PM Fasal Bima Yojana 2024 : Check Required Documents , Eligibility Criteria and Application Status

The PM Fasal Bima Yojana is a crop insurance plan started by the Indian Government to give money support and risk coverage to farmers if their crops fail due to natural disasters. Launched on 18 February 2016, this plan aims to keep farmers’ incomes stable, make sure there is enough food, and encourage farmers to use new farming methods and technologies.

Under PM Fasal Bima Yojana 2024, farmers pay a small premium based on the crop type and season. The central and state governments pay a big part of the premium cost. If crops are lost or damaged because of natural calamities like floods, droughts, or pests, farmers can claim money for their insured crops. This financial help allows farmers to recover from losses and continue farming without going into debt.

Also Read : Mukhyamantri Jeevan Janani Yojana 2024

Overview of PM Fasal Bima Yojana

ParameterDetails
Scheme NamePradhan Mantri Fasal Bima Yojana
Launch Date18 February 2016
MinistryMinistry of Agriculture & Farmers’ Welfare
BeneficiariesAll farmers, including sharecroppers and tenant farmers
ObjectivesProvide financial support to farmers suffering crop loss/damage
Maximum AmountNo capping on the sum insured
Helpline Number1800-180-1551 / 011-23382209
Application ProcessOnline through https://pmfby.gov.in or offline via banks/insurance companies
Official Websitehttps://pmfby.gov.in

The PM Fasal Bima Yojana gives full risk coverage and financial safety to India’s farmers. By insuring crops at very low premium rates, the plan makes sure that farmers can keep farming without worrying about losing their livelihood due to unexpected disasters. The easy access through online and offline ways makes PMFBY a farmer-friendly program.

Eligibility Criteria for PM Fasal Bima Yojana

  • All farmers, including owner-cultivators, tenant farmers, and sharecroppers
  • Farmers growing notified crops in notified areas
  • Farmers who have an insurable interest in the insured crop
  • Farmers who have paid the applicable premium for the notified crop

The PM Fasal Bima Yojana 2024 covers a wide range of farmers from different backgrounds and land ownership types. This inclusive approach makes sure that the benefits of crop insurance reach the most needy sections of the farming community. But farmers must grow notified crops in the specified areas and pay the required premium to be eligible for coverage under the plan.

Required Documents for PM Fasal Bima Yojana

  • Aadhar Card or Driving License or PAN Card for identity proof
  • Bank Passbook for bank account details
  • Land Records or Tenancy Agreement to prove land ownership or tenancy
  • Sowing Certificate issued by the concerned village-level authority
  • Crop Certificate specifying the crops grown in the current season
  • Insurance Proposal Form duly filled and signed by the farmer
  • Land Tax Receipt or Farmer’s Credit Card, if applicable

To make sure the application process goes smoothly and claims are settled on time, farmers must keep proper documents. When submitting the required papers, farmers should make sure the information given is correct and current. If there are any mistakes or missing documents, farmers should actively work with the authorities to fix the issues and avoid delays in coverage or claim settlement.

Crops Covered Under PM Fasal Bima Yojana

The PM Fasal Bima Yojana gives full coverage for a wide range of crops, making sure that farmers doing different types of farming can benefit from the plan. The scheme covers major food crops, cash crops, oilseeds, and horticulture crops, among others.

  • Cereals and Millets: Rice, Wheat, Maize, Bajra, Jowar, Ragi
  • Pulses: Chickpea, Pigeon Pea, Lentil, Mung Bean, Urd Bean
  • Oilseeds: Soybean, Groundnut, Sunflower, Rapeseed, Mustard
  • Commercial Crops: Cotton, Jute, Sugarcane, Tobacco
  • Horticulture Crops: Fruits (Banana, Mango, Grapes), Vegetables (Potato, Onion, Tomato)

Premium Rates and Sum Insured

Crop SeasonPremium Rate
Kharif2% of Sum Insured
Rabi1.5% of Sum Insured
Commercial/Horticulture Crops (Annual)5% of Sum Insured

The sum insured under PMFBY is decided based on the cost of growing crops per hectare for the notified crop, multiplied by the area under cultivation declared by the farmer. The plan provides full risk coverage, and there is no limit on the sum insured. This ensures that farmers get enough compensation if their crops are lost. The premium rates are highly subsidized, with the government paying a big part of the premium cost to make the plan affordable for farmers.

How to Apply for PM Fasal Bima Yojana

  1. Step 1: Visit the official PM Fasal Bima Yojana 2024 website https://pmfby.gov.in.
  2. Step 2: Click on the “Farmer Corner” tab and select “Apply for Crop Insurance.”
  3. Step 3: Choose your state, district, and crop season from the dropdown menus.
  4. Step 4: Fill in the required details in the application form, including personal information, land details, and crop information.
  5. Step 5: Upload the necessary documents, such as Aadhar Card, Land Records, and Sowing Certificate.
  6. Step 6: Review the entered information and documents for accuracy.
  7. Step 7: Make the premium payment online through the available payment options.
  8. Step 8: After successful submission, you will get an acknowledgment receipt and policy document.

Farmers can also apply for PM Fasal Bima Yojana offline by going to their nearest bank branch or insurance company office. They can fill out the application form, submit the required documents, and pay the premium amount there. The concerned officials will guide them through the offline application process and provide needed help.

Claim Process for PM Fasal Bima Yojana

If crops are lost or damaged, farmers insured under PMFBY can file claims to get compensation. The claim process is made to be farmer-friendly and efficient, making sure genuine claims are settled on time.

  1. Step 1: Inform the concerned authorities such as insurance company, bank, or local agriculture department within 48 hours of the crop loss or damage.
  2. Step 2: Submit the claim form with supporting documents like the Crop Cutting Experiment (CCE) report, Land Records, and Sowing Certificate.
  3. Step 3: The insurance company will assess the claim through field checks and satellite imagery analysis.
  4. Step 4: If the claim is found genuine, the compensation amount will be calculated based on the extent of loss and the sum insured.
  5. Step 5: The claim amount will be directly transferred to the farmer’s registered bank account within a specified timeframe.

Farmers should keep proper documents and follow the claim process carefully to ensure smooth processing and settlement of their claims. If there are any problems or issues, farmers can seek help from the designated helpline numbers or their local agriculture officers.

Check Application Status and Beneficiary List

After applying for PM Fasal Bima Yojana 2024, farmers must regularly check their application status and make sure they are included in the beneficiary list. This helps in ensuring that their application has been processed successfully and they are eligible for coverage under the scheme.

  1. Step 1: Visit the official PM Fasal Bima Yojana website https://pmfby.gov.in.
  2. Step 2: Go to the “Farmer Corner” section and click on “Check Application Status.”
  3. Step 3: Enter your Application Number and other required details in the provided fields.
  4. Step 4: Click on the “Submit” button to view your application status.
  5. Step 5: To check the beneficiary list, click on the “Beneficiary List” tab and select your state, district, and crop season.
  6. Step 6: If your name is in the beneficiary list, it confirms your successful enrollment under PMFBY.

Farmers can also check their application status and beneficiary lists offline by going to their nearest Common Service Center (CSC) or agriculture department office. The officials there can help them verify their enrollment and provide necessary information.

Frequently Asked Questions (FAQs)

Question 1: What is the last date to apply for PM Fasal Bima Yojana?

The last date to apply for PMFBY depends on the crop season. For Kharif crops, the application window usually closes by 31st July, while for Rabi crops, the deadline is usually 31st December. But these dates may vary slightly based on state-specific notifications. Farmers should check with their local agriculture department or insurance company for the exact deadlines.

Question 2: How can I calculate the premium for crop insurance?

Farmers can easily calculate their premium for crop insurance using the online premium calculator on the PMFBY website. They need to provide details such as their state, district, crop type, and area under cultivation. The calculator will then compute the premium amount based on the applicable premium rates for the selected crop and location. Factors like the crop’s risk profile and the government’s subsidy also affect the final premium amount.

Question 3: What should I do if my crop is damaged?

If a farmer’s crop gets damaged due to natural calamities or other insured causes, they should immediately inform the concerned authorities. Within 48 hours of the incident, farmers must notify the insurance company, bank, or local agriculture department about the crop loss. They should also document the damage through photographs or videos. Then, they need to submit the claim form with necessary supporting documents to start the claim settlement process.

Question 4: Is PM Fasal Bima Yojana mandatory for all farmers?

PMFBY is mandatory for farmers who have taken crop loans from financial institutions. These loanee farmers are automatically enrolled in the scheme, and the premium is deducted from their loan amount. However, for non-loanee farmers, participation in PM Fasal Bima Yojana 2024 is voluntary. They can choose to enroll in the scheme by paying the applicable premium directly to the insurance company or through designated channels.

Leave a Comment