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Mag Finserv Company Interview Questions and Answers

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Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
-

I was interviewed in Dec 2024.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Previous work experience
  • Q2. How to manage team and all collection related questions to demonstrate tough situation

Interview Preparation Tips

Interview preparation tips for other job seekers - Ok ok company if u have other options please opt for it
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. How event loop works?
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Why should you be selected in DMI?
  • Ans. 

    I should be selected in DMI because of my strong technical skills, passion for problem-solving, and ability to work well in a team.

    • I have a solid foundation in computer science and programming languages such as Java, C++, and Python.

    • I have experience working on various projects where I successfully solved complex technical challenges.

    • I am a quick learner and always eager to expand my knowledge and skills.

    • I have excelle...

  • Answered by AI
  • Q2. What are the skills that you need to improve and why?
  • Ans. 

    I need to improve my problem-solving skills and technical knowledge.

    • Enhance problem-solving skills by practicing more coding challenges and puzzles

    • Deepen technical knowledge by reading books, taking online courses, and working on personal projects

    • Improve communication skills to effectively collaborate with team members and stakeholders

  • Answered by AI
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Why this job with this profile. They never read my CV before interview
  • Q2. Useless questions not centred around JD

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't waste time. Fools din't read JD or my CV before asking questions. Waste of time.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Dec 2024.

Round 1 - Assignment 

Housenig lone purisesa

Round 2 - Coding Test 

Houseing lone documents and complete lone

Round 3 - Assignment 

Customers explain process the loan and convince

Interview Preparation Tips

Interview preparation tips for other job seekers - Good job speaker on good fast and process and life features
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Whats your name
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Dec 2024.

Round 1 - HR 

(1 Question)

  • Q1. General questions about your prior work expression
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Good communication
Round 2 - HR 

(1 Question)

  • Q1. Work experience

Credit and Operations Interview Questions & Answers

Repco Home Finance user image Anonymous

posted on 9 Jun 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Excellently interview was good

Round 2 - Technical 

(1 Question)

  • Q1. About home loan
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jul 2023. 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 Resume tips
Round 2 - Behavioral 

(6 Questions)

  • Q1. Types of liability
  • Ans. 

    Types of liability include current liabilities, long-term liabilities, contingent liabilities, and deferred liabilities.

    • Current liabilities are debts due within one year, such as accounts payable and short-term loans.

    • Long-term liabilities are debts due in more than one year, such as bonds payable and long-term loans.

    • Contingent liabilities are potential liabilities that depend on a future event, such as warranties and l...

  • Answered by AI
  • Q2. Types of assets
  • Ans. 

    Assets can be classified into tangible and intangible assets.

    • Tangible assets include physical items like property, equipment, and inventory.

    • Intangible assets include intellectual property, patents, trademarks, and goodwill.

  • Answered by AI
  • Q3. Advance Excel knowledge
  • Q4. Excel Vlookup & pivot table
  • Q5. Different between gross profit and net profit
  • Ans. 

    Gross profit is total revenue minus cost of goods sold, while net profit is gross profit minus operating expenses and taxes.

    • Gross profit = Total revenue - Cost of goods sold

    • Net profit = Gross profit - Operating expenses - Taxes

    • Gross profit is the amount of money a company makes from selling goods or services before deducting expenses

    • Net profit is the amount of money a company has left after deducting all expenses from

  • Answered by AI
  • Q6. Advance excel formula
  • Ans. 

    Advance excel formula refers to complex functions and calculations used in Excel to manipulate data.

    • Advanced excel formulas include VLOOKUP, INDEX-MATCH, SUMIFS, COUNTIFS, etc.

    • These formulas are used to perform complex calculations, lookups, and data analysis.

    • For example, VLOOKUP is used to search for a value in a table and return a corresponding value from another column.

  • Answered by AI

Skills evaluated in this interview

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Mag Finserv Company Interview FAQs

How to prepare for Mag Finserv Company interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Mag Finserv Company. The most common topics and skills that interviewers at Mag Finserv Company expect are Gold Loan, Business Development, NBFC, Accounting and Excel.

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Mag Finserv Company Interview Process

based on 2 interviews

Interview experience

4
  
Good
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Mag Finserv Company Reviews and Ratings

based on 24 reviews

2.9/5

Rating in categories

2.9

Skill development

2.5

Work-life balance

2.4

Salary

2.3

Job security

2.4

Company culture

2.1

Promotions

2.3

Work satisfaction

Explore 24 Reviews and Ratings
Branch Manager - Gold Loan

Kolhapur,

Pune

+1

1-5 Yrs

₹ 4-6 LPA

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