What is PMFBY?

The Pradhan Mantri Fasal Bima Yojana (PMFBY) was launched in 2016 to provide our Indian farmers with affordable crop insurance. It shields them against the financial loads caused by natural calamities and unexpected events.

Covering the entire crop cycle from pre-sowing to post-harvest, PMFBY offers comprehensive protection.

Key Features and Objectives

Pradhan Mantri Fasal Bima Yojana (PMFBY):
Pradhan Mantri Fasal Bima Yojana (PMFBY):
  • Risk coverage from pre-sowing up to post-harvest.
  • Low premiums are offered for Kharif crops (2%), Rabi crops (1.5%), and horticultural crops (5%).
  • Extensive use of technology for monitoring crop health, and claims.
  • Timely settlement of claims to ensure farmers’ financial stability.

The scheme is designed to stabilize income, encourage modern farming practices, and promote the agricultural sector’s growth.

Top Benefits of Pradhan Mantri Fasal Bima Yojana (PMFBY)You Should Know

  • Low Premiums: Farmers can pay a small portion of the premium amount, with the majority being subsidized by the government.
  • Wide Coverage: The scheme protects crops from multiple risks, including floods, droughts, pests, and cyclones etc.
  • Fast Claim Settlements: Technical advancements expedite the claim process, ensuring quick financial relief for farmers.
  • Support for Modern Farming: Farmers are encouraged to adopt modern agricultural practices, knowing they are insured. So they can take some fearless decisions for their farming.
FeaturePMFBYOther Insurance Schemes
Premium Rates2% for Kharif, 1.5% for Rabi, 5% for horticultureTypically, higher
CoverageAll stages of crop productionLimited to specific stages
Technology UseDrone, remote sensing, satellite dataMinimal use of technology
Comparisons between PMFBY & Other Insurance Schemes

Eligibility Criteria for PMFBY: Are You Eligible?

  • Eligible Loanee Farmers: Those who have taken agricultural loans or Kisan Credit Card (KCC) loans.
  • Eligible Non-Loanee Farmers: Those who have not availed of any agricultural loans but grow notified crops in the designated areas.
  • Sharecroppers and tenant farmers are also eligible if they provide the required land documents.

Who Is Not Eligible?

  • Those who cannot submit necessary documentation like Aadhaar or Kishan Credit card (KCC) certificates.
  • Farmers who are cultivating land but do not have documentation proving their ownership.
  • Farmers cultivating on government land without a proper lease.

Alternatives for Non-Eligible Farmers

For those farmers, who are not eligible for PMFBY, alternatives like the Weather-Based Crop Insurance Scheme (WBCIS) or state-level insurance programs may provide coverage. These programs often focus on weather anomalies rather than crop yield.

Step-by-Step Guide to Enrolling in Pradhan Mantri Fasal Bima Yojana (PMFBY)

  1. Visit the National Crop Insurance Portal (NCIP)
  2. Register effortlessly with your Aadhaar and mobile number.
  3. Provide essential details about your land, crops, and insurance unit
  4. Upload required documents (land records, Aadhaar, etc.) quickly and easily.
  5. Pay your premium online in a few simple clicks.
  1. Visit your nearest bank branch, Common Service Center (CSC), or Primary Agricultural Credit Society (PACS).
  2. Complete the application form and submit the required documents.
  3. Premium must be paid by way of NEFT only and DD or Cheques are not accepted.
Application process of PMBFY

Documents Required for PMFBY Application

  • Pan card (If applicable)
  • Aadhaar card
  • Land ownership documents (e.g., Records of Rights, lease agreements for tenant farmers)
  • Kisan Credit Card (if applicable)
  • Bank account details (for premium payment)
  • Crop loan papers (for loanee farmers)

Official Sources:

Success Stories from Real Farmers

PMFBY saved my farm after the floods last year. The claim process was smooth, and I received the compensation just in time. See his Story.

– Rahul suresh Mhaske, a farmer from Maharashtra


The insurance gave me the confidence to try new farming techniques without worrying about unexpected losses. See her story.

— Bandana das, a farmer from Odisha

Frequently Asked Questions

Who can apply for PMFBY?

All farmers, including sharecroppers and tenant farmers, who are cultivating notified crops in the insured areas are eligible. Farmers with KCC or crop loans are automatically covered unless they choose to opt out.

How do I know if I’m eligible?

You can use the interactive Eligibility Calculator or contact your nearest bank or Common Service Center for assistance.

What crops are covered under PMFBY?

The scheme covers food crops (cereals, pulses), oilseeds, and annual horticultural/commercial crops.


Disclaimer: epfoservices.org is a private, non-governmental website providing educational content on government schemes. While we strive to present accurate information, please note that the details may change over time. For official, up-to-date information, kindly visit the respective government websites. We are not affiliated with any government body, and the content shared here is for informational purposes only.


For more information on Agriculture Assistance schemes, visit our Agriculture scheme page.