Pradhanmantri Fasal Bima Yojana, 3 Easy Ways to Check Your Eligibility

Pradhanmantri Fasal Bima Yojana Details

Pradhanmantri Fasal Bima Yojana Hi friends, I was wondering if you had also lost a lot of money on the crop. Your crop hasn't grown well either because of the excessive rains. And you've lost a lot of things. You can stop worrying now. for the Pradhan Mantri Fasal Bima Yojana 2024, which was launched by the Indian government. You will receive full compensation from the government for your produce under this arrangement. You must apply online at its official website in order to receive the benefits of this program.

Pradhanmantri Fasal Bima Yojana: Overview

Name of the schemePrime Minister Crop Insurance Scheme
Relevant departmentsDepartment of Agriculture and Farmers Welfare

began

Free Online Courses

by the central government
BeneficiaryAll the farmers of India
Main ObjectiveFinancial assistance to farmers
maximum amount2 lakh rupees
Helpline Number1800-180-1111 / 1800-110-001
Application ProcessOnline/Offline
Official Websitepmfby.gov.in

in case you are unsure about how to apply online. This post will therefore walk you through the entire online application process. Thus, make sure to read this content through. Pradhan Mantri Fasal Bima Yojana 2024 Prime Minister Shri Narendra Modi has launched the program. Prime Minister Shri Narendra Modi launched this initiative on February 18, 2024. Farmers are able to report crop loss through this program. They are able to obtain crop insurance in the event that their crops are harmed by pests, illnesses, natural disasters, or severe rainfall.

In such a case, the Indian government will provide you with this assistance. In order to do this, interested farmers can also visit the Pradhan Mantri Fasal Bima Yojana official portal and compute the insurance premium amount. You must apply online for this position. All of the information regarding the Pradhan Mantri Fasal Bima Yojana has been included in this article. To make up for your crop loss, read this article through to the conclusion.

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Pradhanmantri Fasal Bima Yojana Aim

The primary goal of Prime Minister Shri Narendra Modi's Pradhan Mantri Fasal Bima Yojana is to give farmers who have lost crops to natural disasters financial support. in order to persuade farmers to purchase contemporary and innovative agricultural goods. Additionally, they are able to replant crops and maintain a steady and consistent farming revenue. When different crops are lost, the government gives farmers varying sums of money under the Pradhan Mantri Fasal Bima Yojana. For the country's farmers to get rewards under this program, they must fill out a few required forms. In addition to this, a few required documents must be kept on hand.

Pradhanmantri Fasal Bima Yojana Benefits

The Pradhan Mantri Fasal Bima Yojana offers farmers the following advantages.

  • Farmers are insured by the central government under the program against crop loss resulting from natural disasters.
  • Farmers are required to pay the insurance premium amount under the plan, to which the central government also makes a contribution.
  • A 1.5% premium for Rabi crops, a 2% premium for Kharif crops, and a 5% premium for horticultural and commercial crops are required of farmers under the system.
  • If the farmer purchases crop insurance through the program's official website, he will receive a premium reduction.
  • Farmers must disclose crop losses under the program within 14 days of the loss in order to get the insurance payout.
  • The Agriculture India Insurance Company is in charge of the program.
  • The Government of India increases the funds under the initiative annually. Over Rs 5000 crore was set aside for farmers under the program in 2016–17.
  • To date, almost 36 crore farmers nationwide have received insurance under the Pradhan Mantri Fasal Bima Yojana.

Crops Included in Pradhanmantri Fasal Bima Yojana

You must grow one of the following crops in order to be eligible for the Pradhan Mantri Fasal Bima Yojana and make up for the loss of your crop. You will not be able to take advantage of this program if your crop is not included here. You will receive the benefits of this scheme if your crop falls into one of the following categories.

  • Paddy, wheat, millet etc.
  • Cotton, jute, sugarcane etc.
  • Arhar, gram, pea, famous, soybean, green gram, urad, cowpea etc.
  • Sesame, Mustard, Endive, Cottonseed, Groundnut, Soybean, Sunflower, Toria, Safflower, Linseed, Niger Seeds etc.
  • Banana, Grape, Potato, Onion, Kasava, Cardamom, Ginger, Turmeric, Apple, Mango, Orange, Guava, Litchi, Papaya, Pineapple, Sapota, Tomato, Peas, Cauliflower etc.
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PM Fasal Bima Yojana Eligibility

The Pradhan Mantri Fasal Bima Yojana eligibility requirements must be met in order to apply. Benefits under the Pradhan Mantri Fasal Bima Yojana will be granted to you if you meet these requirements. Furthermore, you might not be eligible to receive the benefits of this scheme if you don't meet these requirements.

Pradhanmantri Fasal Bima Yojana Documents

There is one more thing you need to do if your crop has also been harmed and you qualify to apply for the crop insurance program. It is required that you gather and preserve the required documentation in order to apply for the Pradhan Mantri Fasal Bima Yojana. In order to apply later, these documents will be required.

  • Aadhar card
  • Bank account statement
  • Khaasra Number
  • Sowing Certificate
  • village patwari
  • Land related documents etc.

Pradhanmantri Fasal Bima Yojana Online Registration

The following steps must be followed if you wish to register online for the Pradhan Mantri Fasal Bima Yojana.

  • The Pradhan Mantri Fasal Bima Yojana's official website must be visited first.
  • You will see the front page of the website.
  • You must select the Farmer Corner Apply for Crop Insurance Yourself option that shows up on the website's main page.
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  • You will now be presented with a new page with the Farmer Application option, which you must click.
  • You must select the Guest Farmer option here.
  • In front of you, the registration form will open.
  • You must fill out the registration form with all the required information, including your name, address, ID, account number, and land-related details.
  • Once all the information has been provided, the generated captcha code must be typed.
  • Lastly, press the button that says "Submit."
  • Registering online via the Pradhan Mantri Fasal Bima Yojana's official website is one way to accomplish this.
  • You will need to pay the crop insurance premium after completing the registration process; more details will be given.

PM Fasal Bima Yojana Offline Registration

Through the Pradhan Mantri Fasal Bima Yojana, the Indian government offers the option of both an online and offline registration process. The scheme's advantages are available to farmers nationwide who submit an offline application; more details are offered.

  • Farmers who want to take advantage of the program can visit the closest bank office and fill out the offline application.
  • The first step is to visit the nationalized bank branch that is closest to you.
  • You must obtain the Pradhan Mantri Fasal Bima Yojana application form from the relevant bank officer.
  • The application form must be completed with all required information.
  • The application form must be submitted with the requisite paperwork under the scheme.
  • By visiting the bank branch, the completed application form must be delivered to the relevant official.
  • It is necessary to pay the crop-specific premium.
  • In this way you can submit offline application form under Pradhan Mantri Fasal Bima Yojana.
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if you have also submitted an application for the Pradhan Mantri Fasal Bima Yojana. You now wish to verify the current status of your application. Therefore, you can follow the steps listed below to verify the status of your application.

  • The initial step for the applicant is to go to the Pradhan Mantri Fasal Bima Yojana's official website.
  • You then need to select the application status option.
  • The next step is to enter your application number, take a picture, and select the "Check Status" option.
  • You will be able to see the status of your application as soon as you click on the check status option.

PM Fasal Bima Yojana Premium Calculator

The following steps must be followed in order to determine the amount received under the Pradhan Mantri Fasal Bima Yojana and the premium deposited under the scheme. Farmers can obtain information about the insurance premium based on their crop and region by using the premium calculator feature on the Pradhan Mantri Fasal Bima Yojana's official website.

  • First and foremost, you must visit the Pradhan Mantri Fasal Bima Yojana's official website.
  • In front of you will open the website's home page.
  • You must select the insurance premium calculator option that is displayed on the website's front page.
  • A fresh page will appear before you.
  • The type of crop, the scheme name, the state name, the district name, and all other necessary information must be filled out and submitted correctly when asked.
  • You now need to select the visible calculate option.
  • The details of the Pradhan Mantri Fasal Bima Yojana insurance premium amount will now be shown to you. Here, you will see the amount of the premium that you have paid, the information about the main amount that the government has set aside under the insurance plan, and the approximate amount of the insurance that you will receive.

Conclusion

We have attempted to you all the information you need to know about the Pradhan Mantri Fasal Bima Yojana in this article, friends. We have only included the most crucial details about this plan in this article. Moreover, if you applied using the procedure we specified. So you don't have to freak out now. Because you will receive payment from the government for your produce in a few days.

Frequently Asked Questions

A government-sponsored crop insurance program called PMFBY shields farmers financially from crop losses brought on by pests, illnesses, and natural disasters.

Both loanee and non-loanee farmers are eligible, as are all farmers cultivating recognized crops in government-designated zones.

As announced by state governments, the program encompasses oilseeds, food crops, and horticulture or annual commercial crops.

A tiny portion of the premium is paid by farmers:

  • Kharif crops: 2% of the total amount of insurance
  • Rabi crops: 1.5% of the total amount of insurance
  • Commercial and horticultural crops per year: 5% of the total insured

The government uses cutting-edge technology, such as drones and satellite images, to gather data on crop production loss, which is used to compute claims.

Within 72 hours after the incident that caused the loss, farmers can report agricultural losses to the closest bank, insurance office, or PMFBY helpline.