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Indian Oil Corporation Processing Manager salaries in India

Annual salary range
9 - 13 years exp.
₹19.5 Lakhs - ₹30 Lakhs
Salary of majority employees
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107% more than the average Processing Manager Salary in Oil & Gas Companies for 9 - 13 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Processing Manager Salary
9 - 13 years exp. (7 salaries)
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₹19.5 L/yr - ₹30 L/yr

Research & Development
Processing Manager Salary
11 - 12 years exp. (4 salaries)
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₹24 L/yr - ₹30 L/yr

Last Updated: 3 Sep 2023

Companies similar to Indian Oil Corporation for Processing Manager

Company name Avg Annual Salary Open Jobs
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Reliance Industries Processing Manager Salary

3 - 16 years exp. (12 salaries)

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₹5.9 L/yr - ₹24 L/yr

arrow icon 45% less
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eClerx Processing Manager Salary

0 - 18 years exp. (1.7k salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 54% less
2 job openings
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ICICI Bank Processing Manager Salary

1 - 15 years exp. (269 salaries)

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₹3 L/yr - ₹12.6 L/yr

arrow icon 71% less
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American Express Processing Manager Salary

2 - 13 years exp. (234 salaries)

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₹8 L/yr - ₹27 L/yr

arrow icon 29% less
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JPMorgan Chase & Co. Processing Manager Salary

9 - 17 years exp. (126 salaries)

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₹7.7 L/yr - ₹23 L/yr

arrow icon 44% less
Processing Manager salary at Indian Oil Corporation ranges between ₹19.5 Lakhs to ₹30 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 13 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Processing Manager

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Experience wise Indian Oil Corporation Processing Manager salaries

Last Updated: 3 Sep 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹25 L/yr - ₹46.3 L/yr
10 years  (3 salaries)

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₹19.5 L/yr - ₹30 L/yr
11 years  (4 salaries)

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₹19.5 L/yr - ₹30 L/yr
12 years  (4 salaries)

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₹22.5 L/yr - ₹30 L/yr
13 years (AmbitionBox Estimate)

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₹22.5 L/yr - ₹46.4 L/yr

Similar Designation salaries in Indian Oil Corporation

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₹15 L/yr - ₹40 L/yr
Plant Manager Salary
(3 salaries)
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₹12 L/yr - ₹45 L/yr
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₹22 L/yr - ₹30 L/yr
Deputy Manager Salary
(4 salaries)
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₹14 L/yr - ₹28 L/yr
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₹15.2 L/yr - ₹16.8 L/yr
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₹8.6 L/yr - ₹24 L/yr
Production Incharge Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
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₹4.65 L/yr - ₹13.6 L/yr
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₹24 L/yr - ₹50 L/yr
Junior Engineer Salary
(61 salaries)
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₹3 L/yr - ₹12.75 L/yr

Salary related reviews for Indian Oil Corporation

3.0

Rated by 2 employees for salary & benefits

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

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 20 Aug 2024

4.0
 for  Salary and Benefits

Likes

Good salary for freshers Great allowances for furniture, mobile and laptops Superb Medical benefits Job security is best in the industry Diverse working exposure in refineries Townships for employees

read more
  • Salary - Good
  • +1 more

Dislikes

Remote/ Hardship working locations for refineries Poor work life balance for refineries Hard collar job Career growth is subject to satisfaction of bosses Heavy work loads in few large refineries

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 10 Sep 2023

4.0
 for  Salary and Benefits

Likes

...ork culture is not much stressed and employees can have a very comfortable life. The pay offered here is good and decent.

read more
  • Salary - Good
  • +2 more

Dislikes

The pay discrimination. Since its a PSU, one of the biggest disadvantages is that you are not paid according to your Qualification and contribution rather it is much based on how long have you been in the company. The organization has been filled with enough examples where an IITian, CAs, MBA professionals who are much important to organization because of their skills are being paid less than an old age employees who might be just doing basic work like passing of medical invoices, being PAs to senior management, employee reimbursement review etc. They work does not contribute either to the growth or profitability of the organization however there CTC 3-4 times higher than that of Qualified personnel working in the same company. Further, very limited personnel from the top management are actually concerned about the health of the organization but mostly are just there to complete their tenure which makes the organization extremely slow and difficult for young professionals to work with full efficiency.

read more
  • Skill development - Poor
  • +1 more

Full Time

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Finance & Accounting Department

5.0
  •  posted on 25 Jul 2023

5.0
 for  Salary and Benefits

Likes

...osphere may be different. But overall its a very good organisation to work with.job security, salary and benefits.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Transfer policy is an issue. But it can be worked around if you take 2 to 3 transfer in 30 years.

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 09 Sep 2023

4.0
 for  Salary and Benefits

Likes

Job Security and decent salary. Extensive job profiles within the company to suit for everyone's needs. Some profiles are exhausting while some are chill.

read more
  • Salary - Good
  • +1 more

Dislikes

Work life balance is pathetic in sales and marketing division.

  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

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Indian Oil Corporation Processing Manager Salary FAQs

What is the salary of Processing Manager at Indian Oil Corporation ?
The average salary of a Processing Manager at Indian Oil Corporation in India typically ranges from ₹19.5 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Processing Manager at Indian Oil Corporation earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Processing Manager Salaries at Indian Oil Corporation can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Indian Oil Corporation employees in India.
What is the estimated take home salary of a Processing Manager at Indian Oil Corporation in India?
The estimated take-home salary of a Processing Manager at Indian Oil Corporation in India typically ranges from ₹1,62,502 to ₹1,68,713 per month. This is based on the average salary range of ₹19.5 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 9 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Indian Oil Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Processing Manager in companies similar to Indian Oil Corporation in India?
The salary of a Processing Manager at companies similar to Indian Oil Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

American Express ₹8.0 Lakhs to ₹27.0 Lakhs per year
JPMorgan Chase & Co. ₹7.7 Lakhs to ₹23.0 Lakhs per year
Reliance Industries ₹5.9 Lakhs to ₹24.0 Lakhs per year
eClerx ₹6.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank ₹3.0 Lakhs to ₹12.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Processing Manager at Indian Oil Corporation in India?
The salary growth for a Processing Manager at Indian Oil Corporation depends on factors such as experience, performance, and promotions. On average, a Processing Manager can expect the following growth trajectory at Indian Oil Corporation:

Experience Average Salary Range
9 years ₹25.0 Lakhs to ₹46.3 Lakhs per year
10 years ₹19.5 Lakhs to ₹30.0 Lakhs per year
11 years ₹19.5 Lakhs to ₹30.0 Lakhs per year
12 years ₹22.5 Lakhs to ₹30.0 Lakhs per year
and so on.

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Indian Oil Corporation Processing Manager salary in India ranges between ₹19.5 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.