IKF Finance Branch Credit Manager Interview Questions and Answers

Focus on financial management topic

In which our knowledge put as per situation

Q1. Previous year skills and salary
Ans. 
The candidate should discuss their skills and salary from the previous year.
• Discuss the relevant skills acquired in the previous year.

• Mention any certifications or training completed.

• Highlight achievements or projects completed.

• Discuss the salary range from the previous year.

• Explain any salary increments or bonuses received.
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Q1. Skills and knowledge of product
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Q2. Grip on work and product also team handles
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Q1. Income assessment done by me ?
Ans. 
Income assessment is a crucial part of my role as a Branch Credit Manager.
• I assess income through pay stubs, tax returns, bank statements, and employment verification.

• I analyze the consistency and stability of income to determine creditworthiness.

• I consider sources of income, such as salary, bonuses, commissions, and rental income.

• I calculate debt-to-income ratios to assess the borrower's ability to repay loans.

• I may a...read more
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Q2. How to do income assessment of Vada Pav Vendor ?
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Assessing income of a Vada Pav vendor involves evaluating daily sales, expenses, location, customer base, and competition.
• Calculate average daily sales by observing customer traffic and pricing.

• Consider expenses such as ingredients, rent, utilities, and labor costs.

• Evaluate the location's foot traffic and potential for growth.

• Assess the vendor's customer base and loyalty.

• Analyze competition in the area and pricing stra...read more
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Q1. Credit appraisal,credit worhiness
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Q2. Maintain branch dignity
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Q3. Approval and rejection
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Q1. Credit appraisal credit worhiness
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All related to decision making,General questions all about decision making, simple arithmetic and reasoning question but you have answer maximum number of questions in very low time that's the main task

Q1. About credit based on your past assignments and related to PD, technical,legal,, CIBIL, other related to credit underwriting and etc.,
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Q2. Credit related questions
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Proposal study and credit policies of competitors use to get a Opertinuty

Thay will gave a assignment on your skills

Q1. They discussed CTC and other reference details..
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What is the experience in the lap field
What is the expected salary
What is the family background Act

Q1. Expected salary and previous hr provides.? Notice period related questions.
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Q2. What is the expected salary
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