The Life Insurance Corporation of India (LIC)’s Housing Finance Limited or HFL is sparking excitement among jobseekers in India by having released its latest 2024 recruitment notification across the country. On the 25th of July 2024, LIC HFL published an online invitation for online applications for recruiting Junior Assistants to eligible candidates. It is a golden opportunity for candidates who are looking for an opportunity to build a career in India’s most prestigious financial institution. The wait is finally over for individuals who were waiting for a chance to have a career in LIC.
According to the LIC HFL notification, the online registration and online fee payment will start on the 25th of July 2024. The online registration and fee payment will end by 14th August 2024. The downloading of call letters for online exams should start from 2 weeks to 1 week before the exam. The tentative online examination date is in September 2024. It is the time to get excited and feel overwhelmed simultaneously. This blog will help you delve into all the essential details about LIC HFL notification on the recruitment of Junior Assistants.
About LIC
LIC HFL is a subordinate branch of LIC or Life Insurance Corporation in India. It focuses mostly on providing people with long-term financial aid, loans for a house, flat construction, or related purchasing. It is a trusted name in the housing finance sector. It is known for its customer-centric approach and robust financial services. LIC started its journey in 1989 and slowly became the largest insurance company in India. LIC HFL actively participated in different corporate social responsibilities to contribute to the development of community and social welfare. LIC HFL commits to excellence, and working with them offers numerous growth opportunities and opens doors to various achievements and promotions.
LIC HFL Exam Important dates
The 2024 LIC HFL notification mentions all the important dates pertaining to the exam. Candidates should take note of these dates and prepare their study plans accordingly. As of now the notification mentions the start of online registration and fee payment, the end of online registration, and a tentative time for online examination for the Junior Assistant role in LIC HFL. You can take a look at these dates in the table below.
Events | Important dates |
The online registration and payment of fees will start | 25.07.2024 |
The online registration and payment of fees will end | 14.08.2024 |
Call letters for Online Examination download | Call letters for Online Examination Download |
Online Examination for the Junior Assistant role tentatively | September 2024 |
LIC HFL 2024 Vacancies
The LIC HFL notification also mentions the number of vacancies in different states, CTC or remuneration for the post, eligibility criteria, selection procedure, and the ways to apply for this job. You can take a look at the state-wise vacancies in the following table.
States | Available 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 |
LIC HFL Post Brief Overview
According to the latest recruitment notification from LIC HFL, online application submission is going on for the Junior Assistant position. This role will be responsible for smooth operation within the organization.
Being a Junior Assistant in LIC HFL involves handling clerical tasks, customer service, loan processing, and file and document movement. A Junior Assistant in LIC HFL is also responsible for document scanning and data entry jobs, following up EMI for regular and default cases, activities related to the recovery department, managing activities related to the cash counter, basic market-related activities, and business-related activities conducted by LIC HFL.
A Junior Assistant of LIC HFL on joining, will have 6 months of probation period from the date of joining and this probation period can extend as per the discretion of the organization.
Criteria for Eligibility for the LIC HFL Exam
To apply for the Junior Assistant position in LIC HFL, the candidate must meet certain criteria to be eligible for this post. It is crucial for all candidates to meet the eligibility criteria to ensure that their applications are selected and they can move on to the exam without any issues. The eligibility criteria include nationality, age, and educational criteria.
Age Criteria
The candidate’s age should be between 21 to 28 years during the application and online examination. This means the candidate should be born between 2nd July,1996 and 1st July, 2003.
Educational Qualifications for the LIC HFL Exam
The educational qualification for the candidate should be graduation with a minimum aggregate of 60% in any discipline from any university recognized by the Government of India or a similar equivalent qualification recognized by the Central Government of India. Correspondent courses, part-time courses, or distance education certificates are not eligible for this role.
- The educational qualifications should be done from Government of India-approved institutes and colleges, with the declaration of result before the 1st of July in 2024.
- The educational qualification documents must be submitted and verified during the interview. Even for online certificates and results posted online for examinations should be issued and signed by the eligible authority from the college or institute.
- The certificates should clearly indicate the student’s passing date, which will be verified by the authority during the interview.
- The candidates must express the percentages acquired in their graduation and post-graduation examinations, even when awarded with CGPA or SGPA. It can be converted into percentages and should be mentioned in the online application form.
- During the time of the interview, the candidate must have proof from their respective college, institute, or university to state that the percentage of marks acquired by the student was fair and followed the institute’s norms.
- The calculation of the percentage should be arrived at by dividing the total marks in all semesters in all subjects with aggregated maximum marks irrespective of Honours or optional and additional subjects. It is applicable to universities with class and grade divisions. The final percentage should be a minimum of 60 percent as an average.
Computer Literacy for LIC HFL
Another criterion for the eligibility of the assistant position in LIC HFL is computer literacy. It is the working knowledge of computer systems. Candidates must have a degree, diploma, or certificate related to computer application or computer language. Students who have studied computer science and technology during school or college will get more preference during qualification.
Eligibility Criteria | Position of Junior Assistant |
Nationality | Indian |
Age | 21 – 28 years |
Educational qualification | Educational Qualification |
Computer literacy | Operating knowledge of computer with a certificate, degree and diploma on Computer |
Previous work experience | Preferred |
Process of application
- The application process for the junior assistant position will be conducted online completely. The candidates will apply for the position from the 25th of July 2024, till the 14th of August 2024. It can be done by visiting the official website of LIC HFL www.lichousing.com .
- On this website under the career section candidates can find the online application form and apply directly from there. There is no other way or third-party logging application process attached in the process.
- Scan the photograph (4.5cm × 3.5cm) and have a black color-inked signature not in capital letters.
- Left thumb impression on a white paper with blue ink.
- A handwritten declaration.
- The application fee for the online application form will be 800 with 18% GST and the bank transaction charges will be borne by the candidates themselves.
- It is nonrefundable and applies to everyone.
- The candidates with satisfactory conditions with eligibility have to log in to the LIC HFL website and register themselves with LIC HFL, and click on the career option mentioned on the website. In career, there will be the option called job opportunities. Under that page, the recruitment of junior assistants will be seen, and the online option will be popping out on a new tab window on a web browser.
- The process should be visiting the official website – finding the notification – registering online – filling up the application form – uploading the documents – paying the application fee and – submitting the application.
Exam pattern and syllabus
The selection procedure for the Junior Assistant for LIC HFL is wholly based on an online examination and a subsequent Interview. The written exam consists of objective questions related to the English Language, Logical Reasoning, General Knowledge and Awareness, Computer Skill, and Arithmetic and Numeric Abilities.
No | Section | No. of questions | Maximum Marks | Version | Duration |
1 | English Language | 40 | 40 | Only English | 2 hours |
2 | Logical Reasoning | 40 | 40 | Only English | 2 hours |
3 | General Awareness (With special emphasis on the Housing Finance Industry) | 40 | 40 | Only English | 2 hours |
4 | Numerical Ability | 40 | 40 | Only English | 2 hours |
5 | Computer Skill | 40 | 40 | Only English | 2 hours |
Total | 200 | 200 |
The online exam will be entirely in English, with negative marks for wrong answers. If any question is left by the candidate, no penalty will be charged on the candidate. In case of a wrong answer, 0.25 or one fourth of the marks assigned to the question will be deducted.
Selection process
The selection of an LIC HFL Junior Assistant comes with an online examination and interview process after the online exam. During the interview process, candidates who have cleared the online exam will be called personally for the process. The candidates who did not get the minimum qualifying marks or did not attend the interview round will be disqualified from the entire process.
The successful candidates from the interview round will undergo document verification to ensure accuracy and validation to see if all documents are true and certified. Once selected, the candidates will have to go through a medical exam as well. This is the final selection process, where the combined marks of the online exam and interview round will be taken into consideration to decide which candidates are shortlisted.
The company has the full right to cancel the selection of a candidate if felt necessary due to any circumstances. The medical examination will be completely conducted and authorized by LIC.
Tips for preparation
The first tip for preparation is to understand the syllabus, as it will help in focusing on important topics and the time management related to it. Familiarizing yourself with the exam pattern and syllabus will help to have an increased chance to succeed on the online examination before the interview round.
Creating a study plan is a great idea to succeed during this exam. It is ideal to develop a study plan for the exams and interview process, which will cover all the subjects and create a reminder for revision, from time to time. To be consistent, the candidate must stick to the study plan and realize its purpose.
Candidates should regularly practice with LIC HFL mock tests, and section-wise questions. For instance, they should dedicate time to practicing Reasoning Aptitude, quizzes for general awareness, arithmetic problems, and other section-specific topics. ixamBee is committed to helping students fulfil their dreams of government jobs by helping their preparations with resources tailored by expert faculty and ex-government service senior officials. You can visit our website for more detailed LIC HFL Recruitment details.
Practicing regularly, reading newspapers and joining coaching classes, having a proper idea of time management will help the candidates to be successful during the exam and these preparation tips will be helpful in the long run. The idea of the online exam is to select the right candidates who can execute their duties properly in the long run. To ensure this, candidates must not only be subject matter experts but also become individuals with a disciplined approach to their exam preparation and subsequent jobs.
Avoiding any distractions that veer you off the path of your study plan is critical for any exam preparation. Exam aspirants should make sure that they limit their use of distracting elements like mobile phones, doomscrolling and other activities that act as distraction instead of recreation.
Conclusion
In conclusion, the LIC HFL notification for the junior recruitment assistant position brings a huge joy to aspiring candidates. It opens door to a promising career in the housing and finance sector. With diligent preparation, staying focused, and understanding the syllabus and exam procedure, anyone can secure a position in this esteemed organization.
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