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Pradhan Mantri Fasal Bima Yojana
PMFBY
Ministry of Agriculture & Farmers WelfareUpdated: 28 December 2025
About the Scheme
Comprehensive crop insurance covering all stages of crop cycle from pre-sowing to post-harvest
Benefits
Very low premium (2% for kharif, 1.5% for rabi, 5% for commercial crops), full sum insured coverage, timely claim settlement
Eligibility Criteria
All farmers growing notified crops in notified areas, both loanee and non-loanee farmers
Documents Required
Land records, crop details, bank account, Aadhaar
Step-by-Step Application Process
1
Visit nearest bank branch or insurance company office
2
fill proposal form
3
pay premium
4
get insurance certificate for the crop season
Frequently Asked Questions
What is the premium for farmers?
Only 2% for kharif crops, 1.5% for rabi crops, 5% for commercial crops; balance paid by government
Is crop insurance mandatory?
Mandatory for loanee farmers; voluntary for non-loanee farmers