ICICI Bank Bank Sales Officer Interview Questions and Answers

Yes, provident fund (p.f.) deductions are typically included in an employee's salary.

• Provident fund (p.f.) deductions are a common component of an employee's salary in many organizations.

• The amount deducted for p.f. is usually a fixed percentage of the employee's basic salary.

• Employers may also contribute a matching amount to the employee's p.f. account.

• P.f. deductions are meant to provide financial security to employe

The transfer process involves moving funds or assets from one account to another within the same bank or between different banks.

• Transfer can be done through online banking, mobile banking, ATM, or in-person at a branch.

• Customers need to provide details such as account numbers, recipient's name, and amount to be transferred.

• Transfers may be immediate or take a few business days depending on the method chosen and the re...read more

Promotion process involves evaluating employee performance, potential, and qualifications to determine eligibility for advancement.

• Promotion process typically starts with an evaluation of the employee's performance in their current role.

• Potential for advancement and qualifications for the desired position are also taken into consideration.

• Employees may need to undergo interviews, assessments, or evaluations to determin...read more