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CredRight Finance Branch Manager Interview Questions and Answers
CredRight Finance Branch Manager Interview Experiences
2 interviews found
Anonymous
(2 Questions)
- Q1. Work experience
- Q2. What is Previous CTC
- Ans.
Previous CTC refers to the candidate's previous salary or compensation package.
Previous CTC is the candidate's current or most recent salary before applying for the new position.
It helps the employer understand the candidate's salary expectations and negotiating power.
Candidates may choose to disclose their Previous CTC during the interview process.
Employers may use Previous CTC information to determine the candidate's...
Interview Preparation Tips
Selected
I applied via Approached by Company and was interviewed in May 2023. There were 3 interview rounds.
(1 Question)
- Q1. About experience
(1 Question)
- Q1. Sales experience
- Ans.
I have over 5 years of sales experience in various industries, consistently exceeding targets and building strong client relationships.
Managed a sales team of 10 individuals, increasing revenue by 20% in one year
Implemented new sales strategies that resulted in a 30% growth in customer base
Won 'Top Salesperson of the Year' award for exceeding sales targets by 40%
Interview Preparation Tips
Interview questions from similar companies
I applied via Job Portal and was interviewed before Aug 2020. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Meaning of dpd
- Ans.
DPD stands for Days Past Due, a measure of how many days a payment is overdue.
DPD is commonly used in credit management to assess the risk of late payments.
It is calculated by counting the number of days between the due date and the actual payment date.
For example, if a payment was due on January 1st and was paid on January 15th, the DPD would be 14.
DPD can be used to determine the interest or penalty charges for late ...
- Q2. How to calculate margin
- Ans.
Margin is calculated by subtracting the cost of goods sold from the revenue and dividing the result by revenue.
Margin = (Revenue - Cost of Goods Sold) / Revenue
Revenue is the total amount of money earned from sales
Cost of Goods Sold is the total cost of producing or purchasing the goods sold
Margin is expressed as a percentage or a decimal
Example: If revenue is $10,000 and cost of goods sold is $7,000, then margin is ($
Interview Preparation Tips
I applied via Referral and was interviewed before Oct 2020. There was 1 interview round.
Interview Questionnaire
3 Questions
- Q1. Experience related to business loan
- Q2. Can lead a team
- Q3. How many dsa known
- Ans.
I'm sorry, I don't understand the question. Could you please clarify?
Please provide more context or information about 'dsa'.
I am not familiar with the term 'dsa'.
Without more information, I cannot answer this question.
Interview Preparation Tips
Selected
I applied via Approached by Company and was interviewed before May 2022. There were 2 interview rounds.
(2 Questions)
- Q1. About your work experience, your strategy for work. Team handling. Data presentation.
- Q2. How do you increase the performance of your area and allocation. How will you handled your geographical issues.
- Ans.
To increase performance, I would focus on setting clear goals, providing training and support, implementing effective communication channels, and regularly evaluating progress.
Set clear goals and expectations for the team
Provide training and support to enhance skills and knowledge
Implement effective communication channels to ensure smooth coordination
Regularly evaluate progress and provide feedback for improvement
Interview Preparation Tips
- Team Management
- Stress Management
- Sound knowledge of your area
I was interviewed in May 2021.
(2 Questions)
- Q1. Tell them about your role and the process
- Q2. They will put some case studies and you have to answer it logically
Interview Preparation Tips
(3 Questions)
- Q1. Job experiences
- Q2. Understanding of product
- Q3. Market references
(3 Questions)
- Q1. Understanding of product
- Q2. Market knowledge
- Q3. Job experiences
Interview Preparation Tips
I applied via Approached by Company and was interviewed in Jul 2022. There was 1 interview round.
(2 Questions)
- Q1. Tell me about yourself
- Q2. What are the red flags while checking applicant's or firm’s banking
- Ans.
Red flags while checking applicant's or firm's banking
Frequent overdrafts or bounced checks
Unexplained large deposits or withdrawals
Multiple accounts with low balances
History of late payments or delinquencies
Suspicious activity such as money laundering or fraud
Negative information from credit reports
Inconsistent information provided on applications
Interview Preparation Tips
- Credit Analysis
- Business Loan
Selected
I applied via Referral and was interviewed before Jan 2024. There was 1 interview round.
(2 Questions)
- Q1. Few Financials Terminologies were asked
- Q2. Types of Loan
- Ans.
Types of loans include personal loans, home loans, auto loans, and student loans.
Personal loans are unsecured loans that can be used for various purposes.
Home loans are used to purchase a home or real estate property.
Auto loans are used to finance the purchase of a vehicle.
Student loans are used to pay for education expenses.
Interview Preparation Tips
Selected
I applied via Campus Placement and was interviewed in Jul 2023. There were 2 interview rounds.
(1 Question)
- Q1. JD related question
(1 Question)
- Q1. Scenario based question
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CredRight Finance Branch Manager Interview Process
based on 2 interviews
Interview experience
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CredRight Finance Branch Manager Reviews and Ratings
based on 4 reviews
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4
salaries
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