So, LIC Housing Finance Limited (LIC HFL) just dropped a recruitment notice for Junior Assistants. If you’ve nailed the exams and charmed your way through the interviews, you’re looking at a monthly paycheck somewhere between Rs 32,000 and Rs 35,200. Where you land in that range depends on whether you’re posted in a bustling metro or a quieter urban spot. Plus, they toss in some nice extras—house rent allowance (HRA), travel cash (TA), provident fund help, and a few other goodies. Curious about the gig itself? Let’s chat about it.
Last year, they said the yearly haul for this job was about 4 lakhs. Stick with me, and I’ll spill the beans on what you’ll take home, the perks, and what you’ll actually be doing day-to-day.
Quick Look at the Junior Assistant Pay
- Who’s Hiring: LIC Housing Finance Limited
- Job: Junior Assistant
- Monthly Cash: Rs 32,000 to Rs 35,200
- Yearly Total: Around 4 lakhs
- Extras: Gratuity, HRA, TA, PF, Insurance, Mediclaim, DA
- Check It Out: lichousing.com
What’s Hitting Your Bank Account?
Picture this: you’re hired, and your starting pay is around Rs 35,000 a month. Could be a little more or less depending on if you’re in a big city or not. On top of that, you’re getting HRA, TA, some insurance, mediclaim, and a company PF contribution. Oh, and there’s talk of a 10% bump every year—but only if you’re killing it at work.
How the Pay Breaks Down
Here’s the scoop on what you’re making monthly and yearly, depending on where you’re based. I’ve thrown it into a table so you can see the differences:
| What You Get | Big City (Tier-I) | Mid-Size (Tier-II) | Smaller Town (Tier-III) |
|---|---|---|---|
| Base Pay | Rs 20,000 | Rs 20,000 | Rs 20,000 |
| HRA | Rs 4,400 | Rs 3,600 | Rs 3,000 |
| Other Perks | Rs 8,400 | Rs 7,600 | Rs 7,000 |
| PF from LIC HFL | Rs 2,400 | Rs 2,400 | Rs 2,400 |
| Monthly Total | Rs 35,200 | Rs 33,600 | Rs 32,400 |
| Yearly Haul | Rs 4,22,400 | Rs 4,03,200 | Rs 3,88,800 |
| Cash in Pocket | Rs 32,800 | Rs 31,200 | Rs 30,000 |
That “cash in pocket” bit? That’s what you’re left with after they take out taxes and stuff. Big cities give you the most, while smaller towns trim it down a little.
What’s the Job Like?
Alright, so what’s a Junior Assistant do at LIC HFL? It’s the entry-level gig, the one where you’re keeping the wheels turning. You’ll be teaming up with senior folks and handling some everyday stuff like:
- Helping out with loan paperwork and keeping things moving for the managers.
- Picking up the phone or sorting out questions about loans and accounts.
- Doing some clerical grunt work for the bosses.
- Jumping on whatever random tasks they throw your way.
It’s the kind of role where you’re pitching in all over the place, making sure the basics are covered.