🌾 PM Fasal Bima Yojana 2025: Benefits, Eligibility, Premium, Coverage & How to Apply
What Is PM Fasal Bima Yojana?
Pradhan Mantri Fasal Bima Yojana (PMFBY) is a flagship crop insurance scheme launched by the Government of India to protect farmers from financial losses caused by crop damage. The scheme was introduced to provide affordable insurance coverage against crop failure due to natural calamities such as drought, floods, cyclones, hailstorms, pests, and diseases.
Agriculture remains the backbone of India’s economy, and unpredictable weather conditions often put farmers at high risk. PM Fasal Bima Yojana aims to ensure income stability and encourage farmers to continue farming without fear of loss.
Objectives of PM Fasal Bima Yojana
The main objectives of the scheme are:
- To provide financial support to farmers in case of crop loss
- To stabilize farmers’ income
- To encourage farmers to adopt modern agricultural practices
- To ensure easy and affordable crop insurance
- To support sustainable agriculture
This scheme plays a key role in strengthening India’s rural economy.
Key Features of PM Fasal Bima Yojana
Here are the major highlights of the PM Fasal Bima Yojana:
Low Premium Rates
Farmers pay a very small premium amount:
- Kharif Crops: 2% of the sum insured
- Rabi Crops: 1.5% of the sum insured
- Commercial / Horticultural Crops: 5% of the sum insured
The remaining premium is paid by the central and state governments.
Wide Crop Coverage
The scheme covers:
- Food crops (cereals, pulses, oilseeds)
- Annual commercial crops
- Horticultural crops
Both loanee farmers (those who take crop loans) and non-loanee farmers can apply.
Protection Against Natural Risks
PM Fasal Bima Yojana provides coverage against:
- Drought
- Flood
- Cyclone
- Storm
- Landslide
- Hailstorm
- Pest and disease attacks
- Natural fire
This makes the scheme extremely useful during unpredictable weather conditions.
Who Is Eligible for PM Fasal Bima Yojana?
To apply for PMFBY, the applicant must meet the following conditions:
- Must be a farmer growing notified crops
- Must have valid land records or tenancy documents
- Both tenant farmers and sharecroppers are eligible
- Aadhaar card is required
- Bank account linked with Aadhaar
There is no age limit for farmers under this scheme.
Documents Required
Farmers need the following documents to apply:
- Aadhaar Card
- Bank Passbook
- Land ownership or tenancy documents
- Sowing certificate
- Crop details
- Passport-size photograph
How to Apply for PM Fasal Bima Yojana (Online & Offline)
Online Application Process
Farmers can apply online by following these steps:
- Visit the official website: https://pmfby.gov.in
- Click on “Farmer Corner”
- Select “Apply for Crop Insurance”
- Enter Aadhaar and bank details
- Choose crop, season, and area
- Upload required documents
- Submit the application
After successful submission, farmers receive a confirmation message.
Offline Application Process
Farmers can also apply offline by visiting:
- Nearby bank branches
- Common Service Centers (CSC)
- Agriculture department offices
Claim Settlement Process
If a farmer suffers crop loss:
- Inform the insurance company or agriculture office within 72 hours
- Field assessment is conducted
- Crop loss data is verified
- Claim amount is directly transferred to the farmer’s bank account
The government aims for fast and transparent claim settlement under PMFBY.
Benefits of PM Fasal Bima Yojana
Some major benefits include:
- Financial protection against crop failure
- Affordable premium for farmers
- Quick claim settlement through DBT
- Reduced dependency on moneylenders
- Encourages farmers to invest in better farming practices
This scheme has helped millions of farmers across India.
Challenges and Improvements
Despite its benefits, PMFBY faces some challenges:
- Delay in claim settlements in some states
- Awareness issues among farmers
- Need for faster crop assessment
The government is continuously improving the scheme using technology like satellite imaging and mobile apps.
Why PM Fasal Bima Yojana Is Important for Farmers
With climate change increasing the frequency of extreme weather events, crop insurance has become essential. PM Fasal Bima Yojana ensures that farmers do not fall into debt due to circumstances beyond their control.
The scheme not only protects farmers but also supports India’s food security and agricultural growth.
Conclusion
PM Fasal Bima Yojana is one of the most important welfare schemes for Indian farmers. By offering low-cost crop insurance and wide coverage, it provides much-needed financial security. Farmers are strongly encouraged to enroll in the scheme to safeguard their crops and income.
With proper awareness and timely claim settlements, PMFBY can play a major role in strengthening India’s agricultural sector.
Official PM Fasal Bima Yojana Website
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