Pradhan Mantri Fasal Bima Yojana (PMFBY)
Central Scheme (All India)
Agriculture
Application Mode: MIXED
Active
Quick AI Summary
Financial support to farmers suffering crop loss or damage due to natural calamities, pests & diseases.
Detailed Summary
PMFBY provides comprehensive crop insurance from pre-sowing to post-harvest stages against non-preventable natural risks.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - Low premium rates: 2% for Kharif, 1.5% for Rabi, and 5% for commercial/horticultural crops. - Full claim payouts directly to bank accounts. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| age min | >= 18 |
| state id | = 3 |
Application Process Guide
- Apply through authorized bank branch, insurance agent, or directly via National Crop Insurance Portal.