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Banco Products

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3.5

based on 263 Reviews

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Vadodara
Research & Development

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Banco Products Research & Development Department Salaries in Vadodara

based on 55 latest salaries
Designation Avg Annual Salary Open Jobs

Design Engineer

1 - 5 years exp. · Vadodara (6 salaries)
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₹3 L/yr - ₹4.5 L/yr

Design & Development Engineer

1 - 4 years exp. · Vadodara (6 salaries)
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₹3.3 L/yr - ₹4.2 L/yr

Mechanical Engg. Design

1 - 5 years exp. · Vadodara (5 salaries)
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₹1.8 L/yr - ₹3.1 L/yr

Executive Design Engineer

9 - 12 years exp. · Vadodara (4 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

Starting your career? Discover Banco Products fresher salaries in India

Assistant Manager Costing

5 - 6 years exp. · Vadodara (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr

Production Engineer

2 - 4 years exp. · Vadodara (AmbitionBox Estimate)
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₹2 L/yr - ₹4.3 L/yr

Graduate Trainee

1 - 3 years exp. · Vadodara (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Deputy Manager

13 - 15 years exp. · Vadodara (AmbitionBox Estimate)
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₹11.2 L/yr - ₹15 L/yr

Associate Engineer

4 - 5 years exp. · Vadodara (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Assistant Manager - R&D

5 - 6 years exp. · Vadodara (AmbitionBox Estimate)
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₹11 L/yr - ₹14.1 L/yr

Senior Design Engineer

5 - 6 years exp. · Vadodara (AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr

Senior Design & Development Engineer

2 years exp. · Vadodara (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Tool Design Engineer

9 - 11 years exp. · Vadodara (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

Senior Mechanical Design Engineer

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

QC Inspector

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

Diploma Trainee

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

Quality Controller

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

SAP Operator

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

General Manager

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

Assistant Design Engineering Manager

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

Last Updated: 12 Jan, 2025

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fathersahaab
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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Banco Products

2.2

Rated by 12 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
  • 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.

read more
  • 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.

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  • 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.

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  • 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

read more
  • Salary - Good
    • +6 more

Dislikes

Compensation is decent, but growth is slow

see more salary related reviews

Banco Products interview questions by designations

Engineer Trainee (2)Area Sales Manager (1)Business Development Executive (1)Assistant Manager Maintenance (1)
View all 11 interview experiences

Know more about Banco Products Vadodara

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 55 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 Engineer the minimum salary is ₹1.2 Lakh to ₹3.2 Lakhs per year, and for Quality Inspector the minimum salary is ₹1.4 Lakh to ₹3 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 in Vadodara?
According to AmbitionBox, 79% of the Banco Products employees in Research & Development Department in Vadodara reported a notice period of 1 Month, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Banco Products , Vadodara is INRunlock blur . Salary estimates are based on 55 Banco Products latest salaries received from various employees of Banco Products.

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