SMFG India Credit Interview Questions, Process, and Tips

Collection refers to the process of recovering payments from customers who have purchased goods or services on credit.

• Collection involves contacting customers who have overdue payments and reminding them to make the payment.

• It may involve negotiating payment plans or settlements with customers.

• Collection can be done through phone calls, emails, letters, or in-person visits.

• The goal of collection is to recover the outst...read more

Underwriting is the process of assessing the creditworthiness of a customer and determining the terms and conditions for providing finance.

• Underwriting involves evaluating the financial and personal information of a customer to determine their ability to repay a loan.

• The credit manager analyzes factors such as income, credit history, employment stability, and collateral to assess the risk associated with lending to a c...read more

My ambition is to excel in the field of credit management and contribute to the growth of your company.

• I have a strong passion for credit management and have set ambitious goals for myself in this field.

• I believe that your company has a strong reputation in the industry and offers great opportunities for career growth.

• I am impressed by the company's commitment to innovation and its focus on providing excellent customer...read more