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North East Small Finance Bank

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North East Small Finance Bank Business Development Executive Interview Questions and Answers for Experienced

Updated 14 May 2022

North East Small Finance Bank Business Development Executive Interview Experiences for Experienced

1 interview found

I applied via Company Website and was interviewed in Feb 2021. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. Tell me about your self ?
  • Q2. What do you know about Northeast small Finance Bank ?
  • Q3. Why you choose Banking sector ?
  • Q4. What is NEFT & RTGS ?
  • Ans. 

    NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) are electronic payment systems used for transferring funds between banks in India.

    • NEFT is a payment system that operates in batches and settles transactions in hourly intervals.

    • RTGS is a payment system that settles transactions individually and in real-time.

    • NEFT has no minimum or maximum transaction limit, while RTGS has a minimum transacti...

  • Answered by AI
  • Q5. Difference between JLG & SHG ?
  • Ans. 

    JLG and SHG are both types of group lending models used in microfinance.

    • JLG stands for Joint Liability Group and is a model where a group of individuals take a loan together and are jointly liable for repayment.

    • SHG stands for Self-Help Group and is a model where a group of individuals save together and then take loans from their own savings.

    • JLGs are typically used for larger loans and have a higher repayment rate due t...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - 1. Always smile when going for interview ?
2.Think positive
3. If you don't know the answer then quite the question don't give the wrong answers
4. Before entering the room and seat taken permission from HR

Interview questions from similar companies

I was interviewed in Jan 2017.

Interview Preparation Tips

Round: Test
Experience: too practical
Tips: based on proper technical reasoning
Duration: 1 hour
Total Questions: 30

College Name: Prestige institute of management gwalior

I applied via Walk-in and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic information like other interviews

Interview Preparation Tips

Interview preparation tips for other job seekers - This is bank cum insurance sector. Seniors mostly Focused on Life insurance productivity then CASA FD and GI.

I applied via Recruitment Consultant and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Tell me something about your self?
  • Q2. What is your ambition?
  • Q3. Where u see yourself after 5 year in this industry?

Interview Preparation Tips

Interview preparation tips for other job seekers - .....

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

Interview Questionnaire 

2 Questions

  • Q1. Definition of marketing?
  • Ans. 

    Marketing is the process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

    • Marketing involves identifying customer needs and wants

    • Developing products or services to meet those needs and wants

    • Promoting those products or services to potential customers

    • Selling the products or services to customers

    • Building and maintaining relationships wi...

  • Answered by AI
  • Q2. Marketing is a getting and keeping the customer

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for field sales

Interview Questionnaire 

4 Questions

  • Q1. Which bank Do you Work in.
  • Ans. 

    I currently work at XYZ Bank as a Business Development Executive.

    • I work at XYZ Bank as a Business Development Executive.

    • I have been with XYZ Bank for the past two years.

    • My role at XYZ Bank involves identifying and pursuing new business opportunities.

    • I work closely with the sales and marketing teams to develop strategies for growth.

    • I have successfully brought in several new clients and increased revenue for the bank.

  • Answered by AI
  • Q2. What did you do in the last bank
  • Ans. 

    I worked as a Relationship Manager in the last bank.

    • Managed a portfolio of high net worth clients

    • Identified cross-selling opportunities and generated revenue

    • Provided financial advice and solutions to clients

    • Maintained strong relationships with clients and internal stakeholders

  • Answered by AI
  • Q3. How much of your experience has been so far
  • Ans. 

    I have 5 years of experience in business development.

    • I have worked in the business development field for 5 years.

    • During my experience, I have successfully generated new business opportunities and expanded existing client relationships.

    • I have a proven track record of meeting and exceeding sales targets.

    • I have developed and implemented strategic plans to drive business growth.

    • I have strong negotiation and communication s...

  • Answered by AI
  • Q4. Did your target in Your last bank.
  • Ans. 

    Yes

    • Yes, my target in my last bank was to acquire new corporate clients and increase the bank's market share.

    • I successfully achieved my target by identifying potential clients, conducting market research, and developing tailored solutions to meet their financial needs.

    • I exceeded my target by acquiring 10 new corporate clients within the first quarter, resulting in a 20% increase in the bank's market share.

    • I also focused...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - We should give our interview and become convinced.
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 - Behavioral 

(1 Question)

  • Q1. Basic about banking. RBI's roles in the banking system. About SFB.
Round 3 - HR 

(1 Question)

  • Q1. Basic question about your life & education.

I applied via Referral and was interviewed in Aug 2022. 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 - HR 

(1 Question)

  • Q1. Qualification and old company business

Interview Preparation Tips

Interview preparation tips for other job seekers - Business analyst and good communication skills
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Casa, insurance, targets
  • Q2. How much Insurance targets you can fulfill
  • Ans. 

    I have consistently met and exceeded insurance targets in my previous roles.

    • I have a proven track record of meeting and exceeding insurance targets in my previous positions

    • I am skilled at identifying potential clients, building relationships, and closing deals to meet targets

    • I am confident in my ability to fulfill insurance targets through strategic planning and effective sales techniques

  • Answered by AI
  • Q3. Tell me the documents required for Private limited
  • Ans. 

    Documents required for Private limited company formation

    • Memorandum of Association (MOA)

    • Articles of Association (AOA)

    • Certificate of Incorporation

    • PAN Card of the company

    • Identity and address proof of directors

    • Address proof of registered office

    • Board resolution for opening bank account

    • Declaration of compliance

    • Share certificate

    • Common seal (optional)

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. How could you acquire accounts
  • Ans. 

    I could acquire accounts through networking, cold calling, attending industry events, and leveraging social media.

    • Networking with industry professionals and potential clients

    • Cold calling to introduce our services and schedule meetings

    • Attending industry events to meet potential clients and partners

    • Leveraging social media platforms to reach out to prospects

    • Offering promotions or discounts to attract new accounts

  • Answered by AI
  • Q2. What kind of activity do you do for accounts acquisition
  • Ans. 

    I utilize a combination of networking, cold calling, and attending industry events to acquire new accounts.

    • Networking with industry professionals to generate leads

    • Cold calling potential clients to pitch our services

    • Attending industry events and conferences to meet potential clients face-to-face

    • Utilizing social media platforms to connect with prospects

    • Offering promotions or discounts to attract new accounts

  • Answered by AI

North East Small Finance Bank Interview FAQs

How many rounds are there in North East Small Finance Bank Business Development Executive interview for experienced candidates?
North East Small Finance Bank interview process for experienced candidates usually has 2 rounds. The most common rounds in the North East Small Finance Bank interview process for experienced candidates are Resume Shortlist and HR.
What are the top questions asked in North East Small Finance Bank Business Development Executive interview for experienced candidates?

Some of the top questions asked at the North East Small Finance Bank Business Development Executive interview for experienced candidates -

  1. What is NEFT & RTG...read more
  2. Difference between JLG & SH...read more
  3. Difference between saving and fixed depo...read more

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North East Small Finance Bank Business Development Executive Salary
based on 155 salaries
₹1.6 L/yr - ₹3.1 L/yr
42% less than the average Business Development Executive Salary in India
View more details

North East Small Finance Bank Business Development Executive Reviews and Ratings

based on 51 reviews

3.8/5

Rating in categories

4.0

Skill development

3.5

Work-life balance

3.3

Salary

3.7

Job security

3.8

Company culture

2.9

Promotions

3.6

Work satisfaction

Explore 51 Reviews and Ratings
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