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Paytm Payments Bank Business Development Executive Interview Questions and Answers

Updated 21 Jan 2021

Paytm Payments Bank Business Development Executive Interview Experiences

1 interview found

Interview Questionnaire 

1 Question

  • Q1. What you think about paytm
  • Ans. 

    Paytm is a leading Indian digital wallet and e-commerce platform.

    • Paytm has over 350 million registered users and offers a range of services including mobile recharges, bill payments, and online shopping.

    • It has also expanded into financial services such as loans, insurance, and investments.

    • Paytm has faced some controversies in the past, including allegations of data privacy violations and anti-competitive practices.

    • Howe...

  • Answered by AI

Interview questions from similar companies

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

I applied via Referral and was interviewed in Nov 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 

(2 Questions)

  • Q1. Knowledge in banking & sales marketing
  • Q2. Customer handling & manage potential lead and increase business

Interview Preparation Tips

Interview preparation tips for other job seekers - If you interested in banking it is very good bank to start your career

I applied via Walk-in and was interviewed in Apr 2022. There were 2 interview rounds.

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 - HR 

(3 Questions)

  • Q1. Difference between saving and fixed deposit
  • Ans. 

    Saving is a flexible account with low interest rates while fixed deposit is a locked account with higher interest rates.

    • Saving account offers lower interest rates compared to fixed deposit account

    • Fixed deposit account has a fixed tenure while saving account has no fixed tenure

    • Saving account allows frequent withdrawals while fixed deposit account has penalties for early withdrawals

    • Fixed deposit account is suitable for l...

  • Answered by AI
  • Q2. Some GK, like name of finance minister etc
  • Q3. If we place in another city or town ,are you comfortable?

Interview Preparation Tips

Interview preparation tips for other job seekers - Just give answer confidently and show that you are interested.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Apr 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Tell me about your self?
  • Q2. Why you chose sell job?
  • Q3. Sell me the product/service.
  • Ans. 

    Our product/service is a game-changing solution that will revolutionize the way you work.

    • Our product/service is designed to increase efficiency and productivity.

    • It is user-friendly and easy to use, saving you time and money.

    • Our product/service is customizable to fit your specific needs.

    • It has been tested and proven to deliver results, with satisfied customers worldwide.

    • Our customer support team is available 24/7 to ass

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, and always be positively

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

I applied via Job Portal and was interviewed in Feb 2021. There were 2 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. How many accounts can soutce in a month
  • Ans. 

    The number of accounts I can source in a month depends on various factors such as the industry, target market, and available resources.

    • The industry and target market play a crucial role in determining the number of accounts that can be sourced in a month.

    • The available resources such as the size of the sales team, budget, and tools also impact the number of accounts that can be sourced.

    • On average, I can source around 20...

  • Answered by AI
  • Q2. What is your strength
  • Ans. 

    My strength is my ability to build strong relationships and negotiate win-win deals.

    • Strong relationship building skills

    • Effective negotiation skills

    • Ability to identify and capitalize on opportunities

    • Excellent communication and interpersonal skills

  • Answered by AI
  • Q3. Case study and questions followed as per the case
  • Q4. What did you know about the company
  • Ans. 

    The company is a leading technology solutions provider specializing in software development and consulting services.

    • The company was founded in 2005 and has since grown to become a global player in the industry.

    • They have a diverse portfolio of clients ranging from small startups to large multinational corporations.

    • The company offers a wide range of services including web and mobile app development, cloud computing, and ...

  • Answered by AI
  • Q5. How long you will be with the company
  • Ans. 

    I plan to be with the company for the long term, as I am committed to contributing to its growth and success.

    • I am looking for a stable and fulfilling career, and this position aligns with my long-term goals.

    • I am excited about the company's vision and believe in its potential for growth.

    • I am confident that my skills and experience will allow me to make a significant impact in this role.

    • I am committed to continuous learn...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and dont express your anxiety or fear.

Interview Questionnaire 

1 Question

  • Q1. Tell me something about your self? Tell me something about NESFB
  • Ans. 

    I am a Business Development Executive with a strong track record in driving growth and building strategic partnerships. NESFB is a leading microfinance institution focused on empowering rural communities through financial inclusion.

    • Experienced in identifying new business opportunities and developing innovative strategies to expand market reach.

    • Proven ability to build and maintain strong relationships with key stakehold...

  • Answered by AI

I applied via Company Website

Interview Questionnaire 

1 Question

  • Q1. How much business u can convert in 1st 3 months

Interview Preparation Tips

Interview preparation tips for other job seekers - Business motive

I applied via Walk-in and was interviewed in Apr 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - HR 

(3 Questions)

  • Q1. Difference between saving and fixed deposit
  • Ans. 

    Saving is a flexible account with low interest rates while fixed deposit is a locked account with higher interest rates.

    • Saving account offers lower interest rates compared to fixed deposit account

    • Fixed deposit account has a fixed tenure while saving account has no fixed tenure

    • Saving account allows frequent withdrawals while fixed deposit account has penalties for early withdrawals

    • Fixed deposit account is suitable for l...

  • Answered by AI
  • Q2. Some GK, like name of finance minister etc
  • Q3. If we place in another city or town ,are you comfortable?

Interview Preparation Tips

Interview preparation tips for other job seekers - Just give answer confidently and show that you are interested.

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

Interview Questionnaire 

2 Questions

  • Q1. Why choosing banking industry?
  • Q2. Interested in banking,career growth as per our performance and customer servive,analysing suitable products,sales

Interview Preparation Tips

Interview preparation tips for other job seekers - Be cool always

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Paytm Payments Bank Business Development Executive Salary
based on 4 salaries
₹1.2 L/yr - ₹3.8 L/yr
37% less than the average Business Development Executive Salary in India
View more details

Paytm Payments Bank Business Development Executive Reviews and Ratings

based on 3 reviews

2.9/5

Rating in categories

2.7

Skill development

2.8

Work-Life balance

2.8

Salary & Benefits

2.1

Job Security

2.9

Company culture

1.6

Promotions/Appraisal

2.8

Work Satisfaction

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