Banking ➔ Banking Loan Clerk Job Interview Questions and Answers

Banking Loan Clerk interview preparation guide for freshers and experienced professionals. Explore these number of Banking Loan Clerk frequently asked questions(FAQs) extracted from many job interviews

► Explain me what is Bank rate?
► Tell me are you a reliable person with strong work ethics?
► Tell us what is the difference between ‘Cheque’ and ‘Demand draft’?
► Tell me what is Statutory Liquidity Ratio – SLR?
► Tell us how bank earns profit?
► Tell us what is ‘balloon payment’?
► Tell us what is ‘Availability Float’?
► Explain me what was the purpose of setting up NABARD?
► Tell us what is overdraft protection?
► Tell me what is the difference between bank guarantee and letter of credit?
► Tell me what are the primary functions of a commercial bank?
► Explain me what is Repo rate?
► Tell me what personal characteristics should a bank clerk possess?
► Explain me what are Derivatives?
► Tell us what is Payday loan?
► Tell us what is ‘Fixed’ APR and ‘Variable’ APR?
► Explain me about Network of Corporation bank?
► Tell me what is investment banking?
► Tell me what is GDP?
► Tell us what is adjustment credit?
► Do you know what is Cost Of Funds Index (COFI)?
► Tell me what is CRR?
► Tell me what is DeMat account?
► Tell me why you want to enter in Banking industry?
► Tell me what is GNP?
► Do you know what is Bank rate?
► Explain me what is Monetary Policy?
► Tell me why don't you join your father's business?
► Tell me what ACH stands for?
► Explain what is bank? What are the types of banks?
► Tell us what is ‘Loan grading’?
► Explain what are the different types of ‘Fixed Deposits’?
► Tell me what is RuPay card?
► Tell me what are various investments under section 80(C) of Income Tax act?
► Tell me what would you consider important for a bank clerk, being the first point of contact with customers?
► Explain me the reforms that taken place in the Indian banking industry?
► Tell me what is ILOC (Irrevocable Letter Of Credit)?
► Tell me what is ‘Cheque Discount’?
► Tell me what is SLR?
► What is bull and Bear market?
► Tell me what are open market operations?
► Tell me what are the different types of Loans offered by Commercial Banks?
► Tell us what is Charge-off?
► Explain what is (APR) Annual Percentage Rate?
► Tell me why do you choose clerk job as your career?
► Explain what are the things that you have to keep in concern before opening the bank accounts?
► Tell us what do you mean by ‘foreign draft’?
► Explain me what is Line of credit?
► Explain me what is Convertibility Clause?
► Explain me bank clerking duties?
► Do you know what are various services provided by a commercial bank?
► Tell me what are various functions of RBI?
► Do you know what is Fiscal policy?
► Tell me what is SWIFT?
► Explain corporation bank “Corporate Vision”?
► Do you know what are the types of accounts in banks?
► Tell us what is ‘Credit-Netting’?
► Tell us what do you mean by term ‘Usury’?
► Tell me why are you not working anywhere from past 6 months?
► Explain me what is IRDA and what are it's functions?
► When was nationalized corporation bank?
► Please explain what are the types of Commercial Banks?
► Tell us what is negative Amortization?
► Tell me what is inter-bank deposit?
► Explain what is the card based payments?
► Tell us what do you mean by ‘cheque endorsing’?
► Tell me what is ‘Bill Purchase’?
► Why you left your previous job as Banking Loan Clerk?
► Tell me what is PPF?
► Do you know what is Call option and Put option?
► Tell me what is Service Tax?
► Do you know what was the coporation bank initial name?
► Tell me what is cashier’s cheque?
► Explain what are the different types of banking software applications are available in the Industry?
► Tell us what are the different ways you can operate your accounts?
► Tell me what is Cash Reserve Ratio – CRR?
► When did the corporation bank came into existence?
► Explain what is Mutual Fund? What is safest type of fund?
► Tell me what is an Option in derivative market?
► Tell me what is CP?
► Tell me are you able to work in a computerized environment and spend long hours at the computer?
► Explain what are the different types of Loans offered by banks?
► Tell us what do you mean by term ‘Loan Maturity’ and ‘Yield’?
► Explain me what is home equity loan?
► Tell us what is ‘Amortization’?
► Tell me do bank charge for ‘overdraft protection’ service?
► Do you know what is consumer bank?
► Explain me what are the functions of Reserve Bank of India?
► Tell me who is the Chairman of Corporation Bank?
► Tell me what is GST?
► Tell me what is Fiscal deficit?
► Tell me what are NPAs?
► Tell me can you shift to another city?
► Do you know what is ‘Bill Discount’?
► Tell us what ‘LIBOR’ stands for?
► Tell us what are payroll cards?
► Tell us what do you mean by co-maker?
► Tell us what is ‘Credit Check’?
► Explain what is debt-to-Income ratio?
► Tell us what is the ‘cost of debt’?
► Do you know what is ‘prime rate’?
► Explain what is ‘Crossed Cheque’?
► Please explain what is commercial bank?
► Do you know where was the Head Quarters of Corporation Bank located?

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