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Banco Products Manufacturing Engineer salaries in India

Annual salary range
0 - 3 years exp.
₹2 Lakhs - ₹3.3 Lakhs
Salary of majority employees
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55% less than the average Manufacturing Engineer Salary in Auto Components Companies for 0 - 3 years of experience

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Last Updated: 13 Jun 2023

Companies similar to Banco Products for Manufacturing Engineer

Company name Avg Annual Salary Open Jobs
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₹1.6 L/yr - ₹4 L/yr

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Rane (Madras) Manufacturing Engineer Salary

1 - 8 years exp. (14 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 37% more
1 job opening
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Bharat Forge Manufacturing Engineer Salary

1 - 8 years exp. (7 salaries)

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₹3 L/yr - ₹7.4 L/yr

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₹2 L/yr - ₹7.1 L/yr

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₹1.1 L/yr - ₹2.8 L/yr

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Varroc Group Manufacturing Engineer Salary

0 - 8 years exp. (51 salaries)

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₹1.8 L/yr - ₹9.7 L/yr

arrow icon 97% more
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Greaves Cotton Manufacturing Engineer Salary

3 - 16 years exp. (9 salaries)

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₹1.9 L/yr - ₹9 L/yr

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₹3.3 L/yr - ₹7 L/yr

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JBM Group Manufacturing Engineer Salary

0 - 1 year exp. (7 salaries)

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₹1.6 L/yr - ₹3.2 L/yr

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Shanthi Gears Manufacturing Engineer Salary

7 - 10 years exp. (5 salaries)

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₹4.5 L/yr - ₹5.5 L/yr

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Subros Manufacturing Engineer Salary

1 - 3 years exp. (5 salaries)

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₹1.5 L/yr - ₹2.3 L/yr

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₹4 L/yr - ₹6.5 L/yr

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Manufacturing Engineer salary at Banco Products ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Manufacturing Engineer

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3 years exp.

Experience wise Banco Products Manufacturing Engineer salaries

Last Updated: 13 Jun 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.9 L/yr

Similar Designation salaries in Banco Products

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₹2.4 L/yr - ₹4.1 L/yr
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₹4.55 L/yr - ₹7 L/yr
Graduate Engineer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
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₹1.2 L/yr - ₹3.2 L/yr
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₹1.5 L/yr - ₹7.34 L/yr
Senior Engineer Salary
(29 salaries)
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₹3.5 L/yr - ₹8.1 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹1.45 L/yr - ₹4.1 L/yr
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₹1.1 L/yr - ₹5.5 L/yr
Process Engineer Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for Banco Products

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

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.

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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.

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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 .

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.

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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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Banco Products Manufacturing Engineer Salary FAQs

What is the salary of Manufacturing Engineer at Banco Products?
Manufacturing Engineer salary at Banco Products in India ranges between ₹2.0 Lakhs to ₹3.3 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 55% less than the average Manufacturing Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Banco Products India.
How does the salary of a Manufacturing Engineer at Banco Products India compare with the average salary range for this job?
The average salary of a Manufacturing Engineer at Banco Products is 55% less than the average salary of a Manufacturing Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Banco Products to a Manufacturing Engineer in India?
  • Saint Gobain Sekurit India Manufacturing Engineer Salary - ₹3.3 Lakhs to ₹7.0 Lakhs per year
  • Suprajit Engineering Manufacturing Engineer Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
  • Bharat Forge Manufacturing Engineer Salary - ₹3.0 Lakhs to ₹7.4 Lakhs per year
  • Shanthi Gears Manufacturing Engineer Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
  • Varroc Group Manufacturing Engineer Salary - ₹1.8 Lakhs to ₹9.7 Lakhs per year
What is the salary of a Manufacturing Engineer in companies similar to Banco Products in India?
  • Endurance Technologies Manufacturing Engineer Salary - ₹2.0 Lakhs to ₹7.1 Lakhs per year
  • Greaves Cotton Manufacturing Engineer Salary - ₹1.9 Lakhs to ₹9.0 Lakhs per year
  • Rane (Madras) Manufacturing Engineer Salary - ₹2.5 Lakhs to ₹4.9 Lakhs per year
  • TVS Sundram Fasteners Manufacturing Engineer Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
  • JBM Group Manufacturing Engineer Salary - ₹1.6 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Manufacturing Engineer at Banco Products in India?
The estimated take-home salary of a Manufacturing Engineer at Banco Products ranges between ₹17,381 per month to ₹19,083 per month in India. The take-home salary calculation is based on the average Banco Products Manufacturing Engineer salary in India which ranges between ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Manufacturing Engineer at Banco Products?
According to AmbitionBox, 100% of the Banco Products Manufacturing Engineers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Banco Products Manufacturing Engineer salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Banco Products latest salaries received from various employees of Banco Products.