Prime Minister Bima Sakhi Scheme: Apply online for LIC Bima Sakhi Yojana, Online Registration, Eligibility in english

The Prime Minister of India, Narendra Modi, is set to launch a significant initiative, the Prime Minister Bima Sakhi Scheme (LIC Bima Sakhi Yojana) aimed at empowering women and promoting financial inclusion across the country. The scheme, being launched in Panipat, Haryana, by the Indian Life Insurance Corporation (LIC), is a unique initiative that focuses on giving women the opportunity to become agents of financial literacy and awareness. Through this scheme, the government aims to create employment opportunities for women, enabling them to contribute to their families and communities while playing a vital role in expanding LIC’s reach.

What is Prime Minister Bima Sakhi Scheme

The LIC Bima Sakhi Yojana is designed as a stipend-based program specifically for women, with the goal of increasing financial inclusion and insurance awareness. The scheme offers women an opportunity to become part of India’s largest life insurance corporation as Bima Sakhis or Insurance Friends. Under this initiative, women will be provided with specialized training for three years, during which they will receive a stipend while learning about financial literacy, insurance products, and related services.

The first year will involve intensive training on financial literacy and awareness of LIC products, where trainees will be required to understand the basic concepts of insurance. After completing the training, these women will be able to work as LIC agents and sell policies, earning a commission along with their stipend. By the end of the three years, the program aims to not only provide financial knowledge but also empower women to take on leadership roles such as Development Officer, depending on their performance.

Bima Sakhi Yojana Eligibility Criteria

• Age:- Minimum age: 18 years & Maximum age: 70 years (Bima Sakhi Yojana Age Limit)
• Educational Qualification:- At least 10th grade pass (Class 10 or equivalent)
• Gender:- The scheme is exclusively for women.
• Relationship with LIC Agents:- Relatives of current LIC agents, employees, retired employees, or former agents are not eligible to apply.
• Location:- Open to women in both rural and urban areas across India.
• Health:- No specific health criteria mentioned, but applicants must be fit for the role of an LIC agent.

Key Features of the LIC Bima Sakhi Yojana

Stipend-Based Training: The program provides a stipend to candidates during their training period. In the first year, candidates will receive a stipend of ₹7,000 per month. In the second year, the stipend reduces to ₹6,000 per month, contingent on the successful completion of at least 65% of the policies initiated in the first year. In the third year, the stipend further reduces to ₹5,000 per month, contingent upon the fulfillment of the same condition for the second year.

Eligibility Criteria: The scheme is open to women aged between 18 and 70 years. The minimum qualification required to apply is the completion of class 10, ensuring that even women with basic education can participate. However, relatives of current LIC agents or employees, including parents, children, siblings, and in-laws, are not eligible for the program. Additionally, retired LIC employees or former agents are also excluded from applying.

Career Path: After completing the training, the Bima Sakhis will be qualified to work as LIC agents. They will have the opportunity to advance to higher positions, including Development Officer, if they meet the criteria and achieve their sales targets.

Commission and Income Potential: As LIC agents, Bima Sakhis will earn a commission on policies sold. The commission for the first year will be ₹48,000, excluding bonus commissions. As they gain experience and meet their targets, they can increase their earnings through commissions and bonuses.

Focus on Women’s Empowerment: One of the primary goals of the LIC Bima Sakhi Yojana is to empower women financially. The scheme gives women the chance to become financially independent and contribute to their family’s well-being. It is particularly significant for women in rural and semi-urban areas, who may have limited access to formal employment opportunities.

Lic Bima Sakhi yojana Apply online:- The Process to Apply

Lic Bima Sakhi yojana Online Registration

• Interested candidates can apply for the scheme through the official LIC website or via designated LIC centers. The online registration process requires filling out a detailed application form with personal information, qualifications, and contact details.

Document Submission

• Applicants will need to submit self-attested copies of several documents, including:

• Proof of age (birth certificate, Aadhaar card, etc.)
• Proof of address (Aadhaar card, utility bills, etc.)
• Educational qualification certificates (Class 10 certificate or higher)

Training Period

• After successful registration, candidates will undergo the training period, which lasts for three years. During this time, they will receive a stipend and hands-on experience selling LIC products.

Performance Evaluation

• The performance of candidates will be evaluated based on the policies they sell. Successful completion of the required targets each year will ensure continued stipends and progression to higher levels within the organization.

Job Role After Completion

• After completing the three years of training, Bima Sakhis will be eligible to work as LIC agents and will have the opportunity to take on leadership roles such as Development Officers.

Benefits of the LIC Bima Sakhi Yojana

• Financial Independence for Women: The scheme aims to uplift women by offering them an opportunity to earn a steady income. With the stipend and commissions from selling LIC policies, women can significantly improve their financial standing.
• Creating a Network of Women Agents: The scheme also aims to create a nationwide network of women agents who can promote insurance awareness in their communities. These women will act as role models and inspire others to consider insurance as a means of financial security.
• Promoting Financial Literacy: By providing training on financial products and services, the Bima Sakhi Yojana helps promote financial literacy among women, who are often excluded from financial decision-making. This initiative aims to reduce financial illiteracy and empower women to make informed decisions about their personal finances.
• Rural and Urban Focus: The LIC Bima Sakhi Yojana is expected to benefit women in both rural and urban areas, providing them with opportunities to become agents and earn a livelihood.
• Empowerment and Self-Reliance: By becoming LIC agents, women gain valuable skills in sales, customer service, and leadership, fostering a sense of independence and self-reliance.

How to download Bima Sakhi Yojana Form PDF?

• Visit the Official LIC Website: Go to the official Life Insurance Corporation of India (LIC) website.
• Find Bima Sakhi Yojana Section: Look for the “Bima Sakhi Yojana” section on the homepage or under the “Insurance Agents” or “Opportunities” tab.
• Download Application Form: Locate and click on the “Application Form” link. It will redirect to a downloadable PDF form.
• Fill in the Details: Download the form, print it, and fill in the required details like personal information, contact details, and qualifications.
• Submit Documents: Attach necessary documents (age proof, address proof, educational certificates) as instructed in the form.
• Submit the Form: Submit the filled form along with documents to the nearest LIC branch or as per the instructions provided.
• Make sure to check the specific instructions provided by LIC for online or offline submission.

Home