INSUBCONTINENT EXCLUSIVE:
LIC Housing Finance recruitment 2018: The company announced 150 vacancies for the position of assistantLIC Housing Finance (LICHFL) has
invited online applications for 300 positions across states
Selected candidates will be appointed for the positions of assistant, associate and assistant manager at a monthly salary ranging from Rs
22,257 to Rs 52,200, according to the housing finance company's website - lichousing.com
Candidates can submit their applications online through the LIC Housing Finance portal, lichousing.com
The selection process will comprise an online examination and an interview for all three positions.Here are 10 things to know about the
LICHFL recruitment 2018:1
Age requirement: The candidate must not be below 21 years and above 28 years as on January 1, 2018
That means the candidate's birth date should be between January 2, 1990 and January 1, 1997 (both dates inclusive).3
manager.For the positions of assistant and associate, the vacancies are spread across 23 states and Union territories including Delhi,
Haryana, Chandigarh, UP, Gujarat, Maharashtra, Madhya Pradesh, Bihar, West Bengal, Tamil Nadu and Puducherry
For these two positions, a candidate can allow from only one state
"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," according to LIC Housing Finance
In case of multiple registrations, only the latest valid registration will be counted.For the position of assistant manager, the posting may
be anywhere in the country based on the company's requirement.4
2018 with a minimum aggregate of 55 per cent and 60 per cent respectively, according to LICHFL
Candidates applying for the position of associate are also required to have passed the CA Intermediate examination.For those applying for
the position of assistant manager, a two-year full-time management degree or post-graduate diploma from a recognized university, institute
The candidate, LIC Housing Finance mentioned, must have an aggregate of 60 per cent in both graduation and post-graduation.5
registration of application6/9/2018Closure for editing application details6/9/2018Last date for printing your application21/09/2018Online
fee payment21/08/2018 to 06/09/2018(Source: lichousing.com)7
Salary/basic pay: LIC has announced a starting basic pay of Rs 13,980 for the position of assistant, Rs 21,270 for that of associate and Rs
32,815 for assistant manager
The monthly emoluments - Rs 22,257, Rs 33,498 and Rs 52,200 respectively - will depend on the location of posting, and will exclude benefits
such as lunch allowance, provident fund (PF), mediclaim, gratuity, leave travel concession (LTC) and performance-linked incentive, according
to LIC Housing Finance.PositionStarting basic payTotal emolumentsAssistantRs 13,980Rs
33,498Assistant managerRs
52,200(Source: lichousing.com)8
applicable, which may be extended for a maximum period of six months.For the position of assistant manager, before appointment, there will
be a training period of one year from the date of joining during which the candidate will be paid a salary of Rs
The appointment to the post of assistant manager will be subject to successful and satisfactory completion of the training period, according
There will be a probation period of one year from the date of appointment as assistant manager
are advised to take a printout of the system-generated online application form, LIC Housing Finance mentioned.
