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

1 - 4 years exp.

₹2.1 Lakhs - ₹4.4 Lakhs

Salary of majority employees

27% less than the average Mechanical Engineer Salary in Oil & Gas Companies for 1 - 4 years of experience

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Salaries in different departments

Construction & Site Engineering Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹3.8 L/yr
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Production, Manufacturing & Engineering Mechanical Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.4 L/yr

Last Updated: 22 Dec 2024

Companies similar to Indian Oil Corporation for Mechanical Engineer in Nashik

Indian Oil Corporation Mechanical Engineer Salary

1 - 4 years exp. (4 salaries)

₹2.1 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Mechanical Engineer Salary 1 - 8 years exp. (9 salaries)	₹2 L/yr - ₹5.5 L/yr 19% more
Viatris Mechanical Engineer Salary 1 - 5 years exp. (7 salaries)	₹2.5 L/yr - ₹4.6 L/yr 42% more
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Bosch Mechanical Engineer Salary 1 - 7 years exp. (7 salaries)	₹2.8 L/yr - ₹5.8 L/yr 50% more
Jindal Poly Films Mechanical Engineer Salary 3 - 6 years exp. (6 salaries)	₹4.1 L/yr - ₹7.2 L/yr 61% more
Dilip Buildcon Mechanical Engineer Salary 3 - 6 years exp. (6 salaries)	₹3.2 L/yr - ₹5.5 L/yr 52% more

Mechanical Engineer salary at Indian Oil Corporation ranges between ₹2.1 Lakhs to ₹4.4 Lakhs per year for employees with experience between 1 year 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 Nashik

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4.3 L/yr

Salary related reviews for Indian Oil Corporation

4.0

Rated by 1 employees for salary & benefits

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

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.

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.

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

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

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

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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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Indian Oil Corporation Mechanical Engineer Salary FAQs

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

Mechanical Engineer salary at Indian Oil Corporation in Nashik ranges between ₹2.1 Lakhs to ₹4.4 Lakhs for experience between 1 years to 4 years. According to our estimates it is 27% 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 Nashik.

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

The average salary of a Mechanical Engineer at Indian Oil Corporation is 27% less than the average salary of a Mechanical Engineer in Nashik. To know exact salary insights, login to view.

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

Jindal Poly Films Mechanical Engineer Salary - ₹4.1 Lakhs to ₹7.2 Lakhs per year
Dilip Buildcon Mechanical Engineer Salary - ₹3.2 Lakhs to ₹5.5 Lakhs per year
Bosch Mechanical Engineer Salary - ₹2.8 Lakhs to ₹5.8 Lakhs per year
Viatris Mechanical Engineer Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
Mahindra & Mahindra Mechanical Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Mechanical Engineer at Indian Oil Corporation ranges between ₹20,409 per month to ₹22,066 per month in Nashik. The take-home salary calculation is based on the average Indian Oil Corporation Mechanical Engineer salary in India which ranges between ₹2.1 Lakhs to ₹4.4 Lakhs per year for employees with experience between 1 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 Nashik?

According to AmbitionBox, 100% of the Indian Oil Corporation Mechanical Engineers in Nashik reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Indian Oil Corporation Mechanical Engineer Salaries in Nashik

Indian Oil Corporation Mechanical Engineer salary in Nashik ranges between ₹2.1 Lakhs to ₹4.4 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.