Last Updated:June 05, 2025, 11:05 IST
The Pradhan Mantri Fasal Bima Yojana (PMFBY), launched by PM Modi in February 2016, offers crop insurance to protect farmers from natural calamities, pests, and diseases.
Farmers can apply for the PMFBY online.
The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a significant initiative by the Government of India, aimed at protecting farmers from the risks of crop damage. This scheme provides insurance coverage against losses due to natural calamities, pests, and diseases. It not only offers compensation for crop loss but also instills confidence in farmers. Here’s how to apply for the PMFBY, what documents are required, who is eligible, and what benefits it offers to farmers.
What is PM Fasal Bima Yojana?
The Pradhan Mantri Fasal Bima Yojana (PMFBY), which was launched on February 18, 2016 by Prime Minister Narendra Modi, is a government crop insurance scheme to provide financial protection to farmers against crop loss or damage due to natural calamities, pests, and diseases.
Also Read: PM Kisan 20th Installment Date: PM Modi To Release Next Tranche On This Date; How To Apply?
PMFBY aims to ensure farmers’ income stability by compensating them for losses suffered during the cultivation cycle. By paying a very low premium, farmers can insure their crops and receive timely support in case of any unforeseen agricultural setbacks. The scheme helps reduce farmers’ dependence on moneylenders and promotes sustainable farming practices.
How to Apply Online? Here’s A Step-By-Step Guide
Farmers can apply for the PMFBY online. For this, visit the official website of the Government of India: https://pmfby.gov.in. Here, farmers can register, access detailed information about the scheme, and fill out the application form.
- Step 1: Register on the website as a farmer
- Step 2: Select the crop and district
- Step 3: Upload the required documents
- Step 4: Pay the insurance premium
How to Fill the Application Form?
- Visit the website – https://pmfby.gov.in
- Register as a farmer – Enter mobile number, Aadhaar number, and bank details
- Log in – Use the registered mobile number to log in
- Select the crop and village
- Upload necessary documents
- Make the premium payment
- Submit the form and download the receipt
Required Documents for PMFBY
Aadhaar Card, Land documents / Khatauni (land ownership record), copy of bank passbook, passport-size photograph, and sown crop details are the documents required for the PM Fasal Bima Yojana.
Who is Eligible for the PMFBY?
- All general, small, and marginal farmers
- Those with legal documents of land ownership
- Tenant farmers (subject to certain conditions)
- Farmers who have taken agricultural loans (insurance is mandatory for them)
Benefits for Small and Marginal Farmers
- Insurance coverage at very low premium rates
- Compensation for crop losses due to natural disasters
- Assistance in repaying agricultural loans
- Reduction in mental stress and farmer suicides
- Boost in confidence to continue farming
Which Crops are Covered Under the Scheme?
- Kharif Crops: Paddy, maize, millet (bajra), urad, moong, soybean, etc.
- Rabi Crops: Wheat, chickpea, mustard, barley, etc.
- Commercial Crops: Cotton, sugarcane, potato, onion, etc.
The crops eligible for insurance may vary from state to state. Details are available on the PMFBY portal.
Why is PMFBY Important?
Unpredictable weather conditions, floods, droughts, and hailstorms cause significant damage to crops. In such situations, the Pradhan Mantri Fasal Bima Yojana provides financial security to farmers.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
- First Published:
#Crop #Insurance #Apply #Pradhan #Mantri #Fasal #Bima #Yojana #Documents #Crops #Covered
