Karvy Financial Services IT Manager Salaries by 4 Employees (Updated 2025)

13 - 15 years exp.

₹12 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

11% less than the average IT Manager Salary in Financial Services Companies for 13 - 15 years of experience

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Last Updated: 9 Mar 2025

Companies similar to Karvy Financial Services for IT Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam Investment & Finance IT Manager Salary 7 - 18 years exp. (21 salaries)	₹9.5 L/yr - ₹19.2 L/yr 19% more
Bajaj Finserv IT Manager Salary 2 - 6 years exp. (18 salaries)	₹5 L/yr - ₹16.7 L/yr 25% less
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Wells Fargo IT Manager Salary 11 - 17 years exp. (13 salaries)	₹19 L/yr - ₹35 L/yr 124% more
Morgan Stanley IT Manager Salary 3 - 11 years exp. (12 salaries)	₹18.5 L/yr - ₹35 L/yr 131% more
BNP Paribas IT Manager Salary 12 - 14 years exp. (6 salaries)	₹16 L/yr - ₹26 L/yr 77% more
DKSH IT Manager Salary 8 - 15 years exp. (4 salaries)	₹10.6 L/yr - ₹16.5 L/yr 5% more
Aditya Birla Capital IT Manager Salary 7 - 10 years exp. (4 salaries)	₹8.7 L/yr - ₹10.2 L/yr 24% less
JPMorgan Chase & Co. IT Manager Salary 9 - 17 years exp. (4 salaries)	₹17 L/yr - ₹60 L/yr 240% more
HSBC Group IT Manager Salary 6 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 5% less
RBSA Advisors IT Manager Salary 9 - 11 years exp. (3 salaries)	₹8 L/yr - ₹9.8 L/yr 31% less

IT Manager salary at Karvy Financial Services ranges between ₹12 Lakhs to ₹13.5 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Karvy Financial Services.

Experience wise Karvy Financial Services IT Manager salaries

Last Updated: 9 Mar 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
14 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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15+ years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

Similar Designation salaries in Karvy Financial Services

Deputy Manager Salary

(21 salaries)

₹3.8 L/yr - ₹10 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Team Lead Salary

(7 salaries)

₹2 L/yr - ₹3.05 L/yr

Analyst Salary

(4 salaries)

₹2 L/yr - ₹6 L/yr

Operations Manager Salary

(9 salaries)

₹3.2 L/yr - ₹8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Analyst Salary

(3 salaries)

₹3.2 L/yr - ₹6 L/yr

System Engineer Salary

(6 salaries)

₹1 L/yr - ₹3 L/yr

Software Engineer Salary

(6 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Senior Associate Salary

(12 salaries)

₹1.05 L/yr - ₹3 L/yr

Top skills at Karvy Financial Services for IT Manager

IT Infrastructure Troubleshooting ASP SQL Server .Net System Support MVC

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

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%

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

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Karvy Financial Services IT Manager Salary FAQs

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

The average salary of a IT Manager at Karvy Financial Services in India typically ranges from ₹12.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 13 years to 15 years).

The top 10% of IT Manager at Karvy Financial Services earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. IT Manager 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 4 Karvy Financial Services employees in India.

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

The estimated take-home salary of a IT Manager at Karvy Financial Services in India typically ranges from ₹87,802 to ₹90,105 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 13 years to 15 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 4 salaries received from various employees of Karvy Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a IT Manager at Karvy Financial Services ?

To be a IT Manager at Karvy Financial Services in india, the key skills required include:

- IT Infrastructure
- Troubleshooting
- ASP
- SQL Server
- .Net

These skills are highly valued at Karvy Financial Services and are crucial for successful performance in a Software Engineering role.

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

JPMorgan Chase & Co.	₹17.0 Lakhs to ₹60.0 Lakhs per year
Morgan Stanley	₹18.5 Lakhs to ₹35.0 Lakhs per year
Wells Fargo	₹19.0 Lakhs to ₹35.0 Lakhs per year
BNP Paribas	₹16.0 Lakhs to ₹26.0 Lakhs per year
Cholamandalam Investment & Finance	₹9.5 Lakhs to ₹19.2 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 IT Manager in companies similar to Karvy Financial Services in India?

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

DKSH	₹10.6 Lakhs to ₹16.5 Lakhs per year
HSBC Group	₹6.5 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Capital	₹8.7 Lakhs to ₹10.2 Lakhs per year
Bajaj Finserv	₹5.0 Lakhs to ₹16.7 Lakhs per year
RBSA Advisors	₹8.0 Lakhs to ₹9.8 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 IT Manager at Karvy Financial Services in India?

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

Experience	Average Salary Range
13 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
14 years	₹12.2 Lakhs to ₹15.5 Lakhs per year
15 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

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Karvy Financial Services IT Manager Salaries

Karvy Financial Services IT Manager salary in India ranges between ₹12 Lakhs to ₹13.5 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 IT Manager salaries in India (Updated 2025)

Companies similar to Karvy Financial Services for IT Manager

Latest annual salaries shared by Karvy Financial Services IT Manager

Experience wise Karvy Financial Services IT Manager salaries

Similar Designation salaries in Karvy Financial Services

Top skills at Karvy Financial Services for IT Manager

Salary related reviews for Karvy Financial Services

Team Lead in Bangalore / Bengaluru

Software Engineer in Hyderabad / Secunderabad

Associate in New Delhi

Customer Service Executive in Madhavpur, Hyderabad

Customer Care Executive in Hyderabad / Secunderabad

Karvy Financial Services IT Manager Salary FAQs

Tell us how to improve this page.