• Written By Fairy Dharawat
  • Last Modified 27-09-2023

Why Do You Want To Join Banking Industry? Interview Tips

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Why Do You Want To Join Banking Industry?: One of the most commonly asked interview questions. The answer to joining the banking industry may range from balanced professional and personal life to long-term stability. But you cannot answer the questions in such an informal way to an interviewer.  

Attempt All IBPS PO Prelims Exam Questions with Hints & Solutions Here!

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**Steps to take the IBPS PO Prelims Mock Test are mentioned below

With the banking sector worldwide and India has grown beyond the traditional process, banking now serves a higher social and economic status. The banking sector is shaping a promising landscape for fresh graduates and young professionals with modern techniques and innovative technologies. The reason to join the banking industry may range from long-term stability to balanced professional and personal life. 

Why Work in Banking? Tips to Answer

Why work in banking? Why the banking industry? These are some of the questions that come to your mind when you start thinking about finding jobs in the banking industry. Below are some points that will make it easier for you to answer these questions:

  1. Be very careful while answering this question, as it is critical for your selection. Not to scare you, but your answer can make or break your chances of getting selected.
  2. These questions help to judge whether you have clarity in your thoughts. So be clear while answering the questions. You need to prepare well and be aware of the post and organization you are preparing and applying for.
  3. Be proactive as the judging panellists in the interview are looking for confident and proactive candidates who are well aware of taking responsibilities if hired. So show keen interest and enthusiasm coupled with confidence and crack the interview.
  4. Frame your answers based on the below points.
    1. Possibility of growth
    2. Job security
    3. Prestige in society

**Steps to take the IBPS PO Prelims Mock Test

Candidates can follow the steps below to take the Practice:

  • 1st Step: Visit Embibe’s official website, i.e., embibe.com.
  • 2nd Step: Login/Sign-up through your mobile number/email.
  • 3rd Step: Then select your Goal as ‘Banking’ under getting a government job section then Next, select your exam name as ‘IBPS PO Prelims‘.
  • 4th Step: Click Next and select your preferred language.
  • 5th Step: Once Done, click on the below-mentioned Test links to Start the Practice.
SubjectsPractice Chapters From IBPS PO Prelims
Practice Reasoning Chapters From IBPS PO Prelims
Practice Quantitative Aptitude Chapters From IBPS PO Prelims
Practice English Language Chapters From IBPS PO Prelims

Prepare Answers for the Questions Based on the Given Information

  1. There is job security. One strives to find a job that provides job security.
  2. Banking is one of the fastest-growing sectors in India, offering stability and career growth opportunities. It is estimated that credit growth in India’s banking sector will improve in FY22.
  3. Banking Sector offers tremendous growth opportunities as candidates reach from the Probationary Officer level to a General Manager level.
  4. There is a certain level of respect bank employees gets in society. The reason is that there is direct interaction with the customers. They are also active in various social schemes, which are important and beneficial for society.
  5. It provides a challenging working environment with big opportunities to learn.
  6. Banks are now using the best available technology for their work. Employees work on the latest banking software, which enhances their profile.
  7. Bankers enjoy various perks and low-interest loans, which are attractive options found by most aspirants.

For further information on answering the interviewer’s questions, like why do you want to work in the banking sector? or why choose a career in the banking industry? Try these answers.

Body Language Matters

While you answer a tricky question, you should be confident and project your answer in a way that convinces the interviewer. Check the below points to enhance your body language.

your body language matters

Give a Genuine Smile

Not a nervous flickering smile, a genuine smile. Look at the person, and give your best smile. Take a moment and do not rush. You will give a good impression.

Give a Firm Handshake

Give a firm handshake. Practice it with family and friends. A good firm handshake is neither too strong nor too soft. It’s just right with the right amount of grip. Remember, while projecting your confidence, do not hold your interviewer’s hand tightly; it won’t look good.

Your Posture is Important

Sit straight, tuck in your stomach, push back your shoulder blades and stay alert but also relaxed. Does it seem too much? Well, not really, a good posture has overall health benefits, so remember to follow a good posture in your life and not just for the interview.

Gain Confidence by Preparation

When you prepare well, you gain confidence. You can say there is magic in preparations which removes the lack of confidence as if it never existed. So prepare the most likely questions to be asked in your banking exams, and watch yourself breeze through the interviews.

Jobs the in Banking IndustryIBPS Recruitment Information

Now that you are all set to rock your interview, do not forget to come back again for more information and the latest notification about the banking industry. Prepare with Embibe to get ahead of the competition in the highly competitive job market. Get a competitive edge, and start your chapter-wise test with Embibe today! It’s absolutely!

Some of the frequently asked questions related to interviewer questions in the banking industry, like Why Do You Want To Join Banking Industry are discussed below:

Q.2: Why do you think Nationalized banks are a good fit for your skills?
Ans:
In this question, you have to focus on what research you have done to understand what a nationalized bank is and explain how you can handle customers efficiently.

Q.3: Why did you decide to become a banker?
Ans:
This question is asked to check your level of motivation to choose a banking career path. So have clarity and speak about your decision without any ambiguity.

Q.4: Have you ever had to deal with an angry customer? How did you handle it?
Ans:
You must throw light on your soft skills and speak about your prior experience where you handled an angry customer smoothly without any issues.

Q.5: What do you feel are the most important qualities for a banker position?
Ans:
A banker needs to have judgment skills, orientation towards service and stress management skills. Organizational skills, professional ethics and time management are some points that must be analyzed while answering this question.

Q.6: How would you handle a situation when there are errors in the software and a customer is wrongly charged a withdrawal fee?
Ans: Here, you must talk about your patience level to handle any tricky circumstance. You can talk about how the banker should take extra care to handle angry and aggressive clients while explaining their technical issues.

We hope this detailed article on Why Do You Want To Join Banking Industry helps you. Stay tuned to Embibe for more informative articles.

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