Veritas Finance Davanagere Branch Manager Salaries by 9 Employees

6 - 10 years exp.

₹4 Lakhs - ₹5.1 Lakhs

Salary of majority employees

12% less than the average Branch Manager Salary in NBFC Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 6 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹4.5 L/yr
Finance & Accounting Branch Manager Salary 7 - 9 years exp. (4 salaries)	₹4 L/yr - ₹5.1 L/yr
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Sales & Business Development Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.7 L/yr

Last Updated: 16 Mar 2023

Companies similar to Veritas Finance for Branch Manager in Davanagere

Veritas Finance Branch Manager Salary

6 - 10 years exp. (9 salaries)

₹4 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
CreditAccess Grameen Branch Manager Salary 5 - 11 years exp. (5 salaries)	₹3 L/yr - ₹5.7 L/yr 16% less
Truhome Finance Branch Manager Salary 9 - 12 years exp. (3 salaries)	₹4.4 L/yr - ₹8.4 L/yr 54% more
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Fortune Integrated Assets Finance Branch Manager Salary 5 - 13 years exp. (3 salaries)	₹5.5 L/yr - ₹6.5 L/yr 23% more
Klm Axiva Finvest Branch Manager Salary 5 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹4.8 L/yr 25% less
Belstar Investment and Finance Branch Manager Salary 10 - 11 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 25% less

Branch Manager salary at Veritas Finance ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Branch Manager salaries in Davanagere

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.7 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.8 L/yr
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8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.9 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9 L/yr

Salary related reviews for Veritas Finance

4.0

Rated by 1 employees for salary & benefits

Assistant Branch Manager in Chennai

Full Time

Other Department

5.0

• posted on 06 Dec 2023

5.0

for Salary and Benefits

Likes

Our company is very good & respected organization. Like Covid time very helpful on time salary credited & Incentive conveyance early credited at the time festival. At the field facing customer handling & our superior bosses close relationship all are contact with easily. Veritas finance is working culture very safe & secured job.

Salary - Excellent

+6 more

Dislikes

Our company some applications & example LOS LMS (Customer App) every time to struck handled some difficulties. Example recent disbursement case & Renewal cases are Customer app not working properly.

Senior Sales Manager in Shujalpur

Full Time

Sales & Business Development Department

1.0

• posted on 01 Sep 2023

3.0

for Salary and Benefits

Likes

The Company Veritas Culture is Best in the industry. Good Salary Given by Company and Easy Policy. Good Office Timing,

Dislikes

In the Home Branch Work Environment is Very Bad and The Supervisor talking Manners is Very Bad. He Told in the Con call so I 'm Very Frustrated.

Job security - Bad

+4 more

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

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Veritas Finance Branch Manager Salary FAQs

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

The average salary of a Branch Manager at Veritas Finance in Davanagere typically ranges from ₹4.0 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Branch Manager in Davanagere at Veritas Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Branch 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 9 Veritas Finance employees in India.

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

The estimated take-home salary of a Branch Manager at Veritas Finance in Davanagere typically ranges from ₹37,071 to ₹38,280 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 6 years to 10 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 9 salaries received from various employees of Veritas Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Truhome Finance	₹4.4 Lakhs to ₹8.4 Lakhs per year
Fortune Integrated Assets Finance	₹5.5 Lakhs to ₹6.5 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 Manager in companies similar to Veritas Finance in Davanagere?

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

CreditAccess Grameen	₹3.0 Lakhs to ₹5.7 Lakhs per year
Klm Axiva Finvest	₹3.6 Lakhs to ₹4.8 Lakhs per year
Belstar Investment and Finance	₹3.0 Lakhs to ₹3.8 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 Manager at Veritas Finance in Davanagere?

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

Experience	Average Salary Range
6 years	₹4.5 Lakhs to ₹8.7 Lakhs per year
7 years	₹4.0 Lakhs to ₹8.8 Lakhs per year
8 years	₹4.3 Lakhs to ₹8.9 Lakhs per year
9 years	₹4.2 Lakhs to ₹8.9 Lakhs per year

and so on.

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Veritas Finance Branch Manager Salaries in Davanagere

Veritas Finance Branch Manager salary in Davanagere ranges between ₹4 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Veritas Finance latest salaries received from various employees of Veritas Finance.