20+ Bandhan Bank Interview Questions and Answers

Sourcing business involves networking, prospecting, and building relationships. Last experience involved cold calling and attending industry events.

• Utilize networking events and industry conferences to meet potential clients

• Cold call leads to introduce products/services and schedule meetings

• Leverage social media platforms to connect with prospects and generate leads

To cover open market, one needs to identify potential customers, create a strong sales pitch, and establish a strong network.

• Identify potential customers through market research

• Create a strong sales pitch that highlights the benefits of the product or service

• Establish a strong network by attending industry events and building relationships with key players

• Utilize social media and other digital marketing strategies to reach a wider audience

• Offer promotions or discounts to attr...read more

Yes, I am willing to travel to a distant place if required for the job.

• I am open to traveling for work purposes.

• I understand that sometimes job responsibilities may require travel to distant locations.

• I am flexible and adaptable to new environments and challenges.

I scored 80% in my examination.

• I received 80% marks in my examination.

• My exam results showed an 80% score.

• I achieved a score of 80% in my exams.

We fund various types of property titles including residential, commercial, industrial, and agricultural.

• Residential property titles

• Commercial property titles

• Industrial property titles

• Agricultural property titles

My hobby is listening to music.

• I enjoy discovering new artists and genres

• Music helps me relax and unwind after a long day

• Attending concerts and music festivals is a favorite pastime

Growing a business requires a strategic approach and a focus on customer satisfaction.

• Identify target audience and their needs

• Develop a unique value proposition

• Create a strong brand image

• Provide excellent customer service

• Expand product or service offerings

• Leverage technology to streamline operations

• Build a strong team and company culture

• Establish partnerships and collaborations

• Invest in marketing and advertising

• Monitor and analyze business performance

The ticket size refers to the average value of transactions or sales made by customers at a branch.

• Ticket size is calculated by dividing the total sales value by the number of transactions.

• It helps in understanding the purchasing behavior of customers and the overall performance of the branch.

• For example, if a branch has total sales of $100,000 from 500 transactions, the ticket size would be $200.

Credit is crucial for any institution as it enables them to provide financial assistance and grow their business.

• Credit allows institutions to provide loans and other financial services to customers.

• It helps institutions to generate revenue and grow their business.

• Credit also helps to build trust and establish long-term relationships with customers.

• Without credit, institutions may not be able to meet the financial needs of their customers and may lose business to competitors....read more

Types of loans include personal loans, home loans, auto loans, student loans, and business loans.

• Personal loans are unsecured loans that can be used for any purpose.

• Home loans are secured loans used to purchase or refinance a home.

• Auto loans are secured loans used to purchase a vehicle.

• Student loans are used to pay for education expenses.

• Business loans are used to finance business operations or start-ups.

3 critical areas to cover in internal audit of home loans

• Compliance with regulations and policies

• Accuracy of loan documentation and data

• Effectiveness of risk management practices

Property identification involves recognizing and documenting real estate assets for management and valuation purposes.

• Conduct a site survey to assess the physical characteristics of the property.

• Review legal documents such as deeds and titles to confirm ownership.

• Utilize GIS technology to map property boundaries and features.

• Engage with local authorities to verify zoning and land use regulations.

• Example: Identifying a commercial property may involve checking its zoning for bu...read more

Property verification involves assessing ownership, legal status, and any encumbrances on a property.

• Conduct a title search to confirm ownership and check for liens.

• Verify property boundaries through surveys or local records.

• Review zoning laws and land use regulations applicable to the property.

• Check for any outstanding taxes or assessments on the property.

• Inspect the property for physical condition and compliance with local codes.

The criteria of lone refers to the requirements or qualifications for someone to be considered for a loan.

• Credit score is a key criteria for loan approval

• Income level and employment history are also important factors

• Debt-to-income ratio is often considered by lenders

• Collateral may be required for certain types of loans

The rate of interest for customer loans is determined based on various factors such as credit score, loan amount, and market conditions.

• Interest rates for customer loans can vary depending on the type of loan (e.g. personal loan, mortgage, auto loan)

• Factors such as credit score, loan amount, loan term, and market conditions can influence the interest rate offered to customers

• Lenders may also consider the borrower's income, employment status, and debt-to-income ratio when dete...read more

The home loan process involves several steps and requirements.

• The borrower must submit an application with personal and financial information.

• The lender will review the application and verify the information provided.

• The property being purchased will be appraised to determine its value.

• The borrower will need to provide proof of insurance and may need to pay for title search and other fees.

• Once approved, the loan will be funded and the borrower can close on the property.

BDD framework stands for Behavior Driven Development framework, which focuses on the behavior of the system from the end user's perspective.

• BDD framework helps in collaboration between developers, testers, and business stakeholders.

• It uses natural language specifications to define the behavior of the system.

• Popular BDD frameworks include Cucumber, JBehave, and SpecFlow.

• Scenarios are written in a Given-When-Then format to describe the expected behavior of the system.

• BDD framew...read more

My strengths include strong communication skills, effective problem-solving abilities, and the ability to motivate and lead a team.

• Strong communication skills - able to effectively convey information and instructions to team members

• Effective problem-solving abilities - able to quickly identify and address issues that arise in the workplace

• Ability to motivate and lead a team - able to inspire and guide team members towards achieving common goals

IFC stands for International Finance Corporation, a member of the World Bank Group that provides investment and advisory services to promote private sector development in developing countries.

• IFC is a member of the World Bank Group

• It provides investment and advisory services to promote private sector development in developing countries

• IFC focuses on financing projects in areas such as infrastructure, health and education, and climate change

• Examples of IFC projects include fin...read more

Trial balance is a financial statement that lists the ending balances of all general ledger accounts at a certain point in time.

• Trial balance is prepared to ensure that the total debits equal total credits in the general ledger.

• It helps in detecting errors in recording transactions.

• It is usually prepared at the end of an accounting period before creating financial statements.

• Example: If the total debits in the trial balance equal the total credits, it means the books are in b...read more

A mortgage loan is a type of loan specifically used to purchase real estate, where the property itself serves as collateral for the loan.

• Mortgage loans are typically long-term loans with fixed or adjustable interest rates.

• The borrower makes monthly payments to the lender until the loan is fully paid off.

• If the borrower fails to make payments, the lender has the right to foreclose on the property.

• Common types of mortgage loans include conventional loans, FHA loans, and VA loan...read more

There are several types of loans, including personal loans, home loans, car loans, and business loans.

• Personal loans

• Home loans

• Car loans

• Business loans

Decorators are a design pattern in Python that allows you to add new functionality to an existing object without modifying its structure.

• Decorators are functions that take another function as an argument and extend its behavior without explicitly modifying it.

• They are commonly used in Python to modify or extend the behavior of functions or methods.

• Decorators are denoted by the @ symbol followed by the name of the decorator function.

• They are often used for logging, authenticat...read more

Mixed design refers to a research design that combines elements of both quantitative and qualitative research methods.

• Combines quantitative and qualitative research methods

• Allows for a more comprehensive understanding of a research topic

• Often used in social sciences and education research

UI UX stands for User Interface and User Experience. It focuses on creating visually appealing and user-friendly designs for digital products.

• UI (User Interface) refers to the visual elements of a digital product, such as buttons, menus, and layouts.

• UX (User Experience) focuses on the overall experience of the user when interacting with a product, including ease of use, accessibility, and satisfaction.

• UI UX developers work to create designs that are both visually appealing an...read more