15 Jan

Wage Revision 2017 in LIC & GIC (GIPSA) – All Updates

Next Wage Revision in LIC & GIC is due on 1.08.2017. We will keep updating this post with all the updates with respect to Wage Revision in LIC & GIC (GIPSA).

January 14, 2016 (Letter of Unions to Finance Ministry)

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wage revision 2017 lic gic

07 Jun

Best Books for LIC ADO Exam 2015

Life Insurance Corporation (A major government owned insurance sector company), has issued a notification for the recruitment of more than 5000 ADO (Apprentice Development Officers).

Selection will be made on the basis of on-line test followed by an Interview of candidates
who qualify in the on-line test.

On-line test will be of objective type, multiple choice of two hours duration comprising of the following sections:

I: Reasoning Ability, 25 Questions, 25 Marks
II: Numerical Ability, 25 Questions, 25 Marks
III: General Knowledge and Current Affairs, 25 Questions, 25 Marks
IV: English Language with special emphasis on Grammar and Vocabulary, 25 Questions, 25 Marks
V: Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector, 50 questions, 50 marks.

Check out the Best Books for LIC ADO 2015 Preparation:

A) Reasoning Ability:

1) Analytical Reasoning by MK Pandey (BSC Publication): It is my personal favorite and one of the best books that is available in the market to prepare high level reasoning. All topics are explained systematically and with complete explanation and examples.

B) Numerical Ability, Data Analysis & Interpretation :

1) Fast Track Objective Arithmetic by Arihant: My personal favourite in Numerical Ability is this book, that covers all basics and shortcuts in a relative intuitive manner. Hundreds of questions are given at the end of each chapter for you to practice.

If book is not available on Flipkart, buy it on Amazon:

2) The Accredited Guide to Data Interpretation and Data Sufficiency: A Must have Resource for Aspirants of CAT, MAT, XAT, IIFT, CSAT, SBI PO, Bank Clerk, SSC: As some questions would be based on Data analysis and interpretation, you should read this book also.

C) English Language with special emphasis on Grammar and Vocabulary:

1) General English by Lucent Publications: The best book for the preparation of English section with special emphasis on Grammar and Vocabulary. All topics are explained in English and Hindi language to give you better understanding. Plus, it is an exhaustive book which has covered even small topics in detail.

D) Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector:

1) Handbook on Computer Awareness: This Book is really useful for Recruitment Exams such as SBI PO exam, IBPS PO/RRB/Clerk, SSC, LIC AAO, Railways and entrance exams of MCA, MBA, BBA and similar courses.

If this book is not available, buy this book:

2) Guide to Banking General Awareness and Banking Aptitude Test: Great book for banking awareness section. It contains more than 1,000 questions for the preparation of Banking awareness section.

3) Marketing Aptitude / Computer Aptitude / General & Banking Awareness: A Must have book that covers marketing aptitude, computer knowledge and banking awareness.

For general awareness or current affairs section, you need to read newspaper daily or like our Facebook page to get current affairs daily or follow our monthly current affairs section on this website.

Bonus Book: LIC Online Exam Practice Work Book with Previous Years Solved Papers (With CD) : This book would be very useful for LIC ADO exam also with insurance related questions given in the book. You would also get CD to practice online exam.

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All the best.

07 Jun

LIC ADO Recruitment Notification 2015(North, South, East, West Zone)

Life Insurance Corporation (A major government owned insurance sector company), has issued a notification for the recruitment of ADO (Apprentice Development Officers) and there are more than 5000 posts are notified by LIC that also contains the backlog vacancies.

Important Dates:

Commencement of on-line registration of application – 01/06/2015

Closure of registration – 30/06/2015

Closure for editing application details – 30/06/2015

Last date for printing your application – 15/07/2015

Online Fee Payment – 01/06/2015 to 30/06/2015

Date of On-line test:

On-line test will be held at various centres, tentatively on Sunday, 19th July,
2015 & Saturday, 25th July, 2015 and/or any other date.

Check out Best Books for LIC ADO Exam 2015.

JOB REQUIREMENT:

It is primarily a sales supervision job. The selected candidates will be required to recruit
agents, train them properly, and help the recruited agents to sell life insurance to
maximum number of persons. They will also be required to give prompt after sales
service to policyholders. For this purpose considerable movements including tours
covering the entire area allotted to them are involved.

REMUNERATION:

During the apprentice period, the candidate selected as Apprentice Development Officer
will be paid a fixed amount as stipend per month as per rules of the Corporation. At
present the amount of stipend is about Rs.23836/- per month, except in case of
candidates selected from LIC Employees category.

On appointment as a Probationary Development Officer, basic pay of Rs.11535/- per
month (except for Employee Category candidates) in the scale of 11535-700(2)-12935 –
825(2) -14585 -840(17)-28865 (Under Revision) and other admissible allowances as
per rules shall be payable. Total emoluments will be approximately Rs.26736/-. Other
benefits include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit,
Group Savings Linked Insurance (GSLI), Group Personal Accident Insurance, vehicle
advance (2-wheeler/4-wheeler) as per rules and on confirmation in service, attractive
performance linked Incentives. Please note that wage revision of LIC is under process WEF year 2012. So, this salary will increase.

Age:
The applicant shall have completed 21 years of age (in completed years) and not
more than 30 years of age (in completed years) as on 01.06.2015 i.e candidates
must have been born not earlier than 02.06.1985 and not later than 01.06.1994
(both days inclusive) as on 01.06.2015. Relaxation of age as per government norms.

Qualification: Graduation from any recognized university.

SELECTION PROCEDURE:

Selection will be made on the basis of on-line test followed by an Interview of candidates
who qualify in the on-line test.

On-line test will be of objective type, multiple choice of two hours duration comprising of the following sections: :

I: Reasoning Ability, 25 Questions, 25 Marks
II Numerical Ability, 25 Questions, 25 Marks
III General Knowledge and Current Affairs, 25 Questions, 25 Marks
IV English Language with special emphasis on Grammar and Vocabulary, 25 Questions, 25 Marks
V Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector, 50 questions, 50 marks.

Candidate MUST pass in each paper separately and should also obtain minimum
marks in the aggregate of the three papers to qualify for the interview. The minimum
marks to be obtained in each paper and in the aggregate shall be decided by LIC of
India.

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Read complete notification for various zones and apply online here.

01 Mar

LIC HFL Recruitment of Assistants 2014(100 Vacancies)

LIC Housing Finance Ltd. invites applications from the eligible candidates for the recruitment of 100 assistants at various locations across India.

ELIGIBILITY CONDITIONS:

(i) Graduate in any discipline from a recognized University/Board (with minimum 50% marks).
(ii) Preference will be given to candidates having knowledge of computer operations.
(iii) Age Limit: (As on 01.02.2014)
Not below 21 years and not above 35 years as on 01.02.2014 i.e. candidates must have been born not earlier than 02.02.1979 and not later than 01.02.1993 (both dates inclusive).
(iv) Candidate must be a citizen of India.

SELECTION PROCEDURE:

Selection will be made on the basis of On-line test of 200 marks followed by an Interview of candidates who qualify in the On-line test.

Application Fees:

Rs. 500/- for all candidates. Applicants have to bear Transaction charges as applicable for online payment.

TIME AND ACTIVITY SCHEDULE

1. Starting of on-line registration and payment of fees (On-Line):
28.02.2014

2. Starting of payment of fees (Off-line) [Through Pre-printed Challan]
03.03.2014

3. End of on-line registration and payment of fees (On-line)
12.03.2014

4. End of payment of fees (Off-line) [Through Pre-printed Challan]
18.03.2014

5. Downloading of call letters for On-Line Examination
29.03.2014 (tentative)

6. On-Line Examination 06.04.2014 (tentative)

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Visit LICHFL website here for more details and apply online link.

08 Aug

LIC Financial Service Executives (FSE) Recruitment 2013

LIC invites applications from eligible Indian candidates for the 100 posts of Financial Service Executives (FSE) in Life Insurance Corporation of India (LIC).
The posts are on contract basis for three years (renewable will be possible based on performance) and are based out of Divisional Offices of Northern Zonal Office.

About the Vacancy:

Financial Service Executives (FSE): 100 posts

Educational Qualification : Graduate from a recognized University. Preference would be given to the candidates with Degree /Diploma in Marketing/ Management. Good working knowledge of English & Hindi language is must. Knowledge of Microsoft Office would be an added qualification

Age Limit: 21-35 years. Age relaxation is also allwoed as per government rules

Selection Procedure:

Selection is based on the performance in the Interview.

Salary: A Financial Services Executive will be given a fixed salary every month plus incentives based on the yearly performance.

Application Fees: A crossed Demand Draft of Rs. 100/- drawn in favour of “Life Insurance Corporation of India” payable at Divisional Headquarter. No fees for SC/ST/PH candidates. Write your Name & DOB on the back of the Demand Draft.

How to Apply: Send completed Application Form with enclosures to “Engagement of Financial Services Executives, _________ Division, to the concerned Divisional office address on or before August 21, 2013.

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For more details about this recruitment, visit http://www.licindia.in/pages/NZ_FSEs_Notification_dated-07082013.pdf.

03 Aug

LIC AAO Interview Schedule and Result 2013

Life Insurance Corporation of India has announced the interview schedule for the recruitment of Assistant Administrative Officers(AAO). The interviews will be held at 9 different centres viz. New Delhi, Patna, Bhopal, Kanpur, Kolkata, Jaipur, Chennai, Hyderabad and Mumbai. The interviews will be held in the month of August and September.
The result of LIC AAO Written test was announced last month. A Total of 2381 candidates have been shortlisted for interviews. There are total 750 vacancies in LIC as AAO.

LIC will mail the individual interview letters to all candidates. You can check out more details here very soon.

Click here to check out Interview Schedule for LIC AAO 2013.

We will also update study material for interviews. You are advised to bookmark this page and visit here again.

LIC AAO Result 2013:

Update: Click here to see the final result.

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The result will be announced after 1-2 months of interviews. So, stay tuned – we will update the result once it is out.

08 Jul

Best Books for LIC Direct Sales Executive(DSE) Exam 2013

LIC is conducting the recruitment exam for 13,148 posts of Direct Sales Executive(DSE) in 2013. The minimum qualification for the recruitment of LIC Direct Sales Executives is graduation. The main work of Direct Sales Executives in LIC will be to bring new business(Insurance selling), providing after sales services to the customers and other related jobs in the insurance sector.
LIC DSEs will be allotted a particular region to carry out all these activities.
Read more LIC Direct Sales Executive(DSE) Exam 2013 here.

Best Books for LIC Direct Sales Executive(DSE) Exam 2013:

The selection process of LIC DSE Recruitment 2013 involves Written test and personal interview. Written Test will consist of Objective Type questions of sales aptitude Test such as Numerical Ability, General Knowledge and Reasoning.

1) LIC Direct Sales Executive Exam Guide by RPH: This book is specially written for the recruitment exam of LIC Direct Sales Executives(DSE). And the best thing is that, it is available in both English and Hindi language.

2) LIC DSE – Direct Sales Executive Exam Guide by Disha Experts: Another great book focused entirely on LIC Direct Sales Executives exam with new pattern and syllabus.

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Apart from these books, check out best books for various sections such as English, Quantitative Aptitude, Reasoning and General Knowledge here.
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05 Jul

LIC ADO Cutoff Marks for Final Selection 2013(Interview Results)

LIC conducted the ADO recruitment exam in the month of February and March in 2013. The selection process of the exam consisted of online objective written test followed by interview. The written test was of 100 marks(100 questions in 2 hours).

Check out LIC ADO Recruitment Notification 2015(North, South, East, West Zone)

LIC ADO 2015 Exam Review, Questions, Cutoff And Result

Though, LIC announced the interview results of LIC ADO a couple of months back, but the results were not posted on any website. The selected candidates were informed via Email and phones by their respective divisional offices.
So, candidates were really confused about the final cutoff marks for selection as ADO in Life Insurance Corporation of India.

Now one of the candidate has filed a RTI to get the final cutoff marks of selection. Here is the reply from Life Insurance Corporation of India:

RTI LIC ADO 2013 cutoffs

LIC ADO 2013 cutoffs (via RTI):

Category: Written Test + Interview Cutoff Marks = Final Cutoff Marks for final selections

General: 60+75=135
OBC: 47+66=113
SC: 52+63=115
ST: 40+45=85

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Above, you can also check out the scanned copy of RTI reply received by the candidate. I hope it will clear all the doubts of candidates about LIC ADO cutoff marks and results.

24 Jun

LIC AAO 2013 Result Announced

Life Insurance of India conducted the online exam of AAO(Assistant Administrative Officer) on May 11,12,18 & 19, 2013 and June 23, 2013. Though many candidates could not been able to give the exam due to their exam of SSC CGL but still lakhs of candidates appeared for the online exam.
Though LIC allowed the re-exam of candidates of Maharashtra(which could not able to give AAO exam due to their MPSC exam) which was unfair for the candidates of other states(which missed the exam due to SSC CGL). Any candidate can easily take stay on this exam accusing LIC of favoring Maharashtra candidates.

Anyways, now the LIC has conducted the exam of Maharashtra candidates also, result would be announced very soon.

The written exam of LIC AAO 2013 consisted of 160 questions divided into five sections. The English section was only qualifying and marks will not considered in final selection.

LIC AAO Result 2013:

As the online exam was conducted online, the result will be announced in a couple of weeks. We will update you as soon the result is out. You are advised to bookmark this page and like us on Facebook for regular updates.

Click here to check LIC AAO Result 2013(Link is updated).

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Total of 2381 candidates have been shortlisted for interview. Interview dates would be available soon.

20 Jun

LIC Direct Sales Executive(DSE) Recruitment 2013 (13148 Posts) – Job Profile & Other Details

Life Insurance Corporation(LIC) of India invites applications for the recruitment of 13,148 posts of Direct Sales Executive(DSE) in 2013. Life Insurance Corporation of India is one of the prominent and largest Public Sector Insurance company of India. Recently, it concluded the LIC ADO recruitment and LIC AAO results are yet to be announced.

Important Dates:

Starting date To Deposit the Application fees at LIC Branches: June 17, 2013
Starting Date of On‐Line Registration : June 17, 2013

Last Date To Deposit the Application Fees : July 6, 2013
Last Date for On‐line Registration : July 7, 2013

Job Profile – Direct Sales Executives in LIC:

It is basically a proper sales job. Direct Sales Executives in LIC will be primarily responsible for bringing new business(Insurance), providing after sales services and other related jobs in the insurance sector. The DSEs will be allotted a region in which they will have to work and they shall also follow any other instruction provided to them from time to time.

See Also: Click here to check out best books for LIC Direct Sales Executive Exam 2013

Educational Qualifications and Age Limit:

Bachelor’s degree in any discipline from a recognized university. Preference will be given to those candidates who possess a Bachelor Degree or Diploma in Marketing Management. Good working knowledge ­of English and one Regional local language is desirable. Knowledge of computer such as Microsoft Word/ Power Point / Excel would be additional
advantage.

Age Limit: 21-35 years as on June 1, 2013

Total Number of Vacancies:

1) Central Zone(Chattisgarh, Madhya Pradesh) -786 Posts
2) East Central Zone (Bihar, Jharkhand, Odisha) -1310 Posts
3) East Zone(AandN Island, Arunachal Pradesh, Assam, Manipur, Meghalay, Mizoram, Nagaland, Sikkim, Tripura, West Bengal)- 1055 Posts
4) North Central Zone(Uttar Pradesh, Uttarakhand)-1122 Posts
5) North Zone (Delhi, Haryana, Himachal Pradesh, J&K, Punjab, Rajasthan) – 2257 Posts
6) South Central Zone(Andhra Pradesh, Karnataka) – 2524 Posts
7) South Zone(Kerala, Pudhucherry, Tamilnadu) – 1844 Posts
8) West Zone –Goa, Gujarat, Maharashtra- 2250 Posts

Total Number of vacancies= 13148 Posts

Selection Process:

Written test followed by an personal interview. Written Test would comprise of Objective Type questions sales aptitude Test of Numerical Ability, General Knowledge and Reasoning.

How To Apply:

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Visit here to apply online.