Bima Sakhi Yojana 2024-25: Empowering Women Through Financial Independence
The Government of India, in collaboration with the Life Insurance Corporation (LIC), has introduced the Bima Sakhi Yojana 2024-25. This initiative is aimed at empowering financially unstable women across the country by providing them with training to become LIC agents. Through this scheme, women will not only acquire valuable skills but will also be able to educate rural communities about financial planning and the importance of life insurance. Eligible candidates can apply online through the official website.
What is Bima Sakhi Yojana?
Prime Minister Narendra Modi is set to launch the Bima Sakhi Yojana in Panipat, Haryana, on 9th December 2024. Under this program, women who undergo LIC agent training will receive a stipend to support them financially during the training period.
- Stipend Details:
- ₹7,000 in the first year
- ₹6,000 in the second year
- ₹5,000 in the third year
The scheme is open to women aged 18 to 70 years who have passed the Class 10th examination.
About LIC (Life Insurance Corporation of India)
LIC is a government-owned corporation established on 1st September 1956. It is the largest life insurance provider in India and one of the country’s most valuable financial institutions, with an estimated valuation of over ₹2,529,390 crores. Headquartered in Mumbai, Maharashtra, LIC was formed by merging 154 Indian life insurance companies, 16 foreign companies, and 75 provident societies after the Life Insurance Corporation Act of 1956.
Objectives of Bima Sakhi Yojana
The primary goal of the Bima Sakhi Yojana is to promote women’s financial independence by training them as LIC agents. This initiative aims to:
- Provide employment opportunities to women across India.
- Empower women to educate rural communities about life insurance and financial planning.
- Offer stipends to ensure women can complete their training without financial stress.
Key Details of Bima Sakhi Yojana
| Key Highlights | Details |
|---|---|
| Name of the Scheme | Bima Sakhi Yojana |
| Launched By | Government of India |
| Announced By | Prime Minister Narendra Modi |
| Launch Date | 2024 |
| Purpose | Women empowerment and financial stability |
| Beneficiaries | Women aged 18-70 years |
| Stipend | ₹7,000 (Year 1), ₹6,000 (Year 2), ₹5,000 (Year 3) |
| Eligibility Criteria | Permanent residents of India, passed Class 10 |
| Application Process | Online via the LIC official website |
Lic bima sakhi yojana eligibility
To qualify for the Bima Sakhi Yojana, applicants must meet the following conditions:
- Be a permanent resident of India.
- Be aged 18 to 70 years.
- Have passed the Class 10th examination.
Required Documents
Applicants must have the following documents to apply:
- Aadhaar Card
- Ration Card
- Bank Account Details
Financial Benefits
The scheme offers the following financial support to beneficiaries during their training:
- ₹7,000 in the first year
- ₹6,000 in the second year
- ₹5,000 in the third year
Salient Features of Bima Sakhi Yojana
- Skill Development: Beneficiaries will undergo training to become LIC agents.
- Employment Opportunities: Women will gain employment as LIC agents, enabling them to generate income.
- Stipend Support: Financial assistance will be provided to ensure women can focus on training.
- Women Empowerment: A significant step towards gender equality and financial independence.
Selection Process
The selection process is straightforward:
- Applicants must meet the eligibility criteria.
- Only permanent residents of India between the ages of 18 and 70 years who have passed Class 10th will be selected.
How to Apply for Bima Sakhi Yojana
Follow these steps to apply for the Bima Sakhi Yojana online:
- Visit the Official Website: Go to the LIC website.
- Click on “Apply Now”: Locate and click the application link on the homepage.
- Fill Out the Form: Enter the required details and upload the necessary documents.
- Review and Submit: Double-check your information and click “Submit” to complete the process.
Frequently Asked Questions (FAQs)
1. When and where will the Bima Sakhi Yojana be launched?
The scheme will be launched on 9th December 2024 in Panipat, Haryana.
2. What is the age limit for applying to the scheme?
Female citizens aged 18 to 70 years are eligible.
3. What is the stipend amount in the second year of the scheme?
A stipend of ₹6,000 will be provided in the second year.
Bima Sakhi Yojana 2024-25 represents a significant step towards empowering women by creating financial independence and employment opportunities. By training women as LIC agents, the scheme ensures they can uplift themselves and educate others about financial stability and life insurance, especially in rural India.
Sakhi Yojana Online Registration, Bima sakhi yojana website, Bima sakhi yojana 2024 in english, Bima sakhi yojana kya hai, Lic bima sakhi yojana 2024 registration, Lic bima sakhi yojana 2024 eligibility, Www.licindia.in bima sakhi yojana,