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20 Management Trainee & Assistant Manager Vacancy – LIC Housing Finance Limited,All India

Last Date:31 December,2020
LIC Housing Finance Limited
All India

LICHFL Assistant Manager Notification 2020 is open and inviting application for the posts of 20 Management Trainee & Assistant Manager Vacancy from MCA, B.E. / B. Tech / B. Sc in related Subjects pass candidates interested in sarkari result LICHFL Assistant Manager Online application can apply before 31 December 2020. Please go through this article and follow each tables for full vacancy details, educational qualification, eligibility criteria, pay scale, salary and How to apply LIC Housing Finance Limited LICHFL Assistant Manager job opening at official website www.lichousing.com

Employment Notification 20 Management Trainee & Assistant Manager Vacancy – LIC Housing Finance Limited,All India

JOB DETAILS:
Name of the post – Management Trainee & Assistant Manager
No of post –20
Pay Scale – 25000/- Per Month

Educational Qualification:
MCA, B.E. / B. Tech / B. Sc.

Apply to 20 Management Trainee & Assistant Manager Vacancy – LIC Housing Finance Limited,All India

General Information:

  • All the educational qualifications mentioned should be from a University/Institute/Board recognised by Govt. of India/approved by Govt. Regulatory Bodies and the final result should have been declared on or before 01.12.2020.
  • Proper document from Board/University for having declared the result on or before 01.12.2020 has to be submitted at the time of interview. The date of passing the eligibility examination will be the date appearing on the mark-sheet or provisional certificate issued by University/Institute. In case the result of a particular examination is posted on the website of the University/Institute and web based certificate is issued then proper document/certificate in original issued and signed by the appropriate authority of the University/Institute indicating the date of passing properly mentioned thereon will be reckoned for verification and further process.
  • Candidate should indicate the percentage obtained in Graduation/Post-graduation calculated to the nearest two decimals in the online application. Where CGPA/OGPA is awarded, the same should be converted into percentage and indicated in online application. If called for interview, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms.
  • Calculation of Percentage: The percentage marks shall be arrived at by dividing the total marks obtained by the candidate in all the subjects in all semester(s)/year(s) by aggregate maximum marks (in all the subjects irrespective of honours/optional/additional optional subject, if any) multiplied by 100. This will be applicable for those Universities also where Class/Grade is decided on basis of Honours marks only. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60%.

Selection Process:

Vacancy Notice 20 Management Trainee & Assistant Manager Vacancy – LIC Housing Finance Limited,All India

  • Interested candidates should submit the resume on our website www.lichousing.com (Careers: Submit Resume) along with the duly filled application form.
  • The applicants who have not filled the form or the form is incomplete will not be considered for the selection process.
  • All the eligible and shortlisted candidates from the applications received will be required to undergo the Online Technical Skill Test at the selected location. The location has to be selected by the candidate while submitting the application form. The Online Technical Skill Test will be of 50 Marks.
  • The shortlisted candidates based on the merit list of Online Technical Skill Test will be called for Interview in Mumbai. The Interview will be of 50 Marks.
  • Final selection of the candidates will be done on the basis of combined scores of Online Technical Skill Test and Interview.

About Us:

  • LIC Housing Finance Limited (LIC HFL) is one of the largest Housing Finance Mortgage loan companies in India having its Registered and Corporate office at Mumbai. LIC HFL is a subsidiary company of LIC.
  • The main objective of the company is to provide long term financing to individuals for purchase or construction of houses or flats for residential purpose; the company also financing for the purpose of repair and renovation of existing flats and houses. The NBFC also provides financing on existing property for business and personal needs, and gives loans to professionals for purchase or construction of Clinics, Nursing Homes, Diagnostic Centres, Office Space and also for purchase of equipments. The Company is very well known for providing long term financing to individuals engaged in the business of construction of houses or flats for residential purpose. LIC of India also holds promoter and controller status in IDBI Bank Ltd from January 2019.
  • The company was incorporated on June 19, 1989, under the Companies Act, 1956. It is promoted by Life Insurance Corporation of India and went public in the year 1994. The maiden global depository receipt (GDR) issue was launched in 2004.The Authorized Capital of the Company is Rs.1500 Million (Rs.150 crore) and its paid-up Capital is Rs.1009.9 Million (Rs.100.99 crore). The Company is registered with National Housing Bank and listed on the National Stock Exchange (NSE) & Bombay Stock Exchange Limited (BSE) and its shares are traded only in Demat format. The GDR’s are listed on the Luxembourg Stock Exchange.
  • In FY-2019, It has 9 regional offices, 23 back-offices and 273 marketing Offices across India.It also has 2 foreign offices in Kuwait and Dubai to cater to the Non-Resident Indians in the Persian Gulf countries covering the residents of Bahrain, Dubai, Kuwait, Qatar and Saudi Arabia. It has more than 450 centres across India. Company also has more than 12000 marketing intermediaries or agents to guide through the loan processes. It also has online home loan approvals facility through its website.
  • The equity shares of LIC HFL are listed on Bombay Stock Exchange and the National Stock Exchange of India. Its Global depository receipts are listed on the Luxembourg Stock Exchange.
  • The company had 1345 employees as on 31 March 2013, out of which 444 were women (31%) and 4 were employees with disabilities.
  • In its Annual report for FY 2012-13, the company reported that loan assets per employee as at 31 March 2013 were Rs. 53.63 crore and net profit per employee was Rs. 70.51 lakh.In the same financial year, it incurred INR 98.15 crore on employee benefit expenses.

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