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Banco Gaskets India

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3.8

based on 38 Reviews

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Banco Gaskets India Senior Design & Development Engineer salaries in India (Updated 2025)

Annual salary range
5 - 8 years exp.
₹5.1 Lakhs - ₹6.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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41% less than the average Senior Design & Development Engineer Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Last Updated: 21 Feb 2025

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Senior Design & Development Engineer salary at Banco Gaskets India ranges between ₹5.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Banco Gaskets India.

Latest annual salaries shared by Banco Gaskets India Senior Design & Development Engineer

2d ago
₹6.6 Lakhs
8 years exp.
1y ago
₹6.6 Lakhs
6 years exp.
1y ago
₹5.1 Lakhs
5 years exp.

Experience wise Banco Gaskets India Senior Design & Development Engineer salaries

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Banco Gaskets India Senior Design & Development Engineer Salary FAQs

How the salary growth look like for a Senior Design & Development Engineer at Banco Gaskets India in India?
The salary growth for a Senior Design & Development Engineer at Banco Gaskets India depends on factors such as experience, performance, and promotions. On average, a Senior Design & Development Engineer can expect the following growth trajectory at Banco Gaskets India:

Experience Average Salary Range
5 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
8 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
and so on.

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Banco Gaskets India Senior Design & Development Engineer salary in India ranges between ₹5.1 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Banco Gaskets India latest salaries received from various employees of Banco Gaskets India.