Oracle Financial Services Software Transaction Processing Officer salaries in Mumbai (Updated 2025)

Likes

Subsidiary of ORACLE -I only joined the organisation for the name ORACLE

Dislikes

No salary hike in last 3 years, no pramotion -people are working on same designation for years, 0 Employee benefits - apart from salary and travel allowance (if you are working as onsite resource) you get nothing from organisation, most of projects tech stack is outdated

Likes

1. Work-life balance is good. 2. Projects and project teams are enjoyable to work with.

Dislikes

...rs for an appraisal and received only a 4% hike, which amounts to 2% per year 2. Even if you perform well, you may not receive a salary increase 3. Variable pay is low, ranging from 40 - 60% 4. Lack of communication with the line manager, as your project manager and line manager may be different

Likes

Easy to work.

Dislikes

Low salary and hikes . Old technology. Good and elegant works is not appreciated and credit is taken by old timer even most help needed from you and most people know you doesn't matter. Slow people are appreciated.

Likes

job security is onl plus i see here, there are employees with 15+ exp, or from start of flexcube which later was acquired by oracle and is now Oracle Finacial services software

Dislikes

No salary hikes for years, no perks, not even Wifi bill rembursement. Nothing new to learn, employees are not open to automation they are comforatble with manual efforts, new approach is always discouraged. HR dept is for name sake. abusive workplace, managers lack empathy, uses cuss words for female employees as well and everyone behaves as if its company culture.

Likes

Free courses and certification. OFSS is like a college but no need to pay tuition fees because it's already being deducted from your non existing hikes and promotions. It's very good to sharpen your skills and then jumpship. It feels like they promote and want employees to resign. Not by firing , just extended exploitation. If you are a beginner , join , learn and jumpship after 1 year exactly, don't stay long. Same goes for laterals as well. Don't expect much.

Dislikes

No growth . Peanut hikes (3-5%) . No promotion even after staying for 3 years , delivering everything , taking ownership and being available almost all the time when required. Manager talks cringe when asked about hikes . HRs are basically like govt office workers , just do paper work .