PSUs Salary Structure 2023
Engineering Graduates usually dream of getting a reputed position in the Public Sector undertakings (PSUs). The candidates can be selected for PSU jobs through GATE or on the basis of a written test. PSUs provide several job opportunities in technical and management fields giving several benefits like Dearness Allowance, Pension, Transport Allowance, etc.
The aspirants should know the PSU’s Salary Structure thoroughly before going for it. Candidates must read the full article for all the details related to PSUs Salary Structure and bookmark this website for further Engineering Job Updates.
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List of Maharatna, Navratna & Miniratna
Engineering Graduates can get the reputed position in the Maharatna, Navratna & Miniratna PSUs through GATE or Written Tests. The list of Maharatna, Navratna & Miniratna CPSEs (As of 30th November 2022) is given in the table below for the sake of ease of candidates:
| Category | Name of PSUs |
| Maharatna CPSEs | 1. Bharat Heavy Electricals Limited 2. Bharat Petroleum Corporation Limited 3. Coal India Limited 4. GAIL India Limited 5. Hindustan Petroleum Corporation Limited 6. Indian Oil Corporation Limited 7. NTPC Limited 8. Oil & Natural Gas Corporation Limited 9. Power Finance Corporation 10. Power Grid Corporation of India Limited 11. Rural Electrification Corporation Limited 12. Steel Authority of India Limited |
| Navratna CPSEs | 1. Bharat Electronics Limited 2. Container Corporation of India Limited 3. Engineers India Limited 4. Hindustan Aeronautics Limited 5. Mahanagar Telephone Nigam Limited 6. National Aluminium Company Limited 7. National Buildings Construction Corporation Limited 8. Neyveli Lignite Corporation Limited 9. NMDC Limited 10. Oil India Limited 11. Rashtriya Ispat Nigam Limited 12. Shipping Corporation of India Limited |
| Miniratna I CPSEs | 1. Airports Authority of India 2. Antrix Corporation Limited 3. Balmer Lawrie & Co. Limited 4. Bharat Coking Coal Limited 5. Bharat Dynamics Limited 6. BEML Limited 7. Bharat Sanchar Nigam Limited 8. Braithwaite & Company Limited 9. Bridge & Roof Company (India) Limited 10. Central Warehousing Corporation 11. Central Coalfields Limited 12. Central Mine Planning & Design Institute Limited 13. Chennai Petroleum Corporation Limited 14. Cochin Shipyard Limited 15. Cotton Corporation of India Ltd. 16. EdCIL (India) Limited 17. Garden Reach Shipbuilders & Engineers Limited 18. Goa Shipyard Limited 19. Hindustan Copper Limited 20. Hindustan Steelworks Construction Limited 21. HLL Lifecare Limited 22. Hindustan Paper Corporation Limited 23. Housing & Urban Development Corporation Limited 24. HSCC (India) Limited 25. India Tourism Development Corporation Limited 26. Indian Rare Earths Limited 27. Indian Railway Catering & Tourism Corporation Limited 28. Indian Railway Finance Corporation Limited 29. Indian Renewable Energy Development Agency Limited 30. India Trade Promotion Organization 31. IRCON International Limited 32. KIOCL Limited 33. Mazagaon Dock Shipbuilders Limited 34. Mahanadi Coalfields Limited 35. MOIL Limited 36. Mangalore Refinery & Petrochemical Limited 37. Mineral Exploration Corporation Limited 38. Mishra Dhatu Nigam Limited 39. MMTC Limited 40. MSTC Limited 41. National Fertilizers Limited 42. National Projects Construction Corporation Limited 43. National Small Industries Corporation Limited 44. National Seeds Corporation 45. NHPC Limited 46. Northern Coalfields Limited 47. North Eastern Electric Power Corporation Limited 48. Numaligarh Refinery Limited 49. ONGC Videsh Limited 50. Pawan Hans Helicopters Limited 51. Projects & Development India Limited 52. Railtel Corporation of India Limited 53. Rail Vikas Nigam Limited 54. Rashtriya Chemicals & Fertilizers Limited 55. RITES Limited 56. SJVN Limited 57. Security Printing and Minting Corporation of India Limited 58. South Eastern Coalfields Limited 59. Telecommunications Consultants India Limited 60. THDC India Limited 61. Western Coalfields Limited 62. WAPCOS Limited |
| Miniratna II CPSEs | 1. Artificial Limbs Manufacturing Corporation of India 2. Bharat Pumps & Compressors Limited 3. Broadcast Engineering Consultants India Limited 4. Central Railside Warehouse Company Limited 5. Engineering Projects (India) Limited 6. FCI Aravali Gypsum & Minerals India Limited 7. Ferro Scrap Nigam Limited 8. HMT (International) Limited 9. Indian Medicines & Pharmaceuticals Corporation Limited 10. MECON Limited 11. National Film Development Corporation Limited 12. Rajasthan Electronics & Instruments Limited |
PSUs Salary Structure
PSUs usually offer a handsome salary in the range of 5 lakhs to 14 lakhs at the initial level of selection. The salary structure for PSUs like BHEL, ONGC, HPCL, IOCL, GAIL, CIL, SAIL, etc is given below:
| PSUs | Sector | Type | Salary | CTC |
|---|---|---|---|---|
| Indian Oil Corporation (IOCL) | Petroleum & Natural Gas | Maharatna | Rs.24,900-Rs. 50,500 /- | Rs. 12,00,000 /- |
| National Thermal Power Corporation (NTPC) | Power | Maharatna | Rs.60,000 – Rs.1,80,000 /- | Rs.18,00,000 /- |
| Oil & Natural Gas Corporation (ONGC) Limited | Petroleum & Natural Gas | Maharatna | Rs.60,000-1,80,000 /- | Rs.16,50,000 /- |
| Coal India Limited (CIL) | Mining | Maharatna | Rs.50,000 – Rs.1,60,000 /- | Rs.11,00,000 /- |
| Steel Authority of India (SAIL) | Steel & Iron | Maharatna | Rs.20,600 – Rs.46500 /- | Rs.10,00,000 /- |
| Bharat Heavy Electricals Limited (BHEL) | Defense | Navratna | Rs.60,000 – Rs.1,80,000 /- | Rs.13,00,000 /- |
| Bharat Petroleum Corporation Limited (BPCL) | Petroleum & Natural Gas | Navratna | Rs.60,000 – Rs.1,80,000 /- | Rs.16,00,000 /- |
| Hindustan Petroleum Corporation Limited (HPCL) | Petroleum & Natural Gas | Navratna | Rs.60,000 – Rs.1,80,000 /- | Rs.16,00,000 /- |
| Neyveli Lignite Corporation Limited (NLC) | Mining & Power | Navratna | Rs.20,600 – Rs.46500 /- | Rs.7,85,000 /- |
| Power Grid Corporation of India Limited (PGCIL) | Power | Navratna | Rs.60,000 – Rs.1,80,000 /- | Rs.20,00,000 /- |
| National Aluminium Company Ltd. (NALCO) | Mining | Navratna | Rs.40,500 -Rs1,40,000 /- | Rs.11,00,000 /- |
| Central Electronics Limited (CEL) | Electronics | Navratna | Rs.40,000-Rs.1,40,000 /- | Rs.9,00,000 /- |
| Gas Authority of India Ltd. (GAIL) | Petroleum & Natural Gas | Navratna | Rs.60,000 – Rs.1,80,000 /- | Rs.16,00,000 /- |
| Oil India Limited (OIL) | Petroleum & Natural Gas | Navratna | Rs.24,900 – Rs.50,500 /- | |
| Power Finance Corporation Limited (PFCL) | Finance | Navratna | Rs.24,900 – Rs.50,500 | |
| Visakhapatnam Steel Plant (VIZAG) | Steel | Navratna | Rs.20,600 – Rs.46500 /- | |
| Hindustan Aeronautics Limited (HAL) | Defense | Navratna | Rs.16,400 – Rs.40,500 /- | |
| Bharat Electronics Limited (BEL) | Defense | Navratna | Rs.16,400 – Rs.40,500 /- | |
| National Mineral Development Corporation Limited (NMDC) | Steel and Iron | Navratna | Rs.16,400 – Rs.40,500 /- | |
| Shipping Corporation of India Limited (SCIL) | Shipping | Navratna | Rs.20,600 – Rs.46500 /- | |
| Rural Electrification Corporation Limited (RECL) | Power | Navratna | Rs.20,600 – Rs.46500 /- | |
| Airport Authority Of India Limited (AAI) | Civil Aviation | Mini Ratna | Rs.16,400 – Rs.40,500 /- | Rs.8,00,000 /- |
| National Hydroelectric Power Corporation (NHPC) Limited | Power | Mini Ratna | Rs.20,600 – Rs.46500 /- | |
| National Fertilizes Limited (NFL) | Fertilizer | Mini Ratna | Rs.16,400 – Rs.40,500 /- | |
| Mazagon Dock Limited (MDL) | Defense | Mini Ratna | Rs.40,000-Rs.1,40,000 /- | Rs.10,00,000 /- |
| Mineral Exploration Corporation Ltd (MECL) | Mining | Mini Ratna | Rs.16,400 – Rs.40,500 /- | |
| Rail India Technical and Economic Service Limited (RITES) | Infrastructure | Mini Ratna | Rs.40,000-Rs.1,40,000 /- | ₹ 9,00,000 /- |
| Bharat Earth Movers Limited (BEML) | Defense | Mini Ratna | Rs.24,900-Rs.50,500 /- | |
| Engineers India Limited (EIL) | Petroleum & Natural Gas | Mini Ratna | Rs.60,000-Rs.1,80,000 /- |
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Components of PSUs Salary Structure
The Public Sector undertakings (PSU) Salary Structure consisted of basic components like basic pay, Several Allowances, Insurance, Transport, Reimbursement, etc.
- Basic Salary: It is the amount offered to the candidate working in the organization on the basis of the designation without any particular deduction and perks.
- Perks and Allowances: The perks and allowances offered to the candidate are TA, DA, HRA, Children’s Education Allowance, City Compensation Allowance, etc.
- Reimbursement: PSUs offer reimbursement for several facilities as per the organization norms like medical, newspaper, etc.
- Insurance: PSUs provide health and life insurance to employees.
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