Ipca Laboratories Mumbai Medical Representative Salaries by 8 Employees

1 - 6 years exp.

₹2.4 Lakhs - ₹3.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Medical Representative Salary in Pharma Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Medical Representative Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹4.2 L/yr
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Sales & Business Development Medical Representative Salary 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Last Updated: 21 Nov 2024

Companies similar to Ipca Laboratories for Medical Representative in Mumbai

Ipca Laboratories Medical Representative Salary

1 - 6 years exp. (8 salaries)

₹2.4 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Alkem Laboratories Medical Representative Salary 1 - 9 years exp. (51 salaries)	₹2.2 L/yr - ₹6 L/yr 39% more
Sun Pharmaceutical Industries Medical Representative Salary 0 - 8 years exp. (45 salaries)	₹3.1 L/yr - ₹9.2 L/yr 88% more
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Cipla Medical Representative Salary 0 - 9 years exp. (42 salaries)	₹2.1 L/yr - ₹5.7 L/yr 53% more
Dr. Reddy's Medical Representative Salary 1 - 10 years exp. (41 salaries)	₹3.2 L/yr - ₹7 L/yr 62% more
Lupin Medical Representative Salary 0 - 7 years exp. (36 salaries)	₹2.5 L/yr - ₹5.6 L/yr 32% more
Mankind Pharma Medical Representative Salary 0 - 8 years exp. (33 salaries)	₹2.5 L/yr - ₹7.7 L/yr 45% more
Glenmark Pharmaceuticals Medical Representative Salary 1 - 7 years exp. (31 salaries)	₹2.7 L/yr - ₹5 L/yr 37% more
Abbott Medical Representative Salary 1 - 10 years exp. (30 salaries)	₹3 L/yr - ₹6 L/yr 69% more
Alembic Pharmaceuticals Medical Representative Salary 0 - 6 years exp. (29 salaries)	₹2.4 L/yr - ₹6.1 L/yr 24% more	3 job openings
FDC Medical Representative Salary 0 - 8 years exp. (28 salaries)	₹1.4 L/yr - ₹4 L/yr 4% more
GlaxoSmithKline Pharmaceuticals Medical Representative Salary 1 - 12 years exp. (24 salaries)	₹3.3 L/yr - ₹8 L/yr 80% more
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Torrent Pharmaceuticals Medical Representative Salary 0 - 9 years exp. (18 salaries)	₹2.5 L/yr - ₹5.2 L/yr 31% more
Indoco Remedies Medical Representative Salary 0 - 6 years exp. (16 salaries)	₹1.2 L/yr - ₹5.5 L/yr 2% less
J B Chemicals And Pharmaceuticals Medical Representative Salary 0 - 8 years exp. (12 salaries)	₹2 L/yr - ₹6 L/yr 31% more
Ajanta Pharma Medical Representative Salary 0 - 6 years exp. (8 salaries)	₹2.5 L/yr - ₹4.7 L/yr 16% more
Zydus Lifesciences Medical Representative Salary 1 - 12 years exp. (7 salaries)	₹2.8 L/yr - ₹5.9 L/yr 47% more
Pfizer Medical Representative Salary 1 - 7 years exp. (7 salaries)	₹2 L/yr - ₹7.1 L/yr 27% more
Intas Pharmaceuticals Medical Representative Salary 0 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹6.5 L/yr 39% more
MSN Laboratories Medical Representative Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹3.5 L/yr 7% more

Medical Representative salary at Ipca Laboratories ranges between ₹2.4 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Ipca Laboratories.

Experience wise Ipca Laboratories Medical Representative salaries in Mumbai

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

View all

From

Medical Representative

₹

Lakhs/yr

0 - 8 years exp.

Zonal Business Manager

₹

Lakhs/yr

17 - 23 years exp.

Medical Representative

0 - 8 years exp.

Area Business Manager

7 - 15 years exp.

104% hike

Regional Business Manager

12 - 21 years exp.

54% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Ipca Laboratories

Regional Business Manager Salary

(10 salaries)

₹7.5 L/yr - ₹11.58 L/yr

Area Sales Manager Salary

(8 salaries)

₹5.25 L/yr - ₹7.5 L/yr

Marketing Executive Salary

(4 salaries)

₹3 L/yr - ₹4.2 L/yr

Salary related reviews for Ipca Laboratories

3.4

Rated by 20 employees for salary & benefits

Medical Representative in Hyderabad / Secunderabad

Full Time

Research & Development Department

3.0

• posted on 25 May 2023

3.0

for Salary and Benefits

Likes

I like organization in culture is very good Very good company s products are very good

Job security - Good

+1 more

Dislikes

Needs to improve in hr level and admon is very slow Other wise ok Needs to improve in salary packages which offering see the market Needs

Therapy Manager in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 16 Sep 2023

1.0

for Salary and Benefits

Likes

only one thing is there salary comes at the end of the month.

Dislikes

Not satisfactory, my settlement isn't done even after submitting all the documents and company inputs along with due payments , so much political environment is in this company, no good at all and is not a peaceful house.

Salary - Bad

+6 more

Business Officer in Mumbai

Finance & Accounting Department

5.0

• posted on 12 Oct 2020

5.0

for Salary and Benefits

Likes

I like the culture and the working support from seniors but in covid i found lackness in my salary and incentives and there is one drawback the documentation work takes very longi.e confirmation of employees

Salary - Excellent

+4 more

Dislikes

The documentation work and confirmation of employees

Therapy Manager in Kolkata

Sales & Business Development Department

5.0

• posted on 09 Jun 2020

5.0

for Salary and Benefits

Likes

Company is very much supporting to employee. Given salary on time even in the time of lockdown. From last 3 years I'm associated with Ipca . I'm proud to be a part of Ipca labs Ltd.

Salary - Excellent

+6 more

Dislikes

Nothing to say about.

Therapy Manager in Varanasi

Marketing & Communication Department

1.0

• posted on 10 Aug 2018

1.0

for Salary and Benefits

Likes

...d but managers are worst.training is good.job security nothing.0% career growth.salary is very less.appraisal nothing.ipca is full of politics specially my manager sadeep rai from lucknow.work invironment is very bad.no innovation.in totality i suggest to everyone dont join ipca

Dislikes

Everything...

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Ipca Laboratories Medical Representative Salary FAQs

What is the salary of Medical Representative at Ipca Laboratories in Mumbai?

The average salary of a Medical Representative at Ipca Laboratories in Mumbai typically ranges from ₹2.4 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Medical Representative in Mumbai at Ipca Laboratories earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Medical Representative Salaries at Ipca Laboratories 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 8 Ipca Laboratories employees in India.

What is the estimated take home salary of a Medical Representative at Ipca Laboratories in Mumbai?

The estimated take-home salary of a Medical Representative at Ipca Laboratories in Mumbai typically ranges from ₹22,772 to ₹24,243 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year to 6 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 8 salaries received from various employees of Ipca Laboratories. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ipca Laboratories for Medical Representative in India?

Sun Pharmaceutical Industries	₹3.1 Lakhs to ₹9.2 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹3.3 Lakhs to ₹8.0 Lakhs per year
Abbott	₹3.0 Lakhs to ₹6.0 Lakhs per year
Dr. Reddy's	₹3.2 Lakhs to ₹7.0 Lakhs per year
Cipla	₹2.1 Lakhs to ₹5.7 Lakhs per year

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

What is the salary of a Medical Representative in companies similar to Ipca Laboratories in Mumbai?

The salary of a Medical Representative at companies similar to Ipca Laboratories in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Zydus Lifesciences	₹2.8 Lakhs to ₹5.9 Lakhs per year
Mankind Pharma	₹2.5 Lakhs to ₹7.7 Lakhs per year
Intas Pharmaceuticals	₹2.5 Lakhs to ₹6.5 Lakhs per year
Alkem Laboratories	₹2.2 Lakhs to ₹6.0 Lakhs per year
Glenmark Pharmaceuticals	₹2.7 Lakhs to ₹5.0 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 Representative at Ipca Laboratories in Mumbai?

The salary growth for a Medical Representative at Ipca Laboratories in Mumbai depends on factors such as experience, performance, and promotions. On average, a Medical Representative in Mumbai can expect the following growth trajectory at Ipca Laboratories:

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Ipca Laboratories Medical Representative Salaries in Mumbai

Ipca Laboratories Medical Representative salary in Mumbai ranges between ₹2.4 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Ipca Laboratories latest salaries received from various employees of Ipca Laboratories.