Karvy Financial Services Mumbai Branch Manager Salaries by 3 Employees (Updated 2025)

10 - 13 years exp.

₹5.2 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Branch Manager Salary in Financial Services Companies for 10 - 13 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.3 L/yr
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BFSI, Investments & Trading Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.5 L/yr

Last Updated: 26 Jul 2023

Companies similar to Karvy Financial Services for Branch Manager in Mumbai

Karvy Financial Services Branch Manager Salary

10 - 13 years exp. (3 salaries)

₹5.2 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Branch Manager Salary 3 - 11 years exp. (32 salaries)	₹4 L/yr - ₹8.6 L/yr 39% more
HDFC Securities Branch Manager Salary 4 - 18 years exp. (32 salaries)	₹5.5 L/yr - ₹13.1 L/yr 61% more	1 job opening
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Sharekhan Branch Manager Salary 9 - 17 years exp. (4 salaries)	₹12 L/yr - ₹14.3 L/yr 144% more
Angel One Branch Manager Salary 5 - 14 years exp. (16 salaries)	₹3.9 L/yr - ₹7.4 L/yr 15% more
Motilal Oswal Financial Services Branch Manager Salary 8 - 16 years exp. (10 salaries)	₹4.8 L/yr - ₹11.5 L/yr 37% more
Edelweiss Branch Manager Salary 5 - 12 years exp. (9 salaries)	₹4.2 L/yr - ₹10 L/yr 35% more	1 job opening
Kotak Securities Branch Manager Salary 7 - 16 years exp. (10 salaries)	₹5 L/yr - ₹11.5 L/yr 40% more
Aditya Birla Capital Branch Manager Salary 4 - 16 years exp. (4 salaries)	₹5 L/yr - ₹12.7 L/yr 60% more

Branch Manager salary at Karvy Financial Services ranges between ₹5.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Karvy Financial Services.

Experience wise Karvy Financial Services Branch Manager salaries in Mumbai

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Karvy Financial Services

Deputy Manager Salary

(6 salaries)

₹4 L/yr - ₹10 L/yr

Branch Sales Manager Salary

(3 salaries)

₹4.15 L/yr - ₹6.3 L/yr

Salary related reviews for Karvy Financial Services

5.0

Rated by 2 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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Karvy Financial Services Branch Manager Salary FAQs

What is the notice period for Branch Manager at Karvy Financial Services in Mumbai?

According to AmbitionBox, 100% of the Karvy Financial Services Branch Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Karvy Financial Services Branch Manager Salaries in Mumbai

Karvy Financial Services Branch Manager salary in Mumbai ranges between ₹5.2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Karvy Financial Services latest salaries received from various employees of Karvy Financial Services.