LIC HFL Junior Assistant Salary 2024: The LIC Housing Finance Limited (LIC HFL) is currently in the process of recruiting Junior Assistants. This position is highly sought after due to its attractive salary package and benefits. The starting salary for Junior Assistants ranges from Rs 32,000 to Rs 35,200 per month, depending on the location. Below, we provide a detailed overview of the salary structure, in-hand salary, and additional perks associated with the position.
LIC HFL Junior Assistant Salary Overview
For 2024, the salary for Junior Assistants at LIC HFL is competitive and designed to attract fresh talent. The total remuneration includes various components such as basic pay, allowances, and benefits.
| Organization Name | LIC Housing Finance Limited |
| Post Name | Junior Assistant |
| Monthly Remuneration | Rs 32000 and 35200 |
| Allowances | Gratuity, DA, Mediclaim, TA, HRA, Others |
| Website Link | https://www.lichousing.com/ |
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Monthly Salary Breakdown
The monthly salary for Junior Assistants varies based on the city category:
| City Category | Basic Pay (Rs) | HRA (Rs) | Other Benefits (Rs) | Gross Salary (Rs) | In-Hand Salary (Rs) |
| Tier I | 20,000 | 4,400 | 8,400 | 35,200 | 32,800 |
| Tier II | 20,000 | 3,600 | 7,600 | 33,600 | 31,200 |
| Tier III | 20,000 | 3,000 | 7,000 | 32,400 | 30,000 |
Annual Package
The annual package for a Junior Assistant is approximately:
- Tier I: Rs 4,22,400
- Tier II: Rs 4,03,200
- Tier III: Rs 3,88,800
LIC HFL Junior Assistant Salary Structure
The salary structure for Junior Assistants includes the following components:
- Basic Pay: Fixed component of the salary.
- House Rent Allowance (HRA): Varies based on the city of posting.
- Other Benefits: Includes various allowances as per company policy.
- Provident Fund (PF): The company’s contribution to the employee’s PF account.
Perks and Allowances
In addition to the salary, LIC HFL Junior Assistants enjoy several perks, including:
- Dearness Allowance (DA): Adjusted quarterly based on the Consumer Price Index (CPI).
- Medical Benefits: Comprehensive health insurance for employees and their dependents.
- Leave Travel Concession (LTC): Covers travel expenses for employees and their families.
- Gratuity: A lump sum payment upon retirement or resignation after completing the minimum service period.
- Performance-Based Incentives: Eligible for annual increments based on performance, typically up to 10% of the total annual salary.
Job Profile of LIC HFL Junior Assistant
The role of a Junior Assistant is vital for the smooth operation of LIC HFL. Key responsibilities include:
- Clerical Duties: Managing records, data entry, and document filing.
- Customer Service: Assisting customers with inquiries and providing information about products and services.
- Financial Transactions: Handling cash receipts and payments, maintaining accounts.
- Support to Senior Officers: Assisting in daily tasks and preparing reports.
- Document Verification: Processing loan applications and verifying financial documents.
- Office Management: Coordinating with various departments and managing office supplies.
Career Growth Opportunities
Junior Assistants at LIC HFL have ample opportunities for career advancement. With experience and strong performance, they can progress to higher positions such as Assistant, Associate, and Manager. The organization also encourages further education and training to enhance employees’ skills.
Conclusion
The LIC HFL Junior Assistant position offers a competitive salary and numerous benefits, making it an attractive career option for fresh graduates. Interested candidates should consider applying for this position to take advantage of the opportunities available within LIC HFL.
For more information and updates, please visit the official LIC HFL website: LIC HFL Official Website.
