Ipca Laboratories Pune Medical Representative Salaries by 6 Employees

0 - 8 years exp.

₹2.5 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average Medical Representative Salary in Pharma Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development Medical Representative Salary Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.7 L/yr
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Healthcare & Life Sciences Medical Representative Salary 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.5 L/yr

Last Updated: 30 Sep 2024

Companies similar to Ipca Laboratories for Medical Representative in Pune

Ipca Laboratories Medical Representative Salary

0 - 8 years exp. (6 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Alembic Pharmaceuticals Medical Representative Salary 0 - 5 years exp. (25 salaries)	₹1.6 L/yr - ₹4.8 L/yr 24% more	3 job openings
Cipla Medical Representative Salary 0 - 9 years exp. (19 salaries)	₹3 L/yr - ₹5.7 L/yr 51% more
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Torrent Pharmaceuticals Medical Representative Salary 0 - 9 years exp. (17 salaries)	₹1.9 L/yr - ₹5 L/yr 29% more
Abbott Medical Representative Salary 1 - 10 years exp. (17 salaries)	₹2 L/yr - ₹6.5 L/yr 69% more
Glenmark Pharmaceuticals Medical Representative Salary 0 - 9 years exp. (16 salaries)	₹3 L/yr - ₹5 L/yr 38% more
Dr. Reddy's Medical Representative Salary 2 - 8 years exp. (13 salaries)	₹3.3 L/yr - ₹5.9 L/yr 59% more
Lupin Medical Representative Salary 0 - 5 years exp. (8 salaries)	₹3 L/yr - ₹5 L/yr 32% more
Intas Pharmaceuticals Medical Representative Salary 1 - 5 years exp. (7 salaries)	₹3 L/yr - ₹5.1 L/yr 36% more
FDC Medical Representative Salary 0 - 4 years exp. (6 salaries)	₹2.3 L/yr - ₹3.5 L/yr 2% more
Wockhardt Medical Representative Salary 1 - 10 years exp. (5 salaries)	₹2.4 L/yr - ₹5.1 L/yr 28% more
J B Chemicals And Pharmaceuticals Medical Representative Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹4.8 L/yr 22% more
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Indoco Remedies Medical Representative Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3.3 L/yr 2% less
Zydus Lifesciences Medical Representative Salary 5 - 10 years exp. (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr 46% more

Medical Representative salary at Ipca Laboratories ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Ipca Laboratories.

Experience wise Ipca Laboratories Medical Representative salaries in Pune

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹2.8 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
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 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

(11 salaries)

₹7.05 L/yr - ₹11 L/yr

Business Executive Salary

(3 salaries)

₹3.54 L/yr - ₹4 L/yr

Salary related reviews for Ipca Laboratories

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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Top trending discussions

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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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Ipca Laboratories Medical Representative Salary FAQs

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

The average salary of a Medical Representative at Ipca Laboratories in Pune typically ranges from ₹2.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Medical Representative in Pune at Ipca Laboratories earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 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 6 Ipca Laboratories employees in India.

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

The estimated take-home salary of a Medical Representative at Ipca Laboratories in Pune typically ranges from ₹22,823 to ₹24,295 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 8 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 6 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?

Abbott	₹2.0 Lakhs to ₹6.5 Lakhs per year
Dr. Reddy's	₹3.3 Lakhs to ₹5.9 Lakhs per year
Cipla	₹3.0 Lakhs to ₹5.7 Lakhs per year
Zydus Lifesciences	₹4.5 Lakhs to ₹4.8 Lakhs per year
Glenmark Pharmaceuticals	₹3.0 Lakhs to ₹5.0 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 Pune?

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

Intas Pharmaceuticals	₹3.0 Lakhs to ₹5.1 Lakhs per year
Lupin	₹3.0 Lakhs to ₹5.0 Lakhs per year
Torrent Pharmaceuticals	₹1.9 Lakhs to ₹5.0 Lakhs per year
Wockhardt	₹2.4 Lakhs to ₹5.1 Lakhs per year
Alembic Pharmaceuticals	₹1.6 Lakhs to ₹4.8 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 Pune?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.1 Lakhs per year
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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Ipca Laboratories Medical Representative Salaries in Pune

Ipca Laboratories Medical Representative salary in Pune ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Ipca Laboratories latest salaries received from various employees of Ipca Laboratories.