LIC Bima Sakhi Yojana 2025 Calculator
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About LIC Bima Sakhi Yojana (Click to Expand)
▼LIC Bima Sakhi Yojana 2025, launched by Prime Minister Narendra Modi, is a significant initiative by Life Insurance Corporation of India (LIC) aimed at empowering women, especially in rural areas.
This scheme offers women the opportunity to become insurance agents and provides a stipend for three years to support them financially as they establish themselves. It is part of LIC's MCA (Member of Corporate Agency) scheme, specifically designed for women.
Key Objectives:
- To train women in the insurance sector.
- To provide an independent source of income for women.
- To spread insurance awareness in rural regions.
- To help women build a strong, self-reliant identity.
It's not a traditional job but an independent working model offering training, commission on policy sales, and a fixed stipend for three years, contingent on performance.
Stipend Structure and Performance Conditions:
The monthly stipend is performance-based over three years:
- Year 1: ₹7,000 per month.
- Performance Expectation: Earn at least ₹48,000 in commission and sell a minimum of 24 new policies. (These targets for Year 1 impact Year 2 stipend).
- Year 2: ₹6,000 per month, IF Year 1 targets were met AND at least 65% of Year 1 policies remain active.
- Year 3: ₹5,000 per month, IF eligible for Year 2 stipend AND at least 65% of Year 2 policies remain active.
This structure makes the scheme sustainable and skill-based, encouraging Bima Sakhis to improve their economic status and inspire others.
Eligibility & Application Process (Click to Expand)
▼Eligibility Criteria:
- Age: Between 18 and 70 years.
- Educational Qualification: Minimum 10th standard pass.
- Residency: Preference is given to women residing in rural areas.
Exclusions (Not Eligible to Apply):
- Existing LIC agents.
- Family members of existing LIC agents (spouse, parents, siblings, etc.).
- Former LIC agents whose agency was terminated.
- LIC employees who have retired or resigned.
Application Process:
The application process for the Bima Sakhi Yojana is entirely online.
- Interested women can visit the official LIC website.
- Fill out the application form available on the portal.
- Upload self-attested copies of the following documents:
- Passport-size photograph.
- Age proof (e.g., Aadhaar Card, Birth Certificate).
- Address proof.
- Educational qualification certificates (10th pass minimum).
Important: Incomplete applications or applications without the required documents uploaded may be automatically rejected. Ensure all information is accurate and documents are clear.