Hero FinCorp Seles Executive Interview Questions and Answers

Home loan policies vary by lender but typically involve borrowing a sum of money to purchase a property, with the property serving as collateral.

• Home loan policies differ among lenders in terms of interest rates, repayment terms, and eligibility criteria.

• Borrowers usually need to make a down payment and pay closing costs when obtaining a home loan.

• The property being purchased serves as collateral for the loan, meaning ...read more

Criteria for home loan process include credit score, income verification, employment history, and property appraisal.

• Credit score is a major factor in determining eligibility for a home loan.

• Income verification is necessary to ensure the borrower can afford the loan.

• Employment history is considered to assess stability and ability to repay the loan.

• Property appraisal is conducted to determine the value of the property b

Documents required for a home loan process include proof of identity, income, residence, property documents, and bank statements.

• Proof of identity (such as Aadhar card, passport, or driver's license)

• Proof of income (such as salary slips, income tax returns, or bank statements)

• Proof of residence (such as utility bills or rental agreement)

• Property documents (such as sale deed, NOC, or property tax receipts)

• Bank statement...read more

I will use a consultative approach to understand their previous finance and offer tailored solutions.

• Ask open-ended questions to understand their previous finance

• Listen actively to their responses and concerns

• Offer tailored solutions based on their specific needs

• Provide clear and concise explanations of the solutions

• Follow up to ensure their satisfaction

Two wheeler sales refers to the sales of motorcycles, scooters, and other two-wheeled vehicles.

• Two wheeler sales include motorcycles, scooters, mopeds, and other similar vehicles.

• It is a segment of the automotive industry that focuses on two-wheeled vehicles.

• Two wheeler sales are influenced by factors such as fuel efficiency, affordability, and style.

• Popular two wheeler brands include Honda, Yamaha, Suzuki, and Harley-

Types of sales include direct sales, indirect sales, inside sales, outside sales, and online sales.

• Direct sales involve selling products or services directly to customers, such as door-to-door sales.

• Indirect sales involve selling products or services through intermediaries, such as wholesalers or retailers.

• Inside sales refer to sales made remotely, typically over the phone or through online channels.

• Outside sales invol...read more