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Light Microfinance

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4.1

based on 200 Reviews

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Light Microfinance Vice President Accounts Interview Questions and Answers

Updated 8 Mar 2021

Light Microfinance Vice President Accounts Interview Experiences

1 interview found

Vice President Accounts Interview Questions & Answers

user image Anonymous

posted on 8 Mar 2021

Interview Questionnaire 

3 Questions

  • Q1. What do you know about the Company
    • View 5 more amswers
  • Q2. What do you know about the Micro Finance
  • Ans. 

    Microfinance is a financial service that provides small loans and other financial services to low-income individuals or groups.

    • Microfinance helps to alleviate poverty by providing access to financial services to those who are traditionally excluded from the formal banking sector.

    • It typically involves small loans, savings accounts, and insurance products.

    • Microfinance institutions (MFIs) are the primary providers of micr...

    • Answered by AI
    Add your answer
  • Q3. What are the RBI guidelines for NBFC and MFIs
  • Ans. 

    RBI guidelines for NBFC and MFIs

    • NBFCs need to maintain a minimum capital adequacy ratio of 15%

    • MFIs are required to maintain a minimum net owned fund of Rs. 15 lakhs

    • RBI has set up a separate department for supervision of NBFCs

    • NBFCs are required to submit periodic reports to RBI

    • RBI has issued guidelines for fair practices code for NBFCs and MFIs

    • Answered by AI
    Add your answer

Top trending discussions

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Interview Tips & Stories
1d
amanchoudhari
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·
student at
Pune Institute of Computer Technology, Pune
SAP Labs Interview Experience | On-Campus | SAP Basis Consultant
I participated in SAP Labs' 2025 placement drive at Pune Institute of Computer Technology (PICT) for the SAP Basis Consultant role. The process included three rounds: an aptitude + CS fundamentals test, a group discussion (GD), and a technical + HR interview. In the GD, I confidently initiated the discussion on "Being Famous vs Being Knowledgeable," supporting my points with examples. During the interview, I discussed my resume, internship experience with Node.js, PostgreSQL, and Prisma ORM, and machine learning models like Random Forest Regression. I also explained my problem-solving approach and adaptability to new technologies. I was one of the five students selected, and it was a great learning experience. My advice to future aspirants: Be thorough with your resume, practice aptitude and CS fundamentals, and work on communication skills. #Experiences #interviewexperiences #Experiences-QnA
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Interview questions from similar companies

Assistant Vice President Interview Questions & Answers

Vistaar Finance user image Anonymous

posted on 15 Feb 2023

Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Aug 2022. There were 4 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 - Technical 

(1 Question)

  • Q1. Related to past roles and fitment questions for current role
    • Add your answer
Round 3 - Technical 

(1 Question)

  • Q1. Related to fitment for role, technical case scenarios
    • Add your answer
Round 4 - HR 

(1 Question)

  • Q1. Compensation related, HR was more interested in current pay grade
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - I would suggest not to consider Vistaar finance for your next role unless you are very needy.
They do no reflect good HR policies and they have amateur HRs who deal with senior level candidates. These guys show as if they are doing a favour by offering the role which is highly unethical. They need serious training sessions for their HR team who are in recruitment process.
Avoid even interviewing with them as they offer compensation way below industry standards.
The HR namely Sekhar Pal is highly indecent, avoid this organisation as this HR showed me the bad culture of the organisation during onboarding process itself, he is never available on calls if you will have any doubt and won't revert on any mails as well.

Assistant Vice President Interview Questions & Answers

BA Continuum user image Alankar Yannam

posted on 27 Jul 2022

I applied via Referral and was interviewed in Jan 2022. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Many to many relation on jpa.
    • Add your answer
Round 2 - Technical 

(1 Question)

  • Q1. Manager will check whether stay and listen to him or not
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy to crack the interview. Few few people (lessthan 5%) have good knowledge. They prefer taking contractors rather than permanent employees. With my experience i found quality of vendor employees are so poor (if recruit 10 contract employees two employees can stay for long)

Deputy Vice President Interview Questions & Answers

Midland Microfin Limited user image Anonymous

posted on 5 Oct 2023

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Oct 2022. There were 3 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 - HR 

(1 Question)

  • Q1. Basically it was resume screening like previous experience, worked locations, reason for changing job and locations for new job
    • Add your answer
Round 3 - One-on-one 

(1 Question)

  • Q1. 1. Best previous experience. 2. Best achievement and promotions of last organization. 3. RNR achievement. 4. Skills of team handling, Crisis handling and Management, team hiring. 5. Attrition control, Cash...
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - As per the above mentioned questions, the resume should be self explanatory of all such type of questions so that selection decision can be made easily for the interview.
More about working at Light Microfinance

Light Microfinance Interview FAQs

What are the top questions asked in Light Microfinance Vice President Accounts interview?

Some of the top questions asked at the Light Microfinance Vice President Accounts interview -

  1. What are the RBI guidelines for NBFC and M...read more
  2. What do you know about the Micro Fina...read more

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