Indian Oil Corporation New Delhi Mechanical Engineer Salaries by 7 Employees (Updated 2024)

1 - 7 years exp.

₹2.5 Lakhs - ₹5.4 Lakhs

Salary of majority employees

24% less than the average Mechanical Engineer Salary in Oil & Gas Companies for 1 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Construction & Site Engineering Mechanical Engineer Salary 5 - 7 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr
Login to view exact salary
Production, Manufacturing & Engineering Mechanical Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.1 L/yr

Last Updated: 20 Oct 2024

Companies similar to Indian Oil Corporation for Mechanical Engineer in New Delhi

Indian Oil Corporation Mechanical Engineer Salary

1 - 7 years exp. (7 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Mechanical Engineer Salary 1 - 6 years exp. (14 salaries)	₹1.2 L/yr - ₹5.8 L/yr 3% less
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 9 years exp. (43 salaries)	₹2.4 L/yr - ₹9.5 L/yr 64% more
Login to view exact salary
BHEL Mechanical Engineer Salary 1 - 16 years exp. (8 salaries)	₹5 L/yr - ₹20 L/yr 250% more
Oil And Natural Gas Corporation Mechanical Engineer Salary 4 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹8.9 L/yr 135% more
Thermax Limited Mechanical Engineer Salary 2 - 8 years exp. (7 salaries)	₹3.4 L/yr - ₹7 L/yr 57% more	1 job opening
Mahindra & Mahindra Mechanical Engineer Salary 1 - 7 years exp. (6 salaries)	₹1.7 L/yr - ₹5 L/yr 5% less
GAIL Mechanical Engineer Salary 1 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹4 L/yr 10% less
Tech Mahindra Mechanical Engineer Salary 1 - 4 years exp. (5 salaries)	₹3.3 L/yr - ₹5.7 L/yr 25% more

Mechanical Engineer salary at Indian Oil Corporation ranges between ₹2.5 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Indian Oil Corporation.

Experience wise Indian Oil Corporation Mechanical Engineer salaries in New Delhi

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.7 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Indian Oil Corporation

Project Engineer Salary

(6 salaries)

₹3.05 L/yr - ₹9.75 L/yr

Electrical Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹4.25 L/yr

Site Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹5 L/yr

Assistant Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹6.03 L/yr

Maintenance Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹4.45 L/yr

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

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Indian Oil Corporation?

Ask anonymously on communities.

Indian Oil Corporation Mechanical Engineer Salary FAQs

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

Mechanical Engineer salary at Indian Oil Corporation in New Delhi ranges between ₹2.5 Lakhs to ₹5.4 Lakhs for experience between 1 years to 7 years. According to our estimates it is 24% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Indian Oil Corporation New Delhi.

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

The average salary of a Mechanical Engineer at Indian Oil Corporation is 24% less than the average salary of a Mechanical Engineer in New Delhi. To know exact salary insights, login to view.

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

BHEL Mechanical Engineer Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
Oil And Natural Gas Corporation Mechanical Engineer Salary - ₹3.6 Lakhs to ₹8.9 Lakhs per year
Larsen & Toubro Limited Mechanical Engineer Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
Thermax Limited Mechanical Engineer Salary - ₹3.4 Lakhs to ₹7.0 Lakhs per year
Tech Mahindra Mechanical Engineer Salary - ₹3.3 Lakhs to ₹5.7 Lakhs per year

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

Tata Motors Mechanical Engineer Salary - ₹1.2 Lakhs to ₹5.8 Lakhs per year
Mahindra & Mahindra Mechanical Engineer Salary - ₹1.7 Lakhs to ₹5.0 Lakhs per year
GAIL Mechanical Engineer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Mechanical Engineer at Indian Oil Corporation ranges between ₹25,165 per month to ₹26,601 per month in New Delhi. The take-home salary calculation is based on the average Indian Oil Corporation Mechanical Engineer salary in India which ranges between ₹2.5 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Indian Oil Corporation Mechanical Engineers in New Delhi reported a notice period of 15 days or less, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Indian Oil Corporation Salaries >
Indian Oil Corporation Mechanical Engineer Salaries >
Indian Oil Corporation Mechanical Engineer Salaries in New Delhi

Indian Oil Corporation Mechanical Engineer salary in New Delhi ranges between ₹2.5 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

Indian Oil Corporation Mechanical Engineer salaries in New Delhi

Companies similar to Indian Oil Corporation for Mechanical Engineer in New Delhi

Latest annual salaries shared by Indian Oil Corporation Mechanical Engineer in New Delhi

Experience wise Indian Oil Corporation Mechanical Engineer salaries in New Delhi

Similar Designation salaries in Indian Oil Corporation

Salary related reviews for Indian Oil Corporation

Mechanical Engineer in Vadodara

Maintenance Engineer in Vadodara

Technician in Haryana

Technician

Technician

Indian Oil Corporation Mechanical Engineer Salary FAQs

Tell us how to improve this page.