Upload Button Icon Add office photos
filter salariesFilter salaries by

Banco Products Purchase Engineer salaries in India

Annual salary range
3 - 6 years exp.
₹3.2 Lakhs - ₹5 Lakhs
Salary of majority employees
unlock blur
unlock blur

13% more than the average Purchase Engineer Salary in Auto Components Companies for 3 - 6 years of experience

Interested in this particular role?

Last Updated: 29 Dec 2024

Companies similar to Banco Products for Purchase Engineer

Company name Avg Annual Salary Open Jobs
unlock blur

₹2.2 L/yr - ₹4.5 L/yr

arrow icon 21% less
Logo
UNO Minda Purchase Engineer Salary

1 - 5 years exp. (10 salaries)

unlock blur

₹2 L/yr - ₹3.8 L/yr

arrow icon 42% less
1 job opening
Logo
unlock blur

₹4 L/yr - ₹6 L/yr

arrow icon 11% more
Logo
Rane (Madras) Purchase Engineer Salary

0 - 2 years exp. (3 salaries)

unlock blur

₹1.8 L/yr - ₹4 L/yr

arrow icon 34% less
Logo
Bharat Forge Purchase Engineer Salary

0 - 7 years exp. (12 salaries)

unlock blur

₹1.9 L/yr - ₹5.8 L/yr

arrow icon 25% less
unlock blur

₹3 L/yr - ₹3.5 L/yr

arrow icon 25% less
unlock blur

₹2 L/yr - ₹2.6 L/yr

arrow icon 51% less
Logo
Varroc Group Purchase Engineer Salary

1 - 10 years exp. (62 salaries)

unlock blur

₹2 L/yr - ₹7.5 L/yr

arrow icon 1% less
Logo
Suprajit Engineering Purchase Engineer Salary

1 - 6 years exp. (22 salaries)

unlock blur

₹2.5 L/yr - ₹5.3 L/yr

arrow icon 19% less
Logo
Kinetic Engineering Purchase Engineer Salary

1 - 5 years exp. (21 salaries)

unlock blur

₹1.8 L/yr - ₹4.1 L/yr

arrow icon 36% less
Logo
JBM Group Purchase Engineer Salary

1 - 7 years exp. (16 salaries)

unlock blur

₹3.2 L/yr - ₹4.8 L/yr

arrow icon 16% less
Logo
Shanthi Gears Purchase Engineer Salary

1 - 3 years exp. (10 salaries)

unlock blur

₹1.8 L/yr - ₹3 L/yr

arrow icon 46% less
Logo
UCAL Fuel Systems Purchase Engineer Salary

1 - 13 years exp. (10 salaries)

unlock blur

₹1.6 L/yr - ₹4.6 L/yr

arrow icon 23% less
Logo
Subros Purchase Engineer Salary

6 - 11 years exp. (10 salaries)

unlock blur

₹3.9 L/yr - ₹6.8 L/yr

arrow icon 20% more
Logo
Fiem Industries Purchase Engineer Salary

1 - 6 years exp. (6 salaries)

unlock blur

₹3.2 L/yr - ₹5 L/yr

arrow icon 14% less
Logo
Talbros Purchase Engineer Salary

2 - 5 years exp. (5 salaries)

unlock blur

₹2.2 L/yr - ₹5 L/yr

arrow icon 29% less
unlock blur

₹3 L/yr - ₹4.9 L/yr

arrow icon 14% less
Logo
Shivam Autotech Purchase Engineer Salary

2 - 6 years exp. (5 salaries)

unlock blur

₹2.7 L/yr - ₹5 L/yr

arrow icon 18% less
unlock blur

₹4.2 L/yr - ₹5.2 L/yr

arrow icon 7% more
Logo
Alicon Castalloy Purchase Engineer Salary

4 - 6 years exp. (4 salaries)

unlock blur

₹3 L/yr - ₹4.5 L/yr

arrow icon 19% less
View all
Purchase Engineer salary at Banco Products ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Purchase Engineer

1mo ago
avg blur mobile
6 years exp.
7mo ago
avg blur mobile
5 years exp.
9mo ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
3 years exp.

Experience wise Banco Products Purchase Engineer salaries

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur

₹3.2 L/yr - ₹7.7 L/yr
4 years  (4 salaries)

unlock blur

₹3.2 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹3.4 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹5 L/yr

Similar Designation salaries in Banco Products

unlock blur
₹2.4 L/yr - ₹4.2 L/yr
unlock blur
₹8 L/yr - ₹15 L/yr
Graduate Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹5 L/yr - ₹6.4 L/yr
unlock blur
₹4.55 L/yr - ₹7 L/yr
unlock blur
₹1.1 L/yr - ₹5.5 L/yr
Senior Engineer Salary
(32 salaries)
unlock blur
₹3.5 L/yr - ₹8.1 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹4.5 L/yr - ₹5.8 L/yr
unlock blur
₹4.52 L/yr - ₹5.6 L/yr
Buyer Salary
(AmbitionBox Estimate)
unlock blur
₹2.7 L/yr - ₹3.5 L/yr
Deputy Manager Salary
(9 salaries)
unlock blur
₹7.5 L/yr - ₹15.4 L/yr

Salary related reviews for Banco Products

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 29 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary day (4th Day of Every Month): The Only Good thing

Dislikes

- The Working Culture: The primitive mindset - I pay you, so I own you. - The working time: Official business hours -- 09:00 am to 5:30 pm. Unofficial business hours: 09:00 pm to 08:00 pm or more. If you leave by 06:00 pm - you will possibly get a call the same day or a comment from them the next working Day asking why did you leave early. They never respect people's time or understand that apart from work, there is a life. - Decision Making: For every nooks & small stuffs, the approval was required from "CEO". I never understood, what's the point of Appointing people in "President" post then. It seemed to me that, management don't trust their own management people (President / Vice President) - Toilets / Washroom: The washroom (both Ladies / Gents) across Offices & plants were at worst conditions. - Working Infrastructure: Old Cracked walls in the main buildings and no-body knows when was the last time, the curtains were washed. The chairs were really old and non of them were in proper condition. The desk are old but manageable. - AC Working Temperature: The temperature in Vadodara reaches really high in summer (in the range of 40 deg C to ~49 Deg C) and people used to keep the AC working in 28degC / 29degC in our marketing department. I used to suffocate a lot -- Such pathetic condition. Even witnessed few departments, where AC is present only for the Boss's cabin and rest of other people used to under fan which was really painful. Such inhuman conditions. I feel pity for those people actually. - Working Days: Whatsoever may happen - there will be 26 Working Days in a month. If a national holiday / public holiday is there in working day, it will be compensated by making people work on Sundays. The holidays / weekly off are decided in the beginning of each month - so technically, you cannot plan for any holidays in Advance. I am in better place now -- But I feel really pity for the people who are working over there, in such in-human conditions.

read more
  • Skill development - Poor
  • +5 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.

read more

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.

read more
  • Salary - Poor
  • +6 more

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
  • Skill development - Excellent
  • +1 more

Dislikes

  • Salary - Bad
  • Job security - Bad
  • +2 more

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
  • Salary - Good
  • +6 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.

  • 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.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Banco Products Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Banco Products?
Purchase Engineer salary at Banco Products in India ranges between ₹3.2 Lakhs to ₹5.0 Lakhs for experience between 3 years to 6 years. According to our estimates it is 13% more than the average Purchase Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Banco Products India.
How does the salary of a Purchase Engineer at Banco Products India compare with the average salary range for this job?
The average salary of a Purchase Engineer at Banco Products is 13% more than the average salary of a Purchase Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Banco Products to a Purchase Engineer in India?
  • Subros Purchase Engineer Salary - ₹3.9 Lakhs to ₹6.8 Lakhs per year
  • TVS Sundram Fasteners Purchase Engineer Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
  • India Nippon Electricals Purchase Engineer Salary - ₹4.2 Lakhs to ₹5.2 Lakhs per year
What is the salary of a Purchase Engineer in companies similar to Banco Products in India?
  • Varroc Group Purchase Engineer Salary - ₹2.0 Lakhs to ₹7.5 Lakhs per year
  • Fiem Industries Purchase Engineer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
  • Sundaram Auto Components Purchase Engineer Salary - ₹3.0 Lakhs to ₹4.9 Lakhs per year
  • JBM Group Purchase Engineer Salary - ₹3.2 Lakhs to ₹4.8 Lakhs per year
  • Shivam Autotech Purchase Engineer Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Purchase Engineer at Banco Products in India?
The estimated take-home salary of a Purchase Engineer at Banco Products ranges between ₹32,756 per month to ₹34,029 per month in India. The take-home salary calculation is based on the average Banco Products Purchase Engineer salary in India which ranges between ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Purchase Engineer at Banco Products?
According to AmbitionBox, 60% of the Banco Products Purchase Engineers reported a notice period of 1 Month, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Banco Products Purchase Engineer salary in India ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Banco Products latest salaries received from various employees of Banco Products.