Online Video Course

LIC HFL Overview

Company NameLIC Housing Finance Limited (LIC HFL)
Year of Establishment1989
HeadquartersMumbai, India
Services OfferedHome loans, loan against property, balance transfer of existing home loans, and other related services
Number of BranchesOver 300
Number of EmployeesOver 10,000
Official Websitewww.lichousing.com

LIC HFL Application Fee

LIC HFL Apprenticeship Recruitment 2023: Application Fee 
Category Application Fee
General Category & OBCRs.944
SC, ST & Female CandidatesRs.708
PWBD CandidatesRs.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:

  1. HFL Online Examination
  2. Interview
  3. 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
SubjectsDurationNo of QuestionMax Marks
English Language35 Minutes50 each50 each
Logical Reasoning35 Minutes
General Awareness15 Minutes
Numerical Ability35 Minutes
Total120 Minutes200200

LIC HFL Syllabus

LIC HFL Syllabus 2024 for English

Topic

Expected Weightage

Reading Comprehension

10-12 Qs

Phrase Replacement

5-8 Qs

Error Spotting

10 Qs

Fill in the Blanks

5-10 Qs

Sentence Framing

10 Qs

Jumble Words

5 Qs

LIC HFL Syllabus 2024 for Logical Reasoning

Topic

Expected Weightage

Arrangement & Pattern

2-3 Qs

Series

1-2 Qs

Coding-Decoding

4-5 Qs

Direction and Distance

2-3 Qs

Blood Relation

2-3 Qs

Order and Ranking

3-5 Qs

Analytical Decision Making

4-5 Qs

Mathematical Inequalities

4-5 Qs

Coded Inequalities

4-5 Qs

Syllogism

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

Data Sufficiency

2-3 Qs

Verbal Reasoning

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 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
Payscale13980 – 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 scale21270 – 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 Scale32815 – 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)

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