The elaborate knowledge of the LIC HFL salary assists the candidates in tracing their career optimally. You will have a realistic expectation of the salary and the details pertaining to it. The salary varies in accordance with the posts. The accurate knowledge of the salary will fuel motivation among candidates and will help them in preparing well for the exam. The lucrative salary offered by the Life Insurance Corporation of India and the highly reputable job profile adds up to the major attraction to the candidates.
LIC Assistant Salary 2022
The LIC Assistants receive a lucrative salary along with numerous emoluments. You can get the complete details of the salary that has been enlightened herein. Note the pay scale and perks received by the Assistants.
- The starting basic pay under the post of LIC Assistant is of Rs. 13,980/- per month in the scale of 13980 - 860(1) -14840 - 940(2) – 16720 - 1060(5) – 22020 - 1230(2) – 24480 - 1500(3) – 28980 -1565(2) - 32110 and other admissible allowances as per rules shall be payable.
- Total emoluments per month will be approximately Rs. 23,870/- (depends upon the place of posting) plus Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.
For more details, check out the job profile of LIC HFL 2022.
LIC Associate Salary 2022
The candidates aiming for the Associate post will be able to get complete details of the exam, such as the basic pay, allowances, and other details pertaining to it. The emoluments are a major factor in the list of candidates competing for the exam.
- The starting basic pay of LIC Associate is Rs. 21,270/- per month on the scale of 21270 - 1485(3) – 25725 - 1665(15) - 50700 and other admissible allowances as per rules shall be payable.
- Total emoluments per month will be approximately Rs. 35,960/- (depends upon the place of posting) plus Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.
LIC Assistant Manager Salary 2022
Assistant Managers in LIC HFL receive a handsome salary. You can get the complete details of the pay scale and the allowances that follow. The detailed knowledge of the allowances and the basic pay will assist the candidates in preparing well for the exam.
- The starting basic pay of LIC Assistant Manager is Rs. 32,815/- per month in the scale of 32815 - 1685(14) – 56405 - 1755(3) - 61670 and other admissible allowances as per rules shall be payable.
- Total emoluments per month will be approximately Rs. 56,000/- (depends upon the place of posting) plus Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.
- Moreover, you can check out the LIC HFL Salary 2022 for more details.
Probation Period
It is highly essential for the candidates to serve a probation period, during this tenure, the candidates learn the skills to pursue the tasks effectively and efficiently. The probation period will help the candidates in learning the basic requirements of the job profile.
- Assistant/Associate: 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 subject to the successful and satisfactory completion of the training period. There will be a probation period of 1 year from the date of appointment as Assistant Manager which may be extended for a maximum period of 1 year.
Interview & Provisional Allotment
You must be well prepared for the interview and provisional allotment to be able to outweigh other candidates in the recruitment process. The points have been enlisted herewith to assist the candidates in their recruitment process.
- Depending upon the number of vacancies, only candidates securing sufficient marks in order of merit in an Online examination for Assistant/Associate/Assistant Manager will only be eligible for the interview session.
- Candidates who do not attend the Interview or who do not obtain the minimum qualifying marks in the Interview shall be disqualified from further selection.
- Candidates are required to bring their original documents for verification during the interview session in order to be qualified and satisfy the eligibility criteria.
- The final merit list for each post will be prepared on the basis of combined marks of Online Examination and Interview strictly according to the merit ranking, subject to minimum qualifying marks in the Interview.
Medical Examination
- Candidates selected for each Assistant, Associate and Assistant Manager post will have to undergo a medical examination.
- Only the candidates found medically fit by the medical examiner authorised by LIC HFL will be selected for the respective posts.