Bima Sakhi Yojana is LIC’s Mahila Career Agent (MCA) scheme for women: it pays a monthly stipend of ₹7,000 in the first year, ₹6,000 in the second and ₹5,000 in the third while you train and work as an LIC insurance agent, and you earn regular commission on top of the stipend. Any woman aged 18 to 70 who has passed Class 10 can apply online through LIC’s website, licindia.in. The stipend runs for three years; after that you continue as a normal LIC agent on commission.
What is Bima Sakhi Yojana?
Launched by the Prime Minister on 9 December 2024, Bima Sakhi is a three-year stipendiary scheme run by the Life Insurance Corporation of India exclusively for women. The idea is simple: becoming an insurance agent has an income gap in the beginning, when you are still learning to sell. The stipend bridges that gap so women — especially in rural areas — can build an agency career without going months unpaid.
Two clarifications matter, straight from LIC’s official scheme page:
- A Bima Sakhi is not an LIC employee. The appointment is as an insurance agent, not a salaried post.
- Bima Sakhis are “normal agents with additional benefits of stipends”. You must pass the agent’s pre-recruitment examination prescribed by IRDAI and follow the same agency regulations as any LIC agent.
Stipend Structure Over 3 Years
| Stipendiary year | Stipend per month | Condition attached |
|---|---|---|
| First year | ₹7,000 | Meet the monthly business norms (below) |
| Second year | ₹6,000 | At least 65% of first-year policies must still be in force at the end of the corresponding month |
| Third year | ₹5,000 | At least 65% of second-year policies must still be in force at the end of the corresponding month |
The stipend is not unconditional. Within each year, LIC sets month-wise minimums for the number of lives insured and the first-year commission you generate:
| Period of the year | New lives each month | First-year commission each month |
|---|---|---|
| First 4 months | 1 | ₹2,000 |
| Next 4 months | 2 | ₹4,000 |
| Last 4 months | 3 | ₹6,000 |
| Year total | 24 | ₹48,000 |
In plain terms: about 24 policies a year keeps you fully on track. If you fall short in a month but make up the shortfall later in the same year (and sold at least one policy in that month), LIC pays the missed stipend retrospectively. No stipend is paid for months in which you were completely inactive.
Commission is separate and additional. Whatever policies you sell earn you agent’s commission at LIC’s normal rates, over and above the stipend — and commission continues for as long as the policies stay in force, well beyond the three stipend years.
Who is Eligible?
- Women only — the scheme is exclusively for women.
- Age: minimum 18 years completed on the date of application; maximum 70 years at entry.
- Education: Class 10 pass or higher.
- Resident: permanent resident of India.
Some categories cannot apply, per LIC’s conditions:
- Existing LIC agents, and retired LIC employees or ex-agents seeking reappointment.
- Relatives of existing LIC agents or employees — spouse, children (including adopted and step-children), parents, brothers, sisters and immediate in-laws.
- Employees of the central government, state governments or public sector undertakings.
How to Apply on licindia.in
- Go to licindia.in and click the Bima Sakhi banner/link on the home page (it leads to the Bima Sakhi application form).
- Fill in your name, date of birth, mobile number, email and full address, and select your state, district and the LIC branch you want to work under.
- Verify the OTP sent to your mobile and upload the required documents.
- Submit the form. The branch office then calls you for the next steps: document verification and an interview at the branch with the Branch In-charge or an authorised officer.
- Appear for the IRDAI pre-recruitment examination. On passing, you get your agency code and appointment as a Bima Sakhi (Mahila Career Agent).
Documents needed: age proof, address proof, Class 10 pass certificate, recent photograph and bank account details. Keep self-attested copies ready for the branch visit.
What the Role Involves
A Bima Sakhi’s work is that of a life insurance agent: meeting prospective customers, explaining LIC policies, completing proposals, and servicing policies afterwards so they do not lapse (a policy counts as lapsed if six months pass from the first unpaid premium — and lapses directly hurt your 65% in-force condition for next year’s stipend). LIC provides training on products, financial literacy and insurance awareness through the scheme.
There is also a defined growth path: after completing five agency years, Bima Sakhis who are graduates can compete for the post of Apprentice Development Officer in LIC if they meet the eligibility criteria.
Scheme at a Glance
| Item | Detail |
|---|---|
| Scheme | LIC’s Bima Sakhi (Mahila Career Agent) — women only |
| Launched | 9 December 2024 |
| Stipend | ₹7,000 / ₹6,000 / ₹5,000 per month over three years, plus commission |
| Eligibility | Women 18–70, Class 10 pass, resident of India |
| Yearly business norm | 24 lives insured and ₹48,000 first-year commission |
| Nature of role | Insurance agent (not an LIC employee); IRDAI exam required |
| Apply at | licindia.in (online only) |
| Growth path | Graduates can compete for Apprentice Development Officer after 5 agency years |
If you are comparing income-support and self-employment options, this sarkari yojana list covers the major central schemes in one place. Women looking beyond agency work can also read about the berojgari bhatta yojana unemployment allowances, and anyone building long-term retirement savings from commission income should look at the Atal Pension Yojana.
Frequently Asked Questions
How much does a Bima Sakhi earn per month?
The stipend is ₹7,000 per month in year one, ₹6,000 in year two and ₹5,000 in year three, subject to meeting the business norms. Commission on the policies you sell is paid in addition, so actual earnings can be higher — and after three years, commission becomes the entire income, as for any LIC agent.
Is Bima Sakhi a government job?
No. LIC’s official terms state that the appointment is not a salaried appointment and a Bima Sakhi is not an employee of the Corporation. It is an insurance agency with a three-year stipend support.
What is the education qualification for Bima Sakhi Yojana?
Class 10 pass or higher. You must also clear the pre-recruitment examination prescribed by IRDAI before appointment as an agent.
Can a 60-year-old woman apply?
Yes. The entry age band is 18 to 70 years, so women up to 70 can join.
How many policies must a Bima Sakhi sell to keep the stipend?
The yearly norm works out to 24 lives and ₹48,000 of first-year commission, staggered as 1 policy a month for the first four months, 2 a month for the next four, and 3 a month for the last four. Shortfalls can be made good later in the same year.
Do I lose the stipend if my customers stop paying premiums?
It can affect you. The second-year stipend requires at least 65% of your first-year policies to be in force at the corresponding month, and the third year applies the same test to second-year policies. Servicing your policies is part of the job.
Where do I apply for Bima Sakhi Yojana?
Only online, through LIC’s official website licindia.in. There is no offline application route; after the online form, the process moves to your chosen LIC branch for interview and appointment.
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