Description
Pradhan Mantri Fasal Bima Yojana:-
Farmers have to pay a uniform premium of only 2% for all Kharif crops and 1.5% for all Rabi crops. In the case of annual commercial and horticultural crops, the premium will be only 5%.
The premium rates to be paid by the farmers are very low, and the remaining premium will be paid by the government so that farmers can be provided full insured amount in case of any natural calamity-related crop loss.
There is no upper limit on government subsidy. Even if the remaining premium is 90%, it will be borne by the government.
Earlier, there was a provision of capping on premium rates, due to which farmers received lower claim payments. Now, this has been removed, and farmers will receive the full insured amount without any deductions.
The use of technology will be largely encouraged. To reduce delays in claim payments, crop cutting data will be collected and uploaded using smartphones, remote sensing drones, and GPS technology.
Documents Required for Pradhan Mantri Fasal Bima Yojana:
- Land documents of the farmer
- Farmer’s identity proof (Aadhaar Card, Ration Card, PAN Card, Voter ID)
- Farmer’s address proof (Voter ID)
- Bank account details like – bank name, branch, account number
- Sowing date of the crop by the farmer
Next Step:
Instructions:
To avail the benefits of the Pradhan Mantri Fasal Bima Yojana, ensure all necessary documents are ready and valid. After placing your order, kindly send the above-mentioned documents via WhatsApp to 8127089619 for verification and further processing.
Reviews
There are no reviews yet.