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SK Finance Limited Area Credit Manager Interview Questions and Answers

Updated 16 Oct 2024

SK Finance Limited Area Credit Manager Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Telegram and was interviewed before Oct 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Working experience
  • Q2. Case study in legal and technical
  • Q3. What'sis team handling ,
Round 2 - One-on-one 

(2 Questions)

  • Q1. Credit related knowledge test of how to assesment the kirana store income
  • Ans. 

    Assessing income for a kirana store involves analyzing sales, expenses, and market trends to determine profitability.

    • Review sales records: Analyze daily, weekly, and monthly sales to identify trends and peak seasons.

    • Evaluate inventory turnover: Calculate how quickly products are sold and replaced to assess demand.

    • Examine expense reports: Identify fixed and variable costs, such as rent, utilities, and supplier payments.

    • ...

  • Answered by AI
  • Q2. What's is the profit margin trading ,service ,manufacturing unit
  • Ans. 

    Profit margins vary greatly depending on the industry and specific company. Trading units typically have higher profit margins compared to service and manufacturing units.

    • Profit margin for trading units is usually higher due to lower overhead costs and higher markups on products.

    • Service units tend to have lower profit margins due to higher labor costs and competition.

    • Manufacturing units have varying profit margins depe...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Simply as I m join as area credit manager , team handling experience , legal and technical related question and hr discussion regarding salary

Top trending discussions

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Interview Hub
5d (edited)
anshitanegi
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ex -
Planet Spark
When HR’s Chinese English made me drop the interview!
So, I talked to the HR yesterday about the interview. I asked Please send me the location But their English… bro I was shocked! It was like talking to someone jisne english nahi kuch ar hi seekh liya ho, if the HR’s English is this I can only imagine the rest of the company I decided to drop the interview with this chinese english😶‍🌫️
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Interview questions from similar companies

I applied via Naukri.com and was interviewed in Oct 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Where we are found my CV .
  • Ans. Yes I am trakle allready 24 employees so no problem I trakle the branch.
  • Answered by RATHIN PAUL

Interview Preparation Tips

Interview preparation tips for other job seekers - Very nice Company Very short process and nice cooperation of HR.

Area Credit Manager Interview Questions Asked at Other Companies

asked in HDFC Bank
Q1. What is Debt Service Coverage Ratio (DSCR), and how is it calcula ... read more
Q2. What financial parameters do you check while approving files for ... read more
asked in HDFC Bank
Q3. What is the funding amount required for different sectors, such a ... read more
Q4. How do you assess the income of a Kirana store for credit purpose ... read more
Q5. Do not lie about any details of your business, or how you lend, d ... read more

I applied via Referral and was interviewed before Feb 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Basic policy test of underwriting and brief introduction of self at starting
  • Q2. Market Knowledge, altitude test, case study based discussion, financial formulae check.
Round 3 - HR 

(3 Questions)

  • Q1. What are your salary expectations?
  • Ans. 

    I expect a competitive salary that reflects my experience and the industry standards for a Credit Manager role.

    • Research industry standards: For example, the average salary for a Credit Manager in my region is around $80,000 to $100,000.

    • Consider my experience: With over 5 years in credit management, I believe a salary in the upper range is justified.

    • Include benefits: I value a comprehensive benefits package, including h...

  • Answered by AI
  • Q2. What is your family background?
  • Q3. Share details of your previous job.

Interview Preparation Tips

Interview preparation tips for other job seekers - Nothing as such.
No problem if reporting Manager finaalizes you.

I applied via Naukri.com and was interviewed before May 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Be confident on gold loan and health insurance... Speak more on cross selling.

Interview Preparation Tips

Interview preparation tips for other job seekers - Gold loan and health insurance... Be confident on these products...

I applied via Referral and was interviewed before Apr 2020. There was 1 interview round.

Interview Questionnaire 

4 Questions

  • Q1. How are your work nature?
  • Ans. 

    My work nature is highly organized, detail-oriented, and focused on achieving goals.

    • I am highly organized and prioritize tasks effectively to ensure smooth operations.

    • I pay attention to detail and ensure accuracy in all aspects of my work.

    • I am goal-oriented and strive to achieve targets and exceed expectations.

    • I am proactive and take initiative to identify and resolve issues before they escalate.

    • I am adaptable and able...

  • Answered by AI
  • Q2. What's is work experience?
  • Q3. How is target?
  • Ans. 

    The target is achievable with proper planning and execution.

    • The target is challenging but realistic.

    • We have a clear plan in place to achieve the target.

    • Regular monitoring and course correction will ensure we stay on track.

    • We have a motivated team that is committed to achieving the target.

    • Examples: Last quarter, we exceeded our target by 10%. This quarter, we are on track to meet our target by the end of the month.

  • Answered by AI
  • Q4. What's awards and rewarding?
  • Ans. 

    Awards and rewarding are forms of recognition and incentives given to individuals or organizations for their achievements or contributions.

    • Awards can be in the form of trophies, certificates, or monetary prizes.

    • Rewarding can include bonuses, promotions, or other perks.

    • They motivate and encourage individuals to perform better and achieve goals.

    • Awards and rewarding can be given in various fields such as sports, academics...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was a technical one but was majorly a stress test. It lasted for about 1 hour 10 minutes. The interviewer wanted to test both my knowledge and communication skills. Most of the questions asked to me were related to my B.Tech curriculum i.e. computer science related topics. He stressed a lot on the basics related to my project topic. Luckily I was able to answer most of the questions correctly. I tried to answer each question with examples and also used props on the table (like pens, paperweights, pen stands etc.) to explain my theories. It was my first offcampus interview, and I think I did pretty well for a fresher. You need to stay calm and should apply presence of mind. Please go through the job description thoroughly word-by-word and recheck your resume to ensure that you are a best-fit for the position.

Interview Questionnaire 

1 Question

  • Q1. About the past experience and also regarding the products which is offering in HDB Financial services..

Interview Preparation Tips

Interview preparation tips for other job seekers - 3 rounds interview first telephonic interview with HR, next with cluster head, next with zonal Manager and finally with Regional HR...

SK Finance Limited HR Interview Questions

25 questions and answers

Q. What can you share about your professional experience?
Q. Could you provide an overview of your overall profile?
Q. What is your knowledge about our product?

I applied via Naukri.com and was interviewed before Apr 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - Total 2 round HR and product head
Are these interview questions helpful?

I applied via Walk-in and was interviewed before Apr 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

After Joining confirmation

Round 2 - Common interview 

(1 Question)

  • Q1. Normal credit norms and policy
  • Ans. 

    Normal credit norms and policy refer to the standard guidelines followed by a company while extending credit to its customers.

    • Credit limit is set based on the customer's creditworthiness

    • Payment terms are agreed upon between the company and the customer

    • Late payment fees and interest rates are charged for delayed payments

    • Credit checks are conducted before extending credit to new customers

    • Credit policies are reviewed peri...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company and attractive salary and incentive.

I applied via Naukri.com and was interviewed in Dec 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Questions about experience ,gold checking, branch exposure and team handling

Interview Preparation Tips

Interview preparation tips for other job seekers - All interview taken through VC it was great experience

Interview Questionnaire 

2 Questions

  • Q1. What is important to increase the business ?
  • Q2. How much achievement will you give to the company?
  • Ans. 

    I will drive growth, enhance customer satisfaction, and foster a motivated team to achieve the company's goals.

    • Increase branch revenue by 20% through targeted marketing strategies and community engagement.

    • Implement a customer feedback system to improve service quality, aiming for a 95% satisfaction rate.

    • Develop staff training programs to enhance skills, resulting in a 30% increase in employee productivity.

    • Establish par...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't be panic by the questions of the requiter, always be confident and give proper and clear answer. Always be loyal with your profession and boss, every person teach us a lesson which called job experience.

SK Finance Limited Interview FAQs

How many rounds are there in SK Finance Limited Area Credit Manager interview?
SK Finance Limited interview process usually has 2 rounds. The most common rounds in the SK Finance Limited interview process are One-on-one Round.
What are the top questions asked in SK Finance Limited Area Credit Manager interview?

Some of the top questions asked at the SK Finance Limited Area Credit Manager interview -

  1. credit related knowledge test of how to assesment the kirana store inc...read more
  2. What's is the profit margin trading ,service ,manufacturing u...read more
  3. case study in legal and techni...read more

Tell us how to improve this page.

Overall Interview Experience Rating

4/5

based on 1 interview experience

Difficulty level

Easy 100%

Duration

2-4 weeks 100%
View more
SK Finance Limited Area Credit Manager Salary
based on 32 salaries
₹4.1 L/yr - ₹10 L/yr
45% less than the average Area Credit Manager Salary in India
View more details

SK Finance Limited Area Credit Manager Reviews and Ratings

based on 7 reviews

3.5/5

Rating in categories

3.5

Skill development

3.6

Work-life balance

4.1

Salary

3.4

Job security

3.3

Company culture

3.8

Promotions

3.2

Work satisfaction

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