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LIC HFL Job Profile 2023

The selected participants will be considered trainees in the probation period during which they learn basic skills and adjust to the company environment.

LIC HFL Assistant: Job Profile

LIC HFL Assistants look after the Customer Service and solve the problems of the customers. As a LIC HFL Assistant, they also will review the documentation of insurance, also manage documents relating to Sales, policies, settlements, claims and so on. All the online and offline transactions will be taken care of by them. Apart from this, other duties aligning the job profile will be looked after by them from time to time.

LIC HFL Associate: Job Profile

The position of an Associate is a little higher than that of the assistant in the hierarchy. LIC HFL Associates look after Sales. They will need to cross-sell the insurance policies, and counsel better opportunities to clients constantly. They will also look after the administrative aspect of the job. They may get more specialised duty while handling administrative concerts entrusted via the superior authorities.

LIC HFL Assistant Manager: Job Profile

The job description of LIC HFL Assistant Manager differs from one department to another. Since the role of an Assistant Manager is hierarchically higher than an Assistant or an Associate, hence their job involves managing the work done by the assistants and associates. Other than that a LIC HFL Assistant Manager, will be expected to do the following jobs broadly:-

      Receiving and screening home loan applications,

      Evaluation of creditworthiness and goodwill of clients,

      Recommendation and sanctioning of loan approvals.

      Managing Sales targets and promotions.

Benefits for Employees

The following are the key benefits enjoyed by every employee working under LIC HFL:

      Lunch Allowance

      Provident Fund

      Mediclaim, Gratuity

      Leave Travel Concession (LTC)

      Group Insurance Scheme

      Housing Loan

Performance Linked Incentive and other benefits as per rules.

Since LIC jobs come under the purview of the Central Government, these are the basic amenities that all employees enjoy irrespective of their position on the pyramid of hierarchy.

Salary of LIC HFL Assistant

The basic pay for a LIC HFL Assistant starts with Rs. 13000 per month.

LIC HFL Assistant Salary PayScale


An increment of Rs.860/- for one year


An increment of Rs.940/- for the next two years


An increment of Rs.1060/- for the next five years


An increment of Rs.1230/- again for the next two years


An increment of Rs.1500/- for the next three years


An increment of Rs.1565/- for the next two years

Allowances of LIC HFL Assistant

The allowances are provided depending upon the place of posting and other such factors.

Salary of LIC HFL Associate

The basic pay for LIC HFL Associate starts with Rs. 21,270/- per month.

LIC HFL Associate Salary PayScale


An increment of Rs.1485 for three years

Rs. 25725

An increment of Rs.1665 for the next fifteen years


Allowances of LIC HFL Associate

The allowances will be paid as per the LIC HFL rules. As an Associate, you will also be entitled to monthly emoluments that depend upon the place of posting.

Salary of LIC HFL Assistant Managers

The basic pay of LIC HFL Assistant Manager starts with Rs.32,815/- per month.

LIC HFL Assistant Managers Salary PayScale

Pay Scale: Rs.32815

An increment of Rs.1685 for fourteen years

Rs. 56405

An increment of Rs.1755 for next three years

Basic pay after three years becomes Rs. 61,670

Allowances of LIC HFL Assistant Managers

The allowances will be paid as per the LIC HFL rules, along with which they will also be entitled to monthly emoluments that depend upon the place of posting.

In order to enjoy the basic pay and several allowances and perks, aspirants need to work hard and get a good score. Also referring to the previous year’s papers help enhance candidates’ preparations.


Ques. When will the official notification for LIC HFL 2023 be out?

Ans. The official notification is expected to be out by August of 2023 tentatively.

Ques. Is LIC HFL a contract based opportunity?

Ans. No, LIC HFL only offers full-time employment opportunity as Assistant, Associate and Assistant Managers.

Ques. How to apply for LIC HFL 2023?

Ans. After the official notification is out, you can find the application form for LIC HFL 2023 recruitment on the official website. You can visit the website by clicking here.

Ques. What is the probation period for an Assistant Manager?

Ans. The Assistant Manager works for one year under probation as a Management Trainee.

Ques. What are the ways of getting promotions in LIC HFL?

Ans. One can appear in the exams that are conducted annually by LIC HFL or you can get promoted by optimizing your performance.

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