PM Kisan Maandhan Yojana: After the age of 60, you will get Rs 3000 every month, do free registration like this!

PM Kisan Maandhan Yojana: After a lifetime of hard work in farming, small and marginal farmers often become dependent on others for their financial needs in old age. To address this concern and secure the future of the farmers who feed the country, the Central Government runs an excellent and very successful scheme named ‘Pradhan Mantri Kisan Maan-Dhan Yojana’. This scheme acts as a strong support for those small farmers who do not have any other major means of livelihood.

Which farmers will benefit?

Pradhan Mantri Kisan Maan-Dhan Yojana is primarily designed for small and marginal farmers across the country who have total cultivable land of 2 hectares or less. The government has fixed the age limit for joining this scheme at 18 to 40 years; In fact, the earlier you get involved, the easier it will be to make the necessary investments.

monthly pension amount

Under this scheme, the government will send a fixed monthly pension of ₹3,000 directly into your bank account after you turn 60 years of age. This is a total of 36,000 annually. This amount proves to be a great support to meet medical expenses and daily needs in old age. Another special thing is that in case of unfortunate death of the farmer, his spouse gets 50% of the basic pension i.e. ₹ 1,500 per month as family pension.

Very low premium required

The financial structure of this pension scheme is completely transparent and it has been designed keeping in mind the budget of the farmers. Under this scheme, a monthly premium of ₹ 55 to ₹ 200 has to be paid depending on your age. A unique and special thing about this scheme is that the central government deposits an amount equal to the premium paid by the farmer in his pension fund. The process of applying to avail the benefits of this scheme is also very easy and digital.

application procedure

You can get registered for free at your nearest Common Service Center by giving your Aadhar Card, Khatauni (Land Records) and Bank Passbook. Apart from this, farmers who are already beneficiaries of PM Kisan Samman Nidhi Yojana have the option to get the premium amount deducted directly from the installments they receive, so that they will not have to face the hassle of paying money separately.

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