The LIC Housing Finance Limited (LIC HFL) has announced the recruitment of Junior Assistants for 2024. This is a fantastic opportunity for those looking to start a career in a prestigious financial institution. In this blog post, we will cover all the essential details, including the application process, eligibility criteria, selection procedure, and other important information.
Introduction:
The LIC Housing Finance Limited (LIC HFL) has opened its doors for recruitment in 2024, inviting applications from eligible Indian citizens for the position of Junior Assistant. This is a prime opportunity for individuals looking to build a stable and rewarding career in one of India’s leading housing finance companies. With a total of 200 vacancies spread across various states, LIC HFL is seeking dedicated and talented individuals to join their team. This blog post will provide comprehensive details about the recruitment process, eligibility criteria, job responsibilities, important dates, and application procedures, helping prospective candidates navigate their way towards a successful application.
Overview of Vacancies:
LIC HFL has released state-wise vacancies for the position of Junior Assistant:
| State | Number of Vacancies |
|---|---|
| Andhra Pradesh | 12 |
| Assam | 5 |
| Chhattisgarh | 6 |
| Gujarat | 5 |
| Himachal Pradesh | 3 |
| Jammu And Kashmir | 1 |
| Karnataka | 38 |
| Madhya Pradesh | 12 |
| Maharashtra | 53 |
| Puducherry | 1 |
| Sikkim | 1 |
| Tamil Nadu | 10 |
| Telangana | 31 |
| Uttar Pradesh | 17 |
| West Bengal | 5 |
| Total | 200 |
The recruitment is based on state-wise vacancy and merit, and the total number of vacancies may change depending on the actual availability at the time of selection.
Job Responsibilities:
The role of a Junior Assistant involves various tasks, including:
- Loan processing and document management
- Data entry and customer follow-ups
- Customer service and cash counter management
- Basic marketing activities related to the business
Important Dates:
The key dates for the recruitment process are:
| Activity | Date |
|---|---|
| Start of online registration and payment of fees | 25.07.2024 |
| End of online registration and payment of fees | 14.08.2024 |
| Downloading of Call letters for Online Examination | 7 to 14 days before the exam |
| Online Examination (Junior Assistant) (tentative) | September 2024 |
Candidates are advised to regularly check the official LIC HFL website for updates.
Salary and Benefits:
The salary structure for Junior Assistants is as follows:
| City Category | Basic Pay | HRA | Other Benefits | PF – Company contribution | Total Monthly | Annual Salary | In-hand Monthly (Excluding applicable Taxes) |
|---|---|---|---|---|---|---|---|
| I | 20,000.00 | 4,400.00 | 8,400.00 | 2,400.00 | 35,200.00 | 4,22,400.00 | 32,800.00 |
| II | 20,000.00 | 3,600.00 | 7,600.00 | 2,400.00 | 33,600.00 | 4,03,200.00 | 31,200.00 |
| III | 20,000.00 | 3,000.00 | 7,000.00 | 2,400.00 | 32,400.00 | 3,88,800.00 | 30,000.00 |
Additional benefits include Mediclaim, Gratuity, Group Insurance Scheme, Housing Loan, and Performance Linked Incentive as per company rules. Annual increments up to 10% based on performance are also provided.
Probation Period:
Newly appointed Junior Assistants will be on probation for six months from the date of joining, which may be extended as per rules.
Eligibility Criteria:
Nationality
- Candidates must be Indian citizens.
Age (as on 01.07.2024)
- Minimum age: 21 years
- Maximum age: 28 years
- Candidates must have been born between 02.07.1996 and 01.07.2003.
Educational Qualification (as on 01.07.2024)
- Graduate (minimum aggregate 60% marks) from a recognized university.
- Courses completed through correspondence/distance/part-time are not eligible.
Computer Literacy
- Candidates must have operating and working knowledge of computer systems, supported by a Certificate/Diploma/Degree or relevant subjects in High School/College.
Selection Procedure:
Online Examination
The online examination will consist of objective type multiple-choice questions, with a total duration of two hours:
| Section | No. of questions | Maximum Marks | Version | Duration |
|---|---|---|---|---|
| English Language | 40 | 40 | Only English | 120 minutes |
| Logical Reasoning | 40 | 40 | ||
| General Awareness (With special emphasis on Housing Finance Industry) | 40 | 40 | ||
| Numerical Ability | 40 | 40 | ||
| Computer Skill | 40 | 40 | ||
| Total | 200 | 200 |
Interview:
Candidates who qualify in the online examination will be called for an interview. The final merit list will be based on the combined marks of the online examination and the interview.
Medical Examination:
Selected candidates will undergo a medical examination and will be appointed as Junior Assistants subject to being found medically fit.
How to Apply:
Application Process:
Candidates can apply online from 25.07.2024 to 14.08.2024 through the LIC HFL website. No other mode of application will be accepted.
Important Points to Note
Before applying online, candidates should:
- Scan their photograph, signature, left thumb impression, and a handwritten declaration.
- Ensure all scanned documents meet the required specifications.
- Have a valid personal email ID and mobile number for communication.
- Keep necessary details/documents for online payment of the application fee.
Application Fee
- Junior Assistant: ₹800/-
- GST @ 18% will be charged on the application fee.
- The fee is non-refundable and can be paid online only from 25.07.2024 to 14.08.2024.
Important Links
- Official Notification:
Conclusion
LIC HFL Recruitment 2024 offers a promising career opportunity for graduates. Ensure you meet the eligibility criteria and follow the application process carefully. Stay updated with the official website for any changes in the recruitment process. Best of luck to all aspiring candidates!
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