South Indian Bank HR Trainee Interview Questions and Answers

Q1. What are the sections handled by you?
Ans. 
I handle the sales, customer service, and inventory management sections.
• Sales - responsible for driving revenue and achieving sales targets

• Customer service - ensuring customer satisfaction and resolving any issues

• Inventory management - overseeing stock levels and ordering new products as needed
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Q2. How will you Process the Loan Proposal end to end?
Ans. 
I will process the loan proposal end to end by analyzing the applicant's financial information, verifying documents, assessing risk, and making a decision.
• Analyze the applicant's financial information to determine their creditworthiness

• Verify all necessary documents such as income statements, tax returns, and bank statements

• Assess the risk involved in lending to the applicant based on their financial history and curren...read more
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Q3. Balance sheet analysis?
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Q4. Different types of loan products?
Ans. 
Different types of loan products include personal loans, home loans, auto loans, and student loans.
• Personal loans: Unsecured loans for personal use, typically with fixed interest rates.

• Home loans: Loans used to purchase or refinance a home, with options like fixed-rate and adjustable-rate mortgages.

• Auto loans: Loans specifically for purchasing a vehicle, with terms based on the cost of the vehicle and borrower's credit...read more
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Q5. How will you arrive Dp?
Ans. 
I will arrive at Dp by utilizing my strong leadership skills, experience in team management, and ability to prioritize tasks effectively.
• Utilize strong leadership skills to guide team towards achieving goals

• Leverage experience in team management to delegate tasks efficiently

• Prioritize tasks effectively to ensure smooth operations
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Q6. How to arrive FOIR?
Ans. 
FOIR stands for Financial Obligations to Income Ratio, which is a measure of an individual's ability to manage their debt payments.
• Calculate FOIR by dividing total monthly debt obligations by gross monthly income

• A FOIR of less than 40% is considered healthy

• Lenders use FOIR to assess a borrower's creditworthiness
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Q7. Bank ratios
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Q8. Turn over method,cash budgeting method,Tandon committee method
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Preliminary Examination Multiple choice questions with 100 Ques in 60 minutes

Mains Exam with both objective and subjective part.

Q1. Diff b/w ATM Card amd Debit Card
Ans. 
ATM card is used to withdraw cash from ATM machines while debit card is used for online and offline transactions.
• ATM card is linked to a savings or current account while debit card can be linked to both savings and current accounts.

• ATM card can only be used to withdraw cash from ATM machines while debit card can be used for online and offline transactions.

• ATM card does not have a CVV number while debit card has a CVV n...read more
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Q2. How ur knowledge will help us
Ans. 
My knowledge will help in improving team performance, customer satisfaction and achieving business goals.
• I have experience in managing teams and ensuring their productivity

• I have knowledge of customer service and can ensure customer satisfaction

• I have a good understanding of business operations and can contribute to achieving business goals

• I am familiar with industry trends and can provide insights for improvement

• I hav...read more
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Q3. Ques from previous work experience
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Q4. Why you choose banking
Ans. 
I chose banking because of its stability, growth opportunities, and the chance to work with diverse clients.
• I chose banking because it offers stability and job security.

• I am attracted to the growth opportunities in the banking industry.

• I enjoy working with diverse clients and helping them achieve their financial goals.

• Banking allows me to utilize my analytical and problem-solving skills.

• I find the financial industry fa...read more
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Q1. Share details of your previous job.
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Q2. Work is workship. Work are importance for me. Branch target are completed by me in previous job.
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Very Simple aptitude test, Just basic quants,English and reasoning

Topic was weather technology is increasing job opportunities or decreasing job opportunities

Q1. Basic Banking questions regarding Account opening and PAN related questions
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Q2. How to improve CASA of a bank
Ans. 
To improve CASA of a bank, focus on customer engagement and offer attractive interest rates.
• Offer higher interest rates on savings accounts to attract more customers

• Provide personalized services to customers to increase engagement and loyalty

• Introduce referral programs to encourage existing customers to bring in new customers

• Launch promotional campaigns to create awareness about the benefits of CASA

• Streamline the accou...read more
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Q3. How many years will u be with this bank if selected
Ans. 
I plan to be with this bank for the long term, at least 5-10 years.
• Express commitment to long-term employment

• Mention specific number of years, such as 5-10 years

• Highlight reasons for wanting to stay with the bank, such as career growth opportunities or alignment with company values
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Reasoning, apptitude test only

Q1. Basic details in resume and experience
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Q1. Basic experience details in resume. Customer base how much you worth in your area.
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BANKING IN GENERAL - New trend along with interview

Q1. Diff between cc and od
Ans. 
CC stands for Cash Credit while OD stands for Overdraft.
• CC is a type of loan account where the borrower can withdraw money up to a certain limit and interest is charged on the amount withdrawn.

• OD is a type of loan account where the borrower can withdraw money up to a certain limit and interest is charged only on the amount withdrawn.

• CC is generally used for short-term financing while OD is used for long-term financing.

• ...read more
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Q2. Financial ratios bankingngeneralnawareness
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Q1. Share details of your previous job.
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Q2. What is your family background?
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Q3. What are your salary expectations?
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Q4. Why are you looking for a change?
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Q5. Tell me about yourself.
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Two-hour test covering aptitude, reasoning, general knowledge, general studies, banking, etc.

The topic related to cybersecurity with ten members on the panel.