How can I become a post office agent?
How to become a Post Office RD agent?
The Agent is allowed to canvass investment throughout the State in which he is appointed. He can be attached to one or all the post offices under the same head post office for effecting transactions but receiving receipt books he can be attached to any one sub office or head office.
What is the full form of Mpkby?
Mahila Pradhan Khestriya Bachat Yojna (MPKBY) agency system was introduced by the Government w.e.f. 01.04. 1972 with the objectives:- To educate housewives in family budgeting. To inculcate the habit of thrift among household and self employed people.
Account Opening Form means standardized form prescribed by the management Company to be duly filled by the investors at the time of opening an account with the Fund.
How much commission does LIC agents get?
There isn't any fix salary from the LIC for the agents. Though, Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.
All you need is: A current account with IPPB. Any smartphone with android version 5.0 or higher.If you fall under any of the categories listed below, you can become an IPPB Merchant:
What is the full form of SAS?
1. The SAS system. SAS stands for the Statistical Analysis System, a software system for data analysis and report writing. SAS is a group of computer programs that work together to store data values and retrieve them, modify data, compute simple and complex statistical analyses, and create reports.
The Special Air Service (SAS) is a special forces unit of the British Army. In 1941, the SAS was founded as a regiment, and in 1950, it was reconstituted as a corps. The unit specialises in a number of roles including counter-terrorism, hostage rescue, direct action and covert reconnaissance.
What is Aslaas number in post office?
What is ASLAAS number [post office card]? ASLAAS number meaning is to be updated against RD accounts linked to MPKBY agents while preparing the Bulk list.28-Oct-2021
1 Minimum qualification is 12th Pass under 10+2 scheme or Higher Secondary or its equivalent. 2 Retired person(s) from Govt., Semi Govt. Undertaking, Public Sector are also eligible for the SAS /PPF/MPKBY agency. 3 SAS/PPF/MPKBY agency may be given to the person(s) who hold the agency of L.I.C/ G.I.C.24-May-2016
What is Mpkby agency?
Mahila Pradhan Khestriya Bachat Yojna (MPKBY) agency system was introduced by the Government w.e.f. 01.04.1972 with the objectives:- To educate housewives in family budgeting. To inculcate the habit of thrift among household and self employed people.
National Savings Institute works under Department of Economic Affairs, Ministry of Finance, Government of India. The Institute is entrusted with the task of mobilization of savings in National Savings Schemes of Government of India, operated through Post Offices and designated Banks throughout the country.
What are the 5 types of accounts?
5 Types of accounts
Checking accounts. Savings accounts. Money market accounts (MMAs) Certificate of deposit accounts (CDs)25-Jul-2022
What are the 7 steps to open a bank account?
How to Open Bank Account ? 7 Steps To Open Bank Account
To be a LIC agent, your educational qualification should be at least 10th pass and the age should be minimum 18 years. Earlier, it was necessary to have 12th pass certificate to become an agent. - Contact your nearest LIC branch office and meet the development officer there.12-May-2019
Do LIC agents get pension?
Group pension Group pension is also available under Lic Agent Benefits.01-Apr-2016
Later, it was amended to certain FPI (first premium income), with 12 policies on different lives. Now, the present minimum target is as under: one can opt any one of these in order to keep his agency inforced for coming year (during his agency year).. (c) Single policy with 1 Lac FPI.
What is the process of franchise of post office?
Step 1: The applicants for franchises will have to submit an application in a prescribed format. Step 2: Then, the applicant has to get the scheme form from the office and have to fill out the in the prescribed format along with copies of the detailed proposal including details of the operations of franchise outlet.
The payments bank shall be required to maintain a minimum capital adequacy ratio of 15 per cent of its risk weighted assets (RWA) on a continuous basis, subject to any higher percentage as may be prescribed by RBI from time to time. Tier I capital should be at least 7.5 per cent of RWAs.
How much profit does a post office franchise make?
Franchise Business can be opened anywhere from villages to towns. By joining this you can earn an average of 50000 rupees every month. However, to open India Post, you only have to invest 5 thousand rupees.22-Oct-2020
How can I become a post office agent?