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Central Govtschemes

Pradhan Mantri Fasal Bima Yojana (PMFBY)

Crop insurance covering yield losses from natural calamities, pests and disease at a highly subsidised premium.

About this scheme

Launched in Kharif 2016, PMFBY provides comprehensive risk cover from pre-sowing to post-harvest. The farmer pays a capped premium and the balance actuarial premium is shared by the Centre and the State. It covers prevented sowing, standing crop loss, post-harvest losses up to 14 days in the field, and localised calamities such as hailstorm, landslide and inundation. Enrolment is voluntary for all farmers. Claims are settled through the National Crop Insurance Portal with technology inputs such as YES-TECH and WINDS for yield estimation.

Benefits

  • Premium capped at 2% of sum insured for Kharif food and oilseed crops
  • Premium capped at 1.5% for Rabi food and oilseed crops
  • Premium capped at 5% for annual commercial and horticultural crops
  • Cover for prevented sowing, mid-season adversity, standing crop loss and post-harvest loss
  • Claim amount paid directly to the farmer's bank account

Who can apply

  • All farmers growing notified crops in notified areas, including sharecroppers and tenant farmers
  • Both loanee and non-loanee farmers may enrol; enrolment is voluntary
  • Tenant and sharecropper farmers must produce valid land-tenancy documents

Documents required

  • Aadhaar card
  • Land record (RoR) or tenancy agreement
  • Bank passbook with IFSC
  • Sowing certificate or self-declaration of sowing
  • Passport-size photograph

How to apply

  • 1Apply on pmfby.gov.in, through a bank, a CSC or an authorised insurance intermediary
  • 2Select the notified crop for the season and the insured area
  • 3Pay the farmer share of premium before the cut-off date
  • 4Report crop loss within 72 hours via the Crop Insurance App, toll-free number or the insurer
  • 5Loss assessment is done and the claim is credited to the bank account

Important dates

Enrolment cut-off
31 July for Kharif; 31 December for Rabi (state notifications may vary)

Available in: All India

Visit the official portal