MyMoneyMantra Area Sales Manager Interview Questions and Answers

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

• Gold loan is a secured loan where the borrower pledges their gold jewelry as collateral.

• The loan amount is determined based on the value of the gold pledged.

• Interest rates for gold loans are generally lower compared to other types of loans.

• Gold loans are popular in countries like India, where gold is considered a valuable asset.

• If the borrower fails t...read more

Our main competition in the market is Company X, with a market share of 30%.

• Company X is our biggest competitor.

• They currently hold a 30% market share.

• Their product offerings are similar to ours.

• We need to focus on differentiating ourselves from Company X.

I use a combination of networking, referrals, and targeted outreach to collect leads.

• I attend industry events and conferences to meet potential clients

• I ask current clients for referrals and offer incentives for successful referrals

• I use social media and online platforms to identify and reach out to potential leads

• I research and target specific industries or companies that may benefit from our services

• I regularly follo...read more