The Life Insurance Corporation of India (LIC) has launched the Bima Sakhi Yojana to help women build a career as a Mahila Career Agent (MCA).
Women who join this scheme will receive professional training and a monthly stipend for up to three years. This initiative helps women start a career in the insurance sector.
Who Can Apply?
Women aged 18 to 70 years can apply.
The applicant must have passed at least 10th grade.
This is not a permanent job with LIC—it’s a stipend-based opportunity.
How Much Stipend Will You Get?
1st Year: ₹7,000 per month
2nd Year: ₹6,000 per month (if 65% of first-year policies stay active)
3rd Year: ₹5,000 per month (if 65% of second-year policies stay active)
To receive the stipend each year, the woman agent must:
Sell at least 24 new policies annually
Earn a first-year commission of ₹48,000 (excluding bonus commission)
Who Cannot Apply?
Current LIC agents
LIC employees and their close family (spouse, children, parents, siblings, in-laws)
Retired LIC staff
Former agents wanting to rejoin
How to Apply?
Interested women need to submit an application letter along with the following documents:
Passport-sized photo
Proof of age
Address proof
Self-attested educational qualification certificate
Note: Applications with missing or incomplete documents may be rejected.
