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North East Small Finance Bank

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North East Small Finance Bank Credit Officer Interview Questions and Answers

Updated 9 Aug 2024

North East Small Finance Bank Credit Officer Interview Experiences

2 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Aug 2023. There were 2 interview rounds.

Round 1 - Group Discussion 

Carrier and ambition of life

Round 2 - HR 

(2 Questions)

  • Q1. Why do you want to do this job?
  • Ans. 

    I am passionate about analyzing financial data and helping individuals and businesses make informed credit decisions.

    • Enjoy analyzing financial data and assessing credit risk

    • Passionate about helping individuals and businesses make informed credit decisions

    • Excited about the opportunity to contribute to the financial health of clients

    • Seeking a challenging and rewarding career in the financial industry

  • Answered by AI
  • Q2. What do you know about Credit Officer?
  • Ans. 

    Credit Officers are responsible for evaluating and approving loan applications, assessing creditworthiness, and managing risk for financial institutions.

    • Evaluate loan applications to determine creditworthiness

    • Assess risk and make decisions on loan approvals

    • Monitor and manage existing loan portfolios

    • Ensure compliance with regulations and policies

    • Communicate with clients to gather necessary information

    • Analyze financial s...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Good preparation for the post which has been submitting

Interview Questionnaire 

6 Questions

  • Q1. What have you done after graduation
  • Q2. What is your dream
  • Q3. Why are you choosing banking sector
  • Q4. What you expact
  • Q5. What you want
  • Q6. What will you want

Interview Preparation Tips

Interview preparation tips for other job seekers - Such a great a experience. Good interviewer. Good communication.happy to give this interview.

Credit Officer Interview Questions Asked at Other Companies

Q1. How can you are calculate income if customer not filing the incom ... read more
asked in CSB Bank
Q2. How we can identify a bad loan proposal and a good loan proposal
Q3. What is CIBIL and Full Form of CIBIL?
Q4. Which one is eligible for housing and mortgage loan and other loa ... read more
asked in CSB Bank
Q5. What are the areas to be improved in the present banking system ( ... read more

Interview questions from similar companies

I applied via Other and was interviewed before Jan 2017. There were 4 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. HR executive Asking me my How was your experience in old company. and how handle client,how is process file punching. your comfort this job profile. you now current job profile.I have give satisfy answer...
  • Q2. I am asking about what is the job profile of the company , how study new file.
  • Q3. I am asking to HR Executive which salary make and how is increase salary appraisal wise or senior employees wise .
  • Q4. What is the timing daily work.

Interview Preparation Tips

Round: Resume Shortlist
Experience: Branch Manager Give One new file than asking me how handle this client and how punched this case.

General Tips: I think every job seekers perfect his profile. minimum 80% knowledge his job profile.He already study against new company. collect his history and information.Any question asking hime but he give answer them confidently. he confidence looking first impression. he look show is perfect executive they good impression. Job seeker complitly real situation tell him. example asking question when que. related discussion must do not west time HR executive.

Skills: dont take work pressure, Communication, Body Language, Problem Solving, Analytical Skills, Leadership, Presentation Skills, Time Management, Decision Making Skills
Duration: <1 week

I applied via Naukri.com and was interviewed before Nov 2019. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. What is CIBIL and Full Form of CIBIL?
  • Q2. FOIR and IIR Description?
  • Ans. 

    FOIR and IIR are ratios used by lenders to assess the creditworthiness of borrowers.

    • FOIR stands for Fixed Obligation to Income Ratio and is calculated by dividing the borrower's fixed obligations (such as loan EMIs, rent, etc.) by their monthly income.

    • IIR stands for Installment to Income Ratio and is calculated by dividing the borrower's total loan installments by their monthly income.

    • Both ratios help lenders determine...

  • Answered by AI
  • Q3. How to conduct PD With Customer?
  • Q4. What is Credit 5cs?
  • Ans. 

    Credit 5Cs is a framework used by lenders to evaluate the creditworthiness of a borrower.

    • The 5Cs are Character, Capacity, Capital, Collateral, and Conditions.

    • Character refers to the borrower's reputation and credit history.

    • Capacity refers to the borrower's ability to repay the loan.

    • Capital refers to the borrower's assets and net worth.

    • Collateral refers to the assets that can be used as security for the loan.

    • Conditions ...

  • Answered by AI
  • Q5. Credit Related Many Questions I.e.like ITR,ABB and Legal Report

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was a technical one but was majorly a stress test. It lasted for about 45 Minutes. The interviewer wanted to test both my knowledge and communication skills. Most of the questions asked to me were related to Last Experience Company Credit Policy and Work curriculum i.e. Customer Profile, Credit Process, Credit Sanction related topics. He stressed a lot on the basics related to my Credit Work topic.Luckily I was able to answer most of the questions correctly. I tried to answer each question with examples and also used props on the table (like pens, paperweights, pen stands etc.) to explain my theories and Practice Experience.You need to stay calm and should apply presence of mind. Please go through the job description thoroughly word-by-word and recheck your resume to ensure that you are a best-fit for the position.

I applied via Walk-in and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

4 Questions

  • Q1. First impression with HR & Business Manager he check my body language family background etc its most important part your family background if you go there for interview than maintain your decorum simple s...
  • Q2. All company need hord working person so if you go in pvt sector mentally strong
  • Q3. If you go first time for interview and you selected in the company dont asked first for salary its go negative feedback
  • Q4. Check company policy work culture and customer service, its most important part in all companies, so dont rude with customer in any work presure

Interview Preparation Tips

Interview preparation tips for other job seekers - My advice to all freshers and experience person first where you go for interview check details all about the company second decent look maintain (formal ) for interview, dont see your watch in interview time, need simple smile on your face ,not tell any thing else other than topics

I applied via Walk-in and was interviewed before Jul 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 - Case Study 

10 complete through Assembly of God Church School

Interview Preparation Tips

Topics to prepare for Equitas Small Finance Bank Credit Officer interview:
  • Operations
  • Recruitment
Interview preparation tips for other job seekers - Work as a Credit officer in ESFB. Through phone call.

I applied via Referral and was interviewed in Jul 2019. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. How I will do the pd and I could check the cibil and track. What question to ask from customer. What documents are required for processing the case for decision.

Interview Preparation Tips

Interview preparation tips for other job seekers - My interview is very good with Acm Sir. I satisfy to my boss with answers.
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Dec 2022. There were 4 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 

(4 Questions)

  • Q1. In this round HR ask question from my CV.
  • Q2. How can handle HL and LAP product
  • Ans. 

    Handling HL and LAP products requires thorough knowledge of credit policies, risk assessment, and customer profiling.

    • Understand the credit policies and guidelines of the organization

    • Conduct a thorough risk assessment of the borrower and collateral

    • Profile the customer to understand their financial background and repayment capacity

    • Ensure timely disbursement and monitoring of the loan

    • Maintain regular communication with th...

  • Answered by AI
  • Q3. What is difference between housing loan and mortgage loan
  • Ans. 

    Housing loan is for purchasing or constructing a house, while mortgage loan is secured by a property as collateral.

    • Housing loan is used for buying or building a house, while mortgage loan can be used for any purpose but is secured by a property as collateral.

    • Housing loan is typically for a longer term and has lower interest rates than mortgage loan.

    • Mortgage loan can be used to refinance an existing loan or to consolida...

  • Answered by AI
  • Q4. Which one is eligible for housing and mortgage loan and other loan
  • Ans. 

    Individuals with stable income, good credit score, and sufficient collateral are eligible for housing, mortgage, and other loans.

    • Stable income is a key factor in loan eligibility

    • Good credit score indicates creditworthiness and repayment capability

    • Sufficient collateral provides security to the lender

    • Other factors such as age, employment history, and debt-to-income ratio may also be considered

    • Examples of collateral inclu

  • Answered by AI
Round 3 - Technical 

(7 Questions)

  • Q1. What is underwriting
  • Ans. 

    Underwriting is the process of evaluating the risk of lending money to a borrower.

    • Underwriting involves analyzing the borrower's creditworthiness, financial history, and ability to repay the loan.

    • The underwriter also assesses the value of the collateral, if any, that the borrower is offering to secure the loan.

    • Based on this analysis, the underwriter decides whether to approve or deny the loan, and what terms and condit...

  • Answered by AI
  • Q2. How can you are calculate income if customer not filing the income tax return in business class
  • Ans. 

    To calculate income for a customer not filing income tax return in business class, alternative methods can be used.

    • Review bank statements and financial records to identify income sources and patterns

    • Consider industry benchmarks and market research to estimate income

    • Assess the customer's assets, investments, and property ownership to determine potential income

    • Analyze the customer's business expenses and profit margins t...

  • Answered by AI
  • Q3. What is the LTV ratio as per the RBI norms
  • Ans. 

    The LTV ratio as per RBI norms varies based on the type of loan and collateral.

    • For home loans up to Rs. 75 lakh, the LTV ratio is 90%

    • For loans above Rs. 75 lakh, the LTV ratio is 80%

    • For loans against gold jewellery, the LTV ratio is 75%

    • For loans against fixed deposits, the LTV ratio is 90%

    • The LTV ratio is the ratio of the loan amount to the value of the collateral

    • RBI periodically reviews and revises the LTV ratio norms

  • Answered by AI
  • Q4. How can you conduct PD in case of Street shops
  • Ans. 

    PD for street shops can be conducted through a combination of on-site visits, financial analysis, and market research.

    • Conduct on-site visits to observe the shop's location, foot traffic, and overall appearance.

    • Analyze the shop's financial statements, including income statements and balance sheets.

    • Research the local market to understand competition and demand for the shop's products or services.

    • Consider the shop owner's...

  • Answered by AI
  • Q5. How can you access the income of Kirana shopkeeper
  • Ans. 

    The income of a Kirana shopkeeper can be accessed through various methods.

    • One can ask for the shop's financial statements and tax returns.

    • One can also observe the shop's daily sales and estimate the income.

    • Additionally, one can ask for references from suppliers or other business partners.

    • Finally, one can conduct a credit check to determine the shop's creditworthiness.

    • It is important to respect the shopkeeper's privacy

  • Answered by AI
  • Q6. How can we calculate income of pandit
  • Ans. 

    The income of a pandit can be calculated based on their profession and the services they provide.

    • Calculate the fees charged by the pandit for various services like performing puja, conducting rituals, etc.

    • Consider the number of clients the pandit serves in a month or year.

    • Take into account any additional income sources like teaching or writing books on Hinduism.

    • Compare the income with the average income of pandits in t...

  • Answered by AI
  • Q7. What is the parameter of cibil
  • Ans. 

    CIBIL is a credit information company that maintains credit records of individuals and companies.

    • CIBIL stands for Credit Information Bureau (India) Limited.

    • It maintains credit records of individuals and companies, including their credit history, credit score, and creditworthiness.

    • The credit score ranges from 300 to 900, with a higher score indicating better creditworthiness.

    • Lenders use CIBIL reports to evaluate the cre...

  • Answered by AI
Round 4 - HR 

(4 Questions)

  • Q1. What is the main thing in any valuation and technical report
  • Ans. 

    The main thing in any valuation and technical report is accuracy.

    • Accuracy is crucial in any valuation and technical report.

    • The report should be based on reliable data and calculations.

    • The report should be free from errors and inconsistencies.

    • The report should be able to provide a clear and concise picture of the subject being evaluated.

    • For example, in a credit report, accuracy is important in determining the creditwort

  • Answered by AI
  • Q2. What is the legal report which document is mandatory for em creation
  • Ans. 

    The legal report mandatory for EM creation is the credit report.

    • The credit report is a detailed summary of an individual's credit history and financial behavior.

    • It includes information on credit accounts, payment history, outstanding debts, bankruptcies, and other financial data.

    • Lenders use credit reports to assess the creditworthiness of a borrower and determine the risk of lending money to them.

    • The credit report is m...

  • Answered by AI
  • Q3. Why 13 years flow is mandatory for any any legal report
  • Ans. 

    13 years flow is mandatory for any legal report to ensure accuracy and completeness of information.

    • The 13-year time frame is based on the statute of limitations for most legal claims.

    • It allows for a comprehensive review of the borrower's credit history and financial behavior.

    • It also helps to identify any patterns or trends in the borrower's creditworthiness.

    • Examples of legal reports that require a 13-year flow include ...

  • Answered by AI
  • Q4. What is the incumbrance and CERSAI
  • Ans. 

    Incumbrance refers to a claim or lien on a property, while CERSAI is a central registry for security interests on movable assets.

    • Incumbrance can be in the form of a mortgage, a lien, or a charge on a property.

    • CERSAI stands for Central Registry of Securitisation Asset Reconstruction and Security Interest of India.

    • CERSAI is a government-owned company that maintains a central registry of security interests on movable asse...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I always suggest to jobs seekers before giving any interviews we have to update basic knowledge and read policies and rules and regulation as per RBI, without taking any conceptual and basic knowledge we cannot break any interview
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
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 

(2 Questions)

  • Q1. Credit related questions
  • Q2. Ratios and balance sheet analysis

Interview Preparation Tips

Interview preparation tips for other job seekers - Positive vibes
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected

I applied via AmbitionBox

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 

(2 Questions)

  • Q1. Branch banking Credit oriented
  • Q2. Benchmarking related Questions
Round 3 - HR 

(1 Question)

  • Q1. Salary details conversation

North East Small Finance Bank Interview FAQs

How many rounds are there in North East Small Finance Bank Credit Officer interview?
North East Small Finance Bank interview process usually has 2 rounds. The most common rounds in the North East Small Finance Bank interview process are Group Discussion and HR.

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North East Small Finance Bank Credit Officer Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
View more
North East Small Finance Bank Credit Officer Salary
based on 35 salaries
₹1.6 L/yr - ₹3 L/yr
40% less than the average Credit Officer Salary in India
View more details

North East Small Finance Bank Credit Officer Reviews and Ratings

based on 16 reviews

4.1/5

Rating in categories

3.7

Skill development

3.2

Work-life balance

2.9

Salary

3.6

Job security

3.3

Company culture

3.0

Promotions

3.2

Work satisfaction

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