LIC Housing Finance Ltd. (LICHFL) is a leading housing finance company in India. It is a subsidiary of the Life Insurance Corporation of India (LIC). Its primary objective is to facilitate housing finance to individuals and corporate entities. It was established in 1989 and is headquartered in Mumbai. LICHFL provides a variety of products such as home loans, loan against property, NRI home loans and loan against rent receivable.
It also offers online test series for those aspiring to appear for the LIC Housing Finance Ltd. exam. The online test series is designed to help candidates prepare for the LIC Housing Finance Ltd. exam. It consists of practice tests, mock tests and full-length tests, all of which are based on the exam syllabus and pattern. The online test series also includes detailed explanations and performance review.
The online test series helps candidates gain an in-depth understanding of the exam syllabus and pattern. It also helps them identify their strengths and weaknesses and work on them accordingly. Moreover, it provides a simulated exam environment which helps the candidate get used to the actual exam. The online test series is available for both the written and interview stages of the exam. It is designed to help candidates develop their knowledge and skills in order to be successful at the exam. It is also a convenient and cost-effective way to prepare for the exam.
Overall, the online test series of LIC Housing Finance Ltd. is a great way to prepare for the exam. It is an effective way to assess knowledge and improve skills and confidence. It is also a convenient and cost-effective way to prepare for the exam.
How to Prepare LIC Housing Finance Ltd. Mock Online Exam
1. Get familiar with the exam pattern: Before you start preparing for the exam, make sure that you are familiar with the exam pattern. Read the syllabus and understand the topics that the exam will cover.
2. Practice mock tests: Once you have gone through the syllabus, start taking mock tests. These tests will help you understand the topics which you need to focus more on.
3. Focus on weaker areas: After taking the mock tests, analyze your performance and focus on the topics which you are finding difficult.
4. Revise regularly: Make sure that you revise the topics regularly. This will help you remember the topics better and prepare for the exam in an effective manner.
5. Take breaks: Make sure that you take breaks in between your preparation. This will help you to stay focused and motivated while preparing for the exam.
6. Manage your time: Make sure that you manage your time effectively while taking the mock test. Allot a specific amount of time to each question and try to complete the exam within the allotted time.
LIC Housing Finance Ltd. Online Exam Pattern
The LIC Housing Finance Ltd. online exam pattern consists of three sections: English, Quantitative Aptitude, and Reasoning Ability. Each section has a total of 50 questions, with each question carrying one mark. The total time allotted for the exam is 2 hours. There is no negative marking for incorrect answers.
English: The English section consists of questions from topics like grammar, vocabulary, comprehension, cloze test, fill in the blanks, etc.
Quantitative Aptitude: This section tests your mathematical skills. Questions cover topics like algebra, arithmetic, geometry, trigonometry, etc.
Reasoning Ability: This section tests your logical and analytical skills. Questions cover topics like puzzles, coding-decoding, syllogism, blood relations, direction sense, etc.
LIC Housing Finance Ltd. Selection Process
The selection process of LIC Housing Finance Ltd. consists of the following stages:
1. Online Application: Candidates need to fill an online application form and submit a detailed resume.
2. Written Test: Shortlisted candidates will be invited for a written test. The test will evaluate the candidate’s aptitude, reasoning, and numerical ability.
3. Group Discussion: Candidates who qualify the written test will be further invited for a group discussion (GD).
4. Interview: Candidates who successfully clear the GD will be called for a personal interview. This is the final round of selection.
5. Medical Test: Selected candidates will also need to go through a medical test to check their fitness to work.
LIC Housing Finance Ltd. Eligibility Criteria
In order to be eligible for a loan from LIC Housing Finance Ltd., the applicant must meet the following criteria:
1. Age: The applicant must be at least 21 years old and below 60 years old.
2. Income: The applicant must have a minimum income of Rs.15,000 per month.
3. Employment: The applicant must be employed by a reputed company or have a regular source of income.
4. Credit Score: The applicant must have an acceptable credit score.
5. Documentation: The applicant must provide valid documents such as ID proof, address proof, income proof, and other documents as required by LIC Housing Finance Ltd.