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IIFL Finance Branch Credit Manager Interview Questions and Answers

Updated 17 Aug 2024

IIFL Finance Branch Credit Manager Interview Experiences

2 interviews found

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected
Round 1 - Aptitude Test 

Basic maths and common science exam

Round 2 - interview 

(2 Questions)

  • Q1. Inroduce urself
  • Q2. What is loan procurement
  • Ans. 

    Loan procurement is the process of obtaining a loan from a financial institution or lender.

    • Involves submitting an application for a loan

    • Includes providing necessary documentation such as income verification and credit history

    • May require meeting certain eligibility criteria set by the lender

    • Can involve negotiating loan terms and interest rates

    • Examples: applying for a mortgage, car loan, or personal loan

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - be ur best

Branch Credit Manager Interview Questions & Answers

user image Shailendra Singh

posted on 17 Aug 2023

Interview experience
5
Excellent
Difficulty level
-
Process Duration
More than 8 weeks
Result
-

I applied via Recruitment Consulltant

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is this CIBIL in customer
  • Ans. 

    CIBIL is a credit information company that collects and maintains records of individuals' credit behavior.

    • CIBIL stands for Credit Information Bureau (India) Limited.

    • It provides credit scores and reports to lenders to help them assess the creditworthiness of potential borrowers.

    • CIBIL scores range from 300 to 900, with higher scores indicating better creditworthiness.

    • Lenders use CIBIL reports to make informed decisions o...

  • Answered by AI
  • Q2. What is this pramiry kyc and customer
  • Ans. 

    Primary KYC (Know Your Customer) is the initial process of verifying the identity of a customer before providing financial services.

    • Primary KYC involves collecting basic information such as name, address, date of birth, and identification documents.

    • It is a mandatory process for financial institutions to prevent money laundering and fraud.

    • Customer due diligence is also conducted during primary KYC to assess the risk ass...

  • Answered by AI

Branch Credit Manager Interview Questions Asked at Other Companies

Q1. why 13yr legal search report is required in mortgage
Q2. What is underwriting and what you have to do for getting good cus ... read more
Q3. what is a difference between lease hold property and free hold pr ... read more
Q4. What kind of product to handle?
asked in ICICI Bank
Q5. What will you check in tax audit report when someone applies for ... read more

Interview questions from similar companies

I applied via Approached by Company and was interviewed before Aug 2021. There were 2 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 Resume tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Background, customer handling quality, working experiences and current market scenario and knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - Be clear and specific and do not show over of yourself.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Mar 2023. There were 2 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 Resume tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Policy ,FOIR ,LTV CAM
  • Q2. Underwriting legal and technical
  • Q3. Pd,tele pd case appraisal
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-

I applied via Company Website

Round 1 - One-on-one 

(5 Questions)

  • Q1. How to location
  • Q2. Sir this work from home
  • Q3. Payment is hand sir
  • Q4. Sir how to my work
  • Q5. Sir good company this very nice
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Regarding the process of the role
Round 2 - One-on-one 

(1 Question)

  • Q1. Questions regarding Credit
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
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 Resume tips
Round 2 - One-on-one 

(5 Questions)

  • Q1. Financials statement amalysis
  • Q2. Previous experience ....................................
  • Q3. All all all all all
  • Q4. Ok ok ok ok ok
  • Q5. Not not not not not

Interview Preparation Tips

Interview preparation tips for other job seekers - best company good hr policy good manager best package 5 day week
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
-

I applied via Naukri.com and was interviewed before Jan 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Experience you have
  • Q2. Package

Interview Preparation Tips

Interview preparation tips for other job seekers - Can join if you don't care about appraisal
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 Resume tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Knowledge of BROKING
  • Q2. Previously working experience
Round 3 - Group Discussion 

Knowledge of BROKING and LI and GI

Interview Preparation Tips

Interview preparation tips for other job seekers - Previously where worked in bank or BROKING firm minimum 10 years of experience

Interview Questionnaire 

3 Questions

  • Q1. Working time
  • Q2. Salary slip
  • Q3. Working roles

Interview Preparation Tips

Interview preparation tips for other job seekers - Direct interview select employee
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IIFL Finance Interview FAQs

How many rounds are there in IIFL Finance Branch Credit Manager interview?
IIFL Finance interview process usually has 2 rounds. The most common rounds in the IIFL Finance interview process are Resume Shortlist, One-on-one Round and Aptitude Test.
What are the top questions asked in IIFL Finance Branch Credit Manager interview?

Some of the top questions asked at the IIFL Finance Branch Credit Manager interview -

  1. What is this pramiry kyc and custo...read more
  2. What is this CIBIL in custo...read more
  3. what is loan procurem...read more

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IIFL Finance Branch Credit Manager Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
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IIFL Finance Branch Credit Manager Salary
based on 57 salaries
₹1.8 L/yr - ₹7.7 L/yr
41% less than the average Branch Credit Manager Salary in India
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3.8/5

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