The LIC Bima Sakhi Yojana was inaugurated by Prime Minister Narendra Modi in Panipat, Haryana, as part of his vision for a developed India (Viksit Bharat). This innovative program by the Life Insurance Corporation of India (LIC) aims to empower women by offering them job opportunities and financial assistance.
Let’s break down the details of this scheme, eligibility, earnings, and its impact in simple terms.
WATCH | Earn ₹7000/month From Govt New Scheme | Bima Sakhi Yojana Online Apply
What is the LIC Bima Sakhi Yojana?
The Bima Sakhi Yojana is a new initiative by LIC to recruit and support women in becoming insurance agents. The term “Bima Sakhi” means “Insurance Companion” — someone who can assist others with insurance needs while earning a living.
This scheme not only promotes women’s employment but also helps boost financial independence, especially in rural areas.
Key Objectives of Bima Sakhi Yojana
- Empower Rural Women: Provide job opportunities to women, particularly in rural areas.
- Financial Support: Offer a steady monthly income and incentives.
- Skill Development: Train women to become successful insurance agents.
- Women-Centric Development: Align with the government’s mission of Viksit Bharat by promoting gender equality.
ALSO READ | How Products Are Marketed Differently in Rural vs Urban India
Job Opportunities Under the Scheme
The Bima Sakhi Yojana aims to recruit 35,000 women in its first phase. Later, it will expand to include an additional 50,000 women. This scheme will first roll out in Haryana and gradually spread across the entire country.
Earnings and Financial Benefits
Women enrolled as insurance agents under this scheme will receive financial support along with commissions based on their performance. Here’s a breakdown of their monthly earnings:
- 1st Year: ₹7,000 per month
- 2nd Year: ₹6,000 per month
- 3rd Year: ₹5,000 per month + ₹2,100 as an extra incentive
In addition to the fixed support, commission-based rewards are provided to achieve sales targets, making this a great earning opportunity.
Eligibility and Minimum Qualifications
To participate in the LIC Bima Sakhi Yojana, women need to meet the following criteria:
- Age Requirement: 18 to 50 years old
- Education: Minimum qualification of passing 10th grade
- Priority: Preference will be given to women applicants
This ensures that the scheme is accessible to a broad range of women, especially those in rural areas.
Why This Scheme Matters
- Financial Independence: Helps women earn a steady income.
- Employment Boost: Creates thousands of new job opportunities.
- Skill Enhancement: Provides training and support to become proficient insurance agents.
- Rural Development: Focuses on empowering women in rural India.
Launch Details
- Inauguration: December 9th, 2024
- Location: Panipat, Haryana
- Key Guests:
- Haryana Governor: Bandaru Dattatreya
- Finance Minister: Nirmala Sitharaman
- Haryana CM: Nayab Singh Saini
This high-profile launch reflects the importance the government places on women’s empowerment.
ALSO READ | How to Build Secure Future With ₹30,000 Salary – Smart Steps to Financial Freedom
Why You Should Consider This Scheme
If you’re a woman looking for financial independence, the LIC Bima Sakhi Yojana is a fantastic opportunity. It provides a combination of training, financial support, and commission-based earnings.
This scheme isn’t just a job — it’s a pathway to confidence, financial stability, and personal growth.
The LIC Bima Sakhi Yojana is a step towards a more inclusive and developed India. By empowering women through jobs and financial assistance, it aims to bring positive change to many lives.
If you meet the eligibility criteria, don’t miss this opportunity. Register now and take the first step towards a brighter, independent future!
Download the ffreedom app today to unlock expert-led courses on personal finance and take control of your financial future. Don’t forget to subscribe to our YouTube Money channel for regular updates and practical tips.
