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Banco Products

3.5
based on 268 Reviews
Video summary

Working at Banco Products

Company Summary

Specializes in engine cooling and sealing solutions for various vehicles, focusing on custom designs and innovative technologies to meet demanding industry standards.

Overall Rating

3.5/5
based on 268 reviews
highly rated categories
8% below
industry average
highly rated categories
Critically rated for

Promotions, Company culture, Work-life balance

Work Policy
Work from office
Work from office
78% employees reported
Monday to Saturday
Monday to Saturday
80% employees reported
Strict timing
Strict timing
59% employees reported
No travel
No travel
55% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
12 employees reported
Health insurance
Health insurance
8 employees reported
Office cab/shuttle
Office cab/shuttle
7 employees reported
Cafeteria
Cafeteria
3 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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View in video summary
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 268 reviews

Overall Rating

3.5/5
How AmbitionBox ratings work?
5
87
4
65
3
63
2
18
1
35

Category Ratings

3.3

Skill development

3.3

Work satisfaction

3.2

Job security

3.2

Salary

3.2

Work-life balance

3.1

Company culture

3.0

Promotions

Banco Products is rated 3.5 out of 5 stars on AmbitionBox, based on 268 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 257 reviews
2.9
Rated by 10 Women
Rated 3.8 for Skill development and 3.7 for Work satisfaction
3.5
Rated by 247 Men
Rated 3.3 for Skill development and 3.2 for Work-life balance

Work Policy at Banco Products

based on 27 reviews in last 6 months
Work from office
78%
Hybrid
19%
Permanent work from home
3%

Banco Products Reviews

Top mentions in Banco Products Reviews

+ 5 more

Compare Banco Products with Similar Companies

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Overall Rating
3.5/5
based on 268 reviews
3.8/5
based on 3.1k reviews
3.6/5
based on 2.6k reviews
4.0/5
based on 3.9k reviews
Highly Rated for
No highly rated category
Job security
Skill development
Company culture
No highly rated category
Job security
Skill development
Critically Rated for
Promotions
Company culture
Work-life balance
Salary
Promotions
Promotions
Job security
Company culture
No critically rated category
Primary Work Policy
Work from office
78% employees reported
Work from office
85% employees reported
Work from office
89% employees reported
Work from office
89% employees reported
Rating by Women Employees
2.9
Poor
rated by 10 women
3.9
Good
rated by 144 women
3.5
Good
rated by 138 women
3.8
Good
rated by 91 women
Rating by Men Employees
3.5
Good
rated by 247 men
3.8
Good
rated by 2.9k men
3.6
Good
rated by 2.3k men
4.0
Good
rated by 3.7k men
Job security
3.2
Average
4.1
Good
3.2
Average
4.0
Good
View more

Banco Products Salaries

Banco Products salaries have received with an average score of 3.2 out of 5 by 268 employees.

Production Engineer

(87 salaries)
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₹1.5 L/yr - ₹7.3 L/yr

Senior Engineer

(32 salaries)
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₹3.5 L/yr - ₹8.1 L/yr

Quality Inspector

(31 salaries)
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₹1.4 L/yr - ₹3 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

(21 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 Jobs

Popular Designations Banco Products Hires for
Engineer
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Technology
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SAP Abap Developer
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Cadd Engineer
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new Product Development Engineer
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Vendor Development
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Design & Development
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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 moderate, with a promotions and appraisal rating of 3.0. 43% employees rated Banco Products 3 or below, while 57% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. 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 work life balance, based on 200+ employee reviews on AmbitionBox.
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