IndusInd Bank Interview Questions, Process, and Tips

Q1. What is current account
Ans. 
A current account is a type of bank account that allows frequent transactions and withdrawals.
• Current accounts are typically used for everyday banking needs such as paying bills, receiving salaries, and making purchases.

• They offer features like debit cards, online banking, and overdraft facilities.

• Interest rates on current accounts are usually lower compared to savings accounts.

• Examples of current account providers inc...read more
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Q2. How to do kyc for business account for single and multiple user as a firm
Ans. 
KYC for business accounts involves verifying the identity of single and multiple users as a firm.
• Collect identification documents for all owners and authorized signatories

• Verify the business registration documents

• Check for any beneficial owners or ultimate beneficial owners

• Perform risk assessment based on the nature of the business and transaction volume

• Regularly update KYC information to ensure compliance
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Q3. Does bank give any interest on current account
Ans. 
No, banks do not typically give interest on current accounts.
• Current accounts usually do not earn interest as they are designed for everyday transactions

• Banks offer savings accounts for customers to earn interest on their deposits

• Some banks may offer interest on current accounts but it is rare and usually comes with certain conditions
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Q4. When you will join
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Q5. About family members
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Q1. Skills development
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Q2. Learning
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Mathematical test and essay writing test

Q1. About myself and job experience
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Q2. Job resign reason
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Q1. What is your existing job role?
Ans. 
I am currently working as a Senior Project Manager in a multinational IT company.
• Leading a team of project managers and overseeing multiple projects simultaneously

• Developing project plans, budgets, and timelines

• Ensuring project deliverables are met on time and within budget

• Collaborating with cross-functional teams to achieve project goals

• Reporting project progress to senior management
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Q2. What is your salary expectations?
Ans. 
My salary expectations are based on my experience, qualifications, and the responsibilities of the role.
• Consider the industry standards for Chief Managers in the region

• Factor in the company's size, revenue, and benefits package

• Highlight any additional skills or certifications that may warrant a higher salary

• Be open to negotiation based on the overall compensation package
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Q1. What can you tell me about your current job role?
Ans. 
I currently serve as an HR Partner, focusing on talent management, employee engagement, and strategic HR initiatives.
• Collaborate with department heads to align HR strategies with business goals, such as implementing a new performance management system.

• Lead recruitment efforts by developing job descriptions, conducting interviews, and onboarding new employees, resulting in a 20% reduction in time-to-hire.

• Facilitate trai...read more
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Q2. Questions related to sales and operations
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Q3. Salary expectations
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Q1. Detail knowledge of Mf
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Q2. Team Handling Methods & measures
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