Banco Products Trainee Salaries by 8 Employees (Updated 2025)

0 - 4 years exp.

₹1.8 Lakh - ₹2.2 Lakhs

Salary of majority employees

19% less than the average Trainee Salary in Auto Components Companies for 0 - 4 years of experience

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Last Updated: 8 Dec 2023

Companies similar to Banco Products for Trainee

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Sharda Motor Industries Trainee Salary 0 - 3 years exp. (28 salaries)	₹1.5 L/yr - ₹2.6 L/yr 13% more
UNO Minda Trainee Salary 0 - 6 years exp. (25 salaries)	₹1.1 L/yr - ₹3.5 L/yr 18% more
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TVS Sundram Fasteners Trainee Salary 0 - 5 years exp. (225 salaries)	₹1.2 L/yr - ₹3 L/yr 6% more
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Greaves Cotton Trainee Salary 0 - 5 years exp. (22 salaries)	₹1.1 L/yr - ₹2.5 L/yr 11% less
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Suprajit Engineering Trainee Salary 0 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹2.6 L/yr 16% more
Talbros Trainee Salary 0 - 1 year exp. (6 salaries)	₹1.6 L/yr - ₹2.1 L/yr At par
Goodyear Trainee Salary 0 - 2 years exp. (6 salaries)	₹1.6 L/yr - ₹2.7 L/yr 5% more

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Trainee salary at Banco Products ranges between ₹1.8 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Trainee salaries

Last Updated: 8 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.1 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
3 years (3 salaries)	₹1.8 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.1 L/yr

Similar Designation salaries in Banco Products

Senior Engineer Salary

(32 salaries)

₹3.5 L/yr - ₹8.1 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Top skills at Banco Products for Trainee

TDS Presentation Skills Induction Recruitment Accounting MIS MS Office Joining Formalities

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.

Salary - Poor

+6 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.

Skill development - Excellent

+1 more

Dislikes

Salary - Bad
Job security - Bad

+2 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.

Salary - Good

+6 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.

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.

Salary - Bad

+5 more

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

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow

see more salary related reviews

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Banco Products Trainee Salary FAQs

What is the salary of Trainee at Banco Products?

Trainee salary at Banco Products in India ranges between ₹1.8 Lakhs to ₹2.2 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 19% less than the average Trainee Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Banco Products India.

How does the salary of a Trainee at Banco Products India compare with the average salary range for this job?

The average salary of a Trainee at Banco Products is 19% less than the average salary of a Trainee in India. To know exact salary insights, login to view.

What are the top skills required to work as a Trainee at Banco Products?

TDS, Presentation Skills, Induction, Recruitment and Accounting are some of the popular skills required to work as a Trainee at Banco Products India.

Which similar companies are paying more than Banco Products to a Trainee in India?

MARK EXHAUST SYSTEMS Trainee Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year
JBM Group Trainee Salary - ₹1.2 Lakhs to ₹3.2 Lakhs per year
Rico Auto Industries Trainee Salary - ₹1.0 Lakhs to ₹3.5 Lakhs per year
Bharat Forge Trainee Salary - ₹1.6 Lakhs to ₹3.0 Lakhs per year
UNO Minda Trainee Salary - ₹1.1 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Trainee in companies similar to Banco Products in India?

Hi Tech Gears Trainee Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
Suprajit Engineering Trainee Salary - ₹2.2 Lakhs to ₹2.6 Lakhs per year
Sharda Motor Industries Trainee Salary - ₹1.5 Lakhs to ₹2.6 Lakhs per year
Saint Gobain Sekurit India Trainee Salary - ₹2.0 Lakhs to ₹2.2 Lakhs per year
TVS Sundram Fasteners Trainee Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Trainee at Banco Products in India?

The estimated take-home salary of a Trainee at Banco Products ranges between ₹13,391 per month to ₹14,819 per month in India. The take-home salary calculation is based on the average Banco Products Trainee salary in India which ranges between ₹1.8 Lakhs to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Trainee at Banco Products?

According to AmbitionBox, 100% of the Banco Products Trainees reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Banco Products Trainee Salaries

Banco Products Trainee salary in India ranges between ₹1.8 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Banco Products latest salaries received from various employees of Banco Products.