Stipend Table
Under the LIC Bima Sakhi Yojana (also known as the Mahila Career Agent Scheme), selected women candidates undergo a 3-year training period where they receive a guaranteed monthly and annual stipend alongside commissions on selling life insurance policies. [1, 2]
The detailed breakdown of the stipend structure for the 3-year period, including total figures and qualifying conditions, is detailed below:
LIC Bima Sakhi 3-Year Stipend Structure
| Year [1, 2, 3, 4, 5] | Monthly Stipend | Annual Stipend Total | Mandatory Retention / Performance Condition |
|---|---|---|---|
| First Year | ₹7,000 | ₹84,000 | Must complete a minimum of 24 lives with a total first-year commission of ₹48,000. |
| Second Year | ₹6,000 | ₹72,000 | At least 65% of the policies completed during the 1st year must remain active/in-force. |
| Third Year | ₹5,000 | ₹60,000 | At least 65% of the policies completed during the 2nd year must remain active/in-force. |
| Total Stipend | — | ₹2,16,000 | Cumulative guaranteed training stipend over 3 years. |
