LIC Bima Sakhi Scheme 2026: The LIC Bima Sakhi Scheme is a women-focused initiative designed to create employment opportunities and financial independence. It offers structured training, a monthly stipend, and the chance to build a long-term career in insurance. The program supports women in becoming LIC agents within their local communities.
Through this scheme, participants receive professional guidance and earn a monthly stipend during the training period. Over time, they can increase their income through commissions and renewals. The initiative promotes skill development, flexible work, and steady career growth for women across urban and rural areas.
LIC Bima Sakhi Scheme Introduction and Purpose
The LIC Bima Sakhi Scheme was launched to empower women by providing a stable entry into the insurance sector. It focuses on skill development, financial independence, and creating job opportunities at the local level. Participants receive training to become LIC agents and support their communities through insurance awareness.
The scheme also aims to increase insurance coverage across the country. By training women as agents, LIC ensures better outreach in rural and semi-urban regions. It helps women gain confidence, earn income, and establish a career in financial services.
Eligibility Criteria for LIC Bima Sakhi Scheme
The scheme is open only to women who want to start a career as insurance agents. Applicants must be at least 18 years old and can apply up to the age of 70. A minimum education qualification of 10th pass is required to participate.
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Candidates must clear the LIC agent examination and interview process. Government employees are not eligible to apply. Once selected, women receive training and support to begin their work in their local communities.
LIC Bima Sakhi Scheme 2026: Overview
| Key Information | Details |
|---|---|
| Scheme Name | LIC Bima Sakhi Scheme |
| Launched | December 2024 |
| Target Group | Women |
| Minimum Education | 10th Pass |
| Age Limit | 18 to 70 Years |
| Stipend Year One | ₹7,000 per month |
| Stipend Year Two | ₹6,000 per month |
| Stipend Year Three | ₹5,000 per month |
| Income Source | Stipend plus commission |
| Job Type | LIC Insurance Agent |
Monthly Stipend and Earnings Structure Details
Participants receive a monthly stipend during the training period to support their initial work. In the first year, they can earn ₹7,000 per month if they meet performance requirements. The stipend is designed to encourage consistent activity and skill building.
In the second year, the stipend may be ₹6,000 per month, followed by ₹5,000 in the third year. Apart from this fixed support, agents can earn additional income by selling insurance policies and maintaining customer relationships.
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Training and Skill Development Opportunities
Selected candidates receive professional training from LIC to understand insurance products, customer communication, and financial planning. This training helps women become confident and capable agents in their areas. It also prepares them for long-term career growth.
Training sessions include practical knowledge about policy selling, client support, and service management. After completing the training, participants can work independently and start building a steady income source through commissions and renewals.
Career Growth and Long Term Opportunities
The scheme offers more than short-term income. It allows women to build a long-term career in the insurance sector. As experience increases, agents can improve their skills and customer base, leading to higher earnings over time.
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Some participants may get opportunities to grow into higher roles within LIC based on performance and experience. This career path encourages continuous learning, dedication, and professional development in the financial services field.
How Commission Income Increases Over Time
Apart from the stipend, agents earn commissions on each insurance policy sold. This creates an additional income stream that can grow with effort and consistency. Over time, experienced agents can earn significantly more than the basic stipend.
Agents also receive renewal commissions when customers continue their policies. This helps create steady long-term earnings. The more clients an agent serves, the more stable and rewarding the income becomes.
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Application Process and Joining Steps Explained
Women interested in joining can apply through the LIC official website or visit their nearest LIC branch. They may also contact a Development Officer for guidance about the application process and training schedule.
After applying, candidates must pass an agent examination and attend an interview. Once selected, they receive training and begin working as licensed agents. The stipend starts during the training and early working phase.
Work Flexibility and Local Employment Benefits
The scheme provides flexible working hours, allowing women to balance personal and professional responsibilities. Agents can work within their own locality, which makes it easier to connect with people and build trust.
This local employment model is especially helpful in rural and semi-urban areas. It reduces travel and provides an opportunity to earn while staying close to home and family responsibilities.
Important Facts and Reality About Salary Claims
The ₹7,000 monthly amount is not a permanent salary. It is a stipend given during the early training period, mainly in the first year. Continued payment depends on performance and meeting basic targets.
After the training phase, income depends mostly on commissions from policy sales and renewals. Dedicated agents can earn more over time, but success requires effort, communication skills, and regular client interaction.
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