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IDFC FIRST Bank Finance Executive Interview Questions and Answers

Updated 14 Jul 2024

IDFC FIRST Bank Finance Executive Interview Experiences

4 interviews found

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
Selected Selected
Round 1 - Technical 

(2 Questions)

  • Q1. E KYC FULL FORM
  • Ans. 

    E KYC stands for Electronic Know Your Customer.

    • E KYC is a process where customer identity and address are verified electronically.

    • It helps in simplifying the KYC process for financial institutions and customers.

    • Examples of E KYC include Aadhaar-based KYC in India and biometric verification.

    • It reduces paperwork and speeds up the onboarding process for customers.

  • Answered by AI
  • Q2. Interest Calculation

Interview Preparation Tips

Interview preparation tips for other job seekers - Positive Thinking and hard work Regular New challenges Problem solutions

I applied via Company Website and was interviewed in Jul 2022. There were 9 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 - Assignment 

Open an assignment from your assignment page. The activities status icon next to each activity in the assignment show the progress and order of each activity in the assignment

Round 3 - HR 

(1 Question)

  • Q1. Idfc finance is very important
Round 4 - Coding Test 

Coding test are progressing assignment tools us to objective evaluate a candidate programing skills across promoters such a problems solving coding aptitude and debugging

Round 5 - Group Discussion 

Group discussion involving a numbers of people who are connected by same sheard activity intrest of quality

Round 6 - Case Study 

A case study can be defined as an intensive study about a person , a group of people our a unit which is aimed to genellize over several unit.

Round 7 - Technical 

(2 Questions)

  • Q1. What Skills Can You Bring to This Job?"
  • Ans. During a job interview, the hiring manager may ask you many questions to see if you are the right person for the job. One common question .
  • Answered Anonymously
  • Q2. Do you have any technical certifications
  • Ans. You must have listed some certificates on your resume. The interviewer is interested in learning more about the certificates, such as what you learned through their training and how it upskilled you.
  • Answered Anonymously
Round 8 - Aptitude Test 

Aptitude tests will test your ability to perform tasks and react to situations at work.

Round 9 - One-on-one 

(1 Question)

  • Q1. How do I prepare for a Round 1 interview?
  • Ans. Get a proper handle on the opportunity. Be prepared to talk about why you are there.
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Definitely new job seekers need to work hard every day.

Finance Executive Interview Questions Asked at Other Companies

Q1. Certains Rules to follow - 1. Remove your footwear outside of the ... read more
Q2. Whats is the late date for filing and payment of TDS?
Q3. What is PV of Cash Inflow when outflow is Assets, Materials, Land ... read more
Q4. If an unknown amount received in our bank accounts. how will we t ... read more
asked in Wuerth
Q5. what's P2P what's invoice processing, Ap/AR related questions The ... read more

I applied via Referral and was interviewed in Jan 2022. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Learn the regional language or if u r a localite it will be helpful, language plays a important role even if u r not good at English
  • Q2. What do u know about a job role
  • Ans. Providing loans to the customers who visit stores for electronic devices,mobiles,Tv etc
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Groom well,and be confident also carry the documents like resume,pan,adhar,local adress proof

I applied via Walk-in and was interviewed in Dec 2021. There were 6 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 - Aptitude Test 
Round 3 - One-on-one 

(2 Questions)

  • Q1. About your self and your family background
  • Q2. My self Disha saha and
Round 4 - HR 

(6 Questions)

  • Q1. Share details of your previous job.
  • Q2. What are your salary expectations?
  • Q3. What is your family background?
  • Q4. What are your strengths and weaknesses?
  • Q5. Where do you see yourself in 5 years?
  • Q6. Tell me about yourself.
Round 5 - Assignment 
Round 6 - 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

Interview Preparation Tips

Interview preparation tips for other job seekers - I am interesting in job and please help and grow

IDFC FIRST Bank interview questions for designations

 Finance Manager

 (1)

 Accounts & Finance Manager

 (1)

 Senior Accounts Executive

 (1)

 Collections Executive

 (4)

 Operations Executive

 (2)

 Field Executive

 (2)

 Sales Executive

 (2)

 Banking Executive

 (1)

Interview questions from similar companies

Interview Questionnaire 

4 Questions

  • Q1. About myself
  • Q2. Work profile of previous employment
  • Ans. 

    Managed a team of sales representatives, oversaw daily operations, and implemented strategies to increase branch revenue.

    • Managed a team of sales representatives

    • Oversaw daily operations

    • Implemented strategies to increase branch revenue

  • Answered by AI
  • Q3. Strength of yours
  • Ans. 

    One of my strengths is my ability to effectively communicate and collaborate with team members.

    • Strong communication skills help me convey ideas clearly and build strong relationships with colleagues.

    • I actively listen to others' perspectives and provide constructive feedback to ensure everyone is on the same page.

    • I have experience leading team meetings and facilitating productive discussions to achieve common goals.

  • Answered by AI
  • Q4. How will you bring profitability
  • Ans. 

    I will bring profitability by implementing cost-cutting measures, increasing sales, and improving customer satisfaction.

    • Analyze expenses and identify areas where costs can be reduced without affecting quality

    • Develop and implement sales strategies to increase revenue

    • Improve customer service to retain existing customers and attract new ones

    • Monitor financial performance regularly and make adjustments as needed

    • Invest in tr...

  • Answered by AI

Interview Questionnaire 

1 Question

  • Q1. PROFILE OF YOUR JOB AND YOUR ACHIEVMENTS

Interview Preparation Tips

Interview preparation tips for other job seekers - GOOD

I applied via Referral and was interviewed in Sep 2019. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What's the difference between operation and sales.
  • Ans. 

    Operations focus on internal processes while sales focus on external revenue generation.

    • Operations involve managing resources, logistics, and production processes.

    • Sales involve identifying and pursuing potential customers, negotiating deals, and generating revenue.

    • Operations ensure efficient and effective use of resources while sales ensure revenue growth.

    • Examples of operations include supply chain management, inventor...

  • Answered by AI
  • Q2. What, s NRE and NRO account.
  • Ans. 

    NRE and NRO accounts are types of bank accounts for non-resident Indians.

    • NRE stands for Non-Resident External account, which is a rupee-denominated account that allows NRIs to transfer foreign earnings to India and earn tax-free interest.

    • NRO stands for Non-Resident Ordinary account, which is a savings or current account that allows NRIs to manage their income earned in India and abroad.

    • NRO accounts have taxable interes...

  • Answered by AI
  • Q3. What's are KYC docs required to open the current account.
  • Ans. 

    KYC docs required to open a current account

    • Identity proof - Aadhaar card, PAN card, Passport, Voter ID card

    • Address proof - Aadhaar card, Passport, Utility bills, Bank statement

    • Passport size photograph

    • Business proof - GST registration certificate, Trade license, etc.

    • PAN card of the business entity

    • KYC declaration form

  • Answered by AI
  • Q4. Why do you want to join this organization

Interview Preparation Tips

Interview preparation tips for other job seekers - Apart from well dressed and good communication skills are one should have a sound knowledge of banking.

I applied via Walk-in and was interviewed before Aug 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Tell about case book
  • Ans. 

    A case book is a collection of cases or scenarios used for training or educational purposes.

    • Case books are commonly used in business schools to teach students about real-world business situations.

    • They can also be used in law schools to teach students about legal cases and precedents.

    • Case books may include case studies, simulations, or hypothetical scenarios.

    • They are often used to encourage critical thinking and problem...

  • Answered by AI
  • Q2. Gl size book

Interview Preparation Tips

Interview preparation tips for other job seekers - Good communication skills required

I applied via Recruitment Consultant and was interviewed before May 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. What value add will you bring to this organisation?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be a professional. Before the interview study about the organisation. Always look into the eye of the interviewer and answer honestly to all the questions asked. Be confident. Have a confident body language.

I applied via Referral and was interviewed before Jul 2021. 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 - Aptitude Test 

General awareness and competitive test

Round 3 - HR 

(1 Question)

  • Q1. Salary negotiation and job profile discussed

Interview Preparation Tips

Interview preparation tips for other job seekers - Ask for better ctc and allowance benifits

IDFC FIRST Bank Interview FAQs

How many rounds are there in IDFC FIRST Bank Finance Executive interview?
IDFC FIRST Bank interview process usually has 4-5 rounds. The most common rounds in the IDFC FIRST Bank interview process are Resume Shortlist, One-on-one Round and Aptitude Test.
What are the top questions asked in IDFC FIRST Bank Finance Executive interview?

Some of the top questions asked at the IDFC FIRST Bank Finance Executive interview -

  1. E KYC FULL F...read more
  2. Learn the regional language or if u r a localite it will be helpful, language p...read more
  3. Idfc finance is very import...read more

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IDFC FIRST Bank Finance Executive Interview Process

based on 5 interviews

Interview experience

5
  
Excellent
View more
Join IDFC FIRST Bank Guided by ethics, powered by technology and a force for social good
IDFC FIRST Bank Finance Executive Salary
based on 180 salaries
₹1 L/yr - ₹4 L/yr
38% less than the average Finance Executive Salary in India
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IDFC FIRST Bank Finance Executive Reviews and Ratings

based on 82 reviews

4.4/5

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4.3

Skill development

4.3

Work-life balance

4.3

Salary

4.2

Job security

4.3

Company culture

4.2

Promotions

4.3

Work satisfaction

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