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Karvy Insurance Repository Software Developer salaries in India

Annual salary range
1 - 5 years exp.
₹1.1 Lakh - ₹4.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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72% less than the average Software Developer Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Karvy Insurance Repository for Software Developer

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹5.9 L/yr

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Vidal Health Tpa Software Developer Salary

1 - 6 years exp. (23 salaries)

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₹5 L/yr - ₹12.5 L/yr

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₹1.9 L/yr - ₹8.5 L/yr

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₹3 L/yr - ₹6.6 L/yr

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₹4 L/yr - ₹11.9 L/yr

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Coverfox Software Developer Salary

0 - 7 years exp. (10 salaries)

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₹6 L/yr - ₹11 L/yr

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Raksha TPA Software Developer Salary

1 - 7 years exp. (10 salaries)

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₹1 L/yr - ₹6.2 L/yr

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Easypolicy.com Software Developer Salary

0 - 5 years exp. (4 salaries)

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₹6.8 L/yr - ₹16 L/yr

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₹2.7 L/yr - ₹5.3 L/yr

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₹5.8 L/yr - ₹26.3 L/yr

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₹4.5 L/yr - ₹6 L/yr

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₹5 L/yr - ₹8.5 L/yr

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₹2.3 L/yr - ₹6 L/yr

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Sequoia Group Software Developer Salary

0 - 4 years exp. (3 salaries)

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₹9 L/yr - ₹17.5 L/yr

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Software Developer salary at Karvy Insurance Repository ranges between ₹1.1 Lakh to ₹4.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Karvy Insurance Repository.

Latest annual salaries shared by Karvy Insurance Repository Software Developer

1y ago
₹2.4 Lakhs
1 year exp.
1y ago
₹2.8 Lakhs
4 years exp.
1y ago
₹1.1 Lakh
2 years exp.
1y ago
₹4.8 Lakhs
5 years exp.
1y ago
₹2.2 Lakhs
2 years exp.

Experience wise Karvy Insurance Repository Software Developer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹0.9 L/yr - ₹1.2 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Karvy Insurance Repository

Senior Developer Salary
(AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr
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₹3 L/yr - ₹5.8 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Team Lead Salary
(3 salaries)
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₹1.8 L/yr - ₹2.5 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Programmer Analyst Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹11.9 L/yr - ₹15.2 L/yr

Salary related reviews for Karvy Insurance Repository

Insurance Department

4.0
  •  posted on 23 Mar 2018

2.0
 for  Salary and Benefits

Likes

Karvy is a good company for learners. It is a good platform for many job opportunities.

  • Job security - Good

Dislikes

...sportation if there is heavy work load at nights. And they will not give OT's. Salary is very less when compared to other industries

read more
  • Salary - Poor

Engineering - Software & QA Department

5.0
  •  posted on 11 Jul 2021

4.0
 for  Salary and Benefits

Likes

No issues but it depends on your manager who you work under few are down to earth persons whom i reported even i had done the same thing to my team members who reported to me. But its depends on who you are reporting.

read more
  • Salary - Good
  • +6 more

Dislikes

Not much to say as i did not found anything

Customer Success, Service & Operations Department

1.0
  •  posted on 18 Apr 2018

3.0
 for  Salary and Benefits

Likes

I personally would not recommend any one to join Karvy unless they are looking for some kind of a stop gap period. Management is totally immatured, doesn't know how to run a business being a vendor....very very poor experience in my entire career.

read more

Dislikes

  • Skill development - Bad
  • Job security - Bad
  • +4 more

Life Insurance Department

4.0
  •  posted on 12 May 2022

3.0
 for  Salary and Benefits

Likes

Manager is Well Supportive to Employees Before Joing kindly Negotiate ur Required Salary

  • Skill development - Excellent
  • +2 more

Dislikes

Growth for higher level is okay But when Coming to low level is Slow I mean for A.M and Manager is Okay but when coming to Executive, Senior Executive..Slow

read more
  • Promotions - Poor
see more salary related reviews

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Karvy Insurance Repository Software Developer Salary FAQs

What is the salary of Software Developer at Karvy Insurance Repository ?
The average salary of a Software Developer at Karvy Insurance Repository in India typically ranges from ₹1.1 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Developer at Karvy Insurance Repository earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Software Developer Salaries at Karvy Insurance Repository 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 5 Karvy Insurance Repository employees in India.
What is the estimated take home salary of a Software Developer at Karvy Insurance Repository in India?
The estimated take-home salary of a Software Developer at Karvy Insurance Repository in India typically ranges from ₹17,332 to ₹19,035 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 salaries received from various employees of Karvy Insurance Repository. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Karvy Insurance Repository for Software Developer in India?
AXA Business Services ₹5.8 Lakhs to ₹26.3 Lakhs per year
Sequoia Group ₹9.0 Lakhs to ₹17.5 Lakhs per year
Easypolicy.com ₹6.8 Lakhs to ₹16.0 Lakhs per year
Coverfox ₹6.0 Lakhs to ₹11.0 Lakhs per year
Vidal Health Tpa ₹5.0 Lakhs to ₹12.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Karvy Insurance Repository, depending on the role and experience level.
What is the salary of a Software Developer in companies similar to Karvy Insurance Repository in India?
The salary of a Software Developer at companies similar to Karvy Insurance Repository in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Vidal Health Insurance ₹4.0 Lakhs to ₹11.9 Lakhs per year
CHCS Services India Pvt. Ltd. ₹5.0 Lakhs to ₹8.5 Lakhs per year
Aon Risk Insurance Brokers ₹4.5 Lakhs to ₹6.0 Lakhs per year
Health India Tpa Services ₹2.4 Lakhs to ₹5.9 Lakhs per year
Agriculture Insurance Company of India ₹3.0 Lakhs to ₹6.6 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 Software Developer at Karvy Insurance Repository in India?
The salary growth for a Software Developer at Karvy Insurance Repository depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at Karvy Insurance Repository:

Experience Average Salary Range
1 year ₹0.9 Lakhs to ₹1.2 Lakhs per year
2 years ₹1.5 Lakhs to ₹2.0 Lakhs per year
3 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

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Karvy Insurance Repository Software Developer salary in India ranges between ₹1.1 Lakh to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Karvy Insurance Repository latest salaries received from various employees of Karvy Insurance Repository.