Canara Bank-Banking Interview Questions & Answers, Bank PO, clerk interview questions for IBPS and other banks (Andhrabank, SBI, Canarabank, syndicate bank, Gramin bank, Punjab national bank,Federal Bank, Syndicate Bank, Bank Of India, Union Bank, Banking terms which may be asked in bank interview questions,
Banking Interview Questions
Since now you have cleared your written exam, the last phase of the bank recruitment process is Interview. Along with your performance at written exam, interview will be the deciding factor if you have cracked the recruitment process successfully. While your knowledge was judged in the written exams, the employer will judge your communication, attitude, and problem solving skills.
Preparatory aspects of interview
Look at a few preparatory aspects that you need to know about interviews.
1.Dress code
2.Entry and initial moments in the interview room
3.Sitting posture
4.Body language
5.Language to be used in an interview
6.Conduct inside the interview room
What the interviewer look for in an interviewee ?
The interviewer are chiefly interested in knowing whether you are a suitable candidate for a management course as well as for taking up managerial responsibilities in future.
The main qualities that the interviewer look for the candidate are:
Level of knowledge the candidates possesses.
Conceptual understanding of issues
Clarity of thought
Communication skill
Planning of career
Basic personality
Reacting to a situation
Talk about Banking – what the interviewer seeks for is a person who is flexible to be along with the given timings, someone who can cope up with writing bits and bobs or a person who can benefit them with more development .Your answer can have following bulleted points.
>>Banking is a fast changing environment
>>Retail banking is now very competitive – from telephone banking, retailers and etc Banking is thus now largely sales driven.
>>You can even talk about IT getting changes and clearing banks offers a wide range of career opportunities for graduates – not just in branch banking but also in financial services, consultancy and corporate banking.
Have you applied to any other areas apart from banking?
Here off course your answer will hold some other finance or sales and marketing careers – insurance or accountancy, altogether these careers should have skills related to banking.
Tell me about an experience in which you had to use tact?
Tact and diplomacy are important qualities in retail banking – the customer is (almost!) always right. You may have to tell an account holder diplomatically why they can’t have a loan for example, without provoking them into moving their account elsewhere.
What significant trends do you see in the future for our industry?
This is your chance to shine. You will be fully familiar with the economic situation as it relates to banking or how recent legislation affects it. How will you be familiar? Because you will have done your research and preparation properly.
You will have talked to people about the employer, you will have been reading trade magazines, journals and newspapers, and you will have poured over company brochures, annual reports or anything else you can get your hands on direct from the employer.
You could talk about tele-banking, the limited range of services now being offered by the supermarket banks, the effects of technology and competition and much more.
The Employment Files in the Careers Service library are an obvious first place to look. The Internet is also an excellent source of information. Be ready to have more than one significant trend to discuss!
Tell me about yourself/ describe yourself?
Tell me abt ur family
Something abt urself which u dnt mention in ur resume ie., describe urself as a person
What does you name means?
Why gap in education if there is gap)?
Describe your work experience if there is..)?
Why dnt u go for a specialist officer post than general banking
4.Given an option to work in Infy,PNB,Google..Which one wud u choose n justify
5.Willing to relocate as we will be posting u in HP,Assam as pnb branches are more there?
6.Do u think banking career is good for girls or even anyone..coz once u get married n ur spouse is in some other sector..Will u be able to accommodate?
7.What are the qualities of a Good banker?
8.Will u be able to work under pressure where u hv to perform n deliver…So how will u do that..?
9.B4 u leave…do u wanna say anything to us..or ask any question?
Why have you left your previous job?
What do you know about our bank?
How many bank exams(or)interviews have you attended so far?
What are your strengths?
What are your weakness?
Why are you switching your career?
How will your education help your banking career?
What have you been doing since now after education?
Are you willing to work anywhere in india?
When mnc’s are paying more salaries why you are settling down for low salaries in banks?
Why do you want to join in banking sector?
Why should we select you?
How would you take it if you were not selected for this position?
Do you have any questions for us?
Banking terms which may be asked in bank interview questions
> repo rate
>reverse repo rate
>bank rate
>CRR(cash reserve ratio)
>SLR (statutory liquidity ratio)
>MSR(marginal standing facility)
>scheduled bank
>nationalized bank
>why banks are nationalized
>poverty line
>asset?
>privatization
>bank
>MCC(multiple credit creation)
>deposits
>fixed time deposits
>demand deposits
>stale cheque
>currency chest
>PAC’s(primary agricultural cred societres)
>inflation
>limited liability
>dd
>mutual funds
>consumer credit card
>sovereign wealth fund