1729 Views

What is the average package of all PSU'S


Vikrant 31st Jul, 2019
Answers (4)
Nakkina Sai Bhaskar Student Expert 31st Jul, 2019

Hii, 

One can get a job in PSU'S through GATE Score or direct recruitment process by the Company. Through GATE one must get minimum 70 marks to get PSU and it varies according to category. The Average salary package for a fresher is 8 lakhs per annum. 

BHEL - 8 lakhs

BPCL - 10.5 lakhs

HPCL - 10 lakhs

IOCL- 12 lakhs

MDL - 7 lakhs


Nakkina Sai Bhaskar Student Expert 31st Jul, 2019

Hii, 

One can get a job in PSU'S through GATE Score or direct recruitment process by the Company. Through GATE one must get minimum 70 marks to get PSU and it varies according to category. The Average salary package for a fresher is 8 lakhs per annum. 

BHEL - 8 lakhs

BPCL - 10.5 lakhs

HPCL - 10 lakhs

IOCL- 12 lakhs

MDL - 7 lakhs


GATE Previous Year Question Paper's

Download GATE previous year question papers to understand exam pattern and difficulty level. Practice with these papers to boost your preparation and improve your score.

Check Now
eeshaakula_9673611 Student Expert 31st Jul, 2019

hi!

 highest package is offered by Power Grid Corporation of India Limited, which is somewhere more than 13 L.P.A(Electrical or Electronics graduates only). Some other Maharatna Companies like ONGC, HPCL, IOCL, BPCL etc also offers package of around 11-12 Lakhs. The least package you'll get, may be around 7.5-8 L.P.A. So in an average, your package will be around 10 L.P.A. (And don't forget the proposal of 7th Pay Commission. Which may increase the packages.)

But the problem is that these PSU's hire mostly Mechanical, Electrical, Chemical and Civil graduates. Electronics or Instrumentation graduates have comparatively few posts. Computers or IT graduates have very few posts. Hardly around 50 altogether may be.

Himanshu Student Expert 31st Jul, 2019

Highest package-

14.5 LPA (pay revision awaited).

PSU- ONGC, power grid, BPCL

Average package-

7.5 to 12 LPA (pay revision awaited)

7.5 LPA- navratna PSU

12 LPA- IOCL, BHEL, HPCL, Gail etc

The PSUs provide lots of perks and allowance and bonuses which depends on profit of PSU.

Wrapping up, packages of PSU are way higher than the private companies in 90% cases. (10% are the exceptional talent of IIM and IIT).

A 3rd pay revision is awaited in salary of PSU and almost 30–40% rise is expected. Means highest package would shoot upto 18–19 LPA. After, this pay revision, private sector people will suicide in jealousy.

Know More About

Related Questions

Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Chandigarh University Admissi...
Apply
NAAC A+ Accredited | Among top 2% Universities Globally (QS World University Rankings 2026)
UPES M.Tech Admissions 2026
Apply
Last Date to Apply: 25th Feb | Ranked #45 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 800+ Recruiters
Manav Rachna University M.Tec...
Apply
Recognized as Category-1 Deemed to be University by UGC | 41,000 + Alumni Imprints Globally | Students from over 20+ countries
SRM IST, Ghaziabad - M.Tech A...
Apply
A++ grade by NAAC | Total offers 8981+
GNIOT, Greater Noida M.Tech a...
Apply
NAAC A+ Accredited | 100% Placement Assistance | Scholarships to Meritorious Students
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books