Branch Sales Executive

Branch Sales Executive Interview Questions and Answers

Updated 1 Jul 2023

Q1. What is the full form of neft ,rtgs,imps

Ans.

NEFT stands for National Electronic Funds Transfer, RTGS stands for Real Time Gross Settlement, and IMPS stands for Immediate Payment Service.

  • NEFT is a payment system used for transferring funds from one bank account to another.

  • RTGS is a real-time settlement system used for high-value transactions.

  • IMPS is an instant payment system used for transferring funds instantly 24x7.

  • All three systems are electronic payment systems used in India.

  • NEFT and RTGS are operated by the Reserve...read more

Q2. How to achieve target and convince the customer.

Ans.

To achieve target and convince customers, it is important to understand their needs, build rapport, offer solutions, and follow up.

  • Understand the customer's needs and preferences by asking relevant questions.

  • Build rapport by actively listening, showing empathy, and being genuine.

  • Offer tailored solutions that address the customer's specific needs and concerns.

  • Follow up with the customer to ensure satisfaction and address any additional questions or concerns.

  • Provide excellent c...read more

Q3. How Bank makes profit

Ans.

Banks make profit by charging interest on loans and earning fees for services provided.

  • Banks earn interest on loans given to customers

  • They charge higher interest rates on loans than they pay on deposits

  • Banks also earn fees for services like ATM usage, overdraft protection, and wire transfers

  • Investment banking and trading activities also contribute to profits

Q4. What is casa Account

Ans.

CASA account is a type of bank account where the customer's money is kept in current and savings accounts.

  • CASA stands for Current Account and Savings Account

  • It is a type of bank account where the customer's money is kept in current and savings accounts

  • CASA accounts offer lower interest rates on loans and higher interest rates on deposits

  • It is a low-cost source of funds for banks as the interest paid on savings accounts is lower than fixed deposits

  • Example: HDFC Bank's SavingsM...read more

Branch Sales Executive Jobs

Branch Sales Executive - Bank (0-4 yrs) 0-4 years
TekPillar
4.4
₹ 0 L/yr - ₹ 0 L/yr
Branch Sales Executive - BFSI (1-2 yrs) 1-2 years
TekPillar
4.4
₹ 0 L/yr - ₹ 0 L/yr
Branch Sales Executive - Bank (1-3 yrs) 1-3 years
TekPillar
4.4
₹ 0 L/yr - ₹ 0 L/yr
Are these interview questions helpful?
Interview Tips & Stories
Ace your next interview with expert advice and inspiring stories

Interview experiences of popular companies

3.7
 • 538 Interviews
3.8
 • 260 Interviews
3.2
 • 75 Interviews
4.0
 • 71 Interviews
View all

Calculate your in-hand salary

Confused about how your in-hand salary is calculated? Enter your annual salary (CTC) and get your in-hand salary

Branch Sales Executive Interview Questions
Share an Interview
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter