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Magma Housing Finance Interview Questions and Answers

Updated 9 Dec 2024

Magma Housing Finance Interview Experiences

Popular Designations

5 interviews found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. What will know about magma company?
  • Q2. How much you can earn in magma by sales?

Interview Preparation Tips

Interview preparation tips for other job seekers - Required knowledge of current market.

Relationship Manager Interview Questions asked at other Companies

Q1. How will you market banking products ? Are you willing to work at the ground level ? What are the challenges of marketing at ground level ? How different is it from other kinds of marketing? What did you learn in mba with respect to marketi... read more
View answer (47)

I applied via Referral and was interviewed in Nov 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Once business finalize your interview. There is only one thing pending which is negotiation.
  • Q2. Interview discussion is totally based on the product that you are currently working. The interviewer first look out for confidence in you and your work. Once the interviewer sees your confidence level, sec...
  • Ans. Answer is added in question section itself.
  • Answered by Iqbal Alam

Interview Preparation Tips

Interview preparation tips for other job seekers - Read my above comments mentioned in question section.

General Manager Interview Questions asked at other Companies

Q1. If we do 100% Banking, End of the Month Bank gives us Statement, Which account can be easily tracked from the Statement
View answer (2)

I applied via Naukri.com and was interviewed in Jan 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 Resume tips
Round 2 - CPU 

(1 Question)

  • Q1. Present company Work process
  • Ans. 

    Our company follows a streamlined work process to ensure efficiency and quality.

    • We begin by identifying the client's needs and requirements.

    • We then assign a dedicated team to work on the project.

    • Regular communication and progress updates are provided to the client.

    • Quality checks are conducted at every stage of the project.

    • Final delivery is made only after thorough testing and approval from the client.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Na waiting for next round call

Regional Operations Manager Interview Questions asked at other Companies

Q1. What are the revenue sources of Airtel and arrive at an approximate figure for it?
View answer (1)

Interview Questionnaire 

1 Question

  • Q1. What products sell in when you was working there wonder home finance
  • Ans. 

    Various financial products such as home loans, mortgage refinancing, home equity loans, and insurance policies were popular at Wonder Home Finance.

    • Home loans

    • Mortgage refinancing

    • Home equity loans

    • Insurance policies

  • Answered by AI

Relationship Manager Interview Questions asked at other Companies

Q1. How will you market banking products ? Are you willing to work at the ground level ? What are the challenges of marketing at ground level ? How different is it from other kinds of marketing? What did you learn in mba with respect to marketi... read more
View answer (47)

Magma Housing Finance interview questions for popular designations

 Relationship Manager

 (3)

 General Manager

 (1)

 Regional Operations Manager

 (1)

I applied via Walk-in and was interviewed in Dec 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Whatabout previous product knowledge and experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Just say confidently what you said

Relationship Manager Interview Questions asked at other Companies

Q1. How will you market banking products ? Are you willing to work at the ground level ? What are the challenges of marketing at ground level ? How different is it from other kinds of marketing? What did you learn in mba with respect to marketi... read more
View answer (47)

Interview questions from similar companies

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 - One-on-one 

(2 Questions)

  • Q1. Ways to increase in Loyal customer base.
  • Ans. 

    To increase loyal customer base, focus on customer satisfaction, personalized experiences, loyalty programs, and social media engagement.

    • Provide excellent customer service and address any issues promptly

    • Offer personalized experiences and tailor products/services to individual needs

    • Implement a loyalty program with rewards and incentives

    • Engage with customers on social media and respond to feedback

    • Create a sense of commun...

  • Answered by AI
  • Q2. Ways to retain customers
  • Ans. 

    Retaining customers is crucial for business growth. Here are some ways to do it.

    • Provide excellent customer service

    • Offer loyalty programs and rewards

    • Personalize communication and offers

    • Regularly ask for feedback and act on it

    • Stay in touch through email, social media, or newsletters

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Knowing company objective than job seekers objectives.
Learn to undustand company expectations.
Be very clear what is the value addition you are going to build for the company.

I applied via Referral and was interviewed in Dec 2021. There were 3 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. Tell me about yourself
  • Q2. What you used to do in your previous organization
  • Q3. Why you want to work in financial sector
  • Q4. Why do you think crypto currency is falling down
  • Ans. 

    Crypto currency is falling due to various factors.

    • Lack of regulation and security concerns

    • Decrease in demand and increase in supply

    • Negative news and market manipulation

    • Competition from other cryptocurrencies

    • Overall market trends and economic factors

  • Answered by AI
  • Q5. Where do you see indian stock market after 5 years
  • Ans. 

    The Indian stock market is expected to grow steadily over the next 5 years.

    • The Indian economy is projected to grow at a steady pace, which will positively impact the stock market.

    • The government's focus on economic reforms and infrastructure development will attract more foreign investments.

    • The increasing use of technology and digitalization in the stock market will make it more accessible to retail investors.

    • The ongoin...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and real, tell everything in detail

I applied via Campus Placement and was interviewed in Dec 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Stock market knowledge and have you invested in it
  • Ans. 

    Yes, I have a good understanding of the stock market and have invested in it.

    • I have been following the stock market for several years and have a good understanding of how it works.

    • I have invested in a variety of stocks and have experience with both short-term and long-term investments.

    • I am familiar with different investment strategies and have a good understanding of risk management.

    • For example, I recently invested in ...

  • Answered by AI
  • Q2. Yess I have invested

Interview Preparation Tips

Interview preparation tips for other job seekers - Communication skills are very important
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Mar 2023. There was 1 interview round.

Round 1 - One-on-one 

(3 Questions)

  • Q1. How sale was done, how sale close
  • Ans. 

    Sales are achieved through building relationships with clients and understanding their needs, leading to successful closures.

    • Build rapport with clients to understand their needs and preferences

    • Present products or services in a compelling way that addresses client's needs

    • Handle objections effectively and provide solutions

    • Negotiate terms and close the sale by gaining client's commitment

    • Follow up with clients to ensure sa

  • Answered by AI
  • Q2. Product knowledge
  • Q3. How you like your job
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Aug 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 Resume tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Asked about Dsa's,and same they verified also.
  • Q2. Introduction about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be real what you're saying should be correct
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Magma Housing Finance Interview FAQs

How many rounds are there in Magma Housing Finance interview?
Magma Housing Finance interview process usually has 1-2 rounds. The most common rounds in the Magma Housing Finance interview process are HR and Resume Shortlist.
What are the top questions asked in Magma Housing Finance interview?

Some of the top questions asked at the Magma Housing Finance interview -

  1. What products sell in when you was working there wonder home fina...read more
  2. Present company Work proc...read more
  3. Once business finalize your interview. There is only one thing pending which is...read more

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Magma Housing Finance Interview Process

based on 1 interview

Interview experience

4
  
Good
View more

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Magma Housing Finance Reviews and Ratings

based on 151 reviews

4.4/5

Rating in categories

3.9

Skill development

4.0

Work-life balance

3.7

Salary

4.1

Job security

4.0

Company culture

3.6

Promotions

4.0

Work satisfaction

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