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Asirvad Microfinance Assistant Branch Manager Interview Questions and Answers

Updated 10 Jan 2024

Asirvad Microfinance Assistant Branch Manager Interview Experiences

2 interviews found

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

I applied via Walk-in and was interviewed in Jul 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Like some normal calculation from percentage

Round 2 - Group Discussion 

Discuss on what's the marketing or how to collect lead last how can I get the branch on next level 🎚️

Interview Preparation Tips

Interview preparation tips for other job seekers - It was superb experience for me.

Interview Questionnaire 

4 Questions

  • Q1. What is MFI
  • Ans. 

    MFI stands for Microfinance Institution.

    • MFI refers to organizations that provide financial services, such as loans, savings, and insurance, to low-income individuals and communities.

    • These institutions aim to alleviate poverty and promote economic development by offering financial services to those who lack access to traditional banking services.

    • MFI loans are typically small and targeted towards micro-entrepreneurs, sma...

  • Answered by AI
  • Q2. MFI stands for Microfinance Institution
  • Q3. How does it regulate and what are the key skills to provide loans???
  • Ans. 

    Regulation and key skills for providing loans as Assistant Branch Manager.

    • Regulation involves compliance with federal and state laws, as well as internal policies and procedures.

    • Key skills include assessing creditworthiness, analyzing financial statements, and managing risk.

    • Other important skills include communication, customer service, and attention to detail.

    • Examples of loans that may be provided include personal loa...

  • Answered by AI
  • Q4. It regulates with the guidelines of RBI with terms and conditions.. And basically microfinance provides loans to Group females and in certain case it provides personal loan

Assistant Branch Manager Interview Questions Asked at Other Companies

Q1. How to manage branch and achieve the target ?
Q2. How many types of Life Insurance?
Q3. What is the full form of IRDA?
Q4. Tell me something about NBFC and role in indian economy.
Q5. What you know about Star Health Insurance?

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Naukri.com and was interviewed in Jun 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is Risk in finance?
  • Ans. 

    Risk in finance refers to the potential for financial loss or uncertainty in investment decisions.

    • Risk is the possibility of losing money or not achieving expected returns.

    • Types of financial risk include market risk, credit risk, liquidity risk, and operational risk.

    • Investors assess risk through tools like risk management strategies, diversification, and hedging.

    • Examples of risk in finance include stock market fluctuat

  • Answered by AI
  • Q2. What is risk mitigation?
  • Ans. 

    Risk mitigation is the process of identifying, assessing, and reducing risks to minimize their impact on an organization.

    • Identifying potential risks that could impact the organization

    • Assessing the likelihood and impact of each risk

    • Implementing strategies to reduce or eliminate the risks

    • Monitoring and reviewing the effectiveness of risk mitigation measures

    • Examples: diversifying investments to reduce financial risk, impl...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare about risk and mitigation.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. What is experience
  • Ans. 

    Experience is the knowledge and skills acquired through participation in events or activities over a period of time.

    • Experience is gained through hands-on involvement in various tasks and situations.

    • It involves learning from successes and failures.

    • Experience helps in developing expertise and judgment in decision-making.

    • It can be gained through work, education, training, or personal life experiences.

  • Answered by AI
  • Q2. Field experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Company is good
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Hobbies and Introduction
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
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 

(5 Questions)

  • Q1. About Nbfc, Gold loans
  • Q2. Thrid party products
  • Q3. About Bank reconciliation statement
  • Q4. About Balance sheet &accounts payable
  • Q5. About types of insurance

Interview Preparation Tips

Interview preparation tips for other job seekers - Awareness towards company where they wants to join

I applied via Naukri.com and was interviewed in Sep 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. All Leave questions and
Round 3 - One-on-one 

(2 Questions)

  • Q1. Document details questions
  • Q2. Gifts from childhood or married gift
  • Ans. 

    I cherish the gifts from my childhood as they hold sentimental value.

    • I have a teddy bear that I received when I was five years old, which I still keep on my bed.

    • My parents gave me a necklace on my 16th birthday, which I wear on special occasions.

    • My grandmother gave me a set of books that she used to read to me when I was a child, which I still have and read to my own children.

    • I also have a few gifts from my wedding day...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Excellent experience finance work excellent salary
Interview experience
2
Poor
Difficulty level
Easy
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. How to deal customer if Costomer is rudder
  • Ans. 

    Stay calm and professional, listen to their concerns, apologize for any inconvenience, and offer solutions to resolve the issue.

    • Remain calm and professional, do not take the customer's behavior personally

    • Listen actively to their concerns and acknowledge their frustration

    • Apologize for any inconvenience caused and empathize with their situation

    • Offer solutions to resolve the issue and ensure customer satisfaction

    • If necess...

  • Answered by AI
  • Q2. How to maintain my business
  • Ans. 

    Maintaining a business requires consistent effort and attention to customer needs.

    • Regularly assess customer satisfaction and make necessary improvements

    • Stay up-to-date with industry trends and adapt accordingly

    • Develop and maintain strong relationships with customers and employees

    • Continuously evaluate and adjust business strategies to maximize profitability

    • Invest in employee training and development to ensure high-quali...

  • Answered by AI
Round 3 - Group Discussion 

HR ASK ME ABOUT MYSELF AND MY QUALIFICATIONS HE ASKED ME SOME QUESTIONS IN GRAMMER PORTION NOT ANY MORE

Interview Preparation Tips

Interview preparation tips for other job seekers - Be patience and confidence in your self than you got everything as you want in your life
Best of luck
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - HR 

(7 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Why are you looking for a change?
  • Q4. Where do you see yourself in 5 years?
  • Q5. What are your strengths and weaknesses?
  • Q6. Tell me about yourself.
  • Q7. Share details of your previous job.
Round 3 - HR 

(8 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Why should we hire you?
  • Q5. Why are you looking for a change?
  • Q6. Where do you see yourself in 5 years?
  • Q7. What are your strengths and weaknesses?
  • Q8. Tell me about yourself.
Round 4 - HR 

(8 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Why should we hire you?
  • Q5. Why are you looking for a change?
  • Q6. Where do you see yourself in 5 years?
  • Q7. What are your strengths and weaknesses?
  • Q8. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - No thanks all is good with bajaj family

I applied via Walk-in and was interviewed in Aug 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. About your academic, previous job.
  • Q2. Knowledge about STFC. Why coming in finance sector and why STFC?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be clear with financial terms.
Must have knowledge of financial calculations.
Read history of the company.
Be confident.

Asirvad Microfinance Interview FAQs

How many rounds are there in Asirvad Microfinance Assistant Branch Manager interview?
Asirvad Microfinance interview process usually has 2 rounds. The most common rounds in the Asirvad Microfinance interview process are Aptitude Test and Group Discussion.
What are the top questions asked in Asirvad Microfinance Assistant Branch Manager interview?

Some of the top questions asked at the Asirvad Microfinance Assistant Branch Manager interview -

  1. How does it regulate and what are the key skills to provide loans?...read more
  2. What is ...read more
  3. It regulates with the guidelines of RBI with terms and conditions.. And basical...read more

Tell us how to improve this page.

Asirvad Microfinance Assistant Branch Manager Interview Process

based on 3 interviews

Interview experience

5
  
Excellent
View more
Asirvad Microfinance Assistant Branch Manager Salary
based on 19 salaries
₹1.8 L/yr - ₹2.8 L/yr
53% less than the average Assistant Branch Manager Salary in India
View more details

Asirvad Microfinance Assistant Branch Manager Reviews and Ratings

based on 13 reviews

3.4/5

Rating in categories

3.5

Skill development

2.9

Work-life balance

2.5

Salary

3.0

Job security

2.6

Company culture

3.7

Promotions

2.7

Work satisfaction

Explore 13 Reviews and Ratings
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₹1.5 L/yr - ₹6.2 L/yr

Area Manager
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₹1.8 L/yr - ₹6.8 L/yr

Field Development Officer
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₹0.9 L/yr - ₹3.2 L/yr

Senior Manager
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₹5.1 L/yr - ₹10.5 L/yr

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