Indian Oil Corporation Mechanical Engineer Salaries by 6 Employees

2 - 6 years exp.

₹2.2 Lakhs - ₹4.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% less than the average Mechanical Engineer Salary in Oil & Gas Companies for 2 - 6 years of experience

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Last Updated: 27 Dec 2023

Companies similar to Indian Oil Corporation for Mechanical Engineer in Research & Development department

Company name	Avg Annual Salary	Open Jobs
Schlumberger Mechanical Engineer Salary 2 - 8 years exp. (47 salaries)	₹6.7 L/yr - ₹25.5 L/yr 373% more
Reliance Industries Mechanical Engineer Salary 2 - 9 years exp. (13 salaries)	₹2.6 L/yr - ₹11.6 L/yr 103% more	1 job opening
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Baker Hughes Mechanical Engineer Salary 4 - 9 years exp. (9 salaries)	₹7 L/yr - ₹15 L/yr 252% more	1 job opening
Hindustan Petroleum Mechanical Engineer Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹4.4 L/yr 20% more
Saudi Aramco Mechanical Engineer Salary 3 - 8 years exp. (4 salaries)	₹6.2 L/yr - ₹10.6 L/yr 154% more
Bharat Petroleum Mechanical Engineer Salary 0 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 3% more

Mechanical Engineer salary at Indian Oil Corporation ranges between ₹2.2 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Mechanical Engineer in Research & Development department

5d ago

₹6.9 Lakhs

5 years exp.

3w ago

₹4.5 Lakhs

2 years exp.

1mo ago

₹2.1 Lakhs

3 years exp.

1mo ago

₹4 Lakhs

5 years exp.

2mo ago

₹3 Lakhs

5 years exp.

3mo ago

6 years exp.

4mo ago

4 years exp.

4mo ago

2 years exp.

4mo ago

2 years exp.

4mo ago

2 years exp.

Experience wise Indian Oil Corporation Mechanical Engineer salaries in Research & Development department

Last Updated: 27 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

From

Mechanical Engineer

1 - 7 years exp.

Senior Engineer Mechanical

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.

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₹1.25 L/yr - ₹4.75 L/yr

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(22 salaries)

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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

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

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Indian Oil Corporation Mechanical Engineer Salaries by Location

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Indian Oil Corporation Mechanical Engineer Salaries

Indian Oil Corporation Mechanical Engineer salary in Research & Development department in India ranges between ₹2.2 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

Indian Oil Corporation Mechanical Engineer salaries in Research & Development in India

Companies similar to Indian Oil Corporation for Mechanical Engineer in Research & Development department

Latest annual salaries shared by Indian Oil Corporation Mechanical Engineer in Research & Development department

Experience wise Indian Oil Corporation Mechanical Engineer salaries in Research & Development department

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

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Indian Oil Corporation Mechanical Engineer Salaries by Location