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Axis Bank Loan Processor Interview Questions and Answers

Updated 19 Jun 2017

Axis Bank Loan Processor Interview Experiences

1 interview found

Loan Processor Interview Questions & Answers

user image Preeti Kardam

posted on 19 Jun 2017

I was interviewed in Sep 2016.

Interview Questionnaire 

4 Questions

  • Q1. Introduction.
  • Q2. Relevance of my college degree for the position.
  • Ans. 

    My college degree in finance is highly relevant for the position of Loan Processor.

    • My finance degree provided me with a strong understanding of financial concepts and principles, which are essential for evaluating loan applications.

    • I learned about risk assessment, financial analysis, and regulations related to lending during my college studies, all of which are directly applicable to the role of a Loan Processor.

    • Having...

  • Answered by AI
  • Q3. Past experience and reason for leaving the previous job.
  • Ans. 

    I have 5 years of experience as a Loan Processor at XYZ company. I left my previous job due to relocation for family reasons.

    • Worked as a Loan Processor for 5 years at XYZ company

    • Left previous job due to relocation for family reasons

  • Answered by AI
  • Q4. How to improve credit rating for loans.
  • Ans. 

    Improving credit rating for loans

    • Pay bills on time

    • Reduce credit card balances

    • Check credit report for errors

    • Limit new credit applications

    • Consider a secured credit card

    • Negotiate with creditors for payment plans

  • Answered by AI

Interview Preparation Tips

Round: Resume Shortlist
Experience: I mailed my resume to the HR person I got to know about from an existing employee in the office. I received a mail calling me for an interview the following week.

Round: HR Interview
Experience: The HR panel taking my interview were very warm and professional in their demeanor. I was asked about the questions I have mentioned above. I gave the relevant answers and if I fumbled at all, they were pretty supportive.

Skills: Financial Markets, Soft Skills

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-

I applied via Campus Placement

Round 1 - Case Study 

I was supposed to narrate a case study based on the leads given to me.

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

(2 Questions)

  • Q1. Do you have driving licence ?
  • Q2. Are you ready to relocate?
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Fair and was interviewed before Aug 2023. There was 1 interview round.

Round 1 - HR 

(3 Questions)

  • Q1. What was you back job
  • Ans. 

    I worked as a customer service representative at a retail store.

    • Assisted customers with product inquiries and purchases

    • Handled returns and exchanges

    • Managed inventory and restocking shelves

  • Answered by AI
  • Q2. What are expirince
  • Ans. 

    Experience refers to the knowledge and skills acquired through past work or life experiences.

    • Experience includes practical knowledge gained from performing tasks or handling situations.

    • It also involves skills developed over time through practice and learning.

    • Experience can be gained through work, education, training, or personal life experiences.

  • Answered by AI
  • Q3. Not remember me

Interview Preparation Tips

Interview preparation tips for other job seekers - you give best effort this job
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Tell about your experience
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Sep 2023. There were 2 interview rounds.

Round 1 - Group Discussion 

Gold ratr of interest and how any types of gold loan ect...

Round 2 - Aptitude Test 

Aptitude test multiple 10 question completed

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

I applied via Indeed and was interviewed in Feb 2022. There were 3 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 

(1 Question)

  • Q1. About my self management questions
Round 3 - One-on-one 

(1 Question)

  • Q1. About my self in management questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Please search the job confidential
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. All about cv self introduction
  • Q2. All about cv tell me about your self internship
  • Ans. 

    I completed an internship in the mortgage industry, gaining valuable experience in home loans.

    • During my internship, I worked closely with loan officers to learn about the home loan process.

    • I assisted in reviewing loan applications, conducting credit checks, and preparing loan documents.

    • I also gained experience in communicating with clients and providing excellent customer service.

    • Overall, my internship provided me with

  • Answered by AI
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
-
Result
-

I was interviewed in Dec 2022.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Self introduction
  • Q2. Working experience and work role
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed before Jan 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

General awareness, Banking law and practices,

Round 2 - One-on-one 

(2 Questions)

  • Q1. What are your achievements
  • Q2. What will you do if promoted

Interview Preparation Tips

Interview preparation tips for other job seekers - Honesty and Sincerity. Work hard in a disciplined manner to get the job

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Axis Bank Loan Processor Salary
based on 5 salaries
₹1.5 L/yr - ₹3.1 L/yr
20% less than the average Loan Processor Salary in India
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