LIC HFL Junior Assistant Salary 2024: The Life LIC Housing Finance Limited (LIC HFL) Junior Assistant posts unlock lucrative salary packages, steady career growth, and various benefits for all qualified candidates. The starting salary package of selected candidates typically ranges between Rs 32,000 and Rs 35,200 and the annual package will be approximately Rs 4 lakh per annum. Scroll down the page to learn about the LIC HFL Junior Assistant basic salary, in hand pay, allowances, job profile, career growth & promotion.
LIC HFL Junior Assistant Salary 2024
Life Insurance Corporation of India has published the LIC HFL Junior Assistant Notification 2024 for 200 vacancies. All the appointed candidates will initially receive a salary in the range of Rs 32,000 to 35,200 (depending upon the place of posting, city Category and admissible benefits like HRA, Other Benefits, and PF-Company Contribution). Every year, based on quarterly/annual performance, employees will be eligible for increments up to 10% on the “total annual” salary. Read on for more information about the LIC HFL Junior Assistant salary and other related details.
LIC HFL Junior Assistant Salary Structure
The LIC HFL Junior Assistant salary structure comprises basic pay, HRA, other benefits, PF-Company contribution, annual package, and in hand salary. The total emoluments per month will be in the range of 32,000 to 35,200. However, the actual salary is also influenced by the place of posting (city category-based). Check the LIC HFL Junior Assistant salary structure tabulated below.
| City Category | Basic Pay | HRA | Other Benefits | PF - Company contribution | Total - Monthly | Annual | Salary - in hand – Monthly (Excluding applicable Taxes) |
| I | 20,000.00 | 4,400.00 | 8,400.00 | 2,400.00 | 35,200.00 | 4,22,400.00 | 32,800.00 |
| II | 20,000.00 | 3,600.00 | 7,600.00 | 2,400.00 | 33,600.00 | 4,03,200.00 | 31,200.00 |
| III | 20,000.00 | 3,000.00 | 7,000.00 | 2,400.00 | 32,400.00 | 3,88,800.00 | 30,000.00 |
LIC HFL Junior Assistant Salary Per Month
The LIC HFL Junior Assistant in hand salary is typically the combination of basic pay and other benefits, which are subtracted from admissible deductions such as PF, tax, etc. The LIC HFL Junior Assistant salary per month ranges between Rs 32,000 and Rs 35,200 (depending upon the place of posting, City category-based). Apart from the basic pay, they will also be eligible for various benefits in the salary package.
LIC HFL Junior Assistant Salary: Perks & Allowances
Candidates aspiring for the upcoming LIC HFL Junior Assistant post must plan a top-notch preparation strategy to excel in the exam. LIC HFL Junior Assistant salary comes along with attractive benefits and job security. Here is the list of perks and allowances involved in the LIC HFL Junior Assistant salary package as per the applicable rule below.
- House Rent Allowance (HRA)
- PF-Company contribution
- Mediclaim
- Gratuity
- Group Insurance Scheme
- Housing Loan
- Performance incentives, etc
Note: Lease facilities and staff quarter facilities are not applicable for junior assistant cadres.
LIC HFL Junior Assistant Job Profile
A Junior Assistant at LIC HFL is an entry-level position that offers assistance to different departments within the organisation. The roles and responsibilities involved in the LIC HFL Junior Assistant Job Profile are discussed below.
- To provide clerical and administrative support such as data entry, maintaining files and records, etc.
- To respond to phone calls and emails, and address customer inquiries associated with loan applications or account management.
- To provide support in loan processing, such as collecting and verifying documents, or preparing loan files.
- To perform all other tasks assigned by the manager.
Candidates preparing for Banking must attempt Jagran Josh Mock Test based on updated exam pattern
LIC HFL Junior Assistant Probation Period
A junior assistant at LIC HFL will have to undergo probation for a certain period after joining the post. The LIC HFL Junior Assistant probation period will be 6 months from the date of joining, which may be extended as per the rules.
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