1. LIC’s Bima Sakhi (MCA Scheme) is a Stipendiary Scheme, exclusively for Women , with a stipendiary period of 3 years.
2. The appointment of a person under the MCA scheme will not be treated as a salaried appointment as an employee of the Corporation.
3. Minimum completed age should be 18 years as on date of application. Maximum age at entry will be 70 years ( last birthday)
4. Minimum qualification – pass in 10th standard.
5. Performance Norms to be fulfilled during each Stipendiary Year by MCA :
Number of Lives | 24 |
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First Year Commission (excluding Bonus Commission) | Rs.48,000/- |
The Stipend payable :
Stipendiary Year | Stipend payable per month |
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First Year | Rs.7,000/- |
Second Year | Rs.6,000/- (subject to at least 65% of Policies completed in the First stipendiary year are in-force as at the end of the corresponding month of the second stipendiary year) |
Third Year | Rs.5,000/- (subject to at least 65% of Policies completed in the Second stipendiary year are in-force as at the end of the corresponding month of the third stipendiary year ) |
- Relatives of existing Agent or Employee shall not be eligible to be recruited as MCAs. Relatives shall include the following family members – Spouse, Children including adopted and step children (whether dependent or not), Parents, Brothers, Sisters and immediate In-laws.
- A Retired employee of the Corporation or an Ex-agent seeking reappointment shall not be granted agency under MCA scheme.
- Existing agent can not apply for recruitment as MCA.
- The latest passport size photograph should be uploaded alongwith the Application form.
The following documents should be attached to the application form:-
- Self-attested copy of Age proof
- Self-attested copy of Address proof
- Self-attested copy of certificate of Educational Qualification
The application is liable to be rejected if the information furnished is incomplete
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