PM Fasal Bima Yojana
PM Fasal Bima Yojana

PM Fasal Bima Yojana: Comprehensive Guide to Crop Insurance in India

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The PM Fasal Bima Yojana (PMFBY), also known as the Pradhan Mantri Fasal Bima Yojana, is a revolutionary crop insurance scheme introduced by the Government of India. This initiative aims to provide comprehensive risk coverage to farmers against crop losses due to natural calamities, pests, and diseases. In this article, we will explore the various aspects of PMFBY, including its benefits, application process, eligibility criteria, and much more.

What is PM Fasal Bima Yojana?

The PM Fasal Bima Yojana was launched in 2016 to support farmers by mitigating the financial losses incurred due to unforeseen events affecting their crops. The scheme provides insurance coverage and financial support to farmers in the event of crop failure, ensuring their livelihood is protected and promoting sustainable agricultural practices.

Benefits of PM Fasal Bima Yojana

The Fasal Bima Yojana benefits are extensive, offering several advantages to farmers:

  1. Comprehensive Coverage: The scheme provides coverage against natural calamities like floods, droughts, cyclones, and other risks such as pests and diseases.
  2. Low Premium Rates: The Fasal Bima Yojana premium rates are highly subsidized, making it affordable for farmers. For Kharif crops, the premium is 2%, for Rabi crops 1.5%, and for commercial and horticultural crops, it is 5%.
  3. Financial Stability: The scheme ensures financial stability for farmers by compensating them for crop losses, helping them recover and continue farming.
  4. Increased Coverage: The scheme aims to increase the coverage of insured crops and farmers, thereby reducing the financial vulnerability of the farming community.

Eligibility for PM Fasal Bima Yojana

To avail the benefits of the PM Fasal Bima Yojana, farmers must meet certain eligibility criteria:

  1. Farmers: All farmers, including sharecroppers and tenant farmers growing notified crops in the notified areas, are eligible.
  2. Crop Types: The scheme covers food crops (cereals, millets, and pulses), oilseeds, and annual commercial/horticultural crops.
  3. Notification: The crops and areas are notified season-wise by the respective state governments.

How to Apply for PMFBY

PM Fasal Bima Yojana
PM Fasal Bima Yojana

The application process for PMFBY is straightforward. Here’s a step-by-step guide on how to apply for PMFBY:

  1. Visit the Official Website: Farmers can apply online through the official PMFBY portal or visit their nearest Common Service Center (CSC). Apply Now
  2. Fill Out the Application Form: Complete the application form with the required details, including personal information, crop details, and bank account information.
  3. Submit Required Documents: Provide the necessary documents, such as land ownership records, sowing certificate, and Aadhaar card.
  4. Pay Premium: Pay the applicable premium to enroll in the scheme.

Documents Required for Fasal Bima Yojana

When applying for the PM Fasal Bima Yojana, the following documents are required:

  • Aadhaar card
  • Land ownership records
  • Sowing certificate
  • Bank account details
  • Recent passport-sized photograph

PMFBY Insurance Coverage

The PMFBY insurance coverage is extensive, providing protection against various risks faced by farmers:

  1. Pre-Sowing and Post-Harvest Losses: Coverage for losses occurring during pre-sowing and post-harvest stages.
  2. Localized Calamities: Coverage for localized risks such as hailstorms, landslides, and floods.
  3. Prevented Sowing: Coverage for farmers who are unable to sow crops due to adverse weather conditions.
  4. Mid-Season Adversities: Coverage for crop loss due to mid-season adversities like drought.

PMFBY Enrollment Process

The PMFBY enrollment process involves several steps to ensure that farmers are adequately covered:

  1. Notification by State Governments: State governments notify the crops and areas eligible for coverage each season.
  2. Enrollment of Farmers: Farmers can enroll themselves through banks, insurance agents, or online portals.
  3. Verification and Approval: The application is verified, and if approved, the insurance policy is issued.

PMFBY Online Application

For the convenience of farmers, the PMFBY online application process is user-friendly and efficient. Farmers can visit the official PMFBY portal, fill out the application form, and submit the required documents online. This digital approach simplifies the process and ensures quicker enrollment. Apply Now

PMFBY Claim Process

The PMFBY claim process is designed to be straightforward and transparent, ensuring that farmers receive their due compensation promptly:

  1. Intimation of Loss: Farmers must inform the insurance company or local agriculture department about the crop loss within 72 hours.
  2. Claim Assessment: The claim is assessed based on the extent of the damage and verified through on-ground inspections.
  3. Disbursement of Claim: Once the claim is approved, the compensation amount is directly transferred to the farmer’s bank account.

PMFBY Insurance Companies

Several insurance companies are empaneled under the PMFBY scheme to provide crop insurance coverage. These companies work in collaboration with the state governments and banks to ensure that farmers receive comprehensive coverage and prompt claim settlements.

PMFBY Registration

The PMFBY registration process involves enrolling eligible farmers under the scheme. Farmers can register through banks, insurance agents, or the PMFBY portal. Registration typically opens ahead of the sowing season and continues until the cutoff dates announced by the respective state governments.

PM Fasal Bima Yojana Scheme Details

The PM Fasal Bima Yojana scheme details are meticulously designed to provide maximum benefit to the farmers:

  • Objective: To provide financial support to farmers in the event of crop failure due to natural calamities, pests, and diseases.
  • Implementation: Implemented by empaneled insurance companies in coordination with state governments.
  • Premium Subsidy: The premium rates are heavily subsidized by the government to make the scheme affordable for farmers.

Pradhan Mantri Fasal Bima Yojana Benefits

The Pradhan Mantri Fasal Bima Yojana benefits are aimed at enhancing the resilience of farmers against crop losses. The scheme not only provides financial security but also encourages farmers to adopt modern agricultural practices and technologies to improve crop yields.


The PM Fasal Bima Yojana is a landmark initiative that plays a crucial role in safeguarding the interests of farmers across India. By offering comprehensive crop insurance coverage, affordable premiums, and a streamlined claim process, the Pradhan Mantri Fasal Bima Yojana ensures that farmers can withstand the financial impact of crop losses and continue their agricultural activities with confidence.

With the benefits of the Fasal Bima Yojana being far-reaching, it is essential for all eligible farmers to enroll in the scheme and protect their livelihoods against the uncertainties of nature. For more information and to apply, visit the official PMFBY portal or your nearest Common Service Center (CSC).

Also Read :- Pradhan Mantri Awas Yojana Applications Now

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