LIC Bima Sakhi Yojana: Who Is NOT ELIGIBLE To Earn Rs 7,000 Monthly Stipend? Check Direct Link To Apply Online

Prime Minister Narendra Modi has launches LIC’s Bima Sakhi Yojana (MCA Scheme) which provides employment to the women of the country.

- Relatives of existing Agent or Employee shall not be eligible to be recruited as MCAs. Relatives shall include the following family members - Spouse, Children including adopted and step children (whether dependent or not), Parents, Brothers, Sisters and immediate In-laws.

- A Retired employee of the Corporation or an Ex-agent seeking reappointment shall not be granted agency under MCA scheme.

- Existing agent can not apply for recruitment as MCA.

The ‘Bima Sakhi Yojana’ initiative of Life Insurance Corporation of India (LIC) is designed to empower women aged 18-70 years, who are Class X pass. They will receive specialized training and a stipend for the first three years to promote financial literacy and insurance awareness. After training, they can serve as LIC agents and the graduate Bima Sakhis would have the opportunity to qualify for being considered for Development Officer roles in LIC.

The following documents should be attached to the application form:-

Self-attested copy of Age proof Self-attested copy of Address proof Self-attested copy of certificate of Educational Qualification

You can apply directly at this link:

https://agencycareer.licindia.in/agt_req/New_Lead_Sakhi_Candidate_Data_entry_For_NewWeb.php

- First Year: Rs 7,000 

- Second Year: Rs 6,000/- (subject to at least 65% of Policies completed in the First stipendiary year are in-force as at the end of the corresponding month of the second stipendiary year)

- Third Year: Rs 5,000 (subject to at least 65% of Policies completed in the Second stipendiary year are in-force as at the end of the corresponding month of the third stipendiary year )

The appointment of a person under the LIC’s Bima Sakhi (MCA Scheme) will not be treated as a salaried appointment or as an employee of the Corporation.