Banco Products Electrical Engineer Salaries by 3 Employees (Updated 2025)

7 - 8 years exp.

₹2.6 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Electrical Engineer Salary in Auto Components Companies for 7 - 8 years of experience

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Last Updated: 7 Mar 2024

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Electrical Engineer salary at Banco Products ranges between ₹2.6 Lakhs to ₹6 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Electrical Engineer salaries

Last Updated: 7 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

Similar Designation salaries in Banco Products

Executive Engineer Salary

(7 salaries)

₹4.55 L/yr - ₹7 L/yr

Senior Engineer Salary

(32 salaries)

₹3.5 L/yr - ₹8.1 L/yr

Field Engineer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Shift Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹4 L/yr

Electrical Technician Salary

(4 salaries)

₹1.3 L/yr - ₹3 L/yr

Junior Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Maintenance Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹4.1 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Electrician Salary

(4 salaries)

₹1.5 L/yr - ₹3.25 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Top skills at Banco Products for Electrical Engineer

Electricals Maintenance Utility Chilling Plant Electrical Engineering Switchgear

Salary related reviews for Banco Products

5.0

Rated by 1 employees for salary & benefits

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.

Skill development - Excellent

+1 more

Dislikes

Salary - Bad
Job security - Bad

+2 more

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.

Salary - Poor

+6 more

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.

Salary - Good

+6 more

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.

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.

Salary - Bad

+5 more

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

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow

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YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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Banco Products Electrical Engineer Salary FAQs

What is the notice period for Electrical Engineer at Banco Products?

According to AmbitionBox, 100% of the Banco Products Electrical Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Banco Products Electrical Engineer Salaries

Banco Products Electrical Engineer salary in India ranges between ₹2.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Banco Products latest salaries received from various employees of Banco Products.