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Oracle Financial Services Software Application Developer 2 salaries in Mumbai

Annual salary range
4 - 7 years exp.
₹7 Lakhs - ₹16 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% more than the average Application Developer 2 Salary in Software Product Companies for 4 - 7 years of experience

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Last Updated: 9 Jul 2024

Application Developer 2 salary at Oracle Financial Services Software ranges between ₹7 Lakhs to ₹16 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 15 latest salaries received from various employees of Oracle Financial Services Software.

Latest annual salaries shared by Oracle Financial Services Software Application Developer 2 in Mumbai

9mo ago
₹14.6 Lakhs
5 years exp.
10mo ago
₹15.1 Lakhs
7 years exp.
1y ago
₹16 Lakhs
4 years exp.
1y ago
₹14.5 Lakhs
6 years exp.
1y ago
₹12 Lakhs
5 years exp.
1y ago
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4 years exp.

Experience wise Oracle Financial Services Software Application Developer 2 salaries in Mumbai

Last Updated: 9 Jul 2024

Experience Avg Annual Salary
4 years  (8 salaries)

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₹7 L/yr - ₹16 L/yr
5 years  (4 salaries)

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₹12 L/yr - ₹14.6 L/yr
6 years (AmbitionBox Estimate)

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₹12.9 L/yr - ₹16.4 L/yr
7 years (AmbitionBox Estimate)

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₹13.3 L/yr - ₹17 L/yr

Similar Designation salaries in Oracle Financial Services Software

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Java Developer Salary
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₹7.4 L/yr - ₹11.5 L/yr
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₹10.2 L/yr - ₹28 L/yr

Salary related reviews for Oracle Financial Services Software

3.0

Rated by 2 employees for salary & benefits

Engineering - Software & QA Department

3.0
  •  posted on 10 Dec 2019

2.0
 for  Salary and Benefits

Likes

The company follows processes rigidly. Everything has a clear paper trail, there is not even a remote possibility of underhanded stuff. Everything is organised.

read more
  • Job security - Excellent

Dislikes

...ment consists of ageing people who have no idea of current design/UX trends. 2. Horrible compensation given by one of the top 10 earning IT companies in India. 3. They give you average reviews in your yearly review even if you have done a stellar job, just so that they don't have to increase your salary too much. 4. No career growth. I got 1 promotion in 4 years even though I had more knowledge than people 5 years more experienced than me. 5. No passion for coding in this place. The attitude is just "get the requirement done by hook or crook, we don't care about good quality code." 6. Horrible attempts at inclusivity, especially in Chennai office. North Indians who are hired at Chennai all complain of being left out and depressed, and leave within 2 years. Why hire people from outside your state if you make no efforts to create a good work environment for them? 7. Cutthroat culture when it comes to collaboration. Even though we are all in the same company managers will scold juniors if they are seen helping members from other departments.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 16 Mar 2025

2.0
 for  Salary and Benefits

Likes

Only job security and if you are in offshore team, in some projects you will get good work life balance.

  • Job security - Excellent

Dislikes

...you good hike. I have seen people on the same post for years even if u put work. When you demand increased salary or any counter after getting job at another company, they don't even give you a matched offer and won't even try to retain you.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 27 Jun 2022

4.0
 for  Salary and Benefits

Likes

Take Home Salary, Job Security, Work Life Balance, Although company may not teach you it is a very good opportunity to learn and grow in financial services domain. with recent upgrade in tech stack it is worth learning migration from old tech to new tech

read more
  • Salary - Good
  • +3 more

Dislikes

First is the charm of the company. it is like most companies that lack the energy with people being proactive in work as well as in culture. there are no team lunch or outings that is core part of a team construction. Well settled people anyway are not interested so the flow goes very lame. With support to old tech stack personally was a trauma of not able to learn new tech as well as balancing between working with old and new technologies

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  • Company culture - Poor

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 17 Jul 2024

1.0
 for  Salary and Benefits

Likes

Job security and nothing else

  • Job security - Excellent

Dislikes

No hikes for years No bonus No good technology All old Oracle frameworks which doesn't have any value outside of Oracle. Very diplomatic manager ( when you ask for promotion or good hike - He will say we are not stopping you from going outside)

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  • Salary - Bad
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 07 Apr 2022

3.0
 for  Salary and Benefits

Likes

...e balance is pretty good but again it depends on the project you are working on.Every year we will get bonus two times.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Here in this company mostly work will be on SQL and PLSQL, company tools for customisation. Getting to work on these technologies also very less. So if we talk about career growth, learning will be very less.

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  • Skill development - Poor
  • +1 more
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Oracle Financial Services Software Application Developer 2 Salary FAQs

What is the salary of Application Developer 2 at Oracle Financial Services Software in Mumbai?
The average salary of a Application Developer 2 at Oracle Financial Services Software in Mumbai typically ranges from ₹7.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Application Developer 2 in Mumbai at Oracle Financial Services Software earn more than ₹15.1 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Application Developer 2 Salaries at Oracle Financial Services Software 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 10+ Oracle Financial Services Software employees in India.
What is the estimated take home salary of a Application Developer 2 at Oracle Financial Services Software in Mumbai?
The estimated take-home salary of a Application Developer 2 at Oracle Financial Services Software in Mumbai typically ranges from ₹97,400 to ₹1,00,037 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 4 years to 7 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 10+ salaries received from various employees of Oracle Financial Services Software. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a Application Developer 2 at Oracle Financial Services Software in Mumbai?
The salary growth for a Application Developer 2 at Oracle Financial Services Software in Mumbai depends on factors such as experience, performance, and promotions. On average, a Application Developer 2 in Mumbai can expect the following growth trajectory at Oracle Financial Services Software:

Experience Average Salary Range
4 years ₹7.0 Lakhs to ₹16.0 Lakhs per year
5 years ₹12.0 Lakhs to ₹14.6 Lakhs per year
6 years ₹12.9 Lakhs to ₹16.4 Lakhs per year
7 years ₹13.3 Lakhs to ₹17.0 Lakhs per year
and so on.

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Oracle Financial Services Software Application Developer 2 salary in Mumbai ranges between ₹7 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Oracle Financial Services Software latest salaries received from various employees of Oracle Financial Services Software.