Axio Banking Officer Interview Questions and Answers

DPD stands for Days Past Due, which is a measure used in banking to indicate the number of days a payment is overdue.

• DPD is a common term used in the banking industry.

• It is used to measure the number of days a payment is overdue.

• It helps banks assess the creditworthiness of borrowers.

• For example, if a borrower has a DPD of 30, it means their payment is 30 days overdue.

• Banks use DPD to track and manage delinquent accoun

If a customer does not make the payment, I will follow a series of steps to address the issue and ensure payment is received.

• Contact the customer to remind them of the outstanding payment

• Offer alternative payment options or negotiate a payment plan

• Escalate the issue to a supervisor or collections department if necessary

• Consider legal action as a last resort