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Updated on 25th June, 2024 , 4 min read
The national average salary for a IIT Engineer is INR 12,14,516 in India. Placements in different Indian Institutes of Technology (IITs) across India are usually conducted from December to May in different phases. The salary package of students in top IITs usually ranges from INR 20-30 lakh per annum whereas, for other IITs, it is between INR 10-20 lakh per annum.
The highest salary package offered in the top IITs is usually above INR 1 crore whereas, in other IITs, the annual CTC lies between Rs 30-70 lakh. Usually, the top packages offered by companies are the international ones. Top domestic and international companies like Microsoft, Samsung, Google, Qualcomm, Goldman Sachs, Flipkart, Intel, HSBBC Holdings, IBM, Walmart, Bajaj Automobiles, Accenture, JP Morgan, Cisco, Deloitte, Caterpillar, Amazon, Adobe, TATA, Morgan Stanley, Accenture, ONGC, etc. visit the IIT campuses to recruit engineering graduates for various job roles.
Also read about- IIT Delhi Cut-offs
IIT placements 2021 for the graduating batch of 2022 began on December 1. The day-wise placement highlights and package details have been updated here:
Name of IIT | Highest Salary Offered | Average Salary Offered | Top Recruiters |
IIT Bhubaneswar | 56 LPA | 16.27 LPA |
|
IIT Bhilai | Rs. 31.9 LPA | Rs. 12 LPA |
|
IIT Bombay | Rs. 1.46 Crores | Rs. 17.91 LPA |
|
IIT Delhi | Rs. 2 CPA | 1.25 CPA |
|
IIT Dhanbad | 90LPA | 10LPA |
|
IIT Dharwad | 40 LPA | 9 LPA |
|
IIT Gandhinagar | 40LPA | 8.96 LPA |
|
IIT Goa | 43LPA | 11.6LPA |
|
IIT Guwahati | Rs. 2 Crores (International) Rs. 1.2 Crores (Domestic) | 21.41LPA |
|
IIT Hyderabad | 65 LPA | 23LPA |
|
IIT Indore | 60LPA | 25LPA |
|
IIT Jammu | 40LPA | 12.2LPA |
|
IIT Kanpur | 2.8 CPA | 82LPA |
|
IIT Kharagpur | 24CPA | 14.27LPA |
|
IIT Madras | 70LPA | 20.58LPA |
|
IIT Mandi | 40LPA | 13.4LPA |
|
IIT Palakkad | 31.5LPA | 11.42LPA |
|
IIT Patna | 61.3LPA | 47.9LPA |
|
IIT Roorkee | Rs. 2.15 Crores (International) Rs. 1.30 Crores (Domestic) | - |
|
IIT Ropar | 17.45LPA | 14.56LPA |
|
IIT Tirupati | 40LPA | 11LPA |
|
IIT Varanasi (BHU) | Rs. 2.05 Crores | - |
|
Also Read: Types of Engineering: Specializations, Top Colleges, Fees, Eligibility, Jobs, Salary and Scope
Average Apple Software Engineer salary in India is INR 33.5 Lakhs per year for employees with less than 1 year of experience to 13 years. Software Engineer salary at Apple ranges between INR 14.0 Lakhs to INR 70.0 Lakhs per year.
IIT Engineer salary per month in Apple is INR 2,03,849 to INR 2,11,930 ( Estimated Tae Home Salary)
Experience Level | Average Annual Salary |
---|---|
0 - 1 years | ₹ 18.0Lakhs |
1 - 2 years | ₹ 28.5Lakhs |
2 - 3 years | ₹ 28.5Lakhs |
3 - 4 years | ₹ 24.5Lakhs |
4 - 5 years | ₹ 35.6Lakhs |
5 - 6 years | ₹ 34.0Lakhs |
6 - 7 years | ₹ 24.0Lakhs |
7 - 8 years (4 responses) | ₹ 26.0Lakhs |
8 - 9 years (2 responses) | ₹ 20.2Lakhs |
9 - 10 years (3 responses) | ₹ 29.9Lakhs |
13 - 14 years (1 response) | ₹ 32.0Lakhs |
Also Read: Electrical Engineering Syllabus and Subjects
Job Role | Lowest Salary | Average Salary | Highest Salary |
Senior Software Engineer | 15 LPA | 35.5 LPA | 75.8 LPA |
Associate Software Engineer | 8 LPA | 32.9 LPA | 64 LPA |
Software Development Engineer | 13.5 LPA | 30.7 LPA | 67 LPA |
System Engineer | 17 LPA | 19.9 LPA | 26 LPA |
Senior Engineer Salary | 10 LPA | 30.4 LPA | 70LPA |
Software Developer | 12 LPA | 34.8 LPA | 65 LPA |
Lead Engineer | 21 LPA | 35.9 LPA | 42.5 LPA |
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Average Microsoft Corporation Software Engineer salary in India is INR 27.5 Lakhs per year for employees with experience between 1 year to 9 years. Software Engineer salary at Microsoft Corporation ranges between INR 13.2 Lakhs to INR 50.0 Lakhs per year.
IIT Engineer salary per month in Microsoft is between INR 1,71,854 – INR I,78,,487 ( Estimated Take Home Salary)
Experience Level | Average Annual Salary |
---|---|
1 - 2 years | INR 25.4Lakhs |
2 - 3 years | INR 23.1Lakhs |
3 - 4 years | INR 24.3Lakhs |
4 - 5 years | INR 24.4Lakhs |
5 - 6 years | INR 25.4Lakhs |
6 - 7 years | INR 24.6Lakhs |
7 - 8 years | INR 25.1Lakhs |
8 - 9 years | INR 24.4Lakhs |
9 - 10 years | INR 27.4Lakhs |
Check out the Salary Breakdown of Different Courses in the section below -
Job Role | Lowest Salary | Average Salary | Highest Salary |
Senior Software Engineer | 20 LPA | 41.8 LPA | 82 LPA |
Associate Software Engineer | 8.5 LPA | 32.7 LPA | 70 LPA |
Software Development Engineer | 14 LPA | 26.8 LPA | 45 LPA |
System Engineer | 4.4 LPA | 17.5 LPA | 42 LPA |
Senior Engineer | 12 LPA | 35.2 LPA | 65 LPA |
Software Developer | 13 LPA | 28.5 LPA | 52 LPA |
Lead Engineer | 30.5 LPA | 40.5 LPA | 60 LPA |
Also Read: DevOps Engineer Salary
The estimated total pay for a IIT Engineer at Google is INR 233,569 per month. The estimated base pay is INR 226,217 per month. The estimated additional pay is INR 7,352 per month. Additional pay could include bonus, stock, commission, profit sharing or tips. Average Google Software Engineer salary in India is INR 40.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Software Engineer salary at Google ranges between INR 12.0 Lakhs to INR 100.0 Lakhs per year.
IIT Engineer salary per month in Google is INR 2,41,954 to INR 2,51,946 ( Estimated Take Home Salary)
Experience Level | Average Annual Salary |
---|---|
0 - 1 years (21 responses) | INR 39.0Lakhs |
1 - 2 years (18 responses) | INR 31.5Lakhs |
2 - 3 years (18 responses) | INR 33.8Lakhs |
3 - 4 years (15 responses) | INR 37.0Lakhs |
4 - 5 years (14 responses) | INR 37.8Lakhs |
5 - 6 years (7 responses) | INR 31.2Lakhs |
6 - 7 years (3 responses) | INR 48.3Lakhs |
7 - 8 years (3 responses) | INR 42.7Lakhs |
8 - 9 years (3 responses) | INR 53.0Lakhs |
9 - 10 years (1 response) | INR 20.0Lakhs |
Job Role | Lowest Salary | Average Salary | Highest Salary |
Senior Software Engineer | 16 LPA | 50.2 LPA | 102 LPA |
Associate Software Engineer | 8 LPA | 38.2 LPA | 100 LPA |
Software Development Engineer | 15 LPA | 39.2 LPA | 95 LPA |
System Engineer | 7 LPA | 30.8 LPA | 80 LPA |
Senior Engineer | 16 LPA | 48 LPA | 100 LPA |
Software Developer | 9 LPA | 35.2 LPA | 98 LPA |
Company Name | IIT Engineer Salary |
Amazon | INR 8.7 LPA – 48.0 LPA |
Uber | INR 20 LPA – INR 2 Cr |
Flipkart | INR 6.3 LPA - INR 32.5 LPA |
Just Dial | INR 4 LPA – INR 12 LPA |
Rakuten | INR 7 LPA – INR 22.3 LPA |
Myntra | INR 7.5 LPA – INR 28.5 LPA |
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By - Chetna Verma 2024-02-20 12:27:23 , 6 min readIIT Bombay is regarded as one of the IITs with the best placement rates. This year, the institute’s biggest package was roughly 1.16 crore.
Yes, all IITs provide their students with 100% placements. Only those students do not participate in the placement campaign who wish to pursue higher education.
The average annual compensation for students at the best IITs is between Rs 10 and 20 lakh, compared to Rs 5 to 10 lakh at other IITs.
During the 2021 placement drive, the average domestic CTC was Rs 20.34 LPA.
Yes, IIT Bombay conducts a Placement Common Aptitude Test (PCAT) which is a standardized test conducted before the screening of candidates.