Karur Vysya Bank Visakhapatnam Senior Manager Salaries by 4 Employees

10 - 13 years exp.

₹10.5 Lakhs - ₹18.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Senior Manager Salary in Banking Companies for 10 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹16.9 L/yr - ₹18.5 L/yr
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Sales & Business Development Senior Manager Salary 13 years exp. (AmbitionBox Estimate)	₹16.7 L/yr - ₹18 L/yr

Last Updated: 3 Apr 2024

Companies similar to Karur Vysya Bank for Senior Manager in Visakhapatnam

Karur Vysya Bank Senior Manager Salary

10 - 13 years exp. (4 salaries)

₹10.5 L/yr - ₹18.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Vizag Steel Senior Manager Salary 12 - 19 years exp. (88 salaries)	₹12.5 L/yr - ₹30 L/yr 32% more
Laurus Labs Senior Manager Salary 14 - 22 years exp. (35 salaries)	₹16 L/yr - ₹25.5 L/yr 26% more
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ArcelorMittal Nippon Steel Senior Manager Salary 12 - 19 years exp. (28 salaries)	₹11 L/yr - ₹23.5 L/yr 8% more
Aurobindo Pharma Senior Manager Salary 13 - 21 years exp. (25 salaries)	₹13.5 L/yr - ₹22.8 L/yr 8% more
Hetero Senior Manager Salary 14 - 21 years exp. (24 salaries)	₹11.2 L/yr - ₹21.5 L/yr 10% more	3 job openings

Senior Manager salary at Karur Vysya Bank ranges between ₹10.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Karur Vysya Bank.

Experience wise Karur Vysya Bank Senior Manager salaries in Visakhapatnam

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.4 L/yr
11 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
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12 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
13 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr

Similar Designation salaries in Karur Vysya Bank

Relationship Manager Salary

(5 salaries)

₹4.03 L/yr - ₹5.5 L/yr

Salary related reviews for Karur Vysya Bank

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

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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 Senior Manager Salary FAQs

What is the salary of Senior Manager at Karur Vysya Bank in Visakhapatnam?

The average salary of a Senior Manager at Karur Vysya Bank in Visakhapatnam typically ranges from ₹10.5 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Senior Manager in Visakhapatnam at Karur Vysya Bank earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Senior Manager 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 Senior Manager at Karur Vysya Bank in Visakhapatnam?

The estimated take-home salary of a Senior Manager at Karur Vysya Bank in Visakhapatnam typically ranges from ₹1,17,538 to ₹1,20,827 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 10 years to 13 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 Senior Manager in India?

Vizag Steel	₹12.5 Lakhs to ₹30.0 Lakhs per year
Laurus Labs	₹16.0 Lakhs to ₹25.5 Lakhs per year
Hetero	₹11.2 Lakhs to ₹21.5 Lakhs per year
Aurobindo Pharma	₹13.5 Lakhs to ₹22.8 Lakhs per year
ArcelorMittal Nippon Steel	₹11.0 Lakhs to ₹23.5 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 Senior Manager at Karur Vysya Bank in Visakhapatnam?

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

Experience	Average Salary Range
10 years	₹15.9 Lakhs to ₹20.4 Lakhs per year
11 years	₹15.9 Lakhs to ₹20.3 Lakhs per year
12 years	₹15.8 Lakhs to ₹20.2 Lakhs per year
13 years	₹15.8 Lakhs to ₹20.2 Lakhs per year

and so on.

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Karur Vysya Bank Senior Manager Salaries in Visakhapatnam

Karur Vysya Bank Senior Manager salary in Visakhapatnam ranges between ₹10.5 Lakhs to ₹18.5 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.