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IndusInd Bank

3.6
based on 10.2k Reviews
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10+ Interview Questions and Answers

Updated 7 Nov 2024
Popular Designations

Q1. What are there market or industrial volume and what is your market share, if you are an experienced person.

Ans.

Our market volume is $X and our market share is Y%. As an experienced person, I have contributed to increasing our market share by implementing effective strategies.

  • Our market volume is determined by the total sales revenue of all companies in our industry.

  • Our market share is the percentage of total sales revenue that our company generates.

  • As an experienced person, I have contributed to increasing our market share by implementing effective marketing and sales strategies.

  • For e...read more

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Q2. How much Life Insurance you able to deliver in a month?

Ans.

I am able to deliver an average of 20 Life Insurance policies per month.

  • My sales record shows that I have consistently delivered at least 15 policies per month.

  • I have a strong network of potential clients and I am able to effectively communicate the benefits of Life Insurance.

  • I am always updated with the latest trends and policies in the insurance industry.

  • I am confident that with my skills and experience, I can exceed the expected target of Life Insurance policies per month.

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Q3. Like what is clearing.what is rtgs etc

Ans.

Clearing is the process of settling financial transactions between banks. RTGS is a real-time gross settlement system used for large value transactions.

  • Clearing involves the exchange of financial instruments between banks to settle transactions.

  • RTGS is a system used for high-value transactions that are settled in real-time.

  • Clearing and RTGS are important for ensuring the smooth functioning of the financial system.

  • Examples of transactions that may be settled through clearing a...read more

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Q4. How to manage relationship with customer

Ans.

Managing customer relationships involves effective communication, understanding their needs, providing excellent service, and building trust.

  • Maintain open and clear communication with customers

  • Listen actively to their concerns and needs

  • Provide prompt and personalized service

  • Build trust and rapport

  • Anticipate and exceed customer expectations

  • Handle complaints and issues professionally

  • Regularly seek feedback and act upon it

  • Develop long-term relationships by staying in touch

  • Offer ...read more

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Q5. How to increase bank business

Ans.

To increase bank business, focus on customer acquisition, product diversification, and digital transformation.

  • Implement targeted marketing campaigns to attract new customers

  • Offer a wide range of products and services to cater to different customer needs

  • Invest in digital channels and technology to enhance customer experience and convenience

  • Build strong relationships with existing customers through personalized services and loyalty programs

  • Expand network and open new branches i...read more

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Q6. All cash and front desk customer service parameters

Ans.

Cash and front desk customer service parameters are important for the role of Deputy Manager.

  • Cash handling: Ability to accurately count and handle cash transactions.

  • Customer service: Providing excellent service to customers at the front desk.

  • Problem-solving: Resolving customer complaints or issues related to cash transactions.

  • Communication skills: Effectively communicating with customers and team members.

  • Attention to detail: Ensuring accuracy in cash handling and customer inf...read more

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Q7. Tell me about sales in new or use car

Ans.

Sales in new or used car involves understanding customer needs, providing information on available options, negotiating prices, and closing deals.

  • Understand customer needs and preferences

  • Provide information on available new and used car options

  • Negotiate prices and financing terms

  • Close deals by addressing any concerns or objections

  • Follow up with customers for repeat business

  • Examples: Demonstrating features of a new car, comparing different used car models, offering test drives

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Q8. How rls and increment refresh work

Ans.

RLS (Row Level Security) and Incremental Refresh are features in Power BI used for data security and performance optimization.

  • RLS (Row Level Security) allows users to restrict access to certain rows of data based on their role or profile.

  • Incremental Refresh is used to optimize data refresh by only loading new or changed data since the last refresh.

  • RLS can be implemented by creating roles and defining filters based on user attributes.

  • Incremental Refresh can be set up by specif...read more

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Q9. what is IRR and used car

Ans.

IRR stands for Internal Rate of Return, a financial metric used to evaluate the profitability of an investment. Used car refers to a pre-owned vehicle.

  • IRR is a financial metric used to calculate the potential profitability of an investment over time.

  • It represents the discount rate that makes the net present value of all cash flows from a particular investment equal to zero.

  • Used car refers to a pre-owned vehicle that has been previously owned by one or more individuals.

  • The val...read more

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Q10. How to customer handling

Ans.

Customer handling involves effective communication, problem-solving, and empathy.

  • Listen actively to the customer's concerns

  • Remain calm and professional, even in difficult situations

  • Offer solutions and alternatives to resolve issues

  • Show empathy and understanding towards the customer's situation

  • Follow up with the customer to ensure their satisfaction

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Q11. What is insurance

Ans.

Insurance is a financial product that provides protection against financial losses resulting from unexpected events.

  • Insurance involves a contract between an individual or entity and an insurance company.

  • The individual or entity pays a premium in exchange for coverage against specified risks.

  • Common types of insurance include health insurance, auto insurance, life insurance, and property insurance.

  • Insurance helps individuals and businesses manage risk and protect themselves fin...read more

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Q12. and tell me about loan

Ans.

A loan is a sum of money borrowed from a bank or financial institution that is expected to be paid back with interest.

  • Loans can be used for various purposes such as buying a house, starting a business, or paying for education.

  • There are different types of loans including personal loans, home loans, and car loans.

  • Interest rates on loans can vary depending on the lender and the borrower's creditworthiness.

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