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Banco Products Diploma Mechanical Engineer salaries in Vadodara

Annual salary range
0 - 5 years exp.
₹1.1 Lakh - ₹1.4 Lakh
Salary of majority employees
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54% less than the average Diploma Mechanical Engineer Salary in Auto Components Companies for 0 - 5 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Banco Products for Diploma Mechanical Engineer in Vadodara

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Banco Products Diploma Mechanical Engineer Salary

0 - 5 years exp. (5 salaries)

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₹1.1 L/yr - ₹1.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 166% more
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Ceat Tyres Diploma Mechanical Engineer Salary

3 - 9 years exp. (33 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 173% more
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₹1.1 L/yr - ₹4.2 L/yr

arrow icon 98% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 85% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 141% more
Diploma Mechanical Engineer salary at Banco Products ranges between ₹1.1 Lakh to ₹1.4 Lakh per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Diploma Mechanical Engineer in Vadodara

1y ago
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5 years exp.
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1 year exp.
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5 months exp.

Experience wise Banco Products Diploma Mechanical Engineer salaries in Vadodara

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.1 L/yr
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹1.5 L/yr
View all

Similar Designation salaries in Banco Products

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₹1.45 L/yr - ₹7 L/yr
Senior Engineer Salary
(27 salaries)
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₹3.5 L/yr - ₹8.1 L/yr
Deputy Manager Salary
(8 salaries)
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₹7.5 L/yr - ₹15.4 L/yr
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₹1.45 L/yr - ₹4.1 L/yr
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₹4.55 L/yr - ₹7 L/yr
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₹2.4 L/yr - ₹4.1 L/yr
Shift Engineer Salary
(3 salaries)
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₹2.3 L/yr - ₹4 L/yr
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₹2.6 L/yr - ₹6 L/yr

Salary related reviews for Banco Products

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

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.

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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

read more

Dislikes

Compensation is decent, but growth is slow

see more salary related reviews

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Banco Products Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Banco Products Vadodara?
Diploma Mechanical Engineer salary at Banco Products in Vadodara ranges between ₹1.1 Lakhs to ₹1.4 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 54% less than the average Diploma Mechanical Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Banco Products Vadodara.
How does the salary of a Diploma Mechanical Engineer at Banco Products Vadodara compare with the average salary range for this job?
The average salary of a Diploma Mechanical Engineer at Banco Products is 54% less than the average salary of a Diploma Mechanical Engineer in Vadodara. To know exact salary insights, login to view.
Which similar companies are paying more than Banco Products to a Diploma Mechanical Engineer in Vadodara?
  • Ceat Tyres Diploma Mechanical Engineer Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
  • NBC Bearings Diploma Mechanical Engineer Salary - ₹1.5 Lakhs to ₹4.2 Lakhs per year
  • Alembic Pharmaceuticals Diploma Mechanical Engineer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
  • Schaeffler India Diploma Mechanical Engineer Salary - ₹1.1 Lakhs to ₹4.2 Lakhs per year
  • Turbo Energy Diploma Mechanical Engineer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Diploma Mechanical Engineer at Banco Products in Vadodara?
The estimated take-home salary of a Diploma Mechanical Engineer at Banco Products ranges between ₹8,206 per month to ₹9,131 per month in Vadodara. The take-home salary calculation is based on the average Banco Products Diploma Mechanical Engineer salary in India which ranges between ₹1.1 Lakhs to ₹1.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Diploma Mechanical Engineer at Banco Products in Vadodara?
According to AmbitionBox, 100% of the Banco Products Diploma Mechanical Engineers in Vadodara reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Banco Products Diploma Mechanical Engineer salary in Vadodara ranges between ₹1.1 Lakh to ₹1.4 Lakh with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Banco Products latest salaries received from various employees of Banco Products.