LIC Housing Finance: 293 Manager Posts | Apply before 30th April 2015

LIC-HFL

Organistaion Name: Life Insurance Company (LIC)

Type: Government

Remuneration:

Assistant:

The starting basic pay of Rs. 7400/- per month in the scale of 7400-455(1)-7855-495(2)-8845-560(5)-11645-650(2)-12945-790(3)-15315-825(2)-16965 and other admissible allowances as per rules shall be payable. Total emoluments per month will be approximately Rs. 16335/- (depends upon the place of posting) plus Sodexho Coupons as per rules. Other benefits include PF, Gratuity, LTC, Medical Benefit, Group Saving  Linked  Insurance  (GSLI),  Group  Personal  Accident  Insurance,  PL Encashment, Vehicle Advance (2 Wheeler), Housing Loan, PL Encashment and Performance Linked Incentives as per rules.

Assistant Manager:

The starting basic pay of Rs. 17100/- per month in the scale of 17100–875(14)-29350–910(3)–32080 and other admissible allowances as per rules shall be payable. Total emoluments per month will be approximately Rs. 37745/- (depends upon the place of posting) plus Sodexho Coupons as per rules. Other benefits include PF, Gratuity, LTC, Medical Benefit, Group Saving Linked Insurance (GSLI), Group Personal Accident Insurance, PL Encashment, Vehicle Advance (2 Wheeler), Housing Loan, PL Encashment and Performance Linked Incentives as per rules.

Probation Period:

Assistant: 6 months from the date of joining which may be extended for a maximum period of 6 months.

Assistant Manager: Before appointment as Assistant Manager, there will be a training period of 1 year as Management Trainee from the date of joining. A consolidated salary of Rs. 25,000/- per month will be paid during this training period. The appointment to the post of Assistant Manager  will be done upon successful and satisfactory completion of the training period. There will be probation period of 1 year from the date of appointment as Assistant Manager which may be extended for a maximum period of 1 year.

Eligibility Criteria:

Candidates who have qualified the RRBs-CWE-III as per general category cut-off conducted by IBPS in September 2014 for the post of Office Assistant (Multipurpose)/Officer Scale-I can only apply for the post of Assistant/Assistant Manager respectively in LIC Housing Finance Ltd.

The eligibility criteria are as mentioned below:

 Eligibility Criteria  Assistant Assistant Manager
Qualifying Examination RRBs-CWE-III as per general category cut-off conducted by IBPS in September 2014 for the post of Office Assistant (Multipurpose) RRBs-CWE-III as per general category cut-off conducted by IBPS in September 2014 for the post of Officer Scale-I
Nationality Indian Indian
Age (as on 01.06.2014) 21-28 years 21-28 years
 EducationalQualification(as on 09.07.2014)  Graduation (min 50%) Graduation (min 55%) Candidates having degree either in Information Technology, Management, Law, Economics and Accountancy can only apply
Computer Skills Yes Yes
Proficiency in Local Language  Preferable  N.A.

Age Limit (as on 01.06.2014): Not below 21 years and not above 28 years as on 01.06.2014 i.e. candidates must have been born not earlier than 02.06.1986 and not later than 01.06.1993 (both dates inclusive).

An applicant for recruitment as an Assistant/Assistant Manager shall  possess the Bachelor’s Degree from a recognized University in India established under a statute.

Selection Procedure:

Name of the Post Selection Procedure
Assistant TWS RRBs-CWE-III as per general category cut-off for Office Assistant (Multipurpose) and Interview
Assistant Manager TWS RRBs-CWE-III as per general category cut-off for Officers Scale I and Interview

TWS – Total Weighted Score

Eligible candidates as per the above eligibility criteria can apply to the Company. Depending upon the number of vacancies, only those candidates who rank sufficiently high in the order of merit based on their respective Total Weighted Score in RRBs- CWE-III for Assistant/Assistant Manager will be called for interview. Final selection will be made on the basis of aggregate marks of Total Weighted Score (50 marks) and Interview (50 marks) strictly according to the merit ranking. The final merit list and selection  will  be  separate  for  the  post  of  Assistant  &  Assistant  Manager.  The Company reserves the right to change the selection procedure, if necessary.

The candidates found successful in the Interview have to undergo Medical Examination. Selected candidate will be appointed as Assistant/Assistant Manager subject to him/her being found medically fit by the Medical Examiner authorized by LIC HFL for this purpose.

Interview Centre:

The interview centres will be intimated to the candidates called for interview at a later stage. Expenses incurred for attending the interview will not be reimbursed by the Company.

Call Letter for Interview:

Call letters for interview will be made available to shortlisted candidates on LIC HFL’s website (www.lichousing.com). Candidates will be required to download the same. An intimation regarding availability of call letters on LIC HFL’s website will be sent by email/sms. Intimations will be sent to the email ID and mobile number registered in the online application form. Call letters will not be sent to the applicant by Post/ courier. Company will not take responsibility for late receipt / non-receipt of any communication e-mailed/ sent via sms to the candidate due to change in the mobile number, email address, technical fault or otherwise. Candidates are hence advised to regularly keep in touch with the authorised LIC HFL website (www.lichousing.com) for details, updates and any information which may be posted for further guidance as well as to check their registered e-mail account from time to time during the recruitment process.

Identity Verification:

The candidate while appearing for the interview should produce for verification in original and submit photo copies of (i) the photo identity card, such as PAN card, passport, Driving License/Voters Card/Company Pass book with photograph, (ii) application  made  to  IBPS  for  the  Common  Written  Examination  for Assistant/Assistant Manager in RRBs. If the identity of the candidate is in doubt the candidate will not be allowed for the interview.

Note:

For Assistant:

  • Candidates are allowed to apply for vacancy from only one state.
  • Candidates applying  for  a  particular  state  will  be  posted  preferably in  that  state initially and can be transferred to any other state later subject to the requirement and suitability.

For Assistant Manager:

  • Posting may be anywhere in India as per the requirement of the Company.

Application Fee (Only through Online Mode only):

Post Application Fee
Assistant Rs. 150/-
Assistant Manager Rs. 150/-

The above application fee is for all candidates and non-refundable. Applicants have to bear the Transaction charges as applicable for online payment.

Important Dates:

No. Activity Tentative Date
 1 Start Date for Online Registration / Fee Payment 18.04.2015
 2 End Date for Online Registration / Fee Payment 30.04.2015
 3 Tentative Date for Interview 25.05.2015 onwards

 

Official Notification

Share This Post

PinIt
Expert advise guide for exam preparation
Like the Post? Subscribe to Eduncle Blog

Even if you don't visit eduncle.com on a regular basis, you can get the latest posts and updates delivered to you for free via Email.

2    +   5   =