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PM Kisan Samman Nidhi

PM Kisan Yojna

Last Updated 01st Dec 2020

  • PM Kisan Samman Nidhi Yojana provides financial assistance of ₹ 6,000 to the farmers in a single financial year.
  • The amount as per this scheme is disbursed in three instalments of ₹ 2,000 .
  • Farmers from both rural and urban areas are eligible for the scheme.
  • A pension facility is provided with the scheme which generates pension when beneficiaries reach the age of 60.
  • The scheme offers Kisan credit card loans at low-interest rates.

What is PM Kisan Samman Nidhi Yojana?

The PM Kisan Saman Nidhi Yojana was launched on February 24, 2019, and aims to serve 12 crore farmers all over the country. The government publishes the list of beneficiaries on the PM Kisan Yojana Website and has already published the list for 2020.

Funded by the Central Government of India, PM Kisan Sanman Nidhi Yojana scheme operates with the objective to provide financial assistance to the farmer families of the country. Under this scheme, the government deposits ₹ 6,000 per year in three instalments to the accounts of the farmers. A huge percentage of the Indian population is engaged in agriculture; thus, the initiative is taken keeping the wellbeing of the farmers in mind.

Benefits of PM Kisan Samman Nidhi

The PM Kisan Yojna financially assists the farmers. Under this scheme, the beneficiaries can avail the following benefits.

  • Financial support: The scheme generates ₹ 6,000 in a financial year. The amount is disbursed into three parts of ₹ 2,000 at the interval of four months.
  • Easy access to money: The Government transfers the amount directly to the account of the farmers. The farmers can easily withdraw the money from their accounts.
  • Pension facility: Under this scheme, the farmers will add an amount starting from ₹ 55 and up to ₹ 200 in a pension fund until they come to the age of 60. The Government will contribute the same amount to the pension fund, and when the beneficiaries reach the age of 60, they will receive a pension of ₹ 3,000.
  • Credit card loan: The PM Kisan Saman Nidhi Yojana offers Kisan credit card loan at low-interest rates to help the farmers during financial emergencies.

Eligibility for PM Kisan scheme

Individuals must pass the eligibility criteria for being considered as beneficiaries under PM Kisan Samman Nidhi Yojana. Here is the list of eligibility conditions under the scheme.

  • Must be a farmer of any Indian state.
  • Must be in the age category from 18 years to 40 years.
  • Must not hold any institutional land.
  • Must not be a tax assessee in the latest assessment year.
  • The farmer or any member of the farmer family must not be working or have worked at a constitutional post previously.
  • Also, the farmer must have not been a minister, a member of Rajya Sabha, a member of Lok Sabha, a member of State Legislative Assembly, a Corporation Mayor or Chairperson at District Panchayat.
  • The loan applicant must not be a present employee or retired employee in any Central PSE, State PSE, associate offices or autonomous organizations funded by the Government.
  • The farmer must not be Retired or superannuated pensioners with a monthly pension equivalent to or more than ₹ 10,000
  • Lastly, he or she must not be a professional doctor, lawyer, architect. Engineer or chartered accountant.

How to register for PM Kisan Samman Nidhi?

To register yourself under the scheme, you can visit your local Patwari, any Revenue or Nodal Officer assigned by the respective State Government. You can get the registration done online by visiting the official website of the PM Kisan Yojna. Follow these steps and get yourself registered under the scheme in no time.

  • Land on the official website of PM Kisan Yojana.
  • On the right side of the home page, you will see the Farmers Corner.
  • Under the Farmers Corner, tap on New Farmer Registration. It will lead you to the next page.
  • The registration page will first verify if you are already registered on the portal.
  • For the verification, enter your Aadhar Number
  • Enter the Image Code as displayed and tap on Search.
  • If your detail is not found on the database, the screen will display the confirmation and ask if you want to register yourself.
  • Tap on Yes.
  • You will be led to the registration form.
  • Enter all personal details and banking details. Check the information and tap on Save.
  • Follow the instructions shown on the page and complete your registration process.

Documents required to register under PM-Kisan Yojana

While registering under the PM Kisan Saman Nidhi Yojana, keep the following documents with you.

  • Proof of identity (Aadhaar Card or Voter ID card)
  • Proof of residence
  • PAN Card
  • Birth Certificate
  • Details of bank account
  • Photocopy of account passbook
  • Photograph (in passport size)

Check PM Kisan scheme beneficiaries status

The Government of India publishes the list of beneficiaries under the PM Kisan Saman Nidhi Yojana on the official portal. Once you have registered yourself under the scheme, you can see your status on the website. Below laid out are the steps that you can follow to check the beneficiary status.

  • Visit the official portal of PM Kisan Yojana.
  • On the Farmers Corner, take the option of Beneficiary Status. You will be led to the next page.
  • On the page, provide the required details such as state, district, sub-district, block and village.
  • Check the details to ensure that you have provided correct details.
  • Tap on 'Get Report' to view the status.

Credit Card For Kisan

The beneficiaries are eligible for Kisan Credit Card under the Kisan Saman Nidhi Yojana. The key objective behind launching the credit card is to provide loans to farmers with low-interest rates. In addition, it has flexible repayment options as well.

With the Kisan credit card, comes the following features.

  • Loan at the lowest possible interest rates.
  • Up to ₹ 16 Lakh loan without any security and ₹ 3 Lakh with security.
  • In-built crop insurance.

FAQs

How can a farmer register for PM Kisan Yojana?

A farmer can register for PM Kisan Yojana by following these steps.

  • Land on the official portal of PM Kisan Yojana.
  • Tap on New Farmer Registration located under the Farmers Corner.
  • On the next page, enter the required details.
  • The page will ask the farmer to get registered.
  • Tap on "Yes". This will lead to the next form.
  • Enter the details and follow the directions given on the page.

Are farmers who migrated from rural areas to urban areas eligible to apply for the scheme?

Farmers from both rural areas and urban areas can apply under the scheme, provided they pass the eligibility criteria.

Is Aadhar card a mandatory document for applying for PM Kisan yojana?

Yes, aadhaar card is a mandatory document for applying for PM Kisan Yojana. A farmer cannot enrol or register under the scheme without a valid Aadhaar number.

How can a farmer receive the benefit of the PM Kisan yojana?

A farmer has to enrol under the PM Kisan Yojana. If the farmer ticks all the eligibility boxes, his or her name will be on the beneficiary list. The Government will then provide the financial benefit, i.e., ₹ 6,000 in three segments in a financial year. The farmer will receive the money directly to their bank account linked with the scheme.

Benefits of PM Kisan Yojana are received in how many instalments?

The benefits of PM Kisan Yojana are received in three instalments. The Government will transfer ₹ 2,000 three times at an interval of four months.

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