LICHFL: LIC Housing Finance Limited is India’s one of the largest Housing Finance mortgage loan companies. Therefore, the company’s main purpose is to provide long-term financial loans for the purchase, construction, or repair of the property. LIC HFL was incorporated in 1989, under the Companies Act, 1956. It is a subsidiary of the Life Insurance Corporation of India (LIC). LIC HFL became public in 1994 and has its stock listed and traded on the National Stock Exchange (NSE) and Bombay Stock Exchange Limited (BSE).
LIC HFL is one of the important Insurance examinations. Hence, providing with career enhancement, professional and personal growth and, a great salary LIC HFL salary package.
LIC HFL Exam Date 2022: On the company’s official website, www.lichousing.com, the Housing Finance Ltd. (HFL) division of the Life Insurance Corporation of India (LIC) has published an announcement on the LIC HFL Recruitment 2022 for the positions of Assistant and Assistant Manager. LIC, which stands for Life Insurance Corporation, is the parent corporation of Housing Finance Limited, which is a subsidiary business. As a result of this recruitment drive, a combined total of 80 openings for the positions of Assistant and Assistant Manager need to be filled in different cities and towns around the nation. The LIC HFL Exam 2022 is planned to take place in the months of September and October in the year 2022. (tentative). Students who meet the requirements are encouraged to submit their applications to LIC Housing Finance Limited for the roles of Assistant and Assistant Manager. Check out the article for LIC HFL Recruitment 2022 for information on the eligibility criteria, notification, exam pattern, age restrictions, and other requirements for LIC HFL Assistant and Assistant Manager positions.
At the national level, the LIC HFL Recruitment 2022 will be conducting a search for candidates to fill 80 Assistant and Assistant Manager positions. The application period for the LIC HFL Recruitment 2022 will close on the 25th of August 2022. Let’s begin by going through the LIC HFL Recruitment 2022 in its entirety.
Overview of the exam: –
|Name of examination||LIC HFL Exam 2022|
|Organizing body||LIC Housing Finance Limited|
|Opening of posts||Assistants, Associates, and Assistant Manager|
|Job location||All Over India|
|Category||Central Government Job|
|Mode of examination||Online|
The selection of the candidates for the Associates and Assistants depends on the region-wise merit and the Assistant Manager is selected based on All-India merit.
The LIC HFL Recruitment Notification 2022 has been posted on the company’s official website, where it announces the availability of 80 positions at the Assistant and Assistant Manager levels and provides information on the application process. Candidates for the recruitment need to have a thorough understanding of the application process before submitting their information. Candidates may get more information about the LIC HFL Recruitment Notification by using the direct link that can be found further down this page for your convenience.
The LIC HFL Recruitment 2022 Notification has been rolled out conveying the important dates to apply for the post of LIC Assistant & Assistant Manager along with other important details.
|LIC HFL Recruitment Apply Online Start date||04th August 2022|
|LIC HFL Recruitment Apply Online Last date||25th August 2022|
|Call Letter Release Date||7 to 10 days before Exam Date|
|Online Examination for Assistant (tentative)||September/October 2022|
|Online Examination for Assistant Manager (tentative)||September/October 2022|
If you are applying for the LIC HFL exam you are required to pay a certain amount of fees for the application form. Therefore, below is the classification of the application fee amount to be paid for different posts. The Application fee is applicable to all candidates and non-refundable. Candidates can pay the requisite fee through the online mode till 25th August 2022.
|Assistant Manager||Rs. 800/-|
The GST of 18% will be charged on the application fees of Assistant, Assistant Manager, and Associate posts, and the only available mode to pay the fees is through online transactions via Debit/Credit card, Net banking, or mobile wallet options.
The eligibility criteria for the exam depend on the governing body. The vacancies, age limit, qualification, etc. Depends on the different governing bodies as per their requirements. You must check the given eligibility criteria for all three posts and keep track of the recent updates.
|ASSISTANT||Graduate (minimum aggregate 55% marks)/ Computer Skills|
|ASSOCIATE||Graduate (minimum aggregate 60% marks) / CA-Inter/ Computer Skills|
|ASSISTANT MANAGER||Graduate (minimum aggregate 60% marks) and 2 years full-time MBA /MMS/PGDBA/PGDBM/PGPM/PGDM from a reputed university. Long-distance or part-time learning will not be considered. / Computer Skills|
Before applying for the LIC HFL exam, you must keep in mind the important points:
Total 6 vacancies were released for the post of Associate by the LIC HFL Recruitment 2022 and the slots which were available in the years 2017, 2018, and 2019 are mentioned below:
The vacancies of each post depend upon the requirements of the firm and the organization doesn’t need new recruitments every year. So, it is better to check for the opening of different fields of your interest.
If you are interested to join the LIC HFL Assistant Manager and Management Trainee post-2022, you can refer to the available vacancies below:
|Web Content/Graphic Designer (Assistant Manager)||1|
|Mobile App Developer (Assistant Manager)||2|
|Database Administrator Engineer (Assistant Manager)||1|
|Database Developer (Assistant Manager)||2|
|Web Developer (Assistant Manager)||4|
|Information Security Engineer (Assistant Manager)||1|
If you want to apply for the LIC HFL Assistant Manager and Management Trainee vacancies for the year 2022 you just need to do your research on the requirements because both the posts require good technical knowledge as well as an IT background. If you have an IT background you can apply for the same otherwise, you must do the research.
The region-wise vacancies for the year 2019 are listed below for reference:
|North Central||Uttar Pradesh||13||19|
|South Eastern||Andhra Pradesh||7||12|
Region-wise vacancies for the year 2018:
The probation period for the LIC HFL is different for each post. Refer to the points given below:
The salary for each position is different. And it depends on the position and has a fixed remuneration for that post. The salary keeps on changing according to the performance as well as the experience.
Assistant- Starting base salary will be Rs. 22,730 per month in the range of Rs. 22730-1405(1) Rs. 24135-1540(2) Rs. 27215-1740(5) Rs. 35915-2020(2) Rs. 39955-2460(3) Rs. 47335-2570(2) Rs. 52475, together with any additional allowances that are allowed under the regulations. The total monthly salary would be about Rs. 33,960.
Assistant Manager: The initial basic salary, which is Rs. 53,620/- per month, is payable on the scale of Rs. 53,620-2770(14)-92400-2880(3)-101040, together with any additional permissible benefits. The total monthly salary would be about Rs. 80,110.
The LIC HFL Syllabus 2022 is divided into four sections:
LIC HFL is a national-level examination, therefore you must go through the syllabus for the preparation and check for the updates regularly.
Below is the list of topics under each section:
|Reasoning||Inequality, Coding-Decoding, Linear arrangement, Verbal reasoning.|
|Quantitative Aptitude||Ratio & proportion, Average, Time & Work, Algebra, Data Interpretation.|
|English Language||Grammar, Vocabulary, Fill in the blanks.|
|General Awareness||Current Affairs, Indian Banking System, Banking terms.|
The LIC HFL Exam is divided into 2 parts: The online written examination and the second part is Interview round. Your selection will depend on the clearing of both rounds. So, it is necessary to do thorough research for better knowledge and understanding of the exam pattern because it will make it easier for you when you will attempt the examination.
The question paper is a total of 200 marks and the time limit to complete the examination is 120 minutes. You will get 35 minutes for each section making it a total of two hours for you to complete the exam.
The LIC HFL Assistant Online Exam will be an objective type, multiple choice test with four sections and a two-hour total running time. English Language, General Awareness, Logical Reasoning, and Quantitative Aptitude/Numerical Ability/Professional Knowledge-make up the four areas of the LIC HFL Syllabus. Below is a list of the LIC HFL Recruitment Exam Pattern.
|Section||No. of questions||Maximum Marks||Duration|
|English Language||50||50 Marks||35 minutes|
|Logical Reasoning||50||50 Marks||35 minutes|
|General Awareness||50||50 Marks||15 minutes|
|Numerical Ability(For Assistant) Quantitative Aptitude(For Assistant Manager)||50||50 Marks||35 minutes|
|Total||200||200 Marks||120 minutes|
You will be issued an Admit card or Call letter separately for each round. The Admit Card can be downloaded from the official LIC HFL website by logging in using your Registration number and Date of Birth.
The declaration of results for the LIC HFL 2022 will be in 4 stages. So, you will need to clear all the stages to get selected for the post.
The stages of the selection process for LIC HFL recruitment 2022 are:
If you are interested to apply for the LIC HFL Examination. You can refer to the steps given below:
|Document||Required dimensions||Size of file|
|Photo||200×300 pixels||20 KB to 50 KB|
|Signature||140×60 pixels||10 KB to 20 KB|
|Left-thumb impression||240×240 pixels||20 KB to 50 KB|
|Handwritten declaration||800×400 pixels||50 KB to 100 KB|
You must submit the documents as per the specifications given by the governing body. Therefore, the documents must be up to date and the size of your files should not exceed the given limit. Your handwritten declaration should be framed properly on white paper with a blue or black ink pen.
Check Out Other Banking Exams :
Ans. No, the Assistant Manager in LIC HFL does not come under the Gazetted Officer Category.
Ans. The selection process is divided into 2 rounds, Written and Personal Interview rounds.
Ans. You must check for the release of official notification and if it’s already out. You can fill the application form on the official LIC HFL website.
Ans. You must be of 21 years of age if you want to apply for any post in LIC HFL.
Ans. The salary of the Assistant Manager ranges between 10 to 14 Lakhs Per Annum.
Ans. Firstly, LIC HFL is not a government or a private job and Secondly, the Life Insurance Corporation (LIC) is a parent company of LIC HFL. It is a quasi-govt firm.
Ans. The Application fees for the post of Assistant, Associate, and Assistant Manager is Rs 500/- each.
Ans. LIC HFL Assistant job role consists of for instance: –
Ans. You must be a Graduate (minimum aggregate 60% marks) and have completed 2 years full-time MBA /MMS/PGDBA/PGDBM/PGPM/PGDM from a reputed university. Therefore, Long-distance or part-time learning will not be considered. Computer skills are a must.
Ans. There is no age relaxation in LIC HFL. Hence, you must be of the specified age, ranging between 21 to 28 years old.