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

Check here for 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
English Language  50  50  35 minutes
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
  • Graduate with minimum 55% aggregate marks
  • Courses completed through distance/part-time/correspondence are not eligible.
Assistant manager (DME)
  • Graduate/post-graduate in any discipline with 50% marks
  • MBA in finance/marketing will be given preference.
Assistant Manager (Others)
  • Graduate with minimum 60% aggregate marks or Postgraduate in any discipline
  • Courses completed through distance/part-time/correspondence are not eligible

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
  • Vocabulary
  • Error Spotting
  • Grammar
  • Fill in the Blanks
  • Comprehension
  • Sentence Framing
  • Jumble Words etc
Logical Reasoning
  • Syllogism
  • Data Sufficiency
  • Direction and Distance
  • Machine Input Output
  • Inequality
  • Verbal Reasoning
  • Circular/Linear Arrangement
  • Coding-Decoding
  • Blood Relations
  • Floor Puzzle
  • Order and Ranking etc
General Awareness
  • Indian Banking System
  • Indian Economy
  • National Institution
  • Indian Banking System
  • Current Affairs etc
Quantitative Aptitude
  • Average
  • Percentage
  • Permutation and Combination
  • Ratio and Proportion
  • Mixture and Allegations
  • Algebra
  • Mensuration
  • Probability
  • Time and Work
  • Trigonometry
  • Data Interpretation
  • Speed, Distance & Time, etc

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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