LIC HFL Notification 2023, Check the Complete Details

LIC HFL Notification 2023

LIC HFL Notification 2023 is expected to be released in August 2023 on the official website of the LIC. Life Insurance Corporation of India holds founder, promoter & controller status in LIC HFL Company since the Year 1989. LIC HFL is an associate/subsidiary company of LIC. The LIC HFL Notification is released for the recruitment of candidates for the post of Assistant and Assistant Managers. In this blog, we will provide you with all the details regarding the LIC HFL Notification 2023.

LIC HFL Notification 2023 – Overview

Candidates must be aware of the overview details of the LIC HFL Recruitment 2023. We have mentioned below the detailed overview details for the LIC HFL 2023.

Particulars	Details
Name of the Exam	LIC HFL Exam 2023
Organizing Body	LIC Housing Finance Limited
Name of Posts	Assistant & Assistant Manager
Number of Vacancies	To be announced
Type of Job	Government Job
Job Location	All Over India
Mode of Application	Online
Mode of Examination	Online

LIC HFL Exam 2023 – Important Dates

Events	Dates
Start of online registration and payment of fees	August 2023
End of online registration and payment of fees	August 2023
Downloading of Call letters for Online Examination	7 to 14 days before the exam
Online Examination (Assistant)	September 2023
Online Examination (Assistant Manager) (tentative)	Sep-Oct 2023

LIC HFL Notification 2023 – Download Link

The notification has all the detailed aspects of the examination, it is important for the candidates to have a depth knowledge of the notification. We will provide you with the direct link to download the notification once it is released officially on the website of the LIC.

Download the LIC HFL Notification 2023 (Link Inactive)

LIC HFL Notification 2023 – Application Process

Candidates who are aspiring to appear for the HFL examination must be aware of the application process. We have mentioned below the detailed steps to apply online for the LIC HFL Recruitment 2023.

• Open LIC HFL Official Website or Click the Direct Link Provided above.
• Click on “Careers” and go to “Job Opportunities” to open the page or click on the direct link provided above.
• Click on “Click here for Registration” and enter your Name, Contact details, and Email-id. A Provisional Registration Number and Password will be generated. An Email & SMS indicating the Provisional Registration number and Password will be sent to your email id and Mobile Number.
• Login and Fill rest of the details, upload images/signatures, documents, declarations, etc.
• Candidates can reopen the saved data using a provisional Registration Number and Password and edit the particulars if needed. The facility will be available three times in all.
• Click on the Preview Tab to preview and verify the entire application form before the FINAL
• Modify details, if required, and click on ‘FINAL SUBMIT’
• Click on the ‘Payment’ Tab and proceed for
• Click on the ‘Submit’ button

Application Fees/ Intimation Charges

• Assistant- Rs. 800/-
• Assistant Manager- Rs. 800/-

LIC HFL Eligibility Criteria 2023

The official notification has not been released. This is based on the previous notification.

Eligibility Criteria	Assistant	Assistant Manager
		Others	DME
Nationality	Indian	Indian	Indian
Age (as on 01 January 2022)	21-28 years	21-28 years	21-40 years
Educational Qualification (as on 01 January 2022)	Graduate (minimum aggregate 55% marks) Course completed through correspondence/ distance/part- time are not eligible.	Graduate (minimum aggregate 60% marks) or Post-graduate in any discipline. Course completed throughcorrespondence/ distance/part- time are not eligible.	Graduate in any discipline with 50% marks or Post- graduate in any discipline. MBA in marketing/finance will be given preference.
Work Experience	–	–	Completed 3 years as DME in LIC HFL as on 31 March 2022 and continuing as DME or      marketing intermediary in LIC HFL.Achievement of minimum business   targets    (monthly/ quarterly/yearly) as decided by the Company during initial three years of appointment  as DME.The achievement of business target will be verified by the Company and only eligible candidates will be allowed for the further process  of recruitment. The decision of Company will be final  in this regard.

LIC HFL Notification 2023 – Selection Process

We have mentioned below the selection process to give a better idea to the candidates:

Name	Selection Procedure
Assistant	Online Examination and Interview
Assistant Manager (Others category)	Online Examination and Interview
Assistant Manager (DME category)	Work  Experience, Online Examination and Interview

LIC HFL 2023 – Exam Pattern

In order to start preparing for any exam, it is of utmost importance that one knows the scheme or pattern of the Examination. One should know the subjects or sections to be asked in the exam upon which a candidate will be tested. 

Assistant /Associates Exam Pattern

Section	No. of Questions	Maximum Marks	Duration
English Language	50	50	35 minutes
Logical Reasoning	50	50	35 minutes
General Awareness	50	50	15 minutes
Numerical Ability	50	50	35 minutes
Total	200	200	120 minutes

There will be a negative marking of 1/4th or 0.25 of marks allotted to a wrong answer.

Assistant Managers Exam Pattern

Section	No. of Questions	Maximum Marks	Duration
English Language	50	50	35 minutes
Logical Reasoning	50	50	35 minutes
General Awareness	50	50	15 minutes
Quantitative Aptitude	50	50	35 minutes
Total	200	200	120 minutes

There will be a negative marking of 1/4th or 0.25 of marks allotted to a wrong answer.

Interview

Candidates who rank sufficiently high in the order of merit based on their respective Marks in Online Examination for Assistant/Associate/Assistant Manager will be called for an interview. Candidates who do not attend the Interview or who do not obtain the minimum qualifying marks in the Interview shall be disqualified from further selection.

Final Selection

The final merit list and selection of candidates will be separate for each post of Assistant, Associate & Assistant Manager and will be done on the basis of combined marks of Online Examination and Interview strictly according to the merit ranking, subject to minimum qualifying marks in the Interview. The Company reserves the right to change the selection procedure, if necessary.

LIC HFL Notification 2023 – Syllabus

The LIC Housing Finance Limited (LIC HFL) syllabus encompasses a comprehensive range of topics designed to assess the knowledge and skills of candidates aspiring to work in the housing finance sector. We will provide you with a concise overview of the syllabus, covering key subjects and areas of focus.

Quantitative Aptitude/ Numerical Ability

• Simplification/Approximation
• Quadratic Equations
• Number Series (Wrong & Missing)
• Data Interpretation (Tabular, Pie Charts, Bar Graph, Caselets etc)
• Arithmetic Problems Based on Averages, Ages, Percentages, Ratio & Proportion, Time, Speed & Distance, Time & Work, Profit & Loss, Boats & Streams, Mixtures & Alligations
• Data Sufficiency again based on Averages, Ages, Percentages, Ratio & Proportion, Time, Speed & Distance, Time & Work, Profit & Loss, Boats & Streams, Mixtures & Alligations
• Mensuration and Number System
• Quantity Comparison
• Number System (Divisibility & Remainder, Multiples & Factors, Integers, LCM & HCF)
• Permutations & Combinations
• Probability

Logical Reasoning

• Alphabetical & Alphanumeric Series
• Analogy
• Analytical Reasoning & Critical Reasoning (Statement & Assumptions, Statement & Conclusion, Cause & Effect, Inference Based, Central Idea Based)
• Blood Relations
• Coding-Decoding
• Direction Sense
• Inequalities (Coded Inequalities, Mathematical Inequalities)
• Input-Output
• Order & Ranking
• Puzzles
• Seating Arrangement (Linear & Circular)
• Syllogisms

English Language

• Cloze Test
• Error Spotting (Grammar Based & Spelling Based)
• Fill in the Blanks (Single Fillers & Double Fillers)
• Find the Central idea of the Passage
• Find the Odd one Out (Sentence Based)
• Para jumbles/ Sentence Rearrangement
• Phrase Replacement
• Reading Comprehension (RCs)
• Sentence Correction (Grammar Based & Spelling Based)
• Vocabulary Based (Synonyms & Antonyms)

Current Affairs (National and International)

• Economy & Financial Affairs (Current & Static)
• Budget and Five Year Plans
• Sports
• Books and Authors
• Awards and Honors
• Abbreviations
• Important Days
• International and National Organizations
• Insurance Awareness
• Bancassurance, History- IRDA, Important Insurance Acts, Insurance Sector – Basics, Insurance Terms, Insurance Companies – Names, Headquarters, Taglines, etc, Insurance Abbreviations, Insurance Products and Plans, Government Schemes. Housing Finance Companies Related GA

We hope this blog gave you a better understanding of the LIC HFL Notification 2023. To read more such blogs, visit the Oliveboard website!

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LIC HFL Notification 2023 – Frequently Asked Questions