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Banco Products Purchase Executive salaries in India

Annual salary range
3 - 15 years exp.
₹4.5 Lakhs - ₹5.6 Lakhs
Salary of majority employees
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28% more than the average Purchase Executive Salary in Auto Components Companies for 3 - 15 years of experience

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Last Updated: 22 Aug 2024

Companies similar to Banco Products for Purchase Executive

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 42% less
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UNO Minda Purchase Executive Salary

0 - 6 years exp. (79 salaries)

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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 33% less
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TVS Sundram Fasteners Purchase Executive Salary

3 - 10 years exp. (19 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 30% less
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Rane (Madras) Purchase Executive Salary

1 - 6 years exp. (5 salaries)

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₹2.3 L/yr - ₹3 L/yr

arrow icon 46% less
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Bharat Forge Purchase Executive Salary

1 - 4 years exp. (7 salaries)

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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 41% less
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₹4 L/yr - ₹9.9 L/yr

arrow icon 39% more
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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 50% less
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₹3.5 L/yr - ₹3.7 L/yr

arrow icon 28% less
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JBM Group Purchase Executive Salary

1 - 7 years exp. (90 salaries)

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₹2.1 L/yr - ₹6.4 L/yr

arrow icon 23% less
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Varroc Group Purchase Executive Salary

1 - 15 years exp. (40 salaries)

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₹1 L/yr - ₹9.5 L/yr

arrow icon 2% less
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Fiem Industries Purchase Executive Salary

1 - 6 years exp. (23 salaries)

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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 22% less
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₹3 L/yr - ₹4.5 L/yr

arrow icon 34% less
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UCAL Fuel Systems Purchase Executive Salary

2 - 10 years exp. (7 salaries)

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₹2.5 L/yr - ₹5.9 L/yr

arrow icon 14% less
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Greaves Cotton Purchase Executive Salary

3 - 6 years exp. (6 salaries)

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₹3.8 L/yr - ₹4.7 L/yr

arrow icon 15% less
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Hi Tech Gears Purchase Executive Salary

2 - 4 years exp. (5 salaries)

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₹2.4 L/yr - ₹3.1 L/yr

arrow icon 45% less
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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 52% less
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₹2.4 L/yr - ₹5 L/yr

arrow icon 24% less
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Igarashi Motors Purchase Executive Salary

7 - 10 years exp. (5 salaries)

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₹2.4 L/yr - ₹3.2 L/yr

arrow icon 42% less
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Subros Purchase Executive Salary

8 - 12 years exp. (5 salaries)

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₹4.8 L/yr - ₹6.8 L/yr

arrow icon 18% more
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Shivam Autotech Purchase Executive Salary

1 - 8 years exp. (4 salaries)

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₹1.7 L/yr - ₹5.2 L/yr

arrow icon 27% less
View all
Purchase Executive salary at Banco Products ranges between ₹4.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Purchase Executive

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4 years exp.
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12 years exp.
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15 years exp.

Experience wise Banco Products Purchase Executive salaries

Last Updated: 22 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Banco Products

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₹3.1 L/yr - ₹5 L/yr
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₹4.9 L/yr - ₹5.4 L/yr
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₹3.2 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹4.2 L/yr
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₹8 L/yr - ₹15 L/yr
Store Incharge Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Senior Purchase Officer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Senior Engineer Salary
(32 salaries)
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₹3.5 L/yr - ₹8.1 L/yr
Buyer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
SAP MM Consultant Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Banco Products

3.7

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
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Banco Products Purchase Executive Salary FAQs

What is the salary of Purchase Executive at Banco Products?
Purchase Executive salary at Banco Products in India ranges between ₹4.5 Lakhs to ₹5.6 Lakhs for experience between 3 years to 15 years. According to our estimates it is 28% more than the average Purchase Executive 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 Purchase Executive at Banco Products India compare with the average salary range for this job?
The average salary of a Purchase Executive at Banco Products is 28% more than the average salary of a Purchase Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Banco Products to a Purchase Executive in India?
  • Endurance Technologies Purchase Executive Salary - ₹4.0 Lakhs to ₹9.9 Lakhs per year
  • Subros Purchase Executive Salary - ₹4.8 Lakhs to ₹6.8 Lakhs per year
What is the salary of a Purchase Executive in companies similar to Banco Products in India?
  • Varroc Group Purchase Executive Salary - ₹1.0 Lakhs to ₹9.5 Lakhs per year
  • UCAL Fuel Systems Purchase Executive Salary - ₹2.5 Lakhs to ₹5.9 Lakhs per year
  • Greaves Cotton Purchase Executive Salary - ₹3.8 Lakhs to ₹4.7 Lakhs per year
  • Fiem Industries Purchase Executive Salary - ₹2.2 Lakhs to ₹5.4 Lakhs per year
  • JBM Group Purchase Executive Salary - ₹2.1 Lakhs to ₹6.4 Lakhs per year
What is the estimated take home salary of a Purchase Executive at Banco Products in India?
The estimated take-home salary of a Purchase Executive at Banco Products ranges between ₹36,925 per month to ₹38,136 per month in India. The take-home salary calculation is based on the average Banco Products Purchase Executive salary in India which ranges between ₹4.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Purchase Executive at Banco Products?
According to AmbitionBox, 100% of the Banco Products Purchase Executives reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Banco Products Purchase Executive salary in India ranges between ₹4.5 Lakhs to ₹5.6 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.