HGS TECHNOLOGIES Interview Questions and Answers

The loan process involves applying for a loan, approval based on creditworthiness, signing a loan agreement, and repaying the loan with interest.

• Application: Submitting a loan application with personal and financial information.

• Approval: Lender reviews credit score, income, and debt-to-income ratio to determine eligibility.

• Agreement: Signing a loan agreement outlining terms and conditions of the loan.

• Repayment: Borrower makes regular payments to repay the loan amount plus int...read more

To proceed a loan, one must first submit an application and meet the lender's requirements.

• Submit a loan application with all required documents

• Meet the lender's eligibility criteria such as credit score, income, and employment status

• Wait for the lender to review the application and make a decision

• If approved, sign the loan agreement and receive the funds

• Start making repayments according to the agreed terms

PAN is a unique 10-digit alphanumeric number issued by the Income Tax Department, while Aadhar is a 12-digit unique identification number issued by the UIDAI.

• PAN is primarily used for financial transactions and tax purposes, while Aadhar is used for identification and authentication.

• PAN is issued by the Income Tax Department, while Aadhar is issued by the Unique Identification Authority of India (UIDAI).

• PAN is mandatory for filing income tax returns, opening bank accounts, an...read more

Permanent Account Number

• Unique 10-digit alphanumeric code issued by the Income Tax Department in India

• Used for financial transactions and tax purposes

• Example: ABCDE1234F

I am a Customer Service Executive.

• My job is to provide assistance and support to customers.

• I handle customer inquiries, complaints, and feedback.

• I ensure customer satisfaction and retention.

• I may also be responsible for sales and upselling.

• Examples of industries I may work in include retail, hospitality, and telecommunications.