Introduction
The LIC Bima Sakhi Yojana is a unique initiative launched by the Life Insurance Corporation of India (LIC) to empower women financially, socially and professionally. This scheme focuses on training women—especially from rural and semi-urban areas—to become skilled LIC insurance agents. Through structured training, monthly stipends and long-term earning opportunities, the scheme aims to promote women’s financial independence and enhance insurance awareness across the country.
Launched in December 2024, the programme has been designed to create employment opportunities and expand insurance penetration in communities.
What is LIC Bima Sakhi Yojana?
LIC Bima Sakhi Yojana is a stipend-based training programme exclusively for women. Selected women undergo three years of training to become LIC agents. During this time, they receive a monthly stipend, learn about LIC products, understand financial planning and develop essential customer interaction skills.
Once they complete the training, they can work independently as LIC insurance agents and earn through commissions. Even though they work closely with LIC products, Bima Sakhis are not considered regular LIC employees. They function as trained agents under the scheme.
Objectives of the Scheme
1. Women’s Economic Empowerment
The programme creates income opportunities for women by helping them start a career in the insurance sector.
2. Financial Inclusion
By training local women, LIC strengthens insurance access in rural, tribal and underserved areas.
3. Insurance Awareness
Bima Sakhis help families understand the importance of insurance, savings and financial planning.
4. Flexible and Sustainable Career
Women can work at their own pace while earning commissions and incentives based on performance.
Key Features
Only for Women
The scheme is exclusively for female applicants.
Structured Training
Participants receive systematic training in selling insurance, customer service, documentation and financial literacy.
Monthly Stipend for 3 Years
Women receive a stipend during their training period, making it easier for them to stay financially stable.
Long-Term Career Growth
Once trained, women can continue to earn through commissions and even rise to higher positions like Development Officer.
Flexible Work Hours
The scheme allows women to balance home and career.
Eligibility Criteria
To join the scheme, the applicant must:
- Be a woman
- Be between 18 to 70 years of age
- Have completed at least Class 10 (10th Pass)
- Not be an existing LIC agent
- Not be an immediate family member of current LIC employees or agents (such as spouse, parents, children, siblings)
Stipend Structure and Earnings
The major benefit of the LIC Bima Sakhi Yojana is the monthly stipend, which is provided as follows:
Stipend Amount
- 1st Year: RS -7,000 per month
- 2nd Year: RS- 6,000 per month
- 3rd Year: RS – 5,000 per month
The stipend for the 2nd and 3rd year is performance-linked, meaning the Bima Sakhi must maintain a certain percentage of active policies sold in the previous year.
Earnings After Training
After completing the training, a Bima Sakhi earns through:
- First-year policy commissions
- Renewal commissions (paid every year the policy continues)
- Bonus commissions and performance incentives
Top-performing agents can earn a significant and steady monthly income.
Benefits of LIC Bima Sakhi Yojana
1. Financial Independence
Women earn a stipend during training and later earn commissions as LIC agents.
2. Skill Development
They receive training in sales, communication, financial planning and customer handling.
3. Social Impact
Bima Sakhis help increase awareness of insurance in villages and towns.
4. Flexible Work Life
Women can choose their work hours, making it ideal for homemakers and part-time workers.
5. Long-Term Income
Renewal commissions ensure income continues even in later years.
Documents Required
- Aadhaar Card
- PAN Card
- 10th Pass Certificate
- Address Proof
- Passport-size Photos
- Bank Account Details
How to Apply for LIC Bima Sakhi Yojana
Women can apply through:
1. LIC Official Website
Go to the LIC Bima Sakhi section and fill out the online application form.
2. LIC Branch Office
Visit the nearest LIC office and ask for the Bima Sakhi registration process.
3. LIC Development Officer
Many Development Officers help with onboarding and guiding new applicants.
After verification, selected candidates begin their training programme.
Who Should Join LIC Bima Sakhi Yojana?
This scheme is ideal for:
- Housewives looking for income
- Women in rural or semi-urban areas
- Women seeking part-time or flexible work
- Students (18+) wanting early financial independence
- Women interested in sales or financial services
- Women who enjoy community interaction
The LIC Bima Sakhi Yojana is a powerful step towards empowering women by offering them financial stability, confidence and career opportunities. Through structured training, guaranteed stipends and commission-based income, this scheme helps women become financially independent while contributing to the spread of insurance awareness across India.
If you are a woman looking to build a flexible yet meaningful career, the LIC Bima Sakhi Yojana offers an excellent platform to begin your journey.
Frequently Asked Questions (FAQs)
1. Is Bima Sakhi a permanent job in LIC?
No, it is not a permanent job. Bima Sakhis work as trained LIC agents.
2. How much can a woman earn per month?
During training: ₹5,000 to ₹7,000 per month
After training: Unlimited earnings based on commissions.
3. What is the minimum education required?
Minimum qualification is 10th pass.
4. Can married women apply?
Yes, any woman between 18–70 years can apply.
5. Is there an application fee?
Usually, there is no major fee, but requirements may differ across LIC divisions.
👉 Apply Here 👈
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