Banco Products Vadodara Purchase Manager Salaries by 3 Employees (Updated 2025)

12 - 16 years exp.

₹10.7 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

At par with the average Purchase Manager Salary in Auto Components Companies for 12 - 16 years of experience

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Last Updated: 13 Oct 2024

Companies similar to Banco Products for Purchase Manager in Vadodara

Banco Products Purchase Manager Salary

12 - 16 years exp. (3 salaries)

₹10.7 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
MG Motor Purchase Manager Salary 6 - 13 years exp. (8 salaries)	₹10 L/yr - ₹24 L/yr 26% more
Siemens Purchase Manager Salary 14 - 17 years exp. (8 salaries)	₹15 L/yr - ₹22 L/yr 26% more
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Schneider Electric Purchase Manager Salary 8 - 12 years exp. (6 salaries)	₹9.1 L/yr - ₹16.5 L/yr 9% more
JCB Purchase Manager Salary 13 - 16 years exp. (6 salaries)	₹16 L/yr - ₹23 L/yr 65% more
Hitachi Energy Purchase Manager Salary 13 - 19 years exp. (5 salaries)	₹14 L/yr - ₹29.4 L/yr 69% more

Purchase Manager salary at Banco Products ranges between ₹10.7 Lakhs to ₹15 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Purchase Manager salaries in Vadodara

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
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15+ years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr

Similar Designation salaries in Banco Products

Senior Engineer Salary

(27 salaries)

₹3.5 L/yr - ₹8.1 L/yr

Purchase Engineer Salary

(9 salaries)

₹3.2 L/yr - ₹5 L/yr

Deputy Manager Salary

(8 salaries)

₹7.5 L/yr - ₹15.4 L/yr

Purchase Officer Salary

(6 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Purchase Executive Salary

(5 salaries)

₹4.5 L/yr - ₹5.6 L/yr

Salary related reviews for Banco Products

4.0

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 Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Banco Products Purchase Manager Salary FAQs

What is the notice period for Purchase Manager at Banco Products in Vadodara?

According to AmbitionBox, 100% of the Banco Products Purchase Managers in Vadodara reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Banco Products Purchase Manager Salaries in Vadodara

Banco Products Purchase Manager salary in Vadodara ranges between ₹10.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Banco Products latest salaries received from various employees of Banco Products.