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Indian Oil Corporation Mechanical Engineer salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹1.3 Lakh - ₹6.9 Lakhs
Salary of majority employees
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25% less than the average Mechanical Engineer Salary in Oil & Gas Companies for 1 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Mechanical Engineer Salary
1 - 7 years exp. (29 salaries)
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₹1.5 L/yr - ₹6.9 L/yr

Construction & Site Engineering
Mechanical Engineer Salary
1 - 7 years exp. (19 salaries)
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₹2.1 L/yr - ₹6 L/yr

Research & Development
Mechanical Engineer Salary
2 - 6 years exp. (6 salaries)
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₹2.2 L/yr - ₹4.4 L/yr

Project & Program Management
Mechanical Engineer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.5 L/yr

Quality Assurance
Mechanical Engineer Salary
1 - 7 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹4.8 L/yr

Last Updated: 20 Mar 2025

Companies similar to Indian Oil Corporation for Mechanical Engineer

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

1 - 10 years exp. (509 salaries)

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₹1.7 L/yr - ₹9.9 L/yr

arrow icon 73% more
1 job opening
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Schlumberger Mechanical Engineer Salary

0 - 8 years exp. (92 salaries)

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₹6 L/yr - ₹23 L/yr

arrow icon 323% more
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₹2 L/yr - ₹7.2 L/yr

arrow icon 32% more
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Bharat Petroleum Mechanical Engineer Salary

0 - 6 years exp. (46 salaries)

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₹1.8 L/yr - ₹5.6 L/yr

arrow icon 10% less
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₹2.3 L/yr - ₹8.8 L/yr

arrow icon 108% more
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NBTC GROUP Mechanical Engineer Salary

3 - 10 years exp. (22 salaries)

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₹6.6 L/yr - ₹16 L/yr

arrow icon 169% more
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Baker Hughes Mechanical Engineer Salary

4 - 9 years exp. (15 salaries)

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₹7 L/yr - ₹15 L/yr

arrow icon 231% more
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Saudi Aramco Mechanical Engineer Salary

1 - 15 years exp. (14 salaries)

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₹4.9 L/yr - ₹19.2 L/yr

arrow icon 220% more
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Shell Mechanical Engineer Salary

3 - 13 years exp. (14 salaries)

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₹4.9 L/yr - ₹16.9 L/yr

arrow icon 229% more
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₹5 L/yr - ₹18 L/yr

arrow icon 236% more
View all
Mechanical Engineer salary at Indian Oil Corporation ranges between ₹1.3 Lakh to ₹6.9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 85 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Mechanical Engineer

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Experience wise Indian Oil Corporation Mechanical Engineer salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
1 year  (12 salaries)

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₹1.3 L/yr - ₹4.9 L/yr
2 years  (14 salaries)

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₹1.9 L/yr - ₹4.9 L/yr
3 years  (17 salaries)

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₹2 L/yr - ₹4.3 L/yr
4 years  (14 salaries)

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₹2.2 L/yr - ₹6.5 L/yr
5 years  (13 salaries)

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₹2.4 L/yr - ₹6.9 L/yr
View all
Indian Oil Corporation Mechanical Engineer Salary and Career Growth

From

To

Mechanical Engineer

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1 - 7 years exp.

Senior Engineer Mechanical

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7 - 10 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

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₹1.26 L/yr - ₹4.5 L/yr
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₹4.65 L/yr - ₹13.6 L/yr
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₹1.7 L/yr - ₹4.2 L/yr
Shift Engineer Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
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₹12 L/yr - ₹17 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 - ₹4.75 L/yr
Site Engineer Salary
(22 salaries)
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₹2.15 L/yr - ₹5.6 L/yr
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₹3 L/yr - ₹12.25 L/yr
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₹1.25 L/yr - ₹8.05 L/yr

Salary related reviews for Indian Oil Corporation

4.1

Rated by 30 employees for salary & benefits

Other Department

5.0
  •  posted on 19 Jun 2021

5.0
 for  Salary and Benefits

Likes

Being a part of IOCL its been pleasure and been proud of it... it's really jubilant moment to be a team part of it

  • Salary - Excellent
  • +6 more

Dislikes

On other side salary is a big issue...like its not affordable....not even basic mandatory cost it can be completed

read more

Production, Manufacturing & Engineering Department

3.0
  •  posted on 13 Jun 2020

2.0
 for  Salary and Benefits

Likes

...nvironment but sometimes work is for important than life this type of situation in this company and also salary is not equal to the work thats my point and there is no security or social distance towards covid 19

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Dislikes

There is no perfect time for in or out.

  • Salary - Poor
  • +5 more

Other Department

4.0
  •  posted on 18 Jun 2020

3.0
 for  Salary and Benefits

Likes

supporting for rashan, supporting for time to salary, not forcing for doing work compulsary..if I have no knowledge that work all staff help us.

read more
  • Skill development - Good
  • +2 more

Dislikes

increasing salary for labours or technical private staff

Other Department

2.0
  •  posted on 31 Oct 2019

3.0
 for  Salary and Benefits

Likes

In IOCL all staff behavior is well. By a engg learn many kind of technical issue such as fault. For permanent employee secure his future...am also want to persuing job in IOCL for permanent employee

read more
  • Job security - Good
  • +2 more

Dislikes

Dislike in IOCL is doing by contractor job his employee not happy because not pay by contractor time to time payment...all technician, engg., labour's work through contractor is want to help plz they say about his sic for punish his contractor ..... Plz

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  • Work-life balance - Poor

Construction & Site Engineering Department

5.0
  •  posted on 17 Dec 2019

5.0
 for  Salary and Benefits

Likes

I hanve a great experience for IOCL

  • Salary - Excellent
  • +5 more

Dislikes

Compensation is decent,but no growth for Apprentice.No work pressure but to learn about machines operation and maintenance.We work only 8 hours in which 1 our was for lunch.We reported to our safety officer.

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  • Promotions - Bad
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Indian Oil Corporation Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Indian Oil Corporation ?
The average salary of a Mechanical Engineer at Indian Oil Corporation in India typically ranges from ₹1.3 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Mechanical Engineer at Indian Oil Corporation earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Mechanical 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 80+ Indian Oil Corporation employees in India.
What is the estimated take home salary of a Mechanical Engineer at Indian Oil Corporation in India?
The estimated take-home salary of a Mechanical Engineer at Indian Oil Corporation in India typically ranges from ₹25,541 to ₹26,972 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 1 year to 7 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 80+ 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 Mechanical Engineer in India?
China Petroleum Engineering & Construction Corporation ₹20.0 Lakhs to ₹54.0 Lakhs per year
Chevron ₹22.0 Lakhs to ₹30.0 Lakhs per year
Br.CAT International ₹9.6 Lakhs to ₹20.0 Lakhs per year
Schlumberger ₹6.0 Lakhs to ₹23.0 Lakhs per year
National Oilwell Varco ₹5.0 Lakhs to ₹23.8 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 Mechanical Engineer in companies similar to Indian Oil Corporation in India?
The salary of a Mechanical 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:

Sterling Oil Exploration & Energy Production ₹5.0 Lakhs to ₹18.0 Lakhs per year
Baker Hughes ₹7.0 Lakhs to ₹15.0 Lakhs per year
Shell ₹4.9 Lakhs to ₹16.9 Lakhs per year
Abdullah A. Al-Barrak & Sons ₹5.5 Lakhs to ₹16.0 Lakhs per year
ADNOC ₹4.4 Lakhs to ₹18.0 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 Mechanical Engineer at Indian Oil Corporation in India?
The salary growth for a Mechanical Engineer at Indian Oil Corporation depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Indian Oil Corporation:

Experience Average Salary Range
1 year ₹1.3 Lakhs to ₹4.9 Lakhs per year
2 years ₹1.9 Lakhs to ₹4.9 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.3 Lakhs per year
4 years ₹2.2 Lakhs to ₹6.5 Lakhs per year
and so on.

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Indian Oil Corporation Mechanical Engineer salary in India ranges between ₹1.3 Lakh to ₹6.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 85 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.