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Midas Healthcare Medical Representative salaries in India

Annual salary range
5 - 8 years exp.
₹2.6 Lakhs - ₹3.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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14% less than the average Medical Representative Salary in Pharma Companies for 5 - 8 years of experience

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Salaries in different departments

Marketing & Communication
Medical Representative Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.2 L/yr

BFSI, Investments & Trading
Medical Representative Salary
8 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Healthcare & Life Sciences
Medical Representative Salary
7 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 22 Dec 2024

Companies similar to Midas Healthcare for Medical Representative

Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹6.1 L/yr

arrow icon 24% more
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Lupin Medical Representative Salary

0 - 7 years exp. (359 salaries)

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₹2.1 L/yr - ₹6.1 L/yr

arrow icon 31% more
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₹2 L/yr - ₹8.9 L/yr

arrow icon 86% more
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Cipla Medical Representative Salary

0 - 9 years exp. (328 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 52% more
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₹1.3 L/yr - ₹6.5 L/yr

arrow icon 44% more
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Dr. Reddy's Medical Representative Salary

1 - 9 years exp. (230 salaries)

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₹2 L/yr - ₹7.6 L/yr

arrow icon 59% more
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Mankind Pharma Medical Representative Salary

0 - 8 years exp. (227 salaries)

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₹1.4 L/yr - ₹6.5 L/yr

arrow icon 34% more
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Alkem Laboratories Medical Representative Salary

1 - 10 years exp. (211 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 34% more
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Abbott Medical Representative Salary

1 - 11 years exp. (200 salaries)

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₹1.5 L/yr - ₹8.5 L/yr

arrow icon 69% more
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 38% more
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Micro Labs Medical Representative Salary

0 - 10 years exp. (200 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 8% more
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Zydus Lifesciences Medical Representative Salary

1 - 12 years exp. (197 salaries)

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₹1.6 L/yr - ₹6 L/yr

arrow icon 39% more
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₹2 L/yr - ₹7 L/yr

arrow icon 31% more
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Ipca Laboratories Medical Representative Salary

0 - 8 years exp. (187 salaries)

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₹1.6 L/yr - ₹5.2 L/yr

arrow icon 1% more
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Ajanta Pharma Medical Representative Salary

0 - 6 years exp. (163 salaries)

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₹1.5 L/yr - ₹6 L/yr

arrow icon 12% more
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₹2 L/yr - ₹5.1 L/yr

arrow icon 24% more
3 job openings
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Novartis Medical Representative Salary

1 - 15 years exp. (98 salaries)

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₹1.4 L/yr - ₹10.4 L/yr

arrow icon 79% more
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Pfizer Medical Representative Salary

1 - 10 years exp. (80 salaries)

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₹2 L/yr - ₹8.1 L/yr

arrow icon 27% more
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₹2.2 L/yr - ₹5.2 L/yr

arrow icon 11% more
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Viatris Medical Representative Salary

1 - 9 years exp. (33 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 20% more
View all
Medical Representative salary at Midas Healthcare ranges between ₹2.6 Lakhs to ₹3.6 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Midas Healthcare.

Latest annual salaries shared by Midas Healthcare Medical Representative

3w ago
₹3.2 Lakhs
7 years exp.
1y ago
₹3.2 Lakhs
6 years exp.
1y ago
₹3.6 Lakhs
8 years exp.
1y ago
₹2.6 Lakhs
5 years exp.

Experience wise Midas Healthcare Medical Representative salaries

Last Updated: 22 Dec 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹3.6 L/yr

Similar Designation salaries in Midas Healthcare

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₹2 L/yr - ₹4.7 L/yr
Regional Business Manager Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.3 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Pharmacist Salary
(4 salaries)
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₹1.6 L/yr - ₹1.8 L/yr
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₹2.2 L/yr - ₹2.8 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Midas Healthcare

Legal & Regulatory Department

1.0
  •  posted on 21 Apr 2022

1.0
 for  Salary and Benefits

Likes

Nothing as such to mention.

Dislikes

Policy changes over night. Management doesn’t address the issues. No Career growth. No increments for 3 years. No business ethics. Fake company. They don’t do full and final of exited employees and eat their hard earn money.

read more
  • Salary - Bad
  • +6 more
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Midas Healthcare Medical Representative Salary FAQs

What is the salary of Medical Representative at Midas Healthcare ?
The average salary of a Medical Representative at Midas Healthcare in India typically ranges from ₹2.6 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Medical Representative at Midas Healthcare earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Medical Representative Salaries at Midas Healthcare 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 4 Midas Healthcare employees in India.
What is the estimated take home salary of a Medical Representative at Midas Healthcare in India?
The estimated take-home salary of a Medical Representative at Midas Healthcare in India typically ranges from ₹22,703 to ₹24,176 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 5 years 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 4 salaries received from various employees of Midas Healthcare. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Midas Healthcare for Medical Representative in India?
Akums Drugs & Pharmaceuticals Limited ₹3.5 Lakhs to ₹14.5 Lakhs per year
Novo Nordisk ₹3.6 Lakhs to ₹10.5 Lakhs per year
Sun Pharmaceutical Industries ₹2.0 Lakhs to ₹8.9 Lakhs per year
Novartis ₹1.4 Lakhs to ₹10.4 Lakhs per year
AstraZeneca ₹3.1 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Midas Healthcare, depending on the role and experience level.
What is the salary of a Medical Representative in companies similar to Midas Healthcare in India?
The salary of a Medical Representative at companies similar to Midas Healthcare in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Abbott ₹1.5 Lakhs to ₹8.5 Lakhs per year
Dr. Reddy's ₹2.0 Lakhs to ₹7.6 Lakhs per year
Cipla ₹2.0 Lakhs to ₹7.0 Lakhs per year
Torrent Pharmaceuticals ₹1.3 Lakhs to ₹6.5 Lakhs per year
Zydus Lifesciences ₹1.6 Lakhs to ₹6.0 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 Midas Healthcare in India?
The salary growth for a Medical Representative at Midas Healthcare depends on factors such as experience, performance, and promotions. On average, a Medical Representative can expect the following growth trajectory at Midas Healthcare:

Experience Average Salary Range
5 years ₹2.6 Lakhs to ₹4.9 Lakhs per year
6 years ₹1.2 Lakhs to ₹3.2 Lakhs per year
7 years ₹3.2 Lakhs to ₹5.9 Lakhs per year
8 years ₹3.6 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

Midas Healthcare Medical Representative salary in India ranges between ₹2.6 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Midas Healthcare latest salaries received from various employees of Midas Healthcare.