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Banco Products Accounts Officer salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹2.5 Lakhs - ₹4.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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28% less than the average Accounts Officer Salary in Auto Components Companies for 1 - 9 years of experience

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Last Updated: 16 Jan 2025

Companies similar to Banco Products for Accounts Officer

Company name Avg Annual Salary Open Jobs
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Suprajit Engineering Accounts Officer Salary

5 - 12 years exp. (11 salaries)

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₹3.9 L/yr - ₹6 L/yr

arrow icon 46% more
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Varroc Group Accounts Officer Salary

4 - 6 years exp. (8 salaries)

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₹2.9 L/yr - ₹4.4 L/yr

arrow icon 7% more
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Kesoram Industries Accounts Officer Salary

5 - 10 years exp. (6 salaries)

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₹5.5 L/yr - ₹7.6 L/yr

arrow icon 84% more
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Elgi Rubber Company Accounts Officer Salary

6 - 17 years exp. (6 salaries)

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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 20% more
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Hi Tech Gears Accounts Officer Salary

2 - 5 years exp. (5 salaries)

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₹3.1 L/yr - ₹6.3 L/yr

arrow icon 51% more
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₹2 L/yr - ₹6 L/yr

arrow icon 26% more
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Subros Accounts Officer Salary

1 - 15 years exp. (5 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 26% more
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TRF Accounts Officer Salary

6 - 10 years exp. (5 salaries)

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₹3 L/yr - ₹6.1 L/yr

arrow icon 33% more
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JMT Auto Accounts Officer Salary

4 - 10 years exp. (4 salaries)

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₹1.2 L/yr - ₹4.8 L/yr

arrow icon 3% more
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Fiem Industries Accounts Officer Salary

4 - 9 years exp. (3 salaries)

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₹2.5 L/yr - ₹3.3 L/yr

arrow icon 12% less
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Talbros Accounts Officer Salary

8 - 12 years exp. (3 salaries)

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₹4.6 L/yr - ₹5.5 L/yr

arrow icon 56% more
Accounts Officer salary at Banco Products ranges between ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Accounts Officer

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1 year exp.
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9 years exp.
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Experience wise Banco Products Accounts Officer salaries

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.8 L/yr
View all

Similar Designation salaries in Banco Products

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₹4 L/yr - ₹4.5 L/yr
Accountant Salary
(5 salaries)
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₹2.75 L/yr - ₹6 L/yr
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₹1.8 L/yr - ₹2.05 L/yr
Deputy Manager Salary
(9 salaries)
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₹7.5 L/yr - ₹15.4 L/yr
Audit Assistant Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.4 L/yr - ₹8 L/yr
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₹2.16 L/yr - ₹5.8 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹17.9 L/yr - ₹22.9 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Top skills at Banco Products for Accounts Officer

CMIS Cobol TDS Excel Bcp Credit Note Debit Note Accounting freight Firewall SAP Customer Operations Invoicing MS Office

Salary related reviews for Banco Products

1.1

Rated by 3 employees for salary & benefits

Finance & Accounting Department

4.0
  •  posted on 31 Jan 2019

4.0
 for  Salary and Benefits

Likes

Good organisation happy to work with good and experienced people very much helping nature and chance to learn much knowledge... Finally happy to work with Banco Products

read more
  • Salary - Good
  • +6 more

Dislikes

Compensation is decent, but growth is slow

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 29 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary day (4th Day of Every Month): The Only Good thing

Dislikes

- The Working Culture: The primitive mindset - I pay you, so I own you. - The working time: Official business hours -- 09:00 am to 5:30 pm. Unofficial business hours: 09:00 pm to 08:00 pm or more. If you leave by 06:00 pm - you will possibly get a call the same day or a comment from them the next working Day asking why did you leave early. They never respect people's time or understand that apart from work, there is a life. - Decision Making: For every nooks & small stuffs, the approval was required from "CEO". I never understood, what's the point of Appointing people in "President" post then. It seemed to me that, management don't trust their own management people (President / Vice President) - Toilets / Washroom: The washroom (both Ladies / Gents) across Offices & plants were at worst conditions. - Working Infrastructure: Old Cracked walls in the main buildings and no-body knows when was the last time, the curtains were washed. The chairs were really old and non of them were in proper condition. The desk are old but manageable. - AC Working Temperature: The temperature in Vadodara reaches really high in summer (in the range of 40 deg C to ~49 Deg C) and people used to keep the AC working in 28degC / 29degC in our marketing department. I used to suffocate a lot -- Such pathetic condition. Even witnessed few departments, where AC is present only for the Boss's cabin and rest of other people used to under fan which was really painful. Such inhuman conditions. I feel pity for those people actually. - Working Days: Whatsoever may happen - there will be 26 Working Days in a month. If a national holiday / public holiday is there in working day, it will be compensated by making people work on Sundays. The holidays / weekly off are decided in the beginning of each month - so technically, you cannot plan for any holidays in Advance. I am in better place now -- But I feel really pity for the people who are working over there, in such in-human conditions.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 12 Aug 2024

2.0
 for  Salary and Benefits

Likes

Nothing, it's very much akin to working under a marwadi. They pay you some salary in return they think that they own your entire personal life.

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Dislikes

...to do manpower reduction every year (it has nothing to do with your performance. If your salary falls in their cutoff limit then you're gone), and does it so.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 27 Jul 2020

1.0
 for  Salary and Benefits

Likes

most irritated part was job security,salary and culture is bit abusive . Dept Seniors are cooperative and very supportive specially HOD has caring nature and good attitude towards engineers. Pro and cons are detailed - Pros- vast opportunity for learners as there are plenty of good machines, equipment and technology. Work-life balance, canteen facility, Cons- job security and growth are major issue in company, workmans are abusive, high work load, no team work. No transport facility.

read more
  • Skill development - Excellent
  • +1 more

Dislikes

  • Salary - Bad
  • Job security - Bad
  • +2 more

Part Time

 · 

Marketing & Communication Department

4.0
  •  posted on 21 Sep 2023

4.0
 for  Salary and Benefits

Likes

It is the oldest company and their USP is , to change according to market conditions and the results grabbed the major OEMs business by way of reforming internally.

read more
  • Salary - Good
  • +6 more

Dislikes

Pay Less and people frequently jump to other company .

see more salary related reviews

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Banco Products Accounts Officer Salary FAQs

What is the salary of Accounts Officer at Banco Products ?
The average salary of a Accounts Officer at Banco Products in India typically ranges from ₹2.5 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Accounts Officer at Banco Products earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Accounts Officer Salaries at Banco Products 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 6 Banco Products employees in India.
What is the estimated take home salary of a Accounts Officer at Banco Products in India?
The estimated take-home salary of a Accounts Officer at Banco Products in India typically ranges from ₹24,076 to ₹25,528 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 9 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 6 salaries received from various employees of Banco Products. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Accounts Officer at Banco Products ?
To be a Accounts Officer at Banco Products in india, the key skills required include:

  • - CMIS
  • - Cobol
  • - TDS
  • - Excel
  • - Bcp

These skills are highly valued at Banco Products and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Banco Products for Accounts Officer in India?
Kesoram Industries ₹5.5 Lakhs to ₹7.6 Lakhs per year
Talbros ₹4.6 Lakhs to ₹5.5 Lakhs per year
Hi Tech Gears ₹3.1 Lakhs to ₹6.3 Lakhs per year
Suprajit Engineering ₹3.9 Lakhs to ₹6.0 Lakhs per year
TRF ₹3.0 Lakhs to ₹6.1 Lakhs per year

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

Subros ₹2.5 Lakhs to ₹5.5 Lakhs per year
Endurance Technologies ₹2.0 Lakhs to ₹6.0 Lakhs per year
Elgi Rubber Company ₹3.5 Lakhs to ₹4.5 Lakhs per year
Varroc Group ₹2.9 Lakhs to ₹4.4 Lakhs per year
JMT Auto ₹1.2 Lakhs to ₹4.8 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 Accounts Officer at Banco Products in India?
The salary growth for a Accounts Officer at Banco Products depends on factors such as experience, performance, and promotions. On average, a Accounts Officer can expect the following growth trajectory at Banco Products:

Experience Average Salary Range
1 year ₹1.0 Lakhs to ₹2.7 Lakhs per year
2 years ₹1.1 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.8 Lakhs to ₹5.2 Lakhs per year
4 years ₹2.5 Lakhs to ₹5.6 Lakhs per year
and so on.

Tell us how to improve this page.

Banco Products Accounts Officer salary in India ranges between ₹2.5 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Banco Products latest salaries received from various employees of Banco Products.