For the Junior Assistant post, LIC Housing Finance Limited has 200 openings. Before applying, those who are qualified and interested in the LIC HFL Recruitment 2024 are curious about the pay scale. The range of the net LIC HFL Junior Assistant Salary for 2024 is Rs. 32,000 to Rs. 35,200, contingent on the posting location.
In addition to basic pay, the overall benefits comprise PF – Company contribution, HRA, other perks, and basic pay. In addition to the pay scale, candidates should be aware of the job description and potential for advancement within the company. An extensive summary of the LIC HFL Junior Assistant Salary 2024 is given in the article that is linked.
LIC HFL Junior Assistant: Overview
| Name Of the Department | LIC |
| Post Name | Junior Assistant |
| Total Seats | 300 |
| Total Salary | Rs.32,000-Rs.35,200 |
| Allowances | Gratuity, PF, Medical, and More |
| Official Portal | www.lichousing.com |
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LIC HFL Junior Assistant Salary Structure
Junior assistant salaries at LIC HFL are structured to offer a competitive and alluring benefits package. An LIC HFL junior assistant’s base wage is Rs. 20,000, and their total compensation is expected to be between Rs. 32,000 and Rs. 35,200. These are the main elements of the pay:
| Component | Amount |
| Basic Pay | ₹20000 |
| HRA | ₹4400 |
| Other Benefits | ₹10800 |
| Gross Pay | ₹35200 |
| Less: PF Contribution | ₹2400 |
| In hand Salary | ₹32800 |
LIC HFL Salary Perks & Allowances 2024
As a proportion of base salary, the Dearness payment (DA) is a cost of living adjustment payment. Consumer Price Index (CPI) data is used to update it every quarter.
- Health Benefits: The employee’s dependents are covered by health insurance.
- Travel expenditures for employees and their families to their hometown or any other location in India are covered by Leave Travel Concession (LTC), which is available to eligible workers.
- Employees and employers contribute a certain proportion of their base income to the Provident Fund (PF), a required retirement savings plan.
- A one-time payment given to workers upon their retirement or resignation if they have fulfilled a minimum service requirement is known as a gratuity.
Job Profile of LIC HFL Junior Assistant
The junior assistant position at LIC HFL is essential to the organization’s efficient operation. The primary duties consist of:
- Document filing, data entry, and record management are examples of clerical duties.
- Customer service includes answering questions from clients, giving product and service details, and resolving problems.
- Financial Transactions: Payroll, accounts, and cash counter management are handled.
- Support for Senior Officers: Completing daily activities, writing reports, and carrying out other administrative responsibilities for senior officers.
- Verifying and processing loan applications, other financial paperwork, and other documents is known as document verification.
- Office management is the process of ensuring that the office is organized, working with different divisions, and keeping an eye on supplies.
- Calling clients in regular and default circumstances for EMI is a necessary part of maintaining regular follow-up.
LIC HFL Junior Assistant Career Growth and Opportunities
There are several chances for career advancement for a junior assistant at LIC HFL. Higher roles like assistant, associate, and manager can be attained with experience and performance. To advance their expertise and abilities, LIC HFL also encourages its staff members to seek additional education and training.
LIC HFL Junior Assistant Probation Period
Junior Assistants at LIC HFL have a six-month probationary period starting on the day of hire. Depending on the company’s policies and performance reviews, it might be extended after this first time.
FAQ:
Q: What is the Junior Assistant at LIC HFL’s starting base pay?
Ans: ₹20,000 is the junior assistant position at LIC HFL’s starting base wage.