LIC HFL Assistant LIC HFL Assistant Exam

LIC HFL Assistant: A Career in Housing Finance

The LIC Housing Finance Limited (LIC HFL) Assistant exam is a significant opportunity for graduates to start a career in one of India's largest housing finance companies. As an Assistant, you will be at the forefront of customer service and administrative operations, playing a vital role in the company's functioning. This position offers a secure work environment, a competitive salary, and a clear path for career advancement within the LIC HFL ecosystem. It is an excellent entry-point for those looking to build a career in the financial services and housing loan sector, combining customer interaction with back-office responsibilities.

Salary, Job Profile, and Career Growth for LIC HFL Assistant

A role as an LIC HFL Assistant comes with an attractive salary package and promising career prospects.

Salary and Emoluments: The basic pay for an Assistant is ₹22,730 per month in the scale of 22730-1405(1)-24135-1540(2)-27215-1755(5)-35990-2010(2)-40010-2330(3)-47000-2555(2)-52110. The total starting emoluments per month are approximately ₹33,960. In addition to the basic pay, Assistants are eligible for various benefits such as:

• Lunch Allowance
• Provident Fund (PF)
• Gratuity
• Leave Travel Concession (LTC)
• Medical Benefits

Job Profile: The role involves a mix of tasks including handling customer queries, processing loan applications, managing documentation, and performing other clerical and administrative duties as assigned.

Career Progression: LIC HFL offers excellent growth opportunities for its employees. An Assistant can be promoted to higher cadres like Assistant Manager and beyond, based on their performance, experience, and by clearing internal promotional exams. This provides a clear and structured path for career advancement within the organization.

LIC HFL Assistant Selection Process & Eligibility

The selection for the post of Assistant at LIC HFL is conducted through a single-stage online examination followed by a medical examination.

• Online Examination: This is a computer-based test designed to assess the candidate's aptitude and knowledge. It consists of 200 multiple-choice questions from four sections: English Language, Logical Reasoning, General Awareness, and Numerical Ability. The duration of the exam is 120 minutes.
• Medical Examination: Candidates who are shortlisted based on their performance in the online examination will have to undergo a medical examination before the final appointment.

Key Eligibility Criteria

• Nationality: Must be a citizen of India.
• Education: A Bachelor's Degree in any discipline from a recognized university with a minimum aggregate of 55% marks is required.
• Age Limit: The age of the candidate should be between 21 and 28 years. Age relaxation is applicable for reserved categories as per government guidelines.

How to Apply for the LIC HFL Assistant Exam

The application process for LIC HFL Assistant is conducted online. Candidates should follow these steps to apply:

1. Visit the Official Website: Go to the official website of LIC Housing Finance Limited at www.lichousing.com and open the "Careers" page.
2. Find the Recruitment Notification: Look for the advertisement for the "Recruitment of Assistants" and click on the link to apply online.
3. New Registration: Register by providing your basic information like name, contact number, and email ID. A provisional registration number and password will be sent to your registered email and mobile number.
4. Fill the Application Form: Log in with your credentials and fill out the online application form with all the required details.
5. Upload Documents: Scan and upload your photograph and signature as per the specified dimensions and format.
6. Fee Payment: Pay the application fee online through the available payment gateways. The fee is typically non-refundable.
7. Final Submission: Before final submission, carefully review all the details entered in the application form. After submission, take a printout of the application form and the e-receipt for your records.