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Axis Bank Internal Auditor Interview Questions and Answers

Updated 23 Aug 2021

Axis Bank Internal Auditor Interview Experiences

1 interview found

I applied via Naukri.com and was interviewed in Feb 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Domain knowledge, previous experience
  • Q2. Why Axis bank

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared with the domain knowledge and be confident.

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed before Apr 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. 1. Job Role 2. Business

Interview Preparation Tips

Interview preparation tips for other job seekers - Confidence level should be high

Interview Questionnaire 

5 Questions

  • Q1. It was with business manager
  • Q2. Technical
  • Q3. About my existing work
  • Q4. Grilled further on existing job
  • Q5. On phone

I applied via Company Website and was interviewed before Aug 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. General questions like cod u handle team experience

Interview Preparation Tips

Interview preparation tips for other job seekers - It was nice interview happened through video conferencing

I applied via Company Website and was interviewed before Sep 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 - HR 

(2 Questions)

  • Q1. Previous experience, particularly about department which I was handling and related questions
  • Q2. This icon is Not applicable

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest about your past experience. What you are doing or what work you have done in your dept

I applied via Recruitment Consulltant and was interviewed before Oct 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 - Technical 

(2 Questions)

  • Q1. Transaction processing
  • Q2. Banking terms in brief
  • Ans. 

    Banking terms refer to the jargon used in the banking industry.

    • APR - Annual Percentage Rate

    • ATM - Automated Teller Machine

    • FDIC - Federal Deposit Insurance Corporation

    • IBAN - International Bank Account Number

    • SWIFT - Society for Worldwide Interbank Financial Telecommunication

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - You need to have knowledge of product and process for which you are applying

Interview Questionnaire 

2 Questions

  • Q1. Role of BM
  • Q2. 5 major jobs of BM
  • Ans. 

    The 5 major jobs of a BM include market research, product development, branding, sales, and customer service.

    • Conducting market research to identify customer needs and preferences

    • Developing new products or improving existing ones

    • Creating and managing brand identity and marketing campaigns

    • Driving sales through various channels such as advertising, promotions, and partnerships

    • Providing excellent customer service to mainta

  • Answered by AI

I applied via Recruitment Consultant and was interviewed in Mar 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. About process

Interview Preparation Tips

Interview preparation tips for other job seekers - What ever u know abt banking and process be confident and communicate.
It took 10-15 mins . Quest was related to branch banking process.

I applied via Recruitment Consultant and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. How would you pitch investment to a senior citizen keeping in mind they are more inclied towards FD ?
  • Ans. 

    Highlight the benefits of investing in stocks and mutual funds over FDs for senior citizens.

    • Explain how inflation can erode the value of their savings in FDs over time

    • Emphasize the potential for higher returns in the long run with stocks and mutual funds

    • Highlight the tax benefits of investing in equity-linked savings schemes (ELSS)

    • Assure them that investing in stocks and mutual funds can be done safely with proper rese...

  • Answered by AI
  • Q2. Which funds do you recommend for long term Investment in mutual funds and how should one get a regular pay out of it if the funds are in Growth?
  • Ans. 

    For long-term investment in mutual funds, recommended funds are diversified equity funds and balanced funds. To get regular payouts from growth funds, one can opt for systematic withdrawal plans (SWP).

    • Recommended funds for long-term investment: diversified equity funds and balanced funds

    • Diversified equity funds provide exposure to a wide range of stocks, offering potential for higher returns

    • Balanced funds invest in a m...

  • Answered by AI
  • Q3. What is the market capture of Mutual Funds in India?
  • Ans. 

    Mutual Funds in India have captured around 14% of the total assets under management in the financial market.

    • Mutual Funds in India have grown significantly in the past decade.

    • As of March 2021, the total assets under management (AUM) of the mutual fund industry in India stood at INR 32.17 trillion (USD 430 billion).

    • This is around 14% of the total assets under management in the financial market.

    • The market capture of mutua...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Always be prepare with the names of Fund Managers and their existing share in the fund they handle. Keep a sharp look on current market scenario and be updated about the competition banks offerings.

I applied via Naukri.com and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. I dnt remember since it was 15 yrs back

Interview Preparation Tips

Interview preparation tips for other job seekers - Good communication skills and should k ow about current affairs

Axis Bank Interview FAQs

How to prepare for Axis Bank Internal Auditor interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Axis Bank. The most common topics and skills that interviewers at Axis Bank expect are Auditing, Internal Audit, Risk Management, Big Data and Ca.

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Axis Bank Internal Auditor Salary
based on 36 salaries
₹5.3 L/yr - ₹17.2 L/yr
83% more than the average Internal Auditor Salary in India
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Axis Bank Internal Auditor Reviews and Ratings

based on 9 reviews

3.6/5

Rating in categories

2.7

Skill development

2.9

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2.6

Salary

3.3

Job security

2.7

Company culture

2.7

Promotions

2.2

Work satisfaction

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