LIC HFL - 264 Assts. and Asst Mgr posts

LIC HFL ( LIC Housing Finance Ltd) has announced 164 Assistants and 100 Asst Manager posts. Good opportunity for all MBAs as for the post of Asst Managers, the min educational qualification is an MBA degree

Important Dates :

  • Start of online registration and payment of fees 24.08.2017
  • End of online registration and payment of fees 07.09.2017
  • Downloading of Call letters for Online Examination 26.09.2017
  • Online Examination (Assistant Manager) 10.10.2017 (tentative)
  • Online Examination (Assistant) 12.10.2017 (tentative)

Eligibility Criteria :

Eligibility Criteria Assistant Assistant Manager
Age – as on 01.07.2017 21 – 28 Years 21 – 28 Years
Educational Qualification – as on 01.07.2017 Graduation (minimum aggregate 60% marks) MBA in any discipline from a recognized university/ institute/ board (minimum aggregate 60% marks)
Computer Skills Yes Yes

Selection Procedure :

Assistant -- Online Examination and Interview
Assistant Manager -- Online Examination and Interview

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

Sr. No Section No of Qs Max Marks Duration (min)
1 English Language 50 50 35
2 Logical Reasoning 50 50 35
3 General Awareness 50 50 15
4 Numerical Ability 50 50 35
Total 200 200 120
  • The online examination will be separate for Assistant and Assistant Manager.
  • The online exam 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

Posting:

For Assistant:

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

For Assistant Manager: -- Posting may be anywhere in India based on the requirement of the Company

Remuneration:

Assistant: Total emoluments per month will be approximately Rs. 21,236/- (depends upon the place of posting) plus Sodexo Coupons, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules

.

Assistant Manager: Total emoluments per month will be approximately Rs. 49,805/- (depends upon the place of posting) plus Sodexo Coupons, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.

Probation Period:

Assistant: 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

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 Fee:

  • Assistant Rs. 500/-
  • Assistant Manager Rs. 500/-
  • GST @ 18% will be charged on Application Fee.