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Muthoot Microfin Business Development Interview Questions and Answers for Experienced

Updated 19 Feb 2021

Muthoot Microfin Business Development Interview Experiences for Experienced

1 interview found

Interview Questionnaire 

1 Question

  • Q1. What is your Strength

Interview Preparation Tips

Interview preparation tips for other job seekers - Please Share all Details is Accurate because you are provide right information of HR Team, then HR give a batter opportunity of you.

Interview questions from similar companies

I applied via Campus Placement and was interviewed in Nov 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Why you prefer sales
  • Q2. About yourself
  • Q3. How you convince people for sell
  • Ans. 

    I convince people for sell by understanding their needs, building trust, and offering solutions.

    • Listen actively to their needs and concerns

    • Provide relevant information and benefits of the product/service

    • Address any objections or questions they may have

    • Build rapport and establish trust

    • Offer solutions that meet their needs and budget

    • Follow up and maintain a positive relationship

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It was my first interview and fortunately I cracked my interview round and placed . I only said that if you are giving any interview ,you must be confident in your self as well as knowledge also . If you don't know English that okay because company see your knowledge how to convince you to other people for sell . Your communication skill must be good and knowledge about company in proper way .
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Privious company details
  • Q2. Sales Products Marketing
Round 2 - One-on-one 

(2 Questions)

  • Q1. Employees report
  • Q2. Employee attrition
Round 3 - One-on-one 

(2 Questions)

  • Q1. Reference collect
  • Q2. Marketing sales
Round 4 - One-on-one 

(2 Questions)

  • Q1. Customer service
  • Q2. Bussiness grorwth
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Qualification finance
  • Q2. Experience finance sector

Interview Preparation Tips

Interview preparation tips for other job seekers - Most required your practical work

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

Interview Questionnaire 

3 Questions

  • Q1. 1.my present job role
  • Ans. 

    I am currently working as a Senior Relationship Manager at XYZ Bank.

    • Managing a portfolio of high net worth clients

    • Providing personalized financial advice and solutions

    • Building and maintaining strong relationships with clients

    • Meeting sales targets and revenue goals

    • Leading a team of Relationship Managers

    • Analyzing market trends and competitor activities

    • Developing and implementing strategies to increase market share

  • Answered by AI
  • Q2. 2.product specific knowledge
  • Q3. Planning for new assignment
  • Ans. 

    Planning for a new assignment

    • Identify the objectives and goals of the new assignment

    • Create a detailed timeline and action plan

    • Allocate resources and assign responsibilities

    • Monitor progress and make necessary adjustments

    • Communicate and collaborate with team members

    • Evaluate the success of the assignment

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - be specific about your answer

I applied via Naukri.com and was interviewed before May 2021. 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 - One-on-one 

(1 Question)

  • Q1. Be confident on gold loan and health insurance... Speak more on cross selling.

Interview Preparation Tips

Interview preparation tips for other job seekers - Gold loan and health insurance... Be confident on these products...

I applied via Company Website and was interviewed before Dec 2016. There were 2 interview rounds.

Interview Preparation Tips

Round: Resume Shortlist
Experience: Bank experience and sharing work culture with my previous employer in myt resume

General Tips: As I am a retired executive from a nationalized bank and I have shared my experience how to dealt with NPA and recovery and collection.

Be bold, honest and don"t be nervous at the time of interview and explain whatever you are aware.
Skills: Communication, Body Language, Presentation Skills, Decision Making Skills
Duration: >3 Months

I applied via Recruitment Consultant and was interviewed in Aug 2017. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Basic background questions and candidate suitability
  • Q2. To check your business acumen in retail loan segment and your plan of action to achieve the desired results

Interview Preparation Tips

General Tips: Put as much stress as possible on your experience in retail loans and small ticket size secured loans.
Skills: Problem Solving, Leadership, Decision Making Skills
Duration: 1-4 weeks

I applied via Naukri.com and was interviewed before Oct 2019. There were 6 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Can you do gold valuation?
  • Ans. 

    Yes, I have experience in gold valuation.

    • I have completed a course in gold valuation and have experience in assessing the purity and value of gold.

    • I am familiar with the different methods of gold valuation such as acid test, XRF analysis, and fire assay.

    • In my previous role, I have conducted gold valuation for customers and provided them with accurate assessments.

    • I keep myself updated with the current market trends and ...

  • Answered by AI
  • Q2. Which carat can we accept for gold loan?
  • Ans. 

    We can accept gold loans of any carat.

    • We accept gold loans of all carats, including 24 carat, 22 carat, 18 carat, etc.

    • The carat of gold determines its purity, with 24 carat being the purest form.

    • Different carats of gold have different levels of purity and value.

    • We assess the value of the gold based on its carat and weight.

    • Customers can avail gold loans regardless of the carat of their gold.

  • Answered by AI
  • Q3. Do you know hallmarks?
  • Ans. 

    Yes, hallmarks are distinctive characteristics or features that are used to identify or recognize something.

    • Hallmarks are often used in the context of identifying or recognizing the quality, authenticity, or origin of a product or item.

    • In the jewelry industry, hallmarks are small marks or stamps on precious metal items that indicate the metal's purity or quality.

    • In the legal field, hallmarks can refer to significant or...

  • Answered by AI
  • Q4. How will you do team management for gold loan marketing?
  • Ans. 

    I will ensure effective communication, set clear goals, provide training and support, and recognize and reward achievements.

    • Regular team meetings to discuss progress and challenges

    • Setting individual and team targets and monitoring progress

    • Providing training and support to team members to improve their skills

    • Recognizing and rewarding achievements to motivate the team

    • Encouraging teamwork and collaboration among team memb...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Knowledge needed about gold loan and process

I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. About My Self , My Last Company Job profile , About Team Management And Working Style etc.

Interview Preparation Tips

Interview preparation tips for other job seekers - I wanna say that if are confident about yourself and about your job role then you can crack any type of interview without any reference or jack.

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