Oxyzo Financial Services Interview Questions and Answers

Explore alternative options such as obtaining a letter of explanation, conducting a site visit, or verifying income through bank statements.

• Request a letter of explanation from the borrower detailing the reason for missing documents.

• Conduct a site visit to verify the borrower's identity and assess the property.

• Verify the borrower's income through bank statements or other financial records.

• Consider accepting alternative documents that may provide similar information to the req...read more

Documents required for loan against property include proof of identity, address, income, property documents, and bank statements.

• Proof of identity (such as Aadhar card, passport, PAN card)

• Proof of address (such as utility bills, rental agreement)

• Income documents (such as salary slips, income tax returns)

• Property documents (such as title deed, sale deed)

• Bank statements (to show repayment capacity)

Financial ratios are used to evaluate a company's financial performance and health.

• Liquidity ratios: measure a company's ability to meet short-term obligations

• Profitability ratios: measure a company's ability to generate profits

• Solvency ratios: measure a company's ability to meet long-term obligations

• Efficiency ratios: measure a company's ability to use its assets and resources efficiently

• Examples of ratios include current ratio, debt-to-equity ratio, return on equity, and in...read more

Cash-burning concept refers to a business model that spends more money than it earns.

• It is a common strategy for startups to gain market share quickly.

• It can be risky if the company cannot secure additional funding.

• Examples include Uber, which spent billions on expansion and marketing before turning a profit.

• Credit underwriters need to assess the financial health and sustainability of companies with this model.

I prepare pipeline by identifying potential leads, nurturing relationships, and tracking progress through various stages.

• Identify target market and potential leads

• Utilize various lead generation strategies such as networking events, cold calling, and email campaigns

• Nurture relationships with leads through personalized communication and follow-ups

• Track progress of leads through CRM software and adjust strategies accordingly