Equitas Small Finance Bank Sales Manager Interview Questions and Answers

Yes, I have a proven track record of exceeding sales targets and leading successful sales teams.

• I have consistently exceeded sales targets in my previous roles.

• I have successfully led sales teams to achieve their goals.

• I have strong communication and negotiation skills, which are essential for sales management.

• I am familiar with sales strategies and techniques that drive results.

• I am confident in my ability to effectiv...read more

There are 10 DSAs currently handling sales.

• There are 10 DSAs in total

• Each DSA is responsible for handling sales activities

• The DSAs work together as a team to achieve sales targets

ULIPs are Unit Linked Insurance Plans that combine insurance and investment in a single plan.

• ULIPs offer both insurance coverage and investment options

• Policyholders can choose where to invest their premiums in various funds like equity, debt, or balanced funds

• ULIPs provide flexibility to switch between funds based on market conditions

• Returns on ULIPs are subject to market performance and policy charges

• Example: HDFC Lif

Tax on ULIPs is applicable as per the income tax laws in India.

• Tax on ULIPs is determined based on the premium amount paid and the maturity amount received.

• The premium paid towards ULIPs is eligible for tax deduction under Section 80C of the Income Tax Act.

• The maturity amount received from ULIPs is tax-free under Section 10(10D) of the Income Tax Act.

• Partial withdrawals from ULIPs may be subject to tax depending on the...read more