Banking Interview Questions and Answers for IBPS and SBI and Other Bank Interviews
Here are the collection of some important and rarely asked bank interview questions and answers , hope it will be useful for the candidates who are attending bank interviews conducted by IBPS and SBI and other banks.
Bank Interview Questions with Answers.
Q1) Why do you want to enter banking sector or banking field?
Ans) Banking Sector is one of the fastest growing sectors in India with more stable and high growth and more over providing wide range of career opportunities for desired graduates and post graduates. So, I want to make my career in Banking Sector
Q2) Do you know the difference between Demand Draft and Cheque?
DD (Demand Draft) and Cheque, both are used for transfer the amount between two accounts of same or different Banks.Cheque is given by an individual and withdrawn from the account whereas DD is issued by a bank where you have to pay before issuing.
Q3)What are NBFCs and difference between NBFCs and Bank?
NFBC Non-bank financial companies are financial institutions that provide banking services, but do not have a banking license. NBFCs do offer all types of banking services, like credit facilities and loans , retirement planning, money markets, and merger activities. These institutions are not allowed to take deposits from the public.
Q4). What is Private Banking?
Banking services offered to HNWI (Full form of HNWI is high net-worth individuals). Private banking institution
assists the HNWI in investing his/her money in exchange for commissions and fees. The term “private” refers to the customer service being rendered on a more personal basis.