Pradhan Mantri Kisan Maandhan Yojana
State: Central
Ministry: Ministry Of Agriculture and Farmers Welfare
Department: Department of Agriculture & Farmers Welfare
Category: Agriculture,Rural & Environment, Banking,Financial Services and Insurance, Social welfare & Empowerment
Beneficiary Type: Individual

The scheme aims to provide old-age social security through a minimum assured monthly pension of ₹ 3,000/- to Small and Marginal Farmers after attaining the age of 60 years.

Benefits:
- **Monthly Pension Benefit:**

  - The subscriber will receive a minimum assured pension of ₹ 3,000/- per month after attaining the age of 60 years.

- **Family Pension Benefit:**

  - In case of death of the subscriber, the spouse will receive 50% of the pension amount as family pension.

  - Family pension is applicable only to the spouse.

- **Government Matching Contribution:**

  - The Government of India will contribute an amount equal to the subscriber’s monthly contribution to the pension fund.

- **Disablement Benefit:**

    - If the subscriber becomes permanently disabled before the age of 60 years, the spouse can continue the scheme by paying contributions or exit by receiving the subscriber’s contribution with interest.
    - Exit Benefits:
    - If the subscriber exits within 10 years, only the subscriber’s contribution will be refunded with savings bank interest.
    - If the subscriber exits after 10 years but before 60 years, the subscriber’s contribution will be refunded with accumulated interest or savings bank interest, whichever is higher.
    - If the subscriber dies before 60 years, the spouse can continue the scheme or exit with a refund of the subscriber’s contribution with interest.
    - After the death of both subscriber and spouse, the corpus will be credited back to the pension fund.

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Eligibility:
1. The applicant should be a Small or Marginal Farmer.
   1. The applicant should have cultivable landholding up to 2 hectares as per State or Union Territory land records.
   1. The applicant should be between 18 and 40 years of age at the time of entry.
   1. The applicant’s name should appear in land records as on 01.08.2019.
   1. The applicant should possess an Aadhaar card.
   1. The applicant should have a savings bank account or PM-KISAN account.

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Application Process:
[Online - via CSC]
Step 1: The Eligible SMFs desirous of joining the scheme shall visit the nearest Common Service Centre (CSC).
Step 2: Following are the prerequisites for the enrolment process: 
Aadhaar Card
Savings Bank Account Number along with IFSC Code ( Bank Passbook or Cheque Leave/book or copy of bank statement as evidence of bank account ).
Step 3: Initial contribution amount in cash will be made to the Village Level Entrepreneur (VLE).
Step 4: The VLE will key-in the Aadhaar number, Name of subscriber and Date of birth as printed on aadhaar card for authentication.
Step 5: The VLE will complete the online registration by filling up the details like Bank Account details, Mobile Number, Email Address, Spouse (if any) and Nominee details will be captured.
Step 6: System will auto calculate monthly contribution payable according to age of the Subscriber.
Step 7: Subscriber will pay the 1st subscription amount in cash to the VLE.
Step 8: Enrolment cum Auto Debit mandate form will be printed and will be further signed by the subscriber. VLE will scan the same and upload it into the system.
Step 9: A unique Kisan Pension Account Number (KPAN) will be generated and Kisan Card will be printed.

Documents Required:
Aadhaar Card
Savings Bank Account Number along with IFSC Code ( Bank Passbook or Cheque Leaf/book or copy of bank statement as evidence of bank account).