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Aye Finance Assistant Branch Manager Interview Questions and Answers

Updated 28 Oct 2023

Aye Finance Assistant Branch Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Sep 2023. 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 - Group Discussion 

GD started with an introduction and then I was asked to speak on positive impacts of covid-19.

Round 3 - Technical 

(4 Questions)

  • Q1. The round was about last experience, challenges file handling large teams, Strengths and weakness and email writing for
  • Q2. If the cost price of an item is Rs. 150 and the selling price is Rs. 200, what is the profit percentage
  • Ans. 

    The profit percentage is 33.33%

    • Calculate profit = Selling Price - Cost Price = Rs. 200 - Rs. 150 = Rs. 50

    • Calculate profit percentage = (Profit / Cost Price) * 100 = (50 / 150) * 100 = 33.33%

  • Answered by AI
  • Q3. What is the difference between a stack and a queue? Give an example where you would use each
  • Ans. 

    A stack is a data structure that follows the Last In First Out (LIFO) principle, while a queue follows the First In First Out (FIFO) principle.

    • Stack: Used for function call management, undo operations, and backtracking in algorithms.

    • Queue: Used in scheduling tasks, printing documents, and handling requests in a network server.

    • Example: Stack - managing function calls in a recursive algorithm. Queue - processing customer

  • Answered by AI
  • Q4. A compiler is a progAsk questions: During the interview, ask thoughtful questions about the company, the job, and the team you would be working with. This shows that you are interested and engaged in the o...

Interview Preparation Tips

Interview preparation tips for other job seekers - 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.

Skills evaluated in this interview

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. What is Gold valuation
  • Ans. 

    Gold valuation is the process of determining the worth of gold based on factors like purity, weight, and market value.

    • Gold valuation involves assessing the purity of the gold, usually measured in karats.

    • The weight of the gold is also a key factor in determining its value.

    • Market value fluctuations can impact the valuation of gold.

    • Methods of gold valuation include acid testing, XRF analysis, and electronic gold testers.

  • Answered by AI
  • Q2. What is Gold loan
  • Ans. 

    Gold loan is a type of secured loan where gold jewelry is used as collateral for borrowing money.

    • Gold loan is a type of 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 collateral.

    • 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 ...

  • Answered by AI

I applied via Walk-in and was interviewed in Nov 2021. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. How to manage branch and achieve the target ?
  • Ans. 

    To manage a branch and achieve targets, one must focus on team building, customer satisfaction, and efficient operations.

    • Set clear goals and communicate them to the team

    • Encourage teamwork and collaboration among employees

    • Provide excellent customer service to retain existing customers and attract new ones

    • Monitor and analyze branch performance regularly to identify areas for improvement

    • Implement efficient operational pro...

  • Answered by AI
  • Q2. First of all found out branches issue motivation speech and good communication is important points.
  • Q3. How to prepare balance sheet.and ledgers
  • Ans. 

    Preparing balance sheet and ledgers involves recording financial transactions and organizing them into categories.

    • Record all financial transactions in a journal

    • Organize transactions into categories such as assets, liabilities, and equity

    • Create a trial balance to ensure debits and credits match

    • Use the trial balance to prepare the balance sheet and income statement

    • Update the ledger accounts with the new balances

  • Answered by AI
  • Q4. Ledger account formula Dr the receiver and Credit the giver and balance found out asset and capital -all liblities.
  • Ans. 

    The ledger account formula is to debit the receiver and credit the giver, and the balance is found out by subtracting liabilities from assets and capital.

    • Debit the receiver and credit the giver

    • Balance is found by subtracting liabilities from assets and capital

    • Assets have a debit balance and liabilities have a credit balance

    • Capital has a credit balance

    • Examples: Debiting cash received from a customer, crediting accounts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Check the applicant man power ability skill personal qualities.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Regarding financial questions
  • Q2. Balances sheet related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Great experience to look over all processes
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at Kamla Nehru Institute of Technology, Sultanpur and was interviewed in Jul 2024. There were 3 interview rounds.

Round 1 - Group Discussion 

Discussion over time management

Round 2 - One-on-one 

(3 Questions)

  • Q1. About microfinance
  • Ans. 

    Microfinance is a type of loan or credit given by financial institutions Microfinance work mainly in village area give loan for less income people, a person who start our business but they have no money in this situation microfinance help

  • Answered Anonymously
  • Q2. Waht is loan and advantages
  • Ans. 

    A loan is a sum of money borrowed from a financial institution or lender with the agreement to pay back the borrowed amount along with interest.

    • Loans can be used for various purposes such as purchasing a home, car, or funding education.

    • Advantages of loans include access to immediate funds, ability to make large purchases, and building credit history.

    • Different types of loans include personal loans, mortgage loans, and b

  • Answered by AI
  • Q3. Why are you joining
  • Ans. 

    I am joining because I am passionate about leading teams and driving business growth in the banking sector.

    • Passionate about leading teams

    • Driven to achieve business growth

    • Excited about opportunities in the banking sector

  • Answered by AI
Round 3 - HR 

(2 Questions)

  • Q1. Salery job location
  • Q2. Types of work, responsibility
  • Ans. 

    As a branch manager, I am responsible for overseeing all operations, managing staff, ensuring customer satisfaction, and meeting financial goals.

    • Overseeing all operations of the branch

    • Managing and leading a team of staff members

    • Ensuring high levels of customer satisfaction

    • Meeting financial goals and targets

    • Developing and implementing strategies to increase branch profitability

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Good
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed in Apr 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Portfolio and claint handling

Round 2 - Group Discussion 

All members are questions what about financial and bank work different and what will you do

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. General employment and experience
  • Q2. CTC and notice period
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Dec 2023. There were 4 interview rounds.

Round 1 - Aptitude Test 

In interview taken me and family details and asking feature planings and goals

Round 2 - HR 

(1 Question)

  • Q1. My personal details taken
Round 3 - Coding Test 

Testing skills and asking computer knowledge

Round 4 - Group Discussion 

No group discussion

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Apr 2023. 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 - One-on-one 

(2 Questions)

  • Q1. Introduction about your self and working profile
  • Ans. 

    I am an experienced sales professional with a proven track record of achieving targets and managing teams.

    • I have worked in the sales industry for over 10 years

    • I have experience in managing a team of sales representatives

    • I have consistently achieved or exceeded sales targets

    • I am skilled in building and maintaining relationships with clients

    • I have experience in developing and implementing sales strategies

    • I am a strong co

  • Answered by AI
  • Q2. Introduction about work experience and working environment

Interview Preparation Tips

Interview preparation tips for other job seekers - Started Self Introduction after that work experience. Why you changing your job profile and how will be worked there.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Newspaper Ad and was interviewed in Nov 2023. There was 1 interview round.

Round 1 - Department head interview 

(1 Question)

  • Q1. What is the business vintage & stability spoof & whats the reason s to reject files, business profile,banking statement, about technical report how to
  • Ans. 

    Business vintage & stability spoof refers to the falsification of business history and financial stability to deceive lenders. Reasons to reject files include inconsistencies in business profile, banking statements, and technical reports.

    • Business vintage refers to the length of time a business has been operating. Lenders look for established businesses with a proven track record.

    • Stability spoof involves presenting fals...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

Aye Finance Interview FAQs

How many rounds are there in Aye Finance Assistant Branch Manager interview?
Aye Finance interview process usually has 3 rounds. The most common rounds in the Aye Finance interview process are Resume Shortlist, Group Discussion and Technical.
How to prepare for Aye Finance Assistant Branch Manager 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 Aye Finance. The most common topics and skills that interviewers at Aye Finance expect are Business Loan, Personal Loans, Microfinance, Rural Finance and Agri Finance.
What are the top questions asked in Aye Finance Assistant Branch Manager interview?

Some of the top questions asked at the Aye Finance Assistant Branch Manager interview -

  1. If the cost price of an item is Rs. 150 and the selling price is Rs. 200, what ...read more
  2. What is the difference between a stack and a queue? Give an example where you w...read more

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Aye Finance Assistant Branch Manager Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
View more

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Aye Finance Assistant Branch Manager Salary
based on 21 salaries
₹3 L/yr - ₹5 L/yr
18% less than the average Assistant Branch Manager Salary in India
View more details

Aye Finance Assistant Branch Manager Reviews and Ratings

based on 13 reviews

4.3/5

Rating in categories

3.9

Skill development

4.0

Work-life balance

4.1

Salary

4.0

Job security

4.1

Company culture

3.9

Promotions

4.1

Work satisfaction

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