LIC Housing Finance Limited has announced 232 apprentice vacancies under its apprentice program for 2026. The LIC HFL Apprentice Salary 2026 ranges from ₹14,150 to ₹16,650 per month, depending on the place of posting. Candidates posted in specified metro cities will receive ₹16,650, while those posted in other cities will receive ₹14,150 per month. The apprenticeship program is for 12 months. Interested and eligible candidates can go through this article to know more details on the stipend, job postings, training period, and much more.
LIC HFL Apprentice Salary 2026
The salary for LIC HFL Apprentice 2026 ranges from ₹14,150 to ₹16,650 per month, depending on the training location. The 12-month apprenticeship provides practical experience in housing finance, financial services, and workplace skills. Under the Apprenticeship Act, this program does not guarantee full time employment once the apprenticeship period is over. It is still a good opportunity for candidates looking to enter the banking industry.
LIC HFL Apprentice Salary: Key Details
| Particulars | Details |
| Organisation |
LIC Housing Finance Limited
|
| Programme Name |
LIC HFL Apprenticeship Programme 2026
|
| Total Vacancies | 232 |
| Monthly Stipend (Metro Cities) | ₹16,650 |
| Monthly Stipend (Other Cities) | ₹14,150 |
| Annual Stipend (Metro Cities) | ₹1,99,800 |
| Annual Stipend (Other Cities) | ₹1,69,800 |
| Training Duration | 12 months |
| Nature of Payment | Monthly stipend |
| Completion Certificate |
Proficiency Certificate issued by BOAT, subject to successful completion
|
| Permanent Employment | Not guaranteed |
| Career Opportunities |
Banking, housing finance, insurance and other financial services roles
|
LIC HFL Apprentice Stipend 2026: City-Wise Details
The monthly stipend for LIC HFL apprentices differs according to the location of the training office. The details have been provided below:
| Training Location | Monthly Stipend |
Total for 12 Months
|
| Metro cities | ₹16,650 | ₹1,99,800 |
| Other cities | ₹14,150 | ₹1,69,800 |
LIC HFL Apprentice Salary Slip and In-Hand Stipend
LIC HFL apprentices receive a monthly stipend during their training period. The applicable amount is ₹16,650 or ₹14,150, depending on the training location. This amount does not represent the salary of a permanent employee of LIC Housing Finance LTD. As per the notification, this program is more of an on the job training rather than regular employment.
LIC HFL Apprentice Perks and Benefits 2026
Candidates should understand the benefits in terms of the skills and experience they can gain during the programme. These include:
1. Practical Work Experience
Apprentices get an opportunity to understand workplace processes in the housing finance sector.
2. Financial Support During Training
Selected candidates will receive stipend while they get trained as apprentices in this industry, helping them gain important work experience while also getting paid for it.
3. Development of Professional Skills
Since this program is not a full time job, the training provided to the selected candidates can help them when applying for other jobs in banking, insurance, housing finance and related sectors.
4. Proficiency Certificate
Candidates who successfully complete the apprenticeship will receive a Proficiency Certificate issued by the Board of Apprenticeship Training (BOAT).
5. Exposure to the Financial Services Sector
Working in a housing finance organisation can help apprentices understand the broader financial services industry. This experience may be useful when preparing for future opportunities in financial institutions and other BFSI companies.
LIC HFL Apprentice Career Growth Opportunities
Apart from various perks and benefits that come with this trainging program, there are certain career growth opportunities as well that come along with the stipend. This career growth depends on the candidate’s skills, qualifications, performance and ability to secure future employment. Some potential career opportunities include:
- Banking sector jobs: Candidates can prepare for recruitment examinations conducted by public and private sector banks.
- Housing finance companies: The experience gained may help candidates apply for suitable roles in housing finance and lending organisations.
- Insurance sector: Graduates can explore entry-level opportunities in insurance companies and related financial services organisations.
- Financial services roles: Candidates may apply for suitable positions involving customer service, financial operations and administrative support, depending on the eligibility requirements.
- Further competitive examinations: Candidates can continue preparing for banking, insurance and other government recruitment examinations while gaining workplace exposure.
Does LIC HFL Offer a Permanent Job After Apprenticeship?
No, LIC does not provide a permanent job after the completion of the apprenticeship program. The programme is intended for training and skill development. Successful apprentices may explore placement and employment opportunities in banks, financial services companies, insurance companies and other BFSI organisations.









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