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IDFC FIRST Bank Relationship Manager Interview Questions and Answers

Updated 28 Aug 2024

Q1. What all are the products that you are aware of

Ans.

I am aware of various banking and financial products such as savings accounts, loans, credit cards, and investment options.

  • Savings accounts

  • Loans

  • Credit cards

  • Investment options

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Q2. Deal with STR clint and which asset are funding

Ans.

Dealing with STR client involves understanding their specific needs and finding suitable assets for funding.

  • Understand the client's risk tolerance and investment goals

  • Identify assets that align with the client's needs, such as real estate, stocks, or bonds

  • Ensure the assets chosen for funding meet regulatory requirements and are suitable for the client's financial situation

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Q3. 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 such as savings accounts, credit cards, and investment options.

  • Banking involves facilitating transactions such as wire transfers, bill payments, and ATM withdrawals.

  • Banks play a crucial role in the economy by providing liquidity, credit, and fi...read more

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Q4. What was the book size

Ans.

I'm sorry, I need more context. Could you please clarify which book you are referring to?

  • Please provide more information about the book in question

  • Is it a specific book or a general category?

  • What is the relevance of the book size to the position of Relationship Manager?

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Discover IDFC FIRST Bank interview dos and don'ts from real experiences

Q5. Why banking and sales

Ans.

I chose banking and sales because I enjoy building relationships and helping clients achieve their financial goals.

  • I have a passion for finance and helping others manage their money effectively.

  • I enjoy the challenge of meeting sales targets and building a strong client base.

  • I have strong communication and interpersonal skills, which are essential for success in banking and sales.

  • I find satisfaction in helping clients navigate complex financial products and services to find th...read more

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Q6. Last CTC in the banking

Ans.

My last CTC in banking was $60,000 per annum.

  • My last CTC in banking was $60,000 per annum

  • I received an annual salary of $60,000 in my previous banking role

  • My last compensation package in banking amounted to $60,000 per year

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Interview Process at IDFC FIRST Bank Relationship Manager

based on 44 interviews
3 Interview rounds
Resume Shortlist Round
HR Round - 1
HR Round - 2
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