Pradhan Mantri Kisan Maandhan Yojana
Pradhan Mantri Kisan Maandhan Yojana is a voluntary pension scheme for small and marginal farmers (up to 2 hectares of land) aged 18–40, guaranteeing them a ₹3,000/month pension after age 60. Monthly contributions range from ₹55 to ₹200 depending on entry age, and the government matches every rupee you contribute. Enroll at your nearest Common Service Centre (CSC) with your Aadhaar card and bank/PM-KISAN account details.
About This Scheme
Pradhan Mantri Kisan Maandhan Yojana is a voluntary pension scheme for small and marginal farmers (up to 2 hectares of land) aged 18–40, guaranteeing them a ₹3,000/month pension after age 60. Monthly contributions range from ₹55 to ₹200 depending on entry age, and the government matches every rupee you contribute. Enroll at your nearest Common Service Centre (CSC) with your Aadhaar card and bank/PM-KISAN account details.
Full official description
"Pradhan Mantri Kisan Maandhan Yojana" by the Department of Agriculture & Farmers Welfare, Government of India is a government scheme meant for old age protection and social security of Small and Marginal Farmers (SMF). All Small and Marginal Farmers having cultivable landholding up to 2 hectares falling in the age group of 18 to 40 years, whose names appear in the land records of States/UTs as on 01.08.2019, are eligible to get benefits under the scheme.
Under this scheme, the farmers would receive a minimum assured pension of ₹,3000/- per month after attaining the age of 60 years and if the farmer dies, the spouse of the farmer shall be entitled to receive 50% of the pension as family pension. Family pension is applicable only to the spouse.
Benefits
- Guaranteed ₹3,000/month pension on reaching age 60
- Government matches your monthly contribution (₹55–₹200/month depending on age)
- Spouse receives 50% family pension (₹1,500/month) on the farmer's death
- On exit within 10 years: contributor's share returned with savings bank interest
- On exit after 10 years: contributor's share returned with actual fund returns or savings bank rate (whichever is higher)
- On permanent disability before 60: spouse can continue the scheme or exit with a full refund
Who Can Apply (Eligibility)
- Must be a small or marginal farmer with cultivable land up to 2 hectares as per State/UT land records
- Name must appear in land records as on 01.08.2019
- Must be aged between 18 and 40 years at the time of enrollment
- Must have an Aadhaar card and a savings bank or PM-KISAN account
- Must not be covered under EPFO, NPS (government contribution), or ESIC
- Must not be an income tax payer; not enrolled in PM Shram Yogi Maandhan or PM Vyapari Maandhan
Exclusions
- SMFs covered under any other statuary social security schemes such as National Pension Scheme (NPS), Employees’ State Insurance Corporation scheme, Employees’ Fund Organization Scheme etc.
- Farmers who have opted for Pradhan Mantri Shram Yogi Maandhan Yojana and Pradhan Mantri Vyapari Maandhan administered by the Ministry of Labour & Employment.
- Further, the following categories of beneficiaries of higher economic status shall not be eligible for benefits under the scheme:
All Institutional Landholders.
Former and present holders of constitutional posts.
Former and present Ministers/ State Ministers and former/present Members of Lok Sabha/ Rajya Sabha/ State Legislative Assemblies/ State Legislative Councils, former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.
All serving or retired officers and employees of Central/ State Government Ministries/ Offices/Departments and their field units, Central or State PSEs and Attached offices/ Autonomous Institutions under Government as well as regular employees of the Local Bodies (Excluding Multi Tasking Staff / Class IV/Group D employees).
All Persons who paid Income Tax in the last assessment year Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practice.
How to Apply
Step 1: The Eligible SMFs desirous of joining the scheme shall visit the nearest Common Service Centre (CSC). Step 2: Following are the prerequisites for the enrolment process:
- Aadhaar Card
- Savings Bank Account Number along with IFSC Code ( Bank Passbook or Cheque Leave/book or copy of bank statement as evidence of bank account ).
Step 3: Initial contribution amount in cash will be made to the Village Level Entrepreneur (VLE).
Step 4: The VLE will key-in the Aadhaar number, Name of subscriber and Date of birth as printed on aadhaar card for authentication.
Step 5: The VLE will complete the online registration by filling up the details like Bank Account details, Mobile Number, Email Address, Spouse (if any) and Nominee details will be captured.
Step 6: System will auto calculate monthly contribution payable according to age of the Subscriber.
Step 7: Subscriber will pay the 1st subscription amount in cash to the VLE.
Step 8: Enrolment cum Auto Debit mandate form will be printed and will be further signed by the subscriber. VLE will scan the same and upload it into the system.
Step 9: A unique Kisan Pension Account Number (KPAN) will be generated and Kisan Card will be printed.
Frequently Asked Questions
What is "Pradhan Mantri Kisan Maandhan Yojana (PMKMY)"?
PMKMY is a voluntary and contributory pension scheme launched by the Government of India to provide old-age security to small and marginal farmers.
Who is eligible to join PMKMY?
Small and marginal farmers aged between 18 and 40 years with cultivable landholding up to 2 hectares are eligible to enroll in the scheme.
What pension benefit is provided under PMKMY?
After attaining the age of 60 years, beneficiaries receive a guaranteed monthly pension of ₹3,000/-.
Who is eligible to join PMKMY?
Small and marginal farmers aged between 18 and 40 years with cultivable landholding up to 2 hectares are eligible to enroll in the scheme.
What pension benefit is provided under PMKMY?
After attaining the age of 60 years, beneficiaries receive a guaranteed monthly pension of ₹3,000/-.
How much contribution is required from farmers?
The contribution depends on the age at entry and ranges from ₹55/- to ₹200/- per month.
Does the Government contribute to the scheme?
Yes, the Government of India makes an equal matching contribution to the farmer’s contribution.
What happens if the beneficiary dies during the scheme period?
If the beneficiary dies before the pension age, the spouse can continue the scheme by paying the remaining contributions.
What happens if the beneficiary dies after starting pension?
After the death of the pensioner, the spouse is entitled to receive 50% of the pension as a family pension.
Can a beneficiary exit the scheme?
Yes, beneficiaries can voluntarily exit the scheme before the age of 60 years under specified conditions.
What happens if the beneficiary exits before 10 years?
If the beneficiary exits before completing 10 years, only the farmer’s contribution along with savings bank interest will be returned.
What happens if the beneficiary exits after 10 years but before 60 years?
If the exit is after 10 years, the beneficiary can receive either the farmer’s contribution with interest or the accumulated pension fund, whichever is higher.
How can farmers enroll in the scheme?
Farmers can enroll through Common Service Centres (CSCs).
Can farmers receiving PM-KISAN benefits join PMKMY?
Yes, farmers receiving PM-KISAN benefits can also join PMKMY, and their PM-KISAN benefit can be used for contribution payment.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Aadhaar Card
- Savings Bank Account Number along with IFSC Code ( Bank Passbook or Cheque Leaf/book or copy of bank statement as evidence of bank account).