Karvy Financial Services Credit Manager Salaries by 4 Employees (Updated 2024)

5 - 9 years exp.

₹4.6 Lakhs - ₹7.8 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Credit Manager Salary in Financial Services Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.5 L/yr
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Finance & Accounting Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to Karvy Financial Services for Credit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Credit Manager Salary 0 - 2 years exp. (4 salaries)	₹6.7 L/yr - ₹15.5 L/yr 57% more
Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 22% less
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Motilal Oswal Financial Services Credit Manager Salary 1 - 13 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 21% less
Edelweiss Credit Manager Salary 0 - 8 years exp. (153 salaries)	₹2.7 L/yr - ₹12 L/yr 1% more
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (374 salaries)	₹2.5 L/yr - ₹8.5 L/yr 14% less
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (171 salaries)	₹4 L/yr - ₹13 L/yr 10% more
Manappuram Home Finance Credit Manager Salary 1 - 10 years exp. (26 salaries)	₹2.5 L/yr - ₹7 L/yr 32% less
HSBC Group Credit Manager Salary 0 - 6 years exp. (20 salaries)	₹4.6 L/yr - ₹15.5 L/yr 55% more
Muthoot Pappachan Group Credit Manager Salary 0 - 7 years exp. (7 salaries)	₹1.8 L/yr - ₹6.2 L/yr 45% less
Citicorp Credit Manager Salary 5 - 14 years exp. (6 salaries)	₹9.3 L/yr - ₹13.8 L/yr 74% more
American Express Credit Manager Salary 4 - 13 years exp. (4 salaries)	₹15.7 L/yr - ₹35 L/yr 256% more
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Wells Fargo Credit Manager Salary 2 - 11 years exp. (4 salaries)	₹7.7 L/yr - ₹25 L/yr 174% more
JPMorgan Chase & Co. Credit Manager Salary 3 years exp. (3 salaries)	₹15 L/yr - ₹27 L/yr 225% more

Credit Manager salary at Karvy Financial Services ranges between ₹4.6 Lakhs to ₹7.8 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Karvy Financial Services.

Experience wise Karvy Financial Services Credit Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.5 L/yr
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7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14 L/yr

Similar Designation salaries in Karvy Financial Services

Credit Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Area Credit Manager Salary

(3 salaries)

₹12 L/yr - ₹13.2 L/yr

Branch Manager Salary

(9 salaries)

₹3.5 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(21 salaries)

₹3.8 L/yr - ₹10 L/yr

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Branch Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹8 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Sales Officer Salary

(6 salaries)

₹1.15 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(6 salaries)

₹2 L/yr - ₹3 L/yr

Salary related reviews for Karvy Financial Services

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

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

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.

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.

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.

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.

Dislikes

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Karvy Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at Karvy Financial Services?

Credit Manager salary at Karvy Financial Services in India ranges between ₹4.6 Lakhs to ₹7.8 Lakhs for experience between 5 years to 9 years. According to our estimates it is 11% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Karvy Financial Services India.

How does the salary of a Credit Manager at Karvy Financial Services India compare with the average salary range for this job?

The average salary of a Credit Manager at Karvy Financial Services is 11% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Karvy Financial Services to a Credit Manager in India?

American Express Credit Manager Salary - ₹15.7 Lakhs to ₹35.0 Lakhs per year
JPMorgan Chase & Co. Credit Manager Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
Wells Fargo Credit Manager Salary - ₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp Credit Manager Salary - ₹9.3 Lakhs to ₹13.8 Lakhs per year
ICICI Securities Credit Manager Salary - ₹6.7 Lakhs to ₹15.5 Lakhs per year

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

HSBC Group Credit Manager Salary - ₹4.6 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Edelweiss Credit Manager Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
Bajaj Finserv Credit Manager Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
Motilal Oswal Financial Services Credit Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Karvy Financial Services ranges between ₹50,529 per month to ₹51,721 per month in India. The take-home salary calculation is based on the average Karvy Financial Services Credit Manager salary in India which ranges between ₹4.6 Lakhs to ₹7.8 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

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Karvy Financial Services Credit Manager Salaries

Karvy Financial Services Credit Manager salary in India ranges between ₹4.6 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Karvy Financial Services latest salaries received from various employees of Karvy Financial Services.

Karvy Financial Services Credit Manager salaries in India

Companies similar to Karvy Financial Services for Credit Manager

Latest annual salaries shared by Karvy Financial Services Credit Manager

Experience wise Karvy Financial Services Credit Manager salaries

Similar Designation salaries in Karvy Financial Services

Salary related reviews for Karvy Financial Services

Associate in New Delhi

Team Lead in Bangalore / Bengaluru

Software Engineer in Hyderabad / Secunderabad

Customer Service Executive in Madhavpur, Hyderabad

Customer Care Executive in Hyderabad / Secunderabad

Karvy Financial Services Credit Manager Salary FAQs

Tell us how to improve this page.

Karvy Financial Services Credit Manager Salaries by Location