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Karur Vysya Bank Legal Officer salaries in Chennai

Annual salary range
1 - 4 years exp.
₹4.5 Lakhs - ₹5.9 Lakhs
Salary of majority employees
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60% more than the average Legal Officer Salary in Banking Companies for 1 - 4 years of experience

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Last Updated: 7 Jul 2024

Companies similar to Karur Vysya Bank for Legal Officer in Chennai

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Karur Vysya Bank Legal Officer Salary

1 - 4 years exp. (4 salaries)

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₹4.5 L/yr - ₹5.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Legal Officer Salary

1 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 46% less
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IDFC FIRST Bank Legal Officer Salary

2 - 4 years exp. (3 salaries)

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₹3.1 L/yr - ₹4 L/yr

arrow icon 43% less
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₹2 L/yr - ₹4.2 L/yr

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2 job openings
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₹5.2 L/yr - ₹7 L/yr

arrow icon 1% less
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HDB Financial Services Legal Officer Salary

1 - 7 years exp. (7 salaries)

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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 43% less
Legal Officer salary at Karur Vysya Bank ranges between ₹4.5 Lakhs to ₹5.9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Karur Vysya Bank.

Latest annual salaries shared by Karur Vysya Bank Legal Officer in Chennai

5mo ago
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1 year exp.
7mo ago
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4 years exp.
1y ago
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3 years exp.
1y ago
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3 years exp.

Experience wise Karur Vysya Bank Legal Officer salaries in Chennai

Last Updated: 7 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹9.7 L/yr
2 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹10.1 L/yr

Salary related reviews for Karur Vysya Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 30 Jan 2023

3.0
 for  Salary and Benefits

Likes

I worked there as a legal officer, I performed all type of legal works. It's not specific to anywork, hence able to get knowledge of every thing in short span of time.

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Dislikes

...t and not transparent HR policies. After 2018 they are not recruiting under IBA. CTC and IBA pay scale have huge monetory difference. CTC ppl do not have union. Quarterly self appraisal is of no good than a headache. No transparent for yearly increment policy, promotion policy etc. Further your promotion will be mostly based on your background than your work. It is mandatory to sit till 8-9 p.m in the office regardless of completion of your work.

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Full Time

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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..

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Dislikes

Discrimination in pay between IBA Norms employees and CTC employees

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.

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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

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Full Time

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Customer Success, Service & Operations Department

1.0
  •  posted on 19 Aug 2024

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

... of clerks and officers, yet receive no additional support or fair compensation. Despite managing an overwhelming workload, BSSEs see no rewards—no promotions, no salary increases—even after proving their capabilities. To make matters worse, they are often forced to work late into the night, adding to their frustration and fatigue. Leadership is another weak point, as many managers lack the knowledge and skills necessary to guide their teams effectively. Adding to the disillusionment, BSSEs are frequently relegated to the role of telecallers, making daily calls to customers to meet high and often unrealistic sales targets. There's no incentive structure to reward their hard work, and they’re further bound by a restrictive two-year bond, which traps them in this disheartening situation. For MBA graduates expecting meaningful work, the reality at KVB is a far cry from their expectations. If you’re considering a job at KVB, think twice. The bank’s approach to staffing and employee treatment is far from ideal, with poor support, unrealistic targets, stagnant salaries, and unfair working conditions making it a challenging and unrewarding place to work. These issues are deeply ingrained in KVB’s culture—avoid joining as a BSSE if you value your career and well-being.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 10 Mar 2023

4.0
 for  Salary and Benefits

Likes

Job security and pay as per IBA

Dislikes

No common rule for everyone as such, if you are favourite to upper management you will get promoted easily, no daily task given, no proper way to analyse work efficiency of employees. Whether we do 2 desk jobs or 3 desk job rating is same as to person who doesn't or is incapable of doing the task. Very discriminatory behaviour towards employees and the person who does work is even entire work of department and who doesn't is even sympathy ( nor he is trained punished de promoted moved to other department as per his caliber just he stays in team and we have to do his work as he is trying he is poor guy and we have to hear that you are good why don't you do so basically if you are good at work don't go as you may have to sit till 10 and no flexibility in work and not ready to change in any work culture. Culture is worst. It is bad of both worlds MNC and Govt org.

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Karur Vysya Bank Legal Officer Salary FAQs

What is the salary of Legal Officer at Karur Vysya Bank Chennai?
Legal Officer salary at Karur Vysya Bank in Chennai ranges between ₹4.5 Lakhs to ₹5.9 Lakhs for experience between 1 years to 4 years. According to our estimates it is 60% more than the average Legal Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Karur Vysya Bank Chennai.
How does the salary of a Legal Officer at Karur Vysya Bank Chennai compare with the average salary range for this job?
The average salary of a Legal Officer at Karur Vysya Bank is 60% more than the average salary of a Legal Officer in Chennai. To know exact salary insights, login to view.
What is the salary of a Legal Officer in companies similar to Karur Vysya Bank in Chennai?
  • VGN Homes Private Limited Legal Officer Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
  • HDB Financial Services Legal Officer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
  • IDFC FIRST Bank Legal Officer Salary - ₹3.1 Lakhs to ₹4.0 Lakhs per year
  • Equitas Small Finance Bank Legal Officer Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
  • HDFC Bank Legal Officer Salary - ₹2.0 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Legal Officer at Karur Vysya Bank in Chennai?
The estimated take-home salary of a Legal Officer at Karur Vysya Bank ranges between ₹42,885 per month to ₹44,007 per month in Chennai. The take-home salary calculation is based on the average Karur Vysya Bank Legal Officer salary in India which ranges between ₹4.5 Lakhs to ₹5.9 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Legal Officer at Karur Vysya Bank in Chennai?
According to AmbitionBox, 67% of the Karur Vysya Bank Legal Officers in Chennai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Karur Vysya Bank Legal Officer salary in Chennai ranges between ₹4.5 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Karur Vysya Bank latest salaries received from various employees of Karur Vysya Bank.