Banco Products Vadodara Graduate Trainee Salaries by 5 Employees (Updated 2025)

0 - 4 years exp.

₹2.2 Lakhs - ₹4 Lakhs

Salary of majority employees

42% less than the average Graduate Trainee Salary in Auto Components Companies for 0 - 4 years of experience

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Salaries in different departments

Research & Development Graduate Trainee Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹4 L/yr
Engineering - Hardware & Networks Graduate Trainee Salary 4 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Production, Manufacturing & Engineering Graduate Trainee Salary Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Procurement & Supply Chain Graduate Trainee Salary Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 19 Feb 2025

Companies similar to Banco Products for Graduate Trainee in Vadodara

Banco Products Graduate Trainee Salary

0 - 4 years exp. (5 salaries)

₹2.2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
NBC Bearings Graduate Trainee Salary 1 - 3 years exp. (5 salaries)	₹2 L/yr - ₹3.1 L/yr 2% less
Civica India Graduate Trainee Salary 0 - 1 year exp. (5 salaries)	₹0.9 L/yr - ₹3.8 L/yr 45% less
Login to view exact salary
L&T Technology Services Graduate Trainee Salary 1 year exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 57% more
Alembic Pharmaceuticals Graduate Trainee Salary 0 - 1 year exp. (3 salaries)	₹2.5 L/yr - ₹3.3 L/yr 6% more
New Field Industrial Equipment Graduate Trainee Salary 0 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹2.2 L/yr 18% less

Graduate Trainee salary at Banco Products ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Graduate Trainee salaries in Vadodara

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Banco Products

Production Engineer Salary

(68 salaries)

₹1.5 L/yr - ₹7 L/yr

Senior Engineer Salary

(28 salaries)

₹3.5 L/yr - ₹8.1 L/yr

Quality Engineer Salary

(22 salaries)

₹1.2 L/yr - ₹3.2 L/yr

Supervisor Salary

(6 salaries)

₹1.7 L/yr - ₹3.4 L/yr

Design Engineer Salary

(6 salaries)

₹3 L/yr - ₹4.5 L/yr

Executive Engineer Salary

(5 salaries)

₹4.55 L/yr - ₹7 L/yr

Trainee Salary

(5 salaries)

₹1.8 L/yr - ₹2.15 L/yr

Shift Engineer Salary

(3 salaries)

₹2.3 L/yr - ₹4 L/yr

Salary related reviews for Banco Products

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

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Banco Products Graduate Trainee Salary FAQs

What is the salary of Graduate Trainee at Banco Products Vadodara?

Graduate Trainee salary at Banco Products in Vadodara ranges between ₹2.2 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 42% less than the average Graduate Trainee 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 Graduate Trainee at Banco Products Vadodara compare with the average salary range for this job?

The average salary of a Graduate Trainee at Banco Products is 42% less than the average salary of a Graduate Trainee in Vadodara. To know exact salary insights, login to view.

Which similar companies are paying more than Banco Products to a Graduate Trainee in Vadodara?

L&T Technology Services Graduate Trainee Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Alembic Pharmaceuticals Graduate Trainee Salary - ₹2.5 Lakhs to ₹3.3 Lakhs per year

What is the salary of a Graduate Trainee in companies similar to Banco Products in Vadodara?

NBC Bearings Graduate Trainee Salary - ₹2.0 Lakhs to ₹3.1 Lakhs per year
New Field Industrial Equipment Graduate Trainee Salary - ₹2.2 Lakhs to ₹2.2 Lakhs per year
Civica India Graduate Trainee Salary - ₹0.9 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a Graduate Trainee at Banco Products in Vadodara?

The estimated take-home salary of a Graduate Trainee at Banco Products ranges between ₹18,863 per month to ₹20,543 per month in Vadodara. The take-home salary calculation is based on the average Banco Products Graduate Trainee salary in India which ranges between ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Graduate Trainee at Banco Products in Vadodara?

According to AmbitionBox, 50% of the Banco Products Graduate Trainees in Vadodara reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Banco Products Graduate Trainee Salaries in Vadodara

Banco Products Graduate Trainee salary in Vadodara ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Banco Products latest salaries received from various employees of Banco Products.