📋 Job Description
LIC Housing Finance Limited (LIC HFL), the housing finance company promoted by LIC, is recruiting 50 Management Trainees in Marketing and Sales for a one-year training programme with absorption into the company afterwards, subject to its criteria. During training the stipend is Rs. 40,000 to 50,000 a month (Rs. 4.8 to 6 lakh a year); the listing states a CTC of 14 lakh and above on absorption. An MBA is mandatory; freshers are eligible, with 0 to 1 year of sales experience preferred, and fluency in the local language is required.
The posts are spread across 35 cities from Chandigarh and Delhi to Chennai, Bangalore and Guwahati, and applicants must be residents of one of them. Selected trainees sign a two-year service bond. Applications are made through Internshala by 25 October 2026; the listing already shows more than 1,000 applicants. This is a corporate trainee role, not a government post: there is no examination, fee or reservation described.
LIC HFL Management Trainee Recruitment 2026 Quick Facts
Company
Company LIC Housing Finance Limited (LIC HFL), lichousing.com
Role
Role Management Trainee, Marketing & Sales; one-year management training programme with absorption subject to prescribed criteria
Openings
Openings 50
Who can apply
Who can apply MBA holders (mandatory), freshers or with up to one year of sales experience, resident in one of the 35 listed cities, fluent in the local language
Stipend during training
Stipend during training Rs. 40,000 to 50,000 a month (shown on the listing as CTC Rs. 4,80,000 to 6,00,000 a year)
CTC on absorption
CTC on absorption 14 lakh a year and above, as stated in the listing
Service bond
Service bond Minimum two years from the date of joining
Off days Second and fourth Saturdays of every month
Start date Immediately
Apply by
Apply by 25 October 2026
Application
Application Online through the Internshala listing (sign-up and profile required)
The programme is built around housing finance sales. The listing groups the work into three areas:
• Sales and business development: identify, approach and acquire customers through online and offline channels to meet targets; source housing loans, loans against property and other retail loans; build relationships with builders and developers and identify projects for APF and Mini-APF approval.
• Customer and channel relationships: guide customers on product features, eligibility and documentation; support the in-house sales team; manage Direct Selling Agents and Marketing Intermediaries, monitor their productivity and train them.
• Credit assessment and market intelligence: carry out preliminary loan appraisal and underwriting under the company's credit policy; coordinate with internal teams on loan processing and project evaluation; track market trends and report business feedback.
Skills the listing names: business development, client relationship management, effective communication, field sales, negotiation and sales. The role is field-facing; the listing does not describe it as remote.
• MBA degree is mandatory. The listing does not restrict the year of passing or the specialisation.
• Experience: none required; 0 to 1 year in sales and negotiation is preferred. Candidates with more experience are not excluded by the listing, but it is addressed to freshers.
• Language: fluency in the local language of the city applied for.
• Residence: applicants must be from one of the 35 cities listed below; the listing does not accept applications from elsewhere.
• Strong negotiation ability is stated as a requirement.
Compensation and Terms
The listing shows two pay figures that read as a contradiction until the structure of the programme is understood:
• Training year: a stipend of Rs. 40,000 to 50,000. The listing's CTC field of Rs. 4,80,000 to 6,00,000 a year is this stipend multiplied by twelve, so the stipend is monthly.
• After absorption: a CTC of 14 lakh a year or more, which applies only if the trainee is absorbed into the company at the end of the programme, subject to LIC HFL's prescribed criteria. Absorption is not guaranteed by the listing.
• Service bond: a minimum of two years from the date of joining. The listing does not state the bond amount or its terms; ask before accepting an offer.
• Leave and hours: second and fourth Saturdays off. Full-time status, working hours, probation terms, incentives and work-from-home are not disclosed on the listing.
The listing header says Pan India; the eligibility section limits applicants to residents of these 35 cities:
• Central and East: Indore, Bhopal, Patna, Ranchi, Kolkata, Bhubaneswar, Cuttack, Guwahati, Raipur, Tripura
The listing does not say how many of the 50 openings fall in each city. Local-language fluency is tied to the city applied for.
Before you apply
• Confirm you live in one of the listed cities and can work in its local language; both are hard conditions in the listing.
• Read the two-year bond as a commitment: with a