Vastu Housing Finance Interview Questions, Process, and Tips

NPA (Non-Performing Assets) is more difficult than bucket DPD (Days Past Due).

• NPA refers to loans or advances that are in default or are in arrears for a certain period of time.

• Bucket DPD refers to the number of days a payment is overdue and is used to categorize delinquent accounts.

• NPA is more difficult as it involves legal proceedings and recovery efforts.

• Bucket DPD can be managed through timely follow-up and communi...read more

I will explore alternative sources of income verification and assess the customer's creditworthiness based on other factors.

• Ask the customer if they have any other documents that can prove their income, such as bank statements or tax returns

• Consider alternative methods of income verification, such as verifying employment directly with the customer's employer

• Assess the customer's creditworthiness based on other factors,...read more