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Club Membership

LIC Club Membership are the benefits for agents who are members of different types of Clubs.
Club Membership Benefits and types of Club Membership are given below.

  • Distinguished Club Membership.
  • Branch Manager Club Membership (B.M).
  • Divisional Manager Club Membership (D.M).
  • Zonal Manager Club Membership (Z.M).
  • Chairman Club Membership (C.M).
  • Corporate Club Membership.

Office/Stationery allowance* :

  • CM Club Member � Rs.35,000 pa
  • ZM Club Member � Rs.22,000 pa
  • DM Club Member � Rs. 12,000 pa
  • BM Club Member � N/A.

    • Visiting Cards:

  • CM Club Member � 250 Nos.
  • ZM Club Member � 200 Nos.
  • DM Club Member � 150 Nos.
  • BM Club Member � 100 Nos

    • Housing Loan @ 5% & Extended loan @ 9.5%:

  • CM Club Member � 18.50L + 21.50L
  • ZM Club Member � 11.25L + 13.75L
  • DM Club Member � 09.00L + 11.00L
  • BM Club Member � N/A

    • Interest free Vehicle advance:

  • CM Club Member � Car advance � Full purchase price or Rs.7.50L,which ever is less
  • ZM Club Member � Car advance � Full purchase price or Rs.5L,which ever is less
  • DM Club Member � Scooter advance � Full purchase price or Last 2 years RC.
  • BM Club Member � Scooter advance � Full purchase price of 75% of last 2 yrs RC which ever is less

    • Festival Advance*:

  • CM Club Member � Rs.20,000 pa
  • ZM Club Member � Rs.20,000 pa
  • DM Club Member � Rs.20,000 pa
  • BM Club Member � Rs.15,000 pa

    • Group Insurance(Club Members):

  • CM CLUB : Rs.4,00,000
  • ZM CLUB : Rs.2,00,000
  • DM CLUB : Rs.1,10,000
  • BM CLUB : Rs. 55,000

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