Indoco Remedies Medical Sales Representative Salaries by 10 Employees (Updated 2025)

0 - 4 years exp.

₹1.8 Lakh - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% less than the average Medical Sales Representative Salary in Pharma Companies for 0 - 4 years of experience

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Salaries in different departments

Marketing & Communication Medical Sales Representative Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹3.2 L/yr
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Sales & Business Development Medical Sales Representative Salary 1 year exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr

Last Updated: 24 Jan 2025

Companies similar to Indoco Remedies for Medical Sales Representative

Company name	Avg Annual Salary	Open Jobs
Sun Pharmaceutical Industries Medical Sales Representative Salary 1 - 9 years exp. (80 salaries)	₹3.6 L/yr - ₹9.4 L/yr 124% more
Alembic Pharmaceuticals Medical Sales Representative Salary 0 - 6 years exp. (70 salaries)	₹2.4 L/yr - ₹5 L/yr 41% more
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Cipla Medical Sales Representative Salary 1 - 10 years exp. (60 salaries)	₹2.8 L/yr - ₹6.4 L/yr 63% more	1 job opening
Mankind Pharma Medical Sales Representative Salary 0 - 8 years exp. (41 salaries)	₹2 L/yr - ₹5.2 L/yr 39% more
Abbott Medical Sales Representative Salary 2 - 11 years exp. (39 salaries)	₹2.5 L/yr - ₹9.6 L/yr 88% more
Alkem Laboratories Medical Sales Representative Salary 1 - 8 years exp. (35 salaries)	₹2.8 L/yr - ₹6 L/yr 54% more
Lupin Medical Sales Representative Salary 0 - 10 years exp. (30 salaries)	₹2.5 L/yr - ₹7 L/yr 55% more
Torrent Pharmaceuticals Medical Sales Representative Salary 1 - 11 years exp. (30 salaries)	₹2.2 L/yr - ₹5 L/yr 47% more
Dr. Reddy's Medical Sales Representative Salary 1 - 9 years exp. (20 salaries)	₹2.4 L/yr - ₹6.3 L/yr 64% more
Zydus Lifesciences Medical Sales Representative Salary 0 - 10 years exp. (19 salaries)	₹2 L/yr - ₹5 L/yr 44% more
Intas Pharmaceuticals Medical Sales Representative Salary 0 - 8 years exp. (19 salaries)	₹2.6 L/yr - ₹6.8 L/yr 52% more
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Cadila Pharmaceuticals Medical Sales Representative Salary 1 - 7 years exp. (16 salaries)	₹1.6 L/yr - ₹5 L/yr 42% more
Glenmark Pharmaceuticals Medical Sales Representative Salary 1 - 9 years exp. (15 salaries)	₹2.9 L/yr - ₹5 L/yr 66% more
FDC Medical Sales Representative Salary 0 - 4 years exp. (14 salaries)	₹1.8 L/yr - ₹4 L/yr 8% more
Ipca Laboratories Medical Sales Representative Salary 1 - 6 years exp. (14 salaries)	₹2.5 L/yr - ₹4.1 L/yr 25% more
Ajanta Pharma Medical Sales Representative Salary 0 - 4 years exp. (10 salaries)	₹1.8 L/yr - ₹5.3 L/yr 17% more
Novartis Medical Sales Representative Salary 13 - 24 years exp. (7 salaries)	₹3.2 L/yr - ₹11 L/yr 161% more
Pfizer Medical Sales Representative Salary 4 - 10 years exp. (7 salaries)	₹4.6 L/yr - ₹7.5 L/yr 117% more
Wockhardt Medical Sales Representative Salary 1 - 12 years exp. (5 salaries)	₹1.9 L/yr - ₹9 L/yr 54% more
MSN Laboratories Medical Sales Representative Salary 0 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹4 L/yr 5% more

View all

Medical Sales Representative salary at Indoco Remedies ranges between ₹1.8 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 10 latest salaries received from various employees of Indoco Remedies.

Experience wise Indoco Remedies Medical Sales Representative salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.8 L/yr - ₹4.5 L/yr
1 year (4 salaries)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Indoco Remedies

Medical Representative Salary

(112 salaries)

₹1.15 L/yr - ₹5.45 L/yr

Medical Executive Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Territory Sales Executive Salary

(3 salaries)

₹3.1 L/yr - ₹5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Area Sales Manager Salary

(61 salaries)

₹3 L/yr - ₹7.5 L/yr

Territory Sales Manager Salary

(4 salaries)

₹2.7 L/yr - ₹4 L/yr

Field Sales Officer Salary

(76 salaries)

₹1.5 L/yr - ₹4.3 L/yr

Regional Business Manager Salary

(8 salaries)

₹7.35 L/yr - ₹10.15 L/yr

Marketing Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Business Executive Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for Indoco Remedies

4.0

Rated by 2 employees for salary & benefits

Area Sales Manager in Mumbai

Spera Department

3.0

• posted on 09 Aug 2021

2.0

for Salary and Benefits

Likes

Good brands,salary comes in time.overall company is good, but still old school management.

Dislikes

...due to lots of formats you need to fill,same thing is asked in different format.salary is not up to the industry standards.

Salary - Poor

+3 more

Senior Officer in Mumbai

Full Time

Research & Development Department

3.0

• posted on 29 Jul 2024

2.0

for Salary and Benefits

Likes

Five day working. Best for Womens. Extra activities taken by HR are great. Having cultural events which only allows to perform head offices employees and HRs fevorite employee.

Dislikes

...s health issue is directly fired without any notice, so no work security at all. Also higher package employees are asked for leaving company and tortured. They recruiting contract base persons even if they hold post degrees, in less sallery.

Salary - Poor

+5 more

IT Officer in Navi Mumbai

Full Time

IT & Information Security Department

1.0

• posted on 25 May 2023

1.0

for Salary and Benefits

Likes

Salary On Time

Dislikes

Worst Managment Worst HR policy Mr,Pravin Bothare he is HR manager , i dont no who hire him .. he is totally bulshit isko to bahar nikal dena chahiyee ek no ka gawthiii person he.. Isko kuch atta to nhi he khali chugli krta he managment koo..!

Salary - Bad

+6 more

Field Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Salary on time and learning

Job security - Good

Dislikes

Late sitting in R n D center Rabale mumbai as boss is coming late and sitting g upto 8 o clock of night and expecting his colleagues to sit till 8 in night though we are coming at 8.30 in morning.

Salary - Bad

+3 more

Divisional Business Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 31 Jan 2025

5.0

for Salary and Benefits

Likes

Salary is pretty good and working here helps to build your skills.

Salary - Excellent

+3 more

Dislikes

The work-culture is very poor. Seniors are prone to bring their people and the role of HR is totally zero. He listens what others tell him. And they always judge the cover not the book.

Job security - Bad

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indoco Remedies Medical Sales Representative Salary FAQs

What is the salary of Medical Sales Representative at Indoco Remedies ?

The average salary of a Medical Sales Representative at Indoco Remedies in India typically ranges from ₹1.8 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Medical Sales Representative at Indoco Remedies earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Medical Sales Representative Salaries at Indoco Remedies can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Indoco Remedies employees in India.

What is the estimated take home salary of a Medical Sales Representative at Indoco Remedies in India?

The estimated take-home salary of a Medical Sales Representative at Indoco Remedies in India typically ranges from ₹19,735 to ₹21,402 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Indoco Remedies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indoco Remedies for Medical Sales Representative in India?

Novartis	₹3.2 Lakhs to ₹11.0 Lakhs per year
Sun Pharmaceutical Industries	₹3.6 Lakhs to ₹9.4 Lakhs per year
Novo Nordisk	₹4.5 Lakhs to ₹8.0 Lakhs per year
Pfizer	₹4.6 Lakhs to ₹7.5 Lakhs per year
Abbott	₹2.5 Lakhs to ₹9.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indoco Remedies, depending on the role and experience level.

What is the salary of a Medical Sales Representative in companies similar to Indoco Remedies in India?

The salary of a Medical Sales Representative at companies similar to Indoco Remedies in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Glenmark Pharmaceuticals	₹2.9 Lakhs to ₹5.0 Lakhs per year
Dr. Reddy's	₹2.4 Lakhs to ₹6.3 Lakhs per year
Cipla	₹2.8 Lakhs to ₹6.4 Lakhs per year
Lupin	₹2.5 Lakhs to ₹7.0 Lakhs per year
Wockhardt	₹1.9 Lakhs to ₹9.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Medical Sales Representative at Indoco Remedies in India?

The salary growth for a Medical Sales Representative at Indoco Remedies depends on factors such as experience, performance, and promotions. On average, a Medical Sales Representative can expect the following growth trajectory at Indoco Remedies:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.5 Lakhs per year
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Indoco Remedies Medical Sales Representative Salaries

Indoco Remedies Medical Sales Representative salary in India ranges between ₹1.8 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Indoco Remedies latest salaries received from various employees of Indoco Remedies.