LIC Housing Finance Limited invites application from eligible candidates who must be an Indian
Citizen for selection and appointment as Assistants, Associates & Assistant Managers.
Posts Name: Assistants, Associates & Assistant Managers
Number Of Posts: Assistants-100 , Associates-50 & Assistant Managers-100. Total 300 Posts.
Start of online registration and payment of fees 21.08.2018
End of online registration and payment of fees 06.09.2018
Downloading of Call letters for Online Examination 24.09.2018
Online Examination for Assistant (tentative) 06.10.2018 or 07.10.2018
Online Examination for Associate (tentative) 06.10.2018 or 07.10.2018
Online Examination for Assistant Manager (tentative) 06.10.2018 or 07.10.2018
Educational Qualification(as on 01.01.2018)
Assistant: Graduate (minimum aggregate 55% marks)
Associate: Graduate (minimum aggregate 60% marks) and CA-Inter
Assistant Manager: 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.
State Wise Jobs Chart(Only one person apply for one state)
Age Limit: (as on 01.01.2018): Not below 21 years and not above 28 years as on
01.01.2018 i.e. candidates must have been born not earlier than 02.01.1990 and not
later than 01.01.1997 (both dates inclusive).
Selection Procedure: Online Examination and Interview
HOW TO APPLY: Candidates are necessarily required to apply Online through LIC HFL’s website
(www.lichousing.com) under the heading “Careers”. No other means/mode of
applications will be accepted.
Application Fees: Rs. 500 (GST @ 18% will be charged on Application Fee). MODE OF PAYMENT: Payment of Application Fee via ONLINE MODE: Candidates have to pay the Application Fee through ONLINE MODE only.
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. 22,257/- (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. 33,498/- (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. 52,200/- (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:
Assistant/Associate: 6 months from the date of joining which may be extended for a maximum period of 6 months.
Assistant Manager: Before appointment as Assistant Manager, there will be a training period of 1 year as Management Trainee from the date of joining. A consolidated salary of Rs. 25,000/- per month will be paid during this training period.