IOCL Apprentice Salary 2024: The salary for the Apprentice positions in most of the companies is determined by the Apprenticeship Act 1961 made by the govt of India. Sometimes, the hiring organization uses its funds to hire applicants for the Apprentice posts. In that case, the detailed notification of the company should be studied to check the pay and perks for the Apprentice posts.
Today, we are going to discuss the salary of Apprentice posts in IOCL company. The IOCL Limited company follows the salary rules of the Apprenticeship Act of the govt of India and the people will be provided with the stipend as per the rules. The exact amount of monthly salary for the Apprentice posts at IOCL Limited is yet to be released.
The applicants are suggested to review the details of the Apprentice posts from the official website and the official notification PDF of IOCL for the Apprentice posts.
IOCL Apprentice Remuneration 2024: Overview
| Authority Name | Indian Oil Corporation Limited |
| Vacancy Name |
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| Monthly Salary | Rs 8000 |
| Allowances | No allowances are there for the Apprentice posts |
| Official website link | https://www.iocl.com/ |
IOCL Trade Apprentice In Hand Salary
The Apprentice posts in the IOCL company will be paid as per the salary rules of the Apprenticeship Act 1961/ 1973. This act of Apprenticeship was updated in 1992. As per the govt norms, the applicants will be given a basic stipend during the training time for the Apprentice posts.
Generally, the training time for the Apprentice posts is for one year or two years. The selected persons on the Apprentice posts in IOCL will receive the amount of RS 8000 to Rs 10000 per month and there will be no other allowances for the candidates.
IOCL Apprentice Stipend Details 2024
The monthly stipend for the Apprentice posts in IOCL company depends on the qualification of the person. The people who have completed the ITI will get an approximate stipend of RS 7700 per month. The applicants who have completed the diploma in engg will get a monthly salary of Rs 8800.
The applicants who have completed the graduation degree will be entitled to a stipend of Rs 10000 per month. These are the approximate amounts of money stipend for different qualification persons in IOCL, they can be changed, and you should study the detailed notification PDF of IOCL for exact figures.
IOCL Apprentice Training & Assessment Details 2024
During the training time, the IOCL company will closely observe the performance of the selected people on the Apprentice posts. The people who perform up to the mark during the two years of training will get a chance to apply for the permanent positon at IOCL witha full pay scale in the company along with all of the allowances.
It is required to perform well and adhere to instructions during the training time for Apprentice posts at IOCL. IOCL officials sometimes chooses the applicants from the training batch for the permannt job role.