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Indian Oil Corporation Salaries in India (Updated 2025)

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Salaries by designations

Based on 7.3k salaries · Updated: 10 Jul 2025
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Designation Avg Annual Salary Open Jobs
0 - 6 years exp. (125 salaries)
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₹2.4 L/yr - ₹5 L/yr

0 - 7 years exp. (124 salaries)
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₹1.2 L/yr - ₹3.7 L/yr

0 - 10 years exp. (108 salaries)
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₹1.2 L/yr - ₹3.6 L/yr

0 - 8 years exp. (88 salaries)
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₹1.9 L/yr - ₹6 L/yr

1 - 7 years exp. (83 salaries)
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₹2 L/yr - ₹5.9 L/yr

0 - 5 years exp. (64 salaries)
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₹1.1 L/yr - ₹3.2 L/yr

1 - 3 years exp. (63 salaries)
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₹1.3 L/yr - ₹3.7 L/yr

1 - 12 years exp. (61 salaries)
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₹2.5 L/yr - ₹12.3 L/yr

1 - 10 years exp. (58 salaries)
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₹1.5 L/yr - ₹4.1 L/yr

0 - 5 years exp. (56 salaries)
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₹13.1 L/yr - ₹21 L/yr

0 - 9 years exp. (44 salaries)
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₹1.5 L/yr - ₹4.6 L/yr

1 - 5 years exp. (41 salaries)
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₹1.2 L/yr - ₹3.7 L/yr

0 - 5 years exp. (41 salaries)
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₹1.6 L/yr - ₹4.2 L/yr

4 - 13 years exp. (39 salaries)
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₹25 L/yr - ₹42 L/yr

0 - 13 years exp. (38 salaries)
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₹5.3 L/yr - ₹12.4 L/yr

1 - 12 years exp. (36 salaries)
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₹1.8 L/yr - ₹4.3 L/yr

0 - 6 years exp. (36 salaries)
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₹1.4 L/yr - ₹4.4 L/yr

0 - 3 years exp. (35 salaries)
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₹2 L/yr - ₹4 L/yr

8 - 15 years exp. (35 salaries)
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₹22.5 L/yr - ₹35 L/yr

0 - 9 years exp. (34 salaries)
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₹2 L/yr - ₹5.8 L/yr

Latest salaries by Indian Oil Corporation employees

1d ago

Procurement Manager

8 years exp.

₹25 Lakhs
2d ago

Divisional Head Sales

22 years exp.

₹65 Lakhs
2d ago

Apprentice Trainee

3 years exp.

₹2.5 Lakhs
2d ago

Human Resource Apprentice

1 year exp.

₹2 Lakhs
2d ago

Technician Apprenticeship Trainee

1 year exp.

₹1.5 Lakh
2d ago

Senior Sales Executive

9 years exp.

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2d ago

Executive Engineer

8 years exp.

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2d ago

Manager

3 years exp.

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2d ago

Apprenticeship Trainee

1 year exp.

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2d ago

Pipeline Operator

15 years exp.

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View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for Indian Oil Corporation

4.0

Rated by 3.2k employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  updated 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
  •  updated 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

Intern

 · 

Construction & Site Engineering Department

5.0
  •  updated on 02 Jun 2025

5.0
 for  Salary and Benefits

Likes

Many employees at Indian Oil Corporation Limited (IOCL) appreciate the company's attractive pay scales, perks, and benefits, including robust medical facilities and a supportive work environment.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Some employees express dissatisfaction with Indian Oil Corporation Limited (IOCL) due to slow career growth, a bureaucratic and outdated culture, and limited autonomy.

read more

Full Time

 · 

Finance & Accounting Department

5.0
  •  updated 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
  •  updated 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

Indian Oil Corporation Salary FAQs

How much does Indian Oil Corporation pay to its employees?
The average annual salary at Indian Oil Corporation varies depending on the role, experience, and location. The salary ranges for some popular designations at Indian Oil Corporation, are as follows:

Project Assistant ₹2.4 Lakhs to ₹5 Lakhs per year
Computer Operator ₹1.2 Lakhs to ₹3.7 Lakhs per year
Accountant ₹1.2 Lakhs to ₹3.6 Lakhs per year
Safety Officer ₹1.9 Lakhs to ₹6 Lakhs per year

The highest-paying role, General Manager Finance, earns between ₹60 Lakhs to ₹94 Lakhs per year. The top 10% of employees earn more than ₹25 Lakhs per year, and the top 1% earn over ₹55 Lakhs per year. 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 salary estimates are based on data from 7.3k salaries submitted by Indian Oil Corporation employees. Indian Oil Corporation is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Indian Oil Corporation in India?
The salary of a fresher at Indian Oil Corporation in India typically ranges from ₹1.1 Lakh to ₹17.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Accounts Officer Salary ₹14.3 Lakhs to ₹17.5 Lakhs per year
Fresher as a Computer Operator Salary ₹1.5 Lakhs to ₹3.3 Lakhs per year
Fresher as a Project Assistant Salary ₹3.1 Lakhs to ₹4 Lakhs per year
Fresher as a Accountant Salary ₹1.2 Lakhs to ₹3 Lakhs per year

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Average annual salary in Indian Oil Corporation is INRunlock blur . Salary estimates are based on 7300+ Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

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