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Indian Oil Corporation Manager - Institutional Business salaries in Ahmedabad

Annual salary range
9 - 13 years exp.
₹20 Lakhs - ₹22.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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8% less than the average Manager - Institutional Business Salary in Oil & Gas Companies for 9 - 13 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Indian Oil Corporation for Manager - Institutional Business in Ahmedabad

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Indian Oil Corporation Manager - Institutional Business Salary

9 - 13 years exp. (4 salaries)

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₹20 L/yr - ₹22.3 L/yr

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Company name Avg Annual Salary Open Jobs
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₹9.3 L/yr - ₹10.8 L/yr

arrow icon 51% less
Manager - Institutional Business salary at Indian Oil Corporation ranges between ₹20 Lakhs to ₹22.3 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Oil Corporation.

Experience wise Indian Oil Corporation Manager - Institutional Business salaries in Ahmedabad

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹19.5 L/yr - ₹25 L/yr
10 years (AmbitionBox Estimate)

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₹19 L/yr - ₹24.3 L/yr
11 years (AmbitionBox Estimate)

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₹18.4 L/yr - ₹23.5 L/yr
12 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr
13 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr

Salary related reviews for Indian Oil Corporation

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.

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  • Skill development - Bad
  • +3 more
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Indian Oil Corporation Manager - Institutional Business Salary FAQs

What is the salary of Manager - Institutional Business at Indian Oil Corporation in Ahmedabad?
The average salary of a Manager - Institutional Business at Indian Oil Corporation in Ahmedabad typically ranges from ₹20.0 Lakhs to ₹22.3 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Manager - Institutional Business in Ahmedabad at Indian Oil Corporation earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Manager - Institutional Business 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 4 Indian Oil Corporation employees in India.
What is the estimated take home salary of a Manager - Institutional Business at Indian Oil Corporation in Ahmedabad?
The estimated take-home salary of a Manager - Institutional Business at Indian Oil Corporation in Ahmedabad typically ranges from ₹1,36,739 to ₹1,41,785 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹22.3 Lakhs per year for employees with experience ranging from 9 years to 13 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 Indian Oil Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Manager - Institutional Business in companies similar to Indian Oil Corporation in Ahmedabad?
The salary of a Manager - Institutional Business at companies similar to Indian Oil Corporation in Ahmedabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Purnartha Investment Advisors ₹9.3 Lakhs to ₹10.8 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 Manager - Institutional Business at Indian Oil Corporation in Ahmedabad?
The salary growth for a Manager - Institutional Business at Indian Oil Corporation in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Manager - Institutional Business in Ahmedabad can expect the following growth trajectory at Indian Oil Corporation:

Experience Average Salary Range
9 years ₹19.5 Lakhs to ₹25.0 Lakhs per year
10 years ₹19.0 Lakhs to ₹24.3 Lakhs per year
11 years ₹18.4 Lakhs to ₹23.5 Lakhs per year
12 years ₹18.0 Lakhs to ₹23.0 Lakhs per year
and so on.

Tell us how to improve this page.

Indian Oil Corporation Manager - Institutional Business salary in Ahmedabad ranges between ₹20 Lakhs to ₹22.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.