Farmers work hard day and night, but one big worry always remains—how will they manage expenses in old age?
To solve this problem, the government has launched the PM Kisan Mandhan Yojana.
This scheme is not just a plan, but a reliable support system for farmers after retirement.
It helps them live a secure and respectful life without depending on others.
Small farmers usually don’t have big savings.
This scheme ensures that after the age of 60, they have a steady source of income.
How Much Pension Will You Get?
The biggest benefit of this scheme is a fixed monthly pension.
After turning 60, farmers receive ₹3,000 every month directly in their bank account.
This means ₹36,000 every year.
Another important benefit is that the government adds the same amount that you invest.
This doubles your total savings over time.
The monthly contribution is also affordable.
Depending on your age, you need to deposit between ₹55 and ₹200 per month.
Who Can Take Benefit of This Scheme?
This scheme is specially designed for small and marginal farmers.
Farmers who own up to 2 hectares of cultivable land can apply.
The age to join should be between 18 and 40 years.
Both husband and wife can apply separately.
This means a family can get up to ₹6,000 per month as pension after the age of 60.
However, people who pay income tax or are already part of another pension scheme cannot join.
This scheme is mainly for farmers who depend only on agriculture.
Easy Registration Process
Joining this scheme is simple.
Farmers can visit their nearest Common Service Centre (CSC) with their Aadhaar card and bank passbook to register.
They can also apply online by uploading Aadhaar and land details if they are comfortable using a mobile phone.
The premium amount can also be linked to PM Kisan Samman Nidhi, so the payment gets deducted automatically.
After registration, farmers receive a unique pension card number as proof of their future benefits.
Benefit for Family Members
This scheme also supports the farmer’s family.
If the farmer passes away, the spouse will continue to receive 50% of the pension, which is ₹1,500 per month.
Overall, this scheme is a good step towards giving farmers financial security and peace of mind in their old age.
