AU Small Finance Bank Senior Sales Executive Interview Questions and Answers

We provide various types of loan products including personal loans, home loans, car loans, and business loans.

• Personal loans for individuals to meet their personal financial needs

• Home loans for purchasing or constructing a house

• Car loans for purchasing a new or used car

• Business loans for small and medium-sized enterprises to expand their business

• Education loans for students to pursue higher education

• Gold loans for indi...read more

The type of repayment depends on the loan agreement and can be fixed or variable.

• Repayment can be fixed, meaning the same amount is paid each month until the loan is fully repaid.

• Repayment can be variable, meaning the amount paid each month can fluctuate based on interest rates or other factors.

• The type of repayment is typically outlined in the loan agreement.

• Examples of loans with fixed repayment include personal loan...read more

Customer KYC stands for Know Your Customer. It is a process of verifying the identity of a customer before providing them with services.

• KYC is a mandatory process for financial institutions to prevent fraud and money laundering.

• It involves collecting personal information such as name, address, and identification documents.

• The collected information is verified against government databases.

• KYC helps in building trust bet...read more

I have a basic understanding of finance and its importance in business operations.

• I understand financial statements such as balance sheets, income statements, and cash flow statements.

• I know how to analyze financial data to make informed business decisions.

• I am familiar with financial ratios such as debt-to-equity ratio, return on investment, and profit margin.

• I understand the importance of budgeting and forecasting in...read more