LIC Housing Finance LTD.

                               LIC Housing Finance Ltd. invites applications from eligible candidates for the posts of

                                                                     Assistant and Assistant Manager.

Candidates who have qualified the Third Common Written Examination for Regional Rural Banks (RRBs-CWE-III) conducted by IBPS in September 2014 for the post of Office Assistant (Multipurpose)/Officer Scale-I as per the eligibility criteria mentioned in the detailed advertisement can only apply for the post of Assistant/Assistant Manager respectively in LIC Housing Finance Ltd.

Tentative Dates:

Start Date for Online Registration/Fee payment: 18.04.2015
End Date for Online Registration/Fee payment: 05.05.2015
Tentative Date for Interview: 25.05.2015 onwards

Note: Only online application will be accepted.

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.

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.

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.

Application Fee:   150/INR

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

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