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LIC Bima Sakhi Yojana – Transforming Rural Women’s Lives

LIC Bima
21 min read
Vignya Parvathaneni
Posted on

The Indian government unveiled a groundbreaking initiative led by LIC, the ‘LIC Bima Sakhi Yojana’ on December 9, 2024. This scheme aims to uplift rural women by offering them financial independence and professional possibilities. It not only allows women but also improves insurance intelligence in underserved areas of India.

Introducing LIC Bima Sakhi Yojana

The LIC Bima Sakhi Yojana is a visionary step towards women’s empowerment. Under this initiative, rural women are trained to become insurance facilitators, known as Bima Sakhi. Through this program, women gain the knowledge and skills needed to spread awareness about insurance while earning a sustainable livelihood. This scheme also provides financial support in the form of stipends during the training phase, making sure participants have a stable income.

LIC envisions enrolling 1,00,000 women in this program within a year, creating a ripple effect of empowerment and economic growth in rural India.

Highlights of the LIC Bima Sakhi Yojana

Aspect Details
Scheme Name LIC Bima Sakhi
Implemented By Life Insurance Corporation (LIC)
Training Duration 3 years
Support Provided Monthly stipends and professional training
Eligibility Women aged 18 to 70 years
Future Roles Bima Sakhis, with opportunities to become development officers
Application Mode Online via LIC’s official website
Start Date 9 December 2024
Deadline To be announced

Objectives of LIC Bima Sakhi Yojana

The primary goals of this initiative are:

Economic Empowerment

Creating sustainable income opportunities for rural women.

Insurance Awareness

Promoting the importance of insurance among rural communities.

Financial Inclusion

Making insurance products accessible to India’s most underserved regions.

Eligibility Criteria

Women who meet the following criteria are eligible to apply for the LIC Bima Sakhi Yojana:

  • Age: Between 18 and 70 years.
  • Education: At least 10th grade completed.
  • Residency: Preference given to rural residents.

However, the scheme excludes:

  • Relatives of LIC employees or agents.
  • Retired LIC staff or ex-agents.
  • Women already working as LIC agents.

Stipend Structure

Participants receive a fixed stipend during their training period. Here’s the breakdown:

Year Stipend Amount
1st Year Rs. 7000 per month
2nd Year Rs. 6000 per month (with 65% policy retention)
3rd Year Rs. 5000 per month (with 65% policy retention)

LIC Bima Sakhi Yojana Apply Online Process

Applying for this scheme is seamless, thanks to the online registration system. Here’s how to get started:

  1. Visit LIC’s Website: Go to the official LIC portal and navigate to the Bima Sakhi Yojana section.
  2. Complete the Application: Enter your personal details, including name, age, contact information, and address.
  3. Choose Your Location: Select your preferred state, city, and LIC branch office.
  4. Submit Your Application: Finalize the process by uploading necessary documents and submitting the form.

Documents Needed for Application

Applicants must provide:

  • A self-attested copy of address proof.
  • A self-attested copy of age proof.
  • Educational certificates.

LIC Bima Sakhi Yojana Last Date 2024

The LIC Bima Sakhi Yojana registration process is ongoing, and the final date for applications is yet to be announced. Don’t miss this opportunity to make a difference in your life and your community!

In conclusion, the LIC Bima Sakhi Yojana is not just a scheme; it’s a movement toward inclusive growth. By enabling rural women to become financial advisors, the program fosters economic independence and spreads financial literacy. If you’re eligible, take this chance to transform your future and the lives of others. Apply online today and be a part of this inspiring journey with LIC Bima Sakhi Yojana.

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