Equitas Small Finance Bank Senior Officer Interview Questions and Answers for Experienced

All the rounds is easy.. be bold and have good communication skills..

Q1. Technical round also easy
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Q2. How do bank customes benefits from overdrafts protection..
Ans. 
Bank customers benefit from overdraft protection by avoiding declined transactions and potential fees.
• Avoid declined transactions due to insufficient funds

• Prevent potential fees for bounced checks or declined transactions

• Provide peace of mind for customers in case of emergencies

• Help customers maintain their financial reputation

• Allow customers to access funds temporarily beyond their account balance
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Q3. Banking software applications
Ans. 
Banking software applications are specialized programs used by banks to manage customer accounts, transactions, and other financial activities.
• Banking software applications help banks streamline their operations and provide better services to customers.

• These applications often include features such as online banking, mobile banking, ATM management, and fraud detection.

• Examples of popular banking software applications i
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Q4. Annual percentage rate and how it calculate
Ans. 
Annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment, calculated as a percentage of the total loan amount.
• APR includes not only the interest rate, but also any additional fees or costs associated with the loan.

• It is calculated by taking into account the total cost of the loan over a year, including interest and fees, and then expressing it as a percentage of the loan amo...read more
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Q1. Tell us your last work experience ?
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Q2. Why are you joining the bank sector?
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Regional and Aptitude Maths

Q1. Knowledge about Cash Management?
Ans. 
Cash management refers to the process of managing cash flows, liquidity, and working capital within an organization.
• Cash management involves monitoring and controlling cash inflows and outflows.

• It includes activities such as cash forecasting, cash pooling, and cash positioning.

• Effective cash management helps optimize liquidity, minimize borrowing costs, and reduce the risk of cash shortages.

• Cash management techniques m...read more
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Q2. Will do Long time or Time expend.?
Ans. 
The question is unclear and does not make sense.
• The question is grammatically incorrect and lacks clarity.

• It is difficult to understand the intended meaning of 'Long time or Time expend'.

• There is no context provided for the question.

• It is not clear what the interviewer is asking for.

• It is recommended to seek clarification from the interviewer.
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Q1. About my past experience and why I left the previous job.
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Q1. About the work and why I want to join?
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Q2. Personal detail like family occupation, education
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Just normal reasoning and quantitative aptitude

Q1. Tell me about yourself
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Q2. How to work cheque clearing system
Ans. 
Cheque clearing system involves processing of cheques by banks to ensure funds transfer between accounts.
• Cheques are deposited in the bank of the payee

• The bank sends the cheques to the clearinghouse for processing

• The clearinghouse sorts the cheques and sends them to the respective banks for payment

• The banks verify the funds and process the payment

• The payee's account is credited and the payer's account is debited

• The pro...read more
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Q3. How to manage your work
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Details about branch locations

Q1. Introduction and some personal questions?
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Q2. Ur privious work and designation?
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