Karur Vysya Bank Direct Sales Executive Salaries by 4 Employees

2 - 3 years exp.

₹1.5 Lakh - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Direct Sales Executive Salary in Banking Companies for 2 - 3 years of experience

Interested in this particular role?

Last Updated: 10 Mar 2023

Companies similar to Karur Vysya Bank for Direct Sales Executive

Company name	Avg Annual Salary	Open Jobs
Yes Bank Direct Sales Executive Salary 0 - 4 years exp. (14 salaries)	₹1.5 L/yr - ₹3.2 L/yr 49% more
IDFC FIRST Bank Direct Sales Executive Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹2.6 L/yr 37% more
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Kotak Mahindra Bank Direct Sales Executive Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.2 L/yr 36% more
Axis Bank Direct Sales Executive Salary 0 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 87% more
ICICI Bank Direct Sales Executive Salary 0 - 2 years exp. (3 salaries)	₹1.1 L/yr - ₹2.2 L/yr 1% more

Direct Sales Executive salary at Karur Vysya Bank ranges between ₹1.5 Lakh to ₹2.1 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Karur Vysya Bank.

Experience wise Karur Vysya Bank Direct Sales Executive salaries

Last Updated: 10 Mar 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹1.5 L/yr - ₹1.8 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹2.1 L/yr

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Assistant Sales Manager Salary

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Salary related reviews for Karur Vysya Bank

3.6

Rated by 5 employees for salary & benefits

Business Development Associate in Coimbatore, Tamil Nadu ( A Branch In Coimbatore Division)

Sales & Marketing Department

2.0

• posted on 31 Aug 2022

2.0

for Salary and Benefits

Likes

Good support from branch staff

Dislikes

*Forced to work on holidays conducting events without any extra pay. While other bank staffs and executive who are getting high salary enjoying holiday. 2.forced to work on deputation for other branches without deputation pay. No deputation attendence is marked only OD. 3. Don't join this job. They will exploit and use you . You can't even tell that you worked on holidays and deputation because it's not even officially registered. 4. Pay is very less. The monthly targets are getting higher each day but the pay level is same, stating that salary in other bank for your role is comparatively less than ours, which is completely false.

Salary - Poor

+5 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

Business Development Associate in Coimbatore

Teaching & Training Department

5.0

• posted on 09 May 2022

5.0

for Salary and Benefits

Likes

100 years of smart banking and good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Basic pay not affordable

Business Development Associate in Kurnool

Sales & Marketing Department

4.0

• posted on 16 Jul 2021

4.0

for Salary and Benefits

Likes

...ates are supportive and management is also supportive.company policies are good.company give good salary hike and bonus every year

Salary - Good

+6 more

Dislikes

All are good but only thing is getting promation is little delay

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

see more salary related reviews

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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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Karur Vysya Bank Direct Sales Executive Salary FAQs

What is the salary of Direct Sales Executive at Karur Vysya Bank ?

The average salary of a Direct Sales Executive at Karur Vysya Bank in India typically ranges from ₹1.5 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Direct Sales Executive at Karur Vysya Bank earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.1 Lakhs per year. Direct Sales Executive 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 Direct Sales Executive at Karur Vysya Bank in India?

The estimated take-home salary of a Direct Sales Executive at Karur Vysya Bank in India typically ranges from ₹11,051 to ₹12,277 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of Karur Vysya Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karur Vysya Bank for Direct Sales Executive in India?

Axis Bank	₹1.8 Lakhs to ₹5.0 Lakhs per year
Yes Bank	₹1.5 Lakhs to ₹3.2 Lakhs per year
IDFC FIRST Bank	₹1.8 Lakhs to ₹2.6 Lakhs per year
Kotak Mahindra Bank	₹2.0 Lakhs to ₹2.2 Lakhs per year
ICICI Bank	₹1.1 Lakhs to ₹2.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Karur Vysya Bank, depending on the role and experience level.

How the salary growth look like for a Direct Sales Executive at Karur Vysya Bank in India?

The salary growth for a Direct Sales Executive at Karur Vysya Bank depends on factors such as experience, performance, and promotions. On average, a Direct Sales Executive can expect the following growth trajectory at Karur Vysya Bank:

Experience	Average Salary Range
2 years	₹1.5 Lakhs to ₹1.8 Lakhs per year
3 years	₹0.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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Karur Vysya Bank Direct Sales Executive Salaries

Karur Vysya Bank Direct Sales Executive salary in India ranges between ₹1.5 Lakh to ₹2.1 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.