Veritas Finance Management Trainee Salaries by 6 Employees

0 - 1 year exp.

₹4.1 Lakhs - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹4.1 L/yr - ₹4.2 L/yr
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Finance & Accounting Management Trainee Salary Fresher (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.2 L/yr

Last Updated: 23 Nov 2024

Companies similar to Veritas Finance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Tata Capital Management Trainee Salary 0 - 4 years exp. (93 salaries)	₹6.4 L/yr - ₹21.9 L/yr 222% more	2 job openings
SMFG India Credit Management Trainee Salary 0 - 4 years exp. (79 salaries)	₹3.8 L/yr - ₹13.1 L/yr 91% more
Login to view exact salary
Sammaan Capital Limited Management Trainee Salary 0 - 2 years exp. (70 salaries)	₹3 L/yr - ₹7 L/yr 33% more	1 job opening
IIFL Finance Management Trainee Salary 0 - 2 years exp. (57 salaries)	₹17 L/yr - ₹30 L/yr 313% more
Piramal Capital Housing Finance Management Trainee Salary 0 - 4 years exp. (56 salaries)	₹3 L/yr - ₹7 L/yr 6% more
TVS Credit Management Trainee Salary 0 - 2 years exp. (46 salaries)	₹7 L/yr - ₹13.6 L/yr 207% more
Aditya Birla Finance Management Trainee Salary 0 - 3 years exp. (40 salaries)	₹3 L/yr - ₹10.8 L/yr 43% more
Mahindra Finance Management Trainee Salary 0 - 4 years exp. (32 salaries)	₹4 L/yr - ₹10.4 L/yr 81% more
Poonawalla Fincorp Management Trainee Salary 0 - 1 year exp. (32 salaries)	₹5 L/yr - ₹7.2 L/yr 43% more
Aavas Financiers Management Trainee Salary 0 - 2 years exp. (16 salaries)	₹3.6 L/yr - ₹7.5 L/yr 21% more

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Management Trainee salary at Veritas Finance ranges between ₹4.1 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 6 latest salaries received from various employees of Veritas Finance.

Experience wise Veritas Finance Management Trainee salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
Fresher (5 salaries)	₹1.7 L/yr - ₹4.2 L/yr
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1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.2 L/yr

From

Management Trainee

₹

Lakhs/yr

0 - 1 year exp.

Area Credit Manager

₹

Lakhs/yr

5 - 12 years exp.

Management Trainee 0 - 1 year exp.

Branch Credit Manager 0 - 9 years exp.

-3% hike

Area Credit Manager 5 - 12 years exp.

66% hike

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

Finance Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Accountant Salary

(3 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Team Lead Salary

(20 salaries)

₹2.76 L/yr - ₹4.25 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹26.1 L/yr - ₹33.3 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹16.5 L/yr - ₹21 L/yr

Deputy Manager Salary

(7 salaries)

₹4.91 L/yr - ₹8 L/yr

Relationship Manager Salary

(30 salaries)

₹2.2 L/yr - ₹4 L/yr

Salary related reviews for Veritas Finance

3.1

Rated by 5 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.

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

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

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 Management Trainee Salary FAQs

What is the salary of Management Trainee at Veritas Finance ?

The average salary of a Management Trainee at Veritas Finance in India typically ranges from ₹4.1 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Veritas Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Management Trainee 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 6 Veritas Finance employees in India.

What is the estimated take home salary of a Management Trainee at Veritas Finance in India?

The estimated take-home salary of a Management Trainee at Veritas Finance in India typically ranges from ₹30,687 to ₹31,991 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 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 Management Trainee in India?

IIFL Finance	₹17.0 Lakhs to ₹30.0 Lakhs per year
Tata Capital	₹6.4 Lakhs to ₹21.9 Lakhs per year
TVS Credit	₹7.0 Lakhs to ₹13.6 Lakhs per year
Tyger Capital	₹9.0 Lakhs to ₹13.0 Lakhs per year
Aye Finance	₹10.0 Lakhs to ₹13.0 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 Management Trainee in companies similar to Veritas Finance in India?

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

Home Credit Finance	₹9.0 Lakhs to ₹11.0 Lakhs per year
Manappuram Finance	₹7.4 Lakhs to ₹15.0 Lakhs per year
L&T Finance	₹3.6 Lakhs to ₹11.0 Lakhs per year
SMFG India Credit	₹3.8 Lakhs to ₹13.1 Lakhs per year
Bajaj Housing Finance	₹5.8 Lakhs to ₹8.5 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 Management Trainee at Veritas Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹4.2 Lakhs per year
1 year	₹1.7 Lakhs to ₹4.2 Lakhs per year

and so on.

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Veritas Finance Management Trainee Salaries

Veritas Finance Management Trainee salary in India ranges between ₹4.1 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Veritas Finance latest salaries received from various employees of Veritas Finance.