Bank interview

Interview Questions and Tips for IBPS CLERK III

Dear readers, Interview for IBPS CLERK III is starting from upcoming week and many readers have requested for Interview questions and 

 tips.

So here we are providing you some Interview questions which has been asked in Bank interview and also presenting you the tips to answers the questions.

1. Tell us something about yourself.

This question is randomly asked in an interview as to know what you know exactly about yourself.  You should not answer them about all the information which you have mentioned in your resume. 

Be natural and calm. Speak slowly and tell them about your strengths, achievements and passions etc.

So mention your strengths and interests that are related to a job.

2. What do u mean by term Banking?

Ans: The term banking has been broadly defined under banking regulation act. 
As bank is engaged in the business of accepting the deposits from public and utilize such deposits either for the purpose of lending or for the investment"

3. What are the main functions of commercial banks?

The main functions of commercial banks are:

1. Accepting deposits

2. Giving loans

3. Overdraft

4. Discounting of Bills of Exchange

5. Investment of Funds

6. Agency Functions

7. Miscellaneous Functions

4. Why do you want to join Banking Sector?

This is a very simple question, but in order to give a suitable answer, you must know how to answer. You need to know about the Banking Sector in which you are willing to work for and read their job description.

When you are asked this question, tell them that working for Banking Sector will be a challenging and beneficial experience to you.

Ans: 
1.This is really a golden opportunity for me to develop my career in Banking as well as in a Govt. sector.

2.  Indian banking sector is one of the fastest growing sectors in the country. 

3. It has clear career path.

4. It has social reputation.

5. Future is very bright and we can also enjoy loans at cheaper rates.

6. It has white collar job and has regulated working hours.

5. What are the qualities of a Banker?

If you are going for a bank interview, you should know about the qualities of a banker.

Ans:
1. Peoples Skills: You must have the ability to relate to customers as well as your co-workers.

2. Good communication skills: It will help if you have good verbal as well as written communication skills.

3. Honest.

4. Knowledge of computer

5, Innovative to sell value added products of a bank.

6. Liberal focused towards its customer.

6.What is your Strength?

This is again a very commonly asked question. The Interviewer here wants to analyze how much you know of yourself.

Strengths:- You should mention your strengths that are beneficial for them and also which is related to your job.

For Ex:  I have good communication skills"

"I Like Interacting with people"

"I am good at an analyzing Problems and working in a team to find out appropriate solutions".

7.What is your Weaknesses?

Weaknesses: - You should not say that you do not have any Weakness. It shows that either you are Overconfident or have not assessed yourself and don't want to talk about it.

For Ex: i. My greatest weakness is that I always have a tough time saying no to tasks unless I am already close to being overwhelmed.

ii. I work on it constantly, and have learned the hard way that sometimes I just can't do it all!

iii. I am a very straightforward person. Sometimes this is my weakness and sometimes this is my strength.

8.Why should we hire you?

The Interviewer wants to know your suitability for the job so in this question you should tell about your Strengths and achievements so far.

You should mention your strengths so that they would come to know your fitness for the job.

Do not say something which is not true about you. Avoid using phrases like "This is the Best Company" or "I want to work in this field." Don’t try to please the interviewer by giving wrong information.

9.Why do you want to leave your current job?

This question is typically asked in an interview. There are many negative answers to these questions.

For Ex:  I hate my job, I hate the company, I'm not appreciated there, I hate my boss, I'm sick of working there, etc.

 Be direct and focus your interview answer on the future, especially if your leaving wasn't under the best of circumstances.

You can answer in a way:

1. This position seemed like an excellent match for my skills and experience and I am not able to fully utilize them in my present job.

2. I am interested in a new challenge and an opportunity to use my technical skills and experience in a different capacity than I have in the past.

10.Where do you see yourself in five years?

The interviewer wants to understand more about your career goals and what is your level of commitment to the job they are offering.

You should answer in such a way that ensures them that you are interested in making a long-term commitment towards the job and will have a long term and mutually beneficial association with them.

For example: My goal right now is to find a position at a company where I can grow and take on new challenges over time.

Ultimately, I’d like to assume more management responsibilities and get involved in company strategy. But most importantly, I want to work for an organization where I can build a career.”