SLK Global Services Banking Officer Interview Questions and Answers

A loan is a sum of money borrowed by an individual or organization that must be repaid with interest.

• There are various types of loans such as personal loans, home loans, car loans, education loans, business loans, etc.

• Loans can be secured or unsecured depending on whether collateral is required or not.

• Interest rates on loans can be fixed or variable.

• The repayment period for loans can range from a few months to several ...read more

Accounts refer to financial records of an individual or organization that show their transactions, assets, liabilities, and equity.

• Accounts are used to keep track of financial transactions.

• They include records of assets, liabilities, and equity.

• Accounts can be used by individuals, businesses, and organizations.

• Examples of accounts include checking accounts, savings accounts, and credit card accounts.

• Accounting principl...read more

To verify a check, check for security features, compare signatures, and verify funds availability.

• Check for security features like watermarks, microprinting, and security threads.

• Compare the signature on the check to the signature on file.

• Verify funds availability by contacting the bank or using online verification tools.

• Be wary of checks from unknown sources or with unusual amounts.

• Report any suspicious activity to th...read more