Karvy Private Wealth Service Manager Salaries by 4 Employees

4 - 10 years exp.

₹4.5 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Service Manager Salary in Financial Services Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Service Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Service Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Finance & Accounting Service Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 12 Mar 2023

Companies similar to Karvy Private Wealth for Service Manager

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Service Manager Salary 3 - 16 years exp. (5 salaries)	₹3 L/yr - ₹9 L/yr 15% more
Motilal Oswal Wealth Management Service Manager Salary 0 - 15 years exp. (11 salaries)	₹5.8 L/yr - ₹12 L/yr 61% more
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JM Financial Service Manager Salary 8 - 12 years exp. (5 salaries)	₹4.1 L/yr - ₹11 L/yr 39% more
HDFC Bank Service Manager Salary 3 - 11 years exp. (71 salaries)	₹2.5 L/yr - ₹9.5 L/yr 10% more
Kotak Mahindra Bank Service Manager Salary 2 - 16 years exp. (196 salaries)	₹3.5 L/yr - ₹14.3 L/yr 53% more
ICICI Bank Service Manager Salary 1 - 8 years exp. (52 salaries)	₹3 L/yr - ₹10.1 L/yr 1% more
ICICI Securities Service Manager Salary 3 - 10 years exp. (5 salaries)	₹4.5 L/yr - ₹5.3 L/yr 10% less
Bajaj Finserv Service Manager Salary 1 - 6 years exp. (5 salaries)	₹3.4 L/yr - ₹6.5 L/yr 19% less
Motilal Oswal Financial Services Service Manager Salary 5 - 8 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 5% less
Equiniti Service Manager Salary 7 - 13 years exp. (4 salaries)	₹11.5 L/yr - ₹21.5 L/yr 239% more
MSCI Service Manager Salary 6 - 17 years exp. (3 salaries)	₹13 L/yr - ₹18.5 L/yr 196% more
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Service Manager salary at Karvy Private Wealth ranges between ₹4.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Karvy Private Wealth.

Experience wise Karvy Private Wealth Service Manager salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
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6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Karvy Private Wealth

Deputy Manager Salary

(17 salaries)

₹4.5 L/yr - ₹10 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Regional Service Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Karvy Private Wealth

Assistant Vice President in Mumbai

Wealth Management Department

1.0

• posted on 06 Jan 2021

2.0

for Salary and Benefits

Likes

Nothing is what is good about the company.

Dislikes

They want people to come & immediately bring business on day 1.with the ongoing crisis lasting for more than a year,the management is now playing tricks not to pay Salary.They are very poor in supporting when you bring big deals.Though they call it a Private Wealth setup,it's more or less a retail business model..not suitable for people who want to come with good experience.

Salary - Poor

+6 more

Senior Wealth Manager in Patna

Sales & Business Development Department

5.0

• posted on 06 Dec 2019

5.0

for Salary and Benefits

Likes

Good working environment ,team supporting,salary and appraisal ,training learning and free to work and implementation ideas for result and carrier growth.

Salary - Excellent

+6 more

Dislikes

Being a employee I disagreed for own and group company product management.

Regional Service Head in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 11 Aug 2020

4.0

for Salary and Benefits

Likes

The organisation has been very supportive during these difficult times and has made all necessary arrangements for employees to feel comfortable and work their best.best part is team bonding and sharing of ideas and innovations at work

Salary - Good

+2 more

Dislikes

we can look at having people from lead organisations in our team and look forward to having such team mates .this gives us more exposure to their way of work and brings about a cultural change.

Associate Vice President in Gurgaon / Gurugram

Wealth management Department

5.0

• posted on 03 Oct 2019

5.0

for Salary and Benefits

Likes

Excellent initiatives by the management to boost growth not only for the company but for the individual as well. Work life balance there in the organisation which makes one committed to work.

Salary - Excellent

+6 more

Dislikes

Nothing as such.

Associate Vice President in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 27 Mar 2019

5.0

for Salary and Benefits

Likes

There is lot of small small initiatives taken by this company in favour of the employees , which is totally out of the box and unorthodox. Now these things bring a smile on your face and actually kind of creates a talking point in favour of the organization within your professional /friend circle . Things like 1) special stand up ovation by all senior Management for all women working in the company. 2) special privilege for people who manage to stay fit inspite of the daily work schedules . 3) sending personalized messages to our family members directly through post to help us to stay fit and eat healthy . 4) getting recognition on various platforms All things goes a long way in creating stickiness of the employees towards the company .

Salary - Excellent

+6 more

Dislikes

Nothing as of now

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Karvy Private Wealth Service Manager Salary FAQs

What is the salary of Service Manager at Karvy Private Wealth ?

The average salary of a Service Manager at Karvy Private Wealth in India typically ranges from ₹4.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Service Manager at Karvy Private Wealth earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Service Manager Salaries at Karvy Private Wealth 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 Private Wealth employees in India.

What is the estimated take home salary of a Service Manager at Karvy Private Wealth in India?

The estimated take-home salary of a Service Manager at Karvy Private Wealth in India typically ranges from ₹40,622 to ₹41,778 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 4 years to 10 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 Private Wealth. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karvy Private Wealth for Service Manager in India?

Equiniti	₹11.5 Lakhs to ₹21.5 Lakhs per year
MSCI	₹13.0 Lakhs to ₹18.5 Lakhs per year
Motilal Oswal Wealth Management	₹5.8 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank	₹3.5 Lakhs to ₹14.3 Lakhs per year
JM Financial	₹4.1 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Karvy Private Wealth, depending on the role and experience level.

What is the salary of a Service Manager in companies similar to Karvy Private Wealth in India?

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

IIFL Finance	₹3.0 Lakhs to ₹9.0 Lakhs per year
HDFC Bank	₹2.5 Lakhs to ₹9.5 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹10.1 Lakhs per year
Motilal Oswal Financial Services	₹3.0 Lakhs to ₹7.0 Lakhs per year
ICICI Securities	₹4.5 Lakhs to ₹5.3 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 Service Manager at Karvy Private Wealth in India?

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

Experience	Average Salary Range
4 years	₹4.5 Lakhs to ₹4.5 Lakhs per year
5 years	₹1.9 Lakhs to ₹5.0 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years	₹4.8 Lakhs to ₹6.2 Lakhs per year

and so on.

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Karvy Private Wealth Service Manager Salaries

Karvy Private Wealth Service Manager salary in India ranges between ₹4.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Karvy Private Wealth latest salaries received from various employees of Karvy Private Wealth.

Karvy Private Wealth Service Manager salaries in India

Companies similar to Karvy Private Wealth for Service Manager

Latest annual salaries shared by Karvy Private Wealth Service Manager

Experience wise Karvy Private Wealth Service Manager salaries

Similar Designation salaries in Karvy Private Wealth

Salary related reviews for Karvy Private Wealth

Assistant Vice President in Mumbai

Senior Wealth Manager in Patna

Regional Service Head in Chennai

Associate Vice President in Gurgaon / Gurugram

Associate Vice President in New Delhi

Karvy Private Wealth Service Manager Salary FAQs

Tell us how to improve this page.

Karvy Private Wealth Service Manager Salaries by Location