87% more
Aavas Financiers Area Credit Manager Salary 4 - 16 years exp. (84 salaries)	₹5 L/yr - ₹14 L/yr 39% more	1 job opening
Piramal Capital Housing Finance Area Credit Manager Salary 3 - 12 years exp. (68 salaries)	₹8.3 L/yr - ₹17 L/yr 94% more
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (55 salaries)	₹6 L/yr - ₹16 L/yr 62% more
Sammaan Capital Limited Area Credit Manager Salary 4 - 15 years exp. (48 salaries)	₹5.9 L/yr - ₹14.1 L/yr 47% more
SMFG India Credit Area Credit Manager Salary 5 - 14 years exp. (41 salaries)	₹6 L/yr - ₹23.7 L/yr 108% more
Mahindra Rural Housing Finance Area Credit Manager Salary 6 - 18 years exp. (35 salaries)	₹5.6 L/yr - ₹14.3 L/yr 27% more	1 job opening
IIFL Finance Area Credit Manager Salary 3 - 11 years exp. (32 salaries)	₹5.2 L/yr - ₹19.2 L/yr 56% more
Capri Global Capital Area Credit Manager Salary 5 - 15 years exp. (28 salaries)	₹7.5 L/yr - ₹12 L/yr 40% more

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Area Credit Manager salary at Veritas Finance ranges between ₹4.4 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 56 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Area Credit Manager salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
5 years (7 salaries)	₹4.3 L/yr - ₹11.7 L/yr
6 years (9 salaries)	₹4.3 L/yr - ₹6.6 L/yr
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7 years (7 salaries)	₹4.4 L/yr - ₹7 L/yr
8 years (16 salaries)	₹4.6 L/yr - ₹8.5 L/yr
9 years (6 salaries)	₹5.5 L/yr - ₹8.7 L/yr
10 years (4 salaries)	₹4.4 L/yr - ₹10 L/yr
11 years (4 salaries)	₹6 L/yr - ₹8.5 L/yr
12 years (3 salaries)	₹6.5 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Veritas Finance

Branch Credit Manager Salary

(212 salaries)

₹2.05 L/yr - ₹5.8 L/yr

Credit Manager Salary

(64 salaries)

₹2.75 L/yr - ₹5.85 L/yr

Cluster Credit Manager Salary

(6 salaries)

₹4.25 L/yr - ₹9.8 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Regional Credit Manager Salary

(8 salaries)

₹9.25 L/yr - ₹14 L/yr

Assistant Credit Manager Salary

(7 salaries)

₹3.95 L/yr - ₹4.76 L/yr

Branch Manager Salary

(133 salaries)

₹3.25 L/yr - ₹7.2 L/yr

Sales Manager Salary

(281 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Credit Officer Salary

(10 salaries)

₹1.6 L/yr - ₹4.16 L/yr

Relationship Manager Salary

(27 salaries)

₹2.4 L/yr - ₹3.8 L/yr

Top skills at Veritas Finance for Area Credit Manager

Credit Appraisal Credit Management Credit Credit Underwriting Underwriting

Salary related reviews for Veritas Finance

4.5

Rated by 41 employees for salary & benefits

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

Salary - Excellent

+6 more

Dislikes

Nothing else

Credit Manager in Medininagar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Feb 2022

4.0

for Salary and Benefits

Likes

...agement is transparent.There is a huge cafereria anf gaming arcade for chilling.Company pilicies are good,appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.Salary is decent but career growth is slow.There is a bond of 1 year before which you cannot resign.On the job training is not given to new joinees.

Sales Manager in Davanagere

Sales & Business Development Department

3.0

• posted on 08 Apr 2022

4.0

for Salary and Benefits

Likes

Job security was good, work culture was not bad, management was good, company polices are also good.

Salary - Good

+2 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but carrre growth is slow.

Skill development - Poor

Sales Manager in Coimbatore

Marketing & Communication Department

3.0

• posted on 20 Sep 2020

2.0

for Salary and Benefits

Likes

Friendly staffs

Job security - Good

Dislikes

No career growth as well as salary.i am studied pg but I am only the slowest salary holder in the whole branch.persons who joined after me and only completing ug degree and also a fresher has high salary compare to me.please change the salary bases to the persons according to his education qualification.

Salary - Poor

+5 more

Sales Manager in Tadepalligudem

Sales & Marketing Department

4.0

• posted on 30 Jun 2020

5.0

for Salary and Benefits

Likes

Veritas finance pvt LIMITED is good company and lock down also absolute 100 % my salary is credit on time and 100% job security THANKS TO OUR MD SIR AND MANAGEMENT VERITAS FINANCE PVT LIMITED

Salary - Excellent

+6 more

Dislikes

My branch manager giving support my work we are like our family members

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Veritas Finance Area Credit Manager Salary FAQs

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

Area Credit Manager salary at Veritas Finance in India ranges between ₹4.4 Lakhs to ₹10.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 43% less than the average Area Credit Manager Salary in India. Salary estimates are based on 56 latest salaries received from various employees of Veritas Finance India.

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

The average salary of a Area Credit Manager at Veritas Finance is 43% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Veritas Finance?

Credit Appraisal, Credit Management, Credit, Credit Underwriting and Underwriting are some of the popular skills required to work as a Area Credit Manager at Veritas Finance India.

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

HDFC Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹27.5 Lakhs per year
Reliance Capital Area Credit Manager Salary - ₹8.9 Lakhs to ₹19.0 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
Yes Bank Area Credit Manager Salary - ₹9.0 Lakhs to ₹19.7 Lakhs per year

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

Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹22.8 Lakhs per year
Shriram Finance Area Credit Manager Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit Area Credit Manager Salary - ₹6.0 Lakhs to ₹23.7 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹8.1 Lakhs to ₹21.5 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Veritas Finance ranges between ₹52,346 per month to ₹53,579 per month in India. The take-home salary calculation is based on the average Veritas Finance Area Credit Manager salary in India which ranges between ₹4.4 Lakhs to ₹10.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 86% of the Veritas Finance Area Credit Managers reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 64 responses on AmbitionBox in last 2 years.

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Veritas Finance Area Credit Manager Salaries

Veritas Finance Area Credit Manager salary in India ranges between ₹4.4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 56 Veritas Finance latest salaries received from various employees of Veritas Finance.