Average PSU Salary for Mechanical Engineers through GATE Exams in India
The average salary for a mechanical engineer in a Public Sector Undertaking (PSU) in India, as obtained through the Graduate Aptitude Test in Engineering (GATE) exam, can vary depending on the specific PSU and the individual's qualifications. While exact figures may fluctuate year by year and by organization, the typical salary ranges for mechanical engineers in PSUs are outlined below:
Typical Salary Ranges for Mechanical Engineers in PSUs
Entry-Level Salary:
Annual Salary: 800,000 to 1,200,000 INR
Mid-Level Salary:
Annual Salary: 1,200,000 to 2,000,000 INR with experience
It is important to note that PSUs often offer various benefits, allowances, and job security which can significantly enhance the overall compensation package. The exact figures can vary yearly and by organization, so it is advisable to check the most recent data from specific PSUs or reliable job portals for the latest salary trends.
About the GATE Exam
The GATE (Graduate Aptitude Test in Engineering) is a national-level entrance examination for postgraduate admissions and for campus recruitments to technical graduates. To apply for PSU jobs, candidates who qualify the GATE with a good rank must also meet the PSU's specific cut-off for the exam.
Selection for PSU positions primarily depends on the rank obtained in the GATE exam followed by a rigorous interview process. Students who secure the best ranks within the PSU's cut-off will be shortlisted for interviews, and the final selection will depend on their performance in these interviews.
Salary Structure by PSU
The salary ranges vary by PSU and can be significantly influenced by the basic pay and additional perks and facilities provided by the PSU. Here is a summary of the average salary structures for various PSUs:
Bharat Petrochemicals Limited (BPCL)- Management Trainee: Rs. 24,900 – Rs. 50,500 per month
- CTC: 11 Lakhs per annum Hindustan Petroleum Corporation Limited (HPCL)
- Engineer: Rs. 24,900 – 50,500 per month
- Training Period: Rs. 33,000 per month
- CTC: 11 Lakhs per annum National Hydroelectric Power Corporation (NHPC)
- Trainee Engineer: Rs. 20,600 – 46,500 per month
- CTC: 60 Marks Indian Oil Corporation Limited (IOCL)
- Engineer/ Officer: Starting basic Pay: Rs. 24,900 per month
- CTC: 11.25 Lakhs per annum Central Electronics Limited
- Graduate Engineer:
- First Year: Rs. 23,000
- Second Year: Rs. 24,000
- On Exemplary Performance: 16,400 – 40,500
- CTC: 6.50 Lakhs per annum Power Grid Corporation of India Limited (PGCIL)
- Trainee Engineer:
- During Training Period: Rs. 24,900 – 50,500
- CTC: 8.15 Lakhs per annum
- After Training: Rs. 14.44 Lakhs per annum Gas Authority of India Limited (GAIL)
- Trainee Engineer: Rs. 24,900 – 50,500
- CTC: 8.0 Lakhs per annum Bharat Heavy Electricals Limited (BHEL)
- Engineer Trainee:
- During Training Period: Rs. 20,600 – 46,500
- After Training: Rs 24,900 – 50,500
- CTC: 8.0 Lakhs per annum National Lithium Corporation (NLC)
- Trainee Engineer: Rs. 20,600 – 46,500 Mazagon Dock Limited (MDSL)
- Trainee Engineer: Rs. 20,600 – 46,500 Power System Technical Corporation Limited (PSTCL)
- Assistant Engineer/ Manager: Rs. 16,650 – 39,100
- 5,800 Grade Pay Oil and Natural Gas Corporation (ONGC)
- Graduate Trainees: Rs. 24,900 – 50,500
Conclusion
The salaries for mechanical engineers in PSUs can vary based on the specific organization and the individual's experience. With abundant opportunities and competitive salaries, the PSU sector is a popular choice for mechanical engineers who have passed the GATE exam. It is advisable to research thoroughly and consider the additional benefits and job security provided by each PSU before making a decision.