LIC HFL – Assistant, Associate & Assistant Manager Recruitment 2019 – 300 Vacancies

Dear Aspirants,

LIC (Life Insurance Corporation of India) Housing Finance Limited has released the official notification for the post of Appointment of Assistant, Associate &Assistant Manager.

The Total Number of Vacancies available for all the posts in LIC HFL Recruitment 2019 is 300.

Vacancies – LIC HFL Recruitment 2019

• Assistant – 125 Vacancies
• Associates – 75 Vacancies
• Assistant Manager – 100 Vacancies

Important Dates – LIC HFL Recruitment 2019

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.

For Assistant/Associate:

• Candidates are allowed to apply for vacancy from only one region.
• The centre of online examination for the post of Assistant/Associate will be restricted to the region opted by the candidate.
• In case of multiple registrations, only latest valid registration will be kept valid.
• Candidates applying for a particular region will be posted preferably in that region subject to the requirement and suitability.

For Assistant Manager:

• Posting may be anywhere in India based on the requirement of the Company.

Eligibility Criteria – LIC HFL Recruitment 2019

Assistant

Age Limit:

Minimum Age : 21 years

Maximum Age: 28 Years

Educational Qualification:

Graduate (minimum aggregate 55% marks)

Computer Skills: Yes

Associate

Age Limit:

Minimum Age : 21 years

Maximum Age: 28 Years

Educational Qualification:

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

Computer Skills: Yes

Assistant Manager

Age Limit:

Minimum Age : 21 years

Maximum Age: 28 Years

Educational Qualification:

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

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).

All the educational qualifications mentioned should be from a University/ Institute/Board recognised by Govt. of India/approved by Govt. Regulatory Bodies and the final result should have been declared on or before 01.01.2019.

Remuneration & Scale of Pay – LIC HFL Recruitment 2019

Assistant:

Basic Pay: Rs.13,890/-

Total Emoluments: Rs.23,870/- (Along with (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:

Basic Pay: Rs.21,270

Total Emolument: 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:

Basic Pay: Rs.32,815

Total Emolument: 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).

Probation Period – LIC HFL Recruitment 2019

Associate/Assistant: 6 Months (can be extended for a period of 6 Months)

Assistant Manager: Training Period : 1 year

During Training Period Rs.25,000 / Month will be paid.

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.

 LIC HFL Selection Procedure

LIC HFL Exam Pattern 2019

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

• 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.

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.

LIC HFL Application Fee

Aspirants can check the official notification of the LIC HFL 2019 – Assistant, Associate & Assistant Manager Recruitment 2019 from the link that is mentioned below or from the official website of LIC HFL. 

LIC HFL 2019 – Official Notification 

Application Link – LIC HFL 2019

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