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Indian Oil Corporation Finance & Accounting Department Salaries in Indore

based on 5 latest salaries
Designation Avg Annual Salary Open Jobs
1 - 2 years exp. · Indore (AmbitionBox Estimate)
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₹1.6 L/yr - ₹1.9 L/yr

0 - 1 year exp. · Indore (AmbitionBox Estimate)
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₹0.6 L/yr - ₹1.4 L/yr

Fresher · Indore (AmbitionBox Estimate)
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₹15.9 L/yr - ₹20.3 L/yr

Last Updated: 19 Mar, 2024

Salary related reviews for Indian Oil Corporation

5.0

Rated by 2 employees for salary & benefits

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.

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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.

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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.

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Dislikes

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

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 10 Aug 2024

1.0
 for  Salary and Benefits

Likes

Job timing, work place was good and also Work was good.

Dislikes

There was my salary Rs.6000 through 5 years in finance department , I was working as finance assistant, worst experience in IOCL. not any increment, not any kind of benifits. Worst

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Finance & Accounting Department

5.0
  •  posted on 14 Mar 2019

4.0
 for  Salary and Benefits

Likes

...form where one can grow his knowledge. As per my view, if anybody wants to join. In IOCL as OFFICER than he will be a great person as their facilities and salary package are so far better than others.

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Dislikes

It's canteen's food is no so good. And company quarter problem is always going on.

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 24 Jun 2022

5.0
 for  Salary and Benefits

Likes

Job satisfaction, Career growth, learning opportunities, good work culture, job security, good salary, excellent perquisites, unparalleled medical benefits continuing post retirement

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Dislikes

Transferable job, efforts sometimes not rewarded

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Indian Oil Corporation Salary FAQs

How much does Indian Oil Corporation pay per year?
The average Indian Oil Corporation salary ranges from approximately ₹0.1 Lakh to ₹2.2 Lakhs per year for a Office Boy and ₹50 Lakhs to ₹1 Crore per year for a Executive Director. Salary estimates are based on 5 Indian Oil Corporation salaries received from various employees of Indian Oil Corporation. Indian Oil Corporation employees rate the overall salary and benefits package 5.0/5 stars.
What is the highest salary in Indian Oil Corporation?
The highest-paying job at Indian Oil Corporation is a Executive Director with a salary of ₹50 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹25 lakhs per year. The top 1% earn more than a whopping ₹60 lakhs per year.
What is the minimum salary in Indian Oil Corporation?
Minimum salary at Indian Oil Corporation depends on the role you are applying for. For Technician Apprentice the minimum salary is ₹1.2 Lakh to ₹2.1 Lakhs per year, and for Apprenticeship Trainee the minimum salary is ₹1 Lakh to ₹3.3 Lakhs per year and so on.
What is the salary package for freshers in Indian Oil Corporation?
The average salary at Indian Oil Corporation for freshers varies from ₹0.5 Lakh to ₹1.4 Lakh per year for Graduate Apprentice and ₹18 Lakhs to ₹19.5 Lakhs per year for Senior Medical Officer.
What is the notice period at Indian Oil Corporation in Finance & Accounting Department in Indore?
According to AmbitionBox, 57% of the Indian Oil Corporation employees in Finance & Accounting Department in Indore reported a notice period of 15 days or less, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Average annual salary in Finance & Accounting department at Indian Oil Corporation , Indore is INRunlock blur . Salary estimates are based on 5 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

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