Sundaram Finance Senior Sales Officer Interview Questions and Answers

Working in Manappuram Housing Loan involves providing financial solutions to customers for purchasing or constructing homes.

• Assessing customer's financial eligibility for housing loans

• Explaining loan terms and conditions to customers

• Processing loan applications efficiently

• Ensuring timely disbursement of funds

• Maintaining good relationships with customers for repeat business

Housing loan process involves application, verification, approval, disbursement, and repayment.

• Application: Submitting required documents and details to the lender.

• Verification: Lender assesses the applicant's eligibility and creditworthiness.

• Approval: Loan is approved based on verification results.

• Disbursement: Loan amount is released to the borrower.

• Repayment: Borrower repays the loan amount in installments with inte

There are various types of incentives in housing loans, such as cashback, reduced interest rates, and waived processing fees.

• Cashback incentives where a certain percentage of the loan amount is given back to the borrower.

• Reduced interest rates as an incentive for timely payments or meeting certain criteria.

• Waived processing fees to attract borrowers and make the loan more affordable.

• Discounts on insurance premiums for ...read more

I have 8 years of experience in banking.

• Started my career in banking in 2013

• Worked in various roles such as customer service, loan officer, and branch manager

• Have experience in both retail and corporate banking

• Attended multiple training programs to enhance my banking knowledge

Our product is a cutting-edge customer relationship management software designed to streamline sales processes and increase efficiency.

• CRM software for managing customer interactions and data

• Helps sales teams track leads, manage contacts, and analyze sales performance

• Customizable features to meet specific business needs

• Integrates with other tools like email marketing platforms and analytics software

Sourcing business involves identifying potential customers and building relationships with them.

• Identify target market and create a customer profile

• Use various channels such as social media, referrals, and networking events to reach out to potential customers

• Build relationships with existing customers to generate repeat business and referrals

• Offer promotions or discounts to attract new customers

• Monitor industry trends