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Banco Products Diploma Trainee salaries in India

Annual salary range
1 - 3 years exp.
₹1.6 Lakh - ₹1.7 Lakh
Salary of majority employees
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19% less than the average Diploma Trainee Salary in Auto Components Companies for 1 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Diploma Trainee Salary
1 - 3 years exp. (3 salaries)
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₹1.6 L/yr - ₹1.7 L/yr

Research & Development
Diploma Trainee Salary
2 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 26 Jul 2023

Companies similar to Banco Products for Diploma Trainee

Company name Avg Annual Salary Open Jobs
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₹1.6 L/yr - ₹2.2 L/yr

arrow icon 24% more
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UNO Minda Diploma Trainee Salary

3 - 4 years exp. (3 salaries)

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₹1.6 L/yr - ₹2.2 L/yr

arrow icon 9% more
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TVS Sundram Fasteners Diploma Trainee Salary

2 - 5 years exp. (12 salaries)

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₹1.4 L/yr - ₹2.2 L/yr

arrow icon 13% more
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Bharat Forge Diploma Trainee Salary

1 - 2 years exp. (3 salaries)

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₹1.5 L/yr - ₹1.9 L/yr

arrow icon 15% more
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₹1.5 L/yr - ₹1.7 L/yr

arrow icon 1% less
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₹1.3 L/yr - ₹2.4 L/yr

arrow icon 25% more
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Subros Diploma Trainee Salary

0 - 1 year exp. (12 salaries)

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₹1.1 L/yr - ₹2 L/yr

arrow icon 8% less
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JBM Group Diploma Trainee Salary

0 - 4 years exp. (8 salaries)

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₹1.3 L/yr - ₹2.4 L/yr

arrow icon 10% more
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Magna International Diploma Trainee Salary

0 - 2 years exp. (5 salaries)

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₹1.3 L/yr - ₹2.4 L/yr

arrow icon 20% more
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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 112% more
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Hi Tech Gears Diploma Trainee Salary

0 - 3 years exp. (3 salaries)

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₹1.6 L/yr - ₹2 L/yr

arrow icon 15% more
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Igarashi Motors Diploma Trainee Salary

2 - 4 years exp. (3 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 64% more
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TRF Diploma Trainee Salary

0 - 1 year exp. (3 salaries)

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₹1.2 L/yr - ₹1.5 L/yr

arrow icon 15% less
Diploma Trainee salary at Banco Products ranges between ₹1.6 Lakh to ₹1.7 Lakh per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Diploma Trainee

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Experience wise Banco Products Diploma Trainee salaries

Last Updated: 26 Jul 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹1.6 L/yr
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹1.7 L/yr
3 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹1.7 L/yr

Similar Designation salaries in Banco Products

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₹1.45 L/yr - ₹7.34 L/yr
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₹1.35 L/yr - ₹3 L/yr
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₹1.2 L/yr - ₹3.2 L/yr
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₹2.5 L/yr - ₹7.4 L/yr
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₹1.35 L/yr - ₹3.5 L/yr
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₹1.4 L/yr - ₹3 L/yr
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₹1.3 L/yr - ₹2.15 L/yr
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₹7.5 L/yr - ₹17.5 L/yr
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₹1.5 L/yr - ₹2.7 L/yr
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₹4 L/yr - ₹5.1 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.

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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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

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 Trainee Salary FAQs

What is the salary of Diploma Trainee at Banco Products?
Diploma Trainee salary at Banco Products in India ranges between ₹1.6 Lakhs to ₹1.7 Lakhs for experience between 1 years to 3 years. According to our estimates it is 19% less than the average Diploma Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Banco Products India.
How does the salary of a Diploma Trainee at Banco Products India compare with the average salary range for this job?
The average salary of a Diploma Trainee at Banco Products is 19% less than the average salary of a Diploma Trainee in India. To know exact salary insights, login to view.
Which similar companies are paying more than Banco Products to a Diploma Trainee in India?
  • Sundaram Auto Components Diploma Trainee Salary - ₹2.2 Lakhs to ₹4.2 Lakhs per year
  • Igarashi Motors Diploma Trainee Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
  • ZF Commercial Vehicle Control Systems Diploma Trainee Salary - ₹1.3 Lakhs to ₹2.4 Lakhs per year
  • Sharda Motor Industries Diploma Trainee Salary - ₹1.6 Lakhs to ₹2.2 Lakhs per year
  • Magna International Diploma Trainee Salary - ₹1.3 Lakhs to ₹2.4 Lakhs per year
What is the salary of a Diploma Trainee in companies similar to Banco Products in India?
  • Bharat Forge Diploma Trainee Salary - ₹1.5 Lakhs to ₹1.9 Lakhs per year
  • Hi Tech Gears Diploma Trainee Salary - ₹1.6 Lakhs to ₹2.0 Lakhs per year
  • TVS Sundram Fasteners Diploma Trainee Salary - ₹1.4 Lakhs to ₹2.2 Lakhs per year
  • JBM Group Diploma Trainee Salary - ₹1.3 Lakhs to ₹2.4 Lakhs per year
  • UNO Minda Diploma Trainee Salary - ₹1.6 Lakhs to ₹2.2 Lakhs per year
What is the estimated take home salary of a Diploma Trainee at Banco Products in India?
The estimated take-home salary of a Diploma Trainee at Banco Products ranges between ₹11,006 per month to ₹12,228 per month in India. The take-home salary calculation is based on the average Banco Products Diploma Trainee salary in India which ranges between ₹1.6 Lakhs to ₹1.7 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Diploma Trainee at Banco Products?
According to AmbitionBox, 100% of the Banco Products Diploma Trainees 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 Trainee salary in India ranges between ₹1.6 Lakh to ₹1.7 Lakh with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Banco Products latest salaries received from various employees of Banco Products.