Veritas Finance Salem Area Credit Manager Salaries by 5 Employees (Updated 2025)

5 - 12 years exp.

₹6 Lakhs - ₹8 Lakhs

Salary of majority employees

47% 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 11 - 12 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7 L/yr
Risk Management & Compliance Area Credit Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Area Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹8 L/yr

Last Updated: 28 Jan 2025

Companies similar to Veritas Finance for Area Credit Manager in Salem

Veritas Finance Area Credit Manager Salary

5 - 12 years exp. (5 salaries)

₹6 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Area Credit Manager Salary 10 - 13 years exp. (4 salaries)	₹12 L/yr - ₹17.3 L/yr 112% more
Kotak Mahindra Bank Area Credit Manager Salary 7 - 12 years exp. (3 salaries)	₹6.8 L/yr - ₹17.1 L/yr 114% more
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Cholamandalam Investment & Finance Area Credit Manager Salary 12 - 14 years exp. (3 salaries)	₹8.6 L/yr - ₹11.7 L/yr 61% more
CreditAccess Grameen Area Credit Manager Salary 10 - 11 years exp. (3 salaries)	₹4.7 L/yr - ₹9.7 L/yr 21% more

Area Credit Manager salary at Veritas Finance ranges between ₹6 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 Salem

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.9 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
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7 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.2 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.1 L/yr

View all

Similar Designation salaries in Veritas Finance

Sales Manager Salary

(8 salaries)

₹1.9 L/yr - ₹3 L/yr

Credit Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.54 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

3.0

Rated by 1 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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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Veritas Finance Area Credit Manager Salary FAQs

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

Area Credit Manager salary at Veritas Finance in Salem ranges between ₹6.0 Lakhs to ₹8.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 47% 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 Salem.

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

The average salary of a Area Credit Manager at Veritas Finance is 47% less than the average salary of a Area Credit Manager in Salem. 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 Salem.

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

Kotak Mahindra Bank Area Credit Manager Salary - ₹6.8 Lakhs to ₹17.1 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹12.0 Lakhs to ₹17.3 Lakhs per year
Cholamandalam Investment & Finance Area Credit Manager Salary - ₹8.6 Lakhs to ₹11.7 Lakhs per year
CreditAccess Grameen Area Credit Manager Salary - ₹4.7 Lakhs to ₹9.7 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Veritas Finance ranges between ₹52,031 per month to ₹54,380 per month in Salem. The take-home salary calculation is based on the average Veritas Finance Area Credit Manager salary in India which ranges between ₹6.0 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 Salem?

According to AmbitionBox, 75% of the Veritas Finance Area Credit Managers in Salem reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Veritas Finance Area Credit Manager Salaries in Salem

Veritas Finance Area Credit Manager salary in Salem ranges between ₹6 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.