LIC HFL Job Profile: Check Post Wise Job Profiles, Probation Period and Salary

LIC HFL Job Profile: Check Post Wise Job Profiles, Probation Period and Salary

ByGaurav Singh Bhadouria  |  Updated on: Dec 30, 2020
LIC HFL 2019-20 Final Result has been delayed due to the spread of human disease globally. Thus stay tuned to get every latest update of LIC HFL 2020 exam.

LIC Housing Finance Job Profile 

LIC Housing Finance Limited (LIC HFL) conducts the LIC HFL Exam to recruit various eligible candidates for the post of Assistant, Associate & Assistant Manager. Candidates spring to join must know about the LIC HFL Job Profile & Salary details. Below mentioned are the details about LIC HFL Job Profile for all posts along with the salary details. 

LIC HFL is one of the best organizations to work. Here you are offered many perks and allowances, in addition to a good salary. That is why the competition is enormous and if you are appearing for any of the posts of LIC HFL, you must stick to your daily schedule and follow an effective exam preparation strategy to get an edge over other competitors and clear the exam in the first attempt. Check Check the LIC HFL Exam Pattern and LIC HFL Syllabus

LIC HFL Salary (Various Posts)

Check the LIC HFL Salary for different posts below. 

PostBasic payPayscale
LIC HFL AssistantRs. 13,980/- per month13980 – 860(1) – 14840 – 940(2) – 16720 – 1060(5) – 22020 – 1230(2) – 24480 – 1500(3) – 28980 –1565(2) – 32110
LIC HFL AssociateRs. 21,270/- per month21270 – 1485(3) – 25725 – 1665(15) – 50700
LIC HFL Assistant ManagerRs. 32,815/- per month32815 – 1685(14) – 56405 – 1755(3) – 61670

Also, read about LIC HFL Salary details

LIC HFL Assistant Job Profile 

A LIC HFL Assistant is expected to take care of the transactions taking place at the cash counters, looking after cheque transactions, and processing the sanction and disbursement files. The LIC HFL Assistant has to perform the back-office tasks and all the services which are assigned by the Area Manager. The Assistant has to assist the senior officers in underwriting sanction and disbursement files. He/she has to look after the account, OS, and recovery jobs as assigned by the Manager of Operations.

LIC HFL Associate Job Profile 

In the hierarchy of LIC HFL, the Associate is one step above the Assistant. The job role of an Associate follows the same line as that of the Assistant. The nature of work depends on the department allocation. A LIC HFL Associate helps senior officers in account recovery and underwriting sanctions and disbursement of files. An Associate is also entrusted with the responsibility of calling the customers and reminding them to clear the pending dues. 

LIC HFL Assistant Manager Job Profile 

A LIC HFL Assistant Manager is required to work at any of the corporate office, regional office, area office, or back office. An Assistant Manager acts as a team supervisor. The job roles include credit appraisal, sanctioning and disbursements of loans. He/she is also expected to perform the other responsibilities in accounts, CRM, and in the recovery section.

LIC HFL Probation Period

  • IC Housing Finance Assistant and Associate: The probation period is for six months from the date of joining, which might be extended for a maximum period of six months.
  • LIF HFL Assistant Manager: Candidates who have been selected for the post of Assistant Manager will have to undergo a training period of 1 year as a Management Trainee from the date of joining. The appointment of the candidate to the post of Assistant Manager will take place only after successful completion of the training period. The one year probation period may be extended for a maximum of one more year.


  1. Recruitment for the post of Assistant and Associate is based on the region-wise merit list while the recruitment for the position of Assistant Manager is based on the All-India merit list. 
  2. A candidate can apply for only one out of these posts. 
  3. For the post of LIC HFL Assistant/Associate, the selected candidates will get posting in the state of his/her choice only during the initial period and then he/she may be transferred to another state, irrespective of the preference. However, there is no choice preference for Assistant Manager.

LIC HFL Job Profile FAQs

  • The weightage of the LIC HFL Interview in the entire selection process is of 50 marks.

  • Rs. 25,000/- is the per month salary of Assistant Manager in LIC HFL

  • A candidate with distance learning qualification is not eligible to apply for Management Trainee in LIC HFL.

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