Karvy Financial Services Back Office Executive Salaries by 7 Employees

1 - 9 years exp.

₹1.7 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Back Office Executive Salary in Financial Services Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Back Office Executive Salary 5 - 9 years exp. (3 salaries)	₹2.1 L/yr - ₹2.5 L/yr
Engineering - Software & QA Back Office Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2 L/yr
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Finance & Accounting Back Office Executive Salary 2 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr

Last Updated: 27 May 2023

Companies similar to Karvy Financial Services for Back Office Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Back Office Executive Salary 1 - 5 years exp. (68 salaries)	₹1.5 L/yr - ₹4.5 L/yr 26% more
Citicorp Back Office Executive Salary 0 - 5 years exp. (41 salaries)	₹1 L/yr - ₹4.6 L/yr 23% more
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Aditya Birla Capital Back Office Executive Salary 0 - 12 years exp. (12 salaries)	₹1.2 L/yr - ₹5 L/yr 23% more
Cholamandalam Investment & Finance Back Office Executive Salary 2 - 7 years exp. (10 salaries)	₹1.6 L/yr - ₹4 L/yr 16% more
American Express Back Office Executive Salary 2 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹5 L/yr 44% more
JPMorgan Chase & Co. Back Office Executive Salary 3 - 13 years exp. (8 salaries)	₹1.4 L/yr - ₹5 L/yr 59% more
BNP Paribas Back Office Executive Salary 1 - 8 years exp. (7 salaries)	₹2 L/yr - ₹3.2 L/yr 28% more
HSBC Group Back Office Executive Salary 0 - 3 years exp. (5 salaries)	₹0.9 L/yr - ₹4.7 L/yr 13% more
Micro Finance Back Office Executive Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.9 L/yr 17% more
BNY Back Office Executive Salary 5 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 57% more
IndiaNivesh Securities Back Office Executive Salary 1 - 13 years exp. (3 salaries)	₹1.2 L/yr - ₹2.5 L/yr 12% less
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Muthoot Pappachan Group Back Office Executive Salary 0 - 7 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr 6% less

Back Office Executive salary at Karvy Financial Services ranges between ₹1.7 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Karvy Financial Services.

Experience wise Karvy Financial Services Back Office Executive salaries

Last Updated: 27 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.6 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
7 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr
8 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
9 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr

View all

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Salary related reviews for Karvy Financial Services

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

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

Customer Service Executive in Hyderabad / Secunderabad

Other Department

4.0

• posted on 29 Dec 2019

4.0

for Salary and Benefits

Likes

If u want to built u r career as customer service representative . Without any doubt u can join this firm The only thing I love about Karvy is team bonding from bottom to the top management of the firm

Salary - Good

+4 more

Dislikes

Salary is the main issue

Customer Care Executive in Pune

Telecom Department

3.0

• posted on 29 Dec 2019

1.0

for Salary and Benefits

Likes

...llow you to grow .....pathetic environment ....no help from hr or site head ....never salary in time ....people are wasting timr working with karvy ....not a good option

Promotions - Good

Dislikes

Bad

Salary - Bad

+5 more

see more salary related reviews

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Top trending discussions

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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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Karvy Financial Services Back Office Executive Salary FAQs

What is the salary of Back Office Executive at Karvy Financial Services ?

The average salary of a Back Office Executive at Karvy Financial Services in India typically ranges from ₹1.7 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Back Office Executive at Karvy Financial Services earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Back Office Executive 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 Back Office Executive at Karvy Financial Services in India?

The estimated take-home salary of a Back Office Executive at Karvy Financial Services in India typically ranges from ₹14,234 to ₹15,736 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 9 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 Back Office Executive in India?

JPMorgan Chase & Co.	₹1.4 Lakhs to ₹5.0 Lakhs per year
BNY	₹3.0 Lakhs to ₹3.5 Lakhs per year
American Express	₹1.5 Lakhs to ₹5.0 Lakhs per year
BNP Paribas	₹2.0 Lakhs to ₹3.2 Lakhs per year
Bajaj Finserv	₹1.5 Lakhs to ₹4.5 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 Back Office Executive in companies similar to Karvy Financial Services in India?

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

Citicorp	₹1.0 Lakhs to ₹4.6 Lakhs per year
Aditya Birla Capital	₹1.2 Lakhs to ₹5.0 Lakhs per year
Micro Finance	₹1.5 Lakhs to ₹2.9 Lakhs per year
Cholamandalam Investment & Finance	₹1.6 Lakhs to ₹4.0 Lakhs per year
HSBC Group	₹0.9 Lakhs to ₹4.7 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 Back Office Executive at Karvy Financial Services in India?

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

Experience	Average Salary Range
1 year	₹0.8 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.7 Lakhs to ₹3.6 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
4 years	₹1.8 Lakhs to ₹2.4 Lakhs per year

and so on.

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Karvy Financial Services Back Office Executive Salaries

Karvy Financial Services Back Office Executive salary in India ranges between ₹1.7 Lakh to ₹2.5 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.