Ofbusiness Customer Relationship Manager Interview Questions and Answers

Secured loans are backed by collateral, while unsecured loans are not.

• Secured loans require collateral to secure the loan, such as a house or car

• Unsecured loans do not require collateral and are based on the borrower's creditworthiness

• Secured loans typically have lower interest rates due to the lower risk for the lender

• Examples of secured loans include mortgages and auto loans, while credit cards and personal loans are

There are several types of loans including personal loans, home loans, auto loans, student loans, and business loans.

• Personal loans

• Home loans

• Auto loans

• Student loans

• Business loans

Basic documents for a business loan include financial statements, business plan, credit history, and personal identification.

• Financial statements (income statement, balance sheet, cash flow statement)

• Business plan outlining the purpose of the loan and how it will be used

• Credit history of the business and its owners

• Personal identification documents (such as driver's license or passport)

• Collateral documents (if applicabl

15% of 2 lakhs is 30,000.

• Calculate 15% of 2 lakhs by multiplying 2,00,000 by 0.15

• 15% of 2 lakhs = 2,00,000 * 0.15 = 30,000

Indifi is a financial technology company that provides lending solutions to small businesses in India.

• Indifi is a fintech company

• It offers lending solutions to small businesses

• It operates in India

• Indifi uses technology to assess creditworthiness and provide loans to businesses

• The company focuses on sectors like travel, hospitality, e-commerce, and retail