IOCL GE Salary 2023: Know All The Details Here!

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“What is iocl ge inhand salary?
What is iocl ge salary after 3rd prc commission?

You all must have this question in your mind. Below article will solve this puzzle of yours. Just take a look.”

IOCL
GRADUATE ENGINEER – SALARY
[2022-2023]

IOCL Company Details

 IOCL GE Salary 2023  – Aspirants who wants to join IOCL as GE have to go through a selection process. A candidate who clear all the levels of selection process will be eligible for the selection in IOCL as GE. In order to keep you aspirants motivated for IOCL GE examination, We are writing this article focusing on IOCL GE Salary, Allowances, Job Profile, Roles and Responsibilities, Pay Scale, Career Prospects, Growth, Opportunities and more.

Name of organization : Indian Oil Corporation Limited (IOCL)

Type : Public Sector Undertaking

Website : http://www.iocl.com

Salary Details

IOCL GE Salary in hand & Pay scale :

Name of Post : Graduate Engineer (GE)

Salary : Rs. 1,25,948 /-

CTC : Rs. 19.00 Lakhs (approx)

IOCL Graduate Engineer (GE) Salary

Salary Component Amount (₹)
Pay Scale 60,000 – 1,80,000
Basic Pay 60,000
DA (Dearness Allowances) 5,280
EPF (Employer Contribution) 15,668
Perks 21,000
PRP 24,000
Total Gross Salary 1,25,948

IOCL Graduate Engineer (GE) Salary Slip

iocl ge salary slip

IOCL Engineer Promotion & Pay Scale

Designation Level Pay Scale (₹)
Assistant Officer / Engineer A0 50,000 – 1,60,000/-
Officer / Engineer A 60,000 – 1,80,000/-
Sr. Officer / Sr. Engr. / Asst. Manager B 70,000 – 2,00,000/-
Deputy Manager C 80,000 – 2,20,000/-
Manager D 90,000 – 2,40,000/-
Senior Manager E 1,00,000 – 2,60,000/-
Chief Manager F 1,20,000 – 2,80,000/-
Dy. General Manager G 1,20,000 – 2,80,000/-
General Manager H 1,20,000 – 2,80,000/-
Executive Director I 1,50,000 – 3,00,000/-
Director Director 1,80,000 – 3,40,000/-
Chairman Chairman 2,00,000 – 3,70,000/-

IOCL GE Allowance Details

IOCL GE Facilities & Allowances :

IOCL GE will not only get handsome salary but also get good amount of facilities & allowances. Which will also provided to newly recruited executives of the company as given below :

1. Location Allowances
2. Mining Allowances
3. Performance related pay
4. Telephone/Mobile facility
5. Medical Facility for self & dependents
6. Conveyance Maintenance
7. Post-retirement benefit scheme
8. Superannuation Benefits
9. Composite Social Security Scheme as per Company rules

IOCL GE Salary FAQs

How much does an IOCL GE earn?

An IOCL scientist earns a basic pay of INR 60,000 along with other allowances.

What would be IOCL GE salary after 7th pay commission?

IOCL GE salary in hand after 7th pay commission would be approx Rs. 1,10,000/-.

What are the allowances that IOCL Scientist receives?

The various allowances that IOCL Scientist receives are: Dearness Allowance, House Rent Allowance, Travel Allowance, Pension, Medical Facilities, Provident Fund.

What are the different levels of scientists in IOCL?

The different levels of scientists are scientists B, C, D, E, F, G, H, I, Director and Chairman IOCL.

Are jobs provided by IOCL permanent jobs?

The new employee must successfully complete the probationary period of 2 years and after that the job is permanent.

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