Karvy Financial Services Associate Salaries by 7 Employees

1 - 6 years exp.

₹2 Lakhs - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

69% less than the average Associate Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr
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BFSI, Investments & Trading Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

Last Updated: 14 Mar 2023

Companies similar to Karvy Financial Services for Associate

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (10.2k salaries)	₹10 L/yr - ₹43.1 L/yr 929% more	59 job openings
Morgan Stanley Associate Salary 0 - 11 years exp. (3.2k salaries)	₹5.2 L/yr - ₹20.5 L/yr 414% more	1 job opening
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State Street Corporation Associate Salary 0 - 5 years exp. (1.5k salaries)	₹2 L/yr - ₹8 L/yr 76% more
BNY Associate Salary 0 - 10 years exp. (1k salaries)	₹3.6 L/yr - ₹15 L/yr 275% more	9 job openings
BNP Paribas Associate Salary 0 - 5 years exp. (826 salaries)	₹2 L/yr - ₹8 L/yr 111% more
HSBC Group Associate Salary 0 - 8 years exp. (358 salaries)	₹3.8 L/yr - ₹15.9 L/yr 298% more	1 job opening
Wells Fargo Associate Salary 0 - 9 years exp. (292 salaries)	₹2.8 L/yr - ₹13.5 L/yr 239% more	3 job openings
Citicorp Associate Salary 0 - 10 years exp. (175 salaries)	₹11 L/yr - ₹25.8 L/yr 551% more
UBS Associate Salary 1 - 10 years exp. (117 salaries)	₹5 L/yr - ₹20.6 L/yr 423% more
RBSA Advisors Associate Salary 0 - 4 years exp. (70 salaries)	₹3.8 L/yr - ₹13 L/yr 292% more
Bajaj Finserv Associate Salary 0 - 5 years exp. (46 salaries)	₹1.2 L/yr - ₹5 L/yr 17% more
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American Express Associate Salary 1 - 8 years exp. (40 salaries)	₹10.6 L/yr - ₹10.8 L/yr 358% more
Nomura Structured Finance Services Associate Salary 3 - 11 years exp. (32 salaries)	₹18 L/yr - ₹42 L/yr 1048% more
Aditya Birla Capital Associate Salary 0 - 6 years exp. (22 salaries)	₹2 L/yr - ₹6 L/yr 52% more
Cholamandalam Investment & Finance Associate Salary 1 - 7 years exp. (9 salaries)	₹2 L/yr - ₹3.5 L/yr 19% more
Computershare Associate Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹7 L/yr 89% more
IndiaNivesh Securities Associate Salary 2 - 11 years exp. (3 salaries)	₹14 L/yr - ₹24 L/yr 784% more

Associate salary at Karvy Financial Services ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Karvy Financial Services.

Experience wise Karvy Financial Services Associate salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.1 L/yr
2 years (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

View all

Similar Designation salaries in Karvy Financial Services

Senior Associate Salary

(12 salaries)

₹1.05 L/yr - ₹3 L/yr

Team Lead Salary

(7 salaries)

₹2 L/yr - ₹3.05 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

System Engineer Salary

(6 salaries)

₹1 L/yr - ₹3 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.8 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Software Engineer Salary

(6 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Software Developer Salary

(5 salaries)

₹2.05 L/yr - ₹6 L/yr

Associate Software Engineer Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Senior Software Engineer Salary

(4 salaries)

₹8 L/yr - ₹8.5 L/yr

Salary related reviews for Karvy Financial Services

1.3

Rated by 3 employees for salary & benefits

Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 12 Oct 2023

1.0

for Salary and Benefits

Likes

There is nothing to like in this company

Dislikes

Everything . This company is very horrible. They doesn't release salary on time . They deduct pfs but they did not release payment to there employees. HR TEAM AND THE MANAGEMENT ARE UNEDUCATED AND UNMANAGEABLE

Salary - Bad

+6 more

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Oct 2019

1.0

for Salary and Benefits

Likes

There is Nothing to like about One of the worst . No support from HR Wrong salary assured Incentives pending From 1 yr No PF credited Reimbursement pending No proper canteen.

Dislikes

One of the worst No support from HR Wrong commitment on salaries Incentives pending From 1yr No PF contribution Reimbursement pending No proper canteen

Salary - Bad

+6 more

Software Engineer in Hyderabad / Secunderabad

Project & Program Management Department

5.0

• posted on 25 Jun 2021

3.0

for Salary and Benefits

Likes

Endless work in karvy, salary was deposited at end of every month promptly. We can work until retirement, job is fully secured.

Skill development - Good

+5 more

Dislikes

Hikes are very less, no work plan in regular base. If plan the work it will not complete due to several problems. Work pressure is more. 200%

Customer Service Executive in Madhavpur, Hyderabad

Other Department

3.0

• posted on 11 Jul 2020

2.0

for Salary and Benefits

Likes

Now KARVY is not hiring anyone. Company has shut down 70%-80% of it's process. It has removed 80%-90% of it's employee's even not payed their SALARIES. Then we must have to forget our hard earned PF amount(Provident Fund). Company has started shutting down process from 05-Feb-2020. Today 11-July-2020, I haven't received my PF amount. God know;s what will happen.

Promotions - Good

+1 more

Dislikes

...mpany management and management people. They are irresponsible tourchering type. The management will pay your salary after 20 days later. Means.... Suppose... Person-A started working on 1st-May-2020 to 31st-May-2020. He should get salary between 31-May-2020 to 05th-June-2020--10th-June-2020. But management will going to pay you between 20-June-2020 to 25-June-2020. If you want to resign the company then after your resignation they will pay after 45-day's or 60-days of resignation date. There is no transport from company. Only one way for those people(only girls) who have logout between 9pm-12am So, I hope you people can understand.

Salary - Poor

Customer Care Executive in Hyderabad / Secunderabad

Engineering - Software & QA Department

2.0

• posted on 07 May 2020

2.0

for Salary and Benefits

Likes

Karvy keeps my last month salary, also I have been completed 45 days but didn't provided even my salary, work pressure is high , target base job.

Company culture - Good

Dislikes

Target base job , if u will small mistake on call they will fire u

Salary - Poor

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Karvy Financial Services Associate Salary FAQs

What is the salary of Associate at Karvy Financial Services ?

The average salary of a Associate at Karvy Financial Services in India typically ranges from ₹2.0 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Associate at Karvy Financial Services earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Associate Salaries at Karvy Financial Services 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 7 Karvy Financial Services employees in India.

What is the estimated take home salary of a Associate at Karvy Financial Services in India?

The estimated take-home salary of a Associate at Karvy Financial Services in India typically ranges from ₹16,221 to ₹17,894 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 1 year to 6 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 7 salaries received from various employees of Karvy Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karvy Financial Services for Associate in India?

Nomura Structured Finance Services	₹18.0 Lakhs to ₹42.0 Lakhs per year
JPMorgan Chase & Co.	₹10.0 Lakhs to ₹43.1 Lakhs per year
IndiaNivesh Securities	₹14.0 Lakhs to ₹24.0 Lakhs per year
Citicorp	₹11.0 Lakhs to ₹25.8 Lakhs per year
UBS	₹5.0 Lakhs to ₹20.6 Lakhs per year

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

What is the salary of a Associate in companies similar to Karvy Financial Services in India?

The salary of a Associate at companies similar to Karvy Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morgan Stanley	₹5.2 Lakhs to ₹20.5 Lakhs per year
American Express	₹10.6 Lakhs to ₹10.8 Lakhs per year
HSBC Group	₹3.8 Lakhs to ₹15.9 Lakhs per year
RBSA Advisors	₹3.8 Lakhs to ₹13.0 Lakhs per year
BNY	₹3.6 Lakhs to ₹15.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate at Karvy Financial Services in India?

The salary growth for a Associate at Karvy Financial Services depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at Karvy Financial Services:

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Karvy Financial Services Associate Salaries

Karvy Financial Services Associate salary in India ranges between ₹2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Karvy Financial Services latest salaries received from various employees of Karvy Financial Services.