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Banco Products

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3.5

based on 258 Reviews

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Research & Development

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Banco Products Research & Development Department Salaries in India

based on 75 latest salaries
Designation Avg Annual Salary Open Jobs

Chief Technical Officer

23 years exp. (AmbitionBox Estimate)
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₹80.8 L/yr - ₹89.3 L/yr

Senior Mechanical Design Engineer

Fresher (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

QC Inspector

2 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

Diploma Trainee

2 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

Quality Controller

5 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Junior Design Engineer

1 year exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

Worker

Fresher (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

SAP Operator

1 year exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

Fabrication Engineer

1 year exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Management Trainee

Fresher (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

General Manager

17 years exp. (AmbitionBox Estimate)
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₹27.6 L/yr - ₹35.3 L/yr

Assistant Design Engineering Manager

10 years exp. (AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

Junior Design and Development Engineer

2 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Senior Tool Design Engineer

12 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Detail Design Engineer

1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Autocad Design Engineer

4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

Manager

13 - 15 years exp. (3 salaries)
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₹11.3 L/yr - ₹14.4 L/yr

Assistant Manager

10 - 12 years exp. (3 salaries)
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₹8.6 L/yr - ₹10.2 L/yr

Machine Operator

Fresher (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.9 L/yr

Last Updated: 4 Dec, 2024

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2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Salary related reviews for Banco Products

2.2

Rated by 15 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.

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

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.

read 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.

read 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.

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.

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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

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Dislikes

Compensation is decent, but growth is slow

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Banco Products interview questions by designations

Engineer Trainee (2)Design Engineer (1)Area Sales Manager (1)Business Development Executive (1)
View all 11 interview experiences
More about working at Banco Products

Banco Products Salary FAQs

How much does Banco Products pay per year?
The average Banco Products salary ranges from approximately ₹0.8 Lakh to ₹2 Lakhs per year for a Fitter and ₹7.5 Lakhs to ₹17.5 Lakhs per year for a Production Manager. Salary estimates are based on 75 Banco Products salaries received from various employees of Banco Products. Banco Products employees rate the overall salary and benefits package 2.2/5 stars.
What is the highest salary in Banco Products?
The highest-paying job at Banco Products is a Production Manager with a salary of ₹7.5 Lakhs to ₹17.5 Lakhs per year. The top 10% of employees earn more than ₹11 lakhs per year. The top 1% earn more than a whopping ₹35 lakhs per year.
What is the minimum salary in Banco Products?
Minimum salary at Banco Products depends on the role you are applying for. For Quality Inspector the minimum salary is ₹1.4 Lakh to ₹3 Lakhs per year, and for Quality Engineer the minimum salary is ₹1.2 Lakh to ₹3.2 Lakhs per year and so on.
What is the salary package for freshers in Banco Products?
The average salary at Banco Products for freshers varies from ₹1.3 Lakh to ₹2.5 Lakhs per year for Computer Operator and ₹2.3 Lakhs to ₹3 Lakhs per year for Production Engineer.
What is the notice period at Banco Products in Research & Development Department?
According to AmbitionBox, 72% of the Banco Products employees in Research & Development Department reported a notice period of 1 Month, 18% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

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Banco Products Research & Development Salaries by Location

Average annual salary in Research & Development department at Banco Products is INRunlock blur . Salary estimates are based on 75 Banco Products latest salaries received from various employees of Banco Products.

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