Asirvad Microfinance Deputy Credit Manager Interview Questions and Answers

Q1. Credit officer skills
Add your answer
Q2. And about the project
Add your answer

Q1. About location where u want to choose
Add your answer
Q2. Self introduction
Add your answer

Q1. Financial questions
Add your answer
Q2. Disbursement type of question
Add your answer
Q3. Customer problem handle
Add your answer
Q4. Behaviour of all senior
Add your answer
Q5. How to manage target
Add your answer

Basic maths and common science exam

Q1. Inroduce urself
Add your answer
Q2. What is loan procurement
Ans. 
Loan procurement is the process of obtaining a loan from a financial institution or lender.
• Involves submitting an application for a loan

• Includes providing necessary documentation such as income verification and credit history

• May require meeting certain eligibility criteria set by the lender

• Can involve negotiating loan terms and interest rates

• Examples: applying for a mortgage, car loan, or personal loan
Answered by AI
Add your answer

Q1. About Ratio Analysis specifically DSCR , Leverage , Quasi equity
Add your answer
Q2. About product knowledge and industry knowledge
Add your answer

Q1. When was microfinance established
Ans. 
Microfinance was established in the 1970s as a way to provide financial services to low-income individuals and communities.
• Microfinance originated in the 1970s as an initiative to alleviate poverty and promote financial inclusion.

• The Grameen Bank in Bangladesh, founded by Muhammad Yunus in 1976, is often credited as the pioneer of modern microfinance.

• Microfinance institutions offer small loans, savings accounts, and ot...read more
Answered by AI
View 1 more answer
Q2. Muthoot MICROFIN CEO
Add your answer
Q3. The company was set up muthoot
Ans. MR N. Mathai Muthoot) in 1887 at Kozhencherry
Answered Anonymously
Add your answer

Q1. What is your previous work process.
Add your answer
Q2. What is the maximum limit of loan you deals with.
Ans. 
As a Credit Risk Analyst, I typically deal with loan limits ranging from $10,000 to $1,000,000 depending on the client's creditworthiness.
• Loan limits can vary based on the client's credit score, income, and financial history.

• I have experience analyzing and approving loans ranging from small personal loans to large commercial loans.

• The maximum loan limit I have dealt with is $1,000,000 for a commercial real estate proje...read more
Answered by AI
Add your answer

Q1. What do you know about Shriram Finance
Ans. 
Shriram Finance is a leading non-banking financial company in India, specializing in vehicle financing.
• Established in 1974

• Offers a wide range of financial products including loans for commercial vehicles, passenger vehicles, and construction equipment

• Has a strong presence in rural and semi-urban areas

• Part of the Shriram Group, a prominent conglomerate in India
Answered by AI
Add your answer
Q2. What is your basic understanding of Credit Analyst
Ans. 
Credit Analyst assesses the creditworthiness of individuals or companies by analyzing financial data and determining the likelihood of repayment.
• Evaluate financial data such as income, assets, debts, and credit history

• Assess risk factors and determine credit ratings

• Make recommendations on credit limits and terms

• Monitor and review credit accounts for potential risks

• Communicate findings and recommendations to management
Answered by AI
Add your answer

Q1. Wat is FSI AND WHY 13 YEARS TRACE REQUIRED
Ans. 
FSI stands for Financial Stress Index. 13 years trace is required to analyze long-term financial trends.
• FSI is a measure of financial stress in the economy, taking into account various indicators such as interest rates, credit spreads, and market volatility.

• Analyzing a 13-year trace allows for a comprehensive understanding of long-term financial trends and patterns.

• This long-term data helps in identifying potential ris...read more
Answered by AI
Add your answer