LIC HFL Junior Assistant Salary- Aspirants can view the complete LIC HFL Junior Assistant Salary details on this page. Successful candidates will begin with a monthly income between Rs 32000 and 35200, depending on the job location, urban classification, and allowable benefits like Housing Rent Allowance, Additional Perks, and Provident Fund contributions from the company.
LIC Housing Finance Limited is currently hiring for Junior Assistant positions. It is estimated that the initial yearly salary will be approximately Rs 4 lakh. To learn more about the LIC HFL Junior Assistant In-hand Pay, gross compensation, perks, work description, career progression, and promotion chances, continue reading down the page.
LIC HFL Junior Assistant Salary 2025
LIC Housing Finance Limited (LIC HFL) is one of the leading housing finance companies in India. It provides various career opportunities for aspiring individuals, and the Junior Assistant position is one such prominent role. If you’re looking to apply for this position, it’s important to know the salary structure, benefits, and career growth opportunities.
The LIC HFL Junior Assistant role offers a competitive salary package, along with various perks and benefits. Candidates selected for this position can expect a monthly salary ranging between Rs. 32,000 and Rs. 35,200, depending on the city of posting. The salary is structured to offer candidates a stable income while also providing ample growth opportunities over time.
LIC HFL Junior Assistant Salary 2025 Overviews
| Recruitment Agency | LIC Housing Finance Limited |
| Post Name | Junior Assistant |
| Monthly Pay | Rs 32000 and 35200 |
| Annual Salary | Rs 4 Lakh (Approx) |
| Perks | Gratuity, Mediclaim, TA, HRA, DA, Insurance, etc. |
| Category | Education News |
| Official Website | lichousing.com |
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Monthly Remuneration
The monthly remuneration for the Junior Assistant position at LIC HFL is based on the job location. The pay is divided into different components like Basic Pay, House Rent Allowance (HRA), Other Benefits, and the employer’s contribution to the Provident Fund (PF). Here’s the monthly breakdown of the salary for Junior Assistants in different city classifications:
| Particulars | Tier-I City | Tier-II City | Tier-III City |
| Basic Pay | Rs. 20,000 | Rs. 20,000 | Rs. 20,000 |
| HRA | Rs. 4,400 | Rs. 3,600 | Rs. 3,000 |
| Other Benefits | Rs. 8,400 | Rs. 7,600 | Rs. 7,000 |
| PF by LIC HFL | Rs. 2,400 | Rs. 2,400 | Rs. 2,400 |
| Monthly Salary | Rs. 35,200 | Rs. 33,600 | Rs. 32,400 |
| Yearly Salary | Rs. 4,22,400 | Rs. 4,03,200 | Rs. 3,88,800 |
| In-hand Pay | Rs. 32,800 | Rs. 31,200 | Rs. 30,000 |
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LIC HFL Junior Assistant Salary Structure
The salary structure for LIC HFL Junior Assistants is designed to provide a stable income and a comfortable work-life balance. The salary components include the following:
- Basic Pay: This is the fixed salary amount that forms the foundation of the overall remuneration package. For Junior Assistants, the basic pay is Rs. 20,000 across all cities.
- House Rent Allowance (HRA): Depending on the tier of the city, candidates will receive HRA. The amount ranges from Rs. 3,000 in Tier-III cities to Rs. 4,400 in Tier-I cities.
- Other Benefits: These benefits include allowances and bonuses like travel allowances, medical benefits, and other perks, varying from city to city. Tier-I cities offer Rs. 8,400, while Tier-III cities offer Rs. 7,000.
- Provident Fund (PF): A fixed contribution of Rs. 2,400 is made towards the Provident Fund for all locations.
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Perks & Allowances
LIC HFL offers several additional perks and allowances to make the Junior Assistant role even more attractive. These benefits enhance the overall compensation and provide a sense of security and well-being to employees. Here are some of the key perks:
- House Rent Allowance (HRA): This is provided to employees to help with their accommodation expenses based on the city classification.
- Provident Fund (PF): LIC HFL contributes towards the Provident Fund, ensuring that employees have financial security post-retirement.
- Gratuity: Employees are entitled to gratuity after completing a certain period of service, which serves as an end-of-service benefit.
- Mediclaim and Health Insurance: LIC HFL provides medical insurance coverage for employees, ensuring their health and well-being.
- Insurance: Employees are covered under a collective insurance policy that provides financial support in times of need.
- Travel Allowance (TA): LIC HFL provides travel allowances to employees who are required to travel for work-related purposes.
- Housing Loan Assistance: Given that LIC HFL is a housing finance company, it offers attractive housing loan schemes to its employees, which is a significant benefit.
- Performance-based Bonuses: Employees have the opportunity to earn performance-based bonuses, which further enhance their earnings.
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Work Profile of LIC HFL Junior Assistant
The role of a Junior Assistant at LIC HFL involves a variety of administrative tasks that contribute to the smooth functioning of the organization. The primary duties and responsibilities include:
- Loan Processing: Assisting with the processing of loan applications, ensuring that all paperwork and documentation are in order.
- Customer Support: Handling customer queries related to loan applications, account management, and providing assistance via calls and emails.
- Clerical Support: Providing general administrative and clerical support to various departments within the company.
- Additional Duties: Performing any other tasks or duties assigned by senior officials.
This role serves as an excellent starting point for those looking to build a long-term career with LIC HFL, with plenty of room for growth and advancement.
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Career Growth & Opportunities
One of the biggest advantages of working as a Junior Assistant at LIC HFL is the ample opportunity for career growth. With performance-based incentives and regular promotions, employees can advance within the organization. Over time, Junior Assistants may be promoted to higher positions such as Assistant Manager, Deputy Manager, or even Manager, based on their performance and experience.
Conclusion
The LIC HFL Junior Assistant role offers a lucrative and stable career with a competitive salary package. The salary structure, perks, and allowances make it an attractive option for candidates looking for a solid job opportunity in the housing finance sector. With a starting pay between Rs. 32,000 and Rs. 35,200, along with benefits like HRA, PF contributions, and health insurance, this position provides a balanced work-life experience and ample growth prospects.
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LIC HFL Junior Assistant Salary FAQ’S
What is the starting salary for a LIC HFL Junior Assistant?
The starting salary is between Rs. 32,000 to Rs. 35,200, depending on the job location.
What are the perks for LIC HFL Junior Assistants?
Perks include HRA, Provident Fund, Gratuity, Mediclaim, Insurance, and housing loan assistance.
What is the career growth potential for a Junior Assistant at LIC HFL?
Junior Assistants can be promoted to roles like Assistant Manager, Deputy Manager, or Manager based on performance.
What is the work profile of a LIC HFL Junior Assistant?
Responsibilities include loan processing, customer support, clerical assistance, and administrative tasks.
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