Poonawalla Fincorp Interview Questions, Process, and Tips

Q1. Question about Previous company experience
Add your answer
Q2. Salary expectation
Add your answer

Q1. Introduction previous job experiences
Ans. 
I have experience working in various roles in the financial industry, including as a credit analyst and loan processor.
• Worked as a credit analyst at XYZ Bank, analyzing credit reports and financial statements

• Processed loan applications and conducted risk assessments at ABC Credit Union

• Collaborated with underwriters and loan officers to ensure timely and accurate processing of loan applications
Answered by AI
Add your answer
Q2. Question about banking sector and finance
Add your answer

Regarding check financial knowledge and will be selected

Q1. Like what is DSCR and financial ratiio
Add your answer

Q1. Why you want to join PFL
Add your answer
Q2. Will you manage under the table transactions?
Ans. 
No, I will not engage in any under the table transactions as it goes against ethical business practices.
• Under the table transactions are unethical and illegal

• Engaging in such activities can lead to severe consequences including legal action and damage to reputation

• It is important to always conduct business in a transparent and ethical manner
Answered by AI
Add your answer

Q1. Your current job profile
Ans. 
I am currently working as a Relationship Manager at a financial institution.
• Building and maintaining relationships with clients

• Providing financial advice and solutions

• Meeting sales targets and KPIs

• Handling client inquiries and concerns

• Collaborating with other departments for client needs
Answered by AI
Add your answer
Q2. Check product knowledge
Add your answer

Q1. Tell me about your self?
Ans. 
I am a highly motivated and enthusiastic individual with a passion for customer service and communication.
• Customer service experience in retail industry

• Strong communication skills

• Ability to work well under pressure

• Goal-oriented and results-driven

• Bachelor's degree in Communication Studies
Answered by AI
Add your answer
Q2. What do you about loan?
Ans. 
Loans are financial agreements where a lender gives money to a borrower, who agrees to repay the loan with interest over a set period of time.
• Loans involve borrowing money from a lender

• Borrowers agree to repay the loan amount with interest

• Loans can be used for various purposes such as buying a house, car, or funding education

• There are different types of loans like personal loans, home loans, and car loans
Answered by AI
Add your answer

Q1. Ratio analysis asked
Add your answer
Q2. What is the definition of FOIR?
Ans. 
FOIR stands for Fixed Obligation to Income Ratio, a measure used by lenders to assess an individual's ability to repay a loan.
• FOIR is calculated by dividing the total fixed obligations of an individual by their gross monthly income.

• Lenders use FOIR to determine the maximum amount of loan that can be sanctioned to an individual based on their income and existing obligations.

• For example, if an individual has a monthly in...read more
Answered by AI
Add your answer