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LIC Housing Finance Sales Manager Interview Questions and Answers

Updated 6 Jul 2024

LIC Housing Finance Sales Manager Interview Experiences

1 interview found

Sales Manager Interview Questions & Answers

user image Anonymous

posted on 20 Jun 2024

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

Test was good and interviewer was friendly.

Round 2 - One-on-one 

(2 Questions)

  • Q1. What you konw about Home loan Industry?
  • Ans. 

    Home loan industry involves lending money to individuals for purchasing or renovating homes.

    • Home loan industry is a part of the financial services sector

    • It involves providing loans to individuals for purchasing or renovating homes

    • Interest rates, loan terms, and eligibility criteria vary among lenders

    • Major players in the industry include banks, credit unions, and mortgage companies

    • Regulations and government policies pla

  • Answered by AI
  • Q2. Which type of product company provide to its customer?
  • Ans. 

    A product company provides goods or services to its customers.

    • Product companies can provide physical goods such as electronics, clothing, or furniture.

    • They can also provide services such as software, consulting, or education.

    • The type of product offered depends on the industry and target market of the company.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Best company to work.

Interview questions from similar companies

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

(1 Question)

  • Q1. Where do you see yourself in five years?
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Feb 2024.

Round 1 - HR 

(2 Questions)

  • Q1. Previous work record
  • Q2. Incentive earn

Interview Preparation Tips

Interview preparation tips for other job seekers - Always prepared yourself for doing well
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. About my family back ground
  • Q2. About my work back ground
  • Q3. How to work in field
  • Ans. 

    Working in the field involves building relationships, understanding customer needs, and effectively communicating product benefits.

    • Develop strong relationships with customers to understand their needs and preferences

    • Effectively communicate the benefits of your product or service to potential clients

    • Regularly follow up with leads and customers to ensure satisfaction and address any concerns

    • Stay organized and prioritize ...

  • Answered by AI
  • Q4. Make your sales team
  • Q5. How to manage all product
  • Ans. 

    Managing all products involves effective inventory management, sales forecasting, and product lifecycle management.

    • Implement a robust inventory management system to track stock levels and prevent stockouts.

    • Utilize sales forecasting techniques to predict demand and adjust inventory levels accordingly.

    • Regularly review product performance and make data-driven decisions on pricing, promotions, and discontinuation.

    • Collabora...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Well done
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Housing finance total experience
  • Q2. Present ctc and technical and
Round 2 - HR 

(2 Questions)

  • Q1. Total experience and present ctc
  • Q2. Were is the location

Interview Preparation Tips

Interview preparation tips for other job seekers - What about you and location were are you and present ctc and hike salary and
Your target reachable payslip and incentives for payslip
Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I was interviewed in Jan 2025.

Round 1 - HR 

(2 Questions)

  • Q1. Sales growth, business development Costumer service
  • Q2. Self introduction
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed in Nov 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 - One-on-one 

(4 Questions)

  • Q1. I have a 2 years experience in golden micro finance as a sales manager post
  • Ans. I have successfully reached 3.5 k genuen customers collect in golden micro finance company
  • Answered Anonymously
  • Q2. I have a dream to join such a company best micro finance company
  • Ans. According to me, I will not find the best micro finance company like Midland.
  • Answered Anonymously
  • Q3. I also have a lot of experience in collection.
  • Ans. I had withdrawn Rs 8 lakh of my old company's suppressed money.
  • Answered Anonymously
  • Q4. After all these experiences, can I get a job at a higher salary in Jaipur Rajasthan area?
  • Ans. I will give my best for this company
  • Answered Anonymously
Round 3 - One-on-one 

(1 Question)

  • Q1. I appeal to Midland Micro Finance to provide me a recently posted job. Thanks

Interview Preparation Tips

Interview preparation tips for other job seekers - The correct advice I give to job seekers is to never work on salary but instead work on incentives because you will get salary whether you work or not and hence incentives will work for you.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Nov 2023. There were 6 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Group Discussion 

Roal of tecnology in todays world

Round 3 - Group Discussion 

Leadership styles .................

Round 4 - HR 

(1 Question)

  • Q1. Tell me about an experience when you faced difficulty at work while working on a project
  • Ans. 

    I faced difficulty while working on a project due to a lack of collaboration and communication within the team.

    • The project required input from multiple departments, but there was a lack of coordination.

    • Team members had different priorities and were not aligned on the project goals.

    • There was a breakdown in communication channels, leading to misunderstandings and delays.

    • The project timeline was tight, and the lack of col...

  • Answered by AI
Round 5 - HR 

(1 Question)

  • Q1. Tell me about your sef
  • Ans. 

    Experienced sales manager with a proven track record in achieving targets and leading teams.

    • 10+ years of sales experience

    • Consistently exceeded sales targets by 20%

    • Managed a team of 15 sales representatives

    • Implemented effective sales strategies resulting in a 30% increase in revenue

    • Strong leadership and communication skills

  • Answered by AI
Round 6 - Case Study 

Can you give brief description of your company

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Suggestion for Market Expansion
  • Ans. 

    To expand the market, focus on identifying new target demographics, exploring new distribution channels, and enhancing brand visibility.

    • Conduct market research to identify potential new target demographics

    • Explore partnerships with complementary businesses to reach new customer segments

    • Invest in digital marketing strategies to increase brand visibility and reach a wider audience

  • Answered by AI
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Apr 2023. There was 1 interview round.

Round 1 - Aptitude Test 

Good, training provided before test then online test

LIC Housing Finance Interview FAQs

How many rounds are there in LIC Housing Finance Sales Manager interview?
LIC Housing Finance interview process usually has 2 rounds. The most common rounds in the LIC Housing Finance interview process are Aptitude Test and One-on-one Round.
What are the top questions asked in LIC Housing Finance Sales Manager interview?

Some of the top questions asked at the LIC Housing Finance Sales Manager interview -

  1. Which type of product company provide to its custom...read more
  2. What you konw about Home loan Indust...read more

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LIC Housing Finance Sales Manager Interview Process

based on 2 interviews

Interview experience

5
  
Excellent
View more
LIC Housing Finance Sales Manager Salary
based on 11 salaries
₹3.5 L/yr - ₹5.6 L/yr
40% less than the average Sales Manager Salary in India
View more details

LIC Housing Finance Sales Manager Reviews and Ratings

based on 7 reviews

4.5/5

Rating in categories

4.2

Skill development

4.2

Work-life balance

4.7

Salary

4.5

Job security

4.4

Company culture

4.2

Promotions

4.4

Work satisfaction

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