LIC HFL Recruitment For Assistants, Associates & Assistant Managers

About LIC HFL:-

LIC Housing FinanceΒ Limited (LIC HFL) is one of the largest housing financeΒ (mortgage loan) companies in India having its Registered and Corporate office at Mumbai. LIFE INSURANCE CORPORATION OF INDIA holds founder, promoter & controller status inΒ LIC HFLΒ Company since Year 1989. LIC HFL is associate/subsidiary company of LIC OF INDIA

Webiste:- www.lichousing.com

Job Positions:- Β Assistant/ Associate/ Assistant Manager

Recruitment for the post of Assistant and Associate is based on region-wise merit and Recruitment for the post of Assistant Manager is based on All-India merit.

Note: Candidates can apply for only one post.

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For Assistant/Associate:-

β€’ Candidates are allowed to apply for vacancy from only one region.

β€’ The centre of online examination for the post of Assistant/Associate will be restricted to the region opted by the candidate.

β€’ In case of multiple registrations, only latest valid registration will be kept valid.

β€’ Candidates applying for a particular region will be posted preferably in that region subject to the requirement and suitability.

For Assistant Manager:

β€’ Posting may be anywhere in India based on the requirement of the Company

Eligibility Criteria:

For Assistant:

  • Graduate (minimum aggregate 55% marks)
  • Computer skills

For Associate:

  • Graduate (minimum aggregate 60% marks) and CA-Inter
  • Computer skills

For Assistant Manager:

  • 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 recognised university/ institute/ Board (minimum aggregate 60% marks). Course completed through correspondence/ part-time are not eligible.
  • Computer skills

Age Limit:Β 21-28 years as on 01-01-2019

Age Limit (as on 01.01.2019): Not below 21 years and not above 28 years as on 01.01.2019 i.e. candidates must have been born not earlier than 02.01.1991 and not later than 01.01.1998 (both dates inclusive).

Total of Vacancies: 300

  • For Assistant: 125 posts
  • For Associate: 75 posts
  • For Assistant Manager: 100 posts

REMUNERATION:

Assistant:- The starting basic pay of Rs. 13,980/- per month in the scale of 13980 – 860(1) – 14840 – 940(2) – 16720 – 1060(5) – 22020 – 1230(2) – 24480 – 1500(3) – 28980 – 1565(2) – 32110 and other admissible allowances as per rules shall be payable. Total emoluments per month will be approximately Rs. 23,870/- (depends upon the place of posting) plus Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.

Associate:-The starting basic pay of Rs. 21,270/- per month in the scale of 21270 – 1485(3) – 25725 – 1665(15) – 50700 and other admissible allowances as per rules shall be payable. Total emoluments per month will be approximately Rs. 35,960/- (depends upon the place of posting) plus Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.

Assistant Manager:– The starting basic pay of Rs. 32,815/- per month in the scale of 32815 – 1685(14) – 56405 – 1755(3) – 61670 and other admissible allowances as per rules shall be payable. Total emoluments per month will be approximately Rs. 56,000/- (depends upon the place of posting) plus 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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SELECTION PROCEDURE:

  • The recruitment process is based on the Online Examination and Interview
  • Online examination will be objective type of multiple-choice
  • The total duration of the examination will be 2 hours

Online Examination Scheme:

S.NoSection No. of
questions
Maximum
Marks
 Duration
1English Language505035 minutes
2Logical Reasoning505035 minutes
3General Awareness505015 minutes
4Numerical Ability (For Assistant & Associate)
Quantitative Aptitude (For Assistant Manager)
505035 minutes
                Total200200120 minutes

Application Fee:- Rs.500/-

For Official Notification :- Click Here

Application Link:- Click Here

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