What is the starting package in IOCL after the GATE?

The in-hand salary of IOCL officers is in the range of INR 60,000 to INR 55,000, per month, without any perks. Adding perks the amount will be higher.

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Indian Oil Corporation Limited is the biggest Public Sector undertaking belonging to the GOI (Government of India). The gross salary of Indian Oil Corporation Limited employees is INR 60,000 per month to INR 1,80,000 per month. However, the salary of Indian Oil Corporation Limited varies depending on the post. There are several allowances such as Dearness Allowance, House Rent Allowance, Travelling Allowance, medical allowance, etc. Indian Oil Corporation Limited Salary Structure: Basic Pay: INR 60,000 per month. Pay Scale: INR 60,000 to INR 1,80,000 Dearness Allowance: INR 5,280 Employer Contribution: INR 15,668 Performance Related Pay: INR 24,000 Perks: INR 21,000 Total Gross Salary: INR 1,25,948 per month Indian Oil Corporation Limited Pay Scale 2022: There are 3 classes of employees in IOCL: Board Level Employees Consisting of the Chairman and Directors, Below Board Level workers, and workmen. The pay scales of directors are INR 1, 80,000 to INR 3, 40,000, and the pay scale of Chairman is INR 2, 00,000 to INR 3, 70,000 respectively. House Rent Allowance of Indian Oil Corporation Limited employees: HRA for City X: 30% of basic pay HRA for City Y: 20% of basic pay HRA for City Z: 10% of basic pay.

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The starting package in IOCL after clearing the GATE exam is Rs.60,000/- per month.

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