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LIC, Dept. of Rural Development ink MoU to promote Bima Sakhi yojana

LIC, Dept. of Rural Development ink MoU to promote Bima Sakhi yojana

The Hindu21-07-2025
Life Insurance Corporation of India (LIC) has entered into an MoU with the Department of Rural Development, Union Ministry of Rural Development, to promote its Bima Sakhi Yojana in rural areas.
Designed to help women get a foothold in insurance distribution, Bima Sakhi Yojana is a performance-oriented stipendiary LIC agency career for women in which all other benefits and privileges available for LIC agent are also extended to them. The monthly stipends is ₹7,000 in first, ₹6,000 in second and ₹5,000 in the third agency year, subject to certain terms and conditions.
The MoU was signed during the national conclave on financial inclusion 'Anubhuti' organised by the Ministry in Goa earlier this month. The collaboration is to benefit rural households in improving their household income, LIC said.
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