LIC HFL Overview
| Company Name | LIC Housing Finance Limited (LIC HFL) |
|---|---|
| Year of Establishment | 1989 |
| Headquarters | Mumbai, India |
| Services Offered | Home loans, loan against property, balance transfer of existing home loans, and other related services |
| Number of Branches | Over 300 |
| Number of Employees | Over 10,000 |
| Official Website | www.lichousing.com |
LIC HFL Application Fee
| LIC HFL Apprenticeship Recruitment 2023: Application Fee | |
| Category | Application Fee |
| General Category & OBC | Rs.944 |
| SC, ST & Female Candidates | Rs.708 |
| PWBD Candidates | Rs.472 |
LIC HFL Age Limit
Candidates appearing for the LIC HFL examination 2024 should be at least 21 years of age as of 1st January 2024. The upper age limit for various posts is given below:-
LIC HFL Age Eligibility Criteria 2024 | |
Post | Upper Age Limit |
Assistant | 28 |
Assistant Manager (Others) | 28 |
Assistant Manager (DME) | 40 |
LIC HFL Educational Qualification
The applicant must be an Indian citizen with permanent residency status. To apply for the LIC HFL exam 2024, candidates must have the following LIC HFL minimum education qualification 2024 for Assistant/ Assistant Manager posts as given below:-
LIC HFL Educational Qualification Eligibility Criteria 2024 | |||
Eligibility Criteria |
Assistant | Assistant Manager | |
Others | DME | ||
Educational Qualification (as on 01.01.2024) | Graduate (minimum aggregate 55% marks) Courses completed through correspondence/ distance/part-time are not eligible. | Graduate (minimum aggregate 60% marks) Or Postgraduate in any discipline. Courses completed through correspondence/ distance/part-time are not eligible. | Graduate in any discipline with 50% marks or Post- graduate in any discipline. MBA in marketing/finance will be given preference. |
Work Experience | – | – | Completed 3 years as DME in LIC HFL as on 31.03.2024 and continuing as DME or marketing intermediary in LIC HFL. Achievement of minimum business targets (monthly/ quarterly/yearly) as decided by the Company during the initial three years of appointment as DME. The achievement of the business target will be verified by the Company and only eligible candidates will be allowed for the further process of recruitment. The decision of the Company will be final in this regard. |
Computer Skills | Yes | Yes | Yes |
LIC HFL EXAM PATTERN
LIC HFL recruitment exam is conducted in three-phase:
- HFL Online Examination
- Interview
- Medical test
The LIC HFL exam pattern for Assistant, Associate, and Assistant Manager posts are the same, just the level of difficulty varies according to the post.
LIC HFL online exam
- LIC HFL recruitment exam is an objective type paper with multiple-choice questions in English language only. Candidates are given 2 hours time to complete the exam.
- Separate exams are conducted for Assistant, Associate, and Assistant Manager posts.
- There is a negative marking for every wrong attempt. Candidates lose 0.25 marks for each wrong answer.
- No penalty or negative marking is done for any question that is left blank.
The LIC HFL exam pattern for all the posts are the same, just the level of difficulty varies according to the post.
| LIC HFL exam pattern | |||
| Subjects | Duration | No of Question | Max Marks |
| English Language | 35 Minutes | 50 each | 50 each |
| Logical Reasoning | 35 Minutes | ||
| General Awareness | 15 Minutes | ||
| Numerical Ability | 35 Minutes | ||
| Total | 120 Minutes | 200 | 200 |
LIC HFL Syllabus
LIC HFL Syllabus 2024 for English | |
Topic | Expected Weightage |
10-12 Qs | |
Phrase Replacement | 5-8 Qs |
10 Qs | |
Fill in the Blanks | 5-10 Qs |
10 Qs | |
5 Qs | |
LIC HFL Syllabus 2024 for Logical Reasoning | |
Topic | Expected Weightage |
Arrangement & Pattern | 2-3 Qs |
Series | 1-2 Qs |
4-5 Qs | |
2-3 Qs | |
2-3 Qs | |
3-5 Qs | |
Analytical Decision Making | 4-5 Qs |
Mathematical Inequalities | 4-5 Qs |
4-5 Qs | |
3-5 Qs | |
Input-Output | 4-5 Qs |
Seating Arrangement | 8-10 Qs |
Floor Puzzle | 4-5 Qs |
Double Line up | 4-5 Qs |
Scheduling | 4-5 Qs |
2-3 Qs | |
3-5 Qs | |
LIC HFL Syllabus 2024 for General Awareness | |
Topic | Expected Weightage |
Financial Banking/Awareness | 10-12 Qs |
Current Affairs | 30-35 Qs |
Static GK | 3-4 Qs |
LIC HFL Syllabus 2024 for Numerical Ability | |
Topic | Expected Weightage |
15-20 Qs | |
1-2 Qs | |
1-2 Qs | |
1-2 Qs | |
1-2 Qs | |
1 Q | |
1-2 Qs | |
1-2 Qs | |
1-2 Qs | |
1-2 Qs | |
1-2 Qs | |
1-2 Qs | |
1 Q | |
5-10 Qs | |
3-5 Qs | |
5 Qs | |
LIC HFL Cut off
LIC HFL Cut Off 2022: LIC HFL notification for 2022 is out with 80 vacancies. The application process have started on 4th August 2022 and will last till 24th August 2022. Interested and eligible candidates can start filling the application form. We are sure that students and aspirants who are awaiting LIC HFL Notification 2022, must be eagerly looking for the LIC HFL cut off. You thought of it, and here we are with the LIC HFL Cut Off. Without any delay, let’s get started.
The LIC HFL Cutoff will be released soon after the result. We will keep you updated through this article about the LIC HFL Cutoff 2022. Keep checking this space for LIC HFL Cutoff. The LIC HFL Cutoff 2022 will depend on the following factors.
- Exam-Level
- Number of Vacancies
- Number of Applicants
LIC HFL Salary and Benefits
We have mentioned below the detailed salary structure for each post of the LIC HFL Recruitment 2023.
LIC HFL Assistant Salary
Basic pay: Rs. 13,980/- per month
Payscale: 13980 – 860(1) – 14840 – 940(2) – 16720 – 1060(5) – 22020 – 1230(2) – 24480 – 1500(3) – 28980 –1565(2) – 32110
Total Emoluments per month: Approximately Rs. 23,870/- (depends upon the place of posting)
LIC HFL Associate Salary
Basic pay: Rs. 21,270/- per month
Pay scale: 21270 – 1485(3) – 25725 – 1665(15) – 50700 and other admissible allowances as per rules shall be payable.
Total Emoluments per month: Approximately Rs. 35,960/- (depends upon the place of posting)
LIC HFL Assistant Manager
Basic Pay: Rs. 32,815/- per month
Pay Scale: 32815 – 1685(14) – 56405 – 1755(3) – 61670 and other admissible allowances as per rules shall be payable.
Total Emoluments per month: Approximately Rs. 56,000/- (depends upon the place of posting)