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Union Bank of India Senior Bank Manager Interview Questions, Process, and Tips

Updated 28 Jun 2024

Union Bank of India Senior Bank Manager Interview Experiences

1 interview found

Senior Bank Manager Interview Questions & Answers

user image Yogya Lakshmi Devi Kaza

posted on 28 Jun 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Newspaper Ad and was interviewed in May 2024. There were 4 interview rounds.

Round 1 - One-on-one 

(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...

  • Answered by AI
  • 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

  • Answered by AI
  • 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...

  • Answered by AI
  • Q4. Can you talk about a challenging situation you faced at work and how you overcame it ?
Round 2 - Interview 

(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...

  • Answered by AI
  • 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

  • Answered by AI
  • 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...

  • Answered by AI
Round 3 - Personality Assessment 

(2 Questions)

  • Q1. What motivated you to apply for accounts payable executive ?
  • Q2. How do you balance your work life and personal life?
Round 4 - HR 

(2 Questions)

  • Q1. Job Location you prefer
  • Q2. Remuneration you opt for ?

Interview Preparation Tips

Topics to prepare for Union Bank of India Senior Bank Manager interview:
  • Banking Operations
  • Accounts Payable
  • Accouns Receivable
  • Bank Balances
  • Bank Reconciliation
Interview preparation tips for other job seekers - Update your resume and covering letter .send follow up emails. Answer confidently with dignified body language. Accept your failures. Be sincere and honest. Learn the unknown things at any point of time from any one irrespective of their Cadre.

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Related bank of Baroda working
  • Q2. Related Cts and operational work And advances

Interview Preparation Tips

Interview preparation tips for other job seekers - Good output. Work honesty
Best customer service
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Newspaper Ad and was interviewed in Dec 2024. There were 5 interview rounds.

Round 1 - HR 

(2 Questions)

  • Q1. Do you have experience with bank support?
  • Q2. What can you share about your experience?
Round 2 - HR 

(2 Questions)

  • Q1. What are your current responsibilities at work?
  • Q2. What is your experience regarding this topic?
Round 3 - HR 

(2 Questions)

  • Q1. Are you providing support for banking services?
  • Q2. Are you experienced doing this work?
Round 4 - HR 

(2 Questions)

  • Q1. Do you understand my language?
  • Q2. Have you completed this job?
Round 5 - HR 

(2 Questions)

  • Q1. Do you have any knowledge about the work?
  • Q2. What are your thoughts at the moment?

Interview Preparation Tips

Interview preparation tips for other job seekers - No, I have no idea. Please assist me with bank support.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. Give me a brief introduction about yourself ?
  • Ans. 

    I am a dedicated and customer-focused Personal Banker with a strong background in financial services.

    • I have X years of experience in the banking industry

    • I excel in building relationships with clients and providing personalized financial solutions

    • I am skilled in conducting financial assessments and recommending appropriate products and services

    • I have a proven track record of meeting and exceeding sales targets

    • I am profi...

  • Answered by AI
  • Q2. What was your last CTC ?
  • Ans. 

    My last CTC was $50,000 per year.

    • My last CTC was $50,000 per year

    • I received an annual salary of $50,000 in my previous position

    • My last compensation package was $50,000 per annum

  • Answered by AI
  • Q3. Tell me about your family background ?
  • Ans. 

    I come from a close-knit family with a diverse background and strong values.

    • My parents are both professionals - my mother is a teacher and my father is an engineer.

    • I have two siblings, an older brother who works in finance and a younger sister who is studying to become a doctor.

    • We often gather for family dinners and celebrate holidays together.

    • Family is very important to me and has shaped my values and work ethic.

  • Answered by AI
  • Q4. Do you have any location preference?
  • Ans. 

    I am open to working at any location based on the job requirements and opportunities available.

    • I am flexible with location and willing to relocate if necessary

    • I prioritize job fit and growth opportunities over location preference

    • I am excited about the possibility of working in different environments and meeting new people

  • Answered by AI
  • Q5. Do you have any questions for me ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Practise, practise and practise your interview questions.
Proofread your resume once again.
Be confident
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jun 2024. There was 1 interview round.

Round 1 - One-on-one 

(4 Questions)

  • Q1. What are your strength
  • Q2. What's your biggest weekends
  • Q3. Walk me through your resume
  • Q4. What are your salary expectations?

Interview Preparation Tips

Topics to prepare for Axis Bank Banking Officer interview:
  • have some strong work experience
Interview preparation tips for other job seekers - Identify your passions and strengths - Knowing what you're passionate about and what you excel in will help you narrow down your job search and find a role that aligns with your interests and skills. Network, network, network - Don't underestimate the power of networking.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - HR 

(4 Questions)

  • Q1. Introduce yourself
  • Q2. Why did you leave your previos job
  • Q3. Tell me about your strength and weakness
  • Q4. Tell me banking product
  • Ans. 

    Banking products are financial instruments offered by banks to customers, such as savings accounts, credit cards, loans, and investment products.

    • Savings accounts: A type of account where customers can deposit and withdraw money while earning interest.

    • Credit cards: A payment card issued by a bank that allows the cardholder to borrow funds for purchases.

    • Loans: Financial products where a bank lends money to a customer wit...

  • Answered by AI
Round 2 - Technical 

(4 Questions)

  • Q1. Tell me something about yourself
  • Q2. What is demonitization
  • Ans. 

    Demonetization is the act of stripping a currency unit of its status as legal tender.

    • Demonetization is usually done to curb corruption, black money, and counterfeit currency.

    • It can lead to temporary economic disruption and inconvenience to the public.

    • India implemented demonetization in 2016 by invalidating high-denomination currency notes.

    • The goal was to move towards a cashless economy and reduce the circulation of bla

  • Answered by AI
  • Q3. Tell me banking product
  • Ans. 

    Banking products are financial instruments offered by banks to customers, such as savings accounts, loans, credit cards, and investment products.

    • Savings accounts: allow customers to deposit money and earn interest

    • Loans: provide customers with funds that must be repaid with interest

    • Credit cards: allow customers to make purchases on credit and pay back later

    • Investment products: such as mutual funds, stocks, and bonds, he

  • Answered by AI
  • Q4. Difference between asset and liablity
  • Ans. 

    Assets are resources owned by a company, while liabilities are obligations or debts owed by a company.

    • Assets are things of value that a company owns, such as cash, inventory, equipment, and property.

    • Liabilities are obligations that a company owes to others, such as loans, accounts payable, and accrued expenses.

    • Assets are listed on the left side of the balance sheet, while liabilities are listed on the right side.

    • The di...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - be confident
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Feb 2024. There were 3 interview rounds.

Round 1 - Group Discussion 

Group discussion with 18 to 15 folks.. With two moderators

Round 2 - Language assessment 

(1 Question)

  • Q1. Multiple questions were asked one on one. Generic questions about your best holiday... Fondest memory.
Round 3 - One-on-one 

(4 Questions)

  • Q1. Questions about your previous work experience
  • Q2. Reason for leaving the previous job
  • Q3. Reasons for joining barclays
  • Ans. 

    I am drawn to Barclays for its strong reputation, commitment to innovation, and opportunities for career growth.

    • Strong reputation in the banking industry

    • Commitment to innovation in financial services

    • Opportunities for career growth and development

  • Answered by AI
  • Q4. Mock calls with the interviewers

Interview Preparation Tips

Interview preparation tips for other job seekers - The process is time consuming as it is a walk in hiring process. Be patient and carry refreshments. Be well prepared with the background of the company and their mindset. Relate your work experience and your professional goals with their mindset.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via LinkedIn and was interviewed in May 2024. There was 1 interview round.

Round 1 - Video Call 

(2 Questions)

  • Q1. Describe a recent business news and how it would affect your role
  • Q2. Tell me about yourself
  • Ans. 

    I am a recent graduate with a strong background in finance and a passion for investment banking.

    • Recent graduate with a degree in finance

    • Internship experience in investment banking

    • Strong analytical and financial modeling skills

    • Passionate about the investment banking industry

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Make sure to be up-to-date with news etc and to read about the company. There are a lot of questions that have been published online that they brought up in the interview.
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Mar 2024.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Lone, card, writing, fixed
  • Q2. Lone, card, writing, diposit
  • Q3. Investment,APR, Business, savings

Interview Preparation Tips

Interview preparation tips for other job seekers - Good job
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Sep 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Case Study 

Output and input details

Round 3 - Technical 

(5 Questions)

  • Q1. Jo aapko puchna poochh lijiye
  • Q2. Jo aapko theek Lage puchna chahie
  • Q3. Jo aapko theek Lage poochh lijiye
  • Q4. Jab ko puchna poochh lijiye
  • Q5. To puchna Ho poochh lijiyega

Interview Preparation Tips

Interview preparation tips for other job seekers - Lchlxifxohckgz cmhxyox hkcoyxhkcyf

Union Bank of India Interview FAQs

How many rounds are there in Union Bank of India Senior Bank Manager interview?
Union Bank of India interview process usually has 4 rounds. The most common rounds in the Union Bank of India interview process are One-on-one Round, Personality Assessment and HR.
What are the top questions asked in Union Bank of India Senior Bank Manager interview?

Some of the top questions asked at the Union Bank of India Senior Bank Manager interview -

  1. How you utilized your accounting expertise to streamline accounts payable proce...read more
  2. If we receive stock from vendors what are the entries to be mad...read more
  3. How do you prioritize payments and manage cash flow effectively in accounts pay...read more

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Union Bank of India Senior Bank Manager Reviews and Ratings

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4.0/5

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4.0

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4.0

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5.0

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4.0

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5.0

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