LIC Housing Finance Invites Applications for 232 Graduate Apprentice Posts

LIC Housing Finance Limited (LICHFL) has officially opened online applications for 232 Graduate Apprentice positions under the LICHFL Apprenticeship Program-010, according to notifications reported by educational portal Adda247. The 12-month training engagement is scheduled to begin tentatively in November 2026.

The application window opened on October 20, 2026, and will close on November 1, 2026, as reported by the Times of India. Candidates seeking to apply must complete a two-step process: initial registration on the National Apprenticeship Training Scheme (NATS) portal, followed by submission of details on the BFSI Sector Skill Council portal (BEEP).

As reported by the Hindustan Times, applicant eligibility is restricted to candidates aged between 20 and 25 years as of October 1, 2026. Applicants must hold a bachelor's degree in any discipline completed on or before October 1, 2026, provided the degree was not completed prior to October 1, 2001. According to the Times of India, candidates who currently hold or have previously completed or terminated an apprenticeship contract with any other organisation are ineligible to apply.

Application fees vary across candidate categories, as detailed by the Hindustan Times. Scheduled Caste (SC), Scheduled Tribe (ST), and Persons with Benchmark Disabilities (PwBD) candidates are required to pay ₹200 plus GST. General, Economically Weaker Section (EWS), and Other Backward Classes (OBC) female and transgender candidates are charged ₹600 plus GST, while General, EWS, and OBC male candidates must pay ₹800 plus GST.

Selected apprentices will receive a monthly stipend during their 12-month tenure. According to Adda247, candidates stationed in designated metro cities—including Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune, and Surat—will receive a stipend of ₹16,650 per month. Those assigned to non-metro locations will receive ₹14,150 per month.

The selection process involves a home-based, remote-proctored online written examination scheduled for November 7, 2026, conducted by the BFSI Sector Skill Council of India, according to information from the council's portal. PracticeMock reports that the 60-minute test comprises 100 questions covering four subjects: General/Financial Awareness, General English, Reasoning Ability & Computer Aptitude, and Quantitative Aptitude. Shortlisted candidates will proceed to document verification and personal interviews, expected around November 15, 2026. While a secondary online portal briefly displayed a header citing 342 vacancies, official notification documents and detailed text consistently confirm the actual intake is 232 vacancies.

Official notifications from LIC Housing Finance explicitly clarify that the program is strictly an on-the-job training initiative rather than regular employment. LICHFL retains no obligation to offer full-time positions upon completion. However, trainees who successfully finish the program will be awarded a Proficiency Certificate by the Board of Apprenticeship Training (BOAT). They will also receive placement assistance through the BFSI Sector Skill Council to explore roles across Indian banks, NBFCs, and insurance firms.

What this means for BFSI jobs

The introduction of 232 apprentice positions at LIC Housing Finance offers a direct pathway for fresh graduates seeking structured exposure to mortgage lending and retail housing finance operations. For young professionals entering the non-banking financial company (NBFC) sector, a one-year apprenticeship builds foundational skills in loan documentation, credit assessment basics, customer onboarding, and financial compliance.

This recruitment drive aligns with ongoing demand for entry-level talent in major financial hubs. According to active listing data on Finploy as of October 23, 2026, there are 43,262 open positions across Indian BFSI institutions. Top hiring locations on the platform include Mumbai with 11,232 open roles, Bengaluru with 1,163 roles, Pune with 1,116 roles, Chennai with 1,031 roles, and Hyderabad with 834 roles. Candidates placed in metro branches will gain exposure to high-volume lending markets while receiving a monthly stipend of ₹16,650.

While the apprenticeship does not guarantee permanent absorption at LICHFL, the formal certification from BOAT combined with job placement support from the BFSI Sector Skill Council provides tangible career leverage. Apprentices finishing the program can transition into regular roles such as loan processing officers, customer relationship executives, and operations associates across retail banks, NBFCs, and housing finance companies. In an environment where financial institutions prioritize practical operational knowledge over theoretical degrees, completing a structured 12-month program serves as a practical bridge into full-time BFSI employment.