Banco Products Associate Trainee Salaries by 10 Employees (Updated 2025)

0 - 2 years exp.

₹1.3 Lakh - ₹1.7 Lakh

Salary of majority employees

47% less than the average Associate Trainee Salary in Auto Components Companies for 0 - 2 years of experience

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Last Updated: 2 Mar 2024

Companies similar to Banco Products for Associate Trainee

Company name	Avg Annual Salary	Open Jobs
TVS Sundram Fasteners Associate Trainee Salary 1 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 51% more
Fiem Industries Associate Trainee Salary 1 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹2 L/yr 41% more
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Talbros Associate Trainee Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.2 L/yr 54% more
LTIMindtree Associate Trainee Salary 1 - 3 years exp. (168 salaries)	₹2 L/yr - ₹4 L/yr 127% more
Ceat Tyres Associate Trainee Salary 0 - 3 years exp. (134 salaries)	₹1 L/yr - ₹3.5 L/yr 54% more

Associate Trainee salary at Banco Products ranges between ₹1.3 Lakh to ₹1.7 Lakh per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 10 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Associate Trainee salaries

Last Updated: 2 Mar 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.4 L/yr - ₹1.5 L/yr
1 year (3 salaries)	₹1.3 L/yr - ₹1.5 L/yr
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2 years (4 salaries)	₹0.5 L/yr - ₹1.7 L/yr

Similar Designation salaries in Banco Products

Software Engineer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Senior Engineer Salary

(29 salaries)

₹3.5 L/yr - ₹8.1 L/yr

Team Lead Salary

(3 salaries)

₹1.8 L/yr - ₹12 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Salary related reviews for Banco Products

4.3

Rated by 4 employees for salary & benefits

Middle Manager in Vadodara

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.

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.

Maintenance Engineer in Vadodara

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.

Regional Manager in Gurgaon / Gurugram

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.

Dislikes

Pay Less and people frequently jump to other company .

Purchase/Vendor Development Manager in Vadodara

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.

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.

Accounts Officer

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

Dislikes

Compensation is decent, but growth is slow

see more salary related reviews

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Banco Products Associate Trainee Salary FAQs

What is the salary of Associate Trainee at Banco Products?

Associate Trainee salary at Banco Products in India ranges between ₹1.3 Lakhs to ₹1.7 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 47% less than the average Associate Trainee Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Banco Products India.

How does the salary of a Associate Trainee at Banco Products India compare with the average salary range for this job?

The average salary of a Associate Trainee at Banco Products is 47% less than the average salary of a Associate Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than Banco Products to a Associate Trainee in India?

LTIMindtree Associate Trainee Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Ceat Tyres Associate Trainee Salary - ₹1.0 Lakhs to ₹3.5 Lakhs per year
Talbros Associate Trainee Salary - ₹2.0 Lakhs to ₹2.2 Lakhs per year
TVS Sundram Fasteners Associate Trainee Salary - ₹1.8 Lakhs to ₹2.2 Lakhs per year
Fiem Industries Associate Trainee Salary - ₹1.9 Lakhs to ₹2.0 Lakhs per year

What is the estimated take home salary of a Associate Trainee at Banco Products in India?

The estimated take-home salary of a Associate Trainee at Banco Products ranges between ₹9,079 per month to ₹10,080 per month in India. The take-home salary calculation is based on the average Banco Products Associate Trainee salary in India which ranges between ₹1.3 Lakhs to ₹1.7 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Associate Trainee at Banco Products?

According to AmbitionBox, 67% of the Banco Products Associate Trainees reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Banco Products Associate Trainee Salaries

Banco Products Associate Trainee salary in India ranges between ₹1.3 Lakh to ₹1.7 Lakh with an average annual salary of ₹. Salary estimates are based on 10 Banco Products latest salaries received from various employees of Banco Products.