Hero Housing Finance Branch Credit Manager Interview Questions and Answers

Q1. What is DSCR? How is it important?
Ans. 
DSCR stands for Debt Service Coverage Ratio. It is a financial metric used to evaluate a company's ability to pay its debt obligations.
• DSCR is calculated by dividing a company's operating income by its total debt service obligations.

• A DSCR of 1 or higher indicates that a company is generating enough income to cover its debt payments.

• Lenders often use DSCR to assess the creditworthiness of a borrower before extending a ...read more
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Q2. What ratios are important and why?
Ans. 
Important ratios for credit analysis include debt-to-equity, current ratio, and interest coverage ratio.
• Debt-to-equity ratio: Indicates the proportion of debt used to finance a company's assets. A lower ratio is generally preferred.

• Current ratio: Measures a company's ability to cover its short-term liabilities with its short-term assets. A ratio above 1 is ideal.

• Interest coverage ratio: Shows a company's ability to pay...read more
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Q1. Tell me something about yourself?
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Q2. What did you do in your last organisation?
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There will be some question related to aptitude you to clear it for 2nd round

Q1. Hr will connect you for introduction and basic info and payout
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Q1. Final round will be conduct by process manager
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Q1. Relevant job experience
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Q2. How credit cards works
Ans. 
Credit cards allow consumers to borrow money from a bank or financial institution to make purchases.
• Credit cards have a credit limit, which is the maximum amount of money that can be borrowed.

• When a purchase is made using a credit card, the bank or financial institution pays the merchant on behalf of the consumer.

• The consumer then has to pay back the borrowed amount, along with any interest and fees, to the bank or fin...read more
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Q3. Team handling experience
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