Those who will get appointed as Assistants / Associates and Assistant Manager will be coming under the following pay scale.
Assistant: Starting basic pay of ₹ 13,980/- per month in the scale of ₹ 13980-860(1)-14840-940(2)– 16720-1060(5)– 22020-1230(2)– 24480-1500(3)– 28980-1565(2)-32110 and other admissible allowances as per rules
Assistant Manager: Starting basic pay of ₹ 32,815/-per month in the scale of ₹ 32815 -1685(14) –56405 -1755(3) -61670 and other admissible allowances as per rules
Associate: Starting basic pay of ₹ 21,270/- per month in the scale of ₹ 21270-1485(3)–25725-1665(15)-50700 and other admissible allowances as per rules
There will be a training period of 1 year as Management Trainee before appointment as Assistant Manager from the date of joining.
Candidates will get a consolidated salary of Rs.25, 000/- per month during this training period.
Those who will successfully complete the training period will be appointed as Assistant Manager in Life Insurance Corporation-Housing Finance Division.