Karur Vysya Bank Deputy Manager - Banking Operations Salaries by 4 Employees

8 - 11 years exp.

₹7.5 Lakhs - ₹12 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

64% more than the average Deputy Manager - Banking Operations Salary in Banking Companies for 8 - 11 years of experience

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Last Updated: 20 Jun 2024

Companies similar to Karur Vysya Bank for Deputy Manager - Banking Operations

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager - Banking Operations Salary 4 - 15 years exp. (24 salaries)	₹3.5 L/yr - ₹6.7 L/yr 47% less
ICICI Bank Deputy Manager - Banking Operations Salary 1 - 10 years exp. (20 salaries)	₹4.2 L/yr - ₹7.6 L/yr 39% less
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Bandhan Bank Deputy Manager - Banking Operations Salary 2 - 8 years exp. (8 salaries)	₹3.6 L/yr - ₹5.1 L/yr 45% less
Axis Bank Deputy Manager - Banking Operations Salary 3 - 6 years exp. (8 salaries)	₹3.5 L/yr - ₹5.5 L/yr 50% less
Kotak Mahindra Bank Deputy Manager - Banking Operations Salary 1 - 16 years exp. (7 salaries)	₹3.5 L/yr - ₹4.5 L/yr 50% less
IndusInd Bank Deputy Manager - Banking Operations Salary 4 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹8.2 L/yr 33% less
Yes Bank Deputy Manager - Banking Operations Salary 11 - 15 years exp. (4 salaries)	₹5.8 L/yr - ₹6.8 L/yr 27% less
IDFC FIRST Bank Deputy Manager - Banking Operations Salary 2 - 6 years exp. (3 salaries)	₹5.2 L/yr - ₹6.2 L/yr 36% less

Deputy Manager - Banking Operations salary at Karur Vysya Bank ranges between ₹7.5 Lakhs to ₹12 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Karur Vysya Bank.

Experience wise Karur Vysya Bank Deputy Manager - Banking Operations salaries

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

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Salary related reviews for Karur Vysya Bank

4.0

Rated by 1 employees for salary & benefits

Priority Relationship Manager in Ernakulam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Sep 2024

1.0

for Salary and Benefits

Likes

The very thought entering your head about joining KVB, indicate your dasha change to Shani. No place to sit, no travel allowance, no incentives, arguments and fights with IBA old employees, back stabbing politics. They don't have money to move the newly formed channels.. Most of the channels are closed within few months.. Don't risk your career.. Escape my dear.

Dislikes

...organization, internal politics. Performance and hardwork won't help you even.. IBA employees with IBA salary don't want CTC employees with low salary to work in this organization.. That's the main issue for everything

Salary - Bad

+6 more

Relationship Manager in Field Day To Day Marketing

Data Science & Analytics Department

2.0

• posted on 02 Oct 2022

4.0

for Salary and Benefits

Likes

Salary at par with Banking industry.

Salary - Good

Dislikes

Marketing Pressure. Direct involvement of Bank's Top management for RM review. Rely more on security coverage for sanctioning loan. Poor Valuation and technical team. Have to put huge efforts for marketing big ticket SME loan, since ROI is not competitive as offered by new gen bank and other PSU Banks.

Work satisfaction - Bad

+1 more

Bank Teller in Narasaraopet

BFSI, Investments & Trading Department

3.0

• posted on 15 Aug 2018

2.0

for Salary and Benefits

Likes

Prompt Monthly Pay and incentives

Job security - Good

Dislikes

some branches are insanely poor with infrastructure. sick washrooms, no proper lighting also. (some 5 years old branches). terrible. Staff shortage as all banks have these days. worklife balance is terrible. This bank is no different than a pure private bank. innovative programs every fortnight to raise sales which inturn become a nightmare to nil sales experience staff. This bank is well suited to a certain group of people in the society.

Salary - Poor

+3 more

Legal Officer in Bangalore / Bengaluru

Full Time

Legal & Regulatory Department

4.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

The people and the work culture. It’s very smooth.

Skill development - Excellent

+3 more

Dislikes

As I was a CTC employee my package was 4.5LPA, which is not at all feasible for a legal professional. Though I have got my division to 1st rank all over India in customer complaint Redressal, no acknowledgement was given for that. Also there was an appraisal of only 3%. Which is hugely disappointing.

Salary - Poor

Manager in Chennai

Full Time

Finance & Accounting Department

5.0

• posted on 24 Oct 2024

4.0

for Salary and Benefits

Likes

Good culture..like a govt bank.. work well..no problem.. only problem is HR policies..no transpelarency and even hr people don't know about the policies..

Salary - Good

+4 more

Dislikes

Discrimination in pay between IBA Norms employees and CTC employees

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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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Karur Vysya Bank Deputy Manager - Banking Operations Salary FAQs

What is the salary of Deputy Manager - Banking Operations at Karur Vysya Bank ?

The average salary of a Deputy Manager - Banking Operations at Karur Vysya Bank in India typically ranges from ₹7.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Deputy Manager - Banking Operations at Karur Vysya Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Deputy Manager - Banking Operations Salaries at Karur Vysya Bank 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 4 Karur Vysya Bank employees in India.

What is the estimated take home salary of a Deputy Manager - Banking Operations at Karur Vysya Bank in India?

The estimated take-home salary of a Deputy Manager - Banking Operations at Karur Vysya Bank in India typically ranges from ₹63,132 to ₹64,737 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 8 years to 11 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 4 salaries received from various employees of Karur Vysya Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Deputy Manager - Banking Operations in companies similar to Karur Vysya Bank in India?

The salary of a Deputy Manager - Banking Operations at companies similar to Karur Vysya Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank	₹5.8 Lakhs to ₹6.8 Lakhs per year
IndusInd Bank	₹4.5 Lakhs to ₹8.2 Lakhs per year
IDFC FIRST Bank	₹5.2 Lakhs to ₹6.2 Lakhs per year
ICICI Bank	₹4.2 Lakhs to ₹7.6 Lakhs per year
Bandhan Bank	₹3.6 Lakhs to ₹5.1 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 Deputy Manager - Banking Operations at Karur Vysya Bank in India?

The salary growth for a Deputy Manager - Banking Operations at Karur Vysya Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager - Banking Operations can expect the following growth trajectory at Karur Vysya Bank:

Experience	Average Salary Range
8 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
9 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
10 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
11 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

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Karur Vysya Bank Deputy Manager - Banking Operations Salaries

Karur Vysya Bank Deputy Manager - Banking Operations salary in India ranges between ₹7.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Karur Vysya Bank latest salaries received from various employees of Karur Vysya Bank.