- PM Kisan Mandhan Yojana gives a monthly pension of Rs 3,000 to small and marginal farmers aged 60 and above.
- Farmers aged 18 to 40 with up to 2 hectares of cultivable land can register through Common Service Centres.
- Farmers already enrolled in PM Kisan Yojana can get PM Kisan Mandhan benefits without extra payment by linking both schemes.
Central government has launched the PM Kisan Maandhan Yojana to provide financial security for small and marginal farmers. Under this pension scheme, eligible farmers will receive a guaranteed monthly pension after the age of 60. Linked with the popular PM Kisan Yojana, the scheme offers simple registration and aims to ensure a steady source of income for farmers post-retirement.
PM Kisan Mandhan Yojana is a social welfare scheme by the central government aimed at giving financial security to small and marginal farmers. Under this scheme, enrolled farmers pay a small monthly amount between Rs. 55 and Rs. 200, depending on their age when they join. Once they reach 60 years, they get a fixed monthly pension of Rs. 3,000.
This pension fund is managed by the Life Insurance Corporation (LIC) and made available through Common Service Centres (CSCs) and state governments, making it easy and well-known for farmers nationwide.
Who Can Join PM Kisan Mandhan Yojana?
To join the scheme, farmers must meet these conditions:
- Be between 18 and 40 years old when registering.
- For Small and Marginal Farmers
- Own cultivable land up to 2 hectares.
- Have land recorded in the state or Union Territory land records as of 1 August 2019.
As of August 4, 2024, over 23.38 lakh farmers have already benefited from this scheme, showing its growing reach and effect.
How to Register for PM Kisan Mandhan Yojana
Registering for the PM Kisan Mandhan Yojana is simple and farmer-friendly. Follow these steps to enroll:
- Go to your nearest Common Service Centre (CSC).
- Bring important documents like Aadhaar card, bank passbook, land ownership papers, and a passport-sized photo.
- A CSC worker will help you fill out the online application form.
- Submit the form and sign the mandate for monthly contribution deduction from your bank account.
This process makes sure you can join the pension scheme without any trouble.
Documents Needed for PM Kisan Mandhan Yojana Registration
- Aadhaar Card for identity proof.
- Bank Passbook to link your account for contributions and pension credit.
- Land ownership papers showing cultivable land up to 2 hectares.
- Passport-sized photo for application submission.
How to Get PM Kisan Mandhan Yojana Benefits Without Extra Payment
If you are already a beneficiary of the PM Kisan Yojana, you can get PM Kisan Mandhan Yojana benefits without paying more. Here’s how:
The monthly contribution for PM Kisan Mandhan Yojana, which ranges from Rs 55 to Rs 200 depending on your age, is deducted from the Rs 6,000 yearly financial help you get under the PM Kisan Samman Nidhi scheme.
For example, if you register at age 40 with a monthly contribution of Rs 200, Rs 2,400 will be deducted yearly from your Rs 6,000 allowance. The remaining Rs 3,600 will still be credited to your account. This way, you get a pension for your old age without any extra money burden.
| Feature | Details |
|---|---|
| Monthly Pension | Rs 3,000 after age 60 |
| Age Eligibility | 18 to 40 years |
| Landholding Limit | Up to 2 hectares |
| Monthly Contribution | Rs 55 to Rs 200 (based on age) |
| Registration Location | Common Service Centres (CSCs) |
| Official Website | https://pmkmy.gov.in |
For more details and official updates, you can visit the PM Kisan Mandhan Yojana official website. Secure your future today by registering and making the most of this helpful pension scheme.