Bajaj Finserv Credit Manager Interview Questions and Answers for Experienced

I have over 5 years of experience in credit management, including analyzing credit reports, setting credit limits, and managing collections.

• Analyzed credit reports to assess creditworthiness of customers

• Set credit limits based on risk assessment

• Managed collections process to ensure timely payments

• Implemented credit policies and procedures to minimize risk

Personal loans are unsecured loans provided by financial institutions to individuals for various purposes.

• Personal loans are unsecured, meaning they do not require collateral.

• They can be used for various purposes such as debt consolidation, home improvement, or unexpected expenses.

• Interest rates on personal loans can vary based on the borrower's credit score and financial history.

• Repayment terms for personal loans are ...read more

These are various financial terms used in banking and credit management.

• RTGS (Real Time Gross Settlement) is a system used for fund transfers between banks in real-time.

• CIBIL (Credit Information Bureau India Limited) is a credit information company that maintains credit records of individuals and companies.

• ECS (Electronic Clearing Service) is a system used for electronic fund transfers between banks.

• NACH (National Auto...read more