BASIC Home Loan Business Development Executive Interview Questions and Answers

Q1. Why you want to join innoviti?
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Q2. Did you know Innoviti Name in the Market ?
Ans. 
Yes, Innoviti is a well-known name in the market for its payment solutions.
• Innoviti is a leading provider of payment solutions in India.

• It offers a range of payment solutions for various industries including retail, healthcare, and hospitality.

• Innoviti's solutions are known for their reliability, security, and ease of use.

• Some of its popular products include uniPAY, smartCREDIT, and G.E.N.I.E.

• Innoviti has won several a
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Q1. What is equated monthly installments
Ans. 
Equated Monthly Installments (EMI) are fixed payments made monthly to repay a loan over a specified period.
• EMIs consist of both principal and interest components.

• For example, if you take a loan of $10,000 at 10% interest for 2 years, your EMI will be approximately $500.

• EMIs help in budgeting as they provide a fixed repayment amount each month.

• They are commonly used for loans like personal loans, home loans, and auto lo
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Q2. How do you manage a customer
Ans. 
I manage customers by building relationships, understanding their needs, and providing tailored solutions to ensure satisfaction.
• Establish rapport: I initiate conversations to build trust, like remembering personal details from previous interactions.

• Understand needs: I ask open-ended questions to uncover customer pain points, such as 'What challenges are you facing with your current solution?'

• Provide tailored solutions...read more
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Q1. What is your previous salary
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Q2. How many years of experience you have in sales?
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Q1. How would you handel customer who is confused to buy our product?
Ans. 
I would listen to their concerns and provide them with clear and concise information about our product.
• Listen actively to their concerns and questions

• Provide clear and concise information about the product

• Offer to demonstrate the product or provide a trial period

• Address any objections or hesitations they may have

• Follow up with the customer to ensure their satisfaction
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Q2. Follow up the customer on whatsapp and mails and calls explain customer until he buys the product
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Q3. From when you going to join our company and will be most welcome if you can join in this week.
Ans. Thank you for giving sach a great opportunity im very glad that as your giving this offer to me
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Q1. Tell me about your self
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Q2. Tell me about previous experience
Ans. 
I have over five years of experience in relationship management, focusing on client satisfaction and retention.
• Managed a portfolio of over 100 clients, ensuring their needs were met and fostering long-term relationships.

• Implemented a customer feedback system that increased client satisfaction scores by 20%.

• Conducted regular check-ins and follow-ups, resulting in a 15% increase in client retention rates.

• Collaborated wit...read more
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Q3. Why are you leaving your organization
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Q1. Tell me about your self
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Q2. Why do you leave your last company
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Q1. About yourself and company, process, family background, hobbies, calculation
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