Schemes / Government of India
Pradhan Mantri Fasal Bima Yojana (PMFBY)
Central schemeFarmer
Crop insurance against yield loss from natural calamities, pests and diseases, with low farmer premiums and the rest of the premium paid by government.
What you get
Insurance cover for notified crops. Farmers pay a maximum premium of 2% of the sum insured for kharif crops, 1.5% for rabi crops and 5% for annual commercial and horticultural crops; claims are paid to the bank account.
Who can apply
- All farmers, including sharecroppers and tenant farmers, growing notified crops in notified areas
- Enrolment is voluntary for all farmers, including those with crop loans
How to apply
- Enrol before the season's cut-off date through your bank, a Common Service Centre, an insurance company agent, or directly on pmfby.gov.in
- Provide land/sowing details and pay the farmer share of the premium
- Report crop loss from localised calamities quickly (within 72 hours) via the Crop Insurance app, helpline 14447 or your insurer
Documents usually needed
- Aadhaar card
- Land record or tenancy/sowing certificate
- Bank passbook
- Sowing declaration
Nodal authority: Ministry of Agriculture and Farmers Welfare. Amounts and rules change — the official page is the final word.