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Panacea Biotec

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3.7

based on 716 Reviews

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Panacea Biotec Medical Representative salaries in Mumbai

Annual salary range
2 - 3 years exp.
₹3.5 Lakhs - ₹4.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Interested in this particular role? 7 job openings

Last Updated: 15 Mar 2023

Companies similar to Panacea Biotec for Medical Representative in Mumbai

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Panacea Biotec Medical Representative Salary

2 - 3 years exp. (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr

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Serum Institute of India Medical Representative Salary

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₹3.9 L/yr - ₹6 L/yr

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₹2.2 L/yr - ₹6 L/yr

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₹3.1 L/yr - ₹9.2 L/yr

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Cipla Medical Representative Salary

0 - 9 years exp. (42 salaries)
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₹2.1 L/yr - ₹5.7 L/yr

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Medical Representative salary at Panacea Biotec ranges between ₹3.5 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Panacea Biotec.
Panacea Biotec Medical Representative Salary and Career Growth

From

To

Medical Representative

₹unlock blur Lakhs/yr

1 - 7 years exp.

Regional Sales Manager

₹unlock blur Lakhs/yr

9 - 17 years exp.

Medical Representative 1 - 7 years exp.
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Area Sales Manager 7 - 16 years exp.
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arrow icon 65% hike
    Regional Sales Manager 9 - 17 years exp.
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    arrow icon 45% hike

    From

    View 1 more level

    To

    Medical Representative

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    1 - 7 years exp.

    Regional Manager

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    18 - 18 years exp.

    From

    View 1 more level

    To

    Medical Representative

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    1 - 7 years exp.

    Regional Business Manager

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    9 - 21 years exp.

    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 Panacea Biotec

    Area Sales Manager Salary
    (4 salaries)
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    ₹5.5 L/yr - ₹7.05 L/yr

    Top skills at Panacea Biotec for Medical Representative

    Pharmaceutical Sales MR MR Pharmaceutical Sales Pharma Selling Pharma Marketing TBM Pharma Marketing Medical Rep

    Salary related reviews for Panacea Biotec

    4.0

    Rated by 8 employees for salary & benefits

    Territory Business Manager in New Delhi

    Full Time

     · 

    Sales & Business Development Department

    3.0
      •  posted on 21 Feb 2025
    3.0
     for  Salary and Benefits

    Likes

    Salary and expenses on time..expense policy is good. Culture is so nice supportive but some policy's is so worst.

    read more
    • Company culture - Excellent

    Dislikes

    No Investment, other segment product you also promote like i am in vaccine and i have to sale diaper and wipe.😒 ill happily keep promoting and sailing if they give more vaccine or pharma brands .

    read more

    Business Development Executive

    Marketing & Communication Department

    5.0
      •  posted on 13 Jun 2020
    4.0
     for  Salary and Benefits

    Likes

    I am working with safety avoid rush area crowded area company supporting me terms of salary and inputs like ppkit and mask company policies are good .

    read more
    • Salary - Good
      • +6 more

    Dislikes

    I got salary timely from the company but there is a big issue regarding my package i have completed 4year in panacea still my package is just 2.5 lack but new bde who joining the company got 3lacks package on same territory .senior bde of company is like a pillar company should give him more support as compare to new bde . Thankyou !

    read more

    Sales Executive in Mumbai

    Marketing & Communication Department

    1.0
      •  posted on 24 Jul 2018
    3.0
     for  Salary and Benefits

    Likes

    Work life balance

    Dislikes

    Delayed salary Policy paralysis Unresponsive senior management Nil growth Disconnect of managers from team No skill development Incompitable top management White elephants In company Spoiled corporate image among customers

    read more
    • Skill development - Bad
      • +3 more

    Area Business Manager in Hyderabad / Secunderabad

    Sales & Business Development Department

    1.0
      •  posted on 31 Jan 2018
    2.0
     for  Salary and Benefits

    Likes

    Worked for long 7years in the organization but very hard last 2years

    Dislikes

    There is no work culture now a days and there is no guaranteed salary date and overall single man show.There is no role of managers at all levels.

    read more
    • Salary - Poor
      • +6 more

    Business Development Executive in Mumbai

    Marketing & Communication Department

    4.0
      •  posted on 28 Jun 2019
    3.0
     for  Salary and Benefits

    Likes

    I have enjoyed worked with panacea and the knowledge which I have gained in the period of employment is amazing.But the company culture needs to be improved a lot

    read more
    • Skill development - Excellent
      • +1 more

    Dislikes

    Salary structure and not disbursement of salary at the right time

    see more salary related reviews

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    Top trending discussions

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    Salary Discussions, Hike & Promotions
    2w (edited)
    peacemaker
    Verified Icon
    ·
    works at
    Georgia-Pacific
    New offer. Confused.
    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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    Panacea Biotec Medical Representative Salary FAQs

    How the salary growth look like for a Medical Representative at Panacea Biotec in Mumbai?
    The salary growth for a Medical Representative at Panacea Biotec 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 Panacea Biotec:

    Experience Average Salary Range
    2 years ₹3.3 Lakhs to ₹4.3 Lakhs per year
    3 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Panacea Biotec Medical Representative salary in Mumbai ranges between ₹3.5 Lakhs to ₹4.4 Lakhs. This is an estimate based on latest salaries received from employees of Panacea Biotec.