Suryoday Small Finance Bank Credit Manager Interview Questions and Answers

Q1. Not wants to disclose.
Add your answer
Q2. Dont want to disclose
Add your answer
Q3. Do not want to disclose
Add your answer

Q1. Do not want to disclose
Add your answer

Q1. What is the concept of LTV?
Ans. 
LTV stands for Lifetime Value, which is the predicted net profit attributed to the entire future relationship with a customer.
• LTV helps businesses understand the long-term value of a customer and make decisions on customer acquisition and retention strategies.

• It takes into account factors such as customer acquisition cost, average purchase value, and customer lifespan.

• For example, if a customer typically makes a $100 p...read more
Answered by AI
Add your answer
Q2. What is DSCR and how do you check loan eligibility for a self employed non professional?
Ans. 
DSCR stands for Debt Service Coverage Ratio. To check loan eligibility for a self employed non professional, you would typically calculate their DSCR.
• DSCR is a financial ratio that measures a company's ability to cover its debt obligations with its operating income.

• To calculate DSCR, you divide the company's net operating income by its total debt service.

• A DSCR of 1 or higher indicates that the company generates enough...read more
Answered by AI
Add your answer
Q3. What is CIBIL and what do you check in detail?
Ans. 
CIBIL is a credit information company that provides credit scores based on an individual's credit history.
• CIBIL stands for Credit Information Bureau (India) Limited.

• It is one of the four credit information companies in India.

• CIBIL collects credit information from banks and financial institutions to generate credit reports and scores.

• Factors checked include payment history, credit utilization, length of credit history, ...read more
Answered by AI
Add your answer
Q4. How do you check eligibility for a salaried employee?
Ans. 
Eligibility for a salaried employee is checked by verifying their employment status, income level, and credit history.
• Verify employment status through pay stubs or employment verification letter

• Check income level through recent pay stubs or tax returns

• Review credit history through credit reports from bureaus like Equifax or TransUnion
Answered by AI
View 2 more answers
Q5. What is Repo Rate and Reverse Repo Rate
Ans. 
Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which the central bank borrows money from commercial banks.
• Repo rate is used by the central bank to control inflation and liquidity in the economy.

• Reverse repo rate is used to absorb excess liquidity in the market.

• Repo rate is higher than the reverse repo rate.

• Example: If the repo rate is 5% and the r...read more
Answered by AI
Add your answer
Q6. What are KYC documents? Is PAN card a KYC document ?
Ans. 
KYC documents are documents required for verifying the identity of customers. PAN card is a KYC document.
• KYC documents are Know Your Customer documents used for verifying the identity of customers.

• Examples of KYC documents include Aadhaar card, passport, driver's license, and voter ID card.

• PAN card is also considered a KYC document as it contains details such as name, date of birth, and photograph of the individual.
Answered by AI
View 2 more answers
Q7. What will you discuss during Personal Discussion (PD) with potential customer and what will you observe during the PD?
Ans. 
During a Personal Discussion with a potential customer, a Credit Manager will discuss the customer's financial situation, credit history, repayment capabilities, and any potential risks. They will observe the customer's communication skills, honesty, and willingness to provide necessary information.
• Discuss the customer's financial situation and income sources.

• Review the customer's credit history and repayment track rec...read more
Answered by AI
Add your answer

Previous company related

Q1. Experience related
Add your answer
Q2. How many years
Add your answer

English writing - formal and informal

Q1. Technical round - was okay - role play
Add your answer
Q2. Detailed question on ur exp
Add your answer
Q3. Was the role in previous co - team lead
Ans. 
Yes
• Yes, I have previous experience as a team lead in my previous role.

• As a team lead, I was responsible for managing a team of credit analysts and overseeing their work.

• I provided guidance and support to team members, ensuring that they met their targets and maintained high-quality standards.

• I also collaborated with other departments to streamline processes and improve efficiency.

• For example, I implemented a new credit...read more
Answered by AI
Add your answer

Q1. How would you analyse a company if tou want to give term loan? What if cashflow is negative, will yo lend? Dscr How would you analyse a company
Ans. 
To analyze a company for a term loan, consider factors like cash flow, debt service coverage ratio (DSCR), financial statements, industry trends, and management quality.
• Examine the company's financial statements to assess its profitability, liquidity, and leverage.

• Calculate the debt service coverage ratio (DSCR) to determine if the company generates enough cash flow to cover its debt obligations.

• Evaluate the company's ...read more
Answered by AI
Add your answer

Q1. Tell me about your family?
Add your answer
Q2. What do you know about mortgage loan?
Ans. 
Mortgage loan is a type of loan used to purchase a property, where the property itself serves as collateral.
• Mortgage loans are long-term loans with repayment periods ranging from 15 to 30 years.

• The interest rates on mortgage loans can be fixed or adjustable.

• The amount of the loan is determined by the value of the property being purchased.

• If the borrower fails to make payments, the lender can foreclose on the property.

• M...read more
Answered by AI
View 3 more answers
Q3. How will you appraise a loan of a flour mill?
Ans. 
To appraise a loan of a flour mill, I will consider factors such as market demand, competition, financial statements, and collateral.
• Assess the market demand for flour and the competition in the area

• Review the financial statements of the flour mill to evaluate its profitability and cash flow

• Evaluate the collateral being offered for the loan, such as the flour mill property and equipment

• Consider the management team's ex...read more
Answered by AI
View 3 more answers
Q4. What will you check in PD of a flour mill owner?
Ans. 
I will check the financial stability, credit history, and payment behavior of the flour mill owner.
• Check the credit score and credit history of the owner

• Analyze the financial statements of the flour mill

• Check the payment behavior of the owner with their suppliers and creditors

• Assess the market reputation of the flour mill and its owner

• Evaluate the industry trends and competition in the market
Answered by AI
View 2 more answers

Q1. What salary are you expecting?
View 2 more answers
Q2. Where are you currently working?
Add your answer
Q3. What is the notice period?
Add your answer

Q1. Tell me about your self
Ans. 
I am an experienced Credit Manager with a strong background in financial analysis and risk assessment.
• I have successfully managed credit portfolios for multiple clients, ensuring timely payments and minimizing bad debts.

• I have a deep understanding of credit risk management techniques and use data analysis to make informed decisions.

• I have implemented effective credit control procedures, reducing overdue accounts by 20%...read more
Answered by AI
Add your answer
Q2. All Resume related things do well.
Add your answer