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L&T Finance Area Business Manager Interview Questions and Answers

Updated 21 Apr 2024

L&T Finance Area Business Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. How many channel partner you know
  • Q2. What business you know monthly

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Job Portal and was interviewed before Jan 2023. There were 2 interview rounds.

Round 1 - Assignment 

Market study and set competitive IRR for auto loan.

Round 2 - Case Study 

Other bank and nbfc policy and matrix.

Interview Preparation Tips

Topics to prepare for Mahindra Finance Area Business Manager interview:
  • Financial Analysis
  • Financial Planning
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Apr 2022. 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 

(2 Questions)

  • Q1. Normal question about yourself
  • Q2. Currently working profile
  • Ans. 

    I am currently working as a Sales Executive at XYZ Pvt. Ltd.

    • Responsible for achieving sales targets

    • Identifying new business opportunities

    • Building and maintaining relationships with clients

    • Preparing sales reports and forecasts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and speak positively without any hesitation

I applied via Referral and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Do you have exp... or no exp...?
  • Q2. Are you ready to join our organisation ?
  • Q3. We give any where in your district are you ready to go ?
  • Q4. Ok you can go you will get offer letter

Interview Preparation Tips

Interview preparation tips for other job seekers - Good, Job location also,

Interview Questionnaire 

3 Questions

  • Q1. What is your experience
  • Q2. What is your speciality
  • Q3. You want to growing

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

I applied via Company Website and was interviewed before Nov 2021. 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 

For management trainee there will be 100 questions and you have to correct atleast 50 questions to qualify the aptitude test.

Round 3 - Interview 

(5 Questions)

  • Q1. In which year Shriram Group found
  • Ans. 

    Shriram Group was founded in 1974.

    • Shriram Group is a financial services conglomerate based in India.

    • It was founded by R. Thyagarajan, AVS Raja and T. Jayaraman.

    • The group has businesses in areas such as commercial vehicle financing, consumer finance, life insurance, and more.

    • It has over 40,000 employees and serves over 9 million customers.

    • The group's flagship company is Shriram Transport Finance Company (STFC), which wa

  • Answered by AI
  • Q2. Basic simple interest rates questions
  • Q3. How to do collection for a default case
  • Ans. 

    Collection for a default case involves following up with the customer and negotiating a payment plan.

    • Contact the customer to understand the reason for default

    • Negotiate a payment plan that suits both parties

    • Follow up with the customer regularly to ensure payments are made on time

    • Consider legal action as a last resort

  • Answered by AI
  • Q4. How we can source a vehicle loan from market
  • Ans. 

    To source a vehicle loan from the market, we can follow these pointers:

    • Identify potential lenders such as banks, credit unions, and online lenders

    • Compare interest rates, loan terms, and fees offered by different lenders

    • Check eligibility criteria and required documents for loan application

    • Submit loan application with necessary documents and wait for approval

    • Negotiate terms and conditions with the lender to get the best ...

  • Answered by AI
  • Q5. Difference between private number and comercial number plate
  • Ans. 

    Private number plates are personalized plates for personal vehicles while commercial number plates are for business vehicles.

    • Private number plates are chosen by individuals and are often personalized with names, initials, or special numbers.

    • Commercial number plates are issued to vehicles used for business purposes such as delivery trucks or taxis.

    • Private number plates are not allowed to be used on commercial vehicles a...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Do your own research about comercial vehicle. Type of vehicle. As it's a comercial vehicle loans company so you have to study accordingly.

I applied via Recruitment Consultant and was interviewed in Jun 2021. There were 6 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. How to manage lose making branch
  • Ans. 

    To manage a loss-making branch, focus on identifying the root cause of the losses and implementing strategies to reduce expenses and increase revenue.

    • Conduct a thorough analysis of the branch's financial statements to identify areas of inefficiency

    • Implement cost-cutting measures such as reducing unnecessary expenses and optimizing staffing levels

    • Develop a sales and marketing strategy to increase revenue and attract new...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest & simple.

I applied via Recruitment Consultant and was interviewed in Aug 2017. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Basic background questions and candidate suitability
  • Q2. To check your business acumen in retail loan segment and your plan of action to achieve the desired results

Interview Preparation Tips

General Tips: Put as much stress as possible on your experience in retail loans and small ticket size secured loans.
Skills: Problem Solving, Leadership, Decision Making Skills
Duration: 1-4 weeks

I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. About My Self , My Last Company Job profile , About Team Management And Working Style etc.

Interview Preparation Tips

Interview preparation tips for other job seekers - I wanna say that if are confident about yourself and about your job role then you can crack any type of interview without any reference or jack.

I applied via Referral and was interviewed before Dec 2019. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. How to canvas gold loans and other products
  • Ans. 

    To canvas gold loans and other products, we need to identify potential customers and offer them personalized solutions.

    • Identify potential customers through market research and customer profiling

    • Offer personalized solutions based on their needs and preferences

    • Leverage existing customer base for referrals and word-of-mouth marketing

    • Use digital marketing channels to reach a wider audience

    • Train and motivate sales team to e...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

L&T Finance Interview FAQs

How many rounds are there in L&T Finance Area Business Manager interview?
L&T Finance interview process usually has 1 rounds. The most common rounds in the L&T Finance interview process are Technical.

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L&T Finance Area Business Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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L&T Finance Area Business Manager Salary
based on 10 salaries
₹9.6 L/yr - ₹19 L/yr
55% more than the average Area Business Manager Salary in India
View more details

L&T Finance Area Business Manager Reviews and Ratings

based on 2 reviews

1.2/5

Rating in categories

1.0

Skill development

1.0

Work-life balance

1.2

Salary

1.0

Job security

1.0

Company culture

1.2

Promotions

1.0

Work satisfaction

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