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Paynear Solutions Interview Questions and Answers
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Interview Questionnaire
1 Question
- Q1. Most of logical questions
I applied via Naukri.com and was interviewed before Mar 2021. There were 4 interview rounds.
Interview Preparation Tips
I applied via Referral and was interviewed before Apr 2021. There were 3 interview rounds.
Interview Preparation Tips
I applied via LinkedIn and was interviewed before Apr 2020. There were 4 interview rounds.
Interview Questionnaire
5 Questions
- Q1. Tell me something about yourself?
- Q2. Why you want to switch from Indian banking to US mortgage?
- Ans.
I want to switch from Indian banking to US mortgage because it offers new challenges, growth opportunities, and a chance to work in a different market.
I am seeking new challenges and opportunities for growth in my career.
Working in the US mortgage industry will allow me to gain valuable experience in a different market.
I am excited about the prospect of learning about the intricacies of the US mortgage system and apply...
- Q3. Tell me what you know about US mortgage?
- Ans.
US mortgage is a loan taken to purchase a property, secured by the property itself.
Mortgage interest rates are influenced by the economy and credit score.
There are different types of mortgages such as fixed-rate, adjustable-rate, and FHA loans.
The down payment required for a mortgage can vary from 3% to 20% depending on the lender and type of loan.
Defaulting on a mortgage can result in foreclosure and the loss of the p...
- Q4. If you come up with a policy and the senior management is ok with it but your team members are against it. How will you cope up with that situation?
- Ans.
I will try to understand the reasons behind their opposition and address their concerns while also explaining the benefits of the policy.
I will schedule a meeting with the team members to discuss their concerns and try to understand their perspective.
I will explain the rationale behind the policy and how it aligns with the company's goals.
I will address their concerns and try to find a middle ground that satisfies both...
- Q5. What challenges you faced in your current role and how you overcome that?
Interview Preparation Tips
* It should reflect that you are interested in learning and your eagerness to learn.
* Good work on situation based questions is very important.
I appeared for an interview in Nov 2020.
Interview Questionnaire
1 Question
- Q1. Why to leave previous organization
Interview Preparation Tips
I applied via Referral and was interviewed before Mar 2021. There were 2 interview rounds.
Interview Preparation Tips
I applied via Referral and was interviewed before Aug 2021. There were 3 interview rounds.
Interview Preparation Tips
I appeared for an interview before Mar 2021.
(2 Questions)
Round duration - 90 Minutes
Round difficulty - Medium
- Q1.
Cycle Detection in a Singly Linked List
Determine if a given singly linked list of integers forms a cycle or not.
A cycle in a linked list occurs when a node's
nextpoints back to a previous node in the ... - Ans.
Detect if a singly linked list forms a cycle by checking if a node's next points back to a previous node.
Use Floyd's Cycle Detection Algorithm to determine if there is a cycle in the linked list.
Maintain two pointers, one moving at double the speed of the other, if they meet at any point, there is a cycle.
If one of the pointers reaches the end of the list (null), there is no cycle.
- Q2.
Next Greater Element Problem Statement
Given a list of integers of size
N, your task is to determine the Next Greater Element (NGE) for every element. The Next Greater Element for an elementXis the firs... - Ans.
Find the Next Greater Element for each element in a list of integers.
Iterate through the list of integers from right to left.
Use a stack to keep track of elements for which the Next Greater Element is not yet found.
Pop elements from the stack until a greater element is found or the stack is empty.
Assign the Next Greater Element as the top element of the stack or -1 if the stack is empty.
(1 Question)
Round duration - 60 Minutes
Round difficulty - Medium
- Q1. How would you design an ATM machine?
- Ans.
Designing an ATM machine involves considering user interface, security measures, transaction processing, and hardware components.
User interface should be intuitive and easy to navigate for users of all ages.
Implement security measures such as PIN entry, card authentication, and encryption to protect user data.
Transaction processing should be fast and reliable, with options for cash withdrawals, deposits, transfers, and...
Round duration - 45 Minutes
Round difficulty - Easy
Interview Preparation Tips
Tip 1 : Practice DSA daily
Tip 2 : Try to think of the solution first before jumping to the solution
Tip 3 : Go through interview experience
Tip 4 : Have mock interviews
Tip 1 : Know in depth what is there in your resume
Tip 2 : Mention your skills and work properly
Skills evaluated in this interview
Selected
I applied via Walk-in and was interviewed before May 2023. There was 1 interview round.
Selected
I applied via Walk-in and was interviewed before Dec 2023. There were 2 interview rounds.
(1 Question)
- Q1. Basic question like previous exp, strength and weakness and salary expection
(1 Question)
- Q1. Salary discussion
Interview Preparation Tips
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Paynear Solutions Reviews and Ratings
based on 21 reviews
Rating in categories
|
Sales Manager
4
salaries
|  ₹4.5 L/yr - ₹5 L/yr |
|
Software Engineer
3
salaries
| ₹3.8 L/yr - ₹5 L/yr |
|
Associate Software Engineer
3
salaries
| ₹1.2 L/yr - ₹3 L/yr |
|
Assistant Manager
3
salaries
| ₹3.4 L/yr - ₹5.5 L/yr |
|
Senior Sales Manager
3
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| ₹5.1 L/yr - ₹10.5 L/yr |
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