Executive Relationship Manager

Executive Relationship Manager Interview Questions and Answers

Updated 8 Sep 2024

Popular Companies

Q1. How do you convince the customer if we are offering the higher Roi as compare to another Institutions?

Ans.

By highlighting the unique value proposition and benefits of our offering, showcasing success stories, and providing data-driven evidence of higher ROI.

Highlight the unique value proposition and benefits of our offering compared to competitors
Showcase success stories or case studies of previous clients who have achieved higher ROI with our services
Provide data-driven evidence or statistics to support the claim of higher ROI
Offer a personalized demonstration or trial period to...read more

Q2. Documents required in business loan in Proprietor, Partnership and Pvt ltd company?

Ans.

Documents required for business loan vary based on the type of company - Proprietorship, Partnership, or Pvt Ltd.

Proprietorship: PAN card, Aadhar card, business registration certificate, bank statements, income tax returns
Partnership: Partnership deed, PAN card of partners, Aadhar card of partners, business registration certificate, bank statements, income tax returns
Private Limited Company: Certificate of Incorporation, Memorandum of Association, Articles of Association, PAN...read more

Q3. What is cibil Score and its Scoring range ? What is the word meaning New to credit.?

Ans.

CIBIL score is a credit score used in India to evaluate an individual's creditworthiness. It ranges from 300 to 900. 'New to credit' means having no credit history.

CIBIL score is a 3-digit numerical summary of an individual's credit history.
The scoring range for CIBIL score is from 300 to 900, with higher scores indicating better creditworthiness.
'New to credit' refers to individuals who have not yet established a credit history by borrowing or using credit cards.
Lenders may ...read more

Q4. We can only provide you only 2.5 lakhs maximum CTC are you ok

Ans.

I appreciate the offer, but I believe my skills and experience warrant a higher salary. Can we discuss the possibility of increasing the CTC?

Express gratitude for the offer
Highlight your skills and experience that justify a higher salary
Propose a discussion to negotiate a higher CTC

Are these interview questions helpful?

Q5. Differentiate business Loan and personal Loan?

Ans.

Business loans are for business purposes, while personal loans are for personal use.

Business loans are used for funding business expenses such as expansion, inventory, or equipment.
Personal loans are used for personal expenses like home renovations, weddings, or vacations.
Business loans typically have higher loan amounts and longer repayment terms compared to personal loans.
Personal loans may require less documentation and have faster approval processes than business loans.

Q6. How you will manage sales

Ans.

I will manage sales by setting clear goals, developing strong relationships with clients, analyzing market trends, and implementing effective sales strategies.

Set clear sales goals and targets
Develop strong relationships with clients to understand their needs and preferences
Analyze market trends and competitor activities to identify opportunities
Implement effective sales strategies such as upselling, cross-selling, and customer retention programs

Share interview questions and help millions of jobseekers 🌟

Q7. Type of life insurance

Ans.

There are various types of life insurance policies available, including term life, whole life, universal life, and variable life insurance.

Term life insurance provides coverage for a specific period of time, usually 10-30 years.
Whole life insurance offers coverage for the entire lifetime of the insured and includes a cash value component.
Universal life insurance is flexible and allows for adjustments in premium payments and death benefits.
Variable life insurance allows policy...read more