LIC HFL Exam 2020 - LIC Housing Finance Exam 2020

LIC conducts recruitment exams in Housing Limited Finance to recruit Assistant, Associates and Assistant Managers. It is one of the most important insurance exams conducted in the country.

Latest Update: The conducting body has released the list of candidates shortlisted for the written examination for IT Professionals. Applicants can download the PDF given below and check the application number and name of the shortlisted candidates. 

List of Candidates Shortlisted for Written Exam [IT Professionals]:-Download PDF Here

Given below is the official LIC HFL Notification PDF. Candidates can check the important exam dates, selection process, salary, etc. at the linked article. 

LIC HFL Notification 2021:-Download PDF Here

Preparing for the upcoming LIC Housing Finance exam 2021??

Test your preparation with the Free Online LIC HFL Mock Test Series!

Also, refer to the links given below and ace the LIC HFL exam:

Life Insurance Corporation has released the admit card for LIC HFL Recruitment of Assistants, Associates, and Assistant Managers post.

For detailed information on various LIC exams, please check the linked article.

Table of contents

Apart from HFL, Life Insurance Corporation also conducts recruitment drive for other posts as well. They are:

  • LIC AAO– Assistant Administrative Officer
  • LIC ADO– Apprentice Development Officer

Candidates are suggested to check detailed information on LIC AAO exam and LIC ADO exam in the article linked above.

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LIC HFL Exam Dates

Life Insurance Corporation has released the official notification of LIC HFL recruitment 2021 to appoint Assistant Manager and Management Trainees. The notification was released on December 22, 2020, to fill in 20 vacancies.

Before this, the last recruitment was held in 2019-20 for LIC HFL Assistant Manager (Legal), and the notification for the same was released on October 8, 2019.

Given below are the important LIC HFL Dates for the IT Professionals recruitment 2021:

LIC HFL Exam Dates 2021 – IT Professionals (Management Trainee & Assistant Manager)
Phase of Exam Important Date
Official Notification December 22, 2020
Online Application Process December 22, 2020, to December 31, 2020

Important dates of LIC HFL recruitment 2019 is given below:

LIC HFL Recruitment Important Dates
Opening of online registration August 8, 2019
Last date to apply for LIC HFL exam September 26, 2019
LIC HFL admit card released September 9, 2019
LIC HFL exam October 9th & 10th, 2019
LIC HFL result date November 2019

LIC HFL Exam Recruitment & Notification

LIC HFL notification 2021 for 20 vacancies to appoint Assistant Manager and Management Trainees was released on December 22, 2020. Before this, the LIC HFL exam notification was released on August 8, 2019, to recruit a total of 300 Assistant, Assistant Manager and Associates in Housing Finance Limited.

Important dates of LIC HFL exam 2019 is listed below:

Name of Recruitment Exam LIC Housing Finance Limited Exam
Conducted by Life Insurance Corporation of India
LIC HFL Notification 2019 August 8, 2019
Vacancy 300 as per LIC HFL exam notification 2019
Last Date of Receipt of Application August 26, 2019
LIC HFL Admit Card on the official website September 9, 2019
LIC HFL Exam Date October 9th & 10th, 2019
LIC HFL result declaration December 2019

LIC HFL Exam Vacancy

Given below is the distribution of LIC HFL vacancies for 2019, 2018 and 2017.

LIC HFL Vacancy (year-wise)
2019 2018 2017
Associates- 75

Assistant- 125

Assistant Manager- 100

Associates- 50

Assistant- 150

Assistant Manager- 100

Associates- Nil

Assistant- 164

Assistant Managers- 100

Aspirants willing to appear for the LIC HFL Assistant Manager and Management Trainee post for the IT Professional cadre 2021, can check the vacancy distribution given below:

LIC HFL 2021 – Vacancy Distribution

Post

Number of Vacancies

Management Trainee 9
Information Security Engineer (Assistant Manager)  1
Web Developer (Assistant Manager) 4
Database Developer (Assistant Manager) 2
Database Administrator Engineer (Assistant Manager) 1
Mobile App Developer (Assistant Manager) 2
Web Content/Graphics Designer (Assistant Manager)  1

LIC HFL Application Fee

Aspirants of LIC HFL exams are required to pay a certain sum of money to apply for different posts.

The application fee to apply for LIC HFL exam as per the LIC notification for the three posts was:

  • Assistant-500/-
  • Associates-500/-
  • Assistant Managers-500/-

LIC HFL Salary

The remuneration of Assistant, Associate and Assistant Managers in HFL is set by Life Insurance corporation itself.

As per the official notification of Housing Finance Limited recruitment exam, the LIC HFL Salary for the three posts is given below:

LIC HFL Salary 
Posts HFL Assistant HFL Associates HFL Assistant Managers
Salary 23870/- 35960/- 56000/-

Candidates appearing for the LIC HFL 2021 exam for the recruitment of IT Professionals (Assistant Manager & Management Trainee) can check the salary details given below:

LIC HFL Salary 2021 [Assistant Manager & Management Trainee] IT Professional
Management Trainee 25,000 per month
Assistant Manager 10 to 14 lakhs per year

Candidates are suggested to check LIC HFL recruitment page for detailed information HFL salary and allowances, exam notification, state-wise vacancies, etc.

Bank Exams 2021

LIC HFL Eligibility Criteria

The LIC HFL eligibility criteria for the recruitment exam of HFL will be same for 2019 as in 2018 notification.

Aspirants of HFL exam must check the LIC HFL eligibility conditions for the three posts before applying for the exam.

Candidates have to satisfy the following conditions to qualify the LIC HFL eligibility criteria:

  1. A citizen of Indian Nationality
  2. Born on or after January 2, 1991, and not after January 1, 1998. The minimum age limit for LIC HFL exam is 21 years and maximum age limit is 28 years as on January 1, 2019.
  3. Must have knowledge of computer.

LIC HFL eligibility conditions for educational qualification for Assistant, Assistant Manager and Associates are tabulated below:

LIC HFL Eligibility In Terms Of Educational Qualification
Assistant Associates Assistant Manager
A graduate degree in any discipline from a recognized Government University with a minimum 55% aggregate marks. A graduate degree in any discipline from a recognized Government University with a minimum 60% aggregate marks.

And CA-Intermediate

A graduate degree in any discipline from a recognized Government University with a minimum 60% aggregate marks

And have completed 2 years full-time Post- Graduation course in any discipline with minimum 60% aggregate marks.

Salient points related to LIC HFL eligibility criteria is given below:

LIC HFL Eligibility Conditions 2020

LIC HFL 2020 – LIC Housing Finance Eligibility Criteria

LIC HFL Eligibility Criteria 2019

LIC HFL Exam Online Application

The candidates who are interested to sit for HFL recruitment exam 2021 can apply for the same only through online mode.

The steps to apply online for the LIC HFL exam is as follows:

  • Visit the official website of LIC i.e. www.lichousing.com
  • Go to the Careers page
  • Click on new registration
  • Enter the details asked like personal, academic and experience details
  • Upload Photograph and Signature
  • Submit application form
  • Pay the application fee
  • Take a print out of application form

LIC HFL Exam Pattern

LIC HFL recruitment exam is conducted in three-phase:

  1. HFL Online Examination
  2. Interview
  3. Medical test

Candidates who effectively qualify the online exam are called for personality test/interview round followed by the Medical fitness test.

  • The online exam is divided into 4 sections carrying the weightage of 200 marks.
  • It is an objective type paper with the multiple-choice question format.
  • Candidates are given 2 hours to complete HFL online exam.
LIC HFL Exam Pattern
Subjects Duration
English Language 35 Minutes
Logical Reasoning 35 Minutes
General Awareness 15 Minutes
Numerical Ability 35 Minutes
Total 120 Minutes

LIC HFL Syllabus

The LIC HFL Syllabus covers the following sections:

  • Reasoning
  • Numerical Ability i.e. Quantitative Aptitude
  • English Language
  • General Awareness

The topics covered in the above-mentioned sections are tabulated below:

LIC HFL Syllabus
Logical reasoning Analytic reasoning, figure series, direction test, coding-decoding, sitting arrangement, the odd man out, blood relations, causes and effect, assertion and reasoning etc
English Language Fill in the blanks, Synonyms and antonyms, Spotting grammatical errors, one-word substitution, Comprehensions etc.
General Awareness Economy, Banking, Sports, Computer Knowledge, Books and their authors etc.
Quantitative Aptitude Numerical ability -class X level

Aspirants of LIC HFL exam or any other exams under LIC can check the link for their Logical Reasoning preparation.

For detailed information on the HFL exam pattern along with the syllabus and preparation tips, candidates are suggested to check LIC HFL Syllabus page.

About LIC HFL Exam

HFL full form is Housing Finance Limited having its corporate office in Mumbai. HFL is a trusted and respected sister concern of Life Insurance Corporation of India.

The principal objective of HFL is to provide long term finance to individuals for the purchase or construction of flat or house for residential purposes and to those engaged in the development of residential buildings to be sold by them in India.

Not only limited to housing finances, but HFL also provides funding on existing property for business or personal needs, loans to professionals for construction or purchase of office space or equipment, etc.

Candidates who aspire for a job in housing finance have to fulfil the LIC HFL eligibility criteria.

The LIC HFL exam is conducted based on the requirement of the Life Insurance Corporation. Candidates must stay updated with the LIC HFL recruitment 2021 and prepare themselves well for the exam.

Related Links:

LIC ADO Mock Test LIC AAO Mock Test LIC AAO Preparation 

Frequently Asked Questions for LIC HFL Exam

Q 1. How can I get a job in LIC Housing Finance?

Ans. LIC releases notification to recruit candidates at various posts under LIC HFL. Candidates can download the official notification from the official website and then apply online for the exam.

Q 2. Is LIC HFL a Government job?

Ans. No, LIC HFL is not a Government job. The maximum shares for the insurance company are owned by the Government. Thus it comes under the category of semi-Government Organisation.

Q 3. What are the job responsibilities of Assistant in LIC HFL?

Ans. Given below are job responsibilities of an Assistant in LIC Housing Finance:

  • Maintaining Accounts
  • Perform the tasks assigned by their Managers
  • Assisting Senior Officers
  • Dealing with Customer Grievances
  • Processing Insurance Documentation
  • Handling Transactions

Q 4. Does the Assistant Manager in LIC HFL come under the Gazetted Officer category?

Ans. No, the Assistant Manager post in the LIC Housing Finance does not come under the Gazetted Officer category.

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