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Indian Oil Corporation Trainee salaries in New Delhi

Annual salary range
0 - 2 years exp.
₹1.3 Lakh - ₹2.6 Lakhs
Salary of majority employees
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29% less than the average Trainee Salary in Oil & Gas Companies for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Trainee Salary
0 - 2 years exp. (6 salaries)
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₹1.3 L/yr - ₹2 L/yr

Finance & Accounting
Trainee Salary
2 years exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.6 L/yr

Last Updated: 4 Aug 2024

Companies similar to Indian Oil Corporation for Trainee in New Delhi

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Indian Oil Corporation Trainee Salary

0 - 2 years exp. (8 salaries)

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₹1.3 L/yr - ₹2.6 L/yr

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Wipro Trainee Salary

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₹2.4 L/yr - ₹3.8 L/yr

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Tech Mahindra Trainee Salary

0 - 1 year exp. (3 salaries)

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₹1.9 L/yr - ₹2.6 L/yr

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HDFC Bank Trainee Salary

0 - 2 years exp. (22 salaries)

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₹1.2 L/yr - ₹5 L/yr

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Tata Motors Trainee Salary

0 - 3 years exp. (20 salaries)

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₹1.2 L/yr - ₹3 L/yr

arrow icon 6% more
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Karnavat & Co. Trainee Salary

0 - 4 years exp. (16 salaries)

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₹0.9 L/yr - ₹3.5 L/yr

arrow icon 6% less
Trainee salary at Indian Oil Corporation ranges between ₹1.3 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 8 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Trainee in New Delhi

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Experience wise Indian Oil Corporation Trainee salaries in New Delhi

Last Updated: 4 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2.7 L/yr
1 year  (4 salaries)

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₹1.3 L/yr - ₹2 L/yr
2 years  (3 salaries)

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₹1.3 L/yr - ₹2.6 L/yr

Similar Designation salaries in Indian Oil Corporation

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₹3.05 L/yr - ₹9.75 L/yr

Salary related reviews for Indian Oil Corporation

4.7

Rated by 9 employees for salary & benefits

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.

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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

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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

Full Time

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BFSI, Investments & Trading Department

4.0
  •  posted on 20 Oct 2023

4.0
 for  Salary and Benefits

Likes

How satisfied are employees working at Indian Oil? 78% of Indian Oil employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Indian Oil 3.6 out of 5 for work life balance, 3.8 for culture and values and 3.7 for career

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Dislikes

...ow talented and hard-working you are, promotions happen in fixed time intervals. Growth of compensation is limited to 3% annually (with an additional 3% in the year you get promoted).

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Full Time

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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.

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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.

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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

Dislikes

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

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Indian Oil Corporation Trainee Salary FAQs

What is the salary of Trainee at Indian Oil Corporation New Delhi?
Trainee salary at Indian Oil Corporation in New Delhi ranges between ₹1.3 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 29% less than the average Trainee Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Indian Oil Corporation New Delhi.
How does the salary of a Trainee at Indian Oil Corporation New Delhi compare with the average salary range for this job?
The average salary of a Trainee at Indian Oil Corporation is 29% less than the average salary of a Trainee in New Delhi. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Oil Corporation to a Trainee in New Delhi?
  • HDFC Bank Trainee Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
  • Wipro Trainee Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
  • Tech Mahindra Trainee Salary - ₹1.9 Lakhs to ₹2.6 Lakhs per year
  • Tata Motors Trainee Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year
What is the salary of a Trainee in companies similar to Indian Oil Corporation in New Delhi?
  • Karnavat & Co. Trainee Salary - ₹0.9 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Trainee at Indian Oil Corporation in New Delhi?
The estimated take-home salary of a Trainee at Indian Oil Corporation ranges between ₹12,103 per month to ₹13,420 per month in New Delhi. The take-home salary calculation is based on the average Indian Oil Corporation Trainee salary in India which ranges between ₹1.3 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Trainee at Indian Oil Corporation in New Delhi?
According to AmbitionBox, 60% of the Indian Oil Corporation Trainees in New Delhi reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Oil Corporation Trainee salary in New Delhi ranges between ₹1.3 Lakh to ₹2.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.