Veritas Finance Chennai Area Credit Manager Salaries by 5 Employees (Updated 2024)

5 - 12 years exp.

₹4.8 Lakhs - ₹8 Lakhs

Salary of majority employees

46% 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. (3 salaries)	₹4.8 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Area Credit Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.2 L/yr

Last Updated: 9 Sep 2024

Companies similar to Veritas Finance for Area Credit Manager in Chennai

Veritas Finance Area Credit Manager Salary

5 - 12 years exp. (5 salaries)

₹4.8 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (11 salaries)	₹12.2 L/yr - ₹19.5 L/yr 167% more	14 job openings
Mahindra Finance Area Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹14 L/yr 30% more
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Aditya Birla Finance Area Credit Manager Salary 6 - 14 years exp. (6 salaries)	₹10.8 L/yr - ₹18 L/yr 94% more
L&T Finance Area Credit Manager Salary 3 - 12 years exp. (9 salaries)	₹10.3 L/yr - ₹13.5 L/yr 93% more
HDFC Bank Area Credit Manager Salary 8 - 14 years exp. (4 salaries)	₹8 L/yr - ₹19.7 L/yr 166% more
ICICI Bank Area Credit Manager Salary 1 - 13 years exp. (40 salaries)	₹4.6 L/yr - ₹18 L/yr 51% more
Axis Bank Area Credit Manager Salary 6 - 14 years exp. (11 salaries)	₹8 L/yr - ₹18.2 L/yr 115% more
Poonawalla Fincorp Area Credit Manager Salary 5 - 14 years exp. (7 salaries)	₹4.8 L/yr - ₹10 L/yr 45% more	3 job openings
Cholamandalam Investment & Finance Area Credit Manager Salary 7 - 16 years exp. (6 salaries)	₹10 L/yr - ₹13.5 L/yr 74% more
Hero FinCorp Area Credit Manager Salary 5 - 12 years exp. (4 salaries)	₹9 L/yr - ₹14 L/yr 104% more
Piramal Capital Housing Finance Area Credit Manager Salary 7 - 10 years exp. (4 salaries)	₹9.4 L/yr - ₹16 L/yr 92% more
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Area Credit Manager salary at Veritas Finance ranges between ₹4.8 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Area Credit Manager salaries in Chennai

Last Updated: 9 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹11.4 L/yr
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7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.5 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
12 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Veritas Finance

Sales Manager Salary

(11 salaries)

₹2.1 L/yr - ₹3.22 L/yr

Credit Officer Salary

(8 salaries)

₹1.6 L/yr - ₹4 L/yr

Branch Credit Manager Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Relationship Manager Salary

(3 salaries)

₹3.01 L/yr - ₹3.5 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

5.0

Rated by 3 employees for salary & benefits

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.

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

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.

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.

Dislikes

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

Sales Manager in Coimbatore

Marketing & Communication Department

3.0

• posted on 20 Sep 2020

2.0

for Salary and Benefits

Likes

Friendly staffs

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.

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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 Credit Manager Salary FAQs

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

Area Credit Manager salary at Veritas Finance in Chennai ranges between ₹4.8 Lakhs to ₹8.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 46% less than the average Area Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Veritas Finance Chennai.

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

The average salary of a Area Credit Manager at Veritas Finance is 46% less than the average salary of a Area Credit Manager in Chennai. 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 Chennai.

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

Tata Capital Area Credit Manager Salary - ₹12.2 Lakhs to ₹19.5 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹19.7 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹18.2 Lakhs per year
Hero FinCorp Area Credit Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹10.8 Lakhs to ₹18.0 Lakhs per year

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

L&T Finance Area Credit Manager Salary - ₹10.3 Lakhs to ₹13.5 Lakhs per year
Piramal Capital Housing Finance Area Credit Manager Salary - ₹9.4 Lakhs to ₹16.0 Lakhs per year
Cholamandalam Investment & Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹4.6 Lakhs to ₹18.0 Lakhs per year
Poonawalla Fincorp Area Credit Manager Salary - ₹4.8 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Veritas Finance ranges between ₹52,365 per month to ₹53,598 per month in Chennai. The take-home salary calculation is based on the average Veritas Finance Area Credit Manager salary in India which ranges between ₹4.8 Lakhs to ₹8.0 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 in Chennai?

According to AmbitionBox, 100% of the Veritas Finance Area Credit Managers in Chennai reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Veritas Finance Area Credit Manager Salaries in Chennai

Veritas Finance Area Credit Manager salary in Chennai ranges between ₹4.8 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Veritas Finance latest salaries received from various employees of Veritas Finance.