Women in India have a fantastic new way to earn money from home! The Life Insurance Corporation of India (LIC) launched the Bima Sakhi Yojana in December 2024, offering women a chance to make ₹7000 per month. This scheme trains women to become LIC insurance agents, helping them gain financial freedom while working flexibly. Aimed at rural and urban women alike, it’s a big step toward making women self-reliant. Prime Minister Narendra Modi praised it as a game-changer for women’s empowerment during its launch in Haryana.
What is the Bima Sakhi Yojana?
The Bima Sakhi Yojana is a three-year program to help women earn a steady income. LIC trains participants to sell insurance policies and teach others about financial planning. During the program, women get a monthly stipend starting at ₹7000 in the first year, ₹6000 in the second, and ₹5000 in the third. After training, they can earn more through commissions on policies sold. The goal is to recruit 100000 women in 2025, especially from villages, to spread insurance awareness.
Who Can Join This Program?
Any woman aged 18 to 70 with a 10th-grade education can apply. You need to be an Indian resident and not connected to current LIC agents or employees, like their immediate family. Women in Self Help Groups (SHGs) or those looking for flexible work are especially welcome. No prior experience is needed, as LIC provides full training. This scheme is perfect for housewives, students, or anyone wanting to earn extra from home.
How Much Can You Earn?
The scheme offers a fixed stipend for three years, plus commissions for selling policies. Here’s a quick look at the earnings:
| Year | Monthly Stipend | Condition |
|---|---|---|
| First Year | ₹7000 | No condition |
| Second Year | ₹6000 | 65% policies from Year 1 must be active |
| Third Year | ₹5000 | 65% policies from Year 2 must be active |
You can also earn up to ₹48000 yearly in commissions, depending on your sales.
How to Apply for the Scheme?
Joining is simple and can be done online. Visit LIC’s website at licindia.in, go to the Bima Sakhi section, and fill out the application form. You’ll need your Aadhaar card, 10th-grade certificate, and a recent photo. Submit these documents online, and after a quick review, you may attend an interview. Once selected, training begins, and the stipend is credited to your bank account. Over 60000 women have applied since the launch, showing huge interest.
Why This Scheme is a Big Win?
The Bima Sakhi Yojana is transforming lives by giving women a chance to earn from home. It teaches valuable skills like selling and financial planning, which help both the women and their communities. The flexible work hours let them manage household duties while earning. In 2025, LIC plans to reach more rural areas, supporting India’s goal of full insurance coverage by 2047. Women from all walks of life, like farmers’ wives and young graduates, are joining, gaining confidence and financial security with every step.