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IDBI Bank Business Development Executive Interview Questions and Answers

Updated 29 Apr 2024

IDBI Bank Business Development Executive Interview Experiences

2 interviews found

Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Asset management

I applied via Referral

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Marketing strategy , Consumer behaviour, Cyber security What is ‘Fixed’ APR and ‘Variable’ APR?
  • Q2. What is consumer bank?
  • Ans. 

    Consumer bank is a financial institution that provides services and products to individual customers.

    • Offers services such as savings accounts, checking accounts, loans, credit cards, and mortgages

    • Focuses on meeting the financial needs of individual customers rather than businesses

    • Examples include Bank of America, Chase, and Wells Fargo

  • Answered by AI
  • Q3. Stock market management syste

Interview Preparation Tips

Interview preparation tips for other job seekers - Update marketing strategy ,
Consumer awareness
Cyber cell

Business Development Executive Interview Questions Asked at Other Companies

asked in BYJU'S
Q1. scenario based: if I am a teacher in a government school and my c ... read more
asked in BYJU'S
Q2. Suppose I am parent of a kid who is in class 6th convince me to b ... read more
Q3. 3. Sell me "xxxx" Product (product, for which I was hired in my l ... read more
asked in Unacademy
Q4. How would you differentiate Conveying and Convincing in Sales?
Q5. How do you differentiate between customers

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is banking? Why sales? What is loan according to you? Background ? About myself Favourite subject while during MBA
  • Q2. What is current account, difference between CA & SA What is financial modeling? On which company FM you have done as because I did have earned certificate into it and so were asked Why should we hire you?
  • Ans. 

    Current account is a type of bank account that allows unlimited withdrawals and deposits, while savings account has restrictions. Financial modeling involves creating a mathematical representation of a company's financial performance.

    • Current account allows unlimited transactions, while savings account has restrictions on withdrawals.

    • Financial modeling involves creating projections of a company's financial performance b...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be real, should have complete knowledge about banking and banks products as well as company products
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Nov 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Personal information, job experience
  • Q2. Why banking you choose?
Round 2 - One-on-one 

(2 Questions)

  • Q1. Expected vision of next 5 years?
  • Q2. What is small finance bank?
  • Ans. 

    Small finance banks are financial institutions that provide basic banking services to small businesses and low-income individuals.

    • Small finance banks focus on providing financial services to underserved and unserved sections of the population.

    • They offer services such as savings accounts, fixed deposits, loans, and payment services.

    • These banks have a minimum capital requirement of Rs. 200 crore.

    • Examples of small finance...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Having primary knowledge about banking is must. You must be confident enough to face questions etc.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Working experience
  • Q2. Previous organisation
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before May 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Strategy for sales, customer service related queries
Round 3 - HR 

(1 Question)

  • Q1. Reasons to move to Mumbai

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm and confident.
If you have done sales then it is all about number projections.

I applied via Referral and was interviewed in Aug 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Qualification and old company business

Interview Preparation Tips

Interview preparation tips for other job seekers - Business analyst and good communication skills
Interview experience
4
Good
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Oct 2023. There was 1 interview round.

Round 1 - Group Discussion 

I have to do a pivot table
Solve the advance excel sheet to check my excel level
This was a contractual job for 1 yr

I applied via Recruitment Consultant and was interviewed in Jul 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Shelf introduction, experience review confidential .
  • Ans. Nothing to worry be confidential with ur interviewer
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident wear a good dress and answer wt u know with interviewer questions ,.

I applied via Walk-in and was interviewed in Dec 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Group Discussion 

Question asked related to bank and products of Bank it's a face to face interview.

Interview Preparation Tips

Interview preparation tips for other job seekers - Kindly go through products and keep updated yourself.

IDBI Bank Interview FAQs

How many rounds are there in IDBI Bank Business Development Executive interview?
IDBI Bank interview process usually has 1-2 rounds. The most common rounds in the IDBI Bank interview process are Resume Shortlist, One-on-one Round and HR.
What are the top questions asked in IDBI Bank Business Development Executive interview?

Some of the top questions asked at the IDBI Bank Business Development Executive interview -

  1. What is consumer ba...read more
  2. Marketing strategy , Consumer behaviour, Cyber security What is ‘Fixed’ AP...read more
  3. Stock market management sy...read more

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IDBI Bank Business Development Executive Interview Process

based on 1 interview

Interview experience

2
  
Poor
View more
IDBI Bank Business Development Executive Salary
based on 144 salaries
₹1.1 L/yr - ₹3.6 L/yr
28% less than the average Business Development Executive Salary in India
View more details

IDBI Bank Business Development Executive Reviews and Ratings

based on 36 reviews

4.1/5

Rating in categories

3.9

Skill development

3.8

Work-life balance

3.5

Salary

2.8

Job security

3.9

Company culture

3.0

Promotions

3.7

Work satisfaction

Explore 36 Reviews and Ratings
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