Bajaj Finance Credit Operation Executive Interview Questions and Answers

Q1. Technical related questions
Add your answer
Q2. Product related questions
Add your answer

Q1. Tell me about yourself
Add your answer
Q2. Pass a journal entry
Ans. 
Journal entry for Credit Relationship Manager position
• Identify the accounts involved (e.g. Cash, Accounts Receivable, Sales)

• Determine the type of transaction (e.g. sale of goods, payment of expenses)

• Debit and credit the appropriate accounts based on the transaction

• Ensure the accounting equation (Assets = Liabilities + Equity) remains balanced
Answered by AI
Add your answer
Q3. Where is a particular item found in balance sheet
Ans. 
The particular item is found in the liabilities section of the balance sheet.
• Liabilities section of the balance sheet

• Opposite of assets

• Includes debts and obligations
Answered by AI
View 1 more answer
Q4. Elaborate your internship/ training experiences
Add your answer

Q1. Financial questions
Add your answer
Q2. Disbursement type of question
Add your answer
Q3. Customer problem handle
Add your answer
Q4. Behaviour of all senior
Add your answer
Q5. How to manage target
Add your answer

Q1. What is meaning of CBIL
Ans. 
CBIL stands for Credit Bureau India Limited, which is a credit information company in India.
• CBIL is a credit information company that collects and maintains credit information of individuals and businesses.

• It provides credit reports and scores to lenders to help them make informed lending decisions.

• CBIL helps in reducing the risk of default by providing accurate credit information.

• It plays a crucial role in the credit ...read more
Answered by AI
Add your answer
Q2. What are the metrics used to evaluate risk
Ans. 
Metrics used to evaluate risk include credit score, debt-to-income ratio, payment history, and credit utilization.
• Credit score: A numerical representation of a borrower's creditworthiness based on their credit history.

• Debt-to-income ratio: The percentage of a borrower's monthly income that goes towards paying debts.

• Payment history: A record of a borrower's past payments on credit accounts.

• Credit utilization: The amount
Answered by AI
Add your answer

Q1. Why your leaving privious company
Ans. 
Seeking new challenges and growth opportunities in a different work environment.
• Desire for career advancement

• Looking for new challenges

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a different city
Answered by AI
Add your answer
Q2. What was salary expectation
Ans. 
My salary expectation is in line with industry standards and based on my experience and qualifications.
• Research industry standards for Credit Manager salaries

• Consider my experience and qualifications when determining salary expectation

• Be open to negotiation based on the overall compensation package offered
Answered by AI
Add your answer

Q1. Tell About yourself
Add your answer
Q2. Tell about any topic
Add your answer

Basic maths and common science exam

Q1. Inroduce urself
Add your answer
Q2. What is loan procurement
Ans. 
Loan procurement is the process of obtaining a loan from a financial institution or lender.
• Involves submitting an application for a loan

• Includes providing necessary documentation such as income verification and credit history

• May require meeting certain eligibility criteria set by the lender

• Can involve negotiating loan terms and interest rates

• Examples: applying for a mortgage, car loan, or personal loan
Answered by AI
Add your answer