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IOCL GE Salary 2024 – 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
Contents
1. Salary
IOCL GE Salary in Hand & Pay Scale
- Name of Post : Graduate Engineer (GE)
- Salary : Rs. 1,25,948 /-
- CTC : Rs. 19.00 Lakhs (approx)
1.1 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 |
1.2 IOCL Graduate Engineer (GE) Salary Slip
1.3 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/- |
2. 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 :
- Location Allowances
- Mining Allowances
- Performance related pay
- Telephone/Mobile facility
- Medical Facility for self & dependents
- Conveyance Maintenance
- Post-retirement benefit scheme
- Superannuation Benefits
- Composite Social Security Scheme as per Company rules
3. IOCL GE Salary FAQs
An IOCL scientist earns a basic pay of INR 60,000 along with other allowances.
IOCL GE salary in hand after 7th pay commission would be approx Rs. 1,10,000/-.
The various allowances that IOCL Scientist receives are: Dearness Allowance, House Rent Allowance, Travel Allowance, Pension, Medical Facilities, Provident Fund.
The different levels of scientists are scientists B, C, D, E, F, G, H, I, Director and Chairman IOCL.
The new employee must successfully complete the probationary period of 2 years and after that the job is permanent. How much does an IOCL GE earn?
What would be IOCL GE salary after 7th pay commission?
What are the allowances that IOCL Scientist receives?
What are the different levels of scientists in IOCL?
Are jobs provided by IOCL permanent jobs?
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