LIC's Bima Sakhi Scheme: Empowering Women with Financial Independence
The Life Insurance Corporation of India (LIC) has introduced a new scheme called Bima Sakhi, aimed at empowering women by offering them a monthly stipend of up to ₹7,000. This initiative is part of the MCA Scheme launched by Prime Minister Narendra Modi in December 2024. The program focuses on providing financial independence to women by training them as LIC agents and creating job opportunities in underprivileged areas.
💡 What is the LIC Bima Sakhi Scheme?
The Bima Sakhi scheme is a stipendiary program designed exclusively for women. It offers training and job opportunities as LIC agents, helping them earn a steady income and gain financial stability. This initiative aims to enhance insurance access in rural and remote areas by involving local women.
🎯 Eligibility Criteria for LIC Bima Sakhi
To enroll in the Bima Sakhi scheme, women must meet the following criteria:
- ✅ Education: Minimum qualification of 10th pass.
- ✅ Age Limit: Women aged 18-70 years are eligible.
- ✅ Exclusions:
- Existing LIC agents cannot apply.
- Relatives of current LIC agents or employees are not eligible for recruitment.
- ✅ Additional Opportunities:
- Graduates recruited through this scheme may also be considered for the role of Development Officer within LIC.
💰 Stipend and Commission Structure
Under the Bima Sakhi scheme, women will receive a fixed monthly stipend for the first three years, along with commissions on policy sales.
- 🔹 First Year: ₹7,000 per month.
- 🔹 Second Year: ₹6,000 per month (requires completing at least 65% of policies from the first year).
- 🔹 Third Year: ₹5,000 per month (requires completing at least 65% of policies from the second year).
In addition to the stipend, Bima Sakhis will earn commissions on the policies they sell, allowing them to increase their monthly income.
🚀 Benefits of the LIC Bima Sakhi Scheme
- 🟢 Financial Independence: Women can earn a steady income while working as LIC agents.
- 🟢 Career Growth: Graduates have the opportunity to become Development Officers within LIC.
- 🟢 Rural Empowerment: The scheme promotes insurance awareness and accessibility in underprivileged areas.
- 🟢 Skill Development: Women will receive training in sales and insurance policies, enhancing their career prospects.
📢 How to Apply for LIC Bima Sakhi?
Interested women can apply for the Bima Sakhi scheme by visiting their nearest LIC branch or through the official LIC website. The application process involves:
- Filling out the application form with personal and educational details.
- Verification of documents (ID proof, educational certificates).
- Training session for the selected candidates.
- Onboarding as LIC agents with a monthly stipend.
🧐 Final Thoughts
The LIC Bima Sakhi scheme is a significant step toward empowering women by providing them with financial independence and career growth opportunities. With fixed stipends, commission earnings, and skill development, this program is expected to create a positive impact on women's employment and insurance penetration in India
Reference from:-https://www.indiatvnews.com/business/personal-finance/lic-bima-sakhi-mahila-career-agent-get-rs-7000-monthly-check-details-life-insurance-corporation-of-india-2025-03-19-981337