Hi friends! Our reader Sourav shared interview experience that he had during IBPS PO V Interview. You can learn from his experience and find a way for yourself as well in the upcoming days.
- Name: SOURAV KUNDU
- Location: KOLKATA
- Venue of Interview: UNITED BANK SOUTH REGIONAL OFFICE
- Date: 22/01/2016
- TIME: 8:30 A.M.
MY TURN CAME AT 2 P.M While entering in the room, (Panel VI – 4 males and 1 female)
Me: Good Afternoon MAM, Good afternoon SIRS.( they asked to have a seat.i sat and said thank you)
M1: Good Afternoon Sourav. Introduce yourself.
Replied: Name, hometown, education, father’s occupation and areas of interest (cricket,chess).
M1: Smiled and said don’t worry i am not going to ask you anything from your chess or cricket. Asked me about my home town…famous for? and which colony ruled? when did they go?
Replied: Ruled by French. Couldn’t tell the year when they moved out. SO SAID SORRY SIR.
M1: So what have you read today?
Replied: Sir, basic banking
M1: Ok fine basic.. So tell me about basic savings bank deposit account.
Me: Sir it is basically a no frills savings account and mainly a step towards financial inclusion.
M1: Any schemes related to it.
M1: What is no frills account and frills account?
Replied: I said it was a zero balanced account
M1: It is not zero balance account. It means minimum balance account…it can be zero…
Me: Thank you for the information i thought it was zero balance.
M1: DETAILS ABOUT PMJDY
Me: Answered. missed one point about the overdraft but when he told overdraft i answered.
M1: Looking at his phone…what is RuPay card and why it is different from others?
Me: It is basically a payment gateway, an intermediary between the banks and the merchants and it is a indigenously built card…others like master visa are foreign…in case of rupay bank has to give 40 percent less amount(service charge) to rupay than those of other foreign cards.
M1: INDIGENOUSLY means? who control this?
Me: It is controlled by npci. national payments corporation of india…asked me about function on npci..i started saying regulates payment but then said sorry sir i am not sure…
lady: What is crr? How much it is?
Me: Cash reserve ratio…it is the reserve amount that a bank has to keep in cash with rbi with reference to ndtl (fumbled a bit)….crr is 4 percent…she asked M2 if i am right or wrong :P
Lady: What is ndtl?
Replied: Net demand and time liability..net demand refers to the amount in savings account and time refers to the fixed deposit accounts.
M2 WAS GOING TO ASK SOMETHING BUT BEFORE THAT THE LADY SAID YOU CAN GO…SO M2 STOPPED AND SAID OKK YOU MAY GO.. M3 AND M4 WERE SILENT OBSERVERS.. I THANKED THEM AND WENT OUT…
I WAS 24 TH MEMEBER IN MY PANEL (TOTAL 25).THEY WERE IN A HURRY AS THE OTHER PANEL V) HAS ALREADY STARTED THE 2ND SHIFT INTERVIEW…DON’T KNOW WHAT WILL HAPPEN…IT WAS AN AVERAGE PERFORMANCE…I COULD HAVE DONE BETTER THAN THAT…MOREOVER NOT MUCH QUESTIONS WERE ASKED..SO I JUST LEAVE IT TO GOD.
THANK YOU Sourav for sharing your Interview Experience with us.
All the Best :)