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Indian Oil Corporation Production Engineer salaries in India

Annual salary range
1 - 14 years exp.
₹7 Lakhs - ₹24 Lakhs
Salary of majority employees
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285% more than the average Production Engineer Salary in Oil & Gas Companies for 1 - 14 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Production Engineer Salary
1 - 14 years exp. (18 salaries)
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₹8 L/yr - ₹24 L/yr

Research & Development
Production Engineer Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹14 L/yr

Last Updated: 16 Aug 2024

Companies similar to Indian Oil Corporation for Production Engineer

Company name Avg Annual Salary Open Jobs
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Bharat Petroleum Production Engineer Salary

0 - 6 years exp. (12 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 75% less
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₹9.7 L/yr - ₹18 L/yr

arrow icon 31% less
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Reliance Industries Production Engineer Salary

1 - 8 years exp. (115 salaries)

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₹1.9 L/yr - ₹10 L/yr

arrow icon 63% less
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GAIL Production Engineer Salary

0 - 2 years exp. (4 salaries)

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₹1.3 L/yr - ₹2.7 L/yr

arrow icon 85% less
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₹9.3 L/yr - ₹30 L/yr

arrow icon 48% more
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TCS Production Engineer Salary

1 - 5 years exp. (140 salaries)

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₹2 L/yr - ₹10.4 L/yr

arrow icon 60% less
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₹1.5 L/yr - ₹9.9 L/yr

arrow icon 58% less
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Adani Group Production Engineer Salary

0 - 6 years exp. (6 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 76% less
2 job openings
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Essar Group Production Engineer Salary

2 - 5 years exp. (4 salaries)

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₹2.4 L/yr - ₹4.3 L/yr

arrow icon 80% less
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Vedanta Limited Production Engineer Salary

0 - 10 years exp. (5 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 18% less
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Production Engineer salary at Indian Oil Corporation ranges between ₹7 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 25 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Production Engineer

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7 years exp.
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Experience wise Indian Oil Corporation Production Engineer salaries

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹8 L/yr - ₹18 L/yr
2 years  (4 salaries)

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₹14 L/yr - ₹16.8 L/yr
3 years (AmbitionBox Estimate)

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₹12 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)

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₹10 L/yr - ₹21 L/yr
5 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.7 L/yr
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Indian Oil Corporation Production Engineer Salary and Career Growth

From

To

Production Engineer

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1 - 14 years exp.

Assistant Manager

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4 - 9 years exp.

Production Engineer 1 - 14 years exp.
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Senior Production Engineer 0 - 3 years exp.
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arrow icon 8% hike
    Assistant Manager 4 - 9 years exp.
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    arrow icon 44% hike

    From

    1 more level

    To

    Production Engineer

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    1 - 14 years exp.

    Deputy Product Manager

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    12 - 31 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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    ₹15.2 L/yr - ₹16.8 L/yr
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    ₹3 L/yr - ₹12.25 L/yr
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    ₹15 L/yr - ₹40 L/yr
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    ₹5.87 L/yr - ₹18.5 L/yr
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    ₹12 L/yr - ₹17 L/yr
    Junior Engineer Salary
    (60 salaries)
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    ₹3 L/yr - ₹12.3 L/yr
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    ₹12 L/yr - ₹21 L/yr
    Production Incharge Salary
    (AmbitionBox Estimate)
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    ₹1.4 L/yr - ₹1.7 L/yr
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    ₹4.1 L/yr - ₹13.02 L/yr
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    ₹2.3 L/yr - ₹5 L/yr
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    Salary related reviews for Indian Oil Corporation

    4.6

    Rated by 14 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

     · 

    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 Production Engineer Salary FAQs

    What is the salary of Production Engineer at Indian Oil Corporation?
    Production Engineer salary at Indian Oil Corporation in India ranges between ₹7.0 Lakhs to ₹24.0 Lakhs for experience between 1 years to 14 years. According to our estimates it is 285% more than the average Production Engineer Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Indian Oil Corporation India.
    How does the salary of a Production Engineer at Indian Oil Corporation India compare with the average salary range for this job?
    The average salary of a Production Engineer at Indian Oil Corporation is 285% more than the average salary of a Production Engineer in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Indian Oil Corporation to a Production Engineer in India?
    • ADNOC Production Engineer Salary - ₹47.9 Lakhs to ₹97.0 Lakhs per year
    • ExxonMobil Production Engineer Salary - ₹13.2 Lakhs to ₹57.0 Lakhs per year
    • Schlumberger Production Engineer Salary - ₹17.0 Lakhs to ₹28.0 Lakhs per year
    • Oil And Natural Gas Corporation Production Engineer Salary - ₹9.3 Lakhs to ₹30.0 Lakhs per year
    What is the salary of a Production Engineer in companies similar to Indian Oil Corporation in India?
    • Saudi Aramco Production Engineer Salary - ₹7.7 Lakhs to ₹18.0 Lakhs per year
    • Sterling Oil Exploration & Energy Production Production Engineer Salary - ₹4.0 Lakhs to ₹29.0 Lakhs per year
    • Vedanta Limited Production Engineer Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
    • Hindustan Petroleum Production Engineer Salary - ₹9.7 Lakhs to ₹18.0 Lakhs per year
    • Weatherford Production Engineer Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
    What is the estimated take home salary of a Production Engineer at Indian Oil Corporation in India?
    The estimated take-home salary of a Production Engineer at Indian Oil Corporation ranges between ₹1,01,913 per month to ₹1,04,696 per month in India. The take-home salary calculation is based on the average Indian Oil Corporation Production Engineer salary in India which ranges between ₹7.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?
    What is the notice period for Production Engineer at Indian Oil Corporation?
    According to AmbitionBox, 38% of the Indian Oil Corporation Production Engineers reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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    Indian Oil Corporation Production Engineer salary in India ranges between ₹7 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.