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IIFL Finance Loan Manager Interview Questions and Answers

Updated 3 Feb 2022

IIFL Finance Loan Manager Interview Experiences

2 interviews found

Loan Manager Interview Questions & Answers

user image Anonymous

posted on 3 Feb 2022

I was interviewed in Aug 2021.

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 - HR 

(1 Question)

  • Q1. Why should we hire you?

Interview Preparation Tips

Interview preparation tips for other job seekers - Nothing just experience matters

Loan Manager Interview Questions & Answers

user image Anonymous

posted on 14 Jul 2021

I applied via Naukri.com and was interviewed in Jan 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. What is your job profile. How much you do business in a month.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident in terms of your job profile. Be particular about what you speak.

Loan Manager Interview Questions Asked at Other Companies

asked in Rupeek
Q1. What type of acids using for gold testing?
asked in Rupeek
Q2. 2. How to identify Gold Carat without testing
asked in Rupeek
Q3. Do you have the knowledge of gold testing ,purity of gold,karats ... read more
asked in Rupeek
Q4. How to check gold purity and how to identify spurious gold
asked in Rupeek
Q5. Gold checking methods. How to deal and handle customer at there d ... read more

Loan Manager Jobs at IIFL Finance

View all

Interview questions from similar companies

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

I applied via Walk-in and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. L -1 manager face to face interview
  • Q2. Old Experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Proper information new hiring candidate
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. What is your name
  • Ans. 

    My name is John Smith.

    • Full name is John Smith

    • Common name in English-speaking countries

    • Easy to remember and pronounce

  • Answered by AI
  • Q2. What is your goal
  • Ans. 

    My goal is to help individuals secure financial assistance through gold loans while providing excellent customer service.

    • To assist customers in understanding the gold loan process

    • To ensure customers receive the maximum loan amount based on their gold value

    • To maintain a high level of customer satisfaction and retention

    • To meet or exceed loan targets set by the company

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is your father name
  • Ans. 

    My father's name is John Smith.

    • My father's first name is John.

    • My father's last name is Smith.

    • My father goes by the name John Smith in official documents.

  • Answered by AI
  • Q2. Where do you live
  • Ans. 

    I live in a cozy apartment in downtown area with easy access to public transportation and amenities.

    • I live in a cozy apartment in the downtown area

    • I have easy access to public transportation

    • I have access to amenities like grocery stores, restaurants, and parks

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - New job finding
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - One-on-one 

(4 Questions)

  • Q1. Yes one on round
  • Q2. I am hrad working
  • Q3. Only sales prudact
  • Q4. Loan sales officer

Interview Preparation Tips

Interview preparation tips for other job seekers - I am hard working
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

(2 Questions)

  • Q1. About banking details
  • Q2. About my study and collages

Interview Preparation Tips

Interview preparation tips for other job seekers - Account and finance management
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Mar 2024. There was 1 interview round.

Round 1 - Product Management 

(1 Question)

  • Q1. How to explaination of bank rule loan condition for Customer?
  • Ans. 

    Bank loan conditions should be explained clearly and simply to customers to ensure understanding.

    • Use simple language to explain the terms and conditions of the loan.

    • Provide examples or scenarios to help customers understand how the conditions apply to their situation.

    • Encourage customers to ask questions and seek clarification if they are unsure about any aspect of the loan conditions.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Once take loan any product deeply check it the customer details
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Previous experience
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Profile related questions
  • Q2. Salary related and work experience related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

I applied via Walk-in

Round 1 - HR 

(2 Questions)

  • Q1. Why do you want to work for our company
  • Q2. Have the knowledge in hand about the company’s vision, mission, and the work it has done in recent years that inspired you to join the organization.

Interview Preparation Tips

Interview preparation tips for other job seekers - Group decision making results in distribution of responsibility that results in lack of accountability for outcomes. In this way, everyone is responsible for a decision, and no one really is. Moreover, group decisions can make it easier for members to refuse personal responsibilities and blame others for bad decisions.

IIFL Finance Interview FAQs

How many rounds are there in IIFL Finance Loan Manager interview?
IIFL Finance interview process usually has 2 rounds. The most common rounds in the IIFL Finance interview process are Resume Shortlist and HR.
How to prepare for IIFL Finance Loan 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 IIFL Finance. The most common topics and skills that interviewers at IIFL Finance expect are Gold Loan, gold, Sales, Field Sales and Lead Generation.

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IIFL Finance Loan Manager Salary
based on 188 salaries
₹2.1 L/yr - ₹5.5 L/yr
6% less than the average Loan Manager Salary in India
View more details

IIFL Finance Loan Manager Reviews and Ratings

based on 34 reviews

3.9/5

Rating in categories

3.8

Skill development

3.7

Work-life balance

3.7

Salary

3.7

Job security

3.6

Company culture

3.6

Promotions

3.6

Work satisfaction

Explore 34 Reviews and Ratings
Loan Manager- Gold Loan (Warangal, Khammam & Nalgonda)

Khammam,

Nalgonda

+1

1-6 Yrs

Not Disclosed

Loan Manager- Gold Loan (Bangalore, Shivamogga, Hassan)

Hassan,

Shimoga

+1

1-6 Yrs

₹ 2.5-4.75 LPA

Loan Manager- Gold Loan (Hyderabad, Nalgonda, Vizag)

Khammam,

Nalgonda

+1

1-6 Yrs

Not Disclosed

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