Experiences in IBPS PO 3 Interview 2014

Experiences in IBPS PO 3 Interview 2014

Name : Peddiboina Ravindra babu

Venue : Andhra bank(zonal office), Vijayawada

Panel : 3

Date : 05-01-2014

Time : 1.00 PM

Hi, I would like to share my Interview Experience with you. It is my First Interview Experince with IBPS.

By 12.45 My certificate verification was completed.Many of the candidates was rejected for lack of OBC certificate(i.e.,Issued after march,2013).My turn came at 1.00pm.
As usual I knock the door and asked “may I come in sir”…
Interviewers m1,m2,m3,m4- Yes come In(I entered the room by saying “good after noon sirs”).Take your seat.
Me-“thank you sir.
M2-your native Is Vijayawada right?
Me-“no sir! It is dokiparru.One year before we came to vijayawada and settled down here.”
M2-You are Mtech ?
Me-“no sir I am MCA”.
M2-Ok.what is Information retrieval system.?
Me-“Sir,whenever client requests for particular Information.Server process the data and sends that information to the client.”
M2-ok.from where the Information will be retrieved?
Me-:”either from database or datawarehouse.”
Then it’s the turn of M2
M2-what is ECOMMERCE?
Me-“an electronic commerce which we can do online shopping and transactions”.
M1-can you give the flow chart How the transactions will be done.
Me- “sir whenever customer want to buy a product he will search for that product Online.after getting the product he will place the order with his complete details(Including bank a/c details).then the product issuer will check the bank balance of the customer through the bank.(because now a days CORE(CENTRALIZED ONLINE REALTIME ELECTRONIC)BANKING is available.If he had enough funds in his amount,they will deduct the amount by confirming the order.The customer will get the product within the business days.”
M1-how NPA’s will be recovered?
Me-through SARFAESI(securadisation and reconstruction of finantial assets of enforcement of security Interest).under section 13(2) SARFAESI act.
M1-except SARFAESI act how will they recover?
Me-sorry sir I don’t know.
M1-Apart from banks regular activities what will they do?
Me-Funds Trasfer,Locker Facility,Bancassurance.
M1-what is Bancassurance?
Me-selling of Insurance products through bank.
M2-why so.They had their own business.To sell Insurance policies LIC.GIC…are there.but why banks?
Me-to expand their business through that they can earn more profits.(he was not convinced fully).
M1-now a days banks are lending for 12% or 13%.How about their lending In initial days?
Me-sorry sir I am not aware of that.
M3-why you preferred Punjab national bank as ur first Option?
Me-sir,It is the second largest Public sector bank having morethan 5000 branches across India.It is serving for morethan 38million people Inside and outside the country as well.
M3-Then why Bank of baroda as second option?
Me-“It is the third largest public sector bank sir.”
M3-can You say anyother reasons?
Me-“sorry sir.I don’t know any other except that.”
M3- You are passed out in 2011.what are you doing upto now?
Me-sir,we are finantially from low background,so I have done freelancing(self employment over the Internet.)and I helped my father In his work.earned money,went for bank coaching and I have been selected for IBPS PO.
M2-How many marks you scored?
Me-71 sir
M1-how about your family?
Me-answered.
M3-what work have you done In Internet?
Me-sir,form filling and promoting advertisements.
M2-how much they will pay for you and on what basis?
Me-they used to pay around 200-250 per day based on my accracy and speed.
M4-(he is simply observing me,He did nt asked me a single question)
Finally they said (all the very best)
Me-thank you sir.I had learned a lot things from you.Have a nice day sirs.
All the pannel members are friendly.They are making us to feel comfortable.

Analysis :
Be confident.If you know the answer express it without any doubt,otherwise simply say “I am sorry sir”.
Maintain proper “eye contact” if m1 asked you a question, don’t answer the question by looking at m1 only answer it by looking at all of the Interviewers.

Don’t show or raise you hands at any cost STRICTLY they are against Interview rules.

Finally I would like to thank “MR.KOMMURI SREEDHAR” who is my Institution(SREEDHAR’S CCE) head, played a lot of role for gaining such a banking knowledge and analytical skills.