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Indian Oil Corporation Finance Manager salaries in India (Updated 2025)

Annual salary range
4 - 12 years exp.
₹18 Lakhs - ₹38 Lakhs
Salary of majority employees
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Fixed (87%)
₹24.6 Lakhs
Variable (13%)
₹3.6 Lakhs
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65% more than the average Finance Manager Salary in Oil & Gas Companies for 4 - 12 years of experience

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Salaries in different departments

Finance & Accounting
Finance Manager Salary
4 - 12 years exp. (24 salaries)
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₹18 L/yr - ₹38 L/yr

Strategic & Top Management
Finance Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹21.1 L/yr - ₹29 L/yr

Last Updated: 14 Feb 2025

Companies similar to Indian Oil Corporation for Finance Manager

Company name Avg Annual Salary Open Jobs
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Reliance Industries Finance Manager Salary

1 - 15 years exp. (40 salaries)

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₹4 L/yr - ₹17.1 L/yr

arrow icon 65% less
1 job opening
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TCS Finance Manager Salary

10 - 20 years exp. (56 salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 36% less
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Hindustan Unilever Finance Manager Salary

1 - 10 years exp. (75 salaries)

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₹19.5 L/yr - ₹45 L/yr

arrow icon 20% more
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Infosys Finance Manager Salary

6 - 13 years exp. (44 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 20% less
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Larsen & Toubro Limited Finance Manager Salary

0 - 13 years exp. (20 salaries)

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₹6.3 L/yr - ₹25.4 L/yr

arrow icon 50% less
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Wipro Finance Manager Salary

5 - 15 years exp. (87 salaries)

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₹13.8 L/yr - ₹38 L/yr

At par
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Bharat Petroleum Finance Manager Salary

5 - 8 years exp. (47 salaries)

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₹18 L/yr - ₹48 L/yr

arrow icon 16% more
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Shell Finance Manager Salary

10 - 22 years exp. (44 salaries)

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₹26.6 L/yr - ₹92.6 L/yr

arrow icon 87% more
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Tech Mahindra Finance Manager Salary

7 - 17 years exp. (40 salaries)

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₹7.9 L/yr - ₹32 L/yr

arrow icon 31% less
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HCLTech Finance Manager Salary

6 - 18 years exp. (30 salaries)

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₹7.5 L/yr - ₹20.8 L/yr

arrow icon 52% less
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Hindustan Petroleum Finance Manager Salary

5 - 11 years exp. (11 salaries)

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₹24 L/yr - ₹40 L/yr

arrow icon 13% more
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Baker Hughes Finance Manager Salary

0 - 12 years exp. (6 salaries)

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₹9 L/yr - ₹34 L/yr

arrow icon 30% less
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Valmet Finance Manager Salary

7 - 10 years exp. (5 salaries)

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₹17.1 L/yr - ₹21.5 L/yr

arrow icon 34% less
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TotalEnergies Finance Manager Salary

12 - 15 years exp. (4 salaries)

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₹13.5 L/yr - ₹18 L/yr

arrow icon 45% less
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GAIL Finance Manager Salary

2 - 10 years exp. (3 salaries)

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₹7.2 L/yr - ₹30 L/yr

arrow icon 48% less
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National Oilwell Varco Finance Manager Salary

11 - 14 years exp. (3 salaries)

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₹47.5 L/yr - ₹52.5 L/yr

arrow icon 77% more
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Weatherford Finance Manager Salary

12 - 23 years exp. (3 salaries)

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₹21 L/yr - ₹44 L/yr

arrow icon 15% more
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₹20 L/yr - ₹22.5 L/yr

arrow icon 24% less

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Finance Manager salary at Indian Oil Corporation ranges between ₹18 Lakhs to ₹38 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 33 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Finance Manager

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Experience wise Indian Oil Corporation Finance Manager salaries

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹18 L/yr - ₹39.1 L/yr
5 years (AmbitionBox Estimate)

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₹20 L/yr - ₹42 L/yr
6 years (AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.7 L/yr
7 years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹30 L/yr
8 years  (4 salaries)

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₹25 L/yr - ₹35 L/yr
View all
Indian Oil Corporation Finance Manager Salary and Career Growth

From

To

Finance Manager

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4 - 12 years exp.

Senior Internal Audit Manager

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unlock blur Lakhs/yr

13 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Indian Oil Corporation

Branch Manager Salary
(4 salaries)
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₹2.4 L/yr - ₹5.2 L/yr
Sales Manager Salary
(9 salaries)
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₹1.2 L/yr - ₹3.5 L/yr
Deputy Manager Salary
(4 salaries)
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₹14 L/yr - ₹28 L/yr
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₹15 L/yr - ₹22.5 L/yr
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₹1.4 L/yr - ₹4.2 L/yr
Branch Head Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Financial Controller Salary
(AmbitionBox Estimate)
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₹19.4 L/yr - ₹24.7 L/yr
Sales Officer Salary
(16 salaries)
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₹10 L/yr - ₹23 L/yr
Team Lead Salary
(4 salaries)
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₹1.25 L/yr - ₹8 L/yr

Salary related reviews for Indian Oil Corporation

4.5

Rated by 11 employees for salary & benefits

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

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 08 Mar 2023

4.0
 for  Salary and Benefits

Likes

Only Salary & Perks

  • Salary - Good
  • +1 more

Dislikes

Everything other than salaries are worst as per my experience. Work culture is terrible with bad office politics, behavior of boss is pathetic treating young joiner worst than the servants putting up a huge pressure all the time , insulting and scolding almost everyday in the office in front of stuff and workers giving threats of taking disciplinary actions even though I could hardly remember any day I got back from office working after 8 hours. Overall everyday they have created an atmosphere of terror in the office. I feel like exploited in the office politics everyday. I had to work 101to 12 hours from Monday to Saturday or in some week got called in Sunday also.HR are very deceptive all the time speaking in a tone that they will stand by you but at the end they will stab you from behind. Very bad experience.

read more
  • Skill development - Bad
  • +3 more
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Indian Oil Corporation Finance Manager Salary FAQs

What is the salary of Finance Manager at Indian Oil Corporation?
Finance Manager salary at Indian Oil Corporation in India ranges between ₹18.0 Lakhs to ₹38.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 65% more than the average Finance Manager Salary in India. Salary estimates are based on 33 latest salaries received from various employees of Indian Oil Corporation India.
How does the salary of a Finance Manager at Indian Oil Corporation India compare with the average salary range for this job?
The average salary of a Finance Manager at Indian Oil Corporation is 65% more than the average salary of a Finance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Oil Corporation to a Finance Manager in India?
  • Shell Finance Manager Salary - ₹26.6 Lakhs to ₹92.6 Lakhs per year
  • National Oilwell Varco Finance Manager Salary - ₹47.5 Lakhs to ₹52.5 Lakhs per year
  • Hindustan Unilever Finance Manager Salary - ₹19.5 Lakhs to ₹45.0 Lakhs per year
  • Bharat Petroleum Finance Manager Salary - ₹18.0 Lakhs to ₹48.0 Lakhs per year
  • Weatherford Finance Manager Salary - ₹21.0 Lakhs to ₹44.0 Lakhs per year
What is the salary of a Finance Manager in companies similar to Indian Oil Corporation in India?
  • Hindustan Petroleum Finance Manager Salary - ₹24.0 Lakhs to ₹40.0 Lakhs per year
  • Wipro Finance Manager Salary - ₹13.8 Lakhs to ₹38.0 Lakhs per year
  • Infosys Finance Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
  • Oil And Natural Gas Corporation Finance Manager Salary - ₹20.0 Lakhs to ₹22.5 Lakhs per year
  • Baker Hughes Finance Manager Salary - ₹9.0 Lakhs to ₹34.0 Lakhs per year
What is the estimated take home salary of a Finance Manager at Indian Oil Corporation in India?
The estimated take-home salary of a Finance Manager at Indian Oil Corporation ranges between ₹1,75,507 per month to ₹1,82,306 per month in India. The take-home salary calculation is based on the average Indian Oil Corporation Finance Manager salary in India which ranges between ₹18.0 Lakhs to ₹38.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Finance Manager at Indian Oil Corporation?
According to AmbitionBox, 91% of the Indian Oil Corporation Finance Managers reported a notice period of 1 Month, 4% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Oil Corporation Finance Manager salary in India ranges between ₹18 Lakhs to ₹38 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.