Kotak Mahindra Bank Assistant Acquisition Manager Interview Questions, Process, and Tips for Freshers

A bank is a financial institution that accepts deposits from the public and creates credit.

• Banks provide various financial services such as loans, credit cards, and savings accounts.

• They also facilitate transactions between individuals and businesses.

• Banks make money by charging interest on loans and by investing the deposits they receive.

• Examples of banks include JPMorgan Chase, Bank of America, and Wells Fargo.

Savings account is for saving money and earning interest, while current account is for frequent transactions and has no interest.

• Savings account is meant for saving money and earning interest on the balance.

• Current account is meant for frequent transactions and has no interest on the balance.

• Savings account usually has a limit on the number of transactions per month.

• Current account usually has a higher minimum balance ...read more

NAV stands for Net Asset Value. It is the value of a mutual fund's assets minus its liabilities.

• NAV is used to determine the price of a mutual fund.

• It is calculated by dividing the total value of the fund's assets by the number of outstanding shares.

• NAV changes daily as the value of the fund's assets and liabilities change.

• Investors can buy and sell mutual fund shares at the NAV price.

• For example, if a mutual fund has ...read more

The number of monthly insurance policies I can do depends on various factors such as customer needs, policy type, and market conditions.

• The number of policies I can do varies depending on the type of policy and the customer's needs.

• Market conditions also play a role in determining the number of policies I can do.

• I can provide an estimate based on my experience and the current market conditions.

• For example, in a slow ma...read more

Yes, I can do a minimum of 20 casa with one current account compulsory.

• I have experience in acquiring new customers and have a proven track record of meeting and exceeding targets.

• I am familiar with the various types of casa accounts and their benefits, which helps me to effectively pitch to potential customers.

• I have a strong network and can leverage it to generate leads and referrals.

• I am confident in my ability to m...read more

To source business market, I would use a combination of networking, market research, and targeted advertising.

• Networking: Attend industry events, join professional organizations, and connect with potential clients on social media.

• Market research: Analyze industry trends, identify gaps in the market, and research competitors.

• Targeted advertising: Use social media ads, Google AdWords, and other targeted advertising metho...read more