Veritas Finance Credit Officer Salaries by 10 Employees

0 - 3 years exp.

₹1.6 Lakh - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Credit Officer Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 1 - 3 years exp. (6 salaries)	₹1.6 L/yr - ₹3 L/yr
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Finance & Accounting Credit Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4 L/yr

Last Updated: 13 Mar 2023

Companies similar to Veritas Finance for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Credit Officer Salary 1 - 5 years exp. (8 salaries)	₹1.7 L/yr - ₹2.4 L/yr 22% less
Shriram Finance Credit Officer Salary 0 - 7 years exp. (159 salaries)	₹1.2 L/yr - ₹4.5 L/yr At par
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Bajaj Finance Credit Officer Salary 0 - 5 years exp. (38 salaries)	₹1.9 L/yr - ₹5.5 L/yr 29% more
Mahindra Finance Credit Officer Salary 0 - 7 years exp. (33 salaries)	₹1.5 L/yr - ₹3.6 L/yr 4% less
Cholamandalam Investment & Finance Credit Officer Salary 0 - 8 years exp. (121 salaries)	₹1.7 L/yr - ₹3.9 L/yr 4% more
L&T Finance Credit Officer Salary 0 - 5 years exp. (48 salaries)	₹1.5 L/yr - ₹4 L/yr 18% more
HDFC Bank Credit Officer Salary 1 - 8 years exp. (252 salaries)	₹1.5 L/yr - ₹4 L/yr 6% less
Tata Capital Credit Officer Salary 0 - 5 years exp. (20 salaries)	₹2.5 L/yr - ₹5 L/yr 18% more	1 job opening
Aditya Birla Finance Credit Officer Salary 0 - 7 years exp. (66 salaries)	₹2.4 L/yr - ₹4.6 L/yr 29% more
Mahindra Rural Housing Finance Credit Officer Salary 0 - 6 years exp. (199 salaries)	₹1.2 L/yr - ₹4 L/yr 1% less
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (164 salaries)	₹1.3 L/yr - ₹4 L/yr 5% more
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Aye Finance Credit Officer Salary 0 - 7 years exp. (153 salaries)	₹2.2 L/yr - ₹4 L/yr 10% more
Sammaan Capital Limited Credit Officer Salary 0 - 6 years exp. (132 salaries)	₹1.8 L/yr - ₹3.9 L/yr 4% more
SMFG India Credit Credit Officer Salary 0 - 6 years exp. (99 salaries)	₹1 L/yr - ₹4.5 L/yr 5% more
IIFL Finance Credit Officer Salary 1 - 7 years exp. (56 salaries)	₹1.4 L/yr - ₹4.2 L/yr 5% more
Aavas Financiers Credit Officer Salary 1 - 5 years exp. (53 salaries)	₹1.2 L/yr - ₹4.5 L/yr 13% more
Capri Global Capital Credit Officer Salary 0 - 6 years exp. (42 salaries)	₹1.5 L/yr - ₹3.7 L/yr 1% less
Five-Star Business Finance Credit Officer Salary 0 - 6 years exp. (34 salaries)	₹2.3 L/yr - ₹4 L/yr 12% more
Manappuram Finance Credit Officer Salary 1 - 11 years exp. (25 salaries)	₹2.2 L/yr - ₹4.5 L/yr 25% more
Piramal Capital Housing Finance Credit Officer Salary 1 - 7 years exp. (25 salaries)	₹1.9 L/yr - ₹6.4 L/yr 30% more

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Credit Officer salary at Veritas Finance ranges between ₹1.6 Lakh to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 10 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Credit Officer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr
1 year (3 salaries)	₹2.3 L/yr - ₹4 L/yr
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2 years (4 salaries)	₹1.6 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.9 L/yr

Similar Designation salaries in Veritas Finance

Credit Manager Salary

(66 salaries)

₹2.75 L/yr - ₹5.85 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Credit Analyst Salary

(3 salaries)

₹4 L/yr - ₹4.2 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Area Credit Manager Salary

(54 salaries)

₹3 L/yr - ₹8.73 L/yr

Branch Manager Salary

(138 salaries)

₹3.25 L/yr - ₹7.2 L/yr

Deputy Manager Salary

(7 salaries)

₹4.91 L/yr - ₹8 L/yr

Sales Manager Salary

(135 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Salary related reviews for Veritas Finance

4.0

Rated by 3 employees for salary & benefits

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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Veritas Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Veritas Finance ?

The average salary of a Credit Officer at Veritas Finance in India typically ranges from ₹1.6 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Credit Officer at Veritas Finance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Credit Officer 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 10 Veritas Finance employees in India.

What is the estimated take home salary of a Credit Officer at Veritas Finance in India?

The estimated take-home salary of a Credit Officer at Veritas Finance in India typically ranges from ₹19,427 to ₹21,099 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 3 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 10 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 Officer in India?

Piramal Capital Housing Finance	₹1.9 Lakhs to ₹6.4 Lakhs per year
Aditya Birla Finance	₹2.4 Lakhs to ₹4.6 Lakhs per year
Bajaj Finance	₹1.9 Lakhs to ₹5.5 Lakhs per year
Manappuram Finance	₹2.2 Lakhs to ₹4.5 Lakhs per year
Tata Capital	₹2.5 Lakhs to ₹5.0 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 Credit Officer in companies similar to Veritas Finance in India?

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

L&T Finance	₹1.5 Lakhs to ₹4.0 Lakhs per year
Poonawalla Fincorp	₹2.4 Lakhs to ₹3.5 Lakhs per year
Aavas Financiers	₹1.2 Lakhs to ₹4.5 Lakhs per year
Five-Star Business Finance	₹2.3 Lakhs to ₹4.0 Lakhs per year
Aye Finance	₹2.2 Lakhs to ₹4.0 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 Officer at Veritas Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹4.2 Lakhs per year
1 year	₹2.3 Lakhs to ₹4.0 Lakhs per year
2 years	₹1.6 Lakhs to ₹5.5 Lakhs per year
3 years	₹2.4 Lakhs to ₹4.9 Lakhs per year

and so on.

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Veritas Finance Credit Officer Salaries

Veritas Finance Credit Officer salary in India ranges between ₹1.6 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Veritas Finance latest salaries received from various employees of Veritas Finance.