Muthoot Finance Assistant Manager Incharge Interview Questions and Answers

Q1. Working place and location
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Q2. My experience credit team SME
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Q1. My job experience 6 years
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Q2. On time job working
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Q1. May notice period 2 month
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Q2. Dehradun Vikasnagr
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Q1. Tell me about yourself.
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Q2. What motivates you to want to join BFIL?
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Q3. Basic questions about previous employers and reasons of leaving previous job.
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Basic maths and common science exam

Q1. Inroduce urself
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Q2. What is loan procurement
Ans. 
Loan procurement is the process of obtaining a loan from a financial institution or lender.
• Involves submitting an application for a loan

• Includes providing necessary documentation such as income verification and credit history

• May require meeting certain eligibility criteria set by the lender

• Can involve negotiating loan terms and interest rates

• Examples: applying for a mortgage, car loan, or personal loan
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Q1. Technical knowledge and job profile related
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Q2. As per process and work experience based
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Q1. Previous job roles
Ans. 
I have held various roles in credit management, including Credit Analyst, Collections Specialist, and Credit Supervisor.
• Credit Analyst role involved assessing creditworthiness of customers and making recommendations for credit limits.

• Collections Specialist role focused on contacting customers with overdue accounts and negotiating payment plans.

• Credit Supervisor role involved overseeing a team of credit analysts and col...read more
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Q1. Income assessment done by me ?
Ans. 
Income assessment is a crucial part of my role as a Branch Credit Manager.
• I assess income through pay stubs, tax returns, bank statements, and employment verification.

• I analyze the consistency and stability of income to determine creditworthiness.

• I consider sources of income, such as salary, bonuses, commissions, and rental income.

• I calculate debt-to-income ratios to assess the borrower's ability to repay loans.

• I may a...read more
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Q2. How to do income assessment of Vada Pav Vendor ?
Ans. 
Assessing income of a Vada Pav vendor involves evaluating daily sales, expenses, location, customer base, and competition.
• Calculate average daily sales by observing customer traffic and pricing.

• Consider expenses such as ingredients, rent, utilities, and labor costs.

• Evaluate the location's foot traffic and potential for growth.

• Assess the vendor's customer base and loyalty.

• Analyze competition in the area and pricing stra...read more
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Q1. Comfortable discuss his education, family and his genral knowledge, and after privious experience
Ans. Comfortable given answer self, family and his education and current job
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Q2. If interviewer are not eligible then say go otherwise if he is comfortable then we are trying his body language and his capacity for workload
Ans. Dress code was good formal dress with formal shoes and no any stress about work
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Q3. We want an educated underwriting and expert person for as a credit manager
Ans. He/she answered to us is experts in underwriting with PD and income calculation
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Q4. Asking about team handling and branch handling
Ans. Yes I am very comfortable with my team and my team also very comfort with me and we are solve any issues branch end and we are discussing in our joint group
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Q5. Any privious case discussion wherever face problems he is solve it
Ans. Any last case disburse who can your biggest case
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Q6. Asking about our company
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Q1. Wat is FSI AND WHY 13 YEARS TRACE REQUIRED
Ans. 
FSI stands for Financial Stress Index. 13 years trace is required to analyze long-term financial trends.
• FSI is a measure of financial stress in the economy, taking into account various indicators such as interest rates, credit spreads, and market volatility.

• Analyzing a 13-year trace allows for a comprehensive understanding of long-term financial trends and patterns.

• This long-term data helps in identifying potential ris...read more
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