Table of Contents
LIC Housing Finance Limited is looking for qualified contenders to fill the posts of Assistant and Assistant Manager. The application procedure for LIC HFL Recruitment 2022 is now underway, and the deadline for presenting completed application forms is the 25th of August. The notification informed that the recruitment should get conducted between September and October.
Sign Up for the ENTRI Learning App for Getting More Details on LIC HFL 2022!
LIC HFL 2022 Job Profile
LIC Housing Finance Limited (LIC HFL) shows the LIC HFL Exam to recruit diverse eligible contenders for the post of Assistant, Associate & Assistant Manager. The interesting contenders to join the posts must know about the LIC HFL Job Profile & Salary details. The details about LIC HFL Job Profile for all posts along with the salary details are mentioned below.
LIC HFL is one of the finest organizations to work for. There you are offered many perks and allowances, in addition to a good salary. That is why the competition is massive and if you are appearing for any of the positions of LIC HFL, you must stick to your daily schedule and follow an adequate exam preparation strategy to get an edge over other competitors and clear the exam in the first attempt.
LIC HFL Assistant Job Profile
A LIC HFL Assistant is expected to take care of the transactions taking place at the cash counters, look after cheque transactions, and process the sanction and disbursement files. The LIC HFL Assistant has to accomplish the back-office tasks and all the services which are assigned by the Area Manager. The Assistant keeps to assist the senior officers in underwriting sanction and disbursement files. He/she controls to look after the account, OS, and recovery jobs as designated by the Manager of Operations.
LIC HFL Associate Job Profile
In the order of LIC HFL, the Associate is one step above the Assistant. The job role of an Associate pursues the same line as that of the Assistant. The nature of work depends on the department allotment. A LIC HFL Associate enables senior officers in account recovery and underwriting sanctions and disbursement of files. An Associate is also charged with the responsibility of calling the customers and reminding them to clear the pending dues.
LIC HFL Assistant Manager Job Profile
A LIC HFL Assistant Manager is needed to work at any of the corporate office, regional office, area office, or back offices. An Assistant Manager functions as a team supervisor. The job roles contain credit appraisal, sanctioning, and disbursements of loans. He/she is also expected to perform the other responsibilities in accounts, CRM, and the recovery section.
For More Updates and Notifications Download the ENTRI Learning App Now!
LIC HFL 2022 Roles and Responsibilities
1: What does the acronym "ATM" stand for in banking?
After the successful fulfillment of the probation period of 6 months from the date of entering which may be extended for a maximum period of 6 months, contenders will be needed to do the following activities
- Customer Service
- Review the documentation of insurance
- To handle sales documents, policies, claims, settlements, etc.
- Handling transactions.
- To supervise the work of the assistants and associates.
- Home loan applications should be reviewed.
- Evaluation of creditworthiness and goodwill of clients.
- Recommendation for approval of loans.
- Have to handle the sales targets and promotions.
LIC HFL 2022 Career Growth
LIC HFL delivers wonderful career growth to contenders who get final selection as assistants. Generally, every three years, you get automatic promotion here so it is especially good as per the promotion policy
- Assistant
- Associate
- Senior Associate
- Assistant Manager
- Deputy Manager
- Manager
LIC HFL 2022 Salary
The pay scale of diverse posts under LIC HFL varies and it usually grows according to the job holder’s experience and performance. The payment of the posts under LIC HFL salary is specified by the conducting body itself. Following are the diverse income levels of different post profiles:
| Job Profiles | Assistant Manager | Associate | Assistant |
| Basic | INR 32, 815 | INR 21, 270 | INR 13, 980 |
| Total | INR 56, 000 | INR 35, 960 | INR 23, 870 |
After releasing the final cutoff, the contenders must bring the original photo-identity proof for verification purposes. Mobile phones, pagers, or any other communication gadgets are not permitted inside the exam premises.
LIC HFL Salary 2022 Perks & Allowances
The Life Insurance Corporation’s subsidiary HFL is one of the most respected housing finance companies in India that delivers not just a career but promotes continuous learning for its employees; offers an equivalent chance work environment and an attractive salary structure. It is a good chance for contenders to get associated with the LIC HFL through the LIC HFL Recruitment 2022. Here we have delivered below the perks and allowances submitted to LIC HFL assistants along with the LIC HFL Salary
- Lunch Allowance
- Provident Fund
- Mediclaim
- Gratuity
- LTC
- Group Insurance
- Housing Loan
- Performance Linked Incentive
The Life Insurance Corporation’s subsidiary HFL posts are very reputed and good salary structure. Here we discussed the important details regarding the LIC HFL Job Profile for the interest of contenders. More details regarding the topic will get from our ENTRI Learning App. Keep visiting our page and prepare for the exams.
Download the ENTRI Learning App to Know Upcoming Banking Exams!
