Branch Operations Associate

Branch Operations Associate Interview Questions and Answers

Updated 8 May 2023

Q1. What are the check points have to be observed in both legal and technical report?

Ans.

Legal and technical reports require adherence to specific checkpoints.

  • Legal reports must comply with relevant laws and regulations.

  • Technical reports must be accurate and based on reliable data.

  • Both reports should be well-organized and easy to understand.

  • Legal reports should include citations and references to relevant laws and cases.

  • Technical reports should include a clear methodology and analysis of data.

  • Both reports should be reviewed and edited for errors and inconsistenci...read more

Q2. What are pre approval and post approval documents?

Ans.

Pre-approval and post-approval documents are required for loan applications and include financial statements, credit reports, and loan agreements.

  • Pre-approval documents are submitted before a loan is granted and include financial statements, credit reports, and employment verification.

  • Post-approval documents are submitted after a loan is granted and include loan agreements, insurance policies, and property appraisals.

  • These documents help lenders assess the borrower's creditwo...read more

Q3. What is ovd and deemed ovd documents?

Ans.

OVD stands for Officially Valid Document. Deemed OVD documents are those which are not originally OVDs but are accepted as such.

  • OVDs are documents that are issued by government agencies and are considered valid for identification purposes.

  • Examples of OVDs include passport, driving license, voter ID card, etc.

  • Deemed OVD documents are those which are not originally OVDs but are accepted as such based on certain criteria.

  • Examples of deemed OVD documents include PAN card, Aadhaar...read more

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