Three students of IIT Kanpur were offered a whooping package of around Rs 93 lakh per annum, as the placement drive at the premier institute entered the third day.

The offer has been made by Samsung Company, Korea, Chairman of IIT Kanpur's placement cell Professor Deepu Philip said.

Another four students of the institute have been offered an annual package of around Rs 74 lakh per year by Oracle.

The IIT kicked off its placement drive on December 1 and 85 companies have already come to campus.

A total of 400 students have till now got offer letters from various Indian and foreign companies, Philip said.

153 B Tech, B Tech Dual and M Tech students had received offer letters on the first day of the placement drive itself with the maximum annual salary being Rs 60 lakh, he said.

Flipkart has selected the maximum of 20 students mostly offering salary in the range of Rs 45 to 60 lakh.

However, citing guidelines, the authorities refused to share names of the students who have bagged the packages.

Around 1,500 students have registered themselves for placement process and the number is expected to rise as the drive will continue till December 24, Philip said.

Several Indian companies and MNCs like Google, Oracle, Mitsubishi, Amazon, City Bank, Microsoft, Samsung, Facebook will visit the campus till the last day, he said.