Karvy Financial Services State Head Salaries by 4 Employees

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
Cholamandalam Investment & Finance State Head Salary 11 - 18 years exp. (7 salaries)	₹13 L/yr - ₹25 L/yr 50% more	1 job opening
Bajaj Finserv State Head Salary 7 - 14 years exp. (5 salaries)	₹10 L/yr - ₹18 L/yr 13% less
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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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Similar Designation salaries in Karvy Financial Services

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(7 salaries)

₹2 L/yr - ₹3.05 L/yr

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Sales Officer Salary

(6 salaries)

₹1.15 L/yr - ₹2.5 L/yr

Sales Executive Salary

(6 salaries)

₹1.6 L/yr - ₹3.1 L/yr

Branch Manager Salary

(9 salaries)

₹3.5 L/yr - ₹7.5 L/yr

Area Manager Salary

(4 salaries)

₹4 L/yr - ₹7 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Deputy Manager Salary

(21 salaries)

₹3.8 L/yr - ₹10 L/yr

Regional Manager Salary

(4 salaries)

₹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

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 State Head Salary FAQs

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

The average salary of a State Head at Karvy Financial Services in India typically ranges from ₹10.5 Lakhs to ₹18.3 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of State Head at Karvy Financial Services earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹18.3 Lakhs per year. State Head 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 State Head at Karvy Financial Services in India?

The estimated take-home salary of a State Head at Karvy Financial Services in India typically ranges from ₹1,01,117 to ₹1,03,875 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹18.3 Lakhs per year for employees with experience ranging from 9 years to 14 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.

Which companies offer higher salaries than Karvy Financial Services for State Head in India?

Cholamandalam Investment & Finance	₹13.0 Lakhs to ₹25.0 Lakhs per year
Citicorp	₹15.0 Lakhs to ₹22.0 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 State Head in companies similar to Karvy Financial Services in India?

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

Bajaj Finserv	₹10.0 Lakhs to ₹18.0 Lakhs per year
Manappuram Home Finance	₹8.3 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital	₹6.0 Lakhs to ₹19.0 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 State Head at Karvy Financial Services in India?

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

Experience	Average Salary Range
9 years	₹13.0 Lakhs to ₹23.6 Lakhs per year
10 years	₹5.5 Lakhs to ₹16.0 Lakhs per year
11 years	₹12.9 Lakhs to ₹16.4 Lakhs per year
12 years	₹10.5 Lakhs to ₹26.8 Lakhs per year

and so on.

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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.