Veritas Finance Madurai Branch Credit Manager Salaries by 8 Employees

0 - 8 years exp.

₹2.1 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Branch Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Branch Credit Manager Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr
BFSI, Investments & Trading Branch Credit Manager Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.5 L/yr
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Risk Management & Compliance Branch Credit Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 2 Aug 2023

Companies similar to Veritas Finance for Branch Credit Manager in Madurai

Veritas Finance Branch Credit Manager Salary

0 - 8 years exp. (8 salaries)

₹2.1 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Piramal Capital Housing Finance Branch Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 66% more
IIFL Finance Branch Credit Manager Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 20% less
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IDFC FIRST Bharat Branch Credit Manager Salary 3 - 11 years exp. (17 salaries)	₹3.2 L/yr - ₹6.8 L/yr 37% more
IIFL SAMASTA Branch Credit Manager Salary 1 - 3 years exp. (6 salaries)	₹2 L/yr - ₹2.8 L/yr 33% less
Equitas Small Finance Bank Branch Credit Manager Salary 3 - 9 years exp. (6 salaries)	₹2.9 L/yr - ₹6.4 L/yr 45% more	35 job openings

Branch Credit Manager salary at Veritas Finance ranges between ₹2.1 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Branch Credit Manager salaries in Madurai

Last Updated: 2 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

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From

Branch Credit Manager

0 - 9 years exp.

Area Credit Manager

5 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Veritas Finance

Branch Manager Salary

(4 salaries)

₹3.8 L/yr - ₹5.46 L/yr

Top skills at Veritas Finance for Branch Credit Manager

Credit Appraisal Credit Management Credit Credit Underwriting

Salary related reviews for Veritas Finance

4.0

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Veritas Finance Branch Credit Manager Salary FAQs

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

The average salary of a Branch Credit Manager at Veritas Finance in Madurai typically ranges from ₹2.1 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Branch Credit Manager in Madurai at Veritas Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Branch Credit Manager Salaries at Veritas Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 Veritas Finance employees in India.

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

The estimated take-home salary of a Branch Credit Manager at Veritas Finance in Madurai typically ranges from ₹28,807 to ₹30,189 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Veritas Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Credit Manager at Veritas Finance in Madurai?

To be a Branch Credit Manager at Veritas Finance in Madurai, the key skills required include:

- Credit Appraisal
- Credit Management
- Credit
- Credit Underwriting

These skills are highly valued at Veritas Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Veritas Finance for Branch Credit Manager in India?

Piramal Capital Housing Finance	₹3.5 Lakhs to ₹7.0 Lakhs per year
Equitas Small Finance Bank	₹2.9 Lakhs to ₹6.4 Lakhs per year
IDFC FIRST Bharat	₹3.2 Lakhs to ₹6.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Veritas Finance, depending on the role and experience level.

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

The salary of a Branch Credit Manager at companies similar to Veritas Finance in Madurai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹2.0 Lakhs to ₹3.8 Lakhs per year
IIFL SAMASTA	₹2.0 Lakhs to ₹2.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Branch Credit Manager at Veritas Finance in Madurai?

The salary growth for a Branch Credit Manager at Veritas Finance in Madurai depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager in Madurai can expect the following growth trajectory at Veritas Finance:

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹4.1 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Veritas Finance Branch Credit Manager Salaries in Madurai

Veritas Finance Branch Credit Manager salary in Madurai ranges between ₹2.1 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Veritas Finance latest salaries received from various employees of Veritas Finance.