Banking/Insurance Jobs Government Jobs Job Notifications Jobs @ Kerala Latest Updates

LIC HFL Recruitment 2022 for Assistant & Assistant Manager | 80 Posts

Last Date: 25 August 2022

LIC HFL Recruitment 2022 – 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;

About LIC Housing Finance Limited (LIC HFL) : It is one of the largest housing finance companies in India and it has its registered and corporate office at Mumbai. It is an associate/subsidiary company of LIC of India. The main objective of LIC HFL is to provide long term finance to individuals for the purpose of purchase or construction of the house or flat for residential purpose/ repair and renovation of existing flat/ houses. It was incorporated on 19 June 1989. It has nine regional offices, 23 back offices and 273 marketing offices Across India.

Table of Contents

LIC HFL Recruitment 2022 for Assistant & Assistant Manager:

Job Summary
Job Role	Assistant & Assistant manager
Qualification	Any Degree/MBA
Total Vacancies	80
Experience	Freshers/Experience
Salary	Rs.22,730/- to Rs.53620/- per Month
Job Location	Across India
Last Date	25 August 2022

[the_ad id=”13011″]

Detailed Eligibility:

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 ‘target achievement certificate’ 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 ‘not below 21 years and not above 28 years’ 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

[the_ad id=”13010″]

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 Selection Process:

The selection process based on online examination and interview for Assistant Manager(DME) work experience will be considered.

Online Examination:

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

Section	No of Questions/Marks	Time Duration
English Knowledge	50/50	35 Min
Logical Reasoning	50/50	35 Min
General Awareness (with special emphasis Housing Finance Industry)	50/50	15 Min
Numerical Ability (For Assistant) Quantitative Aptitude (For Assistant Manager)	50/50	35 Min
Total	200/200	120 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.

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 will be called for 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.

Application Fees: