Bharat Financial Inclusion Branch Credit Manager Interview Questions and Answers

Basic maths and common science exam

Q1. Inroduce urself
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Q2. What is loan procurement
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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
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Q1. Income assessment done by me ?
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Income assessment is a crucial part of my role as a Branch Credit Manager.
• I assess income through pay stubs, tax returns, bank statements, and employment verification.

• I analyze the consistency and stability of income to determine creditworthiness.

• I consider sources of income, such as salary, bonuses, commissions, and rental income.

• I calculate debt-to-income ratios to assess the borrower's ability to repay loans.

• I may a...read more
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Q2. How to do income assessment of Vada Pav Vendor ?
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Assessing income of a Vada Pav vendor involves evaluating daily sales, expenses, location, customer base, and competition.
• Calculate average daily sales by observing customer traffic and pricing.

• Consider expenses such as ingredients, rent, utilities, and labor costs.

• Evaluate the location's foot traffic and potential for growth.

• Assess the vendor's customer base and loyalty.

• Analyze competition in the area and pricing stra...read more
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Simple case study of maths apptitude percentage etc

Q1. Wat is FSI AND WHY 13 YEARS TRACE REQUIRED
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FSI stands for Financial Stress Index. 13 years trace is required to analyze long-term financial trends.
• FSI is a measure of financial stress in the economy, taking into account various indicators such as interest rates, credit spreads, and market volatility.

• Analyzing a 13-year trace allows for a comprehensive understanding of long-term financial trends and patterns.

• This long-term data helps in identifying potential ris...read more
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Q1. Basic details of personals
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Q2. Details about existing company and product discussion
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Q3. Basic details about products
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Q4. Basic synergy within team
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The company administers an aptitude and psychometric test.

Q1. Salary discussion and again basic details
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Q1. Branch credit manager muthoot finance work process
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Q2. Credit policy analysis
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Q3. Team management
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Q1. What is this CIBIL in customer
Ans. 
CIBIL is a credit information company that collects and maintains records of individuals' credit behavior.
• CIBIL stands for Credit Information Bureau (India) Limited.

• It provides credit scores and reports to lenders to help them assess the creditworthiness of potential borrowers.

• CIBIL scores range from 300 to 900, with higher scores indicating better creditworthiness.

• Lenders use CIBIL reports to make informed decisions o...read more
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Q2. What is this pramiry kyc and customer
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Primary KYC (Know Your Customer) is the initial process of verifying the identity of a customer before providing financial services.
• Primary KYC involves collecting basic information such as name, address, date of birth, and identification documents.

• It is a mandatory process for financial institutions to prevent money laundering and fraud.

• Customer due diligence is also conducted during primary KYC to assess the risk ass...read more
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