LIC Bima Sakhi Yojana 2026: A milestone for women’s financial independence in India
Over the last few years, women’s financial independence has moved from being just a talking point to a national priority in India. Whether it’s self-employment, skill development, or financial inclusion, many government-backed initiatives are now focused on helping women earn with dignity and stability.
Among these efforts, the LIC Bima Sakhi Yojana has emerged as one of the most practical and realistic career options for women. It is structured, low-risk, and designed to grow over time—making it especially suitable for women who want a steady income along with long-term professional growth.
The LIC Bima Sakhi Yojana 2026, also known as the Mahila Career Agent (MCA) Scheme, is an initiative by the Life Insurance Corporation of India (LIC). It allows women to build a career as LIC agents while receiving a guaranteed monthly stipend for the first three years. This makes it a strong option for women entering the workforce for the first time, restarting after a break, or looking for flexible work close to home.
Launched under the national vision of “Insurance for All by 2047,” the LIC Bima Sakhi Yojana goes beyond selling insurance policies. Its real aim is to spread financial awareness, improve insurance coverage in underserved areas, and give women a respectable source of income that fits into their lives.
In this article, we explain everything you need to know about the LIC Bima Sakhi Yojana—from how it works and who can apply, to earnings, benefits, and what happens after the stipend period ends.
What Is the LIC Bima Sakhi (MCA) Scheme?
The LIC Bima Sakhi Yojana is a three-year recruitment and training program exclusively for women. Selected candidates are trained to work as LIC agents and, unlike traditional agents, they receive a fixed monthly stipend during their early years.
This single feature sets the scheme apart. In the usual LIC agent model, income depends entirely on commissions, which can be uncertain at the beginning. Under the LIC Bima Sakhi Yojana, the stipend provides financial stability, allowing women to focus on learning the job, understanding insurance products, and building trust in their community—without worrying about immediate earnings.
In simple terms, it’s an “earn while you learn” opportunity with long-term potential.
Why LIC Introduced the Bima Sakhi Yojana
The LIC Bima Sakhi Yojana was created with clear social and economic goals in mind:
- To encourage more women to join the insurance and financial services sector
- To provide income security during the initial career phase
- To improve insurance awareness at the grassroots level
- To help women build confidence, skills, and professional identity
- To strengthen employment opportunities in rural and semi-urban areas, where insurance coverage is still limited
Insurance penetration in India is still below 4% of GDP, and rural regions remain underinsured. By training women from local communities, the LIC Bima Sakhi Yojana helps bridge this gap while also creating sustainable livelihoods.
Good to know: Even during the stipend period, commissions from policy sales can push monthly income to ₹15,000–₹20,000 or more, depending on effort and local demand.
LIC Bima Sakhi Yojana Stipend Structure (2026)
One of the biggest reasons women are drawn to the LIC Bima Sakhi Yojana is its clear and predictable stipend structure.
The stipend is paid for three years and gradually reduces as agents gain experience and commission income increases.
| Year | Monthly Stipend | Annual Amount | What’s Expected |
|---|---|---|---|
| Year 1 | ₹7,000 | ₹84,000 | Training, learning products, building contacts |
| Year 2 | ₹6,000 | ₹72,000 | Maintain 65% policy persistency |
| Year 3 | ₹5,000 | ₹60,000 | Maintain 65% persistency from Year 2 |
Why Does Persistency Matter?
Persistency simply means how many policies remain active after being sold. LIC focuses on this to ensure genuine, long-term insurance coverage rather than one-time sales.
Good persistency helps Bima Sakhis in three ways:
- They continue receiving the stipend
- They earn higher renewal commissions
- They build trust and credibility in their community
Most importantly, the stipend under the LIC Bima Sakhi Yojana is separate from commissions, so income can grow steadily year after year.
Eligibility Criteria for LIC Bima Sakhi Yojana
LIC has kept the eligibility rules simple so that more women can apply.
Basic Eligibility
- Gender: Female only
- Age: 18 to 70 years
- Education: Minimum 10th pass
- Residency: Indian citizen
- Preference: Rural and semi-urban candidates
Who Cannot Apply?
To avoid conflicts and duplication, the following are not eligible:
- Existing or former LIC agents
- Close relatives of LIC employees or agents
- Government or PSU employees
- Retired LIC staff
These rules ensure that the LIC Bima Sakhi Yojana remains focused on new women entrants to the insurance field.
How to Apply for LIC Bima Sakhi Yojana
The application process is straightforward and affordable. There are no middlemen or hidden charges.
Application Steps
- Visit the official website: licindia.in/lic-s-bima-sakhi
- Click on “Click Here for Bima Sakhi”
- Fill in basic details like name, mobile number, city, and preferred LIC branch
- A LIC Development Officer (DO) will contact you for guidance
- Submit documents:
- Age proof
- Address proof
- 10th class marksheet
- Passport-size photo
- PAN card and bank details
- Clear the IRDAI IC-38 exam
- Pay the total fee of ₹650 (₹150 registration + ₹500 exam)
Tip: Keep scanned documents ready to make the process faster.
Performance Targets You Should Know
LIC sets reasonable targets to ensure consistency and learning.
- Monthly: At least 1 policy
- Annual: Minimum 24 policies
- Commission benchmark: ₹48,000 in the first year
For women working within their own communities, these targets are considered achievable.
Benefits of Joining LIC Bima Sakhi Yojana
The LIC Bima Sakhi Yojana offers much more than short-term income:
- Financial independence through stipend and commissions
- Flexible working hours, including work-from-home options
- Skill development in sales, communication, and financial planning
- Career growth, including eligibility for ADO roles after 5 years (for graduates)
- Low financial risk, with just ₹650 as entry cost
This is why the scheme is seen as a long-term career path, not just a temporary job.
Tips to Earn More as a Bima Sakhi
Women who treat the LIC Bima Sakhi Yojana seriously tend to earn much more over time.
- Focus on policy renewals
- Build trust with local families and self-help groups
- Attend LIC training and refresher sessions
- Use the stipend as stability, not the final goal
- Manage time smartly between work and home
Over the years, renewal commissions can become a steady and reliable income source.
Conclusion: Why LIC Bima Sakhi Yojana Matters
The LIC Bima Sakhi Yojana 2026 offers something rare: stability, flexibility, and growth—all in one place. With a guaranteed starting stipend of ₹7,000 per month, structured training, and long-term earning potential, it is one of the most practical career options for women in India today.
For women seeking financial freedom, professional respect, and independence, the LIC Bima Sakhi Yojana can be the beginning of a lasting transformation.
(If you getting started in insurance, read this.)
FAQs – LIC Bima Sakhi Yojana 2026
1. What is LIC Bima Sakhi Yojana?
It is a women-only LIC scheme that offers a three-year stipend while training participants to work as insurance agents.
2. Who can apply?
Women aged 18–70 years, minimum 10th pass, and Indian residents. Ex-agents and government employees are not eligible.
3. How much stipend is given?
₹7,000 in Year 1, ₹6,000 in Year 2, and ₹5,000 in Year 3. Commissions are extra.
4. Can I work from home?
Yes. The scheme allows flexible, community-based and work-from-home options.
5. What happens after three years?
You continue as a regular LIC agent earning commissions, with growth options like ADO for eligible candidates.