The Life Insurance Corporation of India (LIC) is offering women a chance to earn a monthly income through its Bima Sakhi Yojana. The scheme is specially designed to help women become financially independent by training them to work as LIC insurance agents. (File Photo)
What is LIC Bima Sakhi Yojana?
LIC’s Bima Sakhi Yojana is a three-year stipendiary programme for women. Under the scheme, selected candidates are trained in insurance services, financial literacy, and LIC products. After completing the training, participants can continue working as LIC agents and earn commissions on policies sold. The scheme was launched to create employment opportunities and improve insurance awareness across India. (Image: Pexels)
Who Can Apply?
Women interested in joining the scheme must meet these conditions: Must be between 18 and 70 years of age, must have passed at least Class 10, and should not already be an LIC agent. Certain relatives of existing LIC employees or agents are not eligible under the scheme. Applicants also need to clear the examination prescribed by IRDAI before becoming agents. (Image: Pexels)
How Much Money Will Participants Get?
Women selected under the scheme receive a fixed monthly stipend for three years, subject to performance conditions: First year: Rs 7,000 per month; Second year: Rs 6,000 per month; Third year: Rs 5,000 per month. Apart from the stipend, participants can also earn commissions on insurance policies they sell. However, to continue receiving the stipend in later years, participants must maintain certain business and policy performance targets set by LIC. (Image: Facebook)
What Training is Provided?
Under the programme, women receive training related to LIC insurance products, customer service, financial literacy, insurance awareness and sales skills. The scheme also offers flexible working hours, making it suitable for women looking for part-time or self-managed work opportunities. (Image: licdelhionline.com)
How to Apply for LIC Bima Sakhi Yojana?
Interested candidates can apply online through the official LIC India website. Applicants usually need documents such as Aadhaar card, educational certificates, address proof, passport-size photographs, mobile number and bank details. (mage: Pexels)
