LIC HFL Recruitment 2022

LIC HFL Recruitment 2022 โ€“ LIC Housing Finance Ltd has released the job notification for the post of Assistants & assistant Manager. There are 80 vacancies are to be filled for this posts. Interested candidates who are all eligible for this recruitment can apply on or before 25 August 2022. The educational qualification of the candidates must be Any Degree/MBA. The age limit of the candidates should be 21 to 28 years. The detailed eligibility criteria and LIC HFL application process are given below.

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LIC HFL Recruitment 2022:

Job RoleAssistant & Assistant manager
QualificationAny Degree/MBA
Total Vacancies80
ExperienceFreshers/Exp
SalaryRs:22730-53620/Month
Job LocationAcross India
Last Date25 August 2022
LIC HFL Recruitment 2022

Educational Qualification:

Assistant:

  • Graduate (minimum aggregate 55% marks)
  • Course completed through correspondence/ distance/part- time are not eligible.

Assistant Manager

DME

  • Graduate in any discipline with 50% marks or Post- graduate in any discipline.
  • MBA in marketing/finance will be given preference.
  • Experience: Completed 3 years as DME in LIC HFL as on 31.03.2022 and continuing as DME or marketing intermediary in LIC HFL.
  • DMEs have to upload โ€˜target achievement certificateโ€™ duly signed and approved by the Competent Authority of LIC HFL

Others

  • Graduate (minimum aggregate 60% marks) or Post-graduate in any discipline.
  • Course completed through correspondence/ distance/part- time are not eligible.

Probation Period:

  • Assistant: 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.

Age Limit (as on 01.01.2022):

  • Example: 21-28 years means โ€˜not below 21 years and not above 28 yearsโ€™ as on 01.01.2022 i.e. candidates must have been born not earlier than 02.01.1994 and not later than 01.01.2001 (both dates inclusive).

Total Vacancies: 80 Posts

  • Assistant-50 Posts
  • Assistant manager-30 Posts

Salary Details:

Assistant:

  • The starting basic pay of Rs.22,730/- per month in the scale of 22730-1405(1)-24135- 1540(2)-27215-1740(5)-35915-2020(2)-39955-2460(3)-47335-2570(2)-52475 and other admissible allowances as per rules shall be payable. Total emoluments per month will be approximately Rs.33,960/-   plus other benefits as per rules.

Assistant Manager:

  • The starting basic pay of Rs.53,620/- per month in the scale of 53620-2770(14)- 92400-2880(3)-101040 and other admissible allowances as per rules shall be payable. Total emoluments per month will be approximately Rs.80,110/- (depends upon the place of posting) plus  other benefits as per rules.

LIC HFL Recruitment 2022 SELECTION PROCEDURE:

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

Online Examination:

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

SectionNo of Questions/MarksTime Duration
English Knowledge50/5035 Min
Logical Reasoning50/5035 Min
General Awareness (with special emphasis Housing Finance Industry)50/5015 Min
Numerical Ability (For Assistant) Quantitative Aptitude (For Assistant Manager)50/5035 Min
Total200/200120 Minutes

Note: The online examination will be in English language only. There will be negative marking for wrong answers in the online examination. 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 as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is given by the candidate; there will be no penalty for that question.

To Apply for LIC HFL Recruitment 2022 : Click here

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