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BankBazaar Product Manager Interview Questions and Answers

Updated 19 Jun 2023

BankBazaar Product Manager Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Jun 2022. 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 - One-on-one 

(2 Questions)

  • Q1. Can you describe your experience in leading end -end product development cycle
  • Q2. How do you prioritize the product requirement,walk me through basis on your experience
Round 3 - Assignment 

General product case study, how to solve the online loan drop case

Interview questions from similar companies

I applied via Referral and was interviewed before Jul 2020. There was 1 interview round.

Interview Questionnaire 

8 Questions

  • Q1. Puzzles were asked during the interview
  • Q2. Different types of case studies were asked
  • Q3. Experience of my previous jobs
  • Q4. What kind of role do you want to get into? Product Analytics vs Data Science vs Product Management?
  • Ans. 

    I am interested in pursuing a career in Product Management.

    • I enjoy working with cross-functional teams to develop and launch successful products.

    • I have experience in market research, product strategy, and product development.

    • I am passionate about understanding customer needs and delivering solutions that meet those needs.

    • I am excited about the opportunity to lead a team and drive product innovation.

    • While I have some ex...

  • Answered by AI
  • Q5. Why do you think you are more suitable for a product management role?
  • Q6. What kind of data science projects you have done in the past?
  • Ans. 

    I have worked on data science projects related to customer segmentation, predictive modeling, and recommendation systems.

    • Developed a customer segmentation model using K-means clustering algorithm

    • Built a predictive model to forecast sales using time series analysis

    • Created a recommendation system for an e-commerce platform using collaborative filtering

    • Analyzed user behavior data to identify patterns and improve user enga...

  • Answered by AI
  • Q7. What have you done as a product manager in your previous organization?
  • Q8. Mention one project in detail that you led end-to-end.

Interview Preparation Tips

Interview preparation tips for other job seekers - My interview was for being done for two positions - data science and product management. So the questions were asked from both the domains. A lot of focus on puzzles was there. Also, the interviewer wanted to see if I have clarity of the role that I wanted to get into.

Skills evaluated in this interview

I applied via Naukri.com and was interviewed before Dec 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Design a pament device and what other features will you add to it.
  • Ans. 

    The payment device will be a compact and secure device that accepts multiple payment methods.

    • The device will have a touch screen display for easy navigation.

    • It will accept payments through NFC, EMV, and QR codes.

    • The device will have a built-in camera for scanning QR codes.

    • It will have a biometric authentication feature for added security.

    • The device will have a rechargeable battery for portability.

    • It will have a receipt...

  • Answered by AI
  • Q2. How will you handle communication between cross functional teams
  • Ans. 

    I will establish clear communication channels and facilitate regular meetings to ensure alignment and collaboration.

    • Establish clear communication channels

    • Facilitate regular meetings

    • Encourage open communication and active listening

    • Ensure alignment and collaboration

    • Address any conflicts or misunderstandings promptly

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Come prepared about the company

Interview Questionnaire 

6 Questions

  • Q1. Tell me about yourself?
  • Q2. Why you want to become a product manager?
  • Ans. 

    I want to become a product manager because I enjoy solving problems and creating solutions that meet customer needs.

    • I have a passion for understanding customer needs and translating them into product features

    • I enjoy working with cross-functional teams to bring a product to market

    • I have experience in product development and have successfully launched products in the past

    • I am excited about the opportunity to drive produc...

  • Answered by AI
  • Q3. I was asked about my past experiences & product knowledge
  • Q4. Later I was given a scenario and asked to create Product Requirement Document and epic feature mapping for the same along with Success metrics. Few questions on tech stacks, testing, and JIRA.
  • Q5. Name your favorite app and what are its pros and cons?
  • Ans. 

    My favorite app is Spotify.

    • Pros: Wide variety of music genres and artists available, personalized recommendations, user-friendly interface.

    • Cons: Limited offline listening for free users, occasional ads interrupting music playback.

  • Answered by AI
  • Q6. I was asked to list two features to improve the same app and explain the reasons.

Interview Preparation Tips

FreeCharge interview Preparation:What tips would you give to other job seekers? - 3 Tips:

Round 1 -This round was more focused on your basic programming skills and project management.
Round 2 -This round was more focused on analytical skills and strategic knowledge
Round 3 - Along with the PRD format, please add some wireframes along with highlighting the success metrics.
Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
No response

I applied via Referral and was interviewed in Apr 2024. There were 4 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Questions around my experience and how I can add value to Upstox
Round 2 - Technical 

(1 Question)

  • Q1. Specific product questions and my trading journey
Round 3 - Technical 

(1 Question)

  • Q1. Was given an assignment to reduce user churn and was asked to present it
Round 4 - One-on-one 

(1 Question)

  • Q1. The questions were around my design knowledge and stakeholder management

Interview Preparation Tips

Interview preparation tips for other job seekers - Please do not interview with this company, my interview process went on for over 90 days over 7 rounds and then after having a very positive feedback from the panel members and getting a confirmation from the HR regarding the offer.

My documents were also taken for verification and the negotiations happened, then on the day of releasing the offer they come back and say, they're undergoing some organizational resturcturing and become of which they would take more time to release the offer and it's been 2 months now and no one has reached out or responded for my queries post that.
I am writing this not because I didn't get the job. Fortunately upstox wasn't my only option, now I have joined in a much better and a bigger company in a leadership role.

If you are reading this, I just wish you don't go through this mess, all the best for your job hunt !
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via LinkedIn and was interviewed in Jul 2024. There were 5 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Past Experience
  • Q2. Case Study around RCA
Round 2 - One-on-one 

(2 Questions)

  • Q1. Role Expectation Setting
  • Q2. Case Study around Phonepe problem
Round 3 - One-on-one 

(1 Question)

  • Q1. Business Round - Which stakeholders do you work with?
  • Ans. 

    I work with stakeholders such as customers, executives, developers, designers, and marketing teams to ensure product success.

    • Customers

    • Executives

    • Developers

    • Designers

    • Marketing teams

  • Answered by AI
Round 4 - Technical 

(2 Questions)

  • Q1. Explain your last product? Explain the tech components of the same
  • Ans. 

    My last product was a mobile app for task management and collaboration.

    • The app had features like task creation, assignment, deadline setting, and progress tracking.

    • Tech components included a backend server using Node.js, a database using MongoDB, and a front-end interface built with React Native.

    • We also integrated push notifications using Firebase Cloud Messaging for real-time updates.

  • Answered by AI
  • Q2. Explain how do you collaborate with engineers?
  • Ans. 

    I collaborate with engineers by communicating effectively, understanding their technical constraints, and involving them in decision-making processes.

    • Regularly communicate project goals, timelines, and requirements with engineers

    • Involve engineers in the product development process from ideation to implementation

    • Understand and respect the technical constraints and limitations of the engineering team

    • Provide clear and det...

  • Answered by AI
Round 5 - One-on-one 

(2 Questions)

  • Q1. Product Strategy
  • Q2. Pick your favorite product, Explain how would you improve it's adoption?
  • Ans. 

    I would improve the adoption of the Fitbit fitness tracker by enhancing the user experience and expanding the marketing reach.

    • Enhance the user interface to make it more intuitive and user-friendly

    • Offer personalized recommendations and insights based on user data

    • Expand partnerships with fitness apps and health organizations to reach a wider audience

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - - Extremely unprofessional HR. No response and kept the candidate hanging without any update. Team, please understand if a candidate has invested time and energy to apply, interview and come to your office for full day rounds. It doesn't hurt to spend 2 minutes and give an appropriate feedback on what did not work. Please start valuing your candidate's time and energy . This was extremely unprofessional behavior from HR.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Approached by Company and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - Case Study 

Estimate the number of cars sold in India in 1 year

I applied via Approached by Company and was interviewed in Nov 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 tips
Round 2 - HR 

(3 Questions)

  • Q1. What animal do you relate yourself with. ?
  • Ans. 

    I relate myself to a lion.

    • I am confident and assertive like a lion.

    • I am a natural leader and take charge of situations.

    • I am fiercely protective of my team and their success.

    • I have a strong presence and command respect.

    • I am strategic and calculated in my decision-making.

    • I am adaptable and can thrive in different environments.

  • Answered by AI
  • Q2. What is the role requirement
  • Ans. 

    The role requirement for a Product Manager is to oversee the development and management of a product throughout its lifecycle.

    • Develop and execute product strategies and roadmaps

    • Gather and analyze market research and customer feedback

    • Collaborate with cross-functional teams (engineering, design, marketing)

    • Define product requirements and prioritize features

    • Monitor product performance and make data-driven decisions

    • Ensure t

  • Answered by AI
  • Q3. How many minimum lines you need to cut a cake into 3 pieces
  • Ans. 

    Two lines are enough to cut a cake into 3 pieces.

    • You need to make two cuts in the cake to get three pieces.

    • The first cut should be made horizontally across the middle of the cake.

    • The second cut should be made vertically through the center of the cake.

    • This will give you three equal pieces of cake.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - As per my feeling, this company takes interviews to get information about competitors and not for actual hiring. So just be sure there is real intention of hiring. Mostly interviews would be conducted by junior guys who will just ask anything under the sun.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Case Study 

Explain a project you have worked on. how did you go about implementing the same? as a Product Manager of Swiggy you need to increase orders for swiggy

Round 2 - Case Study 

How will you increase consultation for your company? [case from previous work experience]

Round 3 - HR 

(2 Questions)

  • Q1. Tell me something about yourself?
  • Ans. 

    I am a dedicated and experienced product manager with a passion for creating innovative solutions.

    • Over 5 years of experience in product management

    • Strong background in market research and product development

    • Proven track record of successfully launching new products

    • Excellent communication and leadership skills

    • Passionate about driving product strategy and growth

  • Answered by AI
  • Q2. What are your long term goals
  • Ans. 

    My long term goal is to become a senior product manager leading a team of innovative individuals, driving impactful product launches and contributing to the company's growth.

    • Advance to a senior product manager role

    • Lead a team of innovative individuals

    • Drive impactful product launches

    • Contribute to company's growth

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - cases are usually asked.
1 case- as a PM of Netflix given youtube has launched shorts. Should we launch shorts as a offering ? yes/no or what should be our strategy to retain the users.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
No response

I applied via Campus Placement and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - Case Study 

Build a cross border payments suite

BankBazaar Interview FAQs

How many rounds are there in BankBazaar Product Manager interview?
BankBazaar interview process usually has 3 rounds. The most common rounds in the BankBazaar interview process are Resume Shortlist, One-on-one Round and Assignment.

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BankBazaar Product Manager Interview Process

based on 1 interview

Interview experience

4
  
Good
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BankBazaar Product Manager Salary
based on 4 salaries
₹10.2 L/yr - ₹34 L/yr
At par with the average Product Manager Salary in India
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