Yes Bank Interview

8/9/2019 Yes Bank Interview

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Tell me about your self.

I am vishu. I live in kuk. I had a small family my father mother brother sister.

As my studies are concern I did 10 & 12 from xyz school. After scooling I did bcom from ku university

with xx and then I did mba with yy . After that I !oined axis bank kuk branch as asst manager and

I handled front desk . neft"rtgs dd"#o fd$ de#t and I was handling the diliverable registers .

I handled cash for some time when the head cashier on leave . i was handling coustomer re%uest

form and issues during services in branch. ct

What did u left axis bank.

I have com#leted more than 1 year in axis bank and even I was #osted in my home town so such

there was no issue with axis bank. I have gained a lot of knowledge and ex#erience from axis bank

but unfortunately due to some family #roblem as my family was shifting " 'or any thing other (

because of thse conditions I left axis.

Why u want to join yes bnak.

As we all know yes bank is a new generation #rivate sec bank. It is one of the fastest growing bank in

india. among all the banks serving now. it was last to enter in to the market and now its ) th largest

bank with more than *00 branches. +o its my #leasure to !oin a organization like yes bank. ,here I

can grow along with the bank.

What deppt have u handled in u r branch.

U can describe about the deppt u have handled in u r entire journey of axis bank.

Define bate money, issuable non issueable note.

it’s a set of currency selected from the entire money and the serial no of that is noted to trap the

theif in case of robbery. And it has to be changed in every 6 months.

Every teller counter has its diff bait money.

Voult bait money is a diifernt from the teller. A branch has minimum of set of bait money. !n

case of any ne" teller counter has to be opened a set of ne" bait money should be given to thatcounter and the bait money "ith the teller counter should be present "ith teller every time in the

teller counter.

#e have to exchange a soiled note "e cant refuse for that in any case.


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Soiled notes Facilities for Exchange of Soiled and mutilated

currency notes

-he facilities #rovided to the members of #ublic for exchange of their soiled$ mutilated etc.

notes are as under.

Soiled Notes

+oiled notes are those which have become dirty and slightly cut. otes which have numbers

on two ends$ i.e. notes in the denomination of /s.10 and above which are in two #ieces$ are

also treated as soiled note. -he cut in such notes$ should$ however$ not have #assed

through the number #anels. All these notes can be exchanged at the counters of any #ublic

sector bank branch$ any currency chest branch of a #rivate sector bank or any Issue ffice

of the /eserve ank of India. -here is no need to fill any form for doing this.

utilated Notes

otes which are in #ieces and"or of which the essential #ortions are missing can also be

exchanged. ssential #ortions in a currency note are name of issuing authority$ guarantee$

#romise clause$ signature$ Ashoka illar emblem"#ortrait of 3ahatma 4andhi$ water mark.

/efund value of these notes is$ however$ #aid as #er /I'ote /efund( /ules. -hese can also

be exchanged at the counters of any #ublic sector bank branch$ any currency chest branch

of a #rivate sector bank or any Issue ffice of the /I without filling any form.


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!ther facilities for exchan"e

-o suit #ublic convenience$ the exchange facility for mutilated notes is also offered through

-5/'-ri#le 5ock /ece#tacle( covers. 3embers of #ublic can obtain from the n%uiry 6ounter

of the /eserve ank a -5/ cover and #ut their notes in the cover with #articulars$ such as$name$ address$ denominations of notes de#osited$ etc. filled in the columns #rovided on the

cover$ close it and de#osit it in a box called -ri#le 5ock /ece#tacle against issue of a #a#er

token. -his box is ke#t at the n%uiry counter at each Issue ffice of the /eserve ank. -he

admissible exchange value of the mutilated notes will be remitted by means of a bank draft

or a #ay order. 3utilated notes can also be sent to any of the /I offices by

registered"insured #ost.

#xcessively soiled, brittle, burnt notes

otes which have become excessively soiled$ brittle or are burnt and$ therefore$ cannot

withstand normal handling can be exchanged only at Issue ffice of the /I. ersonsholding such notes may a##roach the fficer7in7charge of the 6laims +ection$ Issue

8e#artment of the /eserve ank for this #ur#ose.


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$eatures of currency note..

#atermark

$he %ahatma &andhi 'eries of banknotes contain the %ahatma &andhi "atermark"ith a light and shade effect and multi(directional lines in the "atermark "indo".

'ecurity $hread

)s.*+++ notes introduced in ,ctober +++ contain a readable- "indo"ed security thread

alternately visible on the obverse "ith the inscriptions /harat’ 0in 1indi2- *+++’ and )/!’- but

totally embedded on the reverse. $he )s.3++ and )s.*++ notes have a security thread "ith

similar visible features and inscription /harat’ 0in 1indi2- and )/!’. #hen held against the

light- the security thread on )s.*+++- )s.3++ and )s.*++ can be seen as one continuous line. $he

)s.3- )s.*+- )s.+ and )s.3+ notes contain a readable- fully embedded "indo"ed security thread

"ith the inscription /harat’ 0in 1indi2- and )/!’. $he security thread appears to the left of the

%ahatma4s portrait. 5otes issued prior to the introduction of the %ahatma &andhi 'eries have a

plain- non(readable fully embedded security thread.

atent !mage

,n the obverse side of )s.*+++- )s.3++- )s.*++- )s.3+ and )s.+ notes- a vertical band on the

right side of the %ahatma &andhi’s portrait contains a latent image sho"ing the respective

denominational value in numeral. $he latent image is visible only "hen the note is held

hori7ontally at eye level.

%icrolettering

$his feature appears bet"een the vertical band and %ahatma &andhi portrait. !t contains the

"ord )/!’ in )s.3 and )s.*+. $he notes of )s.+ and above also contain the

denominational value of the notes in microletters. $his feature can be seen better under a

magnifying glass.

!ntaglio 8rinting


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$he portrait of %ahatma &andhi- the )eserve /ank seal- guarantee and promise clause- Ashoka

8illar Emblem on the left- )/! &overnor4s signature are printed in intaglio i.e. in raised prints-

"hich can be felt by touch- in )s.+- )s.3+- )s.*++- )s.3++ and )s.*+++ notes.

!dentification %ark

A special feature in intaglio has been introduced on the left of the "atermark "indo" on all

notes except )s.*+9( note. $his feature is in different shapes for various denominations 0)s. +(

Vertical )ectangle- )s.3+(':uare- )s.*++($riangle- )s.3++(;ircle- )s.*+++(?@A to >?@E of the !ndian

8enal ;ode and are punishable in the courts of la" by fine or imprisonment or both.

Define clean note policy

;lean 5ote 8olicy


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!n recent periods- instances of certain branches of banks continues to follo" old practices like

stapling- "riting number of note pieces in loose packets on "atermark "indo" of notes

disfiguring the "atermark impression and rendering it difficult for easy recognition have come to

our notice. =urther- it has also been observed that certain bank branches do not sort notes into re(

issuables and non(issuables- and issue soiled notes to public. 'uch practices are against the

;lean 5ote 8olicyB of )eserve /ank of !ndia.

a2 banks should do a"ay "ith stapling of any note packet and instead secure note packets "ith

paper bands-

b2 banks should sort notes into re(issuables and non(issuables- and issue only clean notes to

publicC and-

c2 banks should forth"ith stop "riting of any kind on "atermark "indo" of bank notes.

Define % rule on a che&ue

What is Crossing of Cheque ?

A che:ue is a negotiable instrument.


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;rossing is a popular device for protecting the dra"er and payee of a che:ue. /oth bearer and

order che:ues can be crossed. ;rossing prevents fraud and "rong payments. ;rossing of a

che:ue means DDrawing Two Parallel LinesD across the face of the che:ue. $hus- crossing is

necessary in order to have safety. ;rossed che:ues must de presented through the bank only

because they are not paid at the counter.

Dierent Types of Crossing ↓

1. General Crossing :-

&enerally- che:ues are crossed "hen

1. There are to trans!erse parallel lines" #ar$ed a%ross its fa%e or

&. The %heque 'ears an a''re!iation (& Co. ('eteen the to parallel lines or

). The %heque 'ears the ords (Not Negotiable( 'eteen the to parallellines or

*. The %heque 'ears the ords (A/c. Payee( 'eteen the to parallel lines.


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+ %rossed %heque %an 'e #ade bearer cheque 'y %an%elling the %rossing and

riting that the %rossing is %an%elled and a,ing the full signature of draer.

Specimen of General Crossing ↓

&. Spe%ial or estri%ti!e Crossing :-

#hen a particular bank4s name is "ritten in bet"een the t"o parallel lines the che:ue is said to

be specially crossed.

Specimen of Special or Restrictive Crossing ↓

!n addition to the "ord bank- the "ords DA/c. Payee OnlyD- Dot egotia!leD may also be

"ritten. $he payment of such che:ue is not made unless the bank named in crossing is presenting

the che:ue. $he effect of special crossing is that the bank makes payment only to the banker

"hose name is "ritten in the crossing. 'pecially crossed che:ues are more safe than a generallycrossed che:ues.


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;he:ue

A che:ue is the main document that enables the payment of money from a bank account to a person or another bank account. !t is therefore necessary to be a"are of the elements of a che:ue.

A che:ue- completely filled up and signed is a "ritten instruction from you as the account holder

to your bank and it authori7es payment from your account to "hoever is named on the che:ue.

'ome elements of the che:ue are already printed on it- common to all che:ues. $here are spaces

in the form of lines and boxes to be filled out. All che:ues bear the name of the /ank "hich hasissued the che:ue "hile some che:ues have the Account 1older’s name and the account number

printed on each leaf. !n case the name and account number are not printed- you have to fill it in

correctly.

+ %heque has the folloing essential ele#ents

"# $he ame of t$e %an& - also called the 'rawee !an& B or paying bank.

(# $he person to "hom the che:ue is to be paid is called the Payee’.


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*# At the end of the line from pay to’ you "ill find the "ords or !earer’. $his refers to the

person "ho is carrying the che:ue and the payment "ill be made to this person if the che:ue

does not specify the person to be paid. !t is advisable to cross out or bearerB printed on the

che:ue "hen "riting out a che:ue to avoid a stolen che:ue from being misused or paid out.

+# $he payment amo,nt should be "ritten in "ords next to the printed "ords on the che:ue

saying a sum of’0'ay- )upees t"enty thousand only2. $he same value should be "ritten in the

box beside it in figures 0)s.++++9( only2.

-# $he name of the Drawer or the person holding the account appears on the che:ue. Four name

may be printed on your che:ue leaves or you might have to "rite it at the bottom right side of the

che:ue.

# Four signat,re is to be "ritten above the section "here your name is printed. Four signature

as the dra"erB of the che:ue should also tally "ith the specimen signature that your /ank has

on record. Fou might be re:uired to put your signature additionally on the back of the che:ue to

endorse it.

# Four Acco,nt ,m!er- a fifteen digit or fourteen digit number- varying from /ank to /ank-

is printed on each che:ue leaf. !f it is not printed- you have to fill it in in the designated boxes-

one digit per box.

0# Serial ,m!er of the che:ue. Each che:ue has a different number for identification purposes.

Fou "ill find a series of numbers at the bottom left side of a che:ue. $he che:ue number is

usually a six digit number enclosed "ithin inverted commas ++++++’.

"1# Four che:ue also bears a nine digit number called the 23CR G %agnetic !nk ;haracter

)ecognition code "hich is uni:ue for every bank branch in !ndia. $he che:ue also bears the

dra"ee bank’s state- branch and sort code "hich are a series of numbers appearing next to the

che:ue number.

""# Four che:ue may also contain an internal code by the issuing bank called the $ransaction

idB.

"(# A che:ue may be crosse' at the top left corner of the che:ue "ith t"o lines or have

Account payee onlyB "ritten there to denote that payment should be made to the account of the

person "ho is being paid. $his is to secure the transaction.

A valid che:ue contains in "riting a current date- name of payee- a specified amount "ritten in

"ords and figures and duly signed by the dra"er. A che:ue is al"ays dra"n on a specific bank

mentioned on the che:ue and ;he:ue book facility is made available only to an account holder

"ho is supposed to maintain certain minimum balance in the account. !t can be encashed at the


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Yes Bank Interview