LIC HFL Salary 2018 for Assistant Associate Assistant Manager Pay Scale

LIC HFL Salary 2018 for Assistant Associate Assistant Manager Pay Scale: LIC Housing Finance Limited has released the notification for 300 Posts of Assistant, Associate and Assistant Manager. Those candidates who wish to apply for this vacancy, can check the salary & pay scale details from this page. Through the 2018 notification, LIC HFL has also notified about the salary, emoluments and pay scale details for these posts. This will let candidates how much salary they will be given when they got appointed for these posts. Do You want to know the salary of Assistant Post or Associate or Assistant manager post in LIC HFL. Do you want to know their Allowances, Gross Salary, Probation Period etc. details. Here you can check them all.

LIC HFL Salary 2018 for Assistant Associate Assistant Manager Pay Scale Emoluments Allowances benefits


Assistant:

  • Starting basic pay: Rs. 13,980/- per month
  • Pay Scale of 13980 - 860(1) - 14840 - 940(2) – 16720 - 1060(5) – 22020 - 1230(2) – 24480 - 1500(3) – 28980 - 1565(2) - 32110 and other admissible allowances as per rules.
  • Total emoluments per month: Approximately Rs. 22,257/-.


Associate:

  • Starting basic pay of Rs. 21,270/- per month
  • Pay Scale: 21270 - 1485(3) – 25725 - 1665(15) - 50700 and other admissible allowances as per rules. 
  • Total emoluments per month: Approximately Rs. 33,498/-.


Assistant Manager:

  • The starting basic pay of Rs. 32,815/- per month.
  • Pay Scale: 32815 - 1685(14) – 56405 - 1755(3) - 61670 and other admissible allowances as per rules.
  • Total emoluments per month: Approximately Rs. 52,200/- 


Benefits & Allowances:
Total Emoluments depends upon the place of posting. Other benefits includes Lunch Allowance, Provident Fund, Mediclaim, Gratuity, LTC, Group Insurance Scheme, Housing Loan, Performance Linked Incentive and other benefits as per rules.

Probation / Training Period for New Recruit
A newly joining Assistant or Associate will be put under a probation period of 6 months which can be extended to 6 more months.
Newly recruited Assistant Manager will be put in training period of one year as a Management Trainee. A consolidated salary of Rs. 25,000/- per month will be paid during this training period. There will be a probation period of 1 year (extendable to 1 more year). 

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