HDB Financial Services Interview Questions, Process, and Tips

Q1. Cibil explanation
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Q2. Underwriting explanation
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Underwriting explanation involves assessing risk and determining the terms of insurance policies.
• Underwriting involves evaluating the risk associated with insuring a person or entity.

• Factors considered in underwriting include age, health, occupation, and lifestyle.

• Underwriters use statistical models and historical data to predict the likelihood of a claim.

• The underwriting process helps determine the premium and coverag
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Q1. About your self
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Q2. About your knowledge
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Q3. What you know about sales
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Sales involves the process of identifying, attracting, and converting potential customers into actual buyers.
• Sales is about building relationships with customers and understanding their needs

• It involves effective communication and persuasion skills

• Sales also includes setting and achieving sales targets

• Utilizing various sales techniques such as cold calling, networking, and presentations

• Following up with leads and closi
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Q4. I am inthirakumar from dharmapuri i completedin b.com ca,I am 4 years experience inHDB financial services
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Q1. Tell me about your self
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I am a dedicated and detail-oriented professional with experience in collections and a strong commitment to achieving targets.
• I have X years of experience working in collections for XYZ company

• I am skilled in negotiating payment arrangements with customers

• I have a proven track record of meeting and exceeding collection targets

• I am highly organized and detail-oriented, ensuring accurate record-keeping and documentation
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Q2. About my project
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Normal question about company and other things

Q1. Previous experience
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Q2. Salary of previous organization
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He gave me some aptitude related logical reasoning and some basic mathematics questions i suppose anyone can do that

Q1. How to calculate EMI
Ans. 
EMI can be calculated using the formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
• EMI stands for Equated Monthly Installment

• EMI calculation involves principal amount, interest rate, and loan tenure

• Formula for EMI calculation: EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

• Example: If the principal amount is $100,000, interest rate is 10% per annum, and loan tenure is 5 years, EMI = [$100,000 x 0.10 x (1+0.10)^60] / [(1+0.10)^60-1]
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Q2. How to calculate number of EMIs
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EMIs can be calculated using the formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
• EMI = Equated Monthly Installment

• P = Principal loan amount

• R = Monthly interest rate (annual rate divided by 12)

• N = Number of EMIs or loan tenure

• Use the above formula to calculate EMIs for a given loan amount, interest rate, and tenure
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Q1. What is your career goal
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My career goal is to become a senior CRM executive in a reputable company, where I can utilize my skills to drive customer engagement and loyalty.
• Continue to develop my expertise in CRM strategies and technologies

• Lead successful CRM campaigns that drive customer retention and satisfaction

• Collaborate with cross-functional teams to optimize customer experiences

• Seek opportunities for professional growth and advancement wi
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Q2. Why should be hire you
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I have a strong background in CRM strategy and implementation, with a proven track record of driving customer engagement and increasing revenue.
• I have X years of experience in CRM roles, including implementing successful CRM strategies at my previous company.

• I have a deep understanding of customer behavior and segmentation, allowing me to tailor CRM campaigns for maximum impact.

• I have consistently met or exceeded KPIs ...read more
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Q3. Tell me about yourself
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Experienced CRM Executive with a strong background in customer relationship management and data analysis.
• Over 5 years of experience in CRM roles

• Proficient in CRM software such as Salesforce and HubSpot

• Skilled in analyzing customer data to improve retention and engagement

• Successfully implemented targeted marketing campaigns to increase customer loyalty

• Strong communication and interpersonal skills
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Q4. Do you know what financial services do
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Financial services refer to services provided by the finance industry, including banking, investment, insurance, and more.
• Financial services encompass a wide range of services provided by the finance industry

• Examples include banking services, investment services, insurance services, and financial planning services

• These services help individuals and businesses manage their money, assets, and investments

• Financial service...read more
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Q1. Work Experience in Credit
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Q2. Current CTC now
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My current CTC is $70,000 per year.
• My current CTC is $70,000 per year

• I am currently earning $5,833 per month

• I received a salary hike last year, bringing my CTC to $70,000
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Q3. Current company Notice period
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My current company has a notice period of 30 days.
• Notice period at current company is 30 days

• Standard notice period in the industry is usually 30-60 days

• Some companies may have longer notice periods based on seniority or position
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