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IDBI Bank Summer Intern Interview Questions and Answers

Updated 16 Apr 2022

IDBI Bank Summer Intern Interview Experiences

2 interviews found

Summer Intern Interview Questions & Answers

user image Anonymous

posted on 16 Apr 2022

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 - Aptitude Test 

.

Round 3 - One-on-one 

(1 Question)

  • Q1. Formal introduction about education background

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confidant, banking knowledge ,

Summer Intern Interview Questions & Answers

user image Anonymous

posted on 27 Aug 2017

I appeared for an interview in Mar 2017.

Interview Questionnaire 

3 Questions

  • Q1. How will you convince your potential customers to open account in this bank?
  • Ans. 

    We will convince potential customers to open an account in this bank by highlighting our competitive interest rates, personalized customer service, and innovative digital banking solutions.

    • Emphasize competitive interest rates to attract customers looking for better returns on their savings.

    • Highlight personalized customer service to build trust and establish long-term relationships with customers.

    • Showcase innovative dig...

  • Answered by AI
  • Q2. What are the factors should be set to know customer are satisfied by bank services?
  • Ans. 

    Factors to determine customer satisfaction with bank services

    • Customer feedback and surveys

    • Number of complaints and their resolution

    • Response time to customer queries and issues

    • Availability of multiple channels for customer support

    • Ease of use and convenience of banking services

    • Competitive interest rates and fees

    • Personalized and tailored banking experience

    • Transparency in transactions and account information

    • Security measur...

  • Answered by AI
  • Q3. Check the pricing strategy of the bank and tell all the lacks and how can we improve it?
  • Ans. 

    The bank's pricing strategy lacks transparency and flexibility, which can be improved by implementing tiered pricing and offering personalized packages.

    • Lack of transparency in pricing: The bank should provide clear and easily understandable pricing information to customers.

    • Lack of flexibility in pricing: The bank should offer different pricing options to cater to the diverse needs of customers.

    • Implement tiered pricing:...

  • Answered by AI

Interview Preparation Tips

Round: Resume Shortlist
Experience: I applied through a reference from my friend and got an email for an interview. The First round was mainly introduction and about myself and all about the details mentioned in my resume.
Tips: just be confident.

Round: HR Interview
Experience: In this round, all general questions about the bank strategy were asked to add more customers to bank and all about the bank services and interest rates etc.
Tips: Know all about the company, bank before attending the interview.

Round: Case Study Interview
Experience: In this round, I was given the task to check all the charges which bank put on customers for different services like, annual account charge, SMS charge, atm charge, loan interest rate etc and compare it to other banks and suggest some changes which can help to bring more customers to the bank.
Tips: know all about the bank before held it will ease your work in the interview.

College Name: Birla Global University

Summer Intern Interview Questions Asked at Other Companies

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Q5. Draw stress strain curve and show important points.

Interview questions from similar companies

I applied via Campus Placement and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your summer internship in UG
  • Q2. Explain different types of retail loans
  • Ans. 

    Retail loans are loans given to individuals for personal use. There are different types of retail loans based on the purpose of the loan.

    • Home loans - for purchasing or constructing a house

    • Vehicle loans - for purchasing a car or bike

    • Personal loans - for any personal expenses like medical bills, travel, etc.

    • Education loans - for funding education expenses

    • Gold loans - for taking a loan against gold as collateral

    • Consumer d...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are an MBA student (fresher) then knowing well about your fundamentals and past internship experience is very important. Also communication skills are very important. Know about different types of loans, especially for a risk role.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before May 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

30 MCQ questions and 2 coding question

Round 2 - Technical 

(2 Questions)

  • Q1. Questions related to DBMS sql queries oops and java was asked.
  • Q2. Resume based questions , project questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be true to your resume.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Nov 2022. There were 4 interview rounds.

Round 1 - Aptitude Test 

It was a Pymetrics test followed by MCQ situation based questions

Round 2 - Coding Test 

It was Coding round of 2 Questions on Hackerrank

Round 3 - Technical 

(1 Question)

  • Q1. Questions on Binary trees ,2-D DP and Linked List
Round 4 - HR 

(1 Question)

  • Q1. Why standard chartered

Interview Preparation Tips

Topics to prepare for Standard Chartered Summer Intern interview:
  • Data Structures
  • Algorithms

Summer Intern Interview Questions & Answers

Yes Bank user image Bhagyashree Kulkarni

posted on 5 Jul 2017

I appeared for an interview in Sep 2016.

Interview Questionnaire 

2 Questions

  • Q1. Asked for marketing strategies on how the company can improve the business of its current account customers
  • Q2. Asked family related questions and past records of under graduation and why Yes Bank

Interview Preparation Tips

Round: Resume Shortlist
Experience: The company shortlisted candidates based on their requirements as per job profile

College Name: IMI New Delhi

I applied via Campus Placement and was interviewed before Apr 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Resume Explanation
  • Q2. Details about IDFC BAK like CEO Name and Branch location

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare your resume thoroughly, google basic knowledge of Bank

I applied via Naukri.com and was interviewed in Jul 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Scenario based questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - I had two rounds of technical interviews.1st round was on secondary skill and 2nd round On my primrary skill next day. Questions were conceptual and scenario based. Not a straight forward. The answers may differ but need to satisfy the interviewer's scrnario/purpose.

Once you crack both of them you will get HR call to discuss more on you and salary etc. You will get offer after almost 1 month as it takes time to get approvals.

All the best!

I applied via Naukri.com and was interviewed in Dec 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Tell me about yourself
  • Q2. What do you know about banking/credit cards
  • Ans. 

    Banking involves managing financial transactions, while credit cards allow users to borrow money for purchases.

    • Banking involves depositing and withdrawing money, managing accounts, and providing loans.

    • Credit cards allow users to borrow money for purchases and pay it back with interest.

    • Credit cards often come with rewards programs or cash back incentives.

    • Credit card debt can accumulate quickly and lead to financial diff

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Telephonic interview and face to face interview was taken. Overall smooth interview process, and asked about credit cards and banking industry for interview questions

I applied via Walk-in and was interviewed before Oct 2021. There were 2 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 - HR 

(2 Questions)

  • Q1. About salary negotiantion, communication skill
  • Q2. Abt company overview.communication skill

Interview Preparation Tips

Interview preparation tips for other job seekers - Well prepared on company overview. Communicatiom skill

IDBI Bank Interview FAQs

How many rounds are there in IDBI Bank Summer Intern interview?
IDBI Bank interview process usually has 3 rounds. The most common rounds in the IDBI Bank interview process are Resume Shortlist, Aptitude Test and One-on-one Round.
What are the top questions asked in IDBI Bank Summer Intern interview?

Some of the top questions asked at the IDBI Bank Summer Intern interview -

  1. How will you convince your potential customers to open account in this ba...read more
  2. What are the factors should be set to know customer are satisfied by bank servi...read more
  3. Check the pricing strategy of the bank and tell all the lacks and how can we im...read more

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IDBI Bank Summer Intern Reviews and Ratings

based on 4 reviews

4.9/5

Rating in categories

4.9

Skill development

4.7

Work-life balance

4.8

Salary

4.8

Job security

4.8

Company culture

4.8

Promotions

4.5

Work satisfaction

Explore 4 Reviews and Ratings
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