Aavas Financiers Interview Questions, Process, and Tips

Q1. My Experience and Our Performance Questions and I Selected.
Add your answer

Q1. Mean mode median
Add your answer
Q2. Questions related to power bi visuals
Add your answer
Q3. SQL queries
Add your answer

Q1. Salary expectation
Add your answer
Q2. It is everyone's job to increase the salary and post of the employees after seeing their hard work
Add your answer
Q3. Work experience
Add your answer
Q4. Income analysis
Add your answer
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...read more
Answered by AI
Add your answer

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

Q1. About yourself??
Add your answer
Q2. Tell me about your family background and education?
Ans. 
I come from a supportive family that values education, which has shaped my personal and professional growth.
• My parents emphasized the importance of education, leading me to pursue a degree in Business Administration.

• I have two siblings; we often collaborate on projects, enhancing our teamwork skills.

• Family gatherings are frequent, fostering strong communication and relationship-building skills.

• My father is a banker, wh...read more
Answered by AI
Add your answer

Q1. How are you from
Add your answer
Q2. What is your last ctc
Add your answer

Q1. Can you provide a self-introduction?
Ans. 
I am a highly motivated and results-driven telesales executive with a proven track record of exceeding sales targets.
• I have X years of experience in telesales, consistently meeting and exceeding sales targets.

• I am skilled in cold calling, lead generation, and closing deals over the phone.

• I have a strong understanding of sales techniques and customer relationship management.

• I am a team player and thrive in a fast-paced,...read more
Answered by AI
Add your answer
Q2. What is a home loan?
Ans. 
A home loan is a type of loan taken from a financial institution to purchase or renovate a home.
• A home loan is a type of secured loan where the property being purchased or renovated is used as collateral.

• The borrower repays the loan amount plus interest over a set period of time, usually in monthly installments.

• Home loans can have fixed or adjustable interest rates.

• Defaulting on a home loan can result in foreclosure, w...read more
Answered by AI
Add your answer

Q1. Income assessment done by me ?
Ans. 
Income assessment is a crucial part of my role as a Branch Credit Manager.
• I assess income through pay stubs, tax returns, bank statements, and employment verification.

• I analyze the consistency and stability of income to determine creditworthiness.

• I consider sources of income, such as salary, bonuses, commissions, and rental income.

• I calculate debt-to-income ratios to assess the borrower's ability to repay loans.

• I may a...read more
Answered by AI
Add your answer
Q2. How to do income assessment of Vada Pav Vendor ?
Ans. 
Assessing income of a Vada Pav vendor involves evaluating daily sales, expenses, location, customer base, and competition.
• Calculate average daily sales by observing customer traffic and pricing.

• Consider expenses such as ingredients, rent, utilities, and labor costs.

• Evaluate the location's foot traffic and potential for growth.

• Assess the vendor's customer base and loyalty.

• Analyze competition in the area and pricing stra...read more
Answered by AI
Add your answer