The LIC Bima Sakhi Yojana is a women-centric initiative launched by the Life Insurance Corporation of India (LIC) to provide employment opportunities and financial independence to women across the country. Under this scheme, eligible women are trained as LIC Insurance Agents (Bima Sakhis) and receive a monthly stipend during the training period, along with the opportunity to earn commissions by selling LIC insurance policies.
Unlike a regular government job, the Bima Sakhi Yojana is a self-employment program that allows women to work independently, choose flexible working hours, and build a long-term career with LIC. The scheme is especially beneficial for women in rural and semi-urban areas who wish to earn a stable income without making any investment.
Objectives of the Scheme
The primary goal of the Bima Sakhi Yojana is to empower women by creating sustainable livelihood opportunities. The scheme also aims to:
- Increase insurance awareness across India.
- Improve financial literacy among families.
- Encourage women to become financially independent.
- Strengthen LIC’s insurance network in villages and towns.
- Create self-employment opportunities for lakhs of women.
Eligibility Criteria
Women applying for the scheme must fulfill the following conditions:
- Must be an Indian citizen.
- Only female candidates are eligible.
- Age should be between 18 and 70 years.
- Must have passed 10th Standard (Matriculation) or an equivalent qualification.
- Should meet LIC’s eligibility requirements for becoming an insurance agent.
Who Is Not Eligible?
Generally, the following applicants cannot apply:
- Existing LIC Insurance Agents.
- Retired LIC employees.
- Former LIC agents seeking reappointment under this scheme.
- Close relatives of LIC employees or agents, as per LIC rules.
- Applicants who fail to meet LIC’s recruitment guidelines.
Monthly Stipend
Selected candidates receive financial support during the training period:
| Year | Monthly Stipend |
|---|---|
| First Year | ₹7,000 |
| Second Year | ₹6,000* |
| Third Year | ₹5,000* |
*The stipend in the second and third years is subject to meeting LIC’s prescribed performance criteria.
Apart from the stipend, candidates also earn commission and incentives by selling LIC insurance policies, which can significantly increase their total income.
Training
After selection, LIC provides professional training covering:
- Insurance products and services.
- Financial planning basics.
- Customer communication skills.
- Digital insurance platforms.
- Sales and marketing techniques.
- LIC rules and regulations.
- Claim settlement procedures.
- Ethics and customer service.
After completing the required training and certification, candidates begin working as LIC Insurance Agents.
Income After Training
Once appointed as a Bima Sakhi, a woman can earn income through:
- Monthly stipend (during the scheme period).
- Insurance policy commissions.
- Performance incentives.
- Renewal commissions.
- Special LIC reward schemes.
Since earnings are commission-based, there is no upper income limit. Women who sell more policies can earn substantially higher incomes.
Documents Required
Applicants generally need:
- Aadhaar Card.
- PAN Card (if available).
- 10th Pass Certificate.
- Passport-size Photograph.
- Address Proof.
- Mobile Number.
- Email ID.
- Bank Account Details.
- Any additional documents requested by LIC.
Step-by-Step Application Process
Step 1
Visit the official LIC website or the Bima Sakhi registration portal.
Step 2
Click on “Bima Sakhi Registration”.
Step 3
Enter your:
- Name
- Mobile Number
- Date of Birth
- Email ID
- Address
- Educational Qualification
Step 4
Upload the required documents.
Step 5
Submit the application form.
Step 6
LIC verifies your eligibility and documents.
Step 7
Eligible candidates are contacted by the nearest LIC branch for counselling and document verification.
Step 8
Attend the mandatory LIC training program.
Step 9
Complete the required licensing process.
Step 10
Start working as a LIC Bima Sakhi and begin earning stipend, commission, and incentives.
Key Benefits
- Monthly financial assistance during training.
- No large investment required.
- Flexible working hours.
- Opportunity to earn unlimited commissions.
- Professional training from LIC.
- Self-employment with career growth.
- Financial independence for women.
- Chance to build a long-term insurance business.
Important Points
- This is not a permanent government job.
- The monthly stipend is available only during the specified scheme period and is linked to performance.
- Income after training mainly depends on insurance policy sales and renewals.
- Women can continue working as LIC Insurance Agents even after the stipend period ends, subject to LIC’s rules.
Apply Online
The LIC Bima Sakhi Yojana is an excellent opportunity for women seeking self-employment and financial independence. With free professional training, a monthly stipend during the initial years, and unlimited earning potential through commissions, the scheme helps women develop valuable financial and entrepreneurial skills. Those who are willing to interact with customers and actively promote LIC insurance products can build a rewarding long-term career under this initiative.
