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Banco Products Assistant Manager salaries in India (Updated 2025)

Annual salary range
6 - 21 years exp.
₹5.8 Lakhs - ₹10.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Assistant Manager Salary in Auto Components Companies for 6 - 21 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Assistant Manager Salary
6 - 20 years exp. (26 salaries)
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₹5.8 L/yr - ₹10 L/yr

Procurement & Supply Chain
Assistant Manager Salary
8 - 21 years exp. (7 salaries)
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₹7.1 L/yr - ₹9 L/yr

Finance & Accounting
Assistant Manager Salary
10 - 18 years exp. (5 salaries)
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₹6 L/yr - ₹10.5 L/yr

Sales & Business Development
Assistant Manager Salary
6 - 21 years exp. (5 salaries)
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₹6.6 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
17 - 21 years exp. (4 salaries)
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₹6.2 L/yr - ₹8.5 L/yr

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Last Updated: 20 Mar 2025

Companies similar to Banco Products for Assistant Manager

Company name Avg Annual Salary Open Jobs
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JBM Group Assistant Manager Salary

7 - 18 years exp. (659 salaries)

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₹4.2 L/yr - ₹14.4 L/yr

arrow icon 10% more
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Endurance Technologies Assistant Manager Salary

7 - 18 years exp. (295 salaries)

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₹5.5 L/yr - ₹15 L/yr

arrow icon 25% more
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Varroc Group Assistant Manager Salary

6 - 22 years exp. (241 salaries)

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₹5.3 L/yr - ₹13.9 L/yr

arrow icon 11% more
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Greaves Cotton Assistant Manager Salary

1 - 13 years exp. (231 salaries)

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₹3.4 L/yr - ₹12.3 L/yr

arrow icon 4% less
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Subros Assistant Manager Salary

6 - 17 years exp. (216 salaries)

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₹5.4 L/yr - ₹14.2 L/yr

arrow icon 12% more
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Fiem Industries Assistant Manager Salary

6 - 17 years exp. (162 salaries)

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₹4.5 L/yr - ₹12 L/yr

arrow icon 6% less
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Goodyear Assistant Manager Salary

8 - 15 years exp. (83 salaries)

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₹6.5 L/yr - ₹15.6 L/yr

arrow icon 42% more
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Shivam Autotech Assistant Manager Salary

9 - 17 years exp. (67 salaries)

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₹5.8 L/yr - ₹9.8 L/yr

arrow icon 9% less
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Alicon Castalloy Assistant Manager Salary

8 - 15 years exp. (64 salaries)

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₹5.5 L/yr - ₹10.8 L/yr

arrow icon 1% more
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Suprajit Engineering Assistant Manager Salary

8 - 18 years exp. (58 salaries)

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₹5 L/yr - ₹8.6 L/yr

arrow icon 13% less
1 job opening
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TRF Assistant Manager Salary

7 - 13 years exp. (58 salaries)

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₹4.5 L/yr - ₹10.1 L/yr

arrow icon 15% less
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Hi Tech Gears Assistant Manager Salary

9 - 19 years exp. (56 salaries)

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₹4.6 L/yr - ₹12.4 L/yr

arrow icon 8% more
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₹9 L/yr - ₹17 L/yr

arrow icon 59% more
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MARK EXHAUST SYSTEMS Assistant Manager Salary

7 - 15 years exp. (55 salaries)

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₹5.7 L/yr - ₹9.3 L/yr

arrow icon 11% less
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Shanthi Gears Assistant Manager Salary

5 - 12 years exp. (44 salaries)

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₹5 L/yr - ₹12.4 L/yr

arrow icon 4% more
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₹3.5 L/yr - ₹8 L/yr

arrow icon 25% less
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Talbros Assistant Manager Salary

6 - 17 years exp. (44 salaries)

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₹5 L/yr - ₹9.6 L/yr

arrow icon 8% less
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₹6 L/yr - ₹11 L/yr

At par
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UCAL Fuel Systems Assistant Manager Salary

8 - 20 years exp. (31 salaries)

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₹6.4 L/yr - ₹13 L/yr

arrow icon 14% more
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Setco Automotive Assistant Manager Salary

7 - 19 years exp. (25 salaries)

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₹6.5 L/yr - ₹11.6 L/yr

arrow icon 2% more
1 job opening
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Assistant Manager salary at Banco Products ranges between ₹5.8 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 21 years. Salary estimates are based on 57 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Assistant Manager

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19 years exp.
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21 years exp.
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11 years exp.
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18 years exp.

Experience wise Banco Products Assistant Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
6 years  (3 salaries)

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₹7 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹15 L/yr
8 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹8.5 L/yr
10 years  (4 salaries)

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₹8 L/yr - ₹10.5 L/yr
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Similar Designation salaries in Banco Products

Assistant Store Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹7.1 L/yr - ₹9.1 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Team Manager Salary
(AmbitionBox Estimate)
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₹19.9 L/yr - ₹25.4 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹11.4 L/yr - ₹14.6 L/yr
Deputy Manager Salary
(9 salaries)
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₹7.5 L/yr - ₹15.4 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Senior Officer Salary
(4 salaries)
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₹2.7 L/yr - ₹11 L/yr
Team Lead Salary
(3 salaries)
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₹1.8 L/yr - ₹12 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Top skills at Banco Products for Assistant Manager

Purchase Vendor Development Purchase Management Capa Internal Audit Rubber

Salary related reviews for Banco Products

3.6

Rated by 10 employees for salary & benefits

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.

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  • 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.

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  • 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 .

Procurement & Supply Chain Department

3.0
  •  posted on 16 Apr 2021

1.0
 for  Salary and Benefits

Likes

On time Salary & Good market reputation in Automotive industry.

  • Job security - Good

Dislikes

Here, there is no system at all. All the things is on paper only. Even HR is also involved in politics. Worse Management & No work life balance.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Banco Products Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Banco Products ?
The average salary of a Assistant Manager at Banco Products in India typically ranges from ₹5.8 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 6 years to 21 years).

The top 10% of Assistant Manager at Banco Products earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Assistant Manager 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 50+ Banco Products employees in India.
What is the estimated take home salary of a Assistant Manager at Banco Products in India?
The estimated take-home salary of a Assistant Manager at Banco Products in India typically ranges from ₹60,223 to ₹61,746 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 6 years to 21 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 50+ 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 Assistant Manager at Banco Products ?
To be a Assistant Manager at Banco Products in india, the key skills required include:

  • - Purchase Vendor Development
  • - Purchase Management
  • - Capa
  • - Internal Audit
  • - Rubber

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 Assistant Manager in India?
Sundaram Auto Components ₹9.0 Lakhs to ₹17.0 Lakhs per year
Goodyear ₹6.5 Lakhs to ₹15.6 Lakhs per year
Panasonic Energy India Co ₹8.5 Lakhs to ₹16.5 Lakhs per year
Endurance Technologies ₹5.5 Lakhs to ₹15.0 Lakhs per year
Kesoram Industries ₹8.7 Lakhs to ₹11.8 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 Assistant Manager in companies similar to Banco Products in India?
The salary of a Assistant Manager at companies similar to Banco Products in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UCAL Fuel Systems ₹6.4 Lakhs to ₹13.0 Lakhs per year
Subros ₹5.4 Lakhs to ₹14.2 Lakhs per year
Varroc Group ₹5.3 Lakhs to ₹13.9 Lakhs per year
JBM Group ₹4.2 Lakhs to ₹14.4 Lakhs per year
Hi Tech Gears ₹4.6 Lakhs to ₹12.4 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 Assistant Manager at Banco Products in India?
The salary growth for a Assistant Manager at Banco Products depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Banco Products:

Experience Average Salary Range
6 years ₹7.0 Lakhs to ₹9.5 Lakhs per year
7 years ₹7.5 Lakhs to ₹15.0 Lakhs per year
8 years ₹3.3 Lakhs to ₹8.5 Lakhs per year
9 years ₹3.3 Lakhs to ₹8.5 Lakhs per year
and so on.

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Banco Products Assistant Manager salary in India ranges between ₹5.8 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 57 Banco Products latest salaries received from various employees of Banco Products.