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Karur Vysya Bank Assistant Manager - Legal Interview Questions and Answers for Freshers

Updated 17 May 2023

Karur Vysya Bank Assistant Manager - Legal Interview Experiences for Freshers

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at Sastra University and was interviewed in Apr 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

(2 Questions)

  • Q1. Questions with regard to the post for which u have selected
  • Q2. Legal questions
Round 3 - One-on-one 

(1 Question)

  • Q1. HR RELATED QUESTIONS AND THEN SOME JOB RELATED QUESTIONS

Interview Preparation Tips

Topics to prepare for Karur Vysya Bank Assistant Manager - Legal interview:
  • Legal
Interview preparation tips for other job seekers - They will conduct written test first and based on the marks they will shortlist the people and the arrange for personal one to one interview by the panel arranged by the bank..this will be the final.

Interview questions from similar companies

Legal Manager Interview Questions & Answers

HDFC Bank user image Harshwardhan Singh

posted on 3 Aug 2024

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(5 Questions)

  • Q1. Tell me about your work experience?
  • Ans. 

    I have over 10 years of experience working as a Legal Manager in various industries.

    • Managed a team of legal professionals to ensure compliance with laws and regulations

    • Drafted and reviewed contracts, agreements, and legal documents

    • Provided legal advice and guidance to senior management

    • Handled litigation and dispute resolution processes

    • Developed and implemented company policies and procedures to mitigate legal risks

  • Answered by AI
  • Q2. What do you know about the SARFAESI ACT.
  • Ans. 

    SARFAESI Act stands for Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

    • SARFAESI Act allows banks and financial institutions to auction residential or commercial properties to recover loans in case of default.

    • It provides a faster mechanism for recovery of non-performing assets without court intervention.

    • The Act empowers banks to take possession of the secured assets ...

  • Answered by AI
  • Q3. Tell me about section 13 (8) of SARFAESI ACT and also explain pre requisites for issuing demand notice under SARFAESI ACT.
  • Ans. 

    Section 13(8) of SARFAESI Act allows the borrower to appeal against the measures taken by the bank under the Act.

    • Section 13(8) of SARFAESI Act states that the borrower can make an appeal to the Debt Recovery Tribunal (DRT) against the measures taken by the bank under the Act.

    • The pre-requisites for issuing a demand notice under SARFAESI Act include the borrower defaulting on repayment of the loan, the bank classifying t...

  • Answered by AI
  • Q4. What is the notice period under section 138 of NI act and also when the cause of action arises to file a case under section 138.
  • Ans. 

    Notice period under section 138 of NI act and cause of action to file a case.

    • Notice period under section 138 is 15 days from the date on which the payee receives the notice of dishonor.

    • Cause of action to file a case under section 138 arises when the cheque is dishonored by the bank due to insufficient funds or other reasons.

    • The payee must send a legal notice to the drawer within 30 days of dishonor of the cheque to giv...

  • Answered by AI
  • Q5. Tell me something about Nclt and under which section financial creditors are defined. What is the procedure of liquidation.
  • Ans. 

    NCLT is a quasi-judicial body that adjudicates insolvency and company law cases. Financial creditors are defined under Section 5(7) of the Insolvency and Bankruptcy Code, 2016.

    • NCLT stands for National Company Law Tribunal.

    • It is a quasi-judicial body established under the Companies Act, 2013.

    • Financial creditors are defined under Section 5(7) of the Insolvency and Bankruptcy Code, 2016.

    • The procedure of liquidation involv...

  • Answered by AI

I applied via Referral and was interviewed in Sep 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. The manager and had asked me about my education qualification and the salary that i was expecting and also asked me questions regarding the role.?
  • Ans. It was more of getting to know you better and explained about my educational qualifications and also work experience
  • Answered Anonymously
  • Q2. Also asked me questions regarding cheque bounce case and also regarding SARFESI ACT
  • Q3. I had explained the procedure for filing cheque bounce case in court and also shared my known knowledge regarding SARFESI ACT

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be confident do your homework before you go for the interview read about the role and also the areas of work.

Karur Vysya Bank Interview FAQs

How many rounds are there in Karur Vysya Bank Assistant Manager - Legal interview for freshers?
Karur Vysya Bank interview process for freshers usually has 3 rounds. The most common rounds in the Karur Vysya Bank interview process for freshers are Resume Shortlist, Aptitude Test and One-on-one Round.

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Karur Vysya Bank Assistant Manager - Legal Salary
based on 4 salaries
₹5 L/yr - ₹6 L/yr
22% less than the average Assistant Manager - Legal Salary in India
View more details

Karur Vysya Bank Assistant Manager - Legal Reviews and Ratings

based on 2 reviews

4.4/5

Rating in categories

5.0

Skill development

3.0

Work-Life balance

4.0

Salary & Benefits

4.0

Job Security

5.0

Company culture

4.0

Promotions/Appraisal

4.0

Work Satisfaction

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