Piramal Capital Housing Finance Branch Credit Manager Interview Questions and Answers

Basic maths and common science exam

Q1. Inroduce urself
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Q2. What is loan procurement
Ans. 
Loan procurement is the process of obtaining a loan from a financial institution or lender.
• Involves submitting an application for a loan

• Includes providing necessary documentation such as income verification and credit history

• May require meeting certain eligibility criteria set by the lender

• Can involve negotiating loan terms and interest rates

• Examples: applying for a mortgage, car loan, or personal loan
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Q1. Income assessment done by me ?
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Income assessment is a crucial part of my role as a Branch Credit Manager.
• I assess income through pay stubs, tax returns, bank statements, and employment verification.

• I analyze the consistency and stability of income to determine creditworthiness.

• I consider sources of income, such as salary, bonuses, commissions, and rental income.

• I calculate debt-to-income ratios to assess the borrower's ability to repay loans.

• I may a...read more
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Q2. How to do income assessment of Vada Pav Vendor ?
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Assessing income of a Vada Pav vendor involves evaluating daily sales, expenses, location, customer base, and competition.
• Calculate average daily sales by observing customer traffic and pricing.

• Consider expenses such as ingredients, rent, utilities, and labor costs.

• Evaluate the location's foot traffic and potential for growth.

• Assess the vendor's customer base and loyalty.

• Analyze competition in the area and pricing stra...read more
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Simple case study of maths apptitude percentage etc

Q1. First HR then department interview. Later salary discussion with HR again
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Q1. Department head called for checking knowledge and experience
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Q1. Sallary negotiation
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Q1. Previous work experience details
Ans. 
I have 5 years of experience as a Credit Manager in a bank, overseeing branch credit operations.
• Managed a team of credit analysts and loan officers to ensure efficient credit evaluation and approval processes.

• Developed and implemented credit policies and procedures to mitigate risk and ensure compliance with regulatory requirements.

• Analyzed financial statements, credit reports, and other relevant information to assess ...read more
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Q1. Work experience details
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Q2. Current CTC how much
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I am currently earning a competitive salary based on my experience and qualifications.
• My current CTC is in line with industry standards.

• I have been receiving regular salary increments based on my performance.

• I am satisfied with my current compensation package.
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Q1. What is the business vintage & stability spoof & whats the reason s to reject files, business profile,banking statement, about technical report how to
Ans. 
Business vintage & stability spoof refers to the falsification of business history and financial stability to deceive lenders. Reasons to reject files include inconsistencies in business profile, banking statements, and technical reports.
• Business vintage refers to the length of time a business has been operating. Lenders look for established businesses with a proven track record.

• Stability spoof involves presenting fals...read more
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Q1. Basic details of personals
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Q2. Details about existing company and product discussion
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Q3. Basic details about products
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Q4. Basic synergy within team
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The company administers an aptitude and psychometric test.

Q1. Salary discussion and again basic details
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