NRI Relationship Manager Interview Questions and Answers

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Yes, I have experience in selling third party products like Life Insurance, Mutual funds etc.

• I have worked as a Relationship Manager in a bank where I sold various third party products to customers

• I have completed certification courses in Life Insurance and Mutual Funds

• I have a good understanding of the features and benefits of different products and can recommend the best option to customers

• I have a track record of achieving sales targets and maintaining good customer relati...read more

Yes, I have both AMFI and IRDAI certifications.

• I have completed the AMFI Mutual Fund Certification which is mandatory for anyone who wants to work in the mutual fund industry.

• I have also completed the IRDAI certification which is mandatory for anyone who wants to work in the insurance industry.

• These certifications have helped me gain a deeper understanding of the financial products and services that I offer to my clients.

• Having these certifications also shows my commitment to...read more

Customers should be treated with respect, empathy, and professionalism to build trust and loyalty.

• Listen actively to their needs and concerns

• Provide personalized solutions and recommendations

• Communicate clearly and promptly

• Follow up on their feedback and requests

• Handle complaints with patience and understanding

Taxation of Mutual Funds for NRIs involves TDS on capital gains, different tax rates based on type of MF, and tax implications on redemption.

• NRIs are subject to TDS on capital gains from mutual funds at different rates depending on the type of MF and holding period

• Equity mutual funds held for over 1 year are taxed at 10% without indexation benefit, while debt funds are taxed at 20% with indexation benefit

• Short-term capital gains on equity funds are taxed at 15%, while on debt...read more