Banco Products Tool Room Manager Salaries by 2 Employees (Updated 2025)

9 - 11 years exp.

₹9.5 Lakhs - ₹12.1 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 5 Jul 2024

Companies similar to Banco Products for Tool Room Manager

Company name	Avg Annual Salary	Open Jobs
Setco Automotive Tool Room Manager Salary 15 - 18 years exp. (4 salaries)	₹13.4 L/yr - ₹15.1 L/yr 32% more
JBM Group Tool Room Manager Salary 16 - 23 years exp. (5 salaries)	₹11.5 L/yr - ₹15.6 L/yr 35% more
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Talbros Tool Room Manager Salary 17 - 23 years exp. (4 salaries)	₹7.2 L/yr - ₹16 L/yr 1% more
Fiem Industries Tool Room Manager Salary 18 - 19 years exp. (3 salaries)	₹12 L/yr - ₹15.6 L/yr 24% more
Enco Engineers Combine Tool Room Manager Salary 7 - 23 years exp. (10 salaries)	₹8.1 L/yr - ₹11 L/yr 13% less

Tool Room Manager salary at Banco Products ranges between ₹9.5 Lakhs to ₹12.1 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of Banco Products.

Similar Designation salaries in Banco Products

Tool Room Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Deputy Manager Salary

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₹7.5 L/yr - ₹15.4 L/yr

Maintenance Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Deputy General Manager Salary

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₹22.3 L/yr - ₹28.5 L/yr

Store Incharge Salary

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₹1.7 L/yr - ₹2.2 L/yr

Senior Engineer Salary

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₹3.5 L/yr - ₹8.1 L/yr

Junior Engineer Salary

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₹1.1 L/yr - ₹5.5 L/yr

Store Supervisor Salary

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₹2.25 L/yr - ₹2.3 L/yr

Store Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for Banco Products

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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1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Banco Products Tool Room Manager Salary FAQs

What is the notice period for Tool Room Manager at Banco Products?

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

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Banco Products Tool Room Manager Salaries

Banco Products Tool Room Manager salary in India ranges between ₹9.5 Lakhs to ₹12.1 Lakhs. This is an estimate based on latest salaries received from employees of Banco Products.