Banco Products Vadodara Trainee Salaries by 5 Employees (Updated 2025)

1 - 4 years exp.

₹1.8 Lakh - ₹2.2 Lakhs

Salary of majority employees

15% less than the average Trainee Salary in Auto Components Companies for 1 - 4 years of experience

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Last Updated: 13 Sep 2023

Companies similar to Banco Products for Trainee in Vadodara

Banco Products Trainee Salary

1 - 4 years exp. (5 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Schaeffler India Trainee Salary 0 - 4 years exp. (51 salaries)	₹1.2 L/yr - ₹2.8 L/yr 11% more
Alembic Pharmaceuticals Trainee Salary 0 - 3 years exp. (43 salaries)	₹1.7 L/yr - ₹4 L/yr 44% more
Login to view exact salary
ABB Trainee Salary 1 - 4 years exp. (27 salaries)	₹1.1 L/yr - ₹3.2 L/yr 1% less
Rehau Polymers Trainee Salary 1 - 5 years exp. (14 salaries)	₹1.6 L/yr - ₹3.3 L/yr 47% more
Sun Pharmaceutical Industries Trainee Salary 0 - 4 years exp. (12 salaries)	₹1 L/yr - ₹2.8 L/yr At par

Trainee salary at Banco Products ranges between ₹1.8 Lakh to ₹2.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Banco Products.

Experience wise Banco Products Trainee salaries in Vadodara

Last Updated: 13 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹1.8 L/yr

Similar Designation salaries in Banco Products

Senior Engineer Salary

(27 salaries)

₹3.5 L/yr - ₹8.1 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.

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

see more salary related reviews

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a social media specialist

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 Trainee Salary FAQs

What is the salary of Trainee at Banco Products Vadodara?

Trainee salary at Banco Products in Vadodara ranges between ₹1.8 Lakhs to ₹2.2 Lakhs for experience between 1 years to 4 years. According to our estimates it is 15% less than the average Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Banco Products Vadodara.

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

The average salary of a Trainee at Banco Products is 15% less than the average salary of a Trainee in Vadodara. 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 Vadodara.

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

Rehau Polymers Trainee Salary - ₹1.6 Lakhs to ₹3.3 Lakhs per year
Alembic Pharmaceuticals Trainee Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year
Schaeffler India Trainee Salary - ₹1.2 Lakhs to ₹2.8 Lakhs per year

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

Sun Pharmaceutical Industries Trainee Salary - ₹1.0 Lakhs to ₹2.8 Lakhs per year
ABB Trainee Salary - ₹1.1 Lakhs to ₹3.2 Lakhs per year

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

The estimated take-home salary of a Trainee at Banco Products ranges between ₹12,426 per month to ₹13,770 per month in Vadodara. 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 experience between 1 years to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Banco Products Trainees in Vadodara reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Banco Products Trainee Salaries in Vadodara

Banco Products Trainee salary in Vadodara ranges between ₹1.8 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Banco Products latest salaries received from various employees of Banco Products.