Pradhan Mantri Kisan Maandhan Yojana

Who can apply for PM-KMY

• Small and marginal farmers, men and women, with cultivable land of up to 2 hectares.
• Aged 18 to 40 years at enrolment.
• Name must appear in state/UT land records as on 1 August 2019.
• Not eligible: members of NPS, ESIC or EPFO schemes, or of PM Shram Yogi Maandhan or PM Laghu Vyapari Maandhan.
• Not eligible: current or former constitutional post holders, ministers, MPs, MLAs, MLCs, mayors and district panchayat chairpersons.
• Not eligible: serving or retired government, PSU and local body employees (MTS, Class IV and Group D staff are not excluded).
• Not eligible: people who paid income tax in the last assessment year, and registered doctors, engineers, lawyers, chartered accountants and architects.

PM-KMY benefits

• Minimum assured pension of ₹3,000 a month from age 60.
• You pay ₹55 to ₹200 a month until age 60, depending on your age when you join; the central government pays the same amount.
• If the pensioner dies, the spouse gets a family pension of ₹1,500 a month (if not already a PM-KMY beneficiary).
• If the subscriber dies before 60, the spouse can continue the contributions or exit under the withdrawal rules.

How to apply for PM-KMY

1. 1Go to your nearest Common Service Centre (CSC) with Aadhaar, bank account details and your mobile phone.
2. 2The Village Level Entrepreneur checks your details and registers you online; you sign an auto-debit mandate and pay the first contribution.
3. 3You receive a Pension Account Number and pension card.
4. 4Later contributions are auto-debited monthly, quarterly, four-monthly or half-yearly. PM-KISAN beneficiaries can choose to pay from their PM-KISAN money.

Documents needed for PM-KMY

• Aadhaar card
• Bank account details (savings account or PM-KISAN account)
• Mobile number for OTP

Where it applies

Every state and union territory. See what else applies near you