Karvy Financial Services State Head Salaries by 4 Employees (Updated 2025)

9 - 14 years exp.

₹10.5 Lakhs - ₹18.3 Lakhs

Low Confidence

Salary of majority employees

8% less than the average State Head Salary in Financial Services Companies for 9 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹18.3 L/yr
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Sales & Business Development State Head Salary 10 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 13 Mar 2023

Companies similar to Karvy Financial Services for State Head

Company name	Avg Annual Salary	Open Jobs
ICICI Securities State Head Salary 11 - 18 years exp. (14 salaries)	₹11.9 L/yr - ₹17 L/yr 5% more
HDFC Securities State Head Salary 17 - 21 years exp. (4 salaries)	₹18 L/yr - ₹24.9 L/yr 53% more
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Motilal Oswal Financial Services State Head Salary 11 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹22 L/yr 8% more
Edelweiss State Head Salary 15 - 17 years exp. (4 salaries)	₹10.3 L/yr - ₹13 L/yr 18% less
Kotak Securities State Head Salary 5 - 17 years exp. (8 salaries)	₹6.5 L/yr - ₹15 L/yr 34% less
Cholamandalam Investment & Finance State Head Salary 11 - 18 years exp. (7 salaries)	₹13 L/yr - ₹25 L/yr 52% more
Bajaj Finserv State Head Salary 7 - 14 years exp. (5 salaries)	₹9.7 L/yr - ₹19 L/yr 2% less
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 20% less
Citicorp State Head Salary 15 - 18 years exp. (4 salaries)	₹15 L/yr - ₹22 L/yr 37% more
Manappuram Home Finance State Head Salary 16 - 18 years exp. (3 salaries)	₹8.3 L/yr - ₹20 L/yr 16% less

State Head salary at Karvy Financial Services ranges between ₹10.5 Lakhs to ₹18.3 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Karvy Financial Services.

Experience wise Karvy Financial Services State Head salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹23.6 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹16 L/yr
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11 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.4 L/yr
12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹26.8 L/yr
13 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹18.3 L/yr

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Sales Executive Salary

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Branch Manager Salary

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Area Manager Salary

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₹4 L/yr - ₹7 L/yr

Cluster Manager Salary

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₹6.3 L/yr - ₹8 L/yr

Deputy Manager Salary

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₹3.8 L/yr - ₹10 L/yr

Regional Manager Salary

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₹8 L/yr - ₹10 L/yr

Area Sales Manager Salary

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₹4.9 L/yr - ₹6.2 L/yr

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

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

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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Karvy Financial Services State Head Salary FAQs

What is the salary of State Head at Karvy Financial Services?

State Head salary at Karvy Financial Services in India ranges between ₹10.5 Lakhs to ₹18.3 Lakhs for experience between 9 years to 14 years. According to our estimates it is 8% less than the average State Head 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 State Head at Karvy Financial Services India compare with the average salary range for this job?

The average salary of a State Head at Karvy Financial Services is 8% less than the average salary of a State Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Karvy Financial Services to a State Head in India?

HDFC Securities State Head Salary - ₹18.0 Lakhs to ₹24.9 Lakhs per year
Cholamandalam Investment & Finance State Head Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
Citicorp State Head Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
Motilal Oswal Financial Services State Head Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year
ICICI Securities State Head Salary - ₹11.9 Lakhs to ₹17.0 Lakhs per year

What is the salary of a State Head in companies similar to Karvy Financial Services in India?

Bajaj Finserv State Head Salary - ₹9.7 Lakhs to ₹19.0 Lakhs per year
Manappuram Home Finance State Head Salary - ₹8.3 Lakhs to ₹20.0 Lakhs per year
Edelweiss State Head Salary - ₹10.3 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Capital State Head Salary - ₹6.0 Lakhs to ₹19.0 Lakhs per year
Kotak Securities State Head Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a State Head at Karvy Financial Services ranges between ₹1,01,117 per month to ₹1,03,875 per month in India. The take-home salary calculation is based on the average Karvy Financial Services State Head salary in India which ranges between ₹10.5 Lakhs to ₹18.3 Lakhs per year for employees with experience between 9 years to 14 years. Check how did we calculate take home salary?

What is the notice period for State Head at Karvy Financial Services?

According to AmbitionBox, 100% of the Karvy Financial Services State Heads 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 State Head Salaries

Karvy Financial Services State Head salary in India ranges between ₹10.5 Lakhs to ₹18.3 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.