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Bajaj Finance Credit Manager Interview Questions and Answers

Updated 10 Oct 2023

Bajaj Finance Credit Manager Interview Experiences

4 interviews found

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

I applied via Referral and was interviewed before May 2022. 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 Resume tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is your past experience ?
  • Ans. 

    I have 5 years of experience as a Credit Manager in a leading financial institution.

    • Managed a portfolio of over 500 clients, ensuring timely collection of payments

    • Analyzed creditworthiness of potential clients and recommended appropriate credit limits

    • Implemented credit control procedures to minimize risk and reduce bad debt

    • Negotiated payment terms and settlements with delinquent customers

    • Collaborated with sales and fin...

  • Answered by AI
  • Q2. Are you ready and comfortable to do work on extreme hours?
  • Ans. 

    Yes

    • Yes, I am ready and comfortable to work on extreme hours.

    • I understand that the role of a Credit Manager may require working long hours to meet deadlines or handle urgent situations.

    • I have previous experience working on flexible schedules and have successfully managed high-pressure situations.

    • I am committed to delivering results and ensuring the smooth functioning of credit operations, even if it means working outsid...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - - Do not talk negative about your previous company.
- Be ready to be quick learner
- Be ready to be more adapting
- Be confident about your skills.
- Use any Comfort laugage ask it on the start of interview.
-Ask for feedback and follow up.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Oct 2022. There were 2 interview rounds.

Round 1 - Assignment 

First round I was given assignment of financial statements

Round 2 - HR 

(1 Question)

  • Q1. Where you will see your self after 3 years

Interview Preparation Tips

Interview preparation tips for other job seekers - Be positive mind

Credit Manager Interview Questions Asked at Other Companies

asked in HDFC Bank
Q1. If a client comes to take a loan & he haven't got any type of ... read more
asked in ICICI Bank
Q2. What are the most important ratios to analyse the balance sheet a ... read more
asked in HDFC Bank
Q3. A client comes & he wants a big loan to fund his long-term pr ... read more
asked in ICICI Bank
Q4. Which clauses are important in 3CD while sanctioning loan
asked in ICICI Bank
Q5. What are the key skills of credit manager?

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

Interview Questionnaire 

1 Question

  • Q1. Ratio Analysis
  • Ans. Effects on financial ratio after addition of capital
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Confident & self assessment with knowledge
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected

I applied via Company Website and was interviewed before Dec 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 Resume tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Market risk vs Business Risk
  • Ans. 

    Market risk is the risk of financial loss due to changes in market conditions, while business risk is the risk of financial loss due to factors specific to a company's operations.

    • Market risk is external and beyond the control of the company, while business risk is internal and can be managed by the company.

    • Market risk includes factors such as interest rates, inflation, and currency fluctuations, while business risk inc...

  • Answered by AI
  • Q2. What is cibil and how it help to judge the case
  • Ans. 

    CIBIL is a credit information company that maintains credit records of individuals and businesses to help lenders assess creditworthiness.

    • CIBIL stands for Credit Information Bureau (India) Limited

    • It collects and maintains credit information of individuals and businesses

    • Lenders use CIBIL reports to assess the creditworthiness of borrowers

    • CIBIL score ranges from 300 to 900, with higher scores indicating better creditwort...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Best of luck if you wanna taste success in short time join the company

Bajaj Finance interview questions for designations

 Assistant Credit Manager

 (3)

 Area Credit Manager

 (1)

 Branch Credit Manager- Credit & Operations

 (1)

 Credit Operation Executive

 (3)

 Senior Credit Officer

 (1)

 Credit Sales Manager

 (3)

 Assistant Manager Collections

 (4)

 Assistant Manager Credit Operation

 (1)

Interview questions from similar companies

I was interviewed before Apr 2016.

Interview Questionnaire 

5 Questions

  • Q1. Which clauses are important in 3CD while sanctioning loan
  • Ans. 

    Important clauses in 3CD for loan sanctioning

    • Clause 4 - Purpose of loan

    • Clause 5 - Amount of loan

    • Clause 6 - Repayment terms

    • Clause 7 - Security for loan

    • Clause 8 - Interest rate

    • Clause 9 - Default and consequences

  • Answered by AI
  • Q2. Tell me profit and loss ratios
  • Ans. 

    Profit and loss ratios are financial metrics used to assess the profitability of a company.

    • Profit ratio measures the percentage of profit earned on sales.

    • Gross profit ratio is calculated by dividing gross profit by net sales.

    • Net profit ratio indicates the percentage of net profit earned on sales.

    • Operating profit ratio measures the profitability of core operations.

    • Return on investment (ROI) is a common profitability rat

  • Answered by AI
  • Q3. Balance sheet ratios
  • Q4. Diffrence between concurrent audit and statutory audit
  • Ans. 

    Concurrent audit is conducted during the course of business operations, while statutory audit is conducted at the end of the financial year.

    • Concurrent audit is performed concurrently with the operations of the organization.

    • Statutory audit is conducted to ensure compliance with legal and regulatory requirements.

    • Concurrent audit helps in detecting and preventing frauds and errors in real-time.

    • Statutory audit provides an ...

  • Answered by AI
  • Q5. If someone is earning less than EMI should he take a loan or not
  • Ans. 

    No, someone earning less than EMI should not take a loan.

    • Taking a loan when earning less than the EMI can lead to financial strain and difficulty in repayment.

    • It is important to have a stable income that can comfortably cover the loan repayment.

    • If someone is already struggling to meet their financial obligations, taking on additional debt can worsen their situation.

    • It is advisable to explore alternative options such as...

  • Answered by AI

Interview Preparation Tips

College Name: ICAI

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

Interview Questionnaire 

2 Questions

  • Q1. Financial analysis related questions
  • Q2. Just answer what you have learnt during the course of your studies

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest in your answers. If you dont know dont fluke

I applied via Referral and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Regarding previous experience with organisation. Things related to same.

Interview Preparation Tips

Interview preparation tips for other job seekers - Before hand get some idea about the job role ask you refrences. Do your homework and dont be shy for asking questions beforehand to maximise the knowlegdge.

I applied via Campus Placement and was interviewed before May 2021. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. 1. tell me about yourself 2. what will your check while giving loans to clients? 3. what is debt service coverage ratios? 4. what is cibil? 5. what is your family background

Interview Preparation Tips

Interview preparation tips for other job seekers - it was easy to average. be prepared with come ratios .

Interview Questionnaire 

3 Questions

  • Q1. Previous Job experience
  • Ans. 

    I have 5 years of experience as a Credit Manager at XYZ Company.

    • Managed credit risk assessment for new and existing clients

    • Analyzed financial statements and credit reports to determine creditworthiness

    • Negotiated payment terms and conditions with clients

    • Implemented credit policies and procedures to minimize risk

    • Collaborated with sales and finance teams to optimize credit decisions

  • Answered by AI
  • Q2. Work related questions, e.g how to verify debtors from banking
  • Q3. Future goals

Interview Questionnaire 

1 Question

  • Q1. Product knowledge, FINANCIAL formulas, Market experience
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Bajaj Finance Interview FAQs

How many rounds are there in Bajaj Finance Credit Manager interview?
Bajaj Finance interview process usually has 2-3 rounds. The most common rounds in the Bajaj Finance interview process are Resume Shortlist, One-on-one Round and Assignment.
How to prepare for Bajaj Finance Credit 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 Bajaj Finance. The most common topics and skills that interviewers at Bajaj Finance expect are Credit Underwriting, Home Loans, Lap, Mortgage Loans and Underwriting.
What are the top questions asked in Bajaj Finance Credit Manager interview?

Some of the top questions asked at the Bajaj Finance Credit Manager interview -

  1. what is cibil and how it help to judge the c...read more
  2. Market risk vs Business R...read more
  3. Ratio Analys...read more

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Bajaj Finance Credit Manager Interview Process

based on 4 interviews

1 Interview rounds

  • Resume Shortlist Round
View more
Bajaj Finance Credit Manager Salary
based on 195 salaries
₹2.4 L/yr - ₹9 L/yr
25% less than the average Credit Manager Salary in India
View more details

Bajaj Finance Credit Manager Reviews and Ratings

based on 87 reviews

3.8/5

Rating in categories

3.8

Skill development

2.8

Work-life balance

4.1

Salary

3.8

Job security

3.1

Company culture

3.9

Promotions

3.4

Work satisfaction

Explore 87 Reviews and Ratings
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