India’s Life Insurance Corporation (LIC) has launched an empowering scheme called Bima Sakhi Yojana, helping women achieve financial independence by becoming insurance agents. This initiative offers monthly stipends, training, and commissions, making it a golden opportunity for homemakers, students, and aspiring entrepreneurs. Here’s everything you need to know:
What is Bima Sakhi Yojana?
LIC’s Bima Sakhi Yojana trains and employs women as insurance agents, allowing them to earn:
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First-year earnings: Up to ₹48,000 in commissions (excluding bonuses).
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Monthly stipend: ₹5,000–7,000 for three years.
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Extra income: Additional commissions on policy sales.
This scheme is designed for women aged 18–70, even with just a 10th-grade education.
Key Benefits & Incentives
✅ No Experience Needed – LIC provides free training.
✅ Flexible Work – Can be done part-time or full-time.
✅ Stable Income – Guaranteed stipend for three years:
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Year 1: ₹7,000/month
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Year 2: ₹6,000/month (if 65% policies stay active)
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Year 3: ₹5,000/month (if 65% policies stay active)
✅ Career Growth – Graduates can later become Development Officers.
Eligibility & Required Documents
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Age: 18–70 years
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Education: Minimum Class 10 pass
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Documents Needed:
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Aadhaar Card
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PAN Card
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Bank Passbook
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Address Proof
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10th Marksheet
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Passport-size Photo
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Mobile Number & Email ID
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How to Apply? (Step-by-Step Process)
1️⃣ Visit LIC’s official website.
2️⃣ Click on Bima Sakhi Yojana application link.
3️⃣ Fill the form with personal & educational details.
4️⃣ Upload required documents.
5️⃣ Pay ₹2,000 fee (₹150 for LIC + ₹500 for IRDA exam).
6️⃣ Submit & save the receipt.
After submission, LIC will contact you for training. Once completed, you can start selling policies and earning.
Who Should Join This Scheme?
✔ Housewives – Earn without leaving home.
✔ Students – Part-time income alongside studies.
✔ Rural Women – No need to relocate; work locally.
✔ Entrepreneurs – Build a business with LIC’s support.
Fact Check & Verifications
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Stipend Structure: Confirmed by LIC’s official circulars.
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Earnings Potential: First-year commissions verified by agents.
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Age Limit: 18–70 as per IRDA guidelines.
Final Verdict: Is Bima Sakhi Yojana Worth It?
Yes! If you want stable earnings, flexible work, and zero investment risks, this scheme is ideal. With free training and LIC’s brand trust, it’s a low-risk, high-reward opportunity for Indian women.
Apply now and take the first step toward financial freedom!