HDB Financial Services Salesman Interview Questions and Answers

Yes, I know how to calculate EMI.

• EMI stands for Equated Monthly Installment.

• It is calculated using the formula: EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

• P is the principal amount, R is the rate of interest, and N is the number of months.

• I have experience in calculating EMI for various loan products such as personal loans, home loans, and car loans.

Sales is the process of selling products or services to customers.

• Sales involves identifying potential customers and their needs.

• Salespeople use various techniques to persuade customers to make a purchase.

• Sales requires building relationships with customers and providing excellent customer service.

• Sales can involve negotiating prices, closing deals, and meeting sales targets.

• Sales can be done through various channels s...read more

Almost anyone can take loans depending on their eligibility and the lender's criteria.

• Individuals who meet the lender's eligibility criteria can take loans.

• Common types of loan borrowers include individuals, businesses, and organizations.

• Loan eligibility factors may include credit score, income, employment history, and collateral.

• Examples of loan borrowers include students taking education loans, entrepreneurs starting

The accept CTC package varies depending on the candidate's experience, skills, and the company's budget.

• Accepting a CTC package is a personal decision based on individual circumstances.

• Factors such as job responsibilities, growth opportunities, and benefits should also be considered.

• Negotiating the CTC package is common practice in the sales industry.

• Candidates may research industry standards and compare offers before