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Indian Oil Corporation Trainee salaries in Mumbai (Updated 2025)

Annual salary range
1 - 3 years exp.
₹1.3 Lakh - ₹4.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Trainee Salary in Oil & Gas Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting
Trainee Salary
1 - 3 years exp. (5 salaries)
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₹2.4 L/yr - ₹4.2 L/yr

IT & Information Security
Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹2.5 L/yr

Quality Assurance
Trainee Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Human Resources
Trainee Salary
2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Production, Manufacturing & Engineering
Trainee Salary
2 years exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹2.3 L/yr

Last Updated: 29 Jan 2025

Companies similar to Indian Oil Corporation for Trainee in Mumbai

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Indian Oil Corporation Trainee Salary

1 - 3 years exp. (14 salaries)

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₹1.3 L/yr - ₹4.2 L/yr

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Company name Avg Annual Salary Open Jobs
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Hindustan Petroleum Trainee Salary

0 - 2 years exp. (12 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 3% more
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Bharat Petroleum Trainee Salary

1 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹3.3 L/yr

arrow icon 9% more
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Datamatics Global Services Trainee Salary

0 - 2 years exp. (72 salaries)

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₹1.1 L/yr - ₹4 L/yr

arrow icon 9% less
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TCS Trainee Salary

0 - 3 years exp. (32 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 12% less
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Ipca Laboratories Trainee Salary

0 - 2 years exp. (32 salaries)

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₹1.1 L/yr - ₹4.2 L/yr

arrow icon 10% more
Trainee salary at Indian Oil Corporation ranges between ₹1.3 Lakh to ₹4.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 14 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Trainee in Mumbai

2mo ago
₹1.4 Lakh
1 year exp.
6mo ago
₹2.4 Lakhs
1 year exp.
8mo ago
₹2 Lakhs
1 year exp.
1y ago
₹2.2 Lakhs
1 year exp.
1y ago
₹2.2 Lakhs
3 years exp.

Experience wise Indian Oil Corporation Trainee salaries in Mumbai

Last Updated: 29 Jan 2025

Experience Avg Annual Salary
1 year  (8 salaries)

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₹1.4 L/yr - ₹4 L/yr
2 years  (4 salaries)

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₹1.3 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in Indian Oil Corporation

Java Developer Salary
(3 salaries)
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₹2.65 L/yr - ₹5.43 L/yr

Salary related reviews for Indian Oil Corporation

Production, Manufacturing & Engineering Department

4.0
  •  posted on 22 Feb 2020

5.0
 for  Salary and Benefits

Likes

.... There is special care is taken for safety and there are rules to get followed.there good pay scale and other important benifit.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a recruitment center level in lower grade.so that is a more tough to get a job for nearby people.

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

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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 Trainee Salary FAQs

What is the salary of Trainee at Indian Oil Corporation in Mumbai?
The average salary of a Trainee at Indian Oil Corporation in Mumbai typically ranges from ₹1.3 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Trainee in Mumbai at Indian Oil Corporation earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Trainee 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 Trainee at Indian Oil Corporation in Mumbai?
The estimated take-home salary of a Trainee at Indian Oil Corporation in Mumbai typically ranges from ₹17,679 to ₹19,377 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 3 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.
Which companies offer higher salaries than Indian Oil Corporation for Trainee in India?
Ipca Laboratories ₹1.1 Lakhs to ₹4.2 Lakhs per year
Bharat Petroleum ₹1.8 Lakhs to ₹3.3 Lakhs per year
Hindustan Petroleum ₹1.0 Lakhs to ₹4.5 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 Trainee in companies similar to Indian Oil Corporation in Mumbai?
The salary of a Trainee at companies similar to Indian Oil Corporation in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Datamatics Global Services ₹1.1 Lakhs to ₹4.0 Lakhs per year
TCS ₹1.5 Lakhs to ₹3.5 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 Trainee at Indian Oil Corporation in Mumbai?
The salary growth for a Trainee at Indian Oil Corporation in Mumbai depends on factors such as experience, performance, and promotions. On average, a Trainee in Mumbai can expect the following growth trajectory at Indian Oil Corporation:

Experience Average Salary Range
1 year ₹1.4 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.3 Lakhs to ₹4.2 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

Indian Oil Corporation Trainee salary in Mumbai ranges between ₹1.3 Lakh to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.