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LIC HFL Recruitment 2023: Notification, Exam Date & More
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1. LIC HFL 2023 Notification
LIC HFL 2023 Notification is yet to be released by LIC HFL ( Life Insurance Corporation Housing Finance Limited ) recruitment board. The application process for the year 2023 will soon be released in August.
The LIC Housing Finance Limited will release the notification on its official website www.lichousing.com for the posts related to Assistant, and Assistant manager. The exam is likely to commence in the first week of October 2023 and it is a computer-based test. The exam is held for 200 marks for 2 hours duration.
LIC HFL recruitment is a national-level exam, conducted by the LIC board for different vacancies in LIC HFL. For more detailed information check the previous year’s notification. click on the link below to know more about LIC HFL 2022 notification.
2. About LIC HFL 2023 Exam
LIC HFL Exam 2023 notification is yet to be released by the LIC recruitment board. The recruitment board of LIC conducts different recruitment exams for Assistant and Assistant Manager posts, and official notification is expected to be released in August.
The Life Insurance Corporation HFL exam is conducted in two phases: an online examination and an interview round. There will be a penalty of 0.25 mark for every wrong answer.
Online Examination
There will be an online examination for posts of LIC HFL 2023 notification. The exam will be in the form of objective-type questions and the time duration given is 2 hours. Candidates applying for Recruitment of Assistants & Assistant Manager posts should appear for the Online exam and if qualified call letters will be released for interview. But for Assistant Managers under the DME category, work experience is also considered. Aspirants need to check the notification properly before submitting the application form.
Exam Pattern for LIC HFL 2023 Notification
Sr.
No. |
Section | No. of Questions | Maximum Marks | Duration |
1 | English Language | 50 | 50 | 35 minutes |
2 | Logical Reasoning | 50 | 50 | 35 minutes |
3 | General Awareness
(with special emphasis on Housing Finance Industry) |
50 | 50 | 15 minutes |
4 | Numerical Ability – For Assistant
Quantitative Aptitude – For Assistant Manager |
50 | 50 | 35 minutes |
Total | 200 | 200 | 120 minutes |
Interview Exam Pattern:
Candidates who secured sufficiently high ranks will be selected for the merit list and will be called for an interview round. If the selected applicants miss attending the interview or do not have minimum qualifying marks shall be disqualified for further steps.
3. About IACE coaching for LIC HFL
IACE is the best institution for LIC HFL coaching. Students in IACE are provided with the best study materials that are crafted especially for LIC HFL competitive exams. Our courses are specially designed for competitive exams and intensive programs. These special programs help aspirants to secure maximum marks in exams.
- Offer online and offline classes with regular updates
- Students can attend grand tests daily to analyse subject knowledge
- Complete study material is provided by IACE and tailored by an expert facility
- IACE offers intensive coaching programs with short-term and long-term courses
- Pre-examination programs and Mock test series are conducted for students 2 months before the exam.
- Using sophisticated technology to provide uninterrupted Digital classes with real-time doubt clarification sessions
- IACE students are provided with premier benefits like practising hundreds of bits online and solving previous year’s question papers.
4. LIC HFL 2023 Exam Highlights
LIC HFL 2023 exam highlights are mentioned below in tabular format. Students need to be updated with regular updates posted on the official website.
Particulars | Details |
Name of the Exam | LIC HFL Recruitment 2023 |
Conducting Body | Life Insurance Corporation |
Exam Level | National |
Exam Frequency | Once in a year |
Application Mode | Online |
Mode of Examination | Online |
Exam Duration | 2 hours |
Language | English |
Purpose of Exam | For recruitment for Associate, Assistant, and Assistant Manager in LIC HFL |
Official website | www.lichousing.com |
5. LIC HFL 2023 Online Application & Fee
Aspirants applying for LIC HFL 2023 notification should check the eligibility criteria properly before applying. Candidates should fill out the application through online mode only and pay the application fee through online mode only. Follow the below steps to apply for LIC HFL recruitment:
Step 1: Open the official LIC website. On the top bar of the homepage click the “Careers” option.
Step 2: The link for the LIC HFL exam process is displayed on the new page after clicking on the careers option.
Step 3: Start filling the form by clicking on the Online Application form tab
Step 4: After filling in all details click on the submit button.
Step 5: Upload all the required documents and photographs
Step 6: Accept the declaration form and process the payment process
Step 7: Submit the form*
* Students are required to recheck the application form before submitting
LIC HFL Application Fee
The Application Fee for the LIC HFL depends on the post. Aspirants need to pay the application fee in the end before submitting the application form. Fee for different posts of LIC HFL is given below.
Post | Application Fee |
Associate | Rs 800/- |
Assistant Manager (DME) | INR 800 |
Assistant Manager (others) | INR 800 |
6. LIC HFL 2023 Eligibility Criteria
Aspirants applying for LIC HFL 2023 notification should first read the official notification properly and check the eligibility criteria. The condition for applying for the post should be strictly met by the candidates.
6.1 Education Qualification
Candidates applying for LIC HFL 2023 notification should possess the below-mentioned education qualifications.
Post | Eligibility Criteria |
Assistant |
|
Assistant manager (DME) |
|
Assistant Manager (Others) |
|
6.2 LIC HFL Age Limit
Aspirants applying for LIC HFL 2023 posts must check their age limit before applying. The age limit for LIC HFL is given below.
Age | Posts |
21 years -28 years | For Assistant or Assistant Manager ( other categories ) |
21 years – 40 years | For DME category |
6.3 Age Relaxation
For the posts of Life Insurance Corporation Housing Finance Limited, there will be no age relaxation. Aspirants applying for LIC HFL 2023 vacancies should note this point.
7. LIC HFL 2023- Important Dates
In the year 2022 LIC HFL has released a notification for 80 vacancies. Considering the same, there might be the same number of openings for 2023 also. The LIC HFL 2023 notification is yet to be released in August. All the important dates will be updated in the mentioned table. Students are advised to stay alert and check the official website regularly.
Events | Dates |
LIC HFL Recruitment Notification Release | To be notified |
Commencement of online registration of application | To be notified |
Closure of registration of application | To be notified |
LIC HFL Call Letter 2022 | To be notified |
LIC HFL Exam Date 2022 for Assistant | To be notified |
LIC HFL Exam Date 2022 for Assistant Manager | To be notified |
LIC HFL Result 2022 | To be notified |
8. LIC HFL Selection Procedure
The selection Procedure for LIC HFL 2023 recruitment will have 2 stages. Online test and Interview process. Candidates qualified for the online test will have to attend the interview. Based on the performance a merit list will be released.
Name | Selection Procedure |
Assistant | Online Examination and Interview |
Assistant Manager (Others category) | Online Examination and Interview |
Assistant Manager (DME category) | Work Experience, Online Examination and Interview |
Stage – 1: Online Examination – The online examination is conducted in English only. There will be a penalty of 0.25 mark for every wrong answer which is ¼. If the question is left blank there will be no penalty.
Stage – 2: Interview – Based on the marks of the online examination, students are selected according to ranks. A merit list will be created and candidates will be called for the next round.
Stage – 3: Final Section – Final selection is based on the minimum marks obtained from both the exams Online examination and the Interview round. For assistant and assistant managers under other categories, only exams and interviews will be considered. But for the DME post combined marks from work experience, examination and interview will be considered.
Stage – 4: Medical Examination– Candidates selected in the final section should undergo a medical examination test. If found fit by the LIC HFL medical examiner he/she will be appointed as Assistant/Assistant Manager by LIC HFL.
9. LIC HFL Syllabus 2023
This is a golden opportunity for candidates preparing for LIC HFL 2023 post. The online examination for Life insurance corporation housing finance limited consists of 4 sections: Logical reasoning, English language, Numerical data and General Awareness. Check the below table To understand the brief syllabus for the LIC HFL exam.
Subject | Topic |
English |
|
Logical Reasoning |
|
General Awareness |
|
Quantitative Aptitude |
|
10. LIC HFL Vacancy 2023: Category-Wise
LIC HFL recruitment is yet to release notification for the year 2023. To understand the vacancy allocation we can consider the 2022 LIC HFL notification. Before submitting the application students are required to understand the vacancies, as there will be a category-wise allocation according to the state and requirements. Aspirants can check the 2022 LIC HFL notification to get clarity on the number of posts.
LIC HFL Vacancy Post-Wise for the year 2022
Posts | LIC HFL Vacancy |
Assistant | 50 |
Assistant Manager | 30 |
LIC HFL State-Wise Vacancy for the year 2022
Region | State/Union Territory covered under the region | Assistant | Assistant
Manager |
Central | Chhattisgarh | 6 | 30 |
Madhya Pradesh | |||
East Central | Bihar | 2 | |
Jharkhand | |||
Odisha | |||
Eastern | Assam | 3 | |
Sikkim | |||
Tripura | |||
West Bengal | |||
North Central | Uttar Pradesh | 6 | |
Uttarakhand | |||
Northern | Chandigarh | 2 | |
Delhi | |||
Haryana | |||
Himachal Pradesh | |||
Jammu & Kashmir | |||
Punjab | |||
Rajasthan | |||
South Central | Karnataka | 4 | |
South Eastern | Andhra Pradesh | 10 | |
Telangana | |||
Southern | Kerala | 2 | |
Puducherry | |||
Tamil Nadu | |||
Western | Goa | 15 | |
Gujarat | |||
Maharashtra | |||
TOTAL | 50 | 30 |
11. LIC HFL Cut-Off: Previous Year’s Cut-off Marks
Aspirants who are looking for LIC HFL cut-off marks can check the previous year’s cut-off marks. The cut-off marks for the LIC HFL exam will be released after announcing the written exam marks.
The LIC HFL recruitment board will be revising the cut-off marks for every year. It is based on the number of candidates applying for the vacancy. Students should cross the cut-off mark for qualifying for the interview round. Below are the cut-off marks for LIC HFL 2022 year, students are advised to take a careful look at the below table.
Category-wise Cut-off Marks for 2022
Category | Assistant Post | Assistant Manager Post |
General | 14-150 | 150-155 |
OBC | 140-145 | 145-150 |
SC | 135-140 | 140-145 |
ST | 130-135 | 135-140 |
Section-wise cut-off marks for 2022
Sections | Expected Cut-Off |
English Language | 20-25 marks |
Logical Reasoning | 20-25 marks |
General Awareness | 20-25 marks |
Quantitative Aptitude | 20-25 marks |
12. LIC HFL 2023 Salary Structure
As of LIC HFL 2023, notification is not announced. So, let us understand the salary structure for the year 2022. LIC HFL vacancies are announced for different three posts, hence we have different pay grades.
As LIC HFL 2023 notification is yet to be released The salary structure for LIC HFL assistant and LIC Assistant Manager is different. The salary structure for LIC HFL is given below.
LIC HFL Assistant Salary
The basic salary for a LIC HFL assistant was Rs.22,730 in the year 2022. Here is the salary structure for the assistant posts.
- 22730-1405(1)-24135-1540(2)-27215-1740(5)-35915-2020(2)-39955-2460(3)-47335-2570(2)-52475
The total salary for the month will be approximately Rs.33,960/-.In addition, there will be other allowances like lunch, Provident Fund, Gratuity, LTC, Group Insurance Scheme, Performance linked incentives, etc.
LIC HFL Assistant Manager
The basic salary For LIC HFL Assistant Manager is Rs.53,620/- Here is the salary structure for Assistant Manager posts.
- 53620-2770(14)-92400-2880(3)-101040
The total salary per month will be approximately Rs. 80,110/-.In addition to this, there are many other benefits like Mediclam, Gratuity, LTC, Group Insurance, Housing Loan, provident fund, etc.
13. LIC HFL 2023 Exam Centre
The LIC HFL 2023 exam center is given below.
Region | State/Union
The territory covered under the region |
Online Examination Centre |
Central | Chhattisgarh | Raipur |
Madhya Pradesh | Bhopal, Indore | |
East Central | Bihar | Patna, Muzaffarpur |
Jharkhand | Ranchi | |
Odisha | Bhubaneswar, Rourkela | |
Eastern | Assam | Guwahati |
Sikkim | Gangtok | |
Tripura | Agartala | |
West Bengal | Kolkata, Siliguri | |
North Central | Uttar Pradesh | Lucknow, Meerut, Allahabad, Gorakhpur |
Uttarakhand | Dehradun | |
Northern | Chandigarh | Chandigarh-Mohali |
Delhi | Delhi NCR | |
Haryana | Ambala, Chandigarh-Mohali | |
Himachal Pradesh | Baddi, Bilaspur | |
Jammu & Kashmir | Jammu | |
Punjab | Amritsar, Chandigarh-Mohali | |
Rajasthan | Jaipur, Jodhpur | |
South Central | Karnataka | Bangalore, Mysore |
South Eastern | Andhra Pradesh | Hyderabad, Vijayawada, Visakhapatnam |
Telangana | Hyderabad | |
Southern | Kerala | Kochi, Trivandrum |
Puducherry | Puducherry | |
Tamil Nadu | Chennai, Madurai, Coimbatore | |
Western | Goa | Panaji |
Gujarat | Ahmedabad-Gandhinagar, Rajkot | |
Maharashtra | Mumbai/Navi Mumbai/Greater Mumbai/ Thane, Nagpur, Pune, Aurangabad |
14. LIC HFL Preparation Tips 2023
Candidates targeting for the LIC HFL 2023 exam should work very hard. There should be a focused plan while preparing for the LIC HFL exam.
- Syllabus Analysis: Candidates should not skip any topic, it is advised to have in-depth syllabus analysis. This helps to identify important topics and can easily complete the topics.
- Daily Practice: Attending daily practice papers helps in a better understanding of subject knowledge.
- Mock Tests: Practising mock tests will help to develop the analytical & reasoning skills that are required. It also works as a revision for students who are attending competitive exams
- Strategic Timetable: Prepare a timetable, divide the subjects accordingly and make a plan for what to study and how to complete the portion.
- Current affairs: Be updated with the latest current affairs, Read newspapers and develop fast reading skills
15. LIC HFL 2023 Admit Card & Call Letter
The date for LIC HFL 2023 Admits card & call letters is yet to be released. The recruitment board of LIC HFL 2023 will release the admit cards 10 days before the exam date. All the eligible candidates can start downloading the call letters from the official website www.lichousing.com Candidates should enter their registration number and password on the LIC HFL website and download the admit card.
16. LIC HFL 2023 Result
LIC HFL 2023 results will be released after one month of commencing the exams. Candidates can check the results on the official site of the LIC recruitment board. The link will be updated here immediately.
17. LIC HFL Interview Process
The LIC HFL Interview process will be scheduled after the Online exams. There will be official call letters for all the candidates who qualified for the online examination.
18. FAQ's
1. What is the eligibility criteria for the LIC HFL exam?
Ans. The eligibility criteria for the Life Insurance Corporation Housing Finance Limited notification post is an
- Assistant Post: Age – 21 to 28 years; Education – Graduation
- Assistant Manager: – Age 21 to 28 years; Education – Graduation with 60% or Post -Graduation from any discipline
- For DME – Age 21- 40 years; Education – Graduation or Post Graduation, Preference given for MBA in marketing or Finance
2. What is the duration of the 2023 LIC HFL exam?
Ans. The LIC HFL exam is conducted for 120 minutes. It has 4 subjects – Logical, Reasoning, General Awareness and Numerical ability. In total, the exam is conducted for 200 marks.
3. When is LIC HFL 2023 official notification released?
Ans: The LIC HFL 2023 official notification is yet to be released. As per the previous year’s data, LIC HFL notification will be released in August 2023.
4. What is the application fee for the LIC HFL exam?
Ans. The application fee for the LIC HFL exam fee is Rs 800/-. In addition to this 18% of GST will be charged on the application fee. This fee applies to all students and is non-refundable.
5. What is the salary of a LIC HFL officer?
Ans. The basic salary of a LIC HFL assistant is Rs.22,730 and Rs.53,620/- for a LIC HFL assistant manager.
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