Veritas Finance Chennai Branch Credit Manager Salaries by 4 Employees (Updated 2024)

1 - 5 years exp.

₹2 Lakhs - ₹4 Lakhs

Salary of majority employees

28% less than the average Branch Credit Manager Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.6 L/yr
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Finance & Accounting Branch Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.5 L/yr

Last Updated: 1 May 2024

Companies similar to Veritas Finance for Branch Credit Manager in Chennai

Veritas Finance Branch Credit Manager Salary

1 - 5 years exp. (4 salaries)

₹2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Branch Credit Manager Salary 2 - 9 years exp. (5 salaries)	₹4.6 L/yr - ₹8.6 L/yr 45% more
ICICI Bank Branch Credit Manager Salary 1 - 8 years exp. (33 salaries)	₹4.5 L/yr - ₹10.5 L/yr 93% more
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Cholamandalam Investment & Finance Branch Credit Manager Salary 5 - 13 years exp. (10 salaries)	₹5.1 L/yr - ₹8.9 L/yr 68% more
Mahindra Rural Housing Finance Branch Credit Manager Salary 4 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr 32% more	1 job opening
Reliance Capital Branch Credit Manager Salary 3 - 9 years exp. (3 salaries)	₹4.9 L/yr - ₹8 L/yr 43% more
Shriram Finance Branch Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 20% more

Branch Credit Manager salary at Veritas Finance ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Branch Credit Manager salaries in Chennai

Last Updated: 1 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.1 L/yr

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

Area Credit Manager Salary

(5 salaries)

₹4.8 L/yr - ₹8 L/yr

Top skills at Veritas Finance for Branch Credit Manager

Credit Appraisal Credit Management Credit Credit Underwriting

Salary related reviews for Veritas Finance

5.0

Rated by 5 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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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 Branch Credit Manager Salary FAQs

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

Branch Credit Manager salary at Veritas Finance in Chennai ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 28% less than the average Branch Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Veritas Finance Chennai.

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

The average salary of a Branch Credit Manager at Veritas Finance is 28% less than the average salary of a Branch Credit Manager in Chennai. To know exact salary insights, login to view.

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

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

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

ICICI Bank Branch Credit Manager Salary - ₹4.5 Lakhs to ₹10.5 Lakhs per year
Cholamandalam Investment & Finance Branch Credit Manager Salary - ₹5.1 Lakhs to ₹8.9 Lakhs per year
Tata Capital Branch Credit Manager Salary - ₹4.6 Lakhs to ₹8.6 Lakhs per year
Reliance Capital Branch Credit Manager Salary - ₹4.9 Lakhs to ₹8.0 Lakhs per year
Mahindra Rural Housing Finance Branch Credit Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year

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

Shriram Finance Branch Credit Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Branch Credit Manager at Veritas Finance ranges between ₹28,735 per month to ₹30,118 per month in Chennai. The take-home salary calculation is based on the average Veritas Finance Branch Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Branch Credit Manager at Veritas Finance in Chennai?

According to AmbitionBox, 67% of the Veritas Finance Branch Credit Managers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Veritas Finance Branch Credit Manager Salaries in Chennai

Veritas Finance Branch Credit Manager salary in Chennai ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Veritas Finance latest salaries received from various employees of Veritas Finance.