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IDFC FIRST Bank Cluster Credit Manager Interview Questions and Answers

Updated 8 Aug 2024

IDFC FIRST Bank Cluster Credit Manager Interview Experiences

1 interview found

Cluster Credit Manager Interview Questions & Answers

user image Sawtish SivaHari

posted on 8 Aug 2024

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

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. Entire Process explanation
  • Ans. 

    The entire process explanation of Cluster Credit Manager role

    • Analyze credit data and financial statements to determine the creditworthiness of potential customers

    • Set credit limits and terms for customers based on risk assessment

    • Monitor and manage the credit exposure of the cluster to ensure compliance with company policies

    • Work closely with sales and finance teams to resolve credit issues and minimize bad debt

    • Regularly ...

  • Answered by AI
  • Q2. Process related

Interview Preparation Tips

Interview preparation tips for other job seekers - Process knowledge

Interview questions from similar companies

Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Not Selected

I applied via Referral and was interviewed before Mar 2023. There were 3 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Basic questions like my background and job details and location along with salary expectations
Round 2 - One-on-one 

(1 Question)

  • Q1. Interviewer took two three rounds of interview and then when I finally asked them what is the status they said my salary is high for the area and then I heard they employed a male candidate because they co...
Round 3 - HR 

(1 Question)

  • Q1. Salary expectations and joining time

I applied via Referral and was interviewed in Jul 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. What did You understand about legal chain documents, search report, Importance of legal heirs of Deceased property owners.
  • Ans. 

    Legal chain documents and search reports are important for determining the legal heirs of deceased property owners.

    • Legal chain documents provide a record of the ownership history of a property.

    • Search reports help in verifying the authenticity of the legal chain documents.

    • Determining the legal heirs is crucial for transferring the property rights after the owner's death.

    • Legal heirs are individuals who are entitled to in...

  • Answered by AI
  • Q2.  we need All Leagl chain since inception with all leagl docs,, also provided some Exceptional circumstances of legal chain. Need search report of last 13 Yrs to know clear title . all legal heirs need to ...

Interview Preparation Tips

Interview preparation tips for other job seekers - Need to take flashback of past experience just..
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Reasoning, quantitative skills, and English language proficiency.

Round 2 - Interview 

(1 Question)

  • Q1. How should one prepare for analyzing financial statements, balance sheets, and assessing limits?

Credit Manager Interview Questions & Answers

ICICI Bank user image saikiran Thotapally

posted on 24 Jan 2025

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

I was interviewed in Dec 2024.

Round 1 - Technical 

(2 Questions)

  • Q1. Do you know about CIBIL
  • Ans. 

    CIBIL is a credit information company that provides credit scores to individuals based on their credit history.

    • CIBIL stands for Credit Information Bureau (India) Limited

    • It is one of the four credit information companies in India

    • CIBIL collects and maintains records of individuals' credit information, including loans and credit card payments

    • Credit scores provided by CIBIL range from 300 to 900, with higher scores indicat

  • Answered by AI
  • Q2. What are the documents required for salaries persona
  • Ans. 

    Documents required for salaries persona

    • Proof of identity (e.g. passport, driver's license)

    • Proof of address (e.g. utility bill, bank statement)

    • Bank account details for salary transfer

    • Tax identification number (e.g. Social Security Number)

    • Employment contract or offer letter

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
Selected Selected
Round 1 - Technical 

(2 Questions)

  • Q1. How do you fund a applicant
  • Ans. 

    Funding an applicant involves evaluating their creditworthiness and determining the appropriate amount and terms of the loan.

    • Evaluate the applicant's credit history, income, and debt-to-income ratio

    • Determine the appropriate loan amount based on the applicant's financial situation

    • Decide on the terms of the loan including interest rate, repayment period, and collateral requirements

    • Obtain necessary documentation such as p...

  • Answered by AI
  • Q2. Ratios analysis , banking analaysis

Interview Preparation Tips

Interview preparation tips for other job seekers - Know your product well interviewer will ask basis you experience in resume
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Ratio Related, Balance Sheet and P&L related
  • Q2. FOIR ratio, LTV, DSCR
Round 2 - Technical 

(2 Questions)

  • Q1. General Accounting related
  • Q2. Accounting related
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Introduction and knowledge
  • Q2. Credit Underwriting
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Jan 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

Assessment,................

Round 2 - Technical 

(1 Question)

  • Q1. About yourself, why this Job
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Credit related questions

Round 2 - Case Study 

Market strategy business development

Round 3 - Assignment 

Business penetration Maintain

Interview Preparation Tips

Interview preparation tips for other job seekers - Good relationship with Dealer Manager

IDFC FIRST Bank Interview FAQs

How many rounds are there in IDFC FIRST Bank Cluster Credit Manager interview?
IDFC FIRST Bank interview process usually has 1 rounds. The most common rounds in the IDFC FIRST Bank interview process are One-on-one Round.
How to prepare for IDFC FIRST Bank Cluster Credit Manager interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at IDFC FIRST Bank. The most common topics and skills that interviewers at IDFC FIRST Bank expect are Monitoring, Portfolio Management, Analytics, Banking and Credit Underwriting.
What are the top questions asked in IDFC FIRST Bank Cluster Credit Manager interview?

Some of the top questions asked at the IDFC FIRST Bank Cluster Credit Manager interview -

  1. Entire Process explanat...read more
  2. Process rela...read more

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IDFC FIRST Bank Cluster Credit Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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IDFC FIRST Bank Cluster Credit Manager Salary
based on 101 salaries
₹5.8 L/yr - ₹20 L/yr
35% more than the average Cluster Credit Manager Salary in India
View more details

IDFC FIRST Bank Cluster Credit Manager Reviews and Ratings

based on 14 reviews

4.6/5

Rating in categories

4.3

Skill development

4.5

Work-life balance

4.4

Salary

4.5

Job security

4.1

Company culture

3.4

Promotions

3.9

Work satisfaction

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