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Indian Oil Corporation Mechanical Engineer salaries in Paradip

Annual salary range
3 - 6 years exp.
₹2.4 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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35% less than the average Mechanical Engineer Salary in Oil & Gas Companies for 3 - 6 years of experience

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Salaries in different departments

Construction & Site Engineering
Mechanical Engineer Salary
3 - 6 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.6 L/yr

Production, Manufacturing & Engineering
Mechanical Engineer Salary
4 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Last Updated: 5 Dec 2023

Companies similar to Indian Oil Corporation for Mechanical Engineer in Paradip

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Indian Oil Corporation Mechanical Engineer Salary

3 - 6 years exp. (7 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹6.1 L/yr

arrow icon 6% less
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₹3 L/yr - ₹6 L/yr

arrow icon 29% more
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₹5 L/yr - ₹7.2 L/yr

arrow icon 91% more
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Bridge & Roof Co Mechanical Engineer Salary

2 - 7 years exp. (4 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 21% more
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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 26% more
Mechanical Engineer salary at Indian Oil Corporation ranges between ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Mechanical Engineer in Paradip

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6 years exp.
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3 years exp.
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Experience wise Indian Oil Corporation Mechanical Engineer salaries in Paradip

Last Updated: 5 Dec 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.2 L/yr
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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₹3 L/yr - ₹9.5 L/yr

Salary related reviews for Indian Oil Corporation

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

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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.

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.

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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

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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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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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Indian Oil Corporation Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Indian Oil Corporation Paradip?
Mechanical Engineer salary at Indian Oil Corporation in Paradip ranges between ₹2.4 Lakhs to ₹5.5 Lakhs for experience between 3 years to 6 years. According to our estimates it is 35% 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 Paradip.
How does the salary of a Mechanical Engineer at Indian Oil Corporation Paradip compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Indian Oil Corporation is 35% less than the average salary of a Mechanical Engineer in Paradip. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Oil Corporation to a Mechanical Engineer in Paradip?
  • L&T Energy Hydrocarbon Mechanical Engineer Salary - ₹5.0 Lakhs to ₹7.2 Lakhs per year
  • Chennai Radha Engineering Works Mechanical Engineer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
  • BEHERA ENGINEERING WORKS Mechanical Engineer Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
  • Bridge & Roof Co Mechanical Engineer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Indian Oil Corporation in Paradip?
  • Paradeep Phosphates Mechanical Engineer Salary - ₹1.5 Lakhs to ₹6.1 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Indian Oil Corporation in Paradip?
The estimated take-home salary of a Mechanical Engineer at Indian Oil Corporation ranges between ₹23,984 per month to ₹25,438 per month in Paradip. The take-home salary calculation is based on the average Indian Oil Corporation Mechanical Engineer salary in India which ranges between ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Mechanical Engineer at Indian Oil Corporation in Paradip?
According to AmbitionBox, 50% of the Indian Oil Corporation Mechanical Engineers in Paradip reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Oil Corporation Mechanical Engineer salary in Paradip ranges between ₹2.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.