Banco Products NPD Engineer Salaries by 2 Employees (Updated 2024)

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₹3.9 Lakhs - ₹4.9 Lakhs

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Salary of majority employees

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Salaries in different departments

Marketing & Communication NPD Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Product Management NPD Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 8 May 2024

Companies similar to Banco Products for NPD Engineer

Company name	Avg Annual Salary	Open Jobs
Sharda Motor Industries NPD Engineer Salary 2 - 6 years exp. (10 salaries)	₹2.8 L/yr - ₹5 L/yr 13% less
UNO Minda NPD Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.8 L/yr - ₹3 L/yr 34% less
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TVS Sundram Fasteners NPD Engineer Salary 1 - 6 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 53% less
Bharat Forge NPD Engineer Salary 2 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹6.1 L/yr 6% more
Endurance Technologies NPD Engineer Salary 1 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 5% less
Rico Auto Industries NPD Engineer Salary 0 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr 24% less
JBM Group NPD Engineer Salary 0 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹5 L/yr 18% less
Suprajit Engineering NPD Engineer Salary 0 - 8 years exp. (16 salaries)	₹3 L/yr - ₹5.2 L/yr 10% less
Alicon Castalloy NPD Engineer Salary 1 - 5 years exp. (7 salaries)	₹3 L/yr - ₹4.2 L/yr 26% less
Shivam Autotech NPD Engineer Salary 1 - 3 years exp. (7 salaries)	₹2.4 L/yr - ₹3.2 L/yr 37% less
Fiem Industries NPD Engineer Salary 1 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.2 L/yr 22% less
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Hi Tech Gears NPD Engineer Salary 3 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4.5 L/yr 20% less

NPD Engineer salary at Banco Products ranges between ₹3.9 Lakhs to ₹4.9 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Banco Products.

Similar Designation salaries in Banco Products

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₹3.5 L/yr - ₹8.1 L/yr

Design Engineer Salary

(6 salaries)

₹3 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(5 salaries)

₹1.1 L/yr - ₹5.5 L/yr

Quality Engineer Salary

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₹1.2 L/yr - ₹3.2 L/yr

Software Engineer Salary

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₹14.4 L/yr - ₹18.4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Officer Salary

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Mechanical Engineer Salary

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₹1.45 L/yr - ₹4.1 L/yr

Production Engineer Salary

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₹1.45 L/yr - ₹7.34 L/yr

Deputy Manager Salary

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₹7.5 L/yr - ₹15.4 L/yr

Salary related reviews for Banco Products

5.0

Rated by 1 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.

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.

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.

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.

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

Dislikes

Compensation is decent, but growth is slow

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Banco Products NPD Engineer Salary FAQs

What is the notice period for NPD Engineer at Banco Products?

According to AmbitionBox, 100% of the Banco Products NPD Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Banco Products NPD Engineer Salaries

Banco Products NPD Engineer salary in India ranges between ₹3.9 Lakhs to ₹4.9 Lakhs. This is an estimate based on latest salaries received from employees of Banco Products.