LIC HFL Junior Assistant Salary 2024, Check Job Profile & Perks!

LIC HFL Junior Assistant Salary

The LIC HFL Junior Assistant Salary 2024 has been notified through the official notification on the website of LIC, HFL. The qualifying candidates will be getting an entitlement to a monthly salary which will range between INR 32,000 to INR 35, 200. Moreover, it will also include certain allowances and perks such as house rent allowance, medical allowance & dearness allowance etc.  Apart from this, the candidates will have to perform several duties such as ensuring that programs and policies of the government are carried out. Moreover, their duties will include processing loan applications, checking paperwork, and making sure rules are being followed.

Apart from this, they will also be responsible in helping with the office administration duties such as appointment setting, meeting planning, and filing. Examine the salary, job profile and in-hand salary specifics closely from the article below. Visit the official website!

LIC HFL Junior Assistant Salary 2024

You must gauge the salary specifics thoroughly in order to avoid any errors.  The LIC HFL Junior Assistant Salary 2024 will also include an in-hand salary with allowances as an entitlement for all the Junior Assistant positions. Apart from that, the salary will be according to the 7th Pay Commission. Moreover, the candidates after selection will have to perform several important duties such as Life Insurance Corporation, Housing finance Limited’s Junior Assistant position. 

This implies that the overall salary will range between Rs 32,000 to Rs 35,200 for the position.

LIC HFL Junior Assistant In-hand Salary

The employees classified as Junior Assistants by LIC Housing Finance Limited are compensated well. It is imperative for prospective candidates to be current on the LIC HFL Junior Assistant compensation scale, job description, and possibilities for professional advancement. Depending on where the job is posted, the chosen candidate may receive a total compensation between INR 32,000 to INR 35,200. Basic pay, HRA, various benefits, and the corporate contribution to PF are all included in the net wage.

LIC HFL Junior Assistant Allowances

As with any government job, there are numerous benefits associated with a LIC HFL Junior Assistant’s position. The Junior Assistant’s salary includes perks that are entitled to be included in the compensation package for employees. A few of them are housing allowances, dearness allowances, pensions, etc. For more information, see the section below.

  • Dearness Allowance (DA): This allowance is given out to offset inflation and is updated on a regular basis in accordance with the cost of living index.
  • House Rent Allowance (HRA): This amount varies by posting city and is given to pay rental expenses. Whether the posting is in an urban, semi-urban, or rural location will determine the HRA proportion, which can be anything between 8% and 24% of the base pay.
  • Medical stipend: To help with medical costs for the LIC HFL Junior Assistant positions and their family, a set monthly stipend is provided.
  • Transport Allowance: This benefit pays for transportation costs and is based on the distance and posting place.
  • Generous leave entitlements ensure ample time for relaxation. 

LIC HFL Junior Assistant Job Responsibilities

The LIC HFL Junior Assistant officers after getting selected will be playing a major role as they will perform several duties. Refer to the pointers below to know the significance of their job responsibilities & job profile. 

  • Corresponding with clients to resolve complaints, make payments, and ask questions about loans.
  • Keeping precise records of all transactions and client data.
  • Processing loan applications, checking paperwork, and making sure rules are being followed.
  • Helping with office administration duties such as appointment setting, meeting planning, and filing.
  • Handling financial transactions and keeping track of monetary amounts.
  • Utilizing software for messaging, report creation, and data entry.
  • Supporting sales initiatives and advertising the goods and services of the business.
  • Collaborating with peers to accomplish company objectives and guarantee seamless functioning.
  • Following corporate rules, processes, and legal requirements in all dealings and communications.
  • Addressing concerns raised by clients and finding efficient solutions to keep them satisfied. 

LIC HFL Junior Assistant Job Growth

The LIC HFL Junior Assistant positions will offer multiple and substantial opportunities for career growth and professional development. After selection, the candidates will start as an entry-level officer and gradually they can progress to higher administrative roles. Moreover, there are promotions, increments and bonuses on the basis of successful performance. Apart from this, there are regular departmental examinations and candidates can take part in these exams. With insightful experience, officers can attain senior positions such as Senior Assistants and Managers. Furthermore, ongoing workshops and training programs improve their knowledge and abilities, setting them up for bigger and more important tasks. In addition, the position provides a steady and safe career path along with a host of benefits like pension plans, allowances, and pay raises. All things considered, the LIC HFL Junior Assistant job profile offers a dynamic and upward-pointing growth trajectory.

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Hopefully, this information was useful for all the aspiring candidates preparing for the government exams. Check DailyExamNews to stay informed about the latest recruitments, tests, vacancies, and developments regarding government exams.