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Banco Products

3.5
based on 257 Reviews

Working at Banco Products

Company Summary

Overall Rating

3.5/5
based on 257 reviews
highly rated categories
10% below
industry average
highly rated categories
Critically rated for

Promotions/Appraisal, Company Culture, Job Security

Work Policy
Work from office
Work from office
76% employees reported
Monday to Saturday
Monday to Saturday
79% employees reported
Strict timing
Strict timing
60% employees reported
No travel
No travel
53% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
13 employees reported
Office cab/shuttle
Office cab/shuttle
8 employees reported
Health insurance
Health insurance
8 employees reported
Cafeteria
Cafeteria
4 employees reported
View all benefits

About Banco Products

Founded in1961 (64 yrs old)
India Employee Count501-1k
Global Employee Count501-1k
Office Locations
--
Websitebancoindia.com
Primary Industry
Other Industries
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Banco was established in 1961. By combining entrepreneurial spirit with a passion for excellence in engineering, Banco has carved a niche for itself as a leader in the business of engine cooling and engine sealing systems. Banco product scope caters to wide ranging applications in Passenger cars, Commercial vehicles, Agriculture tractor, Construction machinery, Railways, Gensets & Material handling equipment. Not just Products, Bespoke Engine Cooling Systems. Innovation is our Banco DNA. Our world-class R&D facilities at Bhaili and near Ankhi are DSIR approved. Following an "Outside In"​ approach, our engineers develop a comprehensive understanding of customer requirements. With our belief that "one shoe does not fit all"​, we develop bespoke solutions that exceed customer's expectations and deliver outstanding performance under demanding Indian application conditions. By continuously improving on our designs, we are "Future-ready"​ to offer BS-VI solutions for Automotive applications and BS-IV / Euro V applications for Off-highway applications. Nederlandse Radiateuren Fabriek B.V. (NRF), headquartered in Netherlands, became part of Banco in 2010. NRF is a leading manufacturer and supplier of cooling products for the automotive market, industrial, railway, and marine sectors. Banco, with a strong focus on product development together with emphasis on world-class quality, Banco products have won the trust of customers across Europe, the Americas, Asia, and Africa. Banco is the preferred choice of OEMs in the automotive and industrial sectors. Our leading OEM customers include Tata Motors, Ashok Leyland, Cummins, Maruti, Mahindra & Mahindra, Hero Honda, TVS, Harley Davidson, Indian Railways, Caterpillar, JCB, Kirloskar, TAFE, Escorts, SML Isuzu, Manitou, John Deere, just to name of few. With a wide product basket, Banco is a leader in Aftermarket for Engine cooling and Engine sealing products.
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Banco Products Ratings

based on 257 reviews

Overall Rating

3.5/5
How AmbitionBox ratings work?
5
83
4
64
3
61
2
17
1
32

Category Ratings

3.2

Skill Development

3.2

Work-Life Balance

3.2

Salary & Benefits

3.2

Work Satisfaction

3.2

Job Security

3.1

Company Culture

2.9

Promotions/Appraisal

Banco Products is rated 3.5 out of 5 stars on AmbitionBox, based on 257 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Banco Products
based on 245 reviews
2.7
Rated by 9 Women
Rated 3.2 for Skill Development and 3.2 for Work Satisfaction
3.5
Rated by 236 Men
Rated 3.3 for Skill Development and 3.2 for Work-Life Balance

Work Policy at Banco Products

based on 16 reviews in last 6 months
Work from office
76%
Hybrid
18%
Permanent work from home
6%

Banco Products Reviews

Top mentions in Banco Products Reviews

+ 5 more

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Overall Rating
3.5/5
based on 257 reviews
3.8/5
based on 602 reviews
4.0/5
based on 2.4k reviews
4.0/5
based on 93 reviews
Highly Rated for
No highly rated category
No highly rated category
Job Security
Skill development
Company culture
Work-Life balance
Salary & Benefits
Critically Rated for
Promotion/Appraisals
Company culture
Job Security
Promotion/Appraisals
No critically rated category
No critically rated category
Primary Work Policy
Work from office
76% employees reported
Work from office
77% employees reported
Work from office
91% employees reported
-
Rating by Women Employees
2.7
Poor
rated by 9 women
4.2
Good
rated by 40 women
4.0
Good
rated by 195 women
5.0
Excellent
rated by 4 women
Rating by Men Employees
3.5
Good
rated by 236 men
3.8
Good
rated by 533 men
4.0
Good
rated by 2.1k men
3.9
Good
rated by 82 men
Job Security
3.2
Average
3.7
Good
4.1
Good
3.6
Good
View more

Banco Products Salaries

3.2
rated by 257 employees for salaries

Production Engineer

(89 salaries)
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₹1.5 L/yr - ₹7.3 L/yr

Quality Inspector

(31 salaries)
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₹1.4 L/yr - ₹3 L/yr

Senior Engineer

(29 salaries)
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₹3.5 L/yr - ₹8.1 L/yr

HR Officer

(24 salaries)
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₹2.2 L/yr - ₹3.2 L/yr

Quality Engineer

(24 salaries)
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₹1.2 L/yr - ₹3.2 L/yr

Senior Production Engineer

(20 salaries)
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₹2.5 L/yr - ₹7.4 L/yr

Production Supervisor

(13 salaries)
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₹1.4 L/yr - ₹3.5 L/yr

Computer Operator

(12 salaries)
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₹1.3 L/yr - ₹2.9 L/yr

Graduate Engineer Trainee (Get)

(12 salaries)
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₹1.4 L/yr - ₹3 L/yr

Technical Associate

(10 salaries)
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₹1.9 L/yr - ₹2.8 L/yr

Banco Products Interview Questions

Interview Process at Banco Products

based on 4 interviews in last 1 year
Interview Experience
4.5
Good
Difficulty level
Easy
25%
Moderate
75%

People are getting interviews through

based on 9 Banco Products interviews
Campus Placement
22%
Walkin
11%
Recruitment Consultant
11%
Job Portal
11%
*45% candidates got the interview through other sources
stats-bars
Moderate confidence

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Banco Products FAQs

When was Banco Products founded?
Banco Products was founded in 1961. The company has been operating for 64 years primarily in the Auto Components sector.
Where is the Banco Products headquarters located?
Banco Products is headquartered in Vadodara/Baroda, Gujrat.
How many employees does Banco Products have in India?
Banco Products currently has more than 600+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Banco Products based on the number of reviews submitted on AmbitionBox.
Does Banco Products have good work-life balance?
Banco Products has a work-life balance rating of 3.2 out of 5 based on 200+ employee reviews on AmbitionBox. 43% employees rated Banco Products 3 or below, while 57% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Banco Products work-life balance reviews for more details
Is Banco Products good for career growth?
Career growth at Banco Products is rated as poor, with a promotions and appraisal rating of 2.9. 43% employees rated Banco Products 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Banco Products promotions/appraisals reviews for more detailed insights.
What are the cons of working in Banco Products?
Working at Banco Products does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, company culture and job security, based on 200+ employee reviews on AmbitionBox.
Banco Products Overview
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