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IIFL Finance Relationship Officer Interview Questions and Answers

Updated 11 Oct 2020

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jun 2023. There were 4 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 - One-on-one 

(1 Question)

  • Q1. Salary Details For Experience
Round 3 - One-on-one 

(1 Question)

  • Q1. Timing Details v
Round 4 - One-on-one 

(1 Question)

  • Q1. Salary Details For Experience Candidate
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - HR 

(3 Questions)

  • Q1. What is the Previous company
  • Q2. What is the work
  • Q3. Are you interested in Microfin job

Interview Preparation Tips

Interview preparation tips for other job seekers - Good
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
Selected Selected
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 tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Types of business
  • Ans. 

    There are various types of businesses, including sole proprietorships, partnerships, corporations, and franchises.

    • Sole proprietorship: owned and operated by one individual

    • Partnership: owned and operated by two or more individuals

    • Corporation: a separate legal entity owned by shareholders

    • Franchise: a business model where the owner licenses their business to others

  • Answered by AI
  • Q2. 2 types of business 1. Service business 2.product business
  • Q3. What is a many.
  • Ans. 

    A man is an adult human male.

    • An adult human male

    • Typically has XY chromosomes

    • May have facial hair

    • May be a father or husband

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Nov 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. HR ask Self introduction
  • Q2. What about My family background

Interview Preparation Tips

Interview preparation tips for other job seekers - I am searching for good job and good company and honestly work for company
Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me something about selling
  • Ans. 

    Selling is the art of persuading someone to buy a product or service by highlighting its benefits and addressing their needs.

    • Identify the customer's needs and preferences

    • Highlight the benefits of the product or service

    • Address any objections or concerns the customer may have

    • Create a sense of urgency or scarcity to encourage a purchase

    • Close the sale by asking for the customer's commitment

    • Follow up with the customer to en

  • Answered by AI
Round 2 - HR 

(1 Question)

  • Q1. What your expectation

Interview Preparation Tips

Interview preparation tips for other job seekers - Answer with confidence and share knowledge about related topics

Interview Questionnaire 

6 Questions

  • Q1. Are you experienced in finance sector
  • Ans. 

    Yes, I have experience in the finance sector.

    • I have worked as a Relationship Officer at XYZ Bank for the past 5 years.

    • During my tenure, I have successfully managed a portfolio of high net worth clients and helped them achieve their financial goals.

    • I am well-versed in financial products and services, including loans, investments, and insurance.

    • I have a strong understanding of financial markets and can analyze market tre...

  • Answered by AI
  • Q2. What's your Qualification
  • Ans. 

    I have a Bachelor's degree in Business Administration and a certification in Relationship Management.

    • Bachelor's degree in Business Administration

    • Certification in Relationship Management

  • Answered by AI
  • Q3. What is the reason for resignation in your previous company
  • Ans. 

    I resigned from my previous company due to lack of growth opportunities and limited scope for professional development.

    • Limited growth opportunities

    • Lack of professional development

    • Limited scope for advancement

    • Seeking new challenges and opportunities

  • Answered by AI
  • Q4. What is your current CTC
  • Q5. What is your expected CTC
  • Ans. 

    I expect a competitive salary based on my qualifications and experience.

    • I am looking for a salary that reflects my skills and expertise in the field.

    • I have researched the average salary range for Relationship Officers in the industry.

    • I am open to negotiation based on the overall compensation package offered.

    • I believe my value and contributions to the organization should be fairly compensated.

    • I am confident that the com...

  • Answered by AI
  • Q6. How many days your notice period
  • Ans. 

    My notice period is 30 days.

    • My notice period is 30 days.

    • I am required to give a 30-day notice before leaving my current position.

    • I have already informed my current employer that I will be leaving in 30 days.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was very easy go and do your best think positive and all the best thank you ?
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Oct 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Do you have experiance ?
  • Ans. 

    Yes, I have over 5 years of experience in the banking industry, specifically in relationship management roles.

    • I have worked as a Relationship Officer for XYZ Bank for 3 years

    • Managed a portfolio of high net-worth clients, exceeding sales targets by 20%

    • Implemented successful customer retention strategies, resulting in a 15% increase in client satisfaction

  • Answered by AI
  • Q2. Which company do you work now

Interview Preparation Tips

Interview preparation tips for other job seekers - Be bold and straight
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Previous job , Education, background,why Microfinance
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - HR 

(2 Questions)

  • Q1. What your previous company role
  • Q2. Why you choose Muthoot

IIFL Finance Interview FAQs

How to prepare for IIFL Finance Relationship Officer 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 B2B Sales, Insurance and PMS.

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IIFL Finance Relationship Officer Salary
based on 19 salaries
₹2 L/yr - ₹4.5 L/yr
8% more than the average Relationship Officer Salary in India
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IIFL Finance Relationship Officer Reviews and Ratings

based on 6 reviews

3.8/5

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3.8

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3.6

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3.8

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4.1

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3.6

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3.6

Promotions/Appraisal

3.8

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