Indian Oil Corporation Senior Instrument Engineer Salaries by 7 Employees

3 - 15 years exp.

₹10.7 Lakhs - ₹30 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

68% more than the average Senior Instrument Engineer Salary in Oil & Gas Companies for 3 - 15 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Senior Instrument Engineer Salary 6 - 12 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr
Project & Program Management Senior Instrument Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr
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Research & Development Senior Instrument Engineer Salary 10 - 15 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr
Construction & Site Engineering Senior Instrument Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 30 Nov 2023

Companies similar to Indian Oil Corporation for Senior Instrument Engineer

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Senior Instrument Engineer Salary 8 - 17 years exp. (64 salaries)	₹7.3 L/yr - ₹25 L/yr 11% less
Saudi Aramco Senior Instrument Engineer Salary 15 - 27 years exp. (4 salaries)	₹40 L/yr - ₹55 L/yr 175% more
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Shell Senior Instrument Engineer Salary 8 - 11 years exp. (4 salaries)	₹16 L/yr - ₹20 L/yr 6% more
Kent plc Senior Instrument Engineer Salary 18 - 25 years exp. (3 salaries)	₹21 L/yr - ₹36 L/yr 67% more
Oil And Natural Gas Corporation Senior Instrument Engineer Salary 7 - 27 years exp. (3 salaries)	₹4 L/yr - ₹8.4 L/yr 64% less

Senior Instrument Engineer salary at Indian Oil Corporation ranges between ₹10.7 Lakhs to ₹30 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Indian Oil Corporation.

Experience wise Indian Oil Corporation Senior Instrument Engineer salaries

Last Updated: 30 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15 L/yr
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5 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.6 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹24.7 L/yr
7 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
8 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
9 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
10 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹30 L/yr
11 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹35.8 L/yr
13 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr
14 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr
15+ years (AmbitionBox Estimate)	₹9.2 L/yr - ₹30 L/yr

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Similar Designation salaries in Indian Oil Corporation

Senior Electrical Engineer Salary

(4 salaries)

₹5.5 L/yr - ₹12 L/yr

Senior Engineer Salary

(6 salaries)

₹4.65 L/yr - ₹13.6 L/yr

Assistant Engineer Salary

(12 salaries)

₹1.25 L/yr - ₹8.05 L/yr

Service Engineer Salary

(7 salaries)

₹1.7 L/yr - ₹5.2 L/yr

Site Engineer Salary

(22 salaries)

₹2.15 L/yr - ₹5.6 L/yr

Junior Engineer Salary

(58 salaries)

₹3 L/yr - ₹12.4 L/yr

Maintenance Engineer Salary

(23 salaries)

₹1.25 L/yr - ₹4.75 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Production Engineer Salary

(28 salaries)

₹8.6 L/yr - ₹24 L/yr

Project Engineer Salary

(14 salaries)

₹3 L/yr - ₹12.25 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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indian Oil Corporation Senior Instrument Engineer Salary FAQs

What is the salary of Senior Instrument Engineer at Indian Oil Corporation ?

The average salary of a Senior Instrument Engineer at Indian Oil Corporation in India typically ranges from ₹10.7 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Senior Instrument Engineer at Indian Oil Corporation earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Senior Instrument Engineer 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 7 Indian Oil Corporation employees in India.

What is the estimated take home salary of a Senior Instrument Engineer at Indian Oil Corporation in India?

The estimated take-home salary of a Senior Instrument Engineer at Indian Oil Corporation in India typically ranges from ₹1,14,096 to ₹1,17,273 per month. This is based on the average salary range of ₹10.7 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 3 years to 15 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 7 salaries received from various employees of Indian Oil Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indian Oil Corporation for Senior Instrument Engineer in India?

Saudi Aramco	₹40.0 Lakhs to ₹55.0 Lakhs per year
Kent plc	₹21.0 Lakhs to ₹36.0 Lakhs per year
Shell	₹16.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Oil Corporation, depending on the role and experience level.

What is the salary of a Senior Instrument Engineer in companies similar to Indian Oil Corporation in India?

The salary of a Senior Instrument Engineer at companies similar to Indian Oil Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Industries	₹7.3 Lakhs to ₹25.0 Lakhs per year
Oil And Natural Gas Corporation	₹4.0 Lakhs to ₹8.4 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 Senior Instrument Engineer at Indian Oil Corporation in India?

The salary growth for a Senior Instrument Engineer at Indian Oil Corporation depends on factors such as experience, performance, and promotions. On average, a Senior Instrument Engineer can expect the following growth trajectory at Indian Oil Corporation:

Experience	Average Salary Range
3 years	₹4.3 Lakhs to ₹15.0 Lakhs per year
4 years	₹4.7 Lakhs to ₹15.0 Lakhs per year
5 years	₹11.5 Lakhs to ₹14.6 Lakhs per year
6 years	₹5.5 Lakhs to ₹24.7 Lakhs per year

and so on.

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Indian Oil Corporation Senior Instrument Engineer Salaries

Indian Oil Corporation Senior Instrument Engineer salary in India ranges between ₹10.7 Lakhs to ₹30 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.