LIC’s Bima Sakhi (MCA) Scheme
Apply to Become LIC Bima Sakhi Yojana (Mahila Career Agents Scheme) and earn Stipend up to 3 years!
LIC’s Bima Sakhi (MCA Scheme) is a Stipendiary Scheme for Women, with a stipendiary period of 3 years.
What is LIC’s Bima Sakhi Scheme?
- LIC’s Bima Sakhi (MCA Scheme) is a Stipendiary Scheme, exclusively for Women , with a stipendiary period of 3 years.
- Minimum completed age should be 18 years as on date of application.
- Maximum age at entry will be 70 years ( last birthday)
- Minimum qualification – pass in 10th standard.
Performance Norms to be fulfilled during each Stipendiary Year by Bima Sakhi Agent:
- Number of Life: 24
- First Year Commission: Rs.48,000/-
The Stipend Payable to Bima Sakhi for 3 Years
Stipendiary Year | Stipend Payable Per Month |
|---|---|
| First Year | Rs.7,000/- |
| Second Year | Rs.6,000/- (subject to at least 65% of Policies completed in the First stipendiary year) |
| Third Year | Rs.5,000/- (subject to at least 65% of Policies completed in the Second stipendiary year) |
Why Become LIC Bima Sakhi?
Financial Empowerment
Provides women with financial independence through insurance sales
Community Impact
Enhances financial literacy and insurance awareness in underserved areas
Career Growth
Offers training and potential for long-term career advancement in insurance
Benefits for Bima Sakhi
LIC’s Mahila Career Agent Scheme (Bima Sakhi) empowers women with a secure and rewarding career. It offers a fixed stipend in the initial years, along with commissions from policy sales, ensuring financial stability while building a successful career.
25% Commission on 1st year Premium
Earn high commission on the policies. You will get up to 25% commission on 1st year premium, then 7.5% for 2nd and 3rd year + 5% commission till the policy ends.
Flexible Working Hours
As a LIC Agent, you can work Part time/Full time as per your convinience. You can also work as a agent with your existing job, giving you full work flexibility.
Minimum Interest Loan only for LIC Agents
You will get intrest free (0% Intrest) loan for purchasing Laptop, 5% to 7.5% Intrest on housing loan + attractive Two & Four wheeler loan.
Complete Training & Awards from LIC
You will recieve complete training from the LIC Development Officer, so you can perform better and excel in your career. Also best performing agents get yearly awards.
Gratuity up to 2 Lacks + Full Mediclaim cover
As a agent you are entiteled to recieve gratuity and full mediclaim cover from LIC
Unlimited Income Opportunities
As a agent you can earn as per your performance with no upper limit on your income. Top performing agents become part of Million Dollar Round Table: a global forum that salutes the world’s most successful Insurance Agents.
Apply to become LIC Bima Sakhi
LIC’s Bima Sakhi Process
Women aged 18+ with a 10th-grade pass can apply for LIC’s Mahila Career Agent Scheme. Start your journey by filling out the application form below.
1. Apply Now and register
✔ Apply now & fill the contact form.
✔ Our Development officer will call you and set up a meeting with you.
✔ Our officers will explain the process, clear your doubts and collect the required documents.
2. Submit documents
Kindly provide photocopy of these documents to our Development officer.
Documents:
✔ 4 Colour Photos
✔ Age Proof
✔ School Leaving Certificate
✔ S.S.C Marksheet
✔ H.S.C. Marksheet
✔ Graduation Marksheet
✔ Pan Card
✔ Address Proof
✔ Cancelled Cheque
3. Pay basic fees
✔ Rs 150 [Registration fees]
✔ Rs 150 [Online Training]
✔ Rs.500 [Online Exam Fees]
4. Offline OR Online training for 25 Hours
✔ Our Development officer will provide you Necessary training.
✔ Training will be held offline or online as per your convinience
✔ You will recieve Training certificate from LIC after complition of 25 hours training
5. IRDA Online Exam of 50 Marks
✔ After successful of Completion of training, You need to give online examination conducted by the insurance regulatory and development authority (IRDA).
✔ You will clear the exam after securing the required passing marks – 17/50.
6. Become LIC's Bima Sakhi!
✔ After successful Completion of the examination you will be awarded an Appointment Letter by the IRDA to work as an insurance agent.
✔ You will be appointed as an LIC Agent
LIC's Bima Sakhi Scheme FAQ's
1. What Is LIC’s Bima Sakhi Scheme?
LIC’s Bima Sakhi Scheme is a special career program for women offering a stipend and commission-based income, empowering them with financial independence and professional growth.
2. Who Can Apply for the LIC Bima Sakhi Scheme?
Women aged 18-70 years who have passed the 10th grade can apply. This includes homemakers, students, and career seekers.
3. What Are the Benefits of Becoming a Bima Sakhi?
- Monthly stipend for three years
- Unlimited earning potential through commissions
- Flexible working hours
- Comprehensive training and career suppor
4. How Much Stipend Do LIC's Bima Sakhi Receive?
- 1st Year: ₹7,000/month
- 2nd Year: ₹6,000/month (subject to policy retention)
- 3rd Year: ₹5,000/month (subject to policy retention)
5. Is There Any Minimum Performance Requirement for Bima Sakhi?
Yes, agents must insure at least 24 lives and earn ₹48,000 in first-year commissions annually to maintain the stipend.
6. What Documents Are Required to Apply for Bima Sakhi Scheme?
- PAN and Aadhaar cards
- 10th-grade certificate
- Passport-sized photos
- Proof of highest education
7. How Much Is the Application Fee for LIC’s Bima Sakhi Scheme?
The total fee is ₹650, which includes ₹150 for LIC registration and ₹500 for the IRDAI exam.
8. Can Existing LIC Agents Apply for Bima Sakhi?
No, current LIC agents, their close family members, and retired LIC employees are not eligible for this scheme.
9. How Can I Apply for LIC’s Bima Sakhi Scheme?
Fill out the application form online, attach the required documents, and pay the registration fee. LIC’s Development Officer will guide you through the process.
10. Is Training Provided for LIC Bima Sakhis?
Yes, LIC provides IRDA training and assistance with the IC 38 exam, which is mandatory to become a certified agent.
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LIC Bima Sakhi Support
Kindly contact LIC Development Officers for scheme related details and support. Please message us on WhatsApp to get quick support for LIC Bima Sakhi