Upload Button Icon Add office photos

Filter interviews by

Namaste Credit Mortgage Underwriter Interview Questions and Answers

Updated 3 Jul 2022

Namaste Credit Mortgage Underwriter Interview Experiences

1 interview found

I applied via Walk-in and was interviewed in Jan 2022. There were 2 interview rounds.

Round 1 - Aptitude Test 

Ratios, percentages and some balance sheet related problems

Round 2 - HR 

(1 Question)

  • Q1. What is Working capital, financial statement, why it is used and balance sheet question

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and be motivated. If you fail also attend another interview and don't quit. And one more suggestion if you are studying in MBA you are on finance specialisation. Do finance related job only. Studying finance and going for HR or marketing etc jobs don't do this kind of things.

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Basic educational background
  • Q2. Do you have your own laptop
  • Ans. 

    Yes, I have my own laptop.

    • I have my own laptop which I use for work purposes.

    • Having my own laptop allows me to work remotely and efficiently.

    • I am familiar with various software and tools used in credit management.

    • Having a personal laptop ensures data security and confidentiality.

    • I can provide examples of how I have utilized my laptop in previous credit management roles.

  • Answered by AI
Round 3 - One-on-one 

(2 Questions)

  • Q1. Ratio Analysis. Balance Sheet and P&L ratios
  • Q2. Business Model Understanding

Interview Preparation Tips

Interview preparation tips for other job seekers - Review your accounting ratios, P&L, Balance Sheet and Cash Flow
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via IIM Jobs and was interviewed before May 2023. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. What is Factoring? How is it different from other financing options.
  • Ans. 

    Factoring is a financial transaction where a company sells its accounts receivable to a third party at a discount.

    • Factoring provides immediate cash flow by selling invoices to a third party at a discount.

    • Unlike traditional loans, factoring is not a loan but a sale of accounts receivable.

    • Factoring is based on the creditworthiness of the company's customers rather than the company itself.

    • Factoring can be a quicker and ea...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Read up about the company and the industry. Find out who are the competitors. Read and understand the JD posted before going for the interview. Would help to brush up on basic finance and sales knowledge. Eg. Components of a balance sheet. Sales tactics

Interview Questionnaire 

4 Questions

  • Q1. Tell me about your current role & responsibilities?
  • Q2. Same has been delivered
  • Q3. Your qualities?
  • Q4. Same has been done.

Interview Preparation Tips

Interview preparation tips for other job seekers - No pressure. It was more than a discussion instead of interview which is very good. Always make interviewer comfortable.

I applied via Naukri.com and was interviewed in Aug 2022. There were 3 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. Collection experience
  • Ans. 

    I have extensive experience in collections, including managing a team of collectors.

    • Managed a team of collectors to ensure timely and effective collection of outstanding debts

    • Developed and implemented collection strategies to improve overall collection rates

    • Negotiated payment plans with delinquent customers to avoid legal action

    • Utilized various collection tools and software to streamline the collection process

    • Maintaine...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. Collection experience and How long you will work

Interview Preparation Tips

Interview preparation tips for other job seekers - Hi,Good morning all. This is Prashanth Reddy uni cards collection manager Good to work with UNI team.

Interview Preparation Tips

Round: Test
Experience: CAT-type data interpretation test.30 questions in 35 minutes.Fast graph interpretation and quick calculations.
Tips: CAT preparation will help.
Duration: 35 minutes
Total Questions: 30

Round: Case Study Interview
Experience: A simple case, based on the credit card industry or any other field, is given. Cases lay more focus on quantitative skills apart from the focus on asking the right questions.There is a shortlist made after each case round.
Tips:  Fast calculation and insight into what data may be required to solve the case are essential.Practice the cases given on their website and at www.beprepared.in.

Round: Behavorial Interview
Experience: Questions are asked based on incidents- give examples of instances when you led a team successfully or when you had to go against your team, etc.
Tips:  Practice HR questions from HLPQ.

General Tips: Positions Of Responsibility (PORs) are required but not mandatory. They are of secondary importance if one has scored well in the exam. A good CV with good internships/projects will help one to get shortlisted.
Skill Tips: "Student needs to be quick with simple percentage calculations."
Skills: Basic Quantitative skills
College Name: IIT Kharagpur

Interview Preparation Tips

Round: Test
Experience: Written Test ( DI questions, each involving 2-3 plots)

Round: Interview
Experience: Started with a “Tell me something about your-self question”. I believe it was just to set the ball rolling and was not evaluated. The interviewer then gave me a case question wherein I had to make a choice between a diesel and a petrol car. There were 3 parts to the question (some candidates were asked 1 / 2 as well). The first dealt with finding the breakeven point given the basic set of cost, fuel price and fuel consumption data. Next was to find breakeven considering the money was acquired at a certain rate of interest (bond/loan). Both these results involved basic calculation and I was comfortable with them. The final part was about calculating the breakeven, again, but this time considering depreciation. This is where I was caught off guard and though I did turn up with a figure, the interviewer was not completely satisfied.

General Tips: Do get a basic background of the firm and also about terms in the related field.
Skill Tips: I was not hesitant and was reasonably confident while answering. What went wrong was perhaps the fact that I was caught unaware of how depreciation works and how it had to be included in the equation. I fumbled a lot with the equation and puzzled as to where to include terms for depreciation etc.
College Name: IIT KANPUR

Interview Preparation Tips

Round: Test
Experience: There was test which was purely data analysis and calculator was allowed. So the procedure that they follow is that first they shortlist 50 people and a small case interview is followed. The case I was asked was to calculate the change in the cost of a grocery store if it has changed its model from cash on delivery with a physical store to an online portal which has cash on delivery option. As I had practiced it already I took some time to give structure and then gave 3-4 reasons for change in cost and then he gave me some numbers based on which I had to calculate the break even time period or amount . But I think he expected a little bit different approach or was searching for a different solution as I wasn't selected for the final interview sessions. I think 22 people were selected for the final interview session out of which 2 people were finally selected in Cap One.

College Name: IIT KANPUR

Interview Preparation Tips

Round: Resume Shortlist
Experience: I started my placement journey by getting shortlisted in Capital One on Day 1. They shortlisted 125 candidates on the basis of resume.

Round: Case Study Interview
Experience: Then, they took a case study interview and reduced the number to 30.

Round: Test
Experience: Then, they again took an aptitude test and selected none of them. But, on the day 2, I sat for the GDs and interviews of Coca Cola and got selected.

College Name: IIT KANPUR

Interview Preparation Tips

Round: Group Activity
Experience: There was initially an interview of about 5 mins in which they asked me to describe a situation where I worked in a team.

Round: Case Study Interview
Experience: Then there was a case study round. It was a slightly involved case on the credit card industry and involved a lot of
calculations. There were 3 different credit card strategies with different rates of interest and credit limits and we had to choose the best strategy for the company. I came up with correct strategy and hence got through the first round. 

The 2nd case was that of Dominos evaluating a new scheme wherein they would offer a 30% discount instead of 100%, in cases where the pizzas could not be delivered within 30 minutes. Next the discount was changed to 70%. I was asked to evaluate the on-time delivery that they can risk not to have in order to make the same profit as they make when they give 100% discount and have 90% on-time delivery. Then I was asked to plot a graph between on-time delivery and the discount offered and interpret it. It was there that I lost track and couldn't come up with the right conclusion. Nevertheless I was selected for the next round.

Round: Behavioural Interview
Experience: It was a behavioral interview wherein I had to describe them 3 situations in detail. During the entire interview the interviewer kept writing something on the paper. The key to this round was choosing the right incidents and then describing each and every point in detail. It lasted for about 30 mins. Ideally there were to be only 2 rounds of case interview and one behavioral interview but I was again called for a 3rd case interview round. It was very similar to the 1st case except that the credit card company was replaced by a dish-tv one. This one didn't go very well as I was very much exhausted and hence faltered at several places.

College Name: IIT KANPUR

Namaste Credit Interview FAQs

How many rounds are there in Namaste Credit Mortgage Underwriter interview?
Namaste Credit interview process usually has 2 rounds. The most common rounds in the Namaste Credit interview process are Aptitude Test and HR.

Tell us how to improve this page.

Interview Questions from Similar Companies

CapitalOne Interview Questions
3.7
 • 79 Interviews
Kissht Finance Interview Questions
3.9
 • 32 Interviews
Uni Cards Interview Questions
3.8
 • 24 Interviews
indiagold Interview Questions
4.2
 • 22 Interviews
SafexPay Interview Questions
3.7
 • 17 Interviews
ZestMoney Interview Questions
4.0
 • 14 Interviews
INDMoney Interview Questions
3.4
 • 13 Interviews
Eduvanz Interview Questions
3.6
 • 12 Interviews
Drip Capital Interview Questions
3.8
 • 11 Interviews
View all
Credit Underwriter
135 salaries
unlock blur

₹2 L/yr - ₹4 L/yr

Junior Underwriter
56 salaries
unlock blur

₹2 L/yr - ₹3.7 L/yr

Underwriter
37 salaries
unlock blur

₹1.8 L/yr - ₹3 L/yr

Software Engineer
27 salaries
unlock blur

₹3.6 L/yr - ₹11.3 L/yr

Senior Credit Underwriter
24 salaries
unlock blur

₹3 L/yr - ₹6 L/yr

Explore more salaries
Compare Namaste Credit with

Kissht Finance

3.9
Compare

Fino Paytech

3.9
Compare

Uni Cards

3.8
Compare

Stashfin

4.3
Compare
Did you find this page helpful?
Yes No
write
Share an Interview