Axis Bank Associate Sales Officer Interview Questions and Answers

A bank is a financial institution that accepts deposits from the public and creates credit.

• Banks provide various financial services such as loans, mortgages, and investment accounts.

• They play a crucial role in the economy by facilitating the flow of money and capital.

• Banks are regulated by government authorities to ensure stability and protect depositors' funds.

I have been a customer of the bank for several years and have always been impressed with their services and products.

• I have been a customer of the bank for several years

• I have used various services and products offered by the bank

• I have interacted with bank staff and found them to be professional and helpful

Consumer durable loan is a type of loan provided by financial institutions to help consumers purchase durable goods.

• Consumer durable loan is a type of financing specifically designed for purchasing consumer durables.

• It allows consumers to buy expensive items like electronics, appliances, furniture, etc. without paying the full amount upfront.

• The loan amount is usually repaid in monthly installments over a fixed period ...read more

The documents required for finance for a CD loan depend on the specific lender and their requirements.

• Generally, lenders require proof of income such as salary slips or bank statements.

• Identification documents like a valid passport or driver's license may be needed.

• Proof of address such as utility bills or rental agreements may be required.

• The lender may also ask for the CD details and its value.

• Additional documents li...read more

The minimum age for finance varies depending on the country and specific financial institution. There is usually no maximum age limit for finance.

• The minimum age for finance can range from 18 to 21 years old, depending on the country and legal requirements.

• Some financial institutions may have their own minimum age requirements, such as 21 years old, to ensure applicants have sufficient maturity and responsibility.

• There...read more

Sourcing pattern in the market refers to the methods used by companies to acquire goods and services from suppliers.

• Sourcing patterns can vary depending on the industry and the specific needs of the company.

• Common sourcing patterns include single sourcing, dual sourcing, and multi-sourcing.

• Single sourcing involves obtaining goods or services from a single supplier, while dual sourcing involves using two suppliers for t...read more