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How PM Fasal Bima Yojana Works — Step by Step
Visit your nearest Common Service Centre (CSC), bank, or the pmfby.gov.in portal before the enrollment deadline for your crop season.
Provide Aadhaar, bank account, land records (Khasra/Khatauni) and declare the crop you are sowing.
Pay only your capped premium share (2% Kharif / 1.5% Rabi / 5% Commercial). Government bears the rest.
Post-harvest, the State Level Coordination Committee on Crop Insurance (SLCCCI) assesses yield data.
If actual yield falls below the threshold, the claim amount is directly credited to your Aadhaar-linked bank account.
Frequently Asked Questions
No. Supreme Court ruled in 2020 that PMFBY is voluntary for all farmers, including those with KCC loans.
Typically 2 weeks before sowing for Kharif and 2 weeks before sowing for Rabi. Check the state agriculture department portal.
Standing crop, prevented sowing (due to drought/flood), post-harvest losses (up to 14 days), and localised calamities (hailstorm, landslide).
Claims must be settled within 2 months of the final crop cutting experiment data being available.
This calculator uses 2026 official government gazette rates and standard financial formulas. Results are highly accurate for planning purposes. Always confirm final numbers with the respective bank, insurer, or government portal before making financial commitments.
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