IOCL Salary for Fresher Engineers, IOCL Engineers Job Profile

IOCL Salary for Fresher Engineers, IOCL Engineers Job Profile

IOCL Salary for Fresher Engineers: Indian Oil Corporation Limited is one in every of the most important industrial enterprises in Republic of India. With a powerful manpower of 30,000, IOC is fulfilling the energy demands of India. Within the year 2016, Indian Oil Corporation was listed in prestigious “Global 500” at 161st position.

Indian Oil Corporation recently circulated the notice for the achievement of Officers through GATE. This text is principally regarding the pay structure for the post of Engineers at Indian Oil Corporation with the short job description.

IOCL Engineers Job Profile:

This enlisting is for the post of Engineers/Officers i.e. Grade A officers
The candidate should appear for GATE examination as a result of the enlisting are going to be done strictly through the results of GATE.
Students with four years Engineer Degree within the streams of Chemical Engineering, civil engineering, computing Technology, electrical engineering, physics & Communications Engineering, Instrumentation Engineering, mechanical engineering, metallurgic Engineering and compound Science & Engineering from recognized Institutes/University are eligible to use for this post.

IOCL Salary for Fresher Engineers:

On prosperous appointment, engineers are placed in IDA pay scale of E3 (60,000 to 1,80,000) grade. the essential obtain the post of Engineers falling beneath Grade A is INR 60,000. The expensiveness Allowance (D.A.) is 7.3% of the essential Pay. The House Rent Allowance (H.R.A.) for the Officers rely upon the category of town of posting. HRA varies from 8 May 1945 to pure gold of the essential pay of an worker. The eating place Approach given to the Engineers/Officers is thirty fifth of Basic Pay. The full price to Company is over Rupees fifteen Lakhs. Here is that the wage breakup for IOCL Officers.

IOCL Engineers/Officers Salary
ComponentAmount in Rs
GradeE3
Post TypeClass-I/ Group-A
Pay Scale60,000 – 1,80,000
Basic Pay60,000
Other Benefits54,480
Minimum Monthly Gross Salary in Rs1,14,480

Other Facilities given to the IOCL Officer:

  • Rs. 5800/- for four wheelers
  • Rs. 2600 for two-wheelers
  • Rs. 1,20,000/- for furniture
  • Rs. 15,000/- for Mobile Phone
  • Rs. 50,000/- for Laptop
  • Performance related Payscale
  • Medical facilities for every family members
  • Gratuity
  • Performance-related Pay
  • Employee’s pension scheme
  • Leave Travel Consession
  • Group Personal accident insurance scheme
  • Leave encashment
  • Contributory provident scheme
  • Maintenance Reimbursement

IOCL Job Posting Places:

The Selected applicants can be joined any where in the corporate office, registered office, Refineries division, Pipelines division, Marketing division, IBP division, or any other related groups IOC companies as per the company requirements. The details are just given below:

Corporate Office of IOCL:

New  Delhi

Registered Office of IOCL:

Indian Oil Bhavan, Mumbai

Pipelines Division of IOCL:

Head Office at Noida

Northern Region at Panipat

Western Region at Rajkot

Southern Region at Chennai

Eastern Region at Kolkata

Marketing Division of IOCL:

Head Office at Mumbai

Northern Region at New Delhi

Western Region at Mumbai

Southern Region at Chennai

Eastern Region at Kolkata

Refineries Division of IOCL:

New Delhi, Delhi

Vodadara, Gujarat

Guwahati, Assam

Begusarai, Bihar

Midnapur, West Bengal

Mathura, U.P

Panipat, Haryana

Dhaligaon, Assam

Paradip, Odisha

IOCL Group of Companies:

Indian Oil Limited, Mauritius

Chennai Petroleum Corporation Limited, Chennai

Lanka IOC PLC, Sri Lanka

Indian Oil-CREDA Biofuels Limited, Raipur.

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