Serum Institute of India Mumbai Salaries by 50+ Employees (Updated 2025)

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Research & Development Marketing & Communication Procurement & Supply Chain Data Science & Analytics + 2 more

Designation	Avg Annual Salary	Open Jobs
Medical Representative 4 - 15 years exp. · Mumbai (5 salaries)	₹3.9 L/yr - ₹6 L/yr
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Assistant Manager- Purchase 8 - 12 years exp. · Mumbai (4 salaries)	₹10.2 L/yr - ₹20.5 L/yr
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Chauffeur 21 - 24 years exp. · Mumbai (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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State Head 20 - 21 years exp. · Mumbai (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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Electrical & Instrumentation Engineer 9 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Research Associate 3 - 4 years exp. · Mumbai (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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Senior Executive Quality Control 9 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Senior Product Manager 5 - 9 years exp. · Mumbai (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
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Marketing Officer 2 years exp. · Mumbai (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Brand Executive 2 years exp. · Mumbai (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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AM QA 4 years exp. · Mumbai (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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Drug Regulatory Affairs 7 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Business Executive 5 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Executive Assistant Manager 10 years exp. · Mumbai (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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Graphic Designer 8 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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Sourcing Manager 17 years exp. · Mumbai (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
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Research Officer 2 years exp. · Mumbai (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Group Product Manager 12 years exp. · Mumbai (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
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Lab Technician 1 year exp. · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Executive Regulatory Affairs 6 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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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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Salary related reviews for Serum Institute of India

4.1

Rated by 19 employees for salary & benefits

Relationship Manager in Pune

Full Time

Other Department

5.0

• posted on 10 Mar 2025

5.0

for Salary and Benefits

Likes

Meaningful Work, Learning & Growth, Stability & Reputation, Exposure to Global Markets, Work Environment & Benefits

Salary - Excellent

+6 more

Dislikes

High Work Pressure, Work-Life Balance, Limited Career Growth in Some Departments, Hierarchical Structure, Compensation & Perks

Area Business Manager in Pune

Full Time

Marketing & Communication Department

4.0

• posted on 14 Feb 2023

3.0

for Salary and Benefits

Likes

Serum Institute as we all know that it's a very good company, it provide salary without delay and give the employe a very good experience to grow in life ..

Job security - Good

+1 more

Dislikes

IN serum Institute the thing which I don't like is the nature of employe there are not loyal and there is no unity as we know that working in a team the thing which is required the most is unit between people....

Assistant Officer in Pune

Full Time

Research & Development Department

3.0

• posted on 06 Jan 2023

4.0

for Salary and Benefits

Likes

...ase to work on higher designation. Some department Very less or no work load Salary growth is on time. Food and Hospitality is good. Big Campus and brand name for Resume

Salary - Good

+3 more

Dislikes

Politics HR value

Company culture - Poor

Assistant Officer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Apr 2022

4.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Assistant Production Officer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.Their is a great opportunities for great work. Comp policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

There is salary is decent but career growth is slow.

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Serum Institute of India interview questions by designations

Executive Officer (3)Assistant Manager/Manager -(Technical) (2)Intern (2)Officer (2)

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Know more about Serum Institute of India Mumbai

Serum Institute of India Salary FAQs

How much does Serum Institute of India pay to its employees?

The average annual salary at Serum Institute of India varies depending on the role, experience, and location. The salary ranges for some popular designations at Serum Institute of India, are as follows:

Medical Representative	₹3.9 Lakhs to ₹6 Lakhs per year
Assistant Manager- Purchase	₹10.2 Lakhs to ₹20.5 Lakhs per year
Chauffeur	₹5.1 Lakhs to ₹6.5 Lakhs per year
State Head	₹31.5 Lakhs to ₹40.2 Lakhs per year

The highest-paying role, General Manager, earns between ₹50 Lakhs to ₹81 Lakhs per year. The top 10% of employees earn more than ₹20.4 Lakhs per year, and the top 1% earn over ₹60 Lakhs per year. Salaries at Serum Institute of India 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 salary estimates are based on data from 57 salaries submitted by Serum Institute of India employees. Serum Institute of India is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Serum Institute of India in Mumbai?

The salary of a fresher at Serum Institute of India in Mumbai typically ranges from ₹1.9 Lakh to ₹4.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Training Officer Salary	₹2.7 Lakhs to ₹5 Lakhs per year
Fresher as a Trainee Salary	₹1.9 Lakhs to ₹3.1 Lakhs per year
Fresher as a Production Officer Salary	₹3.1 Lakhs to ₹4.8 Lakhs per year
Fresher as a Trainee Production Officer Salary	₹3.1 Lakhs to ₹4.1 Lakhs per year

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Average annual salary in Serum Institute of India , Mumbai is INR . Salary estimates are based on 50+ Serum Institute of India latest salaries received from various employees of Serum Institute of India.