LIC

LIC’s Bima Sakhi Yojana: Women Can Earn Over ₹2 Lakh with This Empowerment Scheme—Know How to Apply

by

LIC
New Delhi: In a major step toward empowering rural women and promoting self-reliance, the Life Insurance Corporation of India (LIC) has launched an exclusive initiative known as the Bima Sakhi Yojana. Announced by Prime Minister Narendra Modi on December 9, 2024, in Haryana, this scheme provides women not just career training but also direct financial support that can exceed ₹2 lakh over three years.

This program is part of the government’s broader mission to boost women’s participation in economic activities, especially in underserved regions, and offers a powerful combination of skill development and financial independence.

What is the Bima Sakhi Yojana?

The Bima Sakhi Yojana is a specially designed LIC scheme aimed at training rural women to become LIC insurance agents. Under the scheme, women undergo three years of structured training, during which they receive a monthly stipend and opportunities to earn additional commissions.

The objective is clear: to turn rural women into financially independent professionals by equipping them with the skills needed to sell insurance policies and provide financial advice in their communities.

Year-Wise Stipend Structure

The scheme offers direct financial assistance for three years, structured as follows:

  • Year 1: ₹7,000 per month

  • Year 2: ₹6,000 per month

  • Year 3: ₹500 per month

In total, the stipend alone adds up to over ₹1.58 lakh over three years. Additionally, women are eligible to earn commissions from policy sales, with potential income of up to ₹48,000 in the first year alone. This means a motivated participant can earn more than ₹2 lakh within the training period itself.

Additional Benefits

Upon successful completion of the training, participants receive:

  • A Bima Sakhi Certificate

  • An official LIC Agent Code

These credentials authorize them to work as certified LIC agents, opening the door to long-term earning opportunities and career growth in the insurance sector.

Who Can Apply?

The scheme primarily targets women from rural areas, especially those seeking to become financially self-reliant. Candidates must meet LIC’s basic eligibility criteria and show interest in pursuing a professional path in insurance services.

How to Apply

Interested women can apply online through the official LIC website. The application process is user-friendly, and selected candidates will be contacted by LIC for further steps, including training schedules and onboarding details.

Why This Scheme Matters

In a country where women—especially in rural regions—often face limited employment opportunities, the Bima Sakhi Yojana provides a structured, income-generating path. It not only gives them financial support during training but also enables them to build a career with ongoing income potential as LIC agents.

This initiative by LIC is not just about insurance—it’s about creating local entrepreneurs who are financially literate, independent, and capable of influencing positive change in their communities.

Disclaimer: The information provided here is for general awareness. Please consult the official LIC website or speak to an authorized LIC representative before making any decisions.

Author Profile

Kuldeep Singh Chundawat
Kuldeep Singh Chundawat
My name is Kuldeep Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.