On attaining the age of 60 years, the farmer is given a assured pension of at the very least Rs 3000 each month. If the farmer dies, then 50 p.c of the pension cash is given to his spouse (husband additionally if the lady is a farmer) as household pension.
Pradhan Mantri Kisan Maandhan Yojana is a authorities scheme in which there’s a provision to present pension to the aged and farmers beneath social safety. Small and marginal farmers come beneath the purview of this scheme. By the way in which, all small and marginal farmers holding as much as 2 hectares, whose age is between 18 to 40 years and whose names are included within the land data from 1.08.2019, can apply for pension beneath PM Kisan Maandhan Yojana .
On attaining the age of 60 years, the farmer who comes beneath the scheme is given a assured pension of at the very least Rs 3000 each month. If the farmer dies, then 50 p.c of the pension cash is given to his spouse (husband additionally if the lady is a farmer) as household pension. Under this scheme, if the farmer’s spouse or girl is a farmer, then there’s a rule to present household pension to her husband solely.
Apply for PM Kisan Pension
- The farmer who needs to make the most of this scheme must go to the closest Common Service Center.
- To embody your title within the scheme, together with Aadhar card and IFSC code, additionally, you will have to supply a financial savings checking account. For checking account, copy of financial institution passbook or cheque, copy of verify ebook or financial institution assertion must be given.
- After opening the account, the preliminary contribution must be deposited in money with the Village Level Entrepreneur (VLE).
- The VLE will confirm the Aadhaar quantity, title of the beneficiary and date of start as printed on the Aadhaar.
- The VLE will full the web registration on the premise of financial institution particulars, cellular quantity, e-mail handle, partner’s title, nominee’s title.
- After registration, in line with the age of the beneficiary, the system will give the account of month-to-month cost.
- After opening the account, the primary installment must be deposited in money with the VLE.
- The debit mandate kind can be printed out from the system which can be signed by the beneficiary. The VLE will scan this way and add it on the system.
- With this, a singular Kisan Pension Account Number or KPAN can be generated and the Kisan Card can be printed and obtained.
Benefits of Kisan Pension Scheme
- Under the pension scheme, a pension of as much as Rs 3000 is given to the beneficiary on maturity. With this quantity of pension, the farmer can meet his every day bills.
- Till the beneficiary farmer attains the age of 60 years, until the age of 18 years to 40 years, he has to deposit Rs 55 to Rs 200 within the account each month.
- As quickly because the beneficiary farmer turns 60, he has to submit a declare to get the pension. After this, a set quantity begins getting deposited within the farmer’s account each month.
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