AU Small Finance Bank Interview Questions, Process, and Tips

As a sales officer, hard work has been essential in achieving targets and building strong client relationships.

• Consistently exceeded sales targets by 20% through diligent prospecting and follow-ups.

• Worked long hours during product launches to ensure all clients were informed and engaged.

• Developed a robust pipeline by networking at industry events and maintaining relationships with leads.

• Conducted thorough market resear...read more

Essential qualities for a hardworking sales officer include resilience, communication skills, adaptability, and a strong work ethic.

• Resilience: Ability to handle rejection and keep pursuing leads, like following up with a client after a 'no'.

• Effective Communication: Clearly conveying product benefits, as seen in successful pitches that resonate with clients.

• Adaptability: Adjusting strategies based on market trends, suc...read more

Windows servers are operating systems developed by Microsoft specifically for server use.

• Operating systems developed by Microsoft for server use

• Provide services such as file sharing, application hosting, and network management

• Common versions include Windows Server 2016, Windows Server 2019

A virtual machine (vm) is an emulation of a computer system that runs on a physical machine.

• VMs allow multiple operating systems to run on a single physical machine

• They are commonly used for testing software, running multiple applications, and server consolidation

• Examples include VMware, VirtualBox, and Hyper-V

32-bit OS can only address up to 4GB of RAM, while 64-bit OS can address much more RAM and perform better with 64-bit applications.

• 32-bit OS can only address up to 4GB of RAM, while 64-bit OS can address much more RAM.

• 64-bit OS can perform better with 64-bit applications compared to 32-bit OS.

• 64-bit OS allows for larger file sizes and better security features.

• Some older hardware and software may not be compatible with

Seeking new challenges and growth opportunities in a more senior role.

• Desire for career advancement

• Opportunity for professional development

• Seeking new challenges

• Looking for increased responsibilities

• Wish to utilize skills in a more senior position

FOIR stands for Fixed Obligation to Income Ratio, a metric used to assess a borrower's repayment capacity.

• FOIR is calculated by dividing total fixed obligations by net monthly income.

• A lower FOIR indicates better repayment capacity; typically, a FOIR below 40% is considered healthy.

• For example, if a borrower has fixed obligations of $1,000 and a net income of $3,000, FOIR = 1000/3000 = 33.33%.

• Lenders use FOIR to determ...read more

A current address is where a person lives now, while a permanent address is their long-term residence or legal address.

• Current Address: The location where an individual resides at the moment, which may change frequently.

• Permanent Address: The address that is considered the individual's official residence, often used for legal documents.

• Example of Current Address: A temporary apartment or a hotel where someone is stayin...read more

Salaried employees receive fixed wages from an employer, while self-employed individuals earn income through their own business ventures.

• Salaried employees have a consistent paycheck, while self-employed individuals' income can fluctuate based on business performance.

• Salaried employees typically receive benefits like health insurance and retirement plans, whereas self-employed individuals must arrange their own.

• Salarie...read more

INSR typically refers to 'Insurance' in finance, indicating risk management through coverage.

• INSR stands for Insurance, a financial product that provides protection against potential future losses.

• It can cover various risks, such as health, property, and liability.

• For example, health insurance (INSR) helps cover medical expenses.

• Property insurance (INSR) protects against damage to homes or businesses.

• Liability insuranc...read more

A CIBIL score is a three-digit number reflecting an individual's creditworthiness in India.

• Ranges from 300 to 900, with higher scores indicating better creditworthiness.

• A score above 750 is generally considered good for loan approvals.

• Factors affecting the score include payment history, credit utilization, and length of credit history.

• For example, timely repayment of loans boosts the score, while defaults can significa

DPD stands for Days Past Due, indicating how many days a payment is overdue.

• DPD is a key metric in credit risk management.

• It helps lenders assess the likelihood of default.

• For example, a loan with 30 DPD means the payment is 30 days late.

• Higher DPD values indicate increased risk of default.

I have extensive knowledge and experience in the market, including key players, trends, and customer needs.

• I have worked in the sales industry for X years, gaining valuable insights into market dynamics.

• I regularly attend industry conferences and networking events to stay updated on market trends.

• I have built strong relationships with key stakeholders in the market, allowing me to gather valuable market intelligence.

• I ...read more

I will strive to achieve my targets every month by utilizing my sales skills and strategies.

• I will create a detailed sales plan and set achievable targets for myself

• I will continuously monitor my progress and make necessary adjustments to ensure target achievement

• I will proactively seek out new opportunities and leads to meet and exceed my targets