Indian Oil Corporation Chennai Mechanical Engineer Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

31% less than the average Mechanical Engineer Salary in Oil & Gas Companies for 2 - 4 years of experience

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Last Updated: 22 Apr 2024

Companies similar to Indian Oil Corporation for Mechanical Engineer in Chennai

Indian Oil Corporation Mechanical Engineer Salary

2 - 4 years exp. (4 salaries)

₹3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Mechanical Engineer Salary 2 - 9 years exp. (8 salaries)	₹5 L/yr - ₹10 L/yr 80% more
Tata Motors Mechanical Engineer Salary 1 - 6 years exp. (4 salaries)	₹1 L/yr - ₹3.6 L/yr 5% less
Login to view exact salary
Larsen & Toubro Limited Mechanical Engineer Salary 1 - 10 years exp. (35 salaries)	₹1.3 L/yr - ₹10 L/yr 81% more	2 job openings
Oil And Natural Gas Corporation Mechanical Engineer Salary 3 - 6 years exp. (5 salaries)	₹4 L/yr - ₹12.4 L/yr 120% more
Thermax Limited Mechanical Engineer Salary 2 - 9 years exp. (4 salaries)	₹3 L/yr - ₹10.9 L/yr 75% more	2 job openings
Mahindra & Mahindra Mechanical Engineer Salary 2 - 6 years exp. (14 salaries)	₹1.3 L/yr - ₹8.2 L/yr 6% less
HCLTech Mechanical Engineer Salary 1 - 7 years exp. (39 salaries)	₹2.3 L/yr - ₹10.2 L/yr 81% more
Shell Mechanical Engineer Salary 3 - 12 years exp. (6 salaries)	₹5 L/yr - ₹16 L/yr 260% more
TCS Mechanical Engineer Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹8.1 L/yr 96% more

Mechanical Engineer salary at Indian Oil Corporation ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Oil Corporation.

Experience wise Indian Oil Corporation Mechanical Engineer salaries in Chennai

Last Updated: 22 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.1 L/yr

From

Mechanical Engineer

1 - 7 years exp.

Senior Engineer Mechanical

₹

Lakhs/yr

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.

Salary related reviews for Indian Oil Corporation

Mechanical Engineer in Vadodara

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

Maintenance Engineer in Vadodara

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

Dislikes

There is no perfect time for in or out.

Salary - Poor

+5 more

Technician in Haryana

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.

Skill development - Good

+2 more

Dislikes

increasing salary for labours or technical private staff

Technician

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

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

Work-life balance - Poor

Technician

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.

Promotions - Bad

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Indian Oil Corporation Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Indian Oil Corporation Chennai?

Mechanical Engineer salary at Indian Oil Corporation in Chennai ranges between ₹3.0 Lakhs to ₹4.5 Lakhs for experience between 2 years to 4 years. According to our estimates it is 31% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indian Oil Corporation Chennai.

How does the salary of a Mechanical Engineer at Indian Oil Corporation Chennai compare with the average salary range for this job?

The average salary of a Mechanical Engineer at Indian Oil Corporation is 31% less than the average salary of a Mechanical Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Oil Corporation to a Mechanical Engineer in Chennai?

Shell Mechanical Engineer Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Oil And Natural Gas Corporation Mechanical Engineer Salary - ₹4.0 Lakhs to ₹12.4 Lakhs per year
TCS Mechanical Engineer Salary - ₹4.0 Lakhs to ₹8.1 Lakhs per year
HCLTech Mechanical Engineer Salary - ₹2.3 Lakhs to ₹10.2 Lakhs per year
Larsen & Toubro Limited Mechanical Engineer Salary - ₹1.3 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to Indian Oil Corporation in Chennai?

Reliance Industries Mechanical Engineer Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
Thermax Limited Mechanical Engineer Salary - ₹3.0 Lakhs to ₹10.9 Lakhs per year
Tata Motors Mechanical Engineer Salary - ₹1.0 Lakhs to ₹3.6 Lakhs per year
Mahindra & Mahindra Mechanical Engineer Salary - ₹1.3 Lakhs to ₹8.2 Lakhs per year

What is the estimated take home salary of a Mechanical Engineer at Indian Oil Corporation in Chennai?

The estimated take-home salary of a Mechanical Engineer at Indian Oil Corporation ranges between ₹24,527 per month to ₹25,973 per month in Chennai. The take-home salary calculation is based on the average Indian Oil Corporation Mechanical Engineer salary in India which ranges between ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Indian Oil Corporation in Chennai?

According to AmbitionBox, 67% of the Indian Oil Corporation Mechanical Engineers in Chennai reported a notice period of 15 days or less, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Indian Oil Corporation Mechanical Engineer Salaries in Chennai

Indian Oil Corporation Mechanical Engineer salary in Chennai ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.