Karur Vysya Bank Relationship Manager Interview Questions and Answers

Q1. What are the sections handled by you?
Ans. 
I handle the sales, customer service, and inventory management sections.
• Sales - responsible for driving revenue and achieving sales targets

• Customer service - ensuring customer satisfaction and resolving any issues

• Inventory management - overseeing stock levels and ordering new products as needed
Answered by AI
Add your answer
Q2. How will you Process the Loan Proposal end to end?
Ans. 
I will process the loan proposal end to end by analyzing the applicant's financial information, verifying documents, assessing risk, and making a decision.
• Analyze the applicant's financial information to determine their creditworthiness

• Verify all necessary documents such as income statements, tax returns, and bank statements

• Assess the risk involved in lending to the applicant based on their financial history and curren...read more
Answered by AI
Add your answer
Q3. Balance sheet analysis?
Add your answer
Q4. Different types of loan products?
Ans. 
Different types of loan products include personal loans, home loans, auto loans, and student loans.
• Personal loans: Unsecured loans for personal use, typically with fixed interest rates.

• Home loans: Loans used to purchase or refinance a home, with options like fixed-rate and adjustable-rate mortgages.

• Auto loans: Loans specifically for purchasing a vehicle, with terms based on the cost of the vehicle and borrower's credit...read more
Answered by AI
Add your answer
Q5. How will you arrive Dp?
Ans. 
I will arrive at Dp by utilizing my strong leadership skills, experience in team management, and ability to prioritize tasks effectively.
• Utilize strong leadership skills to guide team towards achieving goals

• Leverage experience in team management to delegate tasks efficiently

• Prioritize tasks effectively to ensure smooth operations
Answered by AI
Add your answer
Q6. How to arrive FOIR?
Ans. 
FOIR stands for Financial Obligations to Income Ratio, which is a measure of an individual's ability to manage their debt payments.
• Calculate FOIR by dividing total monthly debt obligations by gross monthly income

• A FOIR of less than 40% is considered healthy

• Lenders use FOIR to assess a borrower's creditworthiness
Answered by AI
Add your answer
Q7. Bank ratios
Add your answer
Q8. Turn over method,cash budgeting method,Tandon committee method
Add your answer

Preliminary Examination Multiple choice questions with 100 Ques in 60 minutes

Mains Exam with both objective and subjective part.

Q1. Diff b/w ATM Card amd Debit Card
Ans. 
ATM card is used to withdraw cash from ATM machines while debit card is used for online and offline transactions.
• ATM card is linked to a savings or current account while debit card can be linked to both savings and current accounts.

• ATM card can only be used to withdraw cash from ATM machines while debit card can be used for online and offline transactions.

• ATM card does not have a CVV number while debit card has a CVV n...read more
Answered by AI
View 1 more answer
Q2. How ur knowledge will help us
Ans. 
My knowledge will help in improving team performance, customer satisfaction and achieving business goals.
• I have experience in managing teams and ensuring their productivity

• I have knowledge of customer service and can ensure customer satisfaction

• I have a good understanding of business operations and can contribute to achieving business goals

• I am familiar with industry trends and can provide insights for improvement

• I hav...read more
Answered by AI
Add your answer
Q3. Ques from previous work experience
Add your answer
Q4. Why you choose banking
Ans. 
I chose banking because of its stability, growth opportunities, and the chance to work with diverse clients.
• I chose banking because it offers stability and job security.

• I am attracted to the growth opportunities in the banking industry.

• I enjoy working with diverse clients and helping them achieve their financial goals.

• Banking allows me to utilize my analytical and problem-solving skills.

• I find the financial industry fa...read more
Answered by AI
Add your answer

Q1. They asked me to write about a general topic in a essay format to review my communication skill
Add your answer

Discuss about the merits and demerits of plastic

Q1. General knowledge and communication
Add your answer
Q2. Personal and research about the interview
Add your answer

Q1. Opinion about changing customer demands and suggestion for customer satisfaction
Ans. 
Changing customer demands require proactive measures for customer satisfaction.
• Regularly gather feedback from customers to understand their evolving needs.

• Offer personalized solutions to meet individual customer requirements.

• Stay updated with industry trends and incorporate them into service offerings.

• Provide prompt and efficient customer service to resolve issues quickly.

• Offer loyalty programs and incentives to retain...read more
Answered by AI
Add your answer

Q1. What are your experiences in handling customer interactions?
Ans. 
I have extensive experience in handling customer interactions in various industries.
• Managed customer inquiries and complaints effectively

• Built strong relationships with clients to ensure satisfaction

• Provided personalized solutions to meet individual customer needs

• Utilized active listening and empathy to understand customer concerns

• Resolved conflicts and diffused tense situations with professionalism
Answered by AI
Add your answer

Q1. What are the responsibilities of a relationship manager?
Ans. 
A relationship manager is responsible for building and maintaining relationships with clients to ensure their satisfaction and loyalty.
• Developing and maintaining relationships with clients

• Understanding clients' needs and providing solutions

• Acting as a liaison between clients and internal teams

• Monitoring client satisfaction and addressing any issues

• Identifying opportunities to upsell or cross-sell products/services

• Provi
Answered by AI
View 1 more answer
Q2. What are the key functions and objectives?
Ans. 
Key functions and objectives of a Relationship Manager include building and maintaining client relationships, identifying opportunities for growth, and providing excellent customer service.
• Building and maintaining strong relationships with clients

• Identifying opportunities for business growth and development

• Providing excellent customer service and support

• Developing and implementing strategies to meet client needs and ob...read more
Answered by AI
View 1 more answer
Q3. This job is field work or office work.
Add your answer
Q4. Bank only give salareis or other benifits
Add your answer
Q5. What are the expected communication for bank.
Ans. 
Clear, timely, and professional communication is expected from a bank.
• Regular updates on account activities and transactions

• Prompt responses to customer inquiries and concerns

• Clear explanations of banking products and services

• Professional and courteous communication with clients

• Effective communication between different departments within the bank
Answered by AI
Add your answer
Q6. I am as a biginer, I haven't any experience in field and any segment.
Ans. 
I am as a Fresher . My MBA post guardation complete since 2024 in August
Answered Anonymously
Add your answer