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Engaged Employer
Veritas Finance
4.5
based on 1.3k Reviews
Video summary
Company Overview
Company Locations
Working at Veritas Finance
Company Summary
A Non-Banking Finance Company dedicated to servicing the financial needs of MSMEs in India, focusing on easy credit access for underserved small businesses.
Overall Rating
4.5/5
based on 1.3k reviews
15% above
industry average
Highly rated for
Company culture, Job security, Salary
Work Policy
Work from office
80% employees reported
Monday to Saturday
86% employees reported
Flexible timing
58% employees reported
Within city
58% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
18 employees reported
Health insurance
12 employees reported
Office cab/shuttle
4 employees reported
Child care facility
4 employees reported
View all benefits
About Veritas Finance
Founded in2015 (10 yrs old)
India Employee Count5k-10k
Global Employee Count--
India HeadquartersChennai,Tamil Nadu, India
Websiteveritasfin.in
Primary Industry
Other Industries
View in video summary
Veritas Finance Private Limited (Veritas) is focused on meeting the financial needs of the micro, small and medium enterprises (MSME) in India, which has remained largely underserved despite several initiatives. A company run by professionals with rich experience in financial services industry, aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities and who actually build the nation. A Non - Banking Finance Company, registered with Reserve Bank of India, the company has grown the loan book to more than 1255 crores, expanded to 201 branches and having over 47,065 customers across various regions. Veritas Finance has been largely working to meet the working capital and business credit requirements of the small businesses in the MSME sector.
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Veritas Finance Ratings
based on 1.3k reviews
Overall Rating
4.5/5
How AmbitionBox ratings work?
5
908
4
206
3
71
2
23
1
59
Category Ratings
4.4
Company culture
4.4
Job security
4.3
Salary
4.3
Work-life balance
4.3
Skill development
4.3
Work satisfaction
4.2
Promotions
Veritas Finance is rated 4.5 out of 5 stars on AmbitionBox, based on 1.3k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Veritas Finance
based on 1.2k reviews
4.6
Rated by 51 Women
Rated 4.5 for Job security and 4.4 for Company culture
4.5
Rated by 1.2k Men
Rated 4.4 for Work-life balance and 4.4 for Company culture
Work Policy at Veritas Finance
based on 161 reviews in last 6 months
Work from office
80%
Hybrid
16%
Permanent work from home
4%
Veritas Finance Reviews
Top mentions in Veritas Finance Reviews
+ 5 more
Compare Veritas Finance with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.5/5 based on 1.3k reviews | 4.0/5 based on 5.6k reviews | 4.5/5 based on 7.5k reviews | 3.6/5 based on 5.4k reviews |
Highly Rated for | Job security Company culture Skill development | Work-life balance Skill development Salary | Skill development Work-life balance Job security |  No highly rated category |
Critically Rated for |  No critically rated category | No critically rated category | No critically rated category | Promotions Work satisfaction |
Primary Work Policy | Work from office 80% employees reported | Work from office 88% employees reported | Work from office 91% employees reported | Work from office 92% employees reported |
Rating by Women Employees | 4.6 Excellent rated by 51 women | 3.8 Good rated by 1.2k women | 4.5 Good rated by 2.5k women | 3.7 Good rated by 1k women |
Rating by Men Employees | 4.5 Good rated by 1.2k men | 4.0 Good rated by 4.1k men | 4.5 Good rated by 4.8k men | 3.6 Good rated by 4.1k men |
Job security | 4.4 Good | 3.8 Good | 4.4 Good | 3.7 Good |
View more
Veritas Finance Salaries
Veritas Finance salaries have received with an average score of 4.3 out of 5 by 1.3k employees.
Sales Manager
(246 salaries)
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₹1.5 L/yr - ₹3.7 L/yr
Branch Credit Manager
(181 salaries)
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₹1.9 L/yr - ₹6 L/yr
Branch Manager
(131 salaries)
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₹3.3 L/yr - ₹7.2 L/yr
Area Credit Manager
(67 salaries)
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₹4.4 L/yr - ₹8.7 L/yr
Credit Manager
(67 salaries)
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₹2.8 L/yr - ₹6.5 L/yr
Senior Sales Manager
(61 salaries)
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₹2.2 L/yr - ₹4 L/yr
Collections Manager
(43 salaries)
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₹1.8 L/yr - ₹3.7 L/yr
Relationship Manager
(38 salaries)
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₹2.1 L/yr - ₹4 L/yr
Branch Business Manager
(35 salaries)
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₹3.6 L/yr - ₹6 L/yr
Area Business Manager
(28 salaries)
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₹5 L/yr - ₹11.2 L/yr
Veritas Finance Interview Questions
A Cluster Legal Manager was asked Q. How do you collect EMI in NPA cases?
A Senior Manager Legal was asked Q. Who is the appropriate authority to publish the ROR?
A Devops Engineer was asked 1mo agoQ. What is the difference between UDP and TCP?
An Assistant Manager - Legal was asked Q. Which type of deed is required for an equitable mortgage?
A Credit Operations Manager was asked Q. How would you process a 50 Lakhs case without ITR in Affordable?
Veritas Finance News
Veritas Finance, Ajay Poly, 3 other companies get SEBI’s nod to launch IPOs
- Veritas Finance, Ajay Poly, Regaal Resources, Laxmi India Finance, and Jajoo Rashmi Refractories have received SEBI's approval to launch initial public offerings (IPOs).
- Veritas Finance plans for a ₹2,800 crore IPO with a fresh issue of ₹600 crore and an Offer-for-Sale (OFS) worth ₹2,200 crore, with various investors and individual selling shareholders participating.
- Ajay Poly's IPO includes a fresh issue of ₹238 crore and an OFS of up to 93 lakh shares by Promoter and Investor Selling Shareholders to fund capital expenditure requirements and general corporate purposes.
- Regaal Resources, Laxmi India Finance, and Jajoo Rashmi Refractories also announced their IPO plans with a mix of fresh issues and OFS, targeting different investment purposes.
HinduBusinessLine | 6 May, 2025
Veritas Finance, Laxmi India Finance, 3 others get SEBI nod to float IPOs
- Veritas Finance, Laxmi India Finance, Jajoo Rashmi Refractories, Regaal Resources, and Ajay Poly have received SEBI's approval to launch their initial public offerings (IPOs).
- Veritas Finance plans to raise ₹2,800 crore through a combination of fresh equity shares and an Offer-for-Sale. The net proceeds will be used for the company's capital requirements and onward lending.
- Laxmi India Finance's IPO includes a fresh issue of shares and an OFS by promoters. Proceeds will be utilized for capital base augmentation and general corporate purposes.
- The IPOs of Jajoo Rashmi Refractories, Regaal Resources, and Ajay Poly also consist of a mix of fresh equity shares and OFS. Funds will be utilized for various purposes including debt payment, expansion, and general corporate needs.
HinduBusinessLine | 6 May, 2025
Veritas Finance files draft papers with SEBI to mobilise Rs 2,800 Cr via IPO
- Veritas Finance, a non-deposit taking NBFC, has filed papers with SEBI for a Rs 2,800 crore IPO.
- The IPO consists of a fresh issue of equity shares worth Rs 600 crore and an OFS of shares worth Rs 2,200 crore.
- Veritas Finance provides small business loans to MSMEs and has expanded its offerings to include home loans and used commercial vehicle loans.
- The funds raised will be used to augment the capital base for future lending activities.
Yourstory | 20 Jan, 2025
Micro Lender Veritas Finance Files Draft Papers For Rs 2,800-Crore IPO
- Chennai-based micro lender Veritas Finance Ltd. has filed draft papers for its initial public offering (IPO) to raise up to Rs 2,800 crore.
- The IPO will consist of a fresh issue worth Rs 600 crore and an offer for sale worth up to Rs 2,200 crore.
- Veritas Finance, backed by private investors like Kedaara Capital and Norwest Venture Partners, plans to use the proceeds to augment its capital base for future lending.
- As of September 30, Veritas Finance had a loan book of Rs 6,517 crore, with rural business loans accounting for over 72% of the portfolio.
Bloomberg Quint | 20 Jan, 2025
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Veritas Finance FAQs
When was Veritas Finance founded?
Veritas Finance was founded in 2015. The company has been operating for 10 years primarily in the NBFC sector.
Where is the Veritas Finance headquarters located?
Veritas Finance is headquartered in Chennai,Tamil Nadu. It operates in 6 cities such as Chennai, Madurai, Siliguri, Barasat, Hanamkonda. To explore all the office locations, visit Veritas Finance locations.
How many employees does Veritas Finance have in India?
Veritas Finance currently has more than 6,200+ employees in India. Sales & Business Development department appears to have the highest employee count in Veritas Finance based on the number of reviews submitted on AmbitionBox.
Does Veritas Finance have good work-life balance?
Veritas Finance has a work-life balance rating of 4.3 out of 5 based on 1,200+ employee reviews on AmbitionBox. 88% employees rated Veritas Finance 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Veritas Finance work-life balance reviews for more details.
Is Veritas Finance good for career growth?
Career growth at Veritas Finance is highly regarded, with promotions and appraisal rating of 4.2. 88% employees rated Veritas Finance 4 or above on promotions / appraisal indicating that a significant portion of employees are satisfied with career growth opportunities. We recommend reading Veritas Finance promotions / appraisals reviews for more detailed insights.
What are the pros of working in Veritas Finance?
Working at Veritas Finance offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and salary & benefits, based on 1,200+ employee reviews on AmbitionBox.
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