Banco Products Production & Planning Engineer Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹1.6 Lakh - ₹3 Lakhs

Salary of majority employees

51% less than the average Production & Planning Engineer Salary in Auto Components Companies for 1 - 3 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Banco Products for Production & Planning Engineer

Company name	Avg Annual Salary	Open Jobs
Hi Tech Gears Production & Planning Engineer Salary 1 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹3.1 L/yr 25% more
JBM Group Production & Planning Engineer Salary 3 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr 41% more
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L&T Energy Hydrocarbon Production & Planning Engineer Salary 1 - 11 years exp. (13 salaries)	₹2.7 L/yr - ₹8.2 L/yr 169% more
Vivo Production & Planning Engineer Salary 1 - 7 years exp. (13 salaries)	₹3.4 L/yr - ₹6 L/yr 121% more
TE Connectivity Production & Planning Engineer Salary 2 - 4 years exp. (9 salaries)	₹3 L/yr - ₹4.2 L/yr 73% more

Production & Planning Engineer salary at Banco Products ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Production & Planning Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr

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Salary related reviews for Banco Products

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

QA Executive in Vadodara

Quality Assurance Department

4.0

• posted on 30 Oct 2017

4.0

for Salary and Benefits

Likes

...owth good company. There is too much learning. I was happy for work environment. Good salary but politics is common in any company.

Salary - Good

+6 more

Dislikes

There is good team work. Work life balance, we can do job up to retirement

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

see more salary related reviews

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Banco Products Production & Planning Engineer Salary FAQs

What is the salary of Production & Planning Engineer at Banco Products ?

The average salary of a Production & Planning Engineer at Banco Products in India typically ranges from ₹1.6 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Production & Planning Engineer at Banco Products earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Production & Planning Engineer Salaries at Banco Products can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Banco Products employees in India.

What is the estimated take home salary of a Production & Planning Engineer at Banco Products in India?

The estimated take-home salary of a Production & Planning Engineer at Banco Products in India typically ranges from ₹14,038 to ₹15,523 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Banco Products. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Banco Products for Production & Planning Engineer in India?

L&T Energy Hydrocarbon	₹2.7 Lakhs to ₹8.2 Lakhs per year
Vivo	₹3.4 Lakhs to ₹6.0 Lakhs per year
TE Connectivity	₹3.0 Lakhs to ₹4.2 Lakhs per year
JBM Group	₹2.6 Lakhs to ₹3.5 Lakhs per year
Hi Tech Gears	₹2.2 Lakhs to ₹3.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Banco Products, depending on the role and experience level.

How the salary growth look like for a Production & Planning Engineer at Banco Products in India?

The salary growth for a Production & Planning Engineer at Banco Products depends on factors such as experience, performance, and promotions. On average, a Production & Planning Engineer can expect the following growth trajectory at Banco Products:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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Banco Products Production & Planning Engineer Salaries

Banco Products Production & Planning Engineer salary in India ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Banco Products latest salaries received from various employees of Banco Products.