Pradhan Mantri Fasal Bima Yojana [PMFBY]: Details, Online Registration, Forms and everything.

Want information about Pradhan Mantri Fasal Bima Yojana? then here we have all the information about Pradhan Mantri Fasal Bima Yojana. Pradhan Mantri Fasal Bima Yojana Details.

Pradhan Mantri Fasal Bima Yojana means the Government provides the insurance for the crop in case of loss to the farmers, due to floods or heavy rain in their area the Government gives some amount to the farmers those lost their crops. Crop Insurance is an integrated IT solution and a web-based ecosystem to speed up service delivery, unify fragmented databases, achieve a single view of data, and eliminate manual processes. Crop Insurance provides insurance services to farmers faster than before. What is the procedure for applying online insurance for the crop? How to apply the scheme and renewal of the scheme.we will let you know in the following step.

About Pradhan Mantri Fasal Bima Yojana [PMFBY]

The Government is endeavouring for the integration of all the stakeholders viz. farmers, insurance companies, financial institutions & Government agencies on a single IT platform. This will ensure better administration, coordination & transparency for getting real-time information and monitoring.

This is a stable, secure and seamlessly integrated ecosystem created with a comprehensive view of data in a secure environment thereby enabling information access to multiple stakeholders via. Farmers, Govt. Functionaries, Insurance Companies, Intermediaries, Bankers and social & community bodies.

Crop Insurance portal has enabled the digitization of notification of areas, crops, schemes for enabling information access to multiple stakeholders thereby facilitating ease of access to the farmers in availing crop insurance services. This automated solution has opened a window of opportunity to remote and economically-weak farmers to benefit from crop insurance services.

Objectives of the Pradhan Mantri Fasal Bima Yojana

PMFBY functions under the primary objective of assisting the farmers in protecting their crops. The prime objectives of the scheme include

  • Provision of insurance coverage and financial assistance to the farmers against failure/loss/damage of any of the notified crops because of some natural calamities, pests & diseases.
  • Ensuring stability in the income of the farmers so that they are able to continue with farming.
  • Encouraging farmers to adopt innovative & modern agricultural methods of farming.
  • Ensuring credit flow in the agricultural sector.

Uses of Pradhan Mantri Fasal Bima Yojana

  • This scheme will replace the National Agricultural Insurance Scheme (NAIS) and the modified NAIS.
  • The scheme involves premium payments by the farmers in favour of PMFBY-
    1. In case of all Kharif crops, 2% of the Sum insured or Actuarial rate (whichever is less) is paid by the farmers
    2. In case of all Rabi crops, 1.5% of the sum insured or Actuarial rate (whichever is less) is paid by the farmers.
    3. In case of annual commercial and horticultural crops, 5% of the sum insured or Actuarial rate (whichever is less) is paid as premium.

Note: Actual Rate is the estimated value of the future losses of the insurance company. This helps in determining the lowest premium which meets all the required objectives of the company.

  • The applicable farmer’s share of premium as quoted above is paid by the farmer. However, in case the Actuarial premium is more, the government is obliged to provide subsidy equal to the difference between Actuarial premium and premium paid by the farmer so as to provide full insured amount to the farmers. Also, the maximum limit on subsidy is not defined by the government.
  • Initially, there was a maximum limit to the premium rate to limit the Government from surpassing on the premium subsidy. This maximum limit is now removed because it led to low claims being paid to farmers. Now, the farmers will get a full claim against the entire sum insured with no reductions.
  • The scheme ensures better insurance coverage by providing protection against pre-sowing losses, post-harvest losses because of cyclonic rains and unseasonal rainfall in India.  
  • There are several new innovative techniques and tech-driven facilities such as satellite imagery, vegetation indices, etc. which the scheme foresees for the assistance of farmers. This is adjacent to the use of smartphones for the purpose of increasing speed and accuracy during crop estimation.

Which are covered under the scheme for farmers

All the farmers who are growing notified crops in the notified area during the season and have an insurable interest in the crop are covered under PMFBY.

  • Compulsory Coverage: All Farmers in the notified area who have taken a crop loan account from a co-operative bank or society/KCC account under which the credit limit is approved/renewed for the notified crop during the crop season and the ones availing Seasonal Agricultural Operations (SAO).
  • Voluntary Coverage: Voluntary coverage of the scheme can be obtained by all those farmers which are not covered in compulsory coverage, including crop KCC/Crop Loan Account holders whose credit limit is not renewed.

Risks that are covered under the scheme are

All crops are prone to risks. Here are the risks resulting in loss of crops covered under the scheme-

  1. Standing Crop: Yield Loss due to Non-preventable risks such as-
    1. Natural fire
    2. Lightning
    3. Storm, Hailstorm, Typhoon, Hurricanes, Tornado, etc.
    4. Flood, Landslides and Inundations
    5. Drought and Dry spells
    6. Pests/Diseases, etc.
  2. Prevented Sowing/Planting Risk: In this case, where most of the insured farmers of a notified area are prevented from insured crop sowing or planting because of deficit/adverse rainfall and thereby, up to 25% of the sum insured is payable to the farmers as indemnity claims.
  • Post-Harvest Losses: Insurance cover for a maximum period of 14 days is available for the crops which are cut & spread to dry in the field post-harvesting, against cyclone/cyclonic rains, unseasonal rains in the country.
  • Localised Calamities: Coverage from losses which occur due to some identified localised risks- hailstorms, landslides, inundations which eventually affected isolated farms in the notified area.

The Risks that are not covered under the scheme

Following are the risks to crops which are excluded/not covered:

  1. Wars and nuclear risks
  2. Malicious damage
  3. Riots
  4. Theft and Act of enmity
  5. Grazed and/or destroyed by domestic or wild animals

Inclusions under Scheme Activity Calendar

  • The loaning period, in which the loan is sanctioned, for farmers who took loans-
    • Kharif crops: April to July is
    • Rabi crops: October to December
  • The cut-off date for receipt of Proposals of farmers (for the ones who have taken loan as well as for the ones without loan)-
    • Kharif crops: 31st July
    • Rabi crops: 31st December
  • The cut-off date for receipt of crop data
    • Within a month from the date of final harvest for both Kharif as well as Rabi crops.

The New Guidelines for the Scheme (PMFBY)

In 2018, the government modified the existing guidelines for PMFBY. New provisions in the scheme include-

  • Penalties: 12% interest rate is paid by the Insurance Company to the farmers against delays in settlement of claims for more than two months from the dictated cut off date. Likewise, the state government is obliged to pay 12% interest rate in case of more than three months delay in the release of subsidy share from the given cut off date by the Insurance Companies.
  • Loss/Damage in crops due to the attack of wild animals will have additional coverage on a pilot basis with some financial liabilities borne by the respective state governments.
  • Cloud burst and natural fire will be included in localised calamities.
  • Hailstorms will be included in post-harvest losses.
  • Introduction of district wise crop-wise calendar for major crops to decide the cut-off date for enrolment.

The Procedure To Apply For The Pradhan Mantri Fasal Bima Yojana?

Farmers who have taken loans from banks or co-operative societies can enrol through the same bank. And, farmers who have not taken any loans can apply through banks, brokers, CSC e-Governance Services India Limited or directly through the website. To apply for online crop insurance under PMFBY, follow the given steps in the article.

  1. firstly you need to visit the official website that is. click here.
  2. Then after opening that you will get a home page, in that home page you can see the FARMER CORNER.
  3. Click on ‘Farmer Corner’.
  4. After clicking that you will get NEW REGISTRATION / Guest login you will get.
  5. If you are already registered, you can proceed to get enrolled under the scheme. However, new farmers will have to register themselves by filling the registration form.


APPLICATION STATUS for thse who applied

  • The farmers those who applied already they can check their application status they can check here.
  • After filling the application form you just need to enter the captcha code correctly and then submit.

Pradhan Mantri Fasal Bima Yojana Help Desk

In case you have any doubt we can ask the queries to the below email:


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