Bima Sakhi Yojana 2024 ~ Apply Onlin, Eligibility, Benefits

Recently, the Prime Minister of India, Mr. Narendra Modi, introduced a new initiative called the Bima Sakhi Yojana aimed at empowering women and sisters in Panipat. This scheme is designed to promote financial inclusion among women, especially in rural and underserved regions, by enabling them to serve as agents for life insurance policies. The term “Bima” translates to insurance, while “Sakhi” denotes a female friend or companion. This program seeks to empower women by providing them with financial security through insurance coverage.

Through this program, eligible women receive a monthly stipend for up to three years during their training period. If you are a female resident of Panipat, Haryana, and are interested in benefiting from this scheme, continue reading this article for more information on how to apply online for the Bima Sakhi Yojana.

Key Highlights of Bima Sakhi Yojana

What is Bima Sakhi Yojana?

The Bima Sakhi Yojana is a government initiative launched by Prime Minister Narendra Modi in Panipat, Haryana. This program is specifically designed to provide insurance coverage to women in rural areas. The term “Bima” translates to insurance, while “Sakhi” means a female friend or companion. By offering financial protection through insurance, this program aims to empower women and enhance their financial security. Ultimately, the Bima Sakhi Yojana plays a crucial role in improving insurance accessibility for women in rural regions, contributing significantly to their overall well-being.

About Life Insurance Corporation (LIC)

The Life Insurance Corporation (LIC) is a prominent insurance provider in India, offering a variety of life insurance products and services to individuals. As a government-owned corporation, LIC has been serving customers for many years and provides a comprehensive range of policies to meet diverse needs, including term insurance, whole life insurance, endowment plans, and more. Known for its reliability, trustworthiness, and financial stability, LIC is a popular choice for those seeking life insurance coverage in India. The Bima Sakhi Yojana acts as a bridge between the insurance company and the rural population, particularly targeting women who may face challenges in accessing insurance services.

Purpose of Bima Sakhi Yojana

The primary goal of the Bima Sakhi Yojana is to foster financial security and increase insurance awareness among women while creating employment opportunities in the insurance sector. By training and empowering women to become insurance agents, the scheme not only broadens insurance coverage but also promotes women’s economic independence and empowerment. Ultimately, the Bima Sakhi Yojana is instrumental in closing the gap in insurance accessibility for women in rural areas, enhancing their financial security and overall well-being.

Eligibility Criteria

To qualify for the Bima Sakhi Yojana, applicants must meet the following criteria:

• The applicant must be a permanent resident of Panipat, Haryana.
• The applicant must identify as female.
• The applicant’s age must be between 18 and 70 years.
• The applicant must have completed at least 10th grade.

Required Documents

• Aadhar Card
• Birth Certificate
• Resident Proof
• Marksheet of class 10th
• Passport Sized Photograph
• Phone Number

Financial Benefits

• Under this program financial benefits are available upto 3 years these are as listed below:
• Rs. 7,000 in the first year.
• Rs. 6,000 in the second year
• Rs. 5,000 in the last third year.

Salient Features

The Bima Sakhi Yojana offers several significant benefits, including:

• Financial Independence: Women have the opportunity to earn a livelihood as Bima Sakhis, fostering their financial independence and empowerment.
• Skill Development: The scheme provides training and skill enhancement opportunities, equipping women with knowledge and expertise in the insurance sector.
• Increased Insurance Penetration: By engaging more women as Bima Sakhis, the initiative promotes greater insurance coverage in rural and underserved areas, benefiting the entire community.
• Awareness and Outreach: Bima Sakhis are instrumental in raising awareness about various insurance products and services, thereby broadening access to insurance coverage for more individuals.

Selection Process

The selection process for the Bima Sakhi Yojana involves the following steps:

1. Check Eligibility: Applicants must first verify if they meet the eligibility criteria for the scheme.
2. Submission of Application: Eligible candidates must then fill out the application form through the official website designated by the Government of Panipat, Haryana.
3. Verification of Documents: The officials will review the details provided in the application and verify the validity of the information.
4. Preparation of Beneficiary List: After the verification process, the authorities will compile a list of beneficiaries, taking into account factors such as financial need and living conditions.
5. Announcement of List: The names of the selected beneficiaries will be publicly announced by the officials.

Bima Sakhi Yojana Online Application 2024-25

To apply online for the Bima Sakhi Yojana, applicants need to follow these simple steps:

Step 1: After confirming eligibility, visit the Bima Sakhi Portal.

Step 2: The homepage of the official website will be displayed on your screen.

Step 3: Click on the “Apply Online” option.

Step 4: An application form will appear after you click on the apply online button.

Step 5: Enter all the required details in the provided fields and upload any necessary documents with the form.

Step 6: Review all the information you have entered carefully to ensure accuracy.

Step 7: Finally, click on the Submit button to complete the application process.

Details to be filled under Application Form

• Self-attested Copy of Age Proof
• Self-attested Copy of Adress Proof
• Self-attested Copy of Certificates/ Educational Qualifications

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