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Karur Vysya Bank Manager Scale II salaries in Salem

Annual salary range
7 - 11 years exp.
₹7.5 Lakhs - ₹10.2 Lakhs
Salary of majority employees
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34% more than the average Manager Scale II Salary in Banking Companies for 7 - 11 years of experience

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Last Updated: 16 Mar 2023

Manager Scale II salary at Karur Vysya Bank ranges between ₹7.5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 7 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 Scale II in Salem

1y ago
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11 years exp.
1y ago
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9 years exp.
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8 years exp.
1y ago
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7 years exp.

Experience wise Karur Vysya Bank Manager Scale II salaries in Salem

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹18.1 L/yr
8 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)

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₹8 L/yr - ₹17.9 L/yr
10 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
11 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹17.8 L/yr

Similar Designation salaries in Karur Vysya Bank

Branch Head Salary
(3 salaries)
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₹8 L/yr - ₹11 L/yr
Credit Manager Salary
(3 salaries)
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₹10.1 L/yr - ₹12.65 L/yr

Salary related reviews for Karur Vysya Bank

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

read more

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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BFSI, Investments & Trading Department

3.0
  •  posted on 15 Aug 2018

2.0
 for  Salary and Benefits

Likes

Prompt Monthly Pay and incentives

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.

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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

 · 

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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Karur Vysya Bank Manager Scale II Salary FAQs

What is the salary of Manager Scale II at Karur Vysya Bank Salem?
Manager Scale II salary at Karur Vysya Bank in Salem ranges between ₹7.5 Lakhs to ₹10.2 Lakhs for experience between 7 years to 11 years. According to our estimates it is 34% more than the average Manager Scale II Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Karur Vysya Bank Salem.
How does the salary of a Manager Scale II at Karur Vysya Bank Salem compare with the average salary range for this job?
The average salary of a Manager Scale II at Karur Vysya Bank is 34% more than the average salary of a Manager Scale II in Salem. To know exact salary insights, login to view.
What is the estimated take home salary of a Manager Scale II at Karur Vysya Bank in Salem?
The estimated take-home salary of a Manager Scale II at Karur Vysya Bank ranges between ₹72,316 per month to ₹74,181 per month in Salem. The take-home salary calculation is based on the average Karur Vysya Bank Manager Scale II salary in India which ranges between ₹7.5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Manager Scale II at Karur Vysya Bank in Salem?
According to AmbitionBox, 100% of the Karur Vysya Bank Manager Scale IIs in Salem reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Karur Vysya Bank Manager Scale II salary in Salem ranges between ₹7.5 Lakhs to ₹10.2 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.