PM Kisan Maandhan Yojana: Rs 3000 Pension for Farmers

PM Kisan Maandhan Yojana: Rs 3000 Pension for Farmers: The Indian government frequently launches various schemes for its citizens. As India is an agriculture-driven country, numerous initiatives have been introduced specifically for farmers. One such commendable scheme is the Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), which offers farmers a monthly pension of ₹3000.

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If you’re wondering how to benefit from this scheme or who is eligible, this article will provide you with all the necessary information.

What is the Pradhan Mantri Kisan Maandhan Yojana?

Launched on September 12, 2019, the PM Kisan Maandhan Yojana Rs 3000 Pension for Farmers aims to provide financial assistance to farmers. This is a pension scheme designed for the country’s poor, small, and marginal farmers. Under this scheme, farmers can contribute a fixed amount monthly and receive pension benefits after the age of 60.

Monthly Pension of ₹3000 After 60

With the goal of securing the future of poor farmers, this scheme provides a pension plan for their old age. Applicants need to contribute ₹55 per month, which the government will match, totaling ₹110 deposited into the farmer’s account each month. After reaching the age of 60, farmers will receive a monthly pension of ₹3000. Depending on age, the monthly contribution can range from ₹55 to ₹200.

Who Can Benefit from the PM Kisan Maandhan Yojana?

This scheme is available to small and marginal farmers facing financial hardships, who own 2 hectares or less of farmland. Additionally, any worker in the unorganized sector can also avail of this benefit. Applicants must be between the ages of 20 and 42, with a monthly income of ₹15,000 or less. Individuals already enrolled in EPFO, ESIS, or NPS are ineligible for this scheme.

Read More: PM Kisan KYC Status Check by Aadhaar Number 

How to Apply Online for This Scheme

To apply for this scheme from the comfort of your home, visit the official website [pmkmy.gov.in]. Click on the “Self Enrollment” option, register your name, and fill out the form with the required information before submitting it.

Required Documents for Application

To apply for the PM Kisan Maandhan Yojana, the following documents and information are required:

  • Aadhaar Card
  • Identity Proof
  • Land Ownership Documents
  • Income Certificate
  • Mobile Number
  • Passport-sized Photograph
  • Bank Account Passbook
  • Nominee Information

These are the necessary documents and information to apply for the scheme.

Read Also: PM Kisan Beneficiary List 2024: Village Wise List Check

By following these steps, you can successfully apply for the Pradhan Mantri Kisan Maandhan Yojana and secure a stable future for yourself as a farmer.

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