The LIC Bima Sakhi Yojana has been introduced by the Life Insurance Corporation of India (LIC). It is a special scheme exclusively for women thus also called the Mahila Career Agent (MCA) Scheme created to empower women by offering a flexible career opportunity with financial benefits of monthly stipend.
If you’re interested in applying for LIC recruitment under this scheme, here’s everything you need to know.
What is LIC Bima Sakhi Yojana?
The LIC Bima Sakhi Yojana is a stipendiary scheme designed to recruit women as Mahila Career Agents (MCAs). This program offers women a chance to work independently and earn a stable income by selling LIC’s insurance products.
Key Features of the MCA Scheme:
- Exclusively for women.
- A stipend is provided for three years based on the performance of candidate.
- Flexible working hours and training support will be given from LIC.
- Not a salaried position but an agency-based earning opportunity.
Eligibility Criteria To Apply for LIC Bima Sakhi Yojana
To apply for the MCA Scheme, you must meet the following criteria:
Age:
- Minimum: 18 years (as of the application date).
- Maximum: 70 years (last birthday).
Educational Qualification:
- A pass in 10th standard (matriculation) is required.
Other Conditions:
- Relatives of existing LIC agents or employees cannot apply.
- Retired LIC employees or ex-agents are not eligible.
- Existing agents cannot apply under the MCA scheme.
Performance Norms and Stipend Details
As an MCA under the LIC Bima Sakhi Yojana, you must meet certain performance norms to qualify for the monthly stipend.
Performance Norms:
- Complete 24 policies each year.
- Earn a first-year commission (excluding bonus commission) of at least ₹48,000.
Stipend Payable (Subject to Norms):
- First Year: ₹7,000 per month.
- Second Year: ₹6,000 per month (if 65% of first-year policies remain active).
- Third Year: ₹5,000 per month (if 65% of second-year policies remain active).
This stipend is provided only for the first three years of the scheme.
Benefits of Joining LIC Bima Sakhi Yojana
- Empowerment for Women:
- Exclusive opportunities for women to achieve financial independence.
- Flexible Work Schedule:
- Work at your convenience without strict office hours.
- Earnings Beyond Stipend:
- Earn commissions on every policy sold in addition to the stipend.
- Training and Support:
- LIC provides comprehensive training to help you succeed.
- Recognition and Growth:
- Performance-based rewards and growth opportunities.
Documents Required for LIC Bima Sakhi Yojana
To apply, you must submit the following documents along with the application form:
- Age Proof: Self-attested copy of a document such as Aadhaar, PAN, or birth certificate.
- Address Proof: Self-attested copy of Aadhaar, utility bill, or voter ID.
- Educational Qualification Certificate: Self-attested copy of your 10th standard passing certificate.
- Passport-Size Photograph: Recent passport-size photo to be uploaded with the application form.
Ensure all documents are clear and valid, as incomplete applications will be rejected.
How to Apply for LIC Bima Sakhi Yojana Online
Follow the below explained steps to apply for MCA Scheme:
Visit the LIC Website
Firstly you need to visit to Here Look for the LIC Bima Sakhi Yojana recruitment details and read them carfefully.
Fill the Online Application Form
- Enter your details, such as name, age, gender, nationality, address, mobile number, and educational qualifications.
- Click to ‘No’ option to this question to submit your form. The question is “Are You related to any Agent/Development Officer/Employee/Medical Examiner of LIC of India?”
Review and Submit
- Fill the Captcha Code and submit it.
- Take screenshot or note the application reference number for future use.
Training and Selection Process
After applying, LIC will review your application. If selected, you will:
Attend an Interview:
A simple interview to assess your suitability for the role to judge whether you are fit for this job or not.
Undergo Training:
Learn about LIC’s products, sales techniques, and customer handling.
Once the training is complete, you’ll receive an appointment as an MCA.
FAQs
Q: Is the LIC Bima Sakhi or MCA Scheme a salaried job?
A: No, it’s not a salaried job. You’ll earn through commissions and a stipend based on performance.
Q: Can homemakers apply for this scheme?
A: Yes, homemakers are encouraged to apply as the job offers flexible hours.
Q: What happens after the 3-year stipendiary period?
A: After three years, you’ll continue as an agent and earn commissions without a stipend.
The LIC Bima Sakhi Yojana is an excellent opportunity for women looking for flexible and rewarding work. By meeting the performance criteria, you can earn a stable income and achieve financial independence.
If you’re a woman looking for a meaningful career, apply online today for the LIC Bima Sakhi Yojana. Join LIC and take a step towards empowerment and success!
