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SK Finance Limited Branch Development Manager Interview Questions and Answers

Updated 18 Sep 2024

SK Finance Limited Branch Development Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Aug 2024. There were 2 interview rounds.

Round 1 - HR 

(2 Questions)

  • Q1. How increase sales
  • Ans. 

    Increasing sales can be achieved through various strategies such as improving customer service, implementing targeted marketing campaigns, and offering promotions.

    • Improve customer service to enhance customer satisfaction and loyalty

    • Implement targeted marketing campaigns to reach specific customer segments

    • Offer promotions and discounts to attract new customers and encourage repeat purchases

  • Answered by AI
  • Q2. How handling team
  • Ans. 

    I handle teams by setting clear goals, providing support and resources, fostering open communication, and recognizing achievements.

    • Set clear goals and expectations for the team

    • Provide necessary support and resources for team members to succeed

    • Foster open communication and encourage feedback

    • Recognize and reward team achievements

    • Lead by example and demonstrate strong work ethic

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. How increase business
  • Ans. 

    Increasing business can be achieved through strategic planning, market research, customer engagement, and effective marketing.

    • Conduct market research to identify potential growth opportunities

    • Develop a strategic plan to target new markets or expand existing ones

    • Engage with customers to understand their needs and preferences

    • Implement effective marketing strategies to reach a wider audience

    • Offer promotions or discounts t...

  • Answered by AI
  • Q2. Team leader strategy

Interview Preparation Tips

Interview preparation tips for other job seekers - Good environment I suggest trying to come in

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed in Aug 2017. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Basic background questions and candidate suitability
  • Q2. To check your business acumen in retail loan segment and your plan of action to achieve the desired results

Interview Preparation Tips

General Tips: Put as much stress as possible on your experience in retail loans and small ticket size secured loans.
Skills: Problem Solving, Leadership, Decision Making Skills
Duration: 1-4 weeks

I applied via Naukri.com and was interviewed before Oct 2019. There were 6 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Can you do gold valuation?
  • Ans. 

    Yes, I have experience in gold valuation.

    • I have completed a course in gold valuation and have experience in assessing the purity and value of gold.

    • I am familiar with the different methods of gold valuation such as acid test, XRF analysis, and fire assay.

    • In my previous role, I have conducted gold valuation for customers and provided them with accurate assessments.

    • I keep myself updated with the current market trends and ...

  • Answered by AI
  • Q2. Which carat can we accept for gold loan?
  • Ans. 

    We can accept gold loans of any carat.

    • We accept gold loans of all carats, including 24 carat, 22 carat, 18 carat, etc.

    • The carat of gold determines its purity, with 24 carat being the purest form.

    • Different carats of gold have different levels of purity and value.

    • We assess the value of the gold based on its carat and weight.

    • Customers can avail gold loans regardless of the carat of their gold.

  • Answered by AI
  • Q3. Do you know hallmarks?
  • Ans. 

    Yes, hallmarks are distinctive characteristics or features that are used to identify or recognize something.

    • Hallmarks are often used in the context of identifying or recognizing the quality, authenticity, or origin of a product or item.

    • In the jewelry industry, hallmarks are small marks or stamps on precious metal items that indicate the metal's purity or quality.

    • In the legal field, hallmarks can refer to significant or...

  • Answered by AI
  • Q4. How will you do team management for gold loan marketing?
  • Ans. 

    I will ensure effective communication, set clear goals, provide training and support, and recognize and reward achievements.

    • Regular team meetings to discuss progress and challenges

    • Setting individual and team targets and monitoring progress

    • Providing training and support to team members to improve their skills

    • Recognizing and rewarding achievements to motivate the team

    • Encouraging teamwork and collaboration among team memb...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Knowledge needed about gold loan and process

I applied via Referral and was interviewed before Dec 2019. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. How to canvas gold loans and other products
  • Ans. 

    To canvas gold loans and other products, we need to identify potential customers and offer them personalized solutions.

    • Identify potential customers through market research and customer profiling

    • Offer personalized solutions based on their needs and preferences

    • Leverage existing customer base for referrals and word-of-mouth marketing

    • Use digital marketing channels to reach a wider audience

    • Train and motivate sales team to e...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

I applied via Referral and was interviewed before Apr 2020. There was 1 interview round.

Interview Questionnaire 

4 Questions

  • Q1. How are your work nature?
  • Ans. 

    My work nature is highly organized, detail-oriented, and focused on achieving goals.

    • I am highly organized and prioritize tasks effectively to ensure smooth operations.

    • I pay attention to detail and ensure accuracy in all aspects of my work.

    • I am goal-oriented and strive to achieve targets and exceed expectations.

    • I am proactive and take initiative to identify and resolve issues before they escalate.

    • I am adaptable and able...

  • Answered by AI
  • Q2. What's is work experience?
  • Ans. 

    Work experience refers to the practical knowledge and skills gained through employment or professional activities.

    • Work experience is the accumulation of skills, knowledge, and expertise acquired through employment or professional engagements.

    • It includes both paid and unpaid work, internships, volunteer work, and any other relevant activities.

    • Work experience helps individuals develop industry-specific skills, adaptabili...

  • Answered by AI
  • Q3. How is target?
  • Ans. 

    The target is achievable with proper planning and execution.

    • The target is challenging but realistic.

    • We have a clear plan in place to achieve the target.

    • Regular monitoring and course correction will ensure we stay on track.

    • We have a motivated team that is committed to achieving the target.

    • Examples: Last quarter, we exceeded our target by 10%. This quarter, we are on track to meet our target by the end of the month.

  • Answered by AI
  • Q4. What's awards and rewarding?
  • Ans. 

    Awards and rewarding are forms of recognition and incentives given to individuals or organizations for their achievements or contributions.

    • Awards can be in the form of trophies, certificates, or monetary prizes.

    • Rewarding can include bonuses, promotions, or other perks.

    • They motivate and encourage individuals to perform better and achieve goals.

    • Awards and rewarding can be given in various fields such as sports, academics...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was a technical one but was majorly a stress test. It lasted for about 1 hour 10 minutes. The interviewer wanted to test both my knowledge and communication skills. Most of the questions asked to me were related to my B.Tech curriculum i.e. computer science related topics. He stressed a lot on the basics related to my project topic. Luckily I was able to answer most of the questions correctly. I tried to answer each question with examples and also used props on the table (like pens, paperweights, pen stands etc.) to explain my theories. It was my first offcampus interview, and I think I did pretty well for a fresher. You need to stay calm and should apply presence of mind. Please go through the job description thoroughly word-by-word and recheck your resume to ensure that you are a best-fit for the position.

I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. About My Self , My Last Company Job profile , About Team Management And Working Style etc.

Interview Preparation Tips

Interview preparation tips for other job seekers - I wanna say that if are confident about yourself and about your job role then you can crack any type of interview without any reference or jack.

I applied via Referral and was interviewed before Feb 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Knowledge about team management
  • Q2. About gold loan

Interview Preparation Tips

Interview preparation tips for other job seekers - take some information about company product and specially gold loan

I applied via Company Website and was interviewed in Jun 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. About account

Interview Preparation Tips

Interview preparation tips for other job seekers - On account

I applied via Company Website and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. About my portfolio and communication skill in pitching products

Interview Preparation Tips

Interview preparation tips for other job seekers - Speak bold motivated and practical

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

Interview Questionnaire 

1 Question

  • Q1. Where we are found my CV .
  • Ans. Yes I am trakle allready 24 employees so no problem I trakle the branch.
  • Answered by RATHIN PAUL

Interview Preparation Tips

Interview preparation tips for other job seekers - Very nice Company Very short process and nice cooperation of HR.

SK Finance Limited Interview FAQs

How many rounds are there in SK Finance Limited Branch Development Manager interview?
SK Finance Limited interview process usually has 2 rounds. The most common rounds in the SK Finance Limited interview process are HR and One-on-one Round.
What are the top questions asked in SK Finance Limited Branch Development Manager interview?

Some of the top questions asked at the SK Finance Limited Branch Development Manager interview -

  1. How increase busin...read more
  2. How increase sa...read more

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SK Finance Limited Branch Development Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
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SK Finance Limited Branch Development Manager Salary
based on 8 salaries
₹3.8 L/yr - ₹4.1 L/yr
29% less than the average Branch Development Manager Salary in India
View more details

SK Finance Limited Branch Development Manager Reviews and Ratings

based on 2 reviews

5.0/5

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5.0

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5.0

Work-life balance

5.0

Salary

5.0

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5.0

Company culture

5.0

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5.0

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