• No.63/68, Cathedral Road, Gopalapuram, Chennai - 600086
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+91 44460 44460

+91 97878 85857
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Business Plan

(Turn to learn to earn)

A point of salesperson (POSP) license from the IRDA can be obtained through distinguished MNlib by any individual who is an Indian citizen, has completed their 10th grade education requirements, and is at least 18 years old.

Business Structure Hierarchy

  • Point Of Sale Person - (POSP) :  Full time/Part time - Attractive commission based on performance
  • Business Promoter - (BP) :  Full time / part time - Monthly honorarium + Awards and rewards
  • Team Manager - (TM) :  Full time payroll employee with attractive remuneration + Annual Bonus
  • Divisional Manager - (DM) :  Full time payroll employee with attractive remuneration + Allowances + Annual Bonus
  • Regional Manager - (RM) :   Full time payroll employee with attractive remuneration + Allowances + Annual Bonus
  • Zonal Manager - (ZM) :   Full time payroll employee with attractive remuneration + All admissible allowances + Annual Bonus
  • Trade Director - (TD) :  Full time payroll employee with attractive remuneration + All admissible allowances + Annual Bonus

Royalty / Passive Income

(Annually for a lifetime)

SILVER CLUB

2% Net profit share of the company

Eligibility Criteria : Minimum of 250 policies inforce under you/your team

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GOLD CLUB

2% Net profit share of the company

Eligibility Criteria : Minimum of 500 policies inforce under you/your team

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DIAMOND CLUB

2% Net profit share of the company

Eligibility Criteria : Minimum of 1000 policies inforce under you/your team

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Commission Distribution

  • The commission amount for the business conducted by you/your team from the 1st to the last date of every month will be credited to your bank account by the 18th of the following month.
  • 5% TDS will be deducted from your commission amount and paid to the income tax department under your PAN account.
  • An annual royalty and awards ceremony will be held on August 15th each year.