Sales Personal Loan Manager Interview Questions and Answers

To convince a customer, it is important to understand their needs and provide personalized solutions.

• Listen actively to the customer's needs and concerns

• Provide personalized solutions that meet their specific needs

• Highlight the benefits and advantages of the product or service

• Address any objections or questions they may have

• Build rapport and establish trust with the customer

• Use persuasive language and techniques, such as storytelling or social proof

• Follow up with the customer...read more

Personal loan is a type of unsecured loan provided by financial institutions to individuals for various personal expenses.

• Personal loans are unsecured loans, meaning they do not require collateral

• They can be used for various purposes such as debt consolidation, home improvement, or medical expenses

• Interest rates on personal loans can vary based on the borrower's credit score and financial history

The average number of sales per month varies depending on the market and the sales team's performance.

• The number of sales per month can be influenced by various factors such as market demand, competition, and the sales team's skills and motivation.

• The target number of sales per month should be set based on realistic expectations and past performance.

• Regular monitoring and analysis of sales data can help identify areas for improvement and adjust sales strategies accordingly.

• Fo...read more

Axis Bank is the third largest private sector bank in India offering a wide range of financial products and services.

• Founded in 1993 as UTI Bank, rebranded as Axis Bank in 2007

• Headquartered in Mumbai, India

• Offers personal banking, corporate banking, and international banking services

• Provides a variety of loan products including personal loans, home loans, and car loans

• Known for its innovative digital banking solutions