Pradhan Mantri LIC Bima Sakhi Yojana - Application Process, Eligibility, And Required Documents
- LIC Bhima Sakhi (Micro-Insurance Consultants Scheme) is a stipendary-based scheme, especially for Women with a stipend period of 3 years.
- Minimum required age of applicant should be 18 years on the date of applying. Maximum age of the applicant should be less than 70 years.
- A Bhima Sakhi should be completed her 10th standard.
- Minimum performance norms needs to be fulfilled during the each stipendary period.
LIC’s Bima Sakhi MCA Scheme is a progressive program designed to empower women by providing them an opportunity to work as Micro-Insurance Consultants. Through this initiative, women can earn a stipend while engaging in insurance-related work, potentially creating new economic opportunities and financial independence for female participants.
The Bima Sakhi MCA Scheme is a three-year program that supports women’s professional development and financial independence. It offers structured stipends and performance-based rewards while enabling women to help expand LIC’s micro-insurance coverage nationwide, creating a pathway for economic empowerment and career growth.
In the Bima Sakhi MCA Scheme, women participants start with a monthly stipend of ₹7,000 in the first year, with the amount decreasing over the three-year program. To continue receiving the stipend, they must meet specific performance criteria, including securing 24 policies annually and generating ₹48,000 in First Year Commission.
What is LIC Bima Sakhi Scheme?
| Scheme Name | Bima Sakhi MCA Scheme |
| Launched By | Life Insurance Corporation of India (LIC) |
| Target Applicants | Women Only |
| Type Of Yojana | Stipendiary Scheme (Not a salaried position) |
| Launch Date | 09 December 2024 |
| Stipend Period | 3 years |
| Monthly Stipend | 1st Year – Rs. 7,000 2nd Year – Rs. 6,000 3rd year – Rs. 5,000 |
| Mode Of Application | Online through the official LIC website |
| Official Website | https://licindia.in/lic-s-bima-sakhi |
The Bima Sakhi Scheme empowers women by providing an opportunity to become Micro-Insurance Consultants for LIC. Unlike traditional employment, this innovative program offers participants a three-year stipend and the potential to earn commissions. By bridging financial support with professional development, the scheme enables women to enter the micro-insurance sector and build a sustainable income stream while serving their communities.
The MCA scheme opens doors for women seeking professional growth, offering opportunities to those who might face traditional employment barriers. Candidates qualify through a carefully structured selection process that considers age, educational background, and professional potential. This initiative goes beyond typical job training, providing a pathway for women to achieve financial empowerment while balancing personal responsibilities and professional aspirations.
PM LIC Bima Sakhi Scheme Stipend & Performance Criteria
Under the Bima Sakhi MCA Scheme, participants receive a progressively structured monthly stipend over three years, with earnings tied to specific performance milestones:
| First Year |
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| Second Year |
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| Thrid Year |
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LIC Bima Sakhi: Eligibility Criteria
LIC Bima Sakhi - Age Requirements
- Minimum Age: 18 years (calculated from the application date)
- Maximum Age: 70 years (based on last birthday)
Educational Qualification
Minimum Academic Requirement: Successfully completed 10th standard examination
Prohibited Candidacies
The following individuals are explicitly disqualified from applying:
- Relatives of current LIC agents or employees, encompassing:
- Spouses
- Parents
- Siblings
- In-laws
- Retired LIC employees seeking reappointment
- Current LIC agents attempting to join through this recruitment process
These stringent eligibility criteria ensure fair and transparent candidate selection, preventing potential conflicts of interest and maintaining the integrity of the Bima Sakhi recruitment program. The guidelines are designed to open opportunities for new candidates while safeguarding the professional standards of the Life Insurance Corporation of India.
LIC Bima Sakhi: Essential Documentation Checklist
Documentation Requirements for Applicants
Mandatory Submission Documents:
| Age Verification | Self-attested photocopy of age proof document (such as Aadhaar card, PAN card, birth certificate, or school leaving certificate) |
| Address Confirmation | Self-attested photocopy of address proof (including Aadhaar card, utility bill, voter ID, or passport) |
| Educational Credentials | Retention Requirement: Maintain active status for 65% of second-year policies each month |
| Identification | One recent passport-sized color photograph (standard specifications apply) |
Application Submission Guidelines:
- Complete all sections of the application form accurately and legibly
- Verify that all submitted documents are clear, readable, and self-attested
- Ensure photograph meets standard passport image requirements
Gentle Reminder: Incomplete or incorrectly filled applications will be summarily rejected. Candidates must exercise diligence in document preparation and form completion to avoid disqualification.
Benefits Of LIC Bima Sakhi MCA Scheme: Transformative Opportunities for Women
The LIC Bima Sakhi MCA Scheme offers a comprehensive pathway for women to achieve personal and professional advancement through a uniquely structured opportunity:
Financial Autonomy
Women gain a sustainable income stream that provides financial independence while simultaneously developing a professional career in the insurance sector. The scheme enables participants to generate earnings without the constraints of traditional employment.
Unparalleled Flexibility To Work From Anywhere
Unlike conventional jobs, this program allows women to design their professional journey around personal commitments. Participants can balance familial responsibilities and career aspirations seamlessly, creating a work model that adapts to individual lifestyle needs.
Professional Skill Enhancement
The scheme serves as a dynamic learning platform, equipping participants with critical sales and insurance expertise. Women develop transferable skills including:
- Relationship management
- Communication strategies
- Financial product understanding
- Sales techniques
- Customer relationship building
Holistic Women's Empowerment
By exclusively targeting women, the program represents more than a job opportunity—it’s a strategic initiative to enhance women’s economic participation, build confidence, and create pathways for sustained financial growth and professional development.
This innovative approach transforms the Bima Sakhi MCA Scheme from a mere employment opportunity into a comprehensive professional empowerment program.
How to Apply for Bima Sakhi Yojana - Application Process Simplified
Step-by-Step Bima Sakhi MCA Scheme Online Application Process
Step 1: Website Access
- Open the official LIC website (www.licindia.in)
- Look for the dedicated Bima Sakhi Yojana application link (https://licindia.in/lic-s-bima-sakhi)
Step 2: Application Page Navigation
- Click on the “Apply for Bima Sakhi Yojana” link
- Ensure a stable internet connection before proceeding
Step 3: Information Input
Required Details:
- Personal Information
- Full name
- Date of birth
- Complete address
- Contact details
- Geographical Information
- State selection
- District selection
Step 4: Verification and Submission
- Carefully review all entered information
- Confirm accuracy of each field
- Submit the online application form
Step 5: Confirmation
- Instant on-screen confirmation
- Simultaneously receive notification via registered mobile number
Important Application Submission Tips:
- Double-check every detail before final submission
- Incorrect information may lead to application rejection
- Keep application confirmation for future reference
Recommendations:
- Gather all necessary documents beforehand
- Ensure stable internet connectivity
- Have your mobile number and email readily available
Note: Application processes may occasionally be updated. Always refer to the most recent guidelines on the official LIC website.
Important Links
Official Website – https://licindia.in/
LIC Bima Sakhi Yojana Details – Check Here
Registration Link – Click Here