Unity Shared Services Interview Questions and Answers

I have extensive experience in the Housing loan Department and a deep understanding of the local markets.

• I have worked in the Housing loan Department for 5 years, handling various types of housing loans.

• I am well-versed in the loan application process, including documentation, eligibility criteria, and interest rates.

• I have a strong network in the local markets, which helps me identify potential customers and assess market trends.

• I have successfully closed numerous housing lo...read more

Approximately $5 million in disbursements were made in the last 3 months.

• Approximately $5 million in disbursements

• Specific disbursement amounts for each month can be provided if needed

• Disbursements include loans, investments, and other financial transactions

A mortgage in banking refers to a loan provided by a bank or financial institution to purchase a property.

• A mortgage is a secured loan where the property being purchased serves as collateral.

• It is a long-term loan typically repaid over several years or decades.

• The borrower pays interest and principal in monthly installments.

• If the borrower fails to repay the loan, the bank can foreclose on the property.

• Mortgages can have fixed or adjustable interest rates.

• They are commonly us...read more

I acquire customers for home loans through networking, referrals, and targeted marketing strategies.

• Build relationships with real estate agents, financial advisors, and other professionals who can refer clients to me

• Attend networking events and industry conferences to connect with potential customers

• Utilize social media and online advertising to reach a wider audience and generate leads

• Offer special promotions or incentives to attract new customers

• Provide exceptional customer...read more

CIBIL is a credit information company in India that maintains credit records of individuals and businesses.

• CIBIL stands for Credit Information Bureau (India) Limited.

• It is a credit information company authorized by the Reserve Bank of India.

• CIBIL collects and maintains credit records of individuals and businesses.

• These records include credit history, loan repayment behavior, credit card usage, etc.

• Banks and financial institutions use CIBIL reports to assess the creditworthine...read more

Cash handling involves managing and processing cash transactions in a secure and accurate manner.

• Receiving cash payments from customers

• Counting and verifying cash amounts

• Recording transactions in the system

• Preparing bank deposits

• Balancing cash drawers at the end of the day