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Union Bank of India Interview Questions, Process, and Tips
Top Union Bank of India Interview Questions and Answers
- Q1. How you utilized your accounting expertise to streamline accounts payable procedures in your previous roles ?asked in Senior Bank Manager interview
- Q2. What are different rates in bank like Repo rate, reverse Repo, CRRasked in Assistant Manager interview
- Q3. What do you mean by the nationalization of the Bank?asked in Officer interview
Union Bank of India Interview Experiences
32 interviews found
Yogya Lakshmi Devi Kaza
Selected
I applied via Newspaper Ad and was interviewed in May 2024. There were 4 interview rounds.
(4 Questions)
- Q1. Your experience in financial management and its relation to accounts payable process ?
- Ans.
I have over 10 years of experience in financial management, including overseeing accounts payable processes.
Managed accounts payable department to ensure timely and accurate processing of invoices
Implemented cost-saving measures by negotiating vendor terms and discounts
Utilized financial analysis to identify trends and improve cash flow management
Collaborated with cross-functional teams to streamline accounts payable p...
- Q2. How you utilized your accounting expertise to streamline accounts payable procedures in your previous roles ?
- Ans.
I implemented automated invoice processing systems and negotiated vendor discounts to improve efficiency and reduce costs.
Implemented automated invoice processing systems
Negotiated vendor discounts to reduce costs
Streamlined approval workflows for faster payments
- Q3. How do you updated in industry trends& best practices in accounts payable management?
- Ans.
I stay updated through industry publications, attending conferences, networking with peers, and participating in online forums.
Subscribe to industry publications such as 'Accounts Payable News' and 'The Accounts Payable Network'
Attend conferences and seminars like 'AP & P2P Conference & Expo' to learn about the latest trends
Network with other professionals in the field through LinkedIn groups and industry events
Partici...
- Q4. Can you talk about a challenging situation you faced at work and how you overcame it ?
(4 Questions)
- Q1. What is journal entry. What is its importance.
- Ans.
Journal entry is a record of a financial transaction in a company's accounting system.
Journal entry is used to record the financial effects of business transactions.
It consists of a debit entry and a credit entry, with an explanation of the transaction.
Journal entries are important for maintaining accurate financial records and preparing financial statements.
They help in tracking the flow of money in and out of the bus...
- Q2. If we receive stock from vendors what are the entries to be made ?
- Ans.
Entries for receiving stock from vendors include debit to inventory and credit to accounts payable.
Debit inventory account for the value of stock received
Credit accounts payable for the same value
Record any additional charges or discounts separately
- Q3. How do you organize and manage your time between various tasks and projects ?
- Q4. How do you prioritize payments and manage cash flow effectively in accounts payable operations?
- Ans.
Prioritize payments by due date, importance, and available funds. Manage cash flow by forecasting, monitoring, and adjusting payment schedules.
Prioritize payments based on due dates to avoid late fees and maintain vendor relationships
Consider the importance of each payment to the business operations when deciding the order of payments
Manage cash flow by forecasting upcoming expenses and revenue, adjusting payment sched...
(2 Questions)
- Q1. What motivated you to apply for accounts payable executive ?
- Q2. How do you balance your work life and personal life?
(2 Questions)
- Q1. Job Location you prefer
- Q2. Remuneration you opt for ?
Interview Preparation Tips
- Banking Operations
- Accounts Payable
- Accouns Receivable
- Bank Balances
- Bank Reconciliation
Top Union Bank of India Senior Bank Manager Interview Questions and Answers
Senior Bank Manager Interview Questions asked at other Companies
Selected
I applied via Company Website and was interviewed in Sep 2024. There were 2 interview rounds.
I am want bank tex book.
(3 Questions)
- Q1. I want mobile phon give you is?
- Q2. Is you give me laptop?
- Q3. Is you give now salary?
Interview Preparation Tips
Lakshmi Vyshnavi
I applied via Campus Placement
(2 Questions)
- Q1. Tell me about yourself
- Q2. How do you want to see yourself
Interview Preparation Tips
DPT.Manager Interview Questions asked at other Companies
Sumit Kumar
Reasoning, quantitative skills, and English language proficiency.
(1 Question)
- Q1. How should one prepare for analyzing financial statements, balance sheets, and assessing limits?
Credit Manager Interview Questions asked at other Companies
Union Bank of India interview questions for popular designations
Selected
I applied via Recruitment Consulltant and was interviewed in Jan 2024. There was 1 interview round.
(5 Questions)
- Q1. My details and experience
- Q2. How many experience
- Q3. Salary details adding
- Q4. Salary by hand 23k
- Q5. Prajent work union Bank of India service Ltd
Interview Preparation Tips
Get interview-ready with Top Union Bank of India Interview Questions
Selected
I applied via Referral and was interviewed in Sep 2023. There were 5 interview rounds.
Self intrusion, About study
Credit card features and benefits
(1 Question)
- Q1. What is banking sector
- Ans.
Banking sector refers to the industry that provides financial services such as accepting deposits, lending money, and facilitating transactions.
Banks are financial institutions that offer services such as savings accounts, loans, and credit cards.
The banking sector plays a crucial role in the economy by providing liquidity and financial stability.
Examples of banking institutions include commercial banks, investment ban
(6 Questions)
- Q1. How to convince New customer
- Ans.
Convince new customers by highlighting benefits, offering incentives, providing excellent customer service, and building trust.
Highlight the benefits of the credit card such as rewards, cashback, and travel perks.
Offer incentives like sign-up bonuses, 0% APR introductory rates, and waived annual fees.
Provide excellent customer service by being responsive, helpful, and transparent.
Build trust by showcasing positive cust...
- Q2. What about card features
- Ans.
Card features are essential for attracting customers and providing value.
Card features should align with customer needs and preferences
Competitive rewards programs can attract and retain customers
Security features like fraud protection and alerts are crucial for customer trust
Concierge services and travel benefits can differentiate a card in a crowded market
- Q3. What is card protection plan
- Ans.
A card protection plan is a service offered by credit card companies to protect cardholders from unauthorized transactions, fraud, and theft.
Provides coverage for unauthorized transactions on the card
Offers protection against fraud and theft
May include services such as card replacement and emergency cash advance
Typically involves a monthly or annual fee for enrollment
- Q4. Before experience in credit card job role
- Q5. Are you interested in banking sector
- Q6. Why are you select this job
Selling and calling to talk customer
Interview Preparation Tips
- Current affairs
- Banking
- Computer Operating
Credit Card Executive Interview Questions asked at other Companies
Ariharan Manoharan
I applied via Company Website and was interviewed in May 2024. There was 1 interview round.
(1 Question)
- Q1. Refer MSME book iibf
- Ans.
MSME book by IIBF provides comprehensive information on Micro, Small and Medium Enterprises.
MSME book by IIBF covers various aspects of MSME sector such as financing, credit assessment, risk management, etc.
It also includes case studies and practical examples to help understand the concepts better.
The book is a valuable resource for credit managers looking to enhance their knowledge and skills in managing MSME credit.
I...
Interview Preparation Tips
Credit Manager Interview Questions asked at other Companies
Selected
I applied via Walk-in and was interviewed in Feb 2024. There were 2 interview rounds.
Reasoning coding decoding number series blood relations
(11 Questions)
- Q1. Tell me about your self
- Q2. Why did you choose in this company
- Q3. What are you greatest strength and weaknesses
- Q4. What are you looking for a change
- Q5. Tell me about the gap in your resume
- Q6. How many years of experience you have And Which domain
- Q7. How much package you get in your previous company
- Q8. Now how much package you are expecting
- Q9. In this company not paid that much of packages
- Q10. Do you have previous company experience letters And Payslip and Bank statement
- Q11. You submitted your payslip and Bank statement
Computer work and clerk work
(5 Questions)
- Q1. Should ill get selected
- Q2. When and for what posf Ill be there
- Q3. Whenever for interview
- Q4. Iam getting now 14000salaryin union Bank of india
- Q5. And salary will be there but howmuch
Computer Operator and Clerk Interview Questions asked at other Companies
Selected
I applied via Job Fair and was interviewed in May 2024. There was 1 interview round.
Good communication skill and good knowlege about mu work and company
Relationship Executive Interview Questions asked at other Companies
Top trending discussions
Union Bank of India Interview FAQs
Some of the top questions asked at the Union Bank of India interview -
The duration of Union Bank of India interview process can vary, but typically it takes about less than 2 weeks to complete.
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Union Bank of India Interviews By Designations
- Union Bank of India Credit Manager Interview Questions
- Union Bank of India Relationship Executive Interview Questions
- Union Bank of India Assistant Manager Interview Questions
- Union Bank of India Assistant General Manager Interview Questions
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- Union Bank of India Assistant Manager Forex Interview Questions
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- Show more
Interview Questions for Popular Designations
Union Bank of India Interview Process
based on 43 interviews
Interview experience
Interview Questions from Similar Companies
Union Bank of India Reviews and Ratings
based on 667 reviews
Rating in categories
|
Senior Manager
236
salaries
|  ₹9 L/yr - ₹32 L/yr |
|
Assistant Manager
182
salaries
| ₹5 L/yr - ₹15 L/yr |
|
Manager
180
salaries
| ₹7 L/yr - ₹24 L/yr |
|
Chief Manager
154
salaries
| ₹12 L/yr - ₹42 L/yr |
|
Branch Manager
99
salaries
| ₹6 L/yr - ₹24 L/yr |
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