LIC HFL Notification 2019 Out : Apply Online Now

LIC HFL Notification 2019:

LIC Housing Finance Limited (HFL) has released the notification for the recruitment of multiple posts LIC Housing Finance Limited Assistant, Associate & Assistant Manager. The total number of vacancies of various disciplines are as follows. Candidates can check the official Notification from the mentioned below links:
  • Assistant – 125
  • Associate – 75
  • Assistant Manager – 100

LIC HFL Recruitment Age Limit:

The age limit for all the posts
For Assistant – 21-28 years
For Associate – 21-28 years
For Assistant Manager – 21-28 years

LIC HFL Recruitment Important Dates:

Start of online registration and payment of fees – 8th August 2019
End of online registration and payment of fees – 26th August 2019
Downloading of Call letters for Online Examination – 9th September 2019
Online Examination for Assistant (tentative) – 9th/10th October 2019
Online Examination for Associate (tentative) – 9th/10th October 2019
Online Examination for Assistant Manager (tentative) – 9th/10th October 2019

LIC HFL Recruitment Salary:

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.

LIC HFL Recruitment Selection Procedure:

1

LIC HFL Recruitment Online Examination:

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

2

The online examination will be separate for Assistant, Associate and Assistant Manager. It will be in English language only. There will be penalty 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. LIC HFL reserves the right to fix the minimum cut- off marks, section wise as well as on total in the online examination in order to finalize the number of candidates to be called for the Interview. The corrected scores obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method. Decision of the Company in this regard shall be final and binding on the candidates. No correspondence will be entertained in this regard.

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. 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. Shortlisting of candidates for interview will be provisional without verification of documents. Candidature will be subject to verification of all details/documents with the original when a candidate reports for interview (if called). In case a candidate is called for interview and is found not satisfying the eligibility criteria (Age, Educational Qualification, etc.) he/she will not be allowed to appear for the interview.

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