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Banco Products Design & Development Engineer salaries in Vadodara

Annual salary range
1 - 4 years exp.
₹3.3 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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7% less than the average Design & Development Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Banco Products for Design & Development Engineer in Vadodara

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Banco Products Design & Development Engineer Salary

1 - 4 years exp. (6 salaries)

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₹3.3 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹4 L/yr

arrow icon 20% less
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₹3.4 L/yr - ₹5.8 L/yr

arrow icon 12% more
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₹2.2 L/yr - ₹3.2 L/yr

arrow icon 33% less
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 25% less
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₹4.5 L/yr - ₹6.8 L/yr

arrow icon 36% more
Design & Development Engineer salary at Banco Products ranges between ₹3.3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Design & Development Engineer in Vadodara

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Experience wise Banco Products Design & Development Engineer salaries in Vadodara

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr

Similar Designation salaries in Banco Products

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₹3 L/yr - ₹4.5 L/yr
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₹1.8 L/yr - ₹3.1 L/yr
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₹3.6 L/yr - ₹4.5 L/yr
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₹3.5 L/yr - ₹3.7 L/yr

Top skills at Banco Products for Design & Development Engineer

NPD Design Development Rubber Automobile

Salary related reviews for Banco Products

2.4

Rated by 2 employees for salary & benefits

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.

read more

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.

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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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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.

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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.

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.

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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

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Dislikes

Compensation is decent, but growth is slow

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Banco Products Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Banco Products Vadodara?
Design & Development Engineer salary at Banco Products in Vadodara ranges between ₹3.3 Lakhs to ₹4.2 Lakhs for experience between 1 years to 4 years. According to our estimates it is 7% less than the average Design & Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Banco Products Vadodara.
How does the salary of a Design & Development Engineer at Banco Products Vadodara compare with the average salary range for this job?
The average salary of a Design & Development Engineer at Banco Products is 7% less than the average salary of a Design & Development Engineer in Vadodara. To know exact salary insights, login to view.
What are the top skills required to work as a Design & Development Engineer at Banco Products?
NPD, Design Development, Rubber and Automobile are some of the popular skills required to work as a Design & Development Engineer at Banco Products Vadodara.
Which similar companies are paying more than Banco Products to a Design & Development Engineer in Vadodara?
  • Kyb Conmat Design & Development Engineer Salary - ₹4.5 Lakhs to ₹6.8 Lakhs per year
  • Emco Dynatorq Design & Development Engineer Salary - ₹3.4 Lakhs to ₹5.8 Lakhs per year
What is the salary of a Design & Development Engineer in companies similar to Banco Products in Vadodara?
  • Galaxy Sivtek Design & Development Engineer Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • Brass Copper & Alloy (I) Design & Development Engineer Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
  • Integra Engineering Design & Development Engineer Salary - ₹2.2 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Design & Development Engineer at Banco Products in Vadodara?
The estimated take-home salary of a Design & Development Engineer at Banco Products ranges between ₹28,460 per month to ₹29,847 per month in Vadodara. The take-home salary calculation is based on the average Banco Products Design & Development Engineer salary in India which ranges between ₹3.3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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Banco Products Design & Development Engineer salary in Vadodara ranges between ₹3.3 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.