Indian Oil Corporation Intern Salaries by 8 Employees

0 - 1 year exp.

₹1 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

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29% less than the average Intern Salary in Oil & Gas Companies for 0 - 1 year of experience

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Last Updated: 18 May 2023

Companies similar to Indian Oil Corporation for Intern

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Bharat Petroleum Intern Salary Fresher (4 salaries)	Unlock ₹1 L/yr - ₹2 L/yr 49% less
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Reliance Industries Intern Salary 0 - 3 years exp. (21 salaries)	Unlock ₹2 L/yr - ₹6 L/yr 115% more
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HCLTech Intern Salary 0 - 2 years exp. (40 salaries)	Unlock ₹1 L/yr - ₹6 L/yr 11% more	2 job openings
Tech Mahindra Intern Salary 0 - 2 years exp. (34 salaries)	Unlock ₹1 L/yr - ₹4 L/yr 4% less	14 job openings
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Shell Intern Salary 0 - 1 year exp. (5 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 228% more
Schlumberger Intern Salary Fresher (3 salaries)	Unlock ₹2 L/yr - ₹6 L/yr 84% more

Intern salary at Indian Oil Corporation ranges between ₹1 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 8 latest salaries received from various employees of Indian Oil Corporation.

Experience wise Indian Oil Corporation Intern salaries

Last Updated: 18 May 2023

Experience	Avg Annual Salary
Fresher (7 salaries)	Unlock ₹1 L/yr - ₹4.5 L/yr
Login to view exact salary
1 year (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹4.3 L/yr

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Salary related reviews for Indian Oil Corporation

3.8

Rated by 31 employees for salary & benefits

Intern in Karimnagar

Intern

Pipe Line Department

4.0

• posted on 12 Mar 2022

3.0

for Salary and Benefits

Likes

As it is a government PSU so that's why no kind of job is offered without clearing the GATE exam. The work culture of the company was very good as in case of any other 'MAHARATNA' company. The management was really helpful. The company policies were though not very clear about the interns as it has recently only started to provide with internship opportunities.

Promotions - Good

+3 more

Dislikes

...a career growth in future due to an internship with a Government PSU in your CV. There is no salary provided for this internship in IOCL. There's no such corporate politics. It was a good learning experience though. The work environment is very flexible. There is no such innovation or R&D lab. The work life balance is very good as in case of any other government company.

Manager Inspection in Vadodara

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

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

Work-life balance - Poor

Assistant Manager in New Delhi

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.

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.

Skill development - Poor

+1 more

Assistant Manager in Mumbai

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.

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.

Assistant Manager in Agra

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.

Salary - Good

+1 more

Dislikes

Work life balance is pathetic in sales and marketing division.

Work satisfaction - Poor

+1 more

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Indian Oil Corporation Intern Salary FAQs

What is the salary of Intern at Indian Oil Corporation?

Intern salary at Indian Oil Corporation in India ranges between ₹1.0 Lakhs to ₹2.5 Lakhs for less than 1 year of experience. According to our estimates it is 29% less than the average Intern Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Indian Oil Corporation India.

How does the salary of a Intern at Indian Oil Corporation India compare with the average salary range for this job?

The average salary of a Intern at Indian Oil Corporation is 29% less than the average salary of a Intern in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Oil Corporation to a Intern in India?

Shell Intern Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
Reliance Industries Intern Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Baker Hughes Intern Salary - ₹3.6 Lakhs to ₹6.8 Lakhs per year
Schlumberger Intern Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Wipro Intern Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Intern in companies similar to Indian Oil Corporation in India?

Infosys Intern Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
Larsen & Toubro Limited Intern Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
HCLTech Intern Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
TCS Intern Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year
Tech Mahindra Intern Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Intern at Indian Oil Corporation in India?

The estimated take-home salary of a Intern at Indian Oil Corporation ranges between ₹17,034 per month to ₹18,741 per month in India. The take-home salary calculation is based on the average Indian Oil Corporation Intern salary in India which ranges between ₹1.0 Lakhs to ₹2.5 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Intern at Indian Oil Corporation?

According to AmbitionBox, 83% of the Indian Oil Corporation Interns reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Indian Oil Corporation Intern Salaries

Indian Oil Corporation Intern salary in India ranges between ₹1 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.