Veritas Finance Visakhapatnam Branch Credit Manager Salaries by 5 Employees (Updated 2025)

3 - 6 years exp.

₹3.8 Lakhs - ₹5.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% less than the average Branch Credit Manager Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.4 L/yr
Customer Success, Service & Operations Branch Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
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Finance & Accounting Branch Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Risk Management & Compliance Branch Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 28 Jan 2025

Companies similar to Veritas Finance for Branch Credit Manager in Visakhapatnam

Veritas Finance Branch Credit Manager Salary

3 - 6 years exp. (5 salaries)

₹3.8 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Equitas Small Finance Bank Branch Credit Manager Salary 5 - 12 years exp. (4 salaries)	₹4.2 L/yr - ₹6.5 L/yr 33% more	48 job openings
SBFC Finance Branch Credit Manager Salary 0 - 3 years exp. (4 salaries)	₹3.5 L/yr - ₹4.3 L/yr 12% less
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Apac Housing Finance Branch Credit Manager Salary 6 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹5.4 L/yr 1% less
Truhome Finance Branch Credit Manager Salary 6 - 10 years exp. (3 salaries)	₹4.6 L/yr - ₹5.3 L/yr 19% more
Indostar Capital Finance Branch Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹5.2 L/yr 4% more

Branch Credit Manager salary at Veritas Finance ranges between ₹3.8 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Branch Credit Manager salaries in Visakhapatnam

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (3 salaries)	₹4.5 L/yr - ₹5.4 L/yr

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.

Top skills at Veritas Finance for Branch Credit Manager

Credit Appraisal Credit Management Credit Credit Underwriting

Salary related reviews for Veritas Finance

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Option 2

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Veritas Finance Branch Credit Manager Salary FAQs

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

The average salary of a Branch Credit Manager at Veritas Finance in Visakhapatnam typically ranges from ₹3.8 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Branch Credit Manager in Visakhapatnam at Veritas Finance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 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 5 Veritas Finance employees in India.

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

The estimated take-home salary of a Branch Credit Manager at Veritas Finance in Visakhapatnam typically ranges from ₹33,025 to ₹34,294 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 3 years to 6 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 5 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 Visakhapatnam?

To be a Branch Credit Manager at Veritas Finance in Visakhapatnam, 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?

Equitas Small Finance Bank	₹4.2 Lakhs to ₹6.5 Lakhs per year
Truhome Finance	₹4.6 Lakhs to ₹5.3 Lakhs per year
Indostar Capital Finance	₹3.8 Lakhs to ₹5.2 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 Visakhapatnam?

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

Apac Housing Finance	₹3.6 Lakhs to ₹5.4 Lakhs per year
SBFC Finance	₹3.5 Lakhs to ₹4.3 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 Visakhapatnam?

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

Experience	Average Salary Range
3 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
5 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.4 Lakhs per year

and so on.

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Veritas Finance Branch Credit Manager Salaries in Visakhapatnam

Veritas Finance Branch Credit Manager salary in Visakhapatnam ranges between ₹3.8 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Veritas Finance latest salaries received from various employees of Veritas Finance.