The LIC Bima Sakhi Scheme 2026 is a special initiative by the Life Insurance Corporation of India (LIC) to empower women by providing financial support, professional training, and a long-term career opportunity in the insurance sector. This scheme helps women become insurance advisors while earning a fixed stipend and commission income.
What Is the LIC Bima Sakhi Scheme?
The Bima Sakhi Scheme is a women-only stipendiary program that trains participants to work as LIC insurance agents. Selected candidates receive financial support for three years along with structured training and the opportunity to earn commissions through policy sales.
Key Features of LIC Bima Sakhi Scheme 2026
Monthly Stipend Support
Participants receive a fixed monthly stipend for three years:
- Year 1: ₹7,000 per month
- Year 2: ₹6,000 per month
- Year 3: ₹5,000 per month
This stipend helps women earn a stable income while building their career.
Commission-Based Earnings
In addition to the stipend, Bima Sakhis earn commission on every insurance policy sold, allowing income to grow based on performance.
Free Professional Training
LIC provides compulsory training covering:
- Basics of life insurance
- Policy features and benefits
- Communication and sales skills
- Customer handling and financial awareness
Eligibility Criteria for Bima Sakhi Scheme
To apply, the applicant must meet the following conditions:
- Must be an Indian woman
- Age between 18 and 70 years
- Minimum education: 10th pass
- Should NOT be:
- An existing or former LIC agent
- A retired LIC employee
- A close relative of a LIC agent or employee
Step-by-Step Application Process for LIC Bima Sakhi Scheme 2026
Step 1: Check Eligibility
Confirm that you meet all age, education, and eligibility requirements before applying.
Step 2: Visit LIC Office or Official Portal
- Visit the nearest LIC branch office, or
- Apply through the official LIC website when applications are open
Ask for the Bima Sakhi Scheme application form.
Step 3: Fill the Application Form
Enter all required details carefully:
- Name (as per Aadhaar)
- Date of birth
- Education details
- Mobile number and email ID
- Residential address
- Bank account details (for stipend)
Step 4: Submit Required Documents
Attach self-attested copies of:
- Aadhaar card
- Address proof
- 10th class certificate
- Passport-size photographs
- Bank passbook copy
Submit the completed form to LIC.
Step 5: Verification by LIC
LIC will verify:
- Eligibility details
- Educational qualifications
- Submitted documents
Approved candidates move to the training stage.
Step 6: Attend Mandatory Training
Selected candidates must complete LIC training, which is compulsory to continue under the scheme.
Step 7: Appointment as Bima Sakhi
After training completion:
- You receive an LIC agent code
- You are officially appointed as a Bima Sakhi
- Monthly stipend begins
Step 8: Start Policy Sales
As a Bima Sakhi, you will:
- Promote LIC insurance policies
- Educate customers on insurance benefits
- Assist in policy documentation
Work timings are flexible, making it suitable for homemakers and working women.
Step 9: Receive Monthly Stipend
The stipend is credited directly to your bank account as per the scheme year.
Step 10: Earn Commission & Incentives
You earn:
- Commission on policies sold
- Performance-based incentives
This allows income growth beyond the fixed stipend.
Step 11: Continue as a Regular LIC Agent
After completing the scheme period:
- You can continue as a regular LIC agent
- Stipend ends, but commission income continues
- Eligible candidates may apply for higher LIC roles in the future
Benefits of LIC Bima Sakhi Scheme
- Financial independence for women
- Skill development and professional growth
- Flexible working hours
- Long-term income opportunities
- Increased financial awareness in communities
