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LIC HFL Recruitment 2019 – 300 Vacancies Out

LIC HFL Recruitment 2019

LIC Housing Finance Ltd. has invited Online Applications from eligible candidates who must be an Indian Citizen for selection and appointment as Assistant/Associate/Assistant Manager. Read along to check details of LIC HFL Recruitment 2019:

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LIC HFL Recruitment 2019

Important Dates

No. Activity Date
1 Start of online registration and payment of fees 08.08.2019
2 End of online registration and payment of fees 26.08.2019
3 Downloading of Call letters for Online Examination 09.09.2019
 

 

4

Online Examination for Assistant (tentative) 09.10.2019 or

10.10.2019

Online Examination for Associate (tentative) 09.10.2019 or

10.10.2019

Online Examination for Assistant Manager (tentative) 09.10.2019 or

10.10.2019

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LIC HFL Application Fee

Post Application Fee
Assistant Rs. 500/-
Associate Rs. 500/-
Assistant Manager Rs. 500/-

Imp: Click Here to Apply Online for LIC HFL

LIC HFL Eligibility Criteria 2019

Eligibility Criteria

Assistant Associate

Assistant Manager

Nationality Indian Indian Indian
Age (as on 01.01.2019) 21-28 years 21-28 years 21-28 years
Educational Qualification

(as on 01.01.2019)

Graduate (minimum aggregate 55% marks) Graduate (minimum aggregate 60% marks)
AND
CA-Inter

Graduate (minimum aggregate 60% marks) AND
Two years full time MBA/ Two years full time MMS/ Two years full time PGDBA/ PGDBM/PGPM/PGDM in any discipline from a recognized university/ institute/ board (minimum aggregate 60% marks).
Course completed through correspondence/part-time are not eligible.

Computer Skills Yes Yes Yes

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LIC HFL Vacancies 2019

LIC Housing Finance Ltd. has announced 300 vacancies for the post of Assistant, Associate and Assistant Managers. Read more about it here.

Region State/Union Territory covered under Region Assistant Associate Assistant Manager
Central Chhattisgarh 10 7  

 

 

 

 

 

 

 

 

 

 

 

 

100

Madhya Pradesh
 

East Central

Bihar  

10

 

5

Jharkhand
Odisha
 

Eastern

Assam  

14

 

8

Sikkim
Tripura
West Bengal
North Central Uttar Pradesh 19 13
Uttarakhand
 

 

Northern

Delhi  

 

5

 

 

4

Haryana
Himachal Pradesh
Punjab
Rajasthan
Chandigarh
South Central Karnataka 11 7
South Eastern Andhra Pradesh 12 7
Telangana
 

Southern

Kerala  

20

 

12

Puducherry
Tamil Nadu
 

Western

Goa  

24

 

12

Gujarat
Maharashtra
TOTAL 125 75 100

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LIC HFL Selection Procedure

Name of the Post Selection Procedure
Assistant Online Examination and Interview
Associate Online Examination and Interview
Assistant Manager Online Examination and Interview

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LIC HFL Exam Pattern 2019

Online examination will be of objective type, multiple choice of total two hours duration comprising the following sections:

Sr.

No.

Section No. of questions Maximum Marks Duration
1 English Language 50 50 35 minutes
2 Logical Reasoning 50 50 35 minutes
3 General Awareness 50 50 15 minutes
 

 

4

Numerical Ability 
(For Assistant & Associate)
Quantitative Aptitude
(For Assistant Manager)
 

 

50

 

 

50

 

 

35 minutes

Total 200 200 120 minutes
  • The online examination will be separate for Assistant, Associate and Assistant Manager.
  • It will be in English language only.
  • For every wrong answer to a question given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted.

Interview

Depending upon the number of vacancies, only those 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 interview.

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Apply Online By Clicking Here

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. 

Medical Examination: Selected candidate will have to undergo Medical Examination and will be appointed as Assistant/Associate/Assistant Manager subject to him/her being found medically fit by the Medical Examiner authorized by LIC HFL for this purpose.

Probation

Assistant/ Associate: 6 months from the date of joining which may be extended for a maximum period of 6 months.

Assistant Manager: Before appointment as Assistant Manager, there will be a training period of 1 year as Management Trainee from the date of joining. A consolidated salary of Rs.25,000/- per month will be paid during this training period. The appointment to the post of Assistant Manager will be subject to successful and satisfactory completion of the training period. There will be a probation period of 1 year from the date of appointment as Assistant Manager which may be extended for a maximum period of 1 year.

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LIC HFL Salary 2019

Assistant

Basic pay: Rs. 13,980/- per month
Payscale13980 – 860(1) – 14840 – 940(2) – 16720 – 1060(5) – 22020 – 1230(2) – 24480 – 1500(3) – 28980 –1565(2) – 32110

Total Emoluments per month: Approximately Rs. 23,870/- (depends upon the place of posting)

Allowances: Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.

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Associate:

Basic pay:  Rs. 21,270/- per month

Pay scale21270 – 1485(3) – 25725 – 1665(15) – 50700 and other admissible allowances as per rules shall be payable.

Total Emoluments per month: Approximately Rs. 35,960/- (depends upon the place of posting)

Allowances: Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.

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Assistant Manager

Basic Pay: Rs. 32,815/- per month

Pay Scale32815 – 1685(14) – 56405 – 1755(3) – 61670 and other admissible allowances as per rules shall be payable.

Total Emoluments per month: Approximately Rs. 56,000/- (depends upon the place of posting)

Allowances: Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.

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