What is LIC Bima Sakhi Yojana? Here is the eligibility, application process and list of required documents

LIC Bima Sakhi Yojana Details: Prime Minister Narendra Modi has launched the Bima Sakhi Yojana to make women financially empowered and self-reliant. Bima Sakhi Yojana is a big step towards the economic empowerment and self-reliance of women which will not only provide employment but will also promote women’s participation in the insurance sector.

– Advertisement –

Under this scheme, the ‘Bima Sakhi Yojana’ initiative of Life Insurance Corporation of India (LIC) is designed to empower women aged 18-70 years whose academic qualification is 10th class pass. To promote financial literacy and insurance awareness, the government will provide them special training and stipend for the first three years.

The basic objective of this scheme is to provide employment to women in rural and urban areas through the insurance sector. The government has initially allocated a budget of Rs 100 crore for this scheme.

LIC Bima Sakhi Eligibility

• Candidates applying for LIC’s Bima Sakhi should be 10th class passed.
  • Candidates must be 18 years of age as on the date of application.
  • The maximum age at entry will be 70 years (last birthday).

  LIC : Bima Sakhi Income Structure

  • LIC’s Bima Sakhi (MCA Scheme) is a stipend scheme exclusively for women with a stipend period of 3 years.
  • In the first year, stipend will be Rs 7000 per month.
  • Stipend for the second year is Rs 6,000 per month, provided at least 65 per cent of the policies completed in the first stipend year are in force at the end of the relevant month of the second stipend year.
  • Rs 5,000 in the third year (provided that at least 65 per cent of the policies completed in the second stipend year are in force at the end of the relevant month of the third stipend year.)

  How to apply for Bima Sakhi Yojana?

  • To apply for Bima Sakhi Yojana, you have to visit the official website of LIC. You can apply by following the steps given below-
  • Visit LIC website: First of all, visit the official website of Life Insurance Corporation of India (LIC).
  • Click on the application link: Click on “Apply for Bima Sakhi Yojana (licindia.in/test2)” on the website.
  • An application form will open in a new window.
  • Now fill the required form with all the required details including selection of state and district.
  • Fill all the required details correctly like name, date of birth, address etc.
  • After submitting the form, you will see a message on the screen and you will also get a notification on your mobile number.

  Bima Sakhi Yojana: List of required documents

  Candidates applying for Bima Sakhi Yojana will have to submit certificates and other documents along with the application form. Please see the list of documents given below-

  • Aadhar card
  • Residence Certificate
  • PAN card
  • Educational Qualification Certificate (10th pass)
  • Mobile Number
  • Passport size photo

– Advertisement –