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Banco Products

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3.5

based on 257 Reviews

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Banco Products IT Officer salaries in India

Annual salary range
3 - 5 years exp.
₹2.3 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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29% less than the average IT Officer Salary in Auto Components Companies for 3 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA
IT Officer Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.4 L/yr

IT & Information Security
IT Officer Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 13 Mar 2023

Companies similar to Banco Products for IT Officer

Company name Avg Annual Salary Open Jobs
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Subros IT Officer Salary

7 - 12 years exp. (5 salaries)
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₹3.9 L/yr - ₹6.7 L/yr

arrow icon 48% more
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HDFC Bank IT Officer Salary

0 - 3 years exp. (136 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 27% less
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Punjab National Bank IT Officer Salary

2 - 8 years exp. (27 salaries)
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₹7 L/yr - ₹15 L/yr

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Intas Pharmaceuticals IT Officer Salary

2 - 13 years exp. (27 salaries)
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₹2.5 L/yr - ₹6 L/yr

arrow icon 17% more
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Ajanta Pharma IT Officer Salary

4 - 8 years exp. (22 salaries)
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₹3 L/yr - ₹5 L/yr

arrow icon 16% more
IT Officer salary at Banco Products ranges between ₹2.3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products IT Officer

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Experience wise Banco Products IT Officer salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr

Similar Designation salaries in Banco Products

IT Manager Salary
(3 salaries)
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₹12.5 L/yr - ₹14.8 L/yr
IT Executive Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
Senior Engineer Salary
(31 salaries)
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₹3.5 L/yr - ₹8.1 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹17.9 L/yr - ₹22.9 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr
Technical Support Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Top skills at Banco Products for IT Officer

Software Troubleshooting Communication

Salary related reviews for Banco Products

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.

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.

read more

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.

read 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.

read 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.

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.

read 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

read more

Dislikes

Compensation is decent, but growth is slow

see more salary related reviews

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2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Banco Products IT Officer Salary FAQs

What is the salary of IT Officer at Banco Products?
IT Officer salary at Banco Products in India ranges between ₹2.3 Lakhs to ₹5.4 Lakhs for experience between 3 years to 5 years. According to our estimates it is 29% less than the average IT Officer 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 IT Officer at Banco Products India compare with the average salary range for this job?
The average salary of a IT Officer at Banco Products is 29% less than the average salary of a IT Officer in India. To know exact salary insights, login to view.
What are the top skills required to work as a IT Officer at Banco Products?
Software Troubleshooting and Communication are some of the popular skills required to work as a IT Officer at Banco Products India.
Which similar companies are paying more than Banco Products to a IT Officer in India?
  • Punjab National Bank IT Officer Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
  • Subros IT Officer Salary - ₹3.9 Lakhs to ₹6.7 Lakhs per year
  • Intas Pharmaceuticals IT Officer Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
  • Ajanta Pharma IT Officer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
What is the salary of a IT Officer in companies similar to Banco Products in India?
  • HDFC Bank IT Officer Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a IT Officer at Banco Products in India?
The estimated take-home salary of a IT Officer at Banco Products ranges between ₹26,318 per month to ₹27,737 per month in India. The take-home salary calculation is based on the average Banco Products IT Officer salary in India which ranges between ₹2.3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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Banco Products IT Officer salary in India ranges between ₹2.3 Lakhs to ₹5.4 Lakhs 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.