LIC Scheme That Pays Rs 7,000 Per Month, Know How to Apply

LIC Scheme: The country’s largest insurance company, LIC, is now offering women a new way to earn money while managing their homes. If you want to make a name for yourself but haven’t had the opportunity to pursue further education, this plan could be useful for you. This LIC scheme is called the Bima Sakhi Yojana. Under this scheme, women are trained to become insurance agents. The special thing is that they receive a fixed monthly stipend during their training period. The assistance is approximately Rs 7,000 in the first year, Rs 6,000 in the second year, and Rs 5,000 in the third year.

This stipend isn’t just for pocket money. It’s meant to ease initial financial pressure. While you’re learning, you’ll still receive regular income. This boosts your confidence and prepares you for entering the field. After completing the training, the real earning begins. As an agent, you sell policies and earn a commission on each sale. Additional incentives are also available for meeting fixed targets. This means that in addition to the fixed amount, there’s also the opportunity for performance-based earnings.

Over time, if your network strengthens, your income increases. Many women turn this from a part-time job into a full-time career. There’s no set earning limit. Hard work and reliable service directly impact your income. Eligibility criteria include age between 18 and 70 years. Minimum qualification is 10th grade. Women who are already LIC agents or employees are not eligible for this scheme. All other eligible women can apply.

Who can apply and who cannot?

Applicants must be at least 18 years old and up to 70 years old (as of the date of application). Educational qualifications include a minimum 10th-grade pass. The spouse, children, parents, siblings, and close relatives of current LIC agents or employees are not eligible for this scheme. Retired LIC employees, former agents, and current agents are also not eligible to apply.

These documents are necessary

The documents required for application include proof of age, proof of address, proof of educational qualification (self-attested copies of all) and passport size photograph, which needs to be uploaded along with the application form. LIC also provides specialized training, marketing support, and promotional materials to women under this plan to help them become successful agents. Overall, the LIC Bima Sakhi Yojana is a valuable and respectable opportunity for women to earn a monthly income.

What is the selection process?

To become a female career agent under the LIC Bima Sakhi Yojana, candidates must pass a pre-recruitment exam set by IRDAI. Required documents must then be submitted. An interview is then conducted at a branch office to assess the candidate’s eligibility. Upon selection, LIC assigns an agency code. It’s important to note that a Bima Sakhi is not a salaried employee position; rather, she is an LIC agent.

How can you apply?

The application process to become a Bima Sakhi is completely online. Visit LIC’s official website, licindia.in/test2. Scroll down and click “Click here for Bima Sakhi.” Enter your name, date of birth, mobile number, email ID, and address. If you are associated with an LIC agent, development officer, or employee, provide their details. Enter the captcha code and submit the form.