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State Bank of India Summer Intern Interview Questions and Answers
State Bank of India Summer Intern Interview Experiences
2 interviews found
Anonymous
I was interviewed in May 2017.
Interview Questionnaire
3 Questions
- Q1. What will you do to increase the reach of digital banking products of SBI using different marketing tools.
- Ans.
To increase reach of SBI's digital banking products, I will use various marketing tools such as social media, email marketing, and targeted advertising.
Create engaging social media content to showcase the benefits of digital banking
Send personalized email campaigns to existing customers promoting digital banking products
Utilize targeted advertising on platforms such as Google and Facebook to reach potential customers
Pa...
- Q2. What is the difference between marketing and selling?
- Ans.
Marketing is the process of creating awareness and generating interest in a product or service, while selling is the act of directly exchanging goods or services for money.
Marketing focuses on creating a demand for a product or service through various strategies such as advertising, public relations, and market research.
Selling involves the actual transaction between the seller and the buyer, where the seller persuades...
- Q3. What is the people's perception of SBI?
- Ans.
SBI is perceived as a reliable and trustworthy bank with a wide reach and diverse range of services.
SBI is considered one of the largest and oldest banks in India.
It has a strong presence in both urban and rural areas, making it accessible to a large population.
The bank offers various financial products and services, including savings accounts, loans, and investment options.
SBI has a reputation for stability and securi...
Interview Preparation Tips
Tips: Cover all the basics of marketing and read in detail about SBI.
Skills: Marketing
College Name: University Of Hyderabad (UOH)
Skills evaluated in this interview
Selected
I was interviewed in May 2024.
(2 Questions)
- Q1. Tell me about yourself
- Ans.
I am a motivated and hardworking student with a passion for learning and gaining practical experience in the field of [specific field].
Currently pursuing a degree in [specific field]
Completed relevant coursework in [specific area]
Previous internship experience at [company] where I gained skills in [relevant skills]
- Q2. Cv related projects
Top trending discussions
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Yash
(1 Question)
- Q1. Mostly economic and the Bank related question. some current affairs
.
(1 Question)
- Q1. Formal introduction about education background
Interview Preparation Tips
Selected
I applied via Campus Placement and was interviewed before Mar 2022. There were 2 interview rounds.
(3 Questions)
- Q1. What are types of bank accounts?
- Ans.
Bank accounts can be classified into various types based on their features and usage.
Savings account - for individuals to save money and earn interest
Current account - for businesses to carry out transactions
Fixed deposit account - for long-term savings with higher interest rates
Recurring deposit account - for regular savings with fixed monthly deposits
NRI account - for non-resident Indians to manage their finances in ...
- Q2. Name different types of loans? how has digitalisation helped banks and consumers?
- Ans.
Types of loans include personal, home, auto, student, and business loans. Digitalisation has made banking more convenient and accessible for consumers.
Personal loans are unsecured loans for personal expenses
Home loans are used to purchase or refinance a home
Auto loans are used to purchase a vehicle
Student loans are used to pay for education expenses
Business loans are used to finance business operations
Digitalisation ha...
- Q3. What is the purpose of sensex and nefti? how many blue chip companies are listed with them?
- Ans.
Sensex and Nifty are stock market indices in India that track the performance of top companies listed on the stock exchange.
Sensex and Nifty are used as a benchmark to measure the performance of the Indian stock market.
Sensex is calculated based on the market capitalization of 30 top companies listed on the Bombay Stock Exchange (BSE).
Nifty is calculated based on the market capitalization of 50 top companies listed on ...
Interview Preparation Tips
- types of banks
- Bank Accounting
- type of loans
- Digital Marketing
- different rate of interest
try giving quality answers
do not exaggerate your answers
do not guess, accept it when you don't know the answers
Hirevue on beha questions
(2 Questions)
- Q1. Why bofa and why ibd
- Q2. Previous intern experiences feedback
I applied via Company Website and was interviewed in Feb 2022. There were 2 interview rounds.
(4 Questions)
- Q1. Mostly questions revolve around the details you have provided in the resume.
- Q2. If there is anything recently announced by RBI recently, candidate should be aware of it.
- Q3. RBI Ombudsman and digitally of banking services are also most common topics of discussion during the interview.
- Q4. Discussion about the projects you have done during your course. One should have a thorough understanding about it.
Interview Preparation Tips
- Digitalization of Banking servic
- RBI Ombudsman
- Monetary policy
- Banking terminology
I was interviewed in Mar 2017.
Interview Questionnaire
3 Questions
- Q1. How will you convince your potential customers to open account in this bank?
- Ans.
We will convince potential customers to open an account in this bank by highlighting our competitive interest rates, personalized customer service, and innovative digital banking solutions.
Emphasize competitive interest rates to attract customers looking for better returns on their savings.
Highlight personalized customer service to build trust and establish long-term relationships with customers.
Showcase innovative dig...
- Q2. What are the factors should be set to know customer are satisfied by bank services?
- Ans.
Factors to determine customer satisfaction with bank services
Customer feedback and surveys
Number of complaints and their resolution
Response time to customer queries and issues
Availability of multiple channels for customer support
Ease of use and convenience of banking services
Competitive interest rates and fees
Personalized and tailored banking experience
Transparency in transactions and account information
Security measur...
- Q3. Check the pricing strategy of the bank and tell all the lacks and how can we improve it?
- Ans.
The bank's pricing strategy lacks transparency and flexibility, which can be improved by implementing tiered pricing and offering personalized packages.
Lack of transparency in pricing: The bank should provide clear and easily understandable pricing information to customers.
Lack of flexibility in pricing: The bank should offer different pricing options to cater to the diverse needs of customers.
Implement tiered pricing:...
Interview Preparation Tips
Experience: I applied through a reference from my friend and got an email for an interview. The First round was mainly introduction and about myself and all about the details mentioned in my resume.
Tips: just be confident.
Round: HR Interview
Experience: In this round, all general questions about the bank strategy were asked to add more customers to bank and all about the bank services and interest rates etc.
Tips: Know all about the company, bank before attending the interview.
Round: Case Study Interview
Experience: In this round, I was given the task to check all the charges which bank put on customers for different services like, annual account charge, SMS charge, atm charge, loan interest rate etc and compare it to other banks and suggest some changes which can help to bring more customers to the bank.
Tips: know all about the bank before held it will ease your work in the interview.
College Name: Birla Global University
I applied via Campus Placement and was interviewed before May 2020. There were 3 interview rounds.
Interview Questionnaire
3 Questions
- Q1. Tell Me About Yourself.?
- Q2. Why have you color your hair.?
- Q3. What is Your Biggest Hurdle.?
Interview Preparation Tips
Don't argue and never lie
I was interviewed in Dec 2023.
(1 Question)
- Q1. Tell me about a time you approached confidentiality
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State Bank of India Summer Intern Reviews and Ratings
based on 6 reviews
Rating in categories
|
Deputy Manager
664
salaries
|  ₹7.2 L/yr - ₹28 L/yr |
|
Manager
516
salaries
| ₹10 L/yr - ₹35 L/yr |
|
Assistant Manager
512
salaries
| ₹5.4 L/yr - ₹18 L/yr |
|
Chief Manager
353
salaries
| ₹15 L/yr - ₹50 L/yr |
|
Branch Manager
297
salaries
| ₹7.6 L/yr - ₹30 L/yr |
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