Muthoot Mercantile Interview Questions and Answers

Strategies to sell gold loan

• Identify target audience and their needs

• Offer competitive interest rates and flexible repayment options

• Provide quick and hassle-free loan processing

• Create awareness through marketing campaigns and referral programs

• Establish trust and credibility through transparent policies and customer service

• Collaborate with gold dealers and jewellers to expand reach

• Offer value-added services like insuranc

Gold loan is a type of secured loan where gold is used as collateral.

• The loan amount is determined by the value of the gold pledged as collateral.

• The interest rates are usually lower than unsecured loans.

• The repayment period can vary from a few months to a few years.

• If the borrower fails to repay the loan, the lender can sell the gold to recover the amount.

• Examples of gold loan providers include Muthoot Finance, Manapp

I was previously employed as a Branch Manager at XYZ Bank.

• Managed a team of 15 employees and oversaw daily operations of the branch.

• Developed and implemented strategies to increase customer satisfaction and retention.

• Achieved branch sales targets by promoting various banking products and services.

• Responsible for maintaining compliance with banking regulations and policies.

• Handled customer complaints and resolved issues...read more

I was previously employed as a Branch Manager at XYZ Bank.

• Managed a team of 15 employees and oversaw daily operations of the branch.

• Developed and implemented strategies to increase customer satisfaction and retention.

• Achieved branch sales targets by promoting various banking products and services.

• Responsible for maintaining compliance with regulatory requirements.

• Handled customer complaints and resolved issues in a tim...read more