Veritas Finance Kolkata Credit Manager Salaries by 7 Employees (Updated 2025)

1 - 9 years exp.

₹3.4 Lakhs - ₹5.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

47% less than the average Credit Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
Risk Management & Compliance Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.2 L/yr
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BFSI, Investments & Trading Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.6 L/yr

Last Updated: 21 Feb 2025

Companies similar to Veritas Finance for Credit Manager in Kolkata

Veritas Finance Credit Manager Salary

1 - 9 years exp. (7 salaries)

₹3.4 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Credit Manager Salary 0 - 12 years exp. (34 salaries)	₹3.2 L/yr - ₹11 L/yr 47% more
Tata Capital Credit Manager Salary 1 - 11 years exp. (25 salaries)	₹4.8 L/yr - ₹12 L/yr 84% more	6 job openings
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Aditya Birla Finance Credit Manager Salary 2 - 10 years exp. (13 salaries)	₹7 L/yr - ₹10.4 L/yr 64% more
IIFL Finance Credit Manager Salary 0 - 9 years exp. (6 salaries)	₹3.3 L/yr - ₹9.7 L/yr 38% more
Muthoot Finance Credit Manager Salary 3 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹5.3 L/yr 11% more	1 job opening
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (5 salaries)	₹6 L/yr - ₹8.5 L/yr 70% more
Manappuram Finance Credit Manager Salary 6 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹5.3 L/yr 7% less
Sammaan Capital Limited Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹8.4 L/yr 33% more
Arohan Financial Services Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹5.9 L/yr - ₹10.5 L/yr 81% more
Mahindra Finance Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹8.2 L/yr - ₹12.5 L/yr 101% more
Tata Motors Finance Credit Manager Salary 3 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹9 L/yr 96% more
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Credit Manager salary at Veritas Finance ranges between ₹3.4 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Credit Manager salaries in Kolkata

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in Veritas Finance

Sales Manager Salary

(35 salaries)

₹1.56 L/yr - ₹3.5 L/yr

Branch Credit Manager Salary

(21 salaries)

₹2.7 L/yr - ₹5.12 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹4.25 L/yr - ₹9.8 L/yr

Regional Credit Manager Salary

(4 salaries)

₹9.25 L/yr - ₹14 L/yr

Branch Manager Salary

(4 salaries)

₹3.9 L/yr - ₹4.5 L/yr

Salary related reviews for Veritas Finance

5.0

Rated by 1 employees for salary & benefits

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.

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

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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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 Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Veritas Finance in Kolkata typically ranges from ₹3.4 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Credit Manager in Kolkata at Veritas Finance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. 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 7 Veritas Finance employees in India.

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

The estimated take-home salary of a Credit Manager at Veritas Finance in Kolkata typically ranges from ₹33,160 to ₹34,427 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 1 year to 9 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 7 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 Credit Manager in India?

Mahindra Finance	₹8.2 Lakhs to ₹12.5 Lakhs per year
Tata Motors Finance	₹7.5 Lakhs to ₹9.0 Lakhs per year
Tata Capital	₹4.8 Lakhs to ₹12.0 Lakhs per year
Arohan Financial Services	₹5.9 Lakhs to ₹10.5 Lakhs per year
Poonawalla Fincorp	₹6.0 Lakhs to ₹8.5 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 Credit Manager in companies similar to Veritas Finance in Kolkata?

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

Aditya Birla Finance	₹7.0 Lakhs to ₹10.4 Lakhs per year
SMFG India Credit	₹3.2 Lakhs to ₹11.0 Lakhs per year
IIFL Finance	₹3.3 Lakhs to ₹9.7 Lakhs per year
Sammaan Capital Limited	₹4.5 Lakhs to ₹8.4 Lakhs per year
Muthoot Finance	₹4.5 Lakhs to ₹5.3 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 Credit Manager at Veritas Finance in Kolkata?

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

Experience	Average Salary Range
1 year	₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Veritas Finance Credit Manager Salaries in Kolkata

Veritas Finance Credit Manager salary in Kolkata ranges between ₹3.4 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Veritas Finance latest salaries received from various employees of Veritas Finance.