LIC Housing Finance Recruitment

LIC Housing Finance Recruitment 2019 – Apply Online for 300 Asst, Associate & AM Posts at www.lichousing.com

LIC Housing Finance Recruitment 300 Asst, Associate & AM Posts Available

LIC Housing Finance recruitment 2019 notification out! LIC has invited online applications for a total of 300 vacancies for AssistantAssistant Manager, & Associates posts. The online application for LIC HFL recruitment 2019 will begin on 8th August 2019. The last date for submission of online applications is 26th August 2019.

Check out LIC HFL exam date, post-wise vacancies, eligibility criteria, selection process, exam pattern, & official LIC HFL notification 2019.

Important Highlight: LIC HFL recruitment

Organization Name LIC Housing Finance Limited
No. of Vacancies 300 Posts
Name Of Posts Asst, Associate & Asst Manager vacancies
Starting Date to Apply Online 08-08-2019
Last Date to Apply Online 26-08-2019
LIC Housing Finance Recruitment Official Notification VIEW HERE
Official Website www.lichousing.com

LIC Housing Finance Posts and vacancies:

Name of the Post

Total Vacancies

Assistant

125

Assistant Manager

100

Associate

75

LIC Housing Finance Recruitment 2019: Important Dates

Name of Event Important Date
Commencement of LIC HFL Online Application 8th August 2019
Closure of LIC HFL apply online and payment of fees 26th August 2019
Downloading of LIC HFL Admit Card 9th September 2019
LIC HFL Exam Date 2019 9th Oct or 10th Oct 2019 (Tentative)
LIC HFL Assistant Manager Exam Date 2019 9th Oct or 10th Oct 2019 (Tentative)
LIC HFL Assistant Exam Date 2019 9th Oct or 10th Oct 2019 (Tentative)
LIC HFL Associate Exam Date 2019 9th Oct or 10th Oct 2019 (Tentative)

LIC Housing Finance Eligibility Criteria:

Eligibility Criteria for LIC HFL Assistant Manager 2019

  • As on 01/01/2019, the minimum and maximum age of the candidates should be 21-28 years respectively. This means candidates must have been born not earlier than 02.01.1991 and not later than 01.01.1998 (both dates inclusive).
  • Candidate must be a Graduate with 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 with minimum aggregate 60% marks.
  • Course completed through correspondence/part-time are not eligible.
  • Candidates should possess requisite Computer skills.
  • Candidates are allowed to apply for the vacancy from only one state.

Eligibility Criteria for LIC HFL Associate 2019

  • The minimum and maximum age as on 01/01/2019 are 21 and 28 years respectively.
  • Candidates should have Graduation (minimum aggregate 60% marks) and CA-Inter.
  • Candidates should also have the necessary computer skills.

Eligibility Criteria for LIC HFL Assistant 2019

  • The minimum and maximum age as on 01/01/2019 are 21 and 28 years respectively.
  • Candidates should have Graduation with a minimum aggregate of 55% marks.
  • Candidates should also have the necessary computer skills.

LIC Housing Finance Pay Scale:

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 Housing Finance Selection Process:

For all the three posts i.e. Associate, Assitant and Assistant Manager, LIC HFL would follow the 2 Phase selection process which is mentioned below –

1. Phase 1 involves an online test.
2. The second phase of recruitment is Interview.

Online Exam Pattern : 

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

 Section No. of Questions/ Maximum Marks  Time Duration 
1. English Language 50/ 50 35 minutes
2. Logical Reasoning 50/ 50 35 minutes
3. General Awareness 50/ 50 15 minutes
4. Numerical Ability (For Assistant & Associate) Quantitative Aptitude (For Assistant Manager) 50/ 50 35 minutes
 Total 200/ 200  120 minutes 
  • 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.

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. The Company reserves the right to change the selection procedure, if necessary.

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 Assistant & Assistant Manager Application Fees

Name of post Application Fees
Associate Rs. 500/- + 18% GST applicable
Assistant Rs. 500/- + 18% GST applicable
Assistant Manager Rs. 500/- + 18% GST applicable

The above fee is applicable to all candidates and non-refundable. Candidates should pay the requisite fee through the online mode only. Applicants have to bear the transaction charges as applicable for online payment.

How to Apply for LIC Housing Finance Recruitment 2019

Eligible candidates may apply online through website www.lichousing.com on or before 26-08-2019.

Instructions to Apply Online:
1. Before applying to online candidates should have valid mail id & password and scanned photo.
2. Log on to the website www.lichousing.com.
3. Click on “Careers”.
4. Select the desired Post and Click on “Click here to apply”.
5. Fill all the details carefully & Submit the form.
6. Take print out of online application for future use.

Important Link for LIC Housing Finance Recruitment

Apply Online Click Here
Notification Click Here
Official Website Click Here