Pradhan Mantri Fasal Bima Yojana (PMFBY)

iAbout This Scheme

PMFBY is India's flagship crop insurance scheme that covers yield losses due to natural calamities, pests, and diseases. Farmers pay a maximum premium of 2% for kharif crops, 1.5% for rabi crops, and 5% for commercial/horticulture crops. The remaining premium is shared by state and central governments.

🎁Key Benefits

• Crop insurance with farmer premium of 2% (kharif), 1.5% (rabi), 5% (commercial/horticulture)
• Covers yield loss due to drought, flood, hailstorm, cyclone, pest, disease
• Covers post-harvest losses for 14 days in field
• Mid-season adversity claims up to 25% of likely claim
• Available through KCC and crop loans (compulsory for loanee farmers)
• Use of technology (satellite, drone) for faster claim settlement

✅Eligibility Criteria

• 1
  All farmers growing notified crops in notified areas
• 2
  Compulsory for loanee farmers; voluntary for non-loanee farmers

📝How to Apply

❓Frequently Asked Questions