Veritas Finance Kolkata Collections Manager Salaries by 8 Employees (Updated 2025)

3 - 6 years exp.

₹1.8 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

49% less than the average Collections Manager Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 3 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Collections Manager Salary 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr
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Sales & Business Development Collections Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.4 L/yr

Last Updated: 2 Jan 2025

Companies similar to Veritas Finance for Collections Manager in Kolkata

Veritas Finance Collections Manager Salary

3 - 6 years exp. (8 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Collections Manager Salary 3 - 11 years exp. (20 salaries)	₹3.6 L/yr - ₹9.4 L/yr 104% more	15 job openings
L&T Finance Collections Manager Salary 5 - 12 years exp. (15 salaries)	₹3 L/yr - ₹6 L/yr 63% more
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TVS Credit Collections Manager Salary 4 - 12 years exp. (6 salaries)	₹4.3 L/yr - ₹6.2 L/yr 74% more
SMFG India Credit Collections Manager Salary 5 - 8 years exp. (5 salaries)	₹3 L/yr - ₹6 L/yr 62% more
Tata Motors Finance Collections Manager Salary 4 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 24% more
Aditya Birla Finance Collections Manager Salary 4 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹8.6 L/yr 121% more
IIFL Finance Collections Manager Salary 6 - 9 years exp. (3 salaries)	₹3.2 L/yr - ₹4.5 L/yr 39% more
Arohan Financial Services Collections Manager Salary 13 - 15 years exp. (3 salaries)	₹3.7 L/yr - ₹5 L/yr 39% more

Collections Manager salary at Veritas Finance ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Collections Manager salaries in Kolkata

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

From

Collections Manager

3 - 7 years exp.

Branch Receivable Manager

3 - 9 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)

₹3.9 L/yr - ₹4.5 L/yr

Salary related reviews for Veritas Finance

4.8

Rated by 2 employees for salary & benefits

Area Receivables Manager in Madurai

Full Time

Finance & Accounting Department

4.0

• posted on 04 Feb 2025

4.0

for Salary and Benefits

Likes

Company, salary, Manegement team is good

Salary - Good

+2 more

Dislikes

Local Politics is higher side in our regional head position staffs. Dummy powers in AM and ARM reason for local Politics. All decisions are take our Regional head. Pls rectify the problems.

Job security - Poor

+2 more

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.

Job security - Good

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.

Skill development - Poor

+4 more

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.

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

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.

Salary - Excellent

+6 more

Dislikes

Low pay

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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 Collections Manager Salary FAQs

What is the salary of Collections Manager at Veritas Finance in Kolkata?

The average salary of a Collections Manager at Veritas Finance in Kolkata typically ranges from ₹1.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Collections Manager in Kolkata at Veritas Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collections 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 Collections Manager at Veritas Finance in Kolkata?

The estimated take-home salary of a Collections Manager at Veritas Finance in Kolkata typically ranges from ₹21,263 to ₹22,907 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.5 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 8 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 Collections Manager in India?

Aditya Birla Finance	₹5.5 Lakhs to ₹8.6 Lakhs per year
Tata Capital	₹3.6 Lakhs to ₹9.4 Lakhs per year
TVS Credit	₹4.3 Lakhs to ₹6.2 Lakhs per year
L&T Finance	₹3.0 Lakhs to ₹6.0 Lakhs per year
SMFG India Credit	₹3.0 Lakhs to ₹6.0 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 Collections Manager in companies similar to Veritas Finance in Kolkata?

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

Arohan Financial Services	₹3.7 Lakhs to ₹5.0 Lakhs per year
IIFL Finance	₹3.2 Lakhs to ₹4.5 Lakhs per year
Tata Motors Finance	₹3.1 Lakhs to ₹4.5 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 Collections Manager at Veritas Finance in Kolkata?

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

Experience	Average Salary Range
3 years	₹1.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Veritas Finance Collections Manager Salaries in Kolkata

Veritas Finance Collections Manager salary in Kolkata ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Veritas Finance latest salaries received from various employees of Veritas Finance.