Pradhan Mantri Kisan Maandhan Yojana (PMKMY) is a flagship program of Government of India. The scheme is aimed at providing assured pension of Rs.3000 per month after the age of 60 years. The scheme is applicable to only small and marginal farmers in the age group of 18-40 years. The names of farmers should appear in the land records of states / UTs as on 1st August 2019. Those having land of upto 2 hectares are eligible under this scheme.
Eligibility Requirements:
1) Aimed at small and marginal farmers
2) Beneficiaries can enter in the age between 18 to 40 years
3) The persons should have land upto 2 hectares as per land records of the concerned State / UT.
Following are not eligible:
1) SMFs covered under any other statuary social security schemes such as National Pension Scheme (NPS), Employees’ Fund Organization Scheme, Employees’ State Insurance Corporation scheme etc.
2) Farmers opted for Pradhan Mantri Shram Yogi Maandhan Yojana (PMSYMY) and Pradhan Mantri Vyapari Maandhan (PMVM) administered by the Ministry of Labour and Employment.
3) All institutional land holders, 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 etc.
4) Present or retired officers and employees of Central / State Government Ministries / Offices / Departments and their field units etc.
5) All Persons who paid Income Tax in last assessment year. Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practice.
Step by step procedure to apply online:
Step 1:
The Eligible SMFs desirous of joining the scheme shall visit 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.