The company has also rolled out a new campaign #SuperCaptainGanguly.
More than 75 percent of the beneficiaries will get a 100 percent raise.
Led by cricketer Sourav Ganguly, the brand campaign is a tribute to the Indian cricket fan.
The 14th edition of the IPL was suspended mid-way due to Covid-19.
Sixteen teams from across the world will be playing in the tournament.