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Banco Products Quality Engineer salaries in India

Annual salary range
0 - 4 years exp.
₹1.2 Lakh - ₹3.2 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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50% less than the average Quality Engineer Salary in Auto Components Companies for 0 - 4 years of experience

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Salaries in different departments

Quality Assurance
Quality Engineer Salary
1 - 4 years exp. (13 salaries)
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₹1.4 L/yr - ₹3 L/yr

Production, Manufacturing & Engineering
Quality Engineer Salary
0 - 4 years exp. (6 salaries)
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₹1.2 L/yr - ₹2 L/yr

Last Updated: 5 Jul 2024

Companies similar to Banco Products for Quality Engineer

Company name Avg Annual Salary Open Jobs
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JBM Group Quality Engineer Salary

1 - 7 years exp. (348 salaries)

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₹1.2 L/yr - ₹5.8 L/yr

arrow icon 72% more
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Varroc Group Quality Engineer Salary

1 - 10 years exp. (337 salaries)

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₹1 L/yr - ₹7.3 L/yr

arrow icon 112% more
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Endurance Technologies Quality Engineer Salary

0 - 7 years exp. (221 salaries)

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₹1.1 L/yr - ₹4.8 L/yr

arrow icon 63% more
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Fiem Industries Quality Engineer Salary

2 - 8 years exp. (126 salaries)

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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 86% more
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Subros Quality Engineer Salary

0 - 13 years exp. (120 salaries)

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₹1.2 L/yr - ₹6.1 L/yr

arrow icon 100% more
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Hi Tech Gears Quality Engineer Salary

2 - 8 years exp. (90 salaries)

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₹1.5 L/yr - ₹5.2 L/yr

arrow icon 77% more
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Suprajit Engineering Quality Engineer Salary

1 - 9 years exp. (58 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 112% more
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Talbros Quality Engineer Salary

0 - 5 years exp. (53 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 22% more
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Viney Corporation Quality Engineer Salary

1 - 5 years exp. (53 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 27% more
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Kinetic Engineering Quality Engineer Salary

2 - 6 years exp. (51 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 57% more
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Shivam Autotech Quality Engineer Salary

1 - 10 years exp. (47 salaries)

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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 64% more
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MARK EXHAUST SYSTEMS Quality Engineer Salary

0 - 7 years exp. (42 salaries)

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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 56% more
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Alicon Castalloy Quality Engineer Salary

3 - 6 years exp. (35 salaries)

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₹2.2 L/yr - ₹4.1 L/yr

arrow icon 62% more
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UCAL Fuel Systems Quality Engineer Salary

0 - 7 years exp. (33 salaries)

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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 37% more
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Igarashi Motors Quality Engineer Salary

1 - 8 years exp. (31 salaries)

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₹1.3 L/yr - ₹4.1 L/yr

arrow icon 34% more
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Greaves Cotton Quality Engineer Salary

1 - 3 years exp. (21 salaries)

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₹1.4 L/yr - ₹3.6 L/yr

arrow icon 50% more
1 job opening
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Shanthi Gears Quality Engineer Salary

1 - 6 years exp. (19 salaries)

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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 34% more
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₹1.1 L/yr - ₹7.5 L/yr

arrow icon 64% more
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Goodyear Quality Engineer Salary

0 - 4 years exp. (18 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

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₹1.2 L/yr - ₹3.5 L/yr

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View all
Quality Engineer salary at Banco Products ranges between ₹1.2 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 24 latest salaries received from various employees of Banco Products.

Latest annual salaries shared by Banco Products Quality Engineer

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Experience wise Banco Products Quality Engineer salaries

Last Updated: 5 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹2.5 L/yr
1 year  (7 salaries)

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₹1.4 L/yr - ₹2.2 L/yr
2 years  (6 salaries)

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₹1.5 L/yr - ₹2.2 L/yr
3 years  (6 salaries)

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₹1.5 L/yr - ₹3 L/yr
4 years  (4 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Banco Products

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₹2.5 L/yr - ₹5.5 L/yr
Senior Engineer Salary
(32 salaries)
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₹3.5 L/yr - ₹8.1 L/yr
QA QC Engineer Salary
(4 salaries)
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₹1.5 L/yr - ₹2.3 L/yr
QA Engineer Salary
(6 salaries)
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₹1.5 L/yr - ₹3.5 L/yr
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₹7.3 L/yr - ₹10.4 L/yr
Quality Analyst Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Quality Controller Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
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₹4 L/yr - ₹5.1 L/yr
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₹1.35 L/yr - ₹3 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Top skills at Banco Products for Quality Engineer

Quality Engineering Sheet Metal PFMEA Quality Improvement Continuous Improvement Customer Audits

Salary related reviews for Banco Products

4.0

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Good
  • +6 more

Dislikes

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

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

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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.

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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 .

see more salary related reviews

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Banco Products Quality Engineer Salary FAQs

What is the salary of Quality Engineer at Banco Products ?
The average salary of a Quality Engineer at Banco Products in India typically ranges from ₹1.2 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Quality Engineer at Banco Products earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Quality 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 20+ Banco Products employees in India.
What is the estimated take home salary of a Quality Engineer at Banco Products in India?
The estimated take-home salary of a Quality Engineer at Banco Products in India typically ranges from ₹12,587 to ₹13,945 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 20+ salaries received from various employees of Banco Products. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Quality Engineer at Banco Products ?
To be a Quality Engineer at Banco Products in india, the key skills required include:

  • - Quality Engineering
  • - Sheet Metal
  • - PFMEA
  • - Quality Improvement
  • - Continuous Improvement

These skills are highly valued at Banco Products and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Banco Products for Quality Engineer in India?
Sundaram Auto Components ₹2.1 Lakhs to ₹7.6 Lakhs per year
Elgi Rubber Company ₹3.1 Lakhs to ₹5.0 Lakhs per year
Varroc Group ₹1.0 Lakhs to ₹7.3 Lakhs per year
Suprajit Engineering ₹2.4 Lakhs to ₹5.5 Lakhs per year
Setco Automotive ₹3.0 Lakhs to ₹5.5 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.
What is the salary of a Quality Engineer in companies similar to Banco Products in India?
The salary of a Quality Engineer at companies similar to Banco Products in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Subros ₹1.2 Lakhs to ₹6.1 Lakhs per year
Fiem Industries ₹1.7 Lakhs to ₹5.5 Lakhs per year
Hi Tech Gears ₹1.5 Lakhs to ₹5.2 Lakhs per year
JBM Group ₹1.2 Lakhs to ₹5.8 Lakhs per year
Shivam Autotech ₹1.9 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Quality Engineer at Banco Products in India?
The salary growth for a Quality Engineer at Banco Products depends on factors such as experience, performance, and promotions. On average, a Quality Engineer can expect the following growth trajectory at Banco Products:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹2.5 Lakhs per year
1 year ₹1.4 Lakhs to ₹2.2 Lakhs per year
2 years ₹1.5 Lakhs to ₹2.2 Lakhs per year
3 years ₹1.5 Lakhs to ₹3.0 Lakhs per year
and so on.

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Banco Products Quality Engineer salary in India ranges between ₹1.2 Lakh to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 Banco Products latest salaries received from various employees of Banco Products.