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Karur Vysya Bank Manager M1 salaries in India

Annual salary range
6 - 11 years exp.
₹6 Lakhs - ₹9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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39% less than the average Manager M1 Salary in Banking Companies for 6 - 11 years of experience

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Salaries in different departments

Sales & Business Development
Manager M1 Salary
6 - 11 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Manager M1 Salary
11 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

Finance & Accounting
Manager M1 Salary
8 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 3 Jun 2024

Companies similar to Karur Vysya Bank for Manager M1

Company name Avg Annual Salary Open Jobs
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ICICI Bank Manager M1 Salary

1 - 17 years exp. (1.9k salaries)

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₹4.5 L/yr - ₹17 L/yr

arrow icon 47% more
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Axis Bank Manager M1 Salary

5 - 14 years exp. (155 salaries)

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₹4.2 L/yr - ₹10.6 L/yr

arrow icon 12% more
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HDFC Bank Manager M1 Salary

5 - 14 years exp. (154 salaries)

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₹5 L/yr - ₹12.1 L/yr

arrow icon 16% more
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Kotak Mahindra Bank Manager M1 Salary

1 - 12 years exp. (44 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 20% less
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IDFC FIRST Bank Manager M1 Salary

4 - 12 years exp. (42 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 2% more
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IndusInd Bank Manager M1 Salary

6 - 11 years exp. (37 salaries)

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₹3.5 L/yr - ₹8.8 L/yr

arrow icon 9% less
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Yes Bank Manager M1 Salary

1 - 12 years exp. (32 salaries)

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₹5.5 L/yr - ₹10.1 L/yr

arrow icon 7% more
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RBL Bank Manager M1 Salary

4 - 17 years exp. (19 salaries)

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₹5.7 L/yr - ₹11.9 L/yr

arrow icon 8% more
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Bandhan Bank Manager M1 Salary

9 - 13 years exp. (8 salaries)

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₹7.2 L/yr - ₹9.5 L/yr

arrow icon 18% more
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Jana Small Finance Bank Manager M1 Salary

4 - 16 years exp. (7 salaries)

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₹5.1 L/yr - ₹8 L/yr

arrow icon 15% less
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IDBI Bank Manager M1 Salary

5 - 14 years exp. (5 salaries)

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₹13.5 L/yr - ₹20 L/yr

arrow icon 150% more
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Ujjivan Small Finance Bank Manager M1 Salary

5 - 13 years exp. (4 salaries)

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₹4.5 L/yr - ₹6.2 L/yr

arrow icon 24% less
Manager M1 salary at Karur Vysya Bank ranges between ₹6 Lakhs to ₹9 Lakhs per year for employees with experience between 6 years to 11 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 Manager M1

6mo ago
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8 years exp.
9mo ago
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6 years exp.
1y ago
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11 years exp.
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11 years exp.

Experience wise Karur Vysya Bank Manager M1 salaries

Last Updated: 3 Jun 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.2 L/yr
9 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9 L/yr
View all

Similar Designation salaries in Karur Vysya Bank

Team Manager Salary
(4 salaries)
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₹9.75 L/yr - ₹17 L/yr
Team Lead Salary
(4 salaries)
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₹2.15 L/yr - ₹2.9 L/yr
Branch Manager Salary
(113 salaries)
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₹7 L/yr - ₹18 L/yr
Deputy Manager Salary
(9 salaries)
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₹2.5 L/yr - ₹10.05 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹7.5 L/yr - ₹12 L/yr
Delivery Manager Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
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₹2.68 L/yr - ₹9.81 L/yr
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₹8 L/yr - ₹16 L/yr
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₹3 L/yr - ₹10.49 L/yr

Salary related reviews for Karur Vysya Bank

Data Science & Analytics Department

2.0
  •  posted on 02 Oct 2022

4.0
 for  Salary and Benefits

Likes

Salary at par with Banking industry.

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.

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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..

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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 Manager M1 Salary FAQs

What is the salary of Manager M1 at Karur Vysya Bank?
Manager M1 salary at Karur Vysya Bank in India ranges between ₹6.0 Lakhs to ₹9.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 39% less than the average Manager M1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Karur Vysya Bank India.
How does the salary of a Manager M1 at Karur Vysya Bank India compare with the average salary range for this job?
The average salary of a Manager M1 at Karur Vysya Bank is 39% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.
Which similar companies are paying more than Karur Vysya Bank to a Manager M1 in India?
  • IDBI Bank Manager M1 Salary - ₹13.5 Lakhs to ₹20.0 Lakhs per year
  • ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
  • Bandhan Bank Manager M1 Salary - ₹7.2 Lakhs to ₹9.5 Lakhs per year
  • HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹12.1 Lakhs per year
  • Axis Bank Manager M1 Salary - ₹4.2 Lakhs to ₹10.6 Lakhs per year
What is the salary of a Manager M1 in companies similar to Karur Vysya Bank in India?
  • RBL Bank Manager M1 Salary - ₹5.7 Lakhs to ₹11.9 Lakhs per year
  • Yes Bank Manager M1 Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
  • IDFC FIRST Bank Manager M1 Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
  • IndusInd Bank Manager M1 Salary - ₹3.5 Lakhs to ₹8.8 Lakhs per year
  • Jana Small Finance Bank Manager M1 Salary - ₹5.1 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Manager M1 at Karur Vysya Bank in India?
The estimated take-home salary of a Manager M1 at Karur Vysya Bank ranges between ₹53,037 per month to ₹54,356 per month in India. The take-home salary calculation is based on the average Karur Vysya Bank Manager M1 salary in India which ranges between ₹6.0 Lakhs to ₹9.0 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Manager M1 at Karur Vysya Bank?
According to AmbitionBox, 50% of the Karur Vysya Bank Manager M1s reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Karur Vysya Bank Manager M1 salary in India ranges between ₹6 Lakhs to ₹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.