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Aavas Financiers Area Credit Manager Interview Questions and Answers for Experienced

Updated 12 May 2024

Aavas Financiers Area Credit Manager Interview Experiences for Experienced

2 interviews found

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant

Round 1 - HR 

(5 Questions)

  • Q1. Salary expectation
  • Q2. It is everyone's job to increase the salary and post of the employees after seeing their hard work
  • Q3. Work experience
  • Q4. Income analysis
  • Q5. How to settle income FOIR
  • Ans. 

    FOIR can be settled by ensuring the borrower's total fixed obligations do not exceed a certain percentage of their income.

    • Calculate the borrower's total fixed obligations, including existing loan EMIs, rent, and other fixed expenses.

    • Calculate the borrower's income, including salary, rental income, and any other sources of income.

    • Divide the total fixed obligations by the borrower's income to get the FOIR.

    • Ensure the FOIR...

  • Answered by AI
Round 2 - Case Study 

The work of the credit team is to provide loan after doing income analytics after studying the case and whether EMI can be given to the customer and my work in case study is to find out by doing local inquiry whether the customer is showing fake business or not and in sales, I keep getting to know what is the problem in the case

Interview Preparation Tips

Interview preparation tips for other job seekers - Ok
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Credit understanding and team handling experience related questions asked by HR

Area Credit Manager Interview Questions Asked at Other Companies for undefined

Q1. How will you assess the customer with low cibil score
Q2. Volume of files handled and approval to login ratio
asked in ICICI Bank
Q3. Why bank Current Banking ratios What is crr and slr
Q4. How to settle income FOIR

Area Credit Manager Jobs at Aavas Financiers

View all

Interview questions from similar companies

I applied via Company Website and was interviewed in Dec 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. What was your current profile

Interview Preparation Tips

Interview preparation tips for other job seekers - Be should Update with current profile.
Round 1 - One-on-one 

(4 Questions)

  • Q1. Tele phone interview at Branch. Q1 What's is process file?
  • Ans. Company policy we proceed file and recommend to seniors.
  • Answered by ASHISH V. PATEL
  • Q2. Q2 Brif your Experience?
  • Ans. 

    I have 10 years of experience in branch management, leading teams and driving business growth.

    • Managed a team of 20 employees and successfully achieved sales targets for 5 consecutive years.

    • Implemented cost-saving measures that resulted in a 15% reduction in operational expenses.

    • Developed and executed strategic plans to expand the branch's customer base, resulting in a 20% increase in revenue.

    • Implemented training progra...

  • Answered by AI
  • Q3. Q3 Can you leave your current City?
  • Ans. 

    Yes, I am open to leaving my current city for the Branch Manager position.

    • I am flexible and willing to relocate for the right opportunity.

    • I have experience adapting to new environments and working in different locations.

    • I understand the importance of being geographically mobile in a managerial role.

    • I am excited about the possibility of exploring new cities and cultures.

    • I am ready to embrace the challenges and opportuni

  • Answered by AI
  • Q4. Q4 what's is your Current CTC?
  • Ans. I disclose my CTC but they not give proper Hike in salary.
  • Answered by ASHISH V. PATEL

Interview Preparation Tips

Interview preparation tips for other job seekers - 2 years bond
Gross salary confirm
Which time transfer job
If others city transfer growth given or not given.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Jul 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Its like IBPS exam...its tough exam

Round 3 - HR 

(2 Questions)

  • Q1. Family background and experience
  • Q2. Package discussion CIBIL check

Interview Preparation Tips

Interview preparation tips for other job seekers - Experienced person can apply on the official site.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Mar 2024.

Round 1 - HR 

(2 Questions)

  • Q1. What is your past experience in team handling?
  • Ans. 

    I have extensive experience in team handling, leading diverse teams to achieve operational goals and enhance performance.

    • Led a team of 15 sales associates, achieving a 20% increase in quarterly sales through effective training and motivation.

    • Implemented weekly team meetings to foster communication and collaboration, resulting in improved project turnaround times.

    • Managed conflict resolution within the team, successfully...

  • Answered by AI
  • Q2. How do you plan to manage the responsibilities of team leadership alongside the tasks of a Direct Sourcing Agent (DSA)?
  • Ans. 

    Balancing team leadership with DSA tasks requires effective delegation, prioritization, and communication.

    • Establish clear roles: Define responsibilities for team members to ensure everyone knows their tasks, allowing me to focus on leadership.

    • Prioritize tasks: Use a task management system to prioritize DSA responsibilities and team leadership duties, ensuring deadlines are met.

    • Regular check-ins: Schedule weekly meeting...

  • Answered by AI
Round 2 - Group Discussion 

Meeting of the HR team and the board.

Round 3 - One-on-one 

(1 Question)

  • Q1. Business discussion as well as about home loan and mortgage
Round 4 - Case Study 

Discussion on a case-by-case basis.

Interview Preparation Tips

Interview preparation tips for other job seekers - Must possess knowledge of the current organization.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Jun 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Reasoning,general knowledge,comprehension quantitive

Round 2 - One-on-one 

(2 Questions)

  • Q1. Hobbies and skills
  • Q2. About yourself and future orientation

Interview Preparation Tips

Interview preparation tips for other job seekers - Good industry and company to start with

I applied via Campus Placement and was interviewed before Jun 2020. There were 6 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. All financial ratios

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and have good financial knowledge

I applied via Referral and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Financial analysis related questions
  • Q2. Just answer what you have learnt during the course of your studies

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest in your answers. If you dont know dont fluke

I applied via Referral and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Regarding previous experience with organisation. Things related to same.

Interview Preparation Tips

Interview preparation tips for other job seekers - Before hand get some idea about the job role ask you refrences. Do your homework and dont be shy for asking questions beforehand to maximise the knowlegdge.

Aavas Financiers Interview FAQs

How many rounds are there in Aavas Financiers Area Credit Manager interview for experienced candidates?
Aavas Financiers interview process for experienced candidates usually has 1-2 rounds. The most common rounds in the Aavas Financiers interview process for experienced candidates are HR and Case Study.
How to prepare for Aavas Financiers Area Credit Manager interview for experienced candidates?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Aavas Financiers . The most common topics and skills that interviewers at Aavas Financiers expect are Home Loans, Lap, Credit Underwriting, Credit Analysis and Credit Management.
What are the top questions asked in Aavas Financiers Area Credit Manager interview for experienced candidates?

Some of the top questions asked at the Aavas Financiers Area Credit Manager interview for experienced candidates -

  1. How to settle income F...read more
  2. It is everyone's job to increase the salary and post of the employees after see...read more
  3. Income analy...read more

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Aavas Financiers Area Credit Manager Interview Process for Experienced

based on 2 interviews

Interview experience

5
  
Excellent
View more
Aavas Financiers Area Credit Manager Salary
based on 84 salaries
₹5 L/yr - ₹14 L/yr
21% less than the average Area Credit Manager Salary in India
View more details

Aavas Financiers Area Credit Manager Reviews and Ratings

based on 16 reviews

3.7/5

Rating in categories

3.3

Skill development

2.9

Work-life balance

3.6

Salary

3.6

Job security

3.4

Company culture

3.8

Promotions

3.5

Work satisfaction

Explore 16 Reviews and Ratings
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