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IDBI Bank Summer Intern Interview Questions and Answers for Freshers

Updated 16 Apr 2022

IDBI Bank Summer Intern Interview Experiences for Freshers

1 interview found

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

Interview questions from similar companies

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
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

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.

I applied via Campus Placement and was interviewed before Apr 2020. There were 4 interview rounds.

Interview Questionnaire 

9 Questions

  • Q1. Why Should we hire you?
  • Q2. Tell me you ability to work under pressure?
  • Q3. What are your expectations from job?
  • Q4. Describe your management style?
  • Q5. How long would you expect to work for us if hired?
  • Q6. How do you see yourself 5 years from now?
  • Q7. What is your weakness?
  • Q8. What is your strength?
  • Q9. Do you have any questions for us?

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be confident, when you step in that room/ cabin just be sure these 20 minutes are mine and i ll gona rock them. They only hire attitude, confidence cz they can give you knowledge by hiring but they can not give you attitude or confidence. It should be in your life style.

I applied via Referral

Interview Questionnaire 

3 Questions

  • Q1. Puzzles
  • Q2. Financial Derivatives questions
  • Q3. HR questions

Interview Preparation Tips

Round: Technical Interview
Experience: I think they were looking for A bit of quant smartness, else mostly culture fit and a strong resume.
Tips: Be calm and confident and honest.

Skills: Finance Basics, Puzzle Solving Capability
College Name: IIM Bangalore

Associate Interview Questions & Answers

Deutsche Bank user image Ashish Viswananthan

posted on 5 Dec 2015

I applied via Walk-in

Interview Questionnaire 

6 Questions

  • Q1. Personals (tell me about yourself, couple of short questions from resume
  • Q2. Lots of personals about why markets (why not consulting too!), why Deutsche etc
  • Q3. Couple of puzzles (reasonably simple)
  • Q4. Some problems on hedging using futures, FX exposure, credit exposure etc. Interest rates, currencies, some macro gyaan
  • Q5. Good no. of questions on subprime crisis (both factual and also interpretation based questions like „What would you do if you were Ben Bernanke and you found out about all this in 2007‟)
  • Q6. Couple of questions testing knowledge of capital markets etc („If I were an FII with 100 million dollars, where should I invest it today?‟ etc)

Interview Preparation Tips

Round: Technical Interview
Experience: I think they were looking for Analytical ability (more in terms of thought process of approaching a problem), good awareness of financial crisis and general gyaan and willingness to work in markets (i.e. how convincing my reasons were etc). I wasn‟t tested too much on derivatives and puzzles, but I believe a few others had lots of questions in this area.

I think the personals & financial crisis questions went very well, pretty decent with the puzzles too. Started a bit slowly on the problems, but was able to arrive at the solution quickly once I had the hang of the question.
Tips: I prepared pretty well for derivatives & financial crisis. Though my approach was not very quick for the former, this was not a problem because I was not hurried for these questions and they were also seeing how I was approaching the solution. I was well prepared with the personals section – very clear on why I wanted markets, not consulting etc and I think I gave them nearly 6 reasons for Why Deutsche 

Round: Technical Interview
Tips: For most banks, and for Deutsche especially, be prepared with personals at three levels (Tell me about yourself etc | Why markets, why not consult / IBD etc | Why Deutsche). I had done my homework by speaking to seniors in this respect and I think
Name
Ashish Viswanathan
Educational Qualification
B. Tech Chemical Engineering, IIT Madras
Workex
Shell Global Solutions (1 year)
Summers Company & Role
Deutsche Bank Global Markets, London Associate

Networth Fin Summers Guide 2010 6 | P a g e
my clarity of thought on these questions clinched it.

Round: Technical Interview
Tips: Make sure you understand what you are preparing in case of derivatives. Don‟t get caught up and confused by the math, learn the basics of why and how the derivatives work

Round: Technical Interview
Tips: Make sure you are well prepared with financial crisis / current affairs / bailout and efforts to fight the crisis. Have an opinion on issues like „Do you think it was right to not bail out Lehman?‟ etc and be prepared to defend your opinion

Skill Tips: Curiosity, “can-do” attitude, Gyaan on derivatives, basic excel skills, willingness to learn in a sometimes chaotic environment
Skills: basic excel skills, Curiosity To Learn
College Name: IIM Bangalore

I applied via Referral and was interviewed before Jun 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. What is trigger
  • Ans. 

    A trigger is a database object that automatically executes a response to certain events.

    • Triggers are used to maintain data integrity and consistency.

    • They can be used to enforce business rules and perform complex calculations.

    • Examples include triggering an email notification when a new record is inserted, or updating a related record when a primary record is modified.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident

Skills evaluated in this interview

IDBI Bank Interview FAQs

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

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

  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

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