State Bank of India Loan Manager Interview Questions and Answers

Q1. Tell me something about
Ans. 
I have over 10 years of experience in the mortgage industry, specializing in home loans for first-time buyers.
• I have a strong understanding of the current market trends and interest rates.

• I am skilled in guiding clients through the loan application process and helping them choose the best loan option for their needs.

• I have a proven track record of successfully closing loans on time and within budget.

• I prioritize clear ...read more
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Q2. What is the reporet
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The report is a detailed document containing information and analysis on a specific topic or issue.
• A report typically includes an introduction, methodology, findings, conclusions, and recommendations.

• Reports can be written for various purposes such as business, academic, or research.

• Examples of reports include financial reports, market research reports, and project progress reports.
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Q3. How many types of loans are there
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There are several types of loans available, each with its own unique features and requirements.
• Mortgage loans - used to purchase real estate

• Personal loans - used for personal expenses

• Auto loans - used to purchase a vehicle

• Student loans - used for education expenses

• Business loans - used for business purposes
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Q4. Tell me in detail about your family
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I come from a close-knit family of five, including my parents, my older sister, and my younger brother.
• My parents have been married for over 30 years and are both retired now.

• My older sister is a teacher and my younger brother is studying engineering.

• We enjoy spending time together on weekends, whether it's going for hikes or having family game nights.
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Q5. Why do you want to work in a bank
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I am passionate about finance and enjoy helping individuals achieve their financial goals.
• Passion for finance and banking industry

• Enjoy helping individuals with their financial needs

• Opportunity to learn and grow in a dynamic industry
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Q1. How much salary are you expecting
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I am expecting a competitive salary based on my experience, skills, and the current market rate for similar positions.
• Research the average salary range for similar positions in the industry

• Consider your level of experience and skills when determining your salary expectations

• Be prepared to negotiate based on the benefits and perks offered by the company
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Q2. You are comfortable with this job
Ans. 
Yes, I am comfortable with this job as I have extensive experience in the home loan industry.
• I have worked in the home loan industry for over 10 years

• I am familiar with all aspects of the home loan process

• I have a proven track record of success in this field
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I was supposed to narrate a case study based on the leads given to me.

Q1. Do you have driving licence ?
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Q2. Are you ready to relocate?
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Self introduction and family background

Home loan product knowledge

All team membera discuss d home loan product

Q1. Salary discussion
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Q1. Offer letter realise
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Q1. Tell about your experience
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Gold ratr of interest and how any types of gold loan ect...

Aptitude test multiple 10 question completed

Q1. Introduce yourself
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Q2. About previous work experience
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Q1. Are you comfortable to relocate
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Q2. Can you reach the minimum Target
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Yes, I have a proven track record of consistently meeting and exceeding targets in my previous roles.
• I have consistently met or exceeded sales targets in my previous roles

• I am highly motivated and driven to achieve targets

• I have a strategic approach to reaching targets, including effective time management and prioritization

• I am confident in my ability to reach the minimum target set for this role
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Q1. Expected salary
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Q2. Best of luck we will let you know
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Q1. All about cv self introduction
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Q2. All about cv tell me about your self internship
Ans. 
I completed an internship in the mortgage industry, gaining valuable experience in home loans.
• During my internship, I worked closely with loan officers to learn about the home loan process.

• I assisted in reviewing loan applications, conducting credit checks, and preparing loan documents.

• I also gained experience in communicating with clients and providing excellent customer service.

• Overall, my internship provided me with
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