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Banco Products Asst Store salaries in India (Updated 2025)

Annual salary range
1 - 4 years exp.
₹1.5 Lakh - ₹1.8 Lakh
Avg. annual salary
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Monthly In-hand Salary

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Asst Store Salary at Banco Products ranges between ₹1.5 Lakh to ₹1.8 Lakh per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from... Read more

38% less than the average Asst Store Salary in Auto Components Companies for 1 - 4 years of experience

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Last Updated: 19 Jan 2025

Companies similar to Banco Products for Asst Store

Company name Avg Annual Salary Open Jobs
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Endurance Technologies Asst Store Salary

0 - 6 years exp. (36 salaries)

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₹1.2 L/yr - ₹2.5 L/yr

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JBM Group Asst Store Salary

0 - 5 years exp. (16 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 52% more
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Varroc Group Asst Store Salary

0 - 5 years exp. (15 salaries)

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₹1.5 L/yr - ₹3.3 L/yr

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India Nippon Electricals Asst Store Salary

1 - 5 years exp. (7 salaries)

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₹1.4 L/yr - ₹2 L/yr

arrow icon 7% more
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Hi Tech Gears Asst Store Salary

5 - 9 years exp. (4 salaries)

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₹3.7 L/yr - ₹3.7 L/yr

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Shivam Autotech Asst Store Salary

1 - 8 years exp. (4 salaries)

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₹1.6 L/yr - ₹3.2 L/yr

arrow icon 39% more
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Autolite (India) Asst Store Salary

0 - 10 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 32% more
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Fiem Industries Asst Store Salary

1 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 73% more
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Talbros Asst Store Salary

5 - 7 years exp. (3 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 70% more
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Alicon Castalloy Asst Store Salary

4 - 6 years exp. (3 salaries)

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₹3 L/yr - ₹3 L/yr

arrow icon 82% more
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Saint Gobain Sekurit India Asst Store Salary

4 - 6 years exp. (3 salaries)

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₹2.3 L/yr - ₹2.9 L/yr

arrow icon 52% more
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Panasonic Energy India Co Asst Store Salary

2 - 11 years exp. (3 salaries)

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₹2 L/yr - ₹3.5 L/yr

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Banco Products Asst Store salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
4 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.7 L/yr

Similar Designation Salaries at Banco Products

Similar Designation Avg. annual salary
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₹3.2 L/yr - ₹5 L/yr

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₹3.8 L/yr - ₹5.4 L/yr

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₹2.4 L/yr - ₹4.2 L/yr

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₹6.1 L/yr - ₹10 L/yr

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₹2.3 L/yr - ₹2.3 L/yr

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₹1.6 L/yr - ₹4.5 L/yr

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₹8.7 L/yr - ₹16 L/yr

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₹1.8 L/yr - ₹4.8 L/yr

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₹7 L/yr - ₹7.9 L/yr

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₹4.5 L/yr - ₹5.8 L/yr

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Top trending discussions

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Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for Banco Products

Procurement & Supply Chain Department

3.0
  •  updated 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.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Research & Development Department

1.0
  •  updated 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

Full Time

 · 

Marketing & Communication Department

2.0
  •  updated on 29 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary day (4th Day of Every Month): The Only Good thing

Dislikes

- The Working Culture: The primitive mindset - I pay you, so I own you. - The working time: Official business hours -- 09:00 am to 5:30 pm. Unofficial business hours: 09:00 pm to 08:00 pm or more. If you leave by 06:00 pm - you will possibly get a call the same day or a comment from them the next working Day asking why did you leave early. They never respect people's time or understand that apart from work, there is a life. - Decision Making: For every nooks & small stuffs, the approval was required from "CEO". I never understood, what's the point of Appointing people in "President" post then. It seemed to me that, management don't trust their own management people (President / Vice President) - Toilets / Washroom: The washroom (both Ladies / Gents) across Offices & plants were at worst conditions. - Working Infrastructure: Old Cracked walls in the main buildings and no-body knows when was the last time, the curtains were washed. The chairs were really old and non of them were in proper condition. The desk are old but manageable. - AC Working Temperature: The temperature in Vadodara reaches really high in summer (in the range of 40 deg C to ~49 Deg C) and people used to keep the AC working in 28degC / 29degC in our marketing department. I used to suffocate a lot -- Such pathetic condition. Even witnessed few departments, where AC is present only for the Boss's cabin and rest of other people used to under fan which was really painful. Such inhuman conditions. I feel pity for those people actually. - Working Days: Whatsoever may happen - there will be 26 Working Days in a month. If a national holiday / public holiday is there in working day, it will be compensated by making people work on Sundays. The holidays / weekly off are decided in the beginning of each month - so technically, you cannot plan for any holidays in Advance. I am in better place now -- But I feel really pity for the people who are working over there, in such in-human conditions.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Research & Development Department

1.0
  •  updated on 03 Jan 2023

1.0
 for  Salary and Benefits

Likes

Nothing to be like not at all human who are working in plant,

Dislikes

Everything is terrible dislike , If anyone having an opportunity with less salary with another company, please proceed for another company with less salary but never go with banco, (Not working life balance (Not professional life (Not salary (Not safety (Not mentally (Not well culture (Not even medical facilities in case of emergency in palnt (Seen my colleague facing an horrible issue when his father has medical issues, Company not even gave any tarveling facilities nor leave, (I have seen 10 to 12 higher level manger who left the banco within 6-8 months

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  updated 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
see more salary related reviews

Banco Products Asst Store Salary FAQs

What is the salary of Asst Store at Banco Products ?
The average salary of a Asst Store at Banco Products in India typically ranges from ₹1.5 Lakhs to ₹1.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Asst Store at Banco Products earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Asst Store Salaries at Banco Products can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Banco Products employees in India.
What is the estimated take home salary of a Asst Store at Banco Products in India?
The estimated take-home salary of a Asst Store at Banco Products in India typically ranges from ₹11,216 to ₹12,456 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹1.8 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Banco Products. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Banco Products for Asst Store in India?
Hi Tech Gears ₹3.7 Lakhs to ₹3.7 Lakhs per year
Alicon Castalloy ₹3.0 Lakhs to ₹3.0 Lakhs per year
Fiem Industries ₹2.0 Lakhs to ₹4.3 Lakhs per year
Talbros ₹2.4 Lakhs to ₹3.5 Lakhs per year
JBM Group ₹1.5 Lakhs to ₹3.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Banco Products, depending on the role and experience level.
What is the salary of a Asst Store in companies similar to Banco Products in India?
The salary of a Asst Store at companies similar to Banco Products in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Varroc Group ₹1.5 Lakhs to ₹3.3 Lakhs per year
Saint Gobain Sekurit India ₹2.3 Lakhs to ₹2.9 Lakhs per year
Panasonic Energy India Co ₹2.0 Lakhs to ₹3.5 Lakhs per year
Shivam Autotech ₹1.6 Lakhs to ₹3.2 Lakhs per year
Autolite (India) ₹1.8 Lakhs to ₹2.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Asst Store at Banco Products in India?
The salary growth for a Asst Store at Banco Products depends on factors such as experience, performance, and promotions. On average, a Asst Store can expect the following growth trajectory at Banco Products:

Experience Average Salary Range
1 year ₹1.6 Lakhs to ₹2.1 Lakhs per year
2 years ₹1.5 Lakhs to ₹1.9 Lakhs per year
4 years ₹1.4 Lakhs to ₹1.7 Lakhs per year
and so on.

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Banco Products Asst Store salary in India ranges between ₹1.5 Lakh to ₹1.8 Lakh with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Banco Products latest salaries received from various employees of Banco Products.