The Bima Sakhi Yojana is a comprehensive scheme designed not only to provide immediate financial support but also to build a sustainable, empowering path for women’s long-term growth and independence. It’s about creating leaders and changemakers in the community. This initiative has the potential to transform lives and uplift communities, making a real difference in society.

LIC’s Bima Sakhi Yojana is a 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.

The Bima Sakhi Yojana is a government initiative through Life Insurance Corporation of India (LIC) aimed at empowering women. Here are the key details:

Monthly Stipend: Selected women agents will receive a monthly stipend for the first three years.

First Year: ₹7,000 + attractive commission

Second Year: ₹6,000 + attractive commission

Third Year: ₹5,000 + attractive commission

Educational Qualification: Minimal, with eligibility set at a 10th-grade pass.

Objective: This initiative by the government aims to empower women, providing them with an excellent opportunity to become self-reliant.

Training Programs: Extensive training to enhance skills and knowledge about the insurance sector.

Support System: Robust support system, including mentorship and continuous learning opportunities.

Financial Independence: Promoting financial independence among women.

Community Impact: Encouraging women to take on leadership roles and become role models.

Healthcare and Insurance Benefits: May include healthcare and insurance benefits.

Entrepreneurial Opportunities: Encourages women to take on entrepreneurial roles.

Recognition and Awards: Recognition and awards for exceptional agents.

Educational Workshops: Regular workshops and seminars.

Loan Facilities: Loan facilities at low-interest rates for business ventures.

Digital Literacy: Training in digital tools and platforms.

Work-Life Balance: Support for balancing professional and personal lives.

Career Progression: Qualified agents can become LIC Development Officers within five years.

This comprehensive scheme is designed to provide immediate financial support and build a sustainable, empowering path for women’s long-term growth and independence.