Banco Products Vadodara Machine Operator Salaries by 10+ Employees (Updated 2025)

0 - 4 years exp.

₹1.3 Lakh - ₹2.5 Lakhs

Salary of majority employees

14% less than the average Machine Operator Salary in Auto Components Companies for 0 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Machine Operator Salary 0 - 4 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr
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Research & Development Machine Operator Salary Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr

Last Updated: 15 Feb 2025

Companies similar to Banco Products for Machine Operator in Vadodara

Banco Products Machine Operator Salary

0 - 4 years exp. (13 salaries)

₹1.3 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Schaeffler India Machine Operator Salary 1 - 6 years exp. (32 salaries)	₹1.2 L/yr - ₹3 L/yr 7% more
NBC Bearings Machine Operator Salary 0 - 5 years exp. (17 salaries)	₹1.4 L/yr - ₹3.1 L/yr 15% more
Login to view exact salary
Ceat Tyres Machine Operator Salary 0 - 4 years exp. (13 salaries)	₹1.3 L/yr - ₹3 L/yr 8% more
Alembic Pharmaceuticals Machine Operator Salary 2 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3.7 L/yr 33% more
Rehau Polymers Machine Operator Salary 1 - 4 years exp. (10 salaries)	₹2.2 L/yr - ₹2.8 L/yr 33% more

Machine Operator salary at Banco Products ranges between ₹1.3 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 13 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Machine Operator salaries in Vadodara

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹1.3 L/yr - ₹2.5 L/yr
1 year (4 salaries)	₹1.5 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.3 L/yr

Similar Designation salaries in Banco Products

Production Supervisor Salary

(11 salaries)

₹1.35 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

(8 salaries)

₹1.45 L/yr - ₹4.1 L/yr

Supervisor Salary

(6 salaries)

₹1.7 L/yr - ₹3.4 L/yr

Operator Salary

(6 salaries)

₹1.5 L/yr - ₹2.2 L/yr

Trainee Salary

(5 salaries)

₹1.8 L/yr - ₹2.15 L/yr

Technician Salary

(4 salaries)

₹1.7 L/yr - ₹3.5 L/yr

Production Operator Salary

(3 salaries)

₹1.5 L/yr - ₹1.6 L/yr

Salary related reviews for Banco Products

2.9

Rated by 5 employees for salary & benefits

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

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

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Banco Products Machine Operator Salary FAQs

What is the salary of Machine Operator at Banco Products Vadodara?

Machine Operator salary at Banco Products in Vadodara ranges between ₹1.3 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 14% less than the average Machine Operator Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Banco Products Vadodara.

How does the salary of a Machine Operator at Banco Products Vadodara compare with the average salary range for this job?

The average salary of a Machine Operator at Banco Products is 14% less than the average salary of a Machine Operator in Vadodara. To know exact salary insights, login to view.

Which similar companies are paying more than Banco Products to a Machine Operator in Vadodara?

Rehau Polymers Machine Operator Salary - ₹2.2 Lakhs to ₹2.8 Lakhs per year
Alembic Pharmaceuticals Machine Operator Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
NBC Bearings Machine Operator Salary - ₹1.4 Lakhs to ₹3.1 Lakhs per year
Ceat Tyres Machine Operator Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year
Schaeffler India Machine Operator Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Machine Operator at Banco Products in Vadodara?

The estimated take-home salary of a Machine Operator at Banco Products ranges between ₹13,075 per month to ₹14,475 per month in Vadodara. The take-home salary calculation is based on the average Banco Products Machine Operator salary in India which ranges between ₹1.3 Lakhs to ₹2.5 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 Machine Operator at Banco Products in Vadodara?

According to AmbitionBox, 43% of the Banco Products Machine Operators in Vadodara reported a notice period of 15 days or less, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Banco Products Machine Operator Salaries in Vadodara

Banco Products Machine Operator salary in Vadodara ranges between ₹1.3 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Banco Products latest salaries received from various employees of Banco Products.