Join as POSP
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Last updated on: May 26, 2025

Become an
Certified Insurance POSP & Financial Advisor

Become a Sales hero of the digital age, Transform people’s lives & avail endless earning opportunities.

  • Earn upto ₹1 lakh+ income
  • Sell plans from 40+ partners
  • 5 Lakhs+ products Sold
  • 10000+ POS Onboard
  • 4.7 Rated on Google

Benefits of becoming a Fincover PoSP

  • Empower Yourself Financially: Enjoy uncapped earning potential with attractive commissions on financial products sales

  • Be your own boss: Become your own boss by working at your convenient time and earn without any restriction

  • Build a strong community: Build trust and lasting relationships as you guide clients toward the right financial advice

  • Flexibility and Independence: Experience the freedom of working from anywhere while being a part of a respected Fintech Company

  • Enjoy Rewards & Perks: Standout performers get exclusive rewards like all-expense paid trips, smartphones, and lots more

  • Achieve your goals: Achieve your financial goals and aspirations with our competitive compensation structure

What is POSP?

  • A Point of Sales (PoS) Person, also known as a Point of Sale Agent, is an individual who works on behalf of a financial institution, such as a bank or a non-banking financial company (NBFC), to facilitate the sale and distribution of financial products and services directly to customers at physical locations. 

  • These individuals play a crucial role in expanding the reach of financial institutions and making their services more accessible to the public.

  • At Fincover, you get to sell insurance policies and other investment products by becoming a PoSP with us. Therefore, your chances of earning are high, Register to become a partner consultant with us and make your dreams come true

Who can become a POSP?

  • Fresh Graduates

Start your career on the right foot with an opportunity that offers financial rewards.

  • Working Professionals

Add an additional income stream by becoming a POSP while keeping your current job.

  • Retirees

Stay active and engaged during your retirement years while enjoying a steady income.

  • Entrepreneurs

Complement your entrepreneurial journey with the financial security that comes from being a POSP

  • Part time employees

Working in food delivery or driving a call taxi? Add to your income by joining as a PoSP

  • HomeMakers

If you are looking for a job that offers flexible work hours, then choose to become a POSP

Become a PoSP (3 simple steps)

1. Contact Us

Visit fincover.com or Download Fincover app and create an account by filling up personal details.

2. KYC Verification

Complete the KYC Verification by providing necessary documents such as PAN Card etc.

3. Complete training & certification

Complete the 15 hrs training &certification process for various products and start selling.

Across the Industry

Our Partners

HDFC Bank
Axis Bank
ICICI Bank
IDFC First Bank
Kotak Bank
Yes Bank
Standard Chartered
SBI
Bajaj Finserv
L&T Finance
PNB
BOI
Piramal
WeRize

Our Happy Customers

“The best part about being a Personal Financial Planner is that you get to sell a wide range of financial products. That way, I could potentially convert a lot of leads into sales.”
– Adithya Ram, Homemaker, Chennai

“I love working as a Personal Financial Planner at Fincover. There are no deadlines, no pressure, and I work at my convenient timings. The payout has been timely and good. Would highly recommend to anyone.”
– Rajasekhar Vemula, Part-time Employee, Nellore

“I have previously worked as a POSP at a prominent insurance company. Now after joining Fincover, I get a chance to expand my horizons, as along with Insurance, I also get to sell hot-selling products like SIP, Mutual Funds, and other investment options. And the commissions have also been very good. Thank you!”
– Veena, Entrepreneur, Bengaluru

“The Fincover app is very good and I’m able to track my commissions. It gives me renewal reminders on time so that I can contact my clients promptly. Thanks much to Fincover.”
– Farooq, Retired Govt Employee, Madurai

“The two major USPs of the app which really make my life easier are the real-time commission tracking and renewal reminders. While the first lets me know how much I earned, the latter ensures my persistence.”
– Gaurav Dewan, Working Professional, Chennai

FAQ on POSP

  1. What is a POSP?

POSPs (Point of Sale Persons) act as intermediaries between customers and financial institutions, helping individuals access and apply for financial products and services without needing to visit a bank branch.

  1. Can I become a POSP if I have a regular job?

Yes, you can pursue this career alongside your regular employment.

  • No need for office space
  • Flexible working hours
  • Unlimited earning potential
  • Great opportunities for career growth
  1. What documents are required to become a POSP?
  • PAN Card
  • Aadhar Card
  • Recent Passport-sized Photos
  • Educational Qualification Proof (minimum 10th pass)
  • Bank Account Details
  • Cancelled Cheque
  1. What is the minimum eligibility to become a POSP?
  • Minimum age: 18 years
  • Minimum education: 10th class pass
  1. Is any training required?

Yes. IRDAI mandates a 15-hour training program. Upon completion, you need to pass an IRDAI-conducted exam.

  1. What products can I sell as a POSP at Fincover?

You can sell:

  • Life and non-life insurance policies
  • Investment products
  • Loans and other financial products
  1. How much can I earn as a POSP?

Your earnings depend on the number of policies/products you sell. There is no maximum limit; your commission is pre-agreed during your appointment.

  1. Can I be a POSP for multiple companies?

No. As per IRDAI regulations, you cannot be a POSP for another company if you’re already appointed as one at Fincover.

Prem Anand written by
Prem Anand
Prem Anand
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Prem Anand
10+ Years experience in Financial Content Contribution
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Prem Anand Reviewed by
GuruMoorthy A
Prem Anand
Founder and CEO
Gurumoorthy Anthony Das
20+ Years experienced BFSI professional
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