IndusInd Bank Deputy Manager Interview Questions, Process, and Tips

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,...read more

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.

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 ha...read more

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 individ...read more