Axis Bank Interview Questions, Process, and Tips

The main activity of banks is to accept deposits from customers and provide loans to individuals and businesses.

• Accepting deposits from customers

• Providing loans to individuals and businesses

• Facilitating transactions such as wire transfers and electronic payments

• Offering financial products and services like savings accounts, credit cards, and mortgages

Marketing focuses on creating awareness and interest in a product or service, while sales involves closing deals and generating revenue.

• Marketing involves activities such as advertising, branding, market research, and public relations.

• Sales involves activities such as prospecting, lead generation, negotiation, and closing deals.

• Marketing aims to create demand for a product or service, while sales aims to fulfill that d...read more

I will meet the target by identifying potential customers, building relationships, offering competitive loan terms, and providing excellent customer service.

• Identify potential customers through market research and outreach

• Build strong relationships with customers to understand their needs and gain their trust

• Offer competitive loan terms to attract customers and meet sales targets

• Provide excellent customer service to en

Gold loan is a type of secured loan where gold jewelry is used as collateral to borrow money from a lender.

• Gold loan is a secured loan where the borrower pledges their gold jewelry as collateral.

• The loan amount is determined based on the value of the gold provided as security.

• Interest rates for gold loans are usually lower compared to unsecured loans.

• If the borrower fails to repay the loan, the lender has the right to ...read more