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IDBI Bank Concurrent Audit Assistant Interview Questions and Answers

Updated 27 Mar 2024

IDBI Bank Concurrent Audit Assistant Interview Experiences

1 interview found

Concurrent Audit Assistant Interview Questions & Answers

user image Damayanti Banerjee

posted on 27 Mar 2024

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

I applied via campus placement at Mumbai University and was interviewed in Sep 2023. There was 1 interview round.

Round 1 - One-on-one 

(6 Questions)

  • Q1. Tell us about yourself & past experience?
  • Q2. What do you know about Concurrent Sales Audits in Banking?
  • Ans. 

    Concurrent Sales Audits in Banking are real-time audits conducted to ensure accuracy and integrity of sales transactions.

    • Concurrent Sales Audits are conducted simultaneously with the sales transactions to detect any discrepancies or fraud in real-time.

    • These audits help in ensuring compliance with regulatory requirements and internal policies.

    • They involve reviewing sales transactions, verifying documentation, and reconc...

  • Answered by AI
  • Q3. How did you know about us, (Referral Card) Muthusivasubramanian Assistant General Manager Service & Operations Manager IDBI Bank Management Sanpada Branch?
  • Q4. Do you have any Questions for us, (When is the Product Training of IDBI Bank Management Starting April 2024in IDBI Bank Sanpada Branch)?
  • Q5. Panel Discussion
  • Q6. My KYC Documents Verification

Interview Preparation Tips

Interview preparation tips for other job seekers - Do insight sales

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected

I applied via Walk-in and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is the expected GDP of India? Ans-India's economic growth is expected to accelerate to 6.7 per cent in the second half (H2) of the fiscal year, bringing the full-year 2024-25 GDP growth to 6.4 per cen...
  • Q2. 2) Tell me the process of deceased claim in without nominee case? claim process in without nominee case Ans- We will process deceased claim.in the favor of regal hire in the case of absence of nomination.
Round 2 - One-on-one 

(1 Question)

  • Q1. Tell me the process of deceased claim in without nominee case? claim process in without nominee case
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Sep 2023. 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 

(3 Questions)

  • Q1. 1. Cash related Circular
  • Ans. Read all recent news and Circular.
  • Answered Anonymously
  • Q2. Audit and branch control
  • Ans. Read last year audit report and related Circular
  • Answered Anonymously
  • Q3. Why you are changing job, where you got promoted?
  • Ans. 

    I am changing jobs because I am seeking new challenges and opportunities for growth.

    • Seeking new challenges and opportunities for growth

    • Wanting to expand my skillset and knowledge

    • Looking for a better work-life balance

    • Desire for a change in company culture or environment

    • Wanting to work in a different industry or sector

  • Answered by AI
Round 3 - HR 

(2 Questions)

  • Q1. Are you comfortable for relocation?
  • Ans. 

    Yes, I am comfortable with relocation.

    • I am open to new opportunities and experiences in different locations.

    • I have previously relocated for work and adapted well to new environments.

    • I am willing to relocate for career growth and advancement.

    • I understand the challenges and adjustments that come with relocation and I am prepared to handle them.

    • I am excited about the possibility of exploring a new city and building a netw

  • Answered by AI
  • Q2. Salary revision and promotion related questions
  • Ans. You can openly discuss with HR regarding this.
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Never hesitate for relocation for growth and preparation is must.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jun 2023. There were 3 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 - Aptitude Test 

Aptitude test based on our leadership skills.

Round 3 - One-on-one 

(2 Questions)

  • Q1. Skill test done on face to face interview.
  • Q2. Face to Face all your previous experiences tests here.

Interview Preparation Tips

Interview preparation tips for other job seekers - Money minded and sales skill peoples make use this Bank. They are paying more incentives and Bonous.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
6-8 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before May 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

IBPS examination among 1 Million aspirants

Round 2 - Group Discussion 

GD on social topics like nihility of modern existence

Interview Preparation Tips

Interview preparation tips for other job seekers - Kepp it cool
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your self
  • Q2. What do you know about banking
  • Ans. 

    Banking involves financial services such as deposits, loans, investments, and transactions.

    • Banking involves accepting deposits from customers and providing loans to individuals and businesses.

    • Banks also offer various financial products and services such as savings accounts, credit cards, and investment options.

    • Banking transactions can be conducted through branches, ATMs, online banking, and mobile apps.

    • Banks play a cru...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in Jan 2024. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. For CIBIL REPORT

Interview Preparation Tips

Interview preparation tips for other job seekers - Good
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Apr 2023.

Round 1 - Aptitude Test 

Reasoning, numerical ability, Management ability

Round 2 - One-on-one 

(4 Questions)

  • Q1. State head interview
  • Q2. About years of experience
  • Q3. Process level check
  • Q4. Market anayalsis
Round 3 - One-on-one 

(4 Questions)

  • Q1. Regional head interview
  • Q2. WHY OFFER THIS POST??
  • Q3. HOW FAMILIAR WITH THAT MARKET
  • Ans. 

    I am very familiar with the market and have extensive experience working in this industry.

    • I have worked in this market for X years

    • I have a strong network of contacts in this industry

    • I have successfully launched multiple products in this market

    • I am aware of the current trends and challenges in this market

  • Answered by AI
  • Q4. PAST COMPANY PERFORMANCE AND RATINGS
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. It's one of the best interview in the banking sector. interview run around 45 mins with a detailed discussion of each and every point mentioned on Resume . Sometime case history was shared and answer shoul...
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - Group Discussion 

Always ask about
Cross sales
Privious performance
Solid and mutilated notes
How to handle Despute case
Manager addition in prop. Firm
Disease claim
Etc

Round 2 - HR 

(1 Question)

  • Q1. About salary and last work profile

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't worry it's to simple u must be very confident

IDBI Bank Interview FAQs

How many rounds are there in IDBI Bank Concurrent Audit Assistant interview?
IDBI Bank interview process usually has 1 rounds. The most common rounds in the IDBI Bank interview process are One-on-one Round.
What are the top questions asked in IDBI Bank Concurrent Audit Assistant interview?

Some of the top questions asked at the IDBI Bank Concurrent Audit Assistant interview -

  1. What do you know about Concurrent Sales Audits in Banki...read more
  2. My KYC Documents Verificat...read more
  3. Panel Discuss...read more

Tell us how to improve this page.

IDBI Bank Concurrent Audit Assistant Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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