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Oracle Financial Services Software Principal Application Engineer salaries in Bangalore / Bengaluru

Annual salary range
11 - 19 years exp.
₹16.1 Lakhs - ₹28.9 Lakhs
Salary of majority employees
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26% less than the average Principal Application Engineer Salary in Software Product Companies for 11 - 19 years of experience

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Salaries in different departments

Engineering - Software & QA
Principal Application Engineer Salary
11 - 19 years exp. (21 salaries)
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₹16.1 L/yr - ₹28.9 L/yr

BFSI, Investments & Trading
Principal Application Engineer Salary
16 - 19 years exp. (3 salaries)
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₹22 L/yr - ₹23.5 L/yr

Project & Program Management
Principal Application Engineer Salary
13 - 15 years exp. (3 salaries)
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₹20 L/yr - ₹22.7 L/yr

Product Management
Principal Application Engineer Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹21.5 L/yr - ₹24 L/yr

Last Updated: 17 Dec 2024

Companies similar to Oracle Financial Services Software for Principal Application Engineer in Bangalore / Bengaluru

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Oracle Financial Services Software Principal Application Engineer Salary

11 - 19 years exp. (32 salaries)

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₹16.1 L/yr - ₹28.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Oracle Principal Application Engineer Salary

9 - 17 years exp. (271 salaries)

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₹14 L/yr - ₹55.8 L/yr

arrow icon 38% more
2 job openings
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₹35 L/yr - ₹70 L/yr

arrow icon 178% more
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₹46 L/yr - ₹56 L/yr

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₹29.5 L/yr - ₹49 L/yr

arrow icon 52% more
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₹17 L/yr - ₹20 L/yr

arrow icon 23% less
Principal Application Engineer salary at Oracle Financial Services Software ranges between ₹16.1 Lakhs to ₹28.9 Lakhs per year for employees with experience between 11 years to 19 years. Salary estimates are based on 32 latest salaries received from various employees of Oracle Financial Services Software.

Latest annual salaries shared by Oracle Financial Services Software Principal Application Engineer in Bangalore / Bengaluru

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17 years exp.
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12 years exp.
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11 years exp.
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16 years exp.
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13 years exp.
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19 years exp.
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12 years exp.
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14 years exp.

Experience wise Oracle Financial Services Software Principal Application Engineer salaries in Bangalore / Bengaluru

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹22 L/yr - ₹24.5 L/yr
12 years  (6 salaries)

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₹21 L/yr - ₹25.3 L/yr
13 years  (6 salaries)

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₹20 L/yr - ₹28 L/yr
14 years  (6 salaries)

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₹16.1 L/yr - ₹28.9 L/yr
15+ years  (12 salaries)

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₹19 L/yr - ₹28 L/yr

Similar Designation salaries in Oracle Financial Services Software

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₹6.18 L/yr - ₹22 L/yr
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₹10.52 L/yr - ₹28 L/yr
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₹3.5 L/yr - ₹13.3 L/yr
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₹4.5 L/yr - ₹16 L/yr
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₹4.3 L/yr - ₹13.76 L/yr
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₹11.1 L/yr - ₹20 L/yr

Salary related reviews for Oracle Financial Services Software

3.0

Rated by 4 employees for salary & benefits

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

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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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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

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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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.

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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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Engineering - Software & QA Department

3.0
  •  posted on 21 Apr 2022

1.0
 for  Salary and Benefits

Likes

1. Flexible working hours. 2. You may bluff with your relatives, marriage prospects that you are working at "Oracle", there is only ORACLE in ID card, email address, office building and everywhere. They will never find out the difference between ORACLE India and OFSS at glance. 2. Job security, no lay offs ever happened 3. No strict minimum 8 hours logging 4. No restriction for no of days to do WFH although some managers consider it negative. Hope Covid thought them a lesson. 5. Lot of foreign travel oppurtunites but mostly to Africa, Middle east and such non exciting underdeveloped countries.

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Dislikes

..., position and job than existing employees (sometimes even double to triple). 4. If your salary has not moved much in three years, then it's a signal of rejecting and neglecting you. 5. Basic component in CTC is very less (just 25%) so that employer contribution and gratuity is very less. 6. Don't stay long even if you get some decent hike here. Not worth it. Not recommended for long term, but good for short term. 7. No perdium compensation for onsite travel. They reimburse only the expense bills. So less savings compared to travel in other companies.

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Engineering - Software & QA Department

2.0
  •  posted on 06 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security is good, Work culture is what you expect in any company in india, management is not so good,depends on the team and overrall not so good expereince for me

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Dislikes

Yes I dislike working here. Too much politics, no growth, very bad salary.

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Oracle Financial Services Software Principal Application Engineer Salary FAQs

What is the salary of Principal Application Engineer at Oracle Financial Services Software Bangalore / Bengaluru?
Principal Application Engineer salary at Oracle Financial Services Software in Bangalore / Bengaluru ranges between ₹16.1 Lakhs to ₹28.9 Lakhs for experience between 11 years to 19 years. According to our estimates it is 26% less than the average Principal Application Engineer Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Oracle Financial Services Software Bangalore / Bengaluru.
How does the salary of a Principal Application Engineer at Oracle Financial Services Software Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Principal Application Engineer at Oracle Financial Services Software is 26% less than the average salary of a Principal Application Engineer in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Oracle Financial Services Software to a Principal Application Engineer in Bangalore / Bengaluru?
  • Infineon Technologies Principal Application Engineer Salary - ₹35.0 Lakhs to ₹70.0 Lakhs per year
  • Cadence Design Systems Principal Application Engineer Salary - ₹46.0 Lakhs to ₹56.0 Lakhs per year
  • Pegasystems Principal Application Engineer Salary - ₹29.5 Lakhs to ₹49.0 Lakhs per year
  • Oracle Principal Application Engineer Salary - ₹14.0 Lakhs to ₹55.8 Lakhs per year
What is the salary of a Principal Application Engineer in companies similar to Oracle Financial Services Software in Bangalore / Bengaluru?
  • Jeeves ERP Principal Application Engineer Salary - ₹17.0 Lakhs to ₹20.0 Lakhs per year
What is the estimated take home salary of a Principal Application Engineer at Oracle Financial Services Software in Bangalore / Bengaluru?
The estimated take-home salary of a Principal Application Engineer at Oracle Financial Services Software ranges between ₹1,49,024 per month to ₹1,54,625 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Oracle Financial Services Software Principal Application Engineer salary in India which ranges between ₹16.1 Lakhs to ₹28.9 Lakhs per year for employees with experience between 11 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Principal Application Engineer at Oracle Financial Services Software in Bangalore / Bengaluru?
According to AmbitionBox, 71% of the Oracle Financial Services Software Principal Application Engineers in Bangalore / Bengaluru reported a notice period of 2 Months, 29% reported a notice period of 1 Month.This is based on 17 responses on AmbitionBox in last 2 years.

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Oracle Financial Services Software Principal Application Engineer salary in Bangalore / Bengaluru ranges between ₹16.1 Lakhs to ₹28.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Oracle Financial Services Software latest salaries received from various employees of Oracle Financial Services Software.