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Magma Housing Finance Regional Operations Manager Interview Questions and Answers

Updated 24 Feb 2022

Magma Housing Finance Regional Operations Manager Interview Experiences

1 interview found

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 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

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Communication is must
Nice bank to grow

Interview Questionnaire 

1 Question

  • Q1. Tell About Yourself

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

Interview Questionnaire 

3 Questions

  • Q1. Why do you want to be a banker?
  • Q2. Tell me about yourself?
  • Q3. If you are having family business then why do want to job?

Interview Preparation Tips

Interview preparation tips for other job seekers - Guys wherever you are going for interview in whichever company just be confident even if u realised that you said something wrong then also stay confident bcz thts wt recruiters see at first. And secondly be honest about everything bcz if u answer everything honestly it will boost your confidence level. And just be prepared for the results tht wtever will hpn I will accept in tht way you will scared bcz you are not sacred for loosing.. rest work on content frame the sentences first before speaking.

I applied via Recruitment Consultant and was interviewed before Oct 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. How to sale personal loan
  • Ans. 

    To sell personal loans, focus on the benefits, offer competitive rates, and tailor the loan to the customer's needs.

    • Highlight the benefits of the loan, such as flexible repayment options and quick access to funds

    • Offer competitive interest rates and fees compared to other lenders

    • Tailor the loan to the customer's specific needs and financial situation

    • Provide excellent customer service and follow-up to build trust and loy...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Give clear idea of selling how to sell loan and other products. Give answers with confidence

I was interviewed in Jan 2017.

Interview Questionnaire 

1 Question

  • Q1. About resume, academics etc.

Interview Preparation Tips

Round: Group Discussion
Experience: An abstract topic was given the on which we were supposed to discuss for 15 minutes followed by individual summary of the discussion and a common conclusion.
Tips: Stay confident and cover all the points in conclusion, while keep summary based on your point of view.
Duration: 15 minutes

Round: Stress Interview
Experience: It was more of a stress interview where they were trying to test my patience. They kept asking me stress questions on my resume and qualification background. They were judging my view point and my decision making skills. Overall tempo of the interview was skewed towards the candidate being able to handle the pressure and show his calm and composed side in those moments.
Tips: The tips I would like to give to candidates will be be confident and calm in an interview no matter what. If you don't know something that's totally okay, nobody is judging you for your knowledge only. It is the overall personality and behavior that matters. Last thing and most important thing which I would like to add is be honest about everything that is there.

Interview Questionnaire 

6 Questions

  • Q1. Briefing of resume
  • Q2. Familiarity with accounts
  • Q3. Tell me all the sources of money for an organization
  • Q4. Tell me about yourself
  • Ans. 

    I am a relationship manager with 5 years of experience in managing client relationships and providing financial advice.

    • I have a Bachelor's degree in Finance from XYZ University.

    • I have worked with ABC Bank for 3 years and gained experience in managing high net worth clients.

    • I am skilled in financial analysis, risk management, and investment planning.

    • I have a proven track record of achieving sales targets and building lo...

  • Answered by AI
  • Q5. Why bank?
  • Ans. 

    Banking offers a dynamic and challenging work environment with opportunities for growth and development.

    • Banking is a constantly evolving industry with new technologies and products being introduced regularly.

    • Working in a bank provides exposure to a wide range of clients and industries.

    • Banking offers opportunities for career growth and development through training and mentorship programs.

    • The role of a relationship manag...

  • Answered by AI
  • Q6. Why should we hire you?
  • Ans. 

    I have the necessary skills, experience, and passion to excel in this role.

    • I have a proven track record of building and maintaining strong relationships with clients.

    • I am highly organized and able to manage multiple tasks and priorities effectively.

    • I am a skilled communicator and able to effectively convey complex information to clients.

    • I am passionate about helping clients achieve their financial goals and am committe...

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: It was overall a simple test, some difficult questions were there to check the patience of student. Otherwise the questions were of moderate level.
Tips: Prepare basic things, work on fast calculation & anlytical skills. For sales competency section no need to give ideal answers, be realistic.
Duration: 120 minutes aprox minutes

Round: Technical Interview
Experience: It was a 10-15 minute interview. He asked basic things & the interviewer was focusing on my financial knowledge
Tips: If you are planning to appear in hdfc interview, work on your accounting, frame some stories of your life, try to find out your skills so that they can hire you.

Round: HR Interview
Experience: The questions were simple, they were looking for relative experience & person suitable for their profile.
Tips: Sales experience of internship will add some weightage to your performance. Try to share experience of projects you have worked on.

Round: FLIP Online training program
Experience: They detailed us about the profile, gave us relavant information & took the test for the same. There were online ppts on types of loan, balance sheet, credit note etc.
Tips: You have to work seriously to crack this part of process. Once you clear this you will become a member of hdfc bank. All the best

General Tips: If you are looking for a profile in banking sector, then work on accounting balance shhets & generate your interest in the same field. It is not always about financial selling. You may have to give advice to your customers, prepare credit note.
Skills: sales, financial knowledge, communication skills, grasping power, commen sense
College Name: IMDR
Motivation: Name of the company, profile was a mixture of sales & finance & I was confused about my interest whether lies in sales or office work (analysis). So i applied
Funny Moments: waiting time. We spent a great time in Indira college that day.

Interview Preparation Tips

Round: Test
Experience: I scored 42 out of 60 and 60 people were selecred out of 300
Tips: First attempt those questions which you know to save time.
Duration: 1 hour
Total Questions: 60

College Name: IBS Gurgaon

I applied via AmbitionBox and was interviewed in Sep 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Dear all I'm interested for this bank and job title and I'm already RM position and working capital with business banking in 1.4 month or total experience 5 year.so consider
  • Q2. Dear all I'm interested for salary packege hike and grade update
  • Q3. KHUSHIRAM GURJAR, AM grade and RM profile with Business Banking Au Small Finance Bank Ltd. location of Deoli,Tonk,sawai madhopur

Interview Preparation Tips

Interview preparation tips for other job seekers - Dear all I'm interested for this job and so.
Please provide salary and grade hike

I applied via Campus Placement and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. 1. How do you define marketing? 2. Your approach for sales 3. How do you cross sell products
  • Ans. 

    Marketing is the process of promoting and selling products or services to customers.

    • Marketing involves identifying customer needs and wants

    • Creating a product or service that meets those needs

    • Promoting the product or service through advertising, public relations, and other channels

    • Sales approach involves building relationships with customers

    • Understanding their needs and providing solutions

    • Cross-selling involves identify...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident
Go through sales interviews qns and answers
Be pratical and be yourself

Magma Housing Finance Interview FAQs

How many rounds are there in Magma Housing Finance Regional Operations Manager interview?
Magma Housing Finance interview process usually has 2 rounds. The most common rounds in the Magma Housing Finance interview process are Resume Shortlist.

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