Banco Products Maintenance Fitter Salaries by 7 Employees (Updated 2025)

1 - 6 years exp.

₹1.2 Lakh - ₹2.2 Lakhs

Salary of majority employees

25% less than the average Maintenance Fitter Salary in Auto Components Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Maintenance Fitter Salary 2 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹2.2 L/yr
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Project & Program Management Maintenance Fitter Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.2 L/yr

Last Updated: 10 Dec 2023

Companies similar to Banco Products for Maintenance Fitter

Company name	Avg Annual Salary	Open Jobs
UNO Minda Maintenance Fitter Salary 1 - 9 years exp. (9 salaries)	₹2 L/yr - ₹3 L/yr 29% more
TVS Sundram Fasteners Maintenance Fitter Salary 2 - 17 years exp. (4 salaries)	₹1.5 L/yr - ₹5 L/yr 63% more
Login to view exact salary
Bharat Forge Maintenance Fitter Salary 1 - 5 years exp. (5 salaries)	₹1 L/yr - ₹3 L/yr 13% more
Endurance Technologies Maintenance Fitter Salary 1 - 4 years exp. (8 salaries)	₹1.2 L/yr - ₹3.2 L/yr 12% less
Rico Auto Industries Maintenance Fitter Salary 1 - 12 years exp. (14 salaries)	₹1.7 L/yr - ₹3.5 L/yr 65% more
JBM Group Maintenance Fitter Salary 1 - 7 years exp. (20 salaries)	₹1.8 L/yr - ₹3 L/yr 29% more
Hi Tech Gears Maintenance Fitter Salary 1 - 4 years exp. (9 salaries)	₹2 L/yr - ₹3.3 L/yr 26% more
Shivam Autotech Maintenance Fitter Salary 0 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹3 L/yr 18% more
Talbros Maintenance Fitter Salary 4 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr 26% more
Goodyear Maintenance Fitter Salary 1 year exp. (4 salaries)	₹1.4 L/yr - ₹1.6 L/yr 24% less
Varroc Group Maintenance Fitter Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹4 L/yr 29% more
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Maintenance Fitter salary at Banco Products ranges between ₹1.2 Lakh to ₹2.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Maintenance Fitter salaries

Last Updated: 10 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.1 L/yr
2 years (3 salaries)	₹1.2 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
6 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr

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Similar Designation salaries in Banco Products

Maintenance Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹4.1 L/yr

Assistant Fitter Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Mechanical Fitter Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Mechanical Maintenance Fitter Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

ITI Fitter Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Fitter Salary

(5 salaries)

₹0.8 L/yr - ₹2 L/yr

Machine Operator Salary

(11 salaries)

₹1.3 L/yr - ₹2.15 L/yr

Apprentice Trainee Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Operator Salary

(6 salaries)

₹1.5 L/yr - ₹2.2 L/yr

Trainee Salary

(8 salaries)

₹1.8 L/yr - ₹2.15 L/yr

Salary related reviews for Banco Products

3.0

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

+2 more
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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Banco Products Maintenance Fitter Salary FAQs

What is the salary of Maintenance Fitter at Banco Products?

Maintenance Fitter salary at Banco Products in India ranges between ₹1.2 Lakhs to ₹2.2 Lakhs for experience between 1 years to 6 years. According to our estimates it is 25% less than the average Maintenance Fitter Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Banco Products India.

How does the salary of a Maintenance Fitter at Banco Products India compare with the average salary range for this job?

The average salary of a Maintenance Fitter at Banco Products is 25% less than the average salary of a Maintenance Fitter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Banco Products to a Maintenance Fitter in India?

Rico Auto Industries Maintenance Fitter Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
TVS Sundram Fasteners Maintenance Fitter Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
Varroc Group Maintenance Fitter Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
JBM Group Maintenance Fitter Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
UNO Minda Maintenance Fitter Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year

What is the salary of a Maintenance Fitter in companies similar to Banco Products in India?

Talbros Maintenance Fitter Salary - ₹2.4 Lakhs to ₹2.6 Lakhs per year
Hi Tech Gears Maintenance Fitter Salary - ₹2.0 Lakhs to ₹3.3 Lakhs per year
Shivam Autotech Maintenance Fitter Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
Bharat Forge Maintenance Fitter Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
Endurance Technologies Maintenance Fitter Salary - ₹1.2 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Maintenance Fitter at Banco Products in India?

The estimated take-home salary of a Maintenance Fitter at Banco Products ranges between ₹13,449 per month to ₹14,882 per month in India. The take-home salary calculation is based on the average Banco Products Maintenance Fitter salary in India which ranges between ₹1.2 Lakhs to ₹2.2 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Maintenance Fitter at Banco Products?

According to AmbitionBox, 80% of the Banco Products Maintenance Fitters reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Banco Products Maintenance Fitter Salaries

Banco Products Maintenance Fitter salary in India ranges between ₹1.2 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Banco Products latest salaries received from various employees of Banco Products.