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LIC HFL Salary 2022 – In Hand Salary, Allowances

by Aleena V Noushad
February 9, 2022
in Articles, Banking, Insurance Exams, LIC
LIC HFL Salary 2022
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Table of Contents

  • LIC HFL Salary Structure 2022
  • LIC HFL In-Hand Salary
  • LIC HFL Salary Slip 2022
  • LIC HFL 2022 Post Wise Salary
  • LIC HFL Allowances and Benefits
  • LIC HFL Promotions

LIC Housing Finance Ltd will immediately announce LIC HFL 2022 recruitment to fill up vacant jobs openings. Job seekers who are willing to make their career bright with LIC HFL department they may apply by filling LIC HFL form with all important details.

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LIC HFL Salary Structure 2022

LIC HFL Salary For Assistant Manager

  • The Basic Pay for LIC HFL Assistant Manager: Rs. 32,815 per month. The LIC HFL Assistant Manager pay scale :
  • LIC HFL Salary: Pay Scale For Assistant Manager Post
  • Pay Scale: 32815 – 1685– 56405 – 1755 – 61670
  • Other allowances 56,000/- (depends upon the place of posting)
  • This means:
  • Initial Basic Pay: Rs 32,815 monthly and yearly increment of Rs 1,685 for 14 years Basic Pay after 14 years – Rs 56,405 monthly and yearly increment of Rs 1,755 for the next 3 years Basic Pay: after the next 3 years
  • It will be Rs 61,670 Combining other allowances the initial LIC HFL Salary for Assistant Managers will be around Rs. 56,000.

LIC HFL Salary For Associate

  • The Basic Pay: LIC HFL Associate is Rs 21,270 per month. Associate pay scale of LIC HFL :
  • LIC HFL Salary: Associated LIC HFL Salary Scale
  • Payment schedule for LIC HFL Associate: 21270 – 1485 – 25725 – 1665 – 50700 and other allowances.
  • Total Remuneration per month: Approximately Rs. 35,960 Initial Basic Pay – Rs 21,270 monthly and yearly increment of Rs 1,485 for 3 years Basic Pay after 3 years – Rs 25,725 monthly and yearly increment of Rs 1,665 for the next 15 years
  • Basic Pay : after next 15 years – Rs 50,700
  • Combining other allowances the initial LIC HFL Associate Salary is Rs. 35,960.

LIC HFL Salary For Assistant

  • The Basic Pay for LIC HFL Assistants is Rs 13,980 per month.pay scale of LIC HFL Assistant :
  • LIC HFL Salary: LIC HFL Pay Scale For Assistant Post
  • Basic pay: Rs.13980 Rupees / month
  • Payment ladder: 13980 (1) 860 14840 (2) 940 16720 (5) 1060 22020 (2) 1230 24480 (3) 1500 8980 ​
  • Total Salary per month: Approximately Rs. 23,870/-The total salary per month will be approximately Rs. 23,870/- plus Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Home Loan,Group Insurance Scheme, Performance Linked Incentive and other benefits as per rules
  • This means:
  • Initial Basic Pay – Rs 13,980 per month and yearly increment of Rs 860 for 1 year
  • Basic Pay after 1 year – Rs 14, 840 and yearly increment of Rs 940 for the next 2 years
  • Basic Pay after next 2 years – Rs 16,720 and yearly increment of Rs 1,060 for the next 5 years
  • Basic Pay after next 5 years – Rs 22,020 and yearly increment of Rs 1,230 for the next 2 years
  • Basic Pay after next 2 years – Rs 24,480 and yearly increment of Rs 1,500 for the next 3 years
  • Basic Pay after next 3 years – Rs 28,980 and yearly increment of Rs 1,565 for the next 2 years
  • Basic Pay after next 2 years will be Rs 32,110

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LIC HFL In-Hand Salary

he in-hand salary for the post of LIC HFL Assistant will be summed up after adding the allowances and perks. The basic LIC HFL Assistant salary is 13980/- and after including the allowances and perks, it will go up to 23870/- for a fresher.

The in-hand salary for the post of LIC HFL Associate will be summed up after adding the allowances and perks. The basic LIC HFL Associate salary is Rs 21,270 (per month) after including the allowances and perks, it will go up to 35960/- for a fresher.

The in-hand salary for the post of LIC HFL Assistant Manager will be summed up after adding the allowances and perks. The basic LIC HFL Assistant Manager salary is 32815/- and after including the allowances and perks, it will go up to56000/- for a fresher.

LIC HFL Salary Slip 2022

Here,  attached a sample of LIC HFL Assistant salary slip.

LIC HFL 2022 Post Wise Salary

LIC HFL Salary For Assistant :

The starting Basic Pay for LIC HFL Assistants is Rs 13,980 (per month).

LIC HFL Salary For Associate :

The starting Basic Pay for LIC HFL Associate is Rs 21,270 (per month).

LIC HFL Salary For Asistant Manager :

The starting Basic Pay for LIC HFL Associate is Rs 32815 (per month).

LIC HFL Allowances and Benefits

In addition to the LIC HFL Salary , LIC HFL Assistants, Associates and Assistant Manager will get the following benefits:

LIC HFL Additional Benefits

  1. Lunch Allowance
  2. Mediclaim
  3. LTC
  4. Housing Loan
  5. Provident Fund
  6. Gratuity
  7. Group Insurance Scheme
  8. Incentives Based on Performance and Other Benefits

Wage revision, Holiday, Leave, service Promotion, annual increment, Retirement age ( 58 years), etc. decided by LIC of India .

Retirement Pension and death compensation services are not allowed in LIC HFL. (Because of Public limited company)

LIC HFL Promotions

There are many of opportunities in LIC HFL. Staffs get timely promotions based on their years of experience and performance. Employees may also give Departmental examinations and get promotions. Working at LIC HFL can give a great growth opportunity. Applicants should have a clear idea about LIC HFL Salary for Assistant, Associate, and Assistant Manager. They should also have knowledge of the job profile of each of the posts and career opportunities.

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Aleena V Noushad

Aleena V Noushad

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