Oil India Limited Grade 3 Salary 2022: In Hand, Pay Scale, Job Profile

Oil India Limited Grade 3 Salary In Hand, Salary Structure, Perks and Allowances Details

Oil India Limited Grade 3 Salary details are completely compiled in this single blog. Candidates who are want to know the in-depth details of Oil India Limited Grade 3 Salary In Hand, Pay Scale, Salary Structure, Perks and Allowances, Job Profile shall check here the article and get the information.

Govt Jobs Updates

As you all know that Oil India Limited has released the notification of Grade 3 posts. The Grade 3 cadre consists of several posts such as Electrician, Mechanic, Machinist, etc. The recruitment will be done to fill out the eligible candidates for all posts. The norms of the Department of Public Enterprises, Government of India, govern the Oil India Limited Grade 3 Salary Structure. The Oil India Limited Grade 3 pay scale follows the Industrial DA pattern. Workmen’s remunerations are negotiated with the Workmen’s Union and are subject to the overall rules of the Department of Public Enterprises, Government of India.

To give you clarity here in this article we have updated the Oil India Limited Grade 3 Salary & its components. Candidates are advised to kindly check out this article fully and then start preparing for the examination.

Oil India Limited Grade 3 Posts:

Oil India Limited will conduct the recruitment drive to select candidates for various posts. But most candidates are don’t have an idea about what are the posts available under Oil India Limited Grade 3. To give a perfect solution here we have updated the list of Oil India Limited Grade 3 Posts.

  • Electrician
  • Fitter
  • Mechanic Motor
  • Machinist
  • Mechanic Motor Vehicle
  • Machinist
  • Mechanical Diesel
  • Electronics Mechanic
  • Boiler Attendant
  • Turner
  • Draughtsman
  • Instrument Mechanic
  • 12th Pass
  • Surveyor
  • Welder
  • IT&ESM/ICTSM/IT

Oil India Limited Grade 3 Pay Scale 2022:

The candidates who successfully qualified from the selection process will be provisionally allotted to the posts that are given above in the list. The selected candidates will receive an excellent salary package along with allowances. The Oil India Limited Grade 3 Pay Scale ranges from Rs. 26,600 to 1,27,000/-

Oil India Limited Grade 3 Salary In Hand 2022:

Along with the basic pay, the candidates can enjoy the allowances and benefits that are offered by the government. So after the addition of allowances and deductions of pension funds, insurance, etc, the Oil India Limited Grade 3 Salary In Hand ranges approximately Rs. 38,000/-.

Oil India Limited Grade 3 Salary Structure:

As per the Oil India Limited Grade 3 Notification 2022, the Oil India Limited Grade 3 Salary Structure has been revised according to the 7th pay commission. In addition to their basic wage, Oil India Grade 3 employees receive several perks and benefits.

Components Amount in Rupees
Basic Pay  Rs. 26,600/-
Dearness Allowance(DA) (27%) Rs. 7,182/-
Cafetaria Allowance (35%) Rs. 9,310/-
North East Allowance(NEA) (10%) Rs. 2,660/-
House Rent Allowance(HRA) (9%) Rs. 2,394/-
Shift Allowance(SA) (Rs. 80 per day) 80*24 = Rs. 1,920/-
Oil India Limiter Grade 3 Salary (Gross) Rs. 50,066/-
Deductions
Provident Fund(PF) (12% of Basic Pay +DA) Rs. 4,053.84/-
Social Security Scheme Rs. 900/-
Total Deductions Rs. 5,161/-
Oil India Limited Grade 3 Salary (Net) Rs. 44,905/-
Travel Allowance, Mobile Recharge, Canteen, Vehicle Maintenance Rs. 3,500 to 5,500/-
Total Salary (For Clerk/Office Work) Rs. 48,405/- 
Total Salary (For Field Work) Rs. 48, 405 + 10,000 = Rs. 58,405/- 

Oil India Limited Grade 3 Perks and Allowances:

Along with the Oil India Limited Grade 3 Basic Pay, candidates are entitled to several allowances and benefits that are offered to the employees as per the norms. Here we have listed the Oil India Limited Grade 3 Perks and Allowances details.

  • Cafetaria Allowance (35%)
  • North East Allowance(NEA) (10%)
  • House Rent Allowance(HRA) (9%)
  • Shift Allowance(SA) (Rs. 80 per day)

Other Perks:

  • Travel Allowance
  • Mobile Recharge
  • Annual Leave with wages
  • Casual Leave with wages
  • Overtime Wages
  • Canteen
  • Vehicle Maintenance
  • Provident Fund(PF)
  • Medical Benefit
  • Social Security Scheme

Oil India Limited Grade 3 Probation Period:

After the provisional allotment, the candidates will be undergone the probation session. The probation period for the candidates who get selected for the Oil India Grade 3 Job Profile will be 2 years.

Oil India Limited Grade 3 Promotion:

Along with the Oil India Limited Grade 3 Salary Structure, one of the most appealing and expected aspects among candidates is promotion and professional advancement. Because it is the single most important factor affecting their way of life. The Oil India Limited Grade 3 Promotions are based on experience, service, and job dedication. Based on such factors, the candidates will profit from the promotion.

The Oil India Grade 3 post takes three years to reach grade 4 and five, respectively, and four years for future promotions up to grade nine, which is based on vacancies. Though your grade may vary over time, the nature of your work and responsibilities stay the same.