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Indian Oil Corporation Chemical Engineer salaries in India

Annual salary range
0 - 3 years exp.
₹1.6 Lakh - ₹3 Lakhs
Salary of majority employees
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55% less than the average Chemical Engineer Salary in Oil & Gas Companies for 0 - 3 years of experience

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Last Updated: 25 Jan 2024

Companies similar to Indian Oil Corporation for Chemical Engineer

Company name Avg Annual Salary Open Jobs
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Reliance Industries Chemical Engineer Salary

2 - 10 years exp. (87 salaries)

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₹2.5 L/yr - ₹12.5 L/yr

arrow icon 214% more
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Bharat Petroleum Chemical Engineer Salary

1 - 3 years exp. (11 salaries)

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₹5 L/yr - ₹17.1 L/yr

arrow icon 339% more
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₹11.3 L/yr - ₹18 L/yr

arrow icon 407% more
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Shell Chemical Engineer Salary

1 - 8 years exp. (5 salaries)

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₹3 L/yr - ₹15.3 L/yr

arrow icon 250% more
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ExxonMobil Chemical Engineer Salary

0 - 2 years exp. (5 salaries)

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₹11.2 L/yr - ₹13 L/yr

arrow icon 453% more
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Hindustan Petroleum Chemical Engineer Salary

0 - 5 years exp. (4 salaries)

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₹4 L/yr - ₹16.9 L/yr

arrow icon 321% more
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Saudi Aramco Chemical Engineer Salary

0 - 14 years exp. (3 salaries)

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₹20.1 L/yr - ₹22 L/yr

arrow icon 852% more
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₹4.2 L/yr - ₹8.4 L/yr

arrow icon 176% more
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Baker Hughes Chemical Engineer Salary

4 - 15 years exp. (3 salaries)

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₹11.5 L/yr - ₹24 L/yr

arrow icon 598% more
Chemical Engineer salary at Indian Oil Corporation ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 12 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Chemical Engineer

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Experience wise Indian Oil Corporation Chemical Engineer salaries

Last Updated: 25 Jan 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
1 year  (6 salaries)

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₹2 L/yr - ₹2.8 L/yr
2 years  (3 salaries)

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₹1.6 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.4 L/yr

Similar Designation salaries in Indian Oil Corporation

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₹4.65 L/yr - ₹13.6 L/yr
Shift Engineer Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
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₹2.3 L/yr - ₹5 L/yr
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₹3 L/yr - ₹12.25 L/yr
Junior Engineer Salary
(61 salaries)
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₹3 L/yr - ₹12.75 L/yr
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₹1.25 L/yr - ₹8.05 L/yr
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₹10 L/yr - ₹19 L/yr
Chemical Process Engineer Salary
(AmbitionBox Estimate)
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₹47.5 L/yr - ₹52.5 L/yr
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₹12 L/yr - ₹17 L/yr
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₹5.87 L/yr - ₹18.5 L/yr

Salary related reviews for Indian Oil Corporation

4.3

Rated by 4 employees for salary & benefits

Production, Manufacturing & Engineering Department

4.0
  •  posted on 22 Feb 2020

5.0
 for  Salary and Benefits

Likes

.... There is special care is taken for safety and there are rules to get followed.there good pay scale and other important benifit.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a recruitment center level in lower grade.so that is a more tough to get a job for nearby people.

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 20 Aug 2024

4.0
 for  Salary and Benefits

Likes

Good salary for freshers Great allowances for furniture, mobile and laptops Superb Medical benefits Job security is best in the industry Diverse working exposure in refineries Townships for employees

read more
  • Salary - Good
  • +1 more

Dislikes

Remote/ Hardship working locations for refineries Poor work life balance for refineries Hard collar job Career growth is subject to satisfaction of bosses Heavy work loads in few large refineries

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 10 Sep 2023

4.0
 for  Salary and Benefits

Likes

...ork culture is not much stressed and employees can have a very comfortable life. The pay offered here is good and decent.

read more
  • Salary - Good
  • +2 more

Dislikes

The pay discrimination. Since its a PSU, one of the biggest disadvantages is that you are not paid according to your Qualification and contribution rather it is much based on how long have you been in the company. The organization has been filled with enough examples where an IITian, CAs, MBA professionals who are much important to organization because of their skills are being paid less than an old age employees who might be just doing basic work like passing of medical invoices, being PAs to senior management, employee reimbursement review etc. They work does not contribute either to the growth or profitability of the organization however there CTC 3-4 times higher than that of Qualified personnel working in the same company. Further, very limited personnel from the top management are actually concerned about the health of the organization but mostly are just there to complete their tenure which makes the organization extremely slow and difficult for young professionals to work with full efficiency.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 25 Jul 2023

5.0
 for  Salary and Benefits

Likes

...osphere may be different. But overall its a very good organisation to work with.job security, salary and benefits.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Transfer policy is an issue. But it can be worked around if you take 2 to 3 transfer in 30 years.

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 09 Sep 2023

4.0
 for  Salary and Benefits

Likes

Job Security and decent salary. Extensive job profiles within the company to suit for everyone's needs. Some profiles are exhausting while some are chill.

read more
  • Salary - Good
  • +1 more

Dislikes

Work life balance is pathetic in sales and marketing division.

  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

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Indian Oil Corporation Chemical Engineer Salary FAQs

What is the salary of Chemical Engineer at Indian Oil Corporation ?
The average salary of a Chemical Engineer at Indian Oil Corporation in India typically ranges from ₹1.6 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Chemical Engineer at Indian Oil Corporation earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Chemical Engineer Salaries at Indian Oil Corporation 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 10+ Indian Oil Corporation employees in India.
What is the estimated take home salary of a Chemical Engineer at Indian Oil Corporation in India?
The estimated take-home salary of a Chemical Engineer at Indian Oil Corporation in India typically ranges from ₹15,543 to ₹17,158 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 10+ salaries received from various employees of Indian Oil Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Indian Oil Corporation for Chemical Engineer in India?
Saudi Aramco ₹20.1 Lakhs to ₹22.0 Lakhs per year
Baker Hughes ₹11.5 Lakhs to ₹24.0 Lakhs per year
ExxonMobil ₹11.2 Lakhs to ₹13.0 Lakhs per year
Oil And Natural Gas Corporation ₹11.3 Lakhs to ₹18.0 Lakhs per year
Bharat Petroleum ₹5.0 Lakhs to ₹17.1 Lakhs per year

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

Hindustan Petroleum ₹4.0 Lakhs to ₹16.9 Lakhs per year
Shell ₹3.0 Lakhs to ₹15.3 Lakhs per year
Reliance Industries ₹2.5 Lakhs to ₹12.5 Lakhs per year
Sterling Oil Exploration & Energy Production ₹4.2 Lakhs to ₹8.4 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 Chemical Engineer at Indian Oil Corporation in India?
The salary growth for a Chemical Engineer at Indian Oil Corporation depends on factors such as experience, performance, and promotions. On average, a Chemical Engineer can expect the following growth trajectory at Indian Oil Corporation:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹3.0 Lakhs per year
1 year ₹2.0 Lakhs to ₹2.8 Lakhs per year
2 years ₹1.6 Lakhs to ₹2.5 Lakhs per year
3 years ₹0.8 Lakhs to ₹2.4 Lakhs per year
and so on.

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Indian Oil Corporation Chemical Engineer salary in India ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.