PM Bima Sakhi Yojana Scheme: Complete Details & LIC Bima Sakhi Yojana Updates
PM Bima Sakhi Yojana Scheme 2025 .The PM Bima Sakhi Yojana is a vital insurance scheme aimed at providing financial security and stability to women in India. Introduced by the government, this scheme ensures that women, especially those from economically weaker sections, have access to an affordable and reliable insurance plan. The scheme is backed by Life Insurance Corporation (LIC), ensuring credibility and security for policyholders.
Overview of PM Bima Sakhi Yojana
The PM Bima Sakhi Yojana is structured to offer life insurance benefits at a minimal premium, specifically designed to support women in safeguarding their families from financial crises in case of unforeseen circumstances. The scheme is especially beneficial for women from low-income backgrounds, self-employed women, and those who are the sole breadwinners of their families.
Key Features of the Scheme
Feature | Description |
---|---|
Target Beneficiaries | Women from economically weaker sections and self-employed women |
Premium Amount | Affordable and minimal premiums, making it accessible to all |
Insurance Coverage | Comprehensive life insurance coverage for financial security |
Payout in Case of Death | Lump sum compensation provided to the nominee |
Policy Tenure | Varies based on selected plan, typically 5-20 years |
Loan Facility | Loan facility available against the policy |
Maturity Benefits | If the policyholder survives the policy tenure, a lump sum maturity benefit is provided |
Benefits of PM Bima Sakhi Yojana
1. Financial Security for Women
This scheme ensures that women have a financial backup in case of emergencies. It provides a safety net for their families, reducing the burden of financial instability.
2. Low Premium & High Coverage
πBima Sakhi Yojana Direct Linkπ
π·π Bima Sakhi Yojana Apply Link | CLICKHERE |
π·π Naan “Mudhalvan Internship Full YouTube Video Link | VIDEO LINK |
The scheme offers high insurance coverage at a minimal premium, making it affordable even for women with low or irregular incomes.
3. Maturity Benefits
If the policyholder survives the entire tenure, she receives a maturity benefit, ensuring that savings are built over time.
4. Tax Benefits
Under Section 80C of the Income Tax Act, the premiums paid for this policy are eligible for tax deductions.
5. Easy Claim Process
The scheme is designed with a hassle-free claim process, ensuring that beneficiaries receive financial support without delays.

Eligibility Criteria
Eligibility Factor | Requirement |
Age Limit | 18-70 years |
Nationality | Must be an Indian citizen |
Income Group | Primarily for economically weaker sections, but open to all women |
Medical Check-up | Required in some cases, based on age and premium amount |
How to Apply for PM Bima Sakhi Yojana?
Applying for this scheme is simple and accessible. Below are the steps to enroll in the PM Bima Sakhi Yojana:
Table of Contents
Documents Required for Enrollment
Document Type | Details Required |
Identity Proof | Aadhar card, Voter ID, PAN card |
Address Proof | Utility bill, Ration card, Driving license |
Income Proof | Salary slip, Bank statement, or BPL card |
Photographs | Recent passport-sized photos |
Bank Details | Account number, IFSC code for premium payments and claims |
Why Should You Opt for PM Bima Sakhi Yojana?
- Security for Families: Provides financial support to dependents in case of untimely demise.
- Affordable Coverage: Suitable for women across different income groups.
- Government-Backed Plan: Offers trust and reliability with LIC as the insurer.
- Long-Term Savings: Encourages financial discipline with assured maturity benefits.
- Additional Riders Available: Option to add accidental death or disability riders.
Frequently Asked Questions (FAQs)
1. Who can apply for PM Bima Sakhi Yojana?
Any Indian woman aged between 18-55 years can apply for this scheme.
2. Is there any medical examination required?
Medical tests are not mandatory for all applicants but may be required for higher coverage amounts.
3. What happens if I miss a premium payment?
There is a grace period of 30 days for premium payments. If not paid within this period, the policy may lapse.
4. Can I take a loan against this policy?
Yes, after completing a certain number of years (as per LIC norms), loans can be availed against the policy.
5. What is the claim settlement process?
In case of the policyholderβs death, the nominee needs to submit the required documents to LIC for claim processing. The amount is transferred to the registered bank account after verification.
Conclusion
The PM Bima Sakhi Yojana is a revolutionary initiative for empowering women by providing them with financial security and insurance coverage. With its affordable premiums, tax benefits, and easy claim process, it serves as a reliable option for women across India. Whether you are a self-employed woman, a homemaker, or a working professional, this scheme ensures long-term protection and financial well-being for you and your family.
By enrolling in this plan, women can take a significant step towards financial independence and safeguard their loved ones against unexpected financial hardships. If you haven’t yet secured your future, consider enrolling in the PM Bima Sakhi Yojana today!
πBima Sakhi Yojana Direct Linkπ
π·π Bima Sakhi YojanaΒ Apply Link | CLICKHERE |
π·π Naan “Mudhalvan Internship Full YouTube Video Link | VIDEO LINK |
PM Bima Sakhi Yojana Scheme β Summary
PM Bima Sakhi Yojana is a government-backed insurance scheme aimed at providing financial security to women, especially those in economically weaker sections. The scheme offers affordable life and accident insurance coverage, ensuring financial support for women and their families in case of unforeseen circumstances.
- PM Bima Sakhi Yojana
- Women Insurance Scheme India
- Government Insurance for Women
- Affordable Insurance for Women
- PM Women Insurance Scheme
- Bima Sakhi Yojana Benefits
- How to Apply for PM Bima Sakhi Yojana
- Eligibility for PM Bima Sakhi Yojana