Karvy Financial Services Collections Executive Salaries by 6 Employees

0 - 4 years exp.

₹1.1 Lakh - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average Collections Executive Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Finance & Accounting Collections Executive Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 28 Jul 2023

Companies similar to Karvy Financial Services for Collections Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Collections Executive Salary 1 - 6 years exp. (130 salaries)	₹1 L/yr - ₹5 L/yr 28% more
Cholamandalam Investment & Finance Collections Executive Salary 2 - 8 years exp. (69 salaries)	₹1.4 L/yr - ₹4.1 L/yr 26% more	1 job opening
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HSBC Group Collections Executive Salary 3 - 8 years exp. (18 salaries)	₹3.2 L/yr - ₹5 L/yr 80% more
JPMorgan Chase & Co. Collections Executive Salary 2 - 5 years exp. (12 salaries)	₹4.6 L/yr - ₹9 L/yr 188% more
Citicorp Collections Executive Salary 0 - 10 years exp. (10 salaries)	₹1.5 L/yr - ₹3.6 L/yr 7% more
Aditya Birla Capital Collections Executive Salary 1 - 8 years exp. (7 salaries)	₹1.9 L/yr - ₹4.5 L/yr 75% more
American Express Collections Executive Salary 1 - 5 years exp. (6 salaries)	₹6 L/yr - ₹9.1 L/yr 184% more
Daimler Financial Services Collections Executive Salary 4 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 52% more
Micro Finance Collections Executive Salary 1 - 9 years exp. (5 salaries)	₹1.2 L/yr - ₹2.4 L/yr 21% less
Manappuram Home Finance Collections Executive Salary 2 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹3.2 L/yr 37% more

Collections Executive salary at Karvy Financial Services ranges between ₹1.1 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Karvy Financial Services.

Experience wise Karvy Financial Services Collections Executive salaries

Last Updated: 28 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.5 L/yr

Salary related reviews for Karvy Financial Services

3.0

Rated by 1 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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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 Collections Executive Salary FAQs

What is the salary of Collections Executive at Karvy Financial Services ?

The average salary of a Collections Executive at Karvy Financial Services in India typically ranges from ₹1.1 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Collections Executive at Karvy Financial Services earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collections 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 6 Karvy Financial Services employees in India.

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

The estimated take-home salary of a Collections Executive at Karvy Financial Services in India typically ranges from ₹14,898 to ₹16,456 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 6 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 Collections Executive in India?

JPMorgan Chase & Co.	₹4.6 Lakhs to ₹9.0 Lakhs per year
American Express	₹6.0 Lakhs to ₹9.1 Lakhs per year
HSBC Group	₹3.2 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Capital	₹1.9 Lakhs to ₹4.5 Lakhs per year
Daimler Financial Services	₹3.0 Lakhs to ₹4.0 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 Collections Executive in companies similar to Karvy Financial Services in India?

The salary of a Collections 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:

Manappuram Home Finance	₹2.8 Lakhs to ₹3.2 Lakhs per year
Bajaj Finserv	₹1.0 Lakhs to ₹5.0 Lakhs per year
Cholamandalam Investment & Finance	₹1.4 Lakhs to ₹4.1 Lakhs per year
Citicorp	₹1.5 Lakhs to ₹3.6 Lakhs per year
Micro Finance	₹1.2 Lakhs to ₹2.4 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 Collections Executive at Karvy Financial Services in India?

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

Experience	Average Salary Range
Fresher	₹1.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹0.7 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.2 Lakhs to ₹3.9 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.9 Lakhs per year

and so on.

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Karvy Financial Services Collections Executive Salaries

Karvy Financial Services Collections Executive salary in India ranges between ₹1.1 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Karvy Financial Services latest salaries received from various employees of Karvy Financial Services.