Veritas Finance Collections Manager Salaries by 40+ Employees (Updated 2025)

2 - 7 years exp.

₹1.8 Lakh - ₹3.6 Lakhs

Salary of majority employees

50% less than the average Collections Manager Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 2 - 7 years exp. (20 salaries)	₹2 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Collections Manager Salary 2 - 7 years exp. (8 salaries)	₹1.8 L/yr - ₹3.5 L/yr
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Sales & Business Development Collections Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.4 L/yr

Last Updated: 2 Jan 2025

Companies similar to Veritas Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (265 salaries)	₹1.3 L/yr - ₹8.1 L/yr 67% more
Tata Capital Collections Manager Salary 3 - 12 years exp. (322 salaries)	₹2.4 L/yr - ₹10.8 L/yr 119% more	17 job openings
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Muthoot Finance Collections Manager Salary 4 - 10 years exp. (11 salaries)	₹2.2 L/yr - ₹5.5 L/yr 58% more	2 job openings
L&T Finance Collections Manager Salary 4 - 12 years exp. (171 salaries)	₹2.4 L/yr - ₹9 L/yr 122% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (78 salaries)	₹1.5 L/yr - ₹5.5 L/yr 35% more
HDFC Bank Collections Manager Salary 0 - 18 years exp. (866 salaries)	₹2 L/yr - ₹11.1 L/yr 135% more	4 job openings
Hero FinCorp Collections Manager Salary 4 - 16 years exp. (290 salaries)	₹2.4 L/yr - ₹10.2 L/yr 140% more
SMFG India Credit Collections Manager Salary 4 - 11 years exp. (186 salaries)	₹2 L/yr - ₹7.7 L/yr 75% more
Shriram Finance Collections Manager Salary 4 - 11 years exp. (189 salaries)	₹1.5 L/yr - ₹6 L/yr 46% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 8 years exp. (129 salaries)	₹1.2 L/yr - ₹5.5 L/yr At par

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Collections Manager salary at Veritas Finance ranges between ₹1.8 Lakh to ₹3.6 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 48 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Collections Manager salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
2 years (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr
3 years (11 salaries)	₹1.8 L/yr - ₹3.5 L/yr
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4 years (11 salaries)	₹2 L/yr - ₹3.5 L/yr
5 years (8 salaries)	₹2 L/yr - ₹3.6 L/yr
6 years (8 salaries)	₹2.5 L/yr - ₹3.6 L/yr
7 years (4 salaries)	₹2.6 L/yr - ₹3.1 L/yr

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Similar Designation salaries in Veritas Finance

Collection Officer Salary

(3 salaries)

₹2.3 L/yr - ₹3 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Branch Collection Manager Salary

(5 salaries)

₹2.5 L/yr - ₹3.7 L/yr

Cluster Manager Salary

(4 salaries)

₹4.7 L/yr - ₹9.2 L/yr

Relationship Manager Salary

(21 salaries)

₹2.2 L/yr - ₹4 L/yr

Branch Manager Salary

(134 salaries)

₹3.3 L/yr - ₹7.2 L/yr

Area Manager Salary

(16 salaries)

₹6 L/yr - ₹9.6 L/yr

Deputy Manager Salary

(7 salaries)

₹4.91 L/yr - ₹8 L/yr

Senior Area Collection Manager Salary

(4 salaries)

₹7.5 L/yr - ₹14.5 L/yr

Branch Receivable Manager Salary

(8 salaries)

₹2.8 L/yr - ₹3.82 L/yr

Salary related reviews for Veritas Finance

4.6

Rated by 33 employees for salary & benefits

Management Trainee in Indore

Full Time

Finance & Accounting Department

2.0

• posted on 14 Aug 2024

3.0

for Salary and Benefits

Likes

They always paid on time.

Dislikes

Work cultural is similar to MFI because internal promotee and external hiring both are having MFI mind state which kills potential of many skilled employees and also disbalance work life environment.

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.

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.

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.

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

Cluster Business Manager in Kendrapara

Full Time

Sales & Business Development Department

5.0

• posted on 15 Dec 2023

5.0

for Salary and Benefits

Likes

I enjoy my workplace. I would say really it has friendly atmosphere team work nature. All are very cooperative I like my work culture in my office. There was a perfect work life balance. I never had stress while working. Thanks to Veritas for giving me this opertunity.

Dislikes

Low pay

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Veritas Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Veritas Finance?

Collections Manager salary at Veritas Finance in India ranges between ₹1.8 Lakhs to ₹3.6 Lakhs for experience between 2 years to 7 years. According to our estimates it is 50% less than the average Collections Manager Salary in India. Salary estimates are based on 48 latest salaries received from various employees of Veritas Finance India.

How does the salary of a Collections Manager at Veritas Finance India compare with the average salary range for this job?

The average salary of a Collections Manager at Veritas Finance is 50% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Veritas Finance to a Collections Manager in India?

Hero FinCorp Collections Manager Salary - ₹2.4 Lakhs to ₹10.2 Lakhs per year
Aditya Birla Finance Collections Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
Poonawalla Fincorp Collections Manager Salary - ₹3.0 Lakhs to ₹9.8 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Collections Manager in companies similar to Veritas Finance in India?

Bajaj Housing Finance Collections Manager Salary - ₹4.0 Lakhs to ₹8.3 Lakhs per year
Tata Capital Collections Manager Salary - ₹2.4 Lakhs to ₹10.8 Lakhs per year
Piramal Capital Housing Finance Collections Manager Salary - ₹2.5 Lakhs to ₹9.2 Lakhs per year
Reliance Capital Collections Manager Salary - ₹4.5 Lakhs to ₹6.6 Lakhs per year
TVS Credit Collections Manager Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Collections Manager at Veritas Finance in India?

The estimated take-home salary of a Collections Manager at Veritas Finance ranges between ₹19,473 per month to ₹21,145 per month in India. The take-home salary calculation is based on the average Veritas Finance Collections Manager salary in India which ranges between ₹1.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Veritas Finance?

According to AmbitionBox, 79% of the Veritas Finance Collections Managers reported a notice period of 1 Month, 14% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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Veritas Finance Collections Manager Salaries by Location

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Veritas Finance Collections Manager Salaries

Veritas Finance Collections Manager salary in India ranges between ₹1.8 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Veritas Finance latest salaries received from various employees of Veritas Finance.

Veritas Finance Collections Manager salaries in India

Companies similar to Veritas Finance for Collections Manager

Latest annual salaries shared by Veritas Finance Collections Manager

Experience wise Veritas Finance Collections Manager salaries

Similar Designation salaries in Veritas Finance

Salary related reviews for Veritas Finance

Management Trainee in Indore

Branch Credit Manager in Kolkata

Assistant Branch Manager in Chennai

Branch Credit Manager in Hyderabad / Secunderabad

Cluster Business Manager in Kendrapara

Veritas Finance Collections Manager Salary FAQs

Tell us how to improve this page.

Veritas Finance Collections Manager Salaries by Location