LIC’s Bima Sakhi (MCA Scheme) is a Stipendiary Scheme, exclusively for Women , with a stipendiary period of 3 years.
The appointment of a person under the MCA scheme will not be treated as a salaried appointment as an employee of the Corporation.
Minimum completed age should be 18 years as on date of application. Maximum age at entry will be 70 years ( last birthday)
Minimum qualification - pass in 10thstandard.
Performance Norms to be fulfilled during each Stipendiary Year by MCA :
Number of Lives
24
First Year Commission (excluding Bonus Commission)
Rs.48,000/-
The Stipend payable :
Stipendiary Year
Stipend payable per month
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 thethird stipendiaryyear )
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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