Kogta Financial India Limited Senior Credit Executive Interview Questions and Answers

Q1. Cam process Cam
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Q1. Previous Company Working and Job responsibilities
Ans. 
I worked at XYZ Company as a Credit Analyst. My responsibilities included assessing creditworthiness, setting credit limits, and managing collections.
• Assessed creditworthiness of new and existing customers

• Set credit limits based on risk assessment

• Managed collections process for overdue accounts
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Q1. Previous organizations Job responsibilities KRA
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Managed credit operations, analyzed credit risk, monitored collections, and ensured compliance with credit policies.
• Analyzed credit risk for potential customers

• Monitored collections and followed up on overdue accounts

• Ensured compliance with credit policies and procedures

• Managed credit operations and team of credit analysts
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Q1. How will you assess the customer with low cibil score
Ans. 
Assessing customers with low cibil score involves analyzing their credit history, financial stability, and potential risk factors.
• Review the customer's credit report to understand the reasons for the low CIBIL score

• Assess the customer's current financial situation, including income, expenses, and existing debts

• Consider any extenuating circumstances that may have led to the low CIBIL score, such as medical emergencies o...read more
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Q2. Volume of files handled and approval to login ratio
Ans. 
The volume of files handled and approval to login ratio is a key metric to assess efficiency and productivity.
• The volume of files handled refers to the number of credit applications or cases processed by the credit manager within a specific time frame.

• Approval to login ratio indicates the percentage of credit applications approved compared to the total number of applications logged in by the credit manager.

• A high volum...read more
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Q1. Qualification or education
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Q2. General round and etc
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Q1. Salary expectation
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Q2. It is everyone's job to increase the salary and post of the employees after seeing their hard work
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Q3. Work experience
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Q4. Income analysis
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Q5. How to settle income FOIR
Ans. 
FOIR can be settled by ensuring the borrower's total fixed obligations do not exceed a certain percentage of their income.
• Calculate the borrower's total fixed obligations, including existing loan EMIs, rent, and other fixed expenses.

• Calculate the borrower's income, including salary, rental income, and any other sources of income.

• Divide the total fixed obligations by the borrower's income to get the FOIR.

• Ensure the FOIR...read more
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The work of the credit team is to provide loan after doing income analytics after studying the case and whether EMI can be given to the customer and my work in case study is to find out by doing local inquiry whether the customer is showing fake business or not and in sales, I keep getting to know what is the problem in the case

Q1. Credit appraisal,credit worhiness
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Q2. Maintain branch dignity
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Q3. Approval and rejection
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Q1. Credit appraisal credit worhiness
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Q1. Simple template only product questions
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Q2. Simply finished, there is no hardly
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Q3. There is no hard, easily good
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Q4. Way of tata making the most beautiful
Ans. 
The question is unclear and not related to credit management.
• The question is not related to credit management and seems to be incomplete or irrelevant.

• Without further context or clarification, it is impossible to provide a meaningful answer.

• It is important to ask relevant and clear questions in an interview to assess a candidate's qualifications and skills.
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Q1. Business volume, Portfolio health, Credit Manager role
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Q2. Number of Credit Manager against the sale team and number of files login
Ans. 
The number of Credit Managers should be proportional to the size of the sales team and the number of files being logged.
• The ratio of Credit Managers to sales team members should be determined based on the workload and complexity of the credit process.

• The number of files being logged should also be taken into consideration when determining the appropriate number of Credit Managers.

• For example, if there are 10 sales team...read more
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