LIC BIMA SAKHI YOJANA
The LIC Bima Sakhi Yojana is an initiative launched by the Life Insurance Corporation of India (LIC) aimed at empowering women by providing them with opportunities to become agents and contribute to the nation’s financial security while ensuring a steady source of income. The program is designed to promote financial literacy among women, improve their economic independence, and provide them with a platform to serve their communities as LIC agents. In addition to regular commissions, the Bima Sakhi Yojana guarantees a monthly salary for the first three years, making it an attractive career option for women. This program will help women from villages to towns work part-time or full-time.
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With LIC Bima Sakhi Yojana , women can work part-time or full-time as per their choice. Lakhs and lakhs of agents are already working as agents since many decades. Insurance agency has become a respectable profession among the other professions.
Performance oriented Stipendiary scheme exclusively for women with a stipendiary period of three years. The scheme aims to provide job opportunities that combine the dual benefit of financial benefit and flexible working hours.
LIC Bima Sakhi Yojana Career Agent Salary (Stipend)
First Year | Rs. 7,000/- per month |
Second Year | Rs. 6,000/- per month |
Third Year | Rs. 5,000/- per month |
Eligibility and Application Process
To become a Bima Sakhi Yojana , women must meet certain eligibility criteria:
- Age: Applicants must be between the ages of 18 and 45 years.
- Educational Qualification: A minimum of 10th grade education is required, but the scheme is open to women of all educational backgrounds, even those with minimal formal education.
- Other Criteria: Applicants should have good communication skills and a willingness to work as an LIC agent. Knowledge of the local area and the ability to interact with people is an advantage.
Any woman of age 18 to 70 interested in the Bima Sakhi Yojana can apply through their nearest LIC branch or through their local LIC agents. After the application process, selected candidates undergo training before they are officially inducted into the scheme.
Objectives of the LIC Bima Sakhi Yojana
The Bima Sakhi by LIC of India has been designed with several key objectives in mind:
Empower Women: One of the primary goals of the is to create income-generating opportunities for women, especially those from rural and semi-urban areas. The idea is to help women gain financial independence, which can significantly improve their quality of life and give them a voice within their communities.
Promote Financial Inclusion: Bima Sakhi Yojana also aims to increase awareness of life insurance products and services among the masses. Since women are often seen as the primary decision-makers when it comes to family welfare, having female agents will make it easier to reach households and promote life insurance, especially in rural areas.
Increase LIC’s Reach: The initiative helps LIC expand its reach into underserved areas. Women agents, known as Bima Sakhis, are encouraged to educate people about the benefits of life insurance, ultimately contributing to the expansion of LIC’s customer base.
Sustainability and Social Impact: By providing consistent income and career advancement opportunities, the scheme not only helps in reducing poverty but also plays a part in uplifting the status of women in society.
Key Features of the LIC Bima Sakhi Yojana
Income Stability: Unlike the traditional commission-based income model for LIC agents, the Bima Sakhi Yojana provides a monthly salary for the first three years, ensuring a fixed income for women starting their careers as LIC agents. This provision addresses one of the main concerns women face when considering a commission-based job: financial instability.
Training and Support: Women who join the scheme are given extensive training by LIC to help them understand the various life insurance products, sales techniques, and customer service practices. They are also provided with ongoing support to help them succeed in their new roles.
Flexibility: As Bima Sakhi Yojana are often from local communities, they have the flexibility to work from their homes or locally. This reduces commuting time and allows them to balance work with other responsibilities, such as family care. This makes the scheme particularly appealing for women who may not be able to pursue full-time office jobs.
Career Growth: While the scheme offers a monthly salary for the first three years, agents also have the opportunity to earn commissions once they gain experience and build a client base. Over time, Bima Sakhi can achieve higher earnings, promotions, and incentives, thereby providing a path for career growth.
Insurance Coverage: Bima Sakhi are also entitled to LIC’s own insurance products, which means that they, too, can benefit from LIC’s offerings, improving their own financial security.
Benefits of Becoming a Bima Sakhi
- Steady Income: The guaranteed monthly salary for three years ensures a financial cushion for women as they begin their careers as LIC agents.
- Work Flexibility: Women can work at their own pace, balancing work and family responsibilities.
- Professional Recognition: Becoming a Bima Sakhi is not just a job; it’s an opportunity for women to be seen as important community figures, trusted with the responsibility of advising families on life insurance and financial planning.
- Job Security: Once they have completed the initial phase, Bima Sakhi can earn commissions on the insurance policies they sell, providing opportunities for long-term income.
LIC BIMA SAKHI YOJANA (BECOME MAHILA LIC AGENT) APPLY NOW
The LIC Bima Sakhi Yojana is a remarkable initiative that empowers women by offering them a chance to become self-reliant, professional LIC agents while also contributing to the country’s insurance penetration. With guaranteed income for the first three years, training, and the potential for further career growth, the Bima Sakhi Yojana has emerged as a transformative opportunity for women in India, particularly those in rural and semi-urban areas. By offering both economic and social benefits, this initiative is helping build a more financially secure future for women and their families.
To enroll for LIC Bima Sakhi Yojana, call 9886568000