Average Package of IITs – Approx. 75% Placement Rate, Rs 20 – 25 Lakhs Avg. Package of Top IITs

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Average Package of IITs
Average Package of IITs

IIT Placements are held annually across various Indian Institutes of Technology, typically between December and May in multiple phases. Students from top IITs often secure impressive salary packages, ranging from ₹ 20 LPA to over ₹ 1 crore per annum. In contrast, the Average Package of IITs- especially newer or less competitive campuses- typically falls within the  ₹ 20- 50 LPA range, with the highest CTCs often coming from international recruiters.

Renowned domestic and global companies such as Microsoft, Google, Amazon, Qualcomm, Goldman Sachs, Samsung, Intel, JP Morgan, Deloitte, Tata, and many others actively participate in IIT campus placements, hiring graduates for a wide array of roles across tech, finance, consulting and more.

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IIT Placements Process: Step-by-Step Procedure

All IITs follow a structured placement process to ensure smooth coordination between students and recruiting companies. While the average package of IITs varies depending on the campus and specialization, it typically ranges between ₹ 12 LPA to ₹ 25 LPA, with top IITs seeing much higher averages and international offers exceeding ₹ 1 crore per annum.

  1. Step 1: Each IIT has a dedicated Training & Placement (T & P) Cell, which along with student representatives, reaches out to potential recruiters by sending the Placement Brochure, Job Announcement Form (JAF) and other necessary details.
  2. Step 2: Companies interested in hiring IIT students can also proactively contact the respective T & P Cell via email to express interest in participating in campus placements.
  3. Step 3: Once the T & P cell receives the filled JAF and relevant information, interview dates and scheduled based on the details provided by the company.
  4. A mutually convenient date is fixed for the Pre- Placement Talk (PPT), during which company representatives interact with students and share job role insights, work cultures and expectations.
  5.  Companies visit the IIT campuses to conduct their scheduled Pre-Placement Talks.
  6. Some companies also use this opportunity to shortlist pre-final year students for summer internships, which often serve as a pipeline for future full-time roles.
  7. Interested students register online for specific companies, making their resumes accessible to recruiters for shortlisting.
  8. Recruiters review the application and also send the list of shortlisted candidates to T&P Cell prior to campus visit
  9. On scheduled interview day, companies conduct Group Discussions, Aptitude Tests, Technical Interviews and Personal Interviews.
  10. After completing the selection process, companies share the final list of selected candidates either on same day or shortly thereafter.

IIT Placements: Average Package of IITs

IITs are renowned not just for academic excellence but also for their stellar placement records. Every year, leading multinational corporations and Indian firms offer impressive salary packages to IIT graduates across disciplines.

The Average Package of IITs varies significantly from institute, branch, and company, typically ranging between ₹12 LPA and ₹25 LPA.  Check the table below:

Name of IITAverage Domestic Package(LPA)Highest Domestic Package(LPA)
IIT Gandhi Nagar8.9640
IIT Bhubaneshwar11.4439
IIT Madras10 – 2020 – 40
IIT Guwahati14.9530
IIT Indore9.1350
IIT Kanpur10 – 2093
IIT Jodhpur14.3336
IIT Kharagpur1560 – 70
IIT Hyderabad16.7453.79
IIT Mumbai (Bombay)20.3462.28
IIT Patna13.0538
IIT Delhi20 – 2540 – 60
IIT Ropar14.5617.3
IIT Mandi13.540
IIT Roorkee10 – 2047
IIT BHU (Varanasi)8.191.04 crore
IIT JammuN/AN/A
IIT Palakkad8.4416.75
IIT Tirupati9.222
IIT GoaN/AN/A
IIT BhilaiN/AN/A
IIT DharwadN/AN/A
IIT (ISM) Dhanbad1443

Average Package of Top 5 IITs

IITs are premier engineering institutes known for excellent placements. Let us look at the average package of IITs over the past years for the top 5 institutes based on recent trends and NIRF Rankings:

Average Package of IIT Bombay

IIT Bombay consistently ranks among the top engineering institutes in India. Average package to its graduates has remained one of the highest across IITs, among strong participation from global tech and finance firms.

YearIIT Average Package
2024INR 21.82 LPA
2023INR 21.82 LPA
2022INR 21.5 LPA
2021INR 17.9 LPA
2020INR 17.0 LPA

Average Package of IIT Delhi

IIT Delhi stands out for its excellent academic rigor and industry connections. With increasing international offers and high value domestic packages, the institute has seen a steady rise in average salaries offered across disciplines.

YearIIT Average Package
2024INR 23 LPA (approx.)
2023INR 21.9 LPA
2022INR 20.5 LPA
2021INR 16.8 LPA
2020INR 15.8 LPA

Average Package of IIT Madras

Known for its innovation ecosystem and research output, IIT Madras attracts top recruiters from across the globe. It graduates consistently receive lucrative offers, particularly in core engineering, analytics and more.

YearIIT Average Package
2024INR 20.0 LPA (approx.)
2023INR 19.6 LPA
2022INR 18.1 LPA
2021INR 14.0 LPA
2020INR 13.5 LPA

Average Package of IIT Kanpur

IIT Kanpur is a legacy IIT with a rich history of academic excellence and placement success. The average salary packages here reflect a balance of strong technical recruitment and growing demand.

YearIIT Average Package
2024INR 21 LPA (approx.)
2023INR 20.34 LPA
2022INR 18.9 LPA
2021INR 15.2 LPA
2020INR 14.9 LPA

Average Package of IIT Kharagpur

As one of the oldest IITs, IIT Kharagpur continues to maintain a strong placement track record. With a wide range of companies across tech, consulting, and R& D,  the average package offered has seen a notable increase in recent years.

YearIIT Average Package
2024INR 20.83 LPA
2023INR 20.1 LPA
2022INR 18.0 LPA
2021INR 15.5 LPA
2020INR 14.5 LPA

IIT Placement: Highest International Package

Name of the IITHighest International Package (Per Annum – in ₹ Crore)
IIT Bombay1.68
IIT Kharagpur1.00
IIT Kanpur1.50
IIT Roorkee1.54
IIT Madras1.33
IIT Varanasi (IIT BHU)1.52

Top Recruiters In IIT

InstituteTop Recruiting Companies
IIT MadrasGoogle, IBM, Microsoft, Tata, Apple, Goldman Sachs
IIT DelhiGoogle, Microsoft, Amazon, Adobe, Nvidia, Samsung
IIT RoorkeeTata, Google, Microsoft, Medlife, Uber
IIT BombayBoeing, Honeywell, Tata, Google, Sony, Jaguar, Morgan Stanley
IIT KharagpurFacebook, Google, McKinsey, Goldman Sachs
IIT KanpurMicrosoft, Google, Apple, ISRO, Uber, ONGC
IIT GuwahatiGoldman Sachs, Google, Apple, Uber
IIT HyderabadAmazon, Microsoft, Flipkart, Accenture, Qualcomm, Walmart
IIT DhanbadQualcomm, Flipkart, ISRO, Uber, ONGC
IIT BHUTexas Instruments, Goldman Sachs, Microsoft, Schlumberger
IIT BhubaneswarTata, Accenture, Microsoft, Qualcomm
IIT GandhinagarHoneywell, Boeing, Sony, Morgan Stanley, Google
IIT PatnaFlipkart, Tata, Walmart, Accenture

IIT Placement Statistics & Rates

IIT/CategoryPlacement Rate
IIT Bombay74.53% (1,475/1,979)
IIT Kharagpur (Overall)79.7% (BTech)
IIT Kharagpur (MSc)62.99% (143/227)
IIT Kharagpur (BArch)54.05% (20/37)
IIT Hyderabad74.56% (BTech)

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Frequently Asked Questions

What is the average package in IIT?

The average salary package at IITs generally falls between ₹12 LPA and ₹25 LPA. However, these figures can vary greatly based on the IIT campus, the student’s academic discipline, and the specific placement year.

What is the lowest IIT package?

The lowest IIT package typically ranges between ₹5 to ₹8 LPA, depending on the institute and branch. Newer IITs and non-core branches like civil or metallurgy may offer lower packages. However, these still often exceed average salaries in other engineering colleges across India, ensuring decent career starts for most students.

Who got the 4.3 crore package?

An IIT Madras student secured the highest package of the current placement season with a pre-placement offer (PPO) worth ₹4.3 crore from Jane Street, a renowned Wall Street trading firm. After interning with the company, the student will join as a quantitative trader at its Hong Kong office.

Does IIT give 100% placement?

No, IITs do not guarantee 100% placement. While top branches like Computer Science often see nearly full placement, overall placement rates vary across IITs and departments. Factors such as branch, academic performance, and market conditions influence placement outcomes. Most IITs maintain high placement rates but not complete coverage for all students.