Sources told a news channel that Bedi may be fielded from a constituency in Delhi.
She is likely to join BJP before March 15, the source said.
Bedi, who was once Arvind Kejriwal's ally in the anti-corruption campaign, has openly endorsed Gujarat Chief Minister and BJP's prime ministerial candidate Narendra Modi.
In past, Bedi has backed Modi's candidature for the prime ministerial position on Twitter.
"For me it is India First! Stable, Well Governed, Administered, Accountable and Inclusive. As an independent voter, my vote is for NaMo." Bedi had tweeted in January.
While praising Modi, Bedi had earlier said that "his name has become synonymous with the development of Gujarat".
"India needs a strong leader, who is tested and experienced. Yes it can be Modi", she had said.
The latest entrant to join BJP is former Army chief Genral VK Singh.