Aavas Financiers Interview Questions and Answers

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

• A mortgage loan is a secured loan, meaning that the borrower pledges the property as collateral to the lender.

• It is typically used by individuals or businesses to purchase residential or commercial properties.

• The loan amount is determined based on the value of the property and the b...read more

Lap and housing loans are types of loans provided by banks for purchasing or constructing a house or property.

• LAP stands for Loan Against Property and is a type of secured loan where the borrower pledges their property as collateral.

• Housing loan is a type of loan provided by banks for purchasing or constructing a house or property.

• Both loans have different interest rates, repayment tenures, and eligibility criteria.

• LAP...read more

The frequency of earning incentives depends on various factors such as performance, targets, and company policies.

• The frequency of earning incentives may vary from company to company.

• Incentives are often tied to achieving specific targets or goals.

• Some companies may offer incentives on a monthly, quarterly, or annual basis.

• Incentives can also be earned based on individual or team performance.

• The amount of incentive ear...read more

Seeking new challenges and opportunities for growth.

• Looking for a new challenge to expand my skills and knowledge

• Seeking better career advancement opportunities

• Wanting to work in a more innovative and dynamic environment