Shriram Finance Interview Questions, Process, and Tips

Apptitude test (basic calculations)

Q1. Questions based on company origination and some question realted to finance.
Add your answer
Q2. Company CEO name, Company Product , Banking system awareness & knowledge.
Add your answer
Q3. Full form of EMI
Ans. 
EMI stands for Equated Monthly Installment, which is a fixed amount of payment made by a borrower to a lender at a specified date each calendar month.
• EMI is commonly used in the context of loans, where borrowers repay the loan amount in fixed monthly installments.

• It consists of both principal amount and interest component, with the interest decreasing over time as the principal amount is paid off.

• EMI calculation takes ...read more
Answered by AI
Add your answer

Q1. Difference between accounting and finance?
Ans. 
Accounting focuses on recording and reporting financial transactions, while finance deals with managing assets and liabilities.
• Accounting involves recording, classifying, and summarizing financial transactions.

• Finance involves managing assets, liabilities, and investments to achieve financial goals.

• Accounting provides historical financial information, while finance focuses on future financial planning.

• Accounting is mor...read more
Answered by AI
Add your answer
Q2. Waht is Bank reconcilation statement?
Ans. 
Bank reconciliation statement is a document that matches the balance in a company's accounting records to the balance shown on the bank statement.
• Bank reconciliation statement is prepared to ensure the accuracy of the financial records.

• It compares the company's internal records of transactions with the bank's records.

• Discrepancies between the two balances are identified and resolved.

• Common reasons for discrepancies inc...read more
Answered by AI
Add your answer

Regarding Family , previous experience, market knowledge

There was 100 questions regarding aptitude , reasoning , basic math which should be completed in 1 hour