Suryoday Small Finance Bank Credit Manager Interview Questions and Answers

Q1. Introduction and knowledge
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Q2. Credit Underwriting
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Q1. What about credit process.
Ans. 
The credit process involves assessing the creditworthiness of individuals or businesses to determine their eligibility for credit.
• The credit process begins with the collection of relevant financial information from the applicant.

• This information is then analyzed to evaluate the applicant's ability to repay the credit.

• Credit managers may use various tools and techniques such as credit scoring models, financial statement...read more
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Q1. How to identify the property
Ans. 
Identifying property involves verifying ownership and physical characteristics.
• Check property records at the county clerk's office

• Inspect the property for physical features and condition

• Verify ownership through title search or deed

• Check for liens or encumbrances on the property

• Compare property details with public records and tax assessments
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Q2. How to workout cash flow
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Cash flow can be worked out by analyzing the inflow and outflow of cash in a business.
• Determine the starting cash balance

• Add up all cash inflows (sales, loans, investments)

• Subtract all cash outflows (expenses, loan payments, dividends)

• Calculate the ending cash balance

• Use cash flow statement to track changes in cash balance over time
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Q1. Using computer update
Ans. Yes I am using computer Excel tally
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Q2. Which product selling banking sector,?
Ans. 
The banking sector sells a variety of products, including loans, credit cards, savings accounts, and investment products.
• Loans: personal loans, home loans, car loans, business loans

• Credit cards: rewards cards, cashback cards, travel cards

• Savings accounts: high-interest savings accounts, term deposits

• Investment products: mutual funds, stocks, bonds
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Q3. Who's processing credit card
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Credit card processing is done by various companies such as Visa, Mastercard, American Express, and Discover.
• Credit card processing is handled by payment processors such as Stripe, PayPal, and Square.

• Merchants can also use their own payment gateway to process credit card transactions.

• Credit card processing involves authorization, settlement, and funding.

• Security measures such as encryption and tokenization are used to
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Q4. Walking customer in bank
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How to do assessment cases

Q1. What will you check in property
Ans. 
I will check the property's location, condition, value, title, and any liens or encumbrances.
• Location of the property (neighborhood, proximity to amenities)

• Condition of the property (structural integrity, maintenance)

• Value of the property (appraisal, market trends)

• Title search (ownership history, any legal issues)

• Liens or encumbrances (mortgages, taxes owed)
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Q1. Salary discussion
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Q1. Policy related like FOIR,LTV & legal
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Q2. Communication skills
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