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AU Small Finance Bank Legal Officer Interview Questions and Answers

Updated 4 Jul 2022

AU Small Finance Bank Legal Officer Interview Experiences

1 interview found

I applied via Approached by Company and was interviewed in Jan 2022. 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 - One-on-one 

(4 Questions)

  • Q1. Sarfeasi act full form
  • Ans. 

    SARFAESI Act stands for Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.

    • Enacted in 2002 to empower banks and financial institutions to recover their non-performing assets (NPAs)

    • Allows banks to take possession of the collateral security in case of default by the borrower

    • Provides for the establishment of Asset Reconstruction Companies (ARCs) to take over and manage NPAs

    • Helps...

  • Answered by AI
  • Q2. Basic of sarfeasi act
  • Q3. Process of mortgage property possession
  • Ans. 

    The process of mortgage property possession involves legal procedures to transfer ownership from the borrower to the lender in case of default.

    • The lender must first send a notice of default to the borrower.

    • If the borrower fails to cure the default, the lender can initiate foreclosure proceedings.

    • Foreclosure can be done through judicial or non-judicial means depending on the state laws.

    • Once the foreclosure is complete, ...

  • Answered by AI
  • Q4. Section of 13(2) , 13(4)
  • Ans. 

    Section 13(2) and 13(4) of what law?

    • Need to know the law in question to answer

    • Cannot provide a description without context

    • Please provide more information

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - We have get information about banking laws

Skills evaluated in this interview

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
Selected Selected
Round 1 - HR 

(2 Questions)

  • Q1. What are types of deed
  • Ans. 

    Types of deeds include warranty deeds, quitclaim deeds, special warranty deeds, and deeds of trust.

    • Warranty deeds guarantee that the grantor owns the property and has the right to sell it.

    • Quitclaim deeds transfer the grantor's interest in the property without making any guarantees about the title.

    • Special warranty deeds only guarantee that the grantor has not done anything to harm the title during their ownership.

    • Deeds ...

  • Answered by AI
  • Q2. How to prepare the lagal report
  • Ans. 

    To prepare a legal report, gather all relevant information, analyze the facts, apply relevant laws, and provide recommendations.

    • Gather all relevant information related to the case or issue.

    • Analyze the facts and evidence thoroughly.

    • Apply relevant laws, regulations, and precedents to the situation.

    • Provide a clear and concise summary of the findings and recommendations.

    • Ensure the report is well-organized and easy to under...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - legal groups
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in May 2023. 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 - Technical 

(7 Questions)

  • Q1. Do you know about P.R Card
  • Ans. Property Card which having Show property description.
  • Answered Anonymously
  • Q2. Do you knowledge about 7/12 property?
  • Ans. 

    7/12 property refers to land records maintained by the revenue department in India.

    • 7/12 property records contain details like land ownership, area, type of land, etc.

    • These records are important for verifying land ownership and legal disputes.

    • In Maharashtra, India, 7/12 extract is used to show ownership details of agricultural land.

  • Answered by AI
  • Q3. Namuna D property
  • Q4. What is नमुना ड property?
  • Ans. 

    नमुना ड property refers to a sample property in legal terms.

    • नमुना ड property is a sample property used in legal proceedings as evidence.

    • It is often presented in court to demonstrate a particular point or argument.

    • Examples of नमुना ड property include documents, physical objects, or digital evidence.

    • The authenticity and relevance of नमुना ड property are crucial in legal cases.

  • Answered by AI
  • Q5. How many types of deeds?
  • Ans. 

    There are several types of deeds, including warranty deeds, quitclaim deeds, special warranty deeds, and grant deeds.

    • Warranty deeds provide the highest level of protection for the buyer

    • Quitclaim deeds offer the least protection and simply transfer the grantor's interest in the property

    • Special warranty deeds only guarantee against defects that occurred during the grantor's ownership

    • Grant deeds are commonly used in some

  • Answered by AI
  • Q6. How many types of deeds?
  • Ans. 

    There are several types of deeds, including warranty deeds, quitclaim deeds, special warranty deeds, and grant deeds.

    • Warranty deeds provide the highest level of protection for the buyer, guaranteeing that the seller owns the property and has the right to sell it.

    • Quitclaim deeds transfer whatever interest the seller has in the property, without making any guarantees about the title.

    • Special warranty deeds only guarantee ...

  • Answered by AI
  • Q7. What is mean by Mortgage
  • Ans. 

    A mortgage is a legal agreement by which a bank or other creditor lends money at interest in exchange for taking the title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

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

    • The borrower agrees to repay the loan with interest over a speci...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep grow your knowledge about Corporate sector.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. Are we funding Natham property or not?
  • Ans. 

    The funding for Natham property is not confirmed.

    • There is no confirmation on whether we are funding Natham property or not.

    • Further investigation or clarification is needed to determine the funding status.

    • It is important to verify the funding details before making any decisions.

    • There may be legal implications involved in funding Natham property.

  • Answered by AI
  • Q2. What documents are required for obtaining an opinion?
  • Ans. 

    Various documents are required for obtaining an opinion, including legal contracts, case law, statutes, and relevant correspondence.

    • Legal contracts

    • Case law

    • Statutes

    • Relevant correspondence

  • Answered by AI
  • Q3. Are we funding guideline value zero or not
  • Ans. 

    No, we are not funding guideline value zero.

    • Guideline value zero is not eligible for funding.

    • Funding is typically based on a certain minimum guideline value.

    • Ensure guideline values are met before considering funding.

    • Consider alternative funding options if guideline value is zero.

  • Answered by AI
  • Q4. Are we funding for agricultural and commercial funding or not
  • Ans. 

    Yes, we are funding for agricultural and commercial funding.

    • We provide funding for agricultural projects such as crop cultivation, livestock farming, and agribusiness ventures.

    • We also offer funding for commercial projects like small businesses, startups, and expansion initiatives.

    • Our funding options cater to both agricultural and commercial sectors to support economic growth and development.

  • Answered by AI
  • Q5. Registration act basic sections

Interview Preparation Tips

Interview preparation tips for other job seekers - Being prepared for the registration act.

I applied via Walk-in and was interviewed before Apr 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 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Tell me your functional role

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and answer truthfully

Interview Questionnaire 

3 Questions

  • Q1. Why you quit last job?
  • Q2. What are the work area are you handle at your current organization
  • Q3. What do you know about insurance
  • Ans. 

    Insurance is a contract between an individual and an insurance company to protect against financial loss.

    • Insurance provides financial protection against unexpected events such as accidents, illnesses, and natural disasters.

    • Premiums are paid to the insurance company in exchange for coverage.

    • Types of insurance include health, life, auto, home, and business insurance.

    • Insurance policies have terms and conditions that outli...

  • Answered by AI

I applied via Referral and was interviewed before Dec 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. What are the products u achivied and how.
  • Ans. I did casa and cross sell products. i Do daily cold calls and generate leads then i follow and close the leads.
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Product Knowledge and process. They expect sales pitch.

I appeared for an interview before Apr 2016.

Interview Questionnaire 

3 Questions

  • Q1. Tell me something about yourself
  • Ans. 

    I am a highly motivated and experienced professional with a strong background in management and leadership.

    • I have over 5 years of experience in supervisory roles, where I successfully led teams and achieved targets.

    • I have a proven track record of implementing effective strategies to improve operational efficiency and customer satisfaction.

    • I possess excellent communication and interpersonal skills, which enable me to ef...

  • Answered by AI
  • Q2. Why are you the right candidate for this job?
  • Ans. 

    I have the necessary skills, experience, and leadership qualities to excel in this role.

    • I have a proven track record of successfully managing teams and achieving targets.

    • I possess strong communication and interpersonal skills, which are essential for effectively leading and motivating a team.

    • I am highly organized and detail-oriented, ensuring efficient operations and smooth workflow.

    • I am adept at problem-solving and de...

  • Answered by AI
  • Q3. Same question as Round 2 but by regional head

Interview Preparation Tips

Round: Resume Shortlist
Experience: Management at organization goes through your resume
Tips: Include essential details in resume, like qualifications, academic achievements and out of the box attributes about yourself. Remove unnecessary/irrelevant details

Round: Technical + HR Interview
Experience: Yes bank management asked me about myself, why am I fit for the job, how are my qualifications apt for the job, how can I bring value to the organisation basis my learnings pre MBA and during MBA program?
Tips: Try to be yourself, don't fake around becuase people sitting on other side are smart enough to judge if it's truth or fake. Start answering with your academic background, followed by what made you choose MBA, then continue with how learnings till that time is appropriate for the job and try ending up by framing the picture that you're the best candidate for the job.

Round: Technical + HR Interview
Experience: Same as Round 2
Tips: Be yourself and answer smartly like in round 2 even if it is to regional head because your 1st interviewer and 2nd interview would coordinate and your answers would be validated

Skills: Smartness, Sales, Ability To Make Quick Calculations, Decision Making Skill
College Name: NMIMS School Of Business Management

I applied via Indeed and was interviewed in Oct 2018. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. My personal background and educational highlights.

Interview Preparation Tips

Round: Resume Shortlist
Experience: Relevant Job Experience

General Tips: Read up on the company and their business, get a general idea of how the business work (bigger than your dept. Vise role)
Brush up on the knowledge quoted in your CV.
Be prepared to answer questions on the role you seek (Prepare beforehand what a person in that role is expected to handle)
Skills: Communication, Body Language, Problem Solving, Analytical Skills
Duration: 1-3 Months

I applied via Walk-in and was interviewed before Mar 2019. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Checking for knowledge
  • Q2. Have a knowledge mandatory

Interview Preparation Tips

Interview preparation tips for other job seekers - Knowledge important

AU Small Finance Bank Interview FAQs

How many rounds are there in AU Small Finance Bank Legal Officer interview?
AU Small Finance Bank interview process usually has 2 rounds. The most common rounds in the AU Small Finance Bank interview process are Resume Shortlist and One-on-one Round.
What are the top questions asked in AU Small Finance Bank Legal Officer interview?

Some of the top questions asked at the AU Small Finance Bank Legal Officer interview -

  1. Process of mortgage property possess...read more
  2. Sarfeasi act full f...read more
  3. Section of 13(2) , 13...read more

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AU Small Finance Bank Legal Officer Salary
based on 29 salaries
₹2 L/yr - ₹5.3 L/yr
19% less than the average Legal Officer Salary in India
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AU Small Finance Bank Legal Officer Reviews and Ratings

based on 8 reviews

3.4/5

Rating in categories

3.7

Skill development

3.4

Work-life balance

2.4

Salary

3.5

Job security

3.1

Company culture

2.4

Promotions

3.2

Work satisfaction

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