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Table Of Contents

LIC HFL Exam Pattern 2023

We have provided the Exam pattern of the LIC HFL exam in the official notification. The selection process is two-stage for all the posts. First, there is an online examination; qualified candidates will then be called for an interview. The merit list will be made from the combined marks of the Online examination and interview.

LIC HFL Online Examination Pattern

S. No






English Language



35 minutes


Logical Reasoning



35 minutes


General Awareness (with special emphasis on Housing Finance Industry)



15 minutes


Numerical Ability (For Assistant)/ Quantitative Aptitude (For Assistant Manager)



35 minutes




120 minutes


LIC HFL Study Notes PDFs for English Section

There will be a total of 50 questions asked from the English language section in the LIC HFL Online Exam. Here we have provided the study notes for the English section of the LIC HFL Exam that will help the candidates to score 50/50 marks in the English section.

LIC HFL English Topics

LIC HFL English Study Material PDF

Reading comprehension

Types of Passages, How to Tackle Reading Comprehension?

Para jumbles

Concepts, types, and approach

Cloze test

Meaning, Concepts, Link the Sentences Together, Eliminate Options

Fill in the Blanks

Meaning, Concepts, Important Fill in the Blanks Topics

Error spotting

Meaning, Concepts, Tips for Error Spotting, Strategies to be used

Paragraph completion

Stepwise approach for Para-Completion questions, Tips & Tricks for solving Para completion

Sentence connectors

Meaning, Concepts, what exactly are Sentence Connectors?

Sentence Rearrangement

Types of sentence rearrangement questions, correct approach to solve the questions

Idioms & Phrases

Important Idioms and Phrases

One Word Substitution

Types of One-word substitution and examples

Synonyms & Antonyms

Important Synonyms & Antonyms

Miscellaneous (Grammar) - Verb

Meaning, Concepts, Practice Questions

Miscellaneous (Grammar) - Adjectives

Meaning, Degrees of Adjectives, Forming Comparative and Superlatives of Irregular Adjectives

Miscellaneous (Grammar) - Adverbs

Meaning, What do Adverbs modify?Rules

Miscellaneous (Grammar) - Articles

A, An, The, Rules, Examples

Miscellaneous (Grammar) - Conjunctions

Coordinating Conjunctions, Correlative Conjunctions, Subordinating Conjunctions

Miscellaneous (Grammar) - Noun

Kinds of Noun, Types of Noun, Rules for Singular and Plural Nouns

Miscellaneous (Grammar) - Preposition

Meaning, Uses, Prepositions, or conjunctions?

Miscellaneous (Grammar) - Pronoun

Meaning, Types of Pronouns, Practice Questions

LIC HFL Study Notes PDFs for Quantitative Aptitude

There will be a total of 50 questions from the Quant section. Here we have provided the study notes for the Quant section of the LIC HFL Online exam that will help them to score full marks in the Quant section.

LIC HFL Quantitative Aptitude Topic

LIC HFL Study Material PDF

Algebraic Equations

Linear Equation, Quadratic Equation, Methods to solve quadratic equation


Helping Hands, Addition, Subtraction, Multiplication, etc.

Ratio and proportion

Meaning, Concepts, Compounded Ratio, Some Important Questions


Fractions and Percentages, Important Fraction to Percentage Conversions


Concepts, Important Formulae Related to Average of numbers


Important Terms, Formula, Solved Examples

Profit and Loss

Profit and Loss terminologies, Some Important Concept, Some Formulae

Time and work

Concepts, Basic Questions, When three persons do a work, Questions Based on Efficiency

Pipes and cisterns

Concept, Basic Questions, Work Alternately, etc.

Problems on age

Concepts, Smart methods to solve

Problems on train

Concepts, Solved Examples, Smart Method to Solve

Mixture of allegation

Allegation, Mean price, Basic Formula, Mixture of more than two elements, etc.

Time, speed & distance

Definition, Unit Conversions, Ratios of Speed, Distance and/or Time, Average Speed, etc.


Triangle, Square, Rectangle, Parallelogram, Rhombus, Trapezium, Circle, etc.


Concepts, Solved Examples, Types of questions asked in the exam

Number Series

Meaning, Different types of Number Series, Type of questions asked in the exam

Number System

Meaning, Different types of Number System, Types of questions asked in the exam

Data interpretation

Concepts, Types of Data Interpretation, Caselet DI

Simple and Compound interest

Definition, Tree-method, Effective Rate Method, Installment, etc.

Permutation, combination & probability

Meaning, Concepts, Permutation vs Combination

LIC HFL Study Notes PDFs for Reasoning Ability

There are a total of 50 questions asked from the Reasoning Ability section in the LIC HFL exam. We have provided here, the topic-wise study notes for the reasoning section of the LIC HFL Online Exam that will help them to build good reasoning ability.

LIC HFL Reasoning Topic

LIC HFL Study Material PDF


Basic Syllogism, Syllogism Possibility, New Keywords, Reverse Syllogism


Important symbols and their meaning, Basic Inequality, Coded Inequality

Direction and Distance

Directions, Types of Questions

Blood relation

Important Symbol and their meaning, Pointing or Introducing, Family Tree

Alpha-numeric series

Alphabet Test, Number Series, Alphabet Series, Mixed Series

Order and ranking

Total Number of persons, Rank of a person from the left or right side


Floor Puzzle, Scheduling Puzzle, Day Based Puzzle

Seating arrangement

Linear Arrangement, Circular Arrangement, Polygonal Arrangement, Triangular Arrangement


Machine Input, Some Important Tips, Key Factors

Coding decoding

Letter to Letter Coding, Letter to Number Coding, Substitutional Coding

Data sufficiency

Relationships, Dates, Comparison, Figures

Reasoning Analogy

Types of Analogy questions, Tips & Tricks to solve Reasoning Analogy, Solved examples

Classification (Word, Number, Figural)

Questions on classification, choosing the odd pair of words, choosing the odd letter group

Venn Diagrams

Different types of questions based on Venn diagrams and solved examples

Mathematical Operations

Methods to solve mathematical operations questions

Statement and Conclusion

Concept, tips & tricks to solve statement and conclusion questions

Calendar & Clock

Concept, the basic structure of calendar and solved examples

LIC HFL Study Notes PDFs for General and Financial Awareness

There are a total of 50 questions on General Awareness asked in the LIC HFL Online exam. The candidates must be well acquainted with banking terms and other general things related to banking and financial awareness.

LIC HFL General Awareness Topic

LIC HFL Study Material PDF

Banking Awareness

      History of banking in India, Important functions of the bank, Types of bank

Important Abbreviations - Banking & Finance

      Abbreviations of Banking and Finance

      History of banking in India

      Banking Sector in India

Indian Economy

      Economics NCERT for UPSC

      Indian Economy Notes

      History of banking in India

      Banking Sector in India

Current Affairs

      Daily News Analysis and Current Affairs

      The Hindu newspaper and editorial analysis

      Government Scheme Notes

Financial System

      Financial Institutions





      Monetary Polity

      RBI Act

Financial Markets

      Financial Markets

      Primary Market

      Secondary Market

      Financial Market Instruments

General topics

      Banking Sector

      Basics of Derivatives

      Global financial markets and International Banking

      Financial Inclusion

      Corporate Governance

      Union Budget – Concepts, approach and broad trends


      WPI, CPI


      Financial Sector Reforms


Aspirants should study all the subjects of the LIC HFL exam from the above-provided notes. They must practice as many questions as they can and stay focused, make a study plan and stick to it, and that will help them score well in the examination.


Ques. What are the stages of the LIC HFL exam?

Ans. LIC HFL Exam follows a two-stage selection process, namely:

1.    Online Examination.

2.    Personal Interview.

Ques. Which books can we refer to for LIC HFL Online Exam preparation?

Ans. Students can refer to the following books for LIC HFL Online Exam preparation:

      Objective General English by SP Bakshi

      Verbal and Non-Verbal Reasoning by R S Aggarwal

      Tricky Approach to Competitive Reasoning Verbal and Non-Verbal by Kiran Prakashan

      Quantitative Aptitude for Competitive Exam by R.S. Agarwal

      Current Affairs by Lucent

      Economics NCERT for class 11th and 12th

Ques. Is LIC HFL tough to crack?

Ans. The competition level for LIC HFL is higher as compared to other banking exams because of the less number of vacancies. LIC HFL online examination is the most difficult phase of the exam to crack. Students have to do a lot of problem-solving practice in order to get selected for the interview. However, through proper preparation and strategy, students can easily crack the LIC HFL exam.

Ques. How much time is required for LIC HFL preparation?

Ans. At least 2 months of preparation and hard work are required to successfully crack the LIC HFL exam. The syllabus of LIC HFL is similar to other banking exams. During the first month, students should prepare for the aptitude part, and during the second month, they should cover the general awareness part and practice the mock tests.

Ques. How to prepare General and Financial Awareness for LIC HFL?

Ans. 50 questions on General and Financial Awareness are asked in the LIC HFL exam. Students can use the following books to prepare for General and Financial Awareness for LIC HFL:

      Indian Economy by Ramesh Singh

      Economics NCERT for classes 11th and 12th

      Current Affairs Magazines

      LIC HFL website notifications and circulars.

      Economic Survey

      Union Budget

Important Government Exams







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