How to Apply for PMFBY? Check Step-by-Step Registration Process

Pradhan Mantri Fasal Bima Yojna (PMFBY) was introduced on 18 February 2016 by Prime Minister Narendra Modi. PM Fasal Bima Yojana provides a comprehensive insurance cover against failure of the crop thus helping in stabilizing the income of farmers.

Objectives of PMFBY

The objective of Pradhan Mantri Fasal Bima Yojana are;

• To provide insurance coverage & financial support to the farmers in the event of failure of any of the notified crops as a result of natural calamities, pests, and diseases

• To stabilize farmers’ income to ensure their continuance in farm activities

• To encourage them to adopt innovative & modern agricultural practices

• To ensure the flow of credit to the agriculture sector

What crops are covered under PMFBY?

• Food crops (Cereals, Millets and Pulses)

• Oilseeds

• Annual Commercial / Annual Horticultural crops

Documents needed for PMFBY registration

Important documents required for PMFBY are as follow;

• Identity proof of the farmer such as PAN card, driving license, voter ID card, passport, Aadhaar card.

• Address proof like driving license, voter ID card, passport or Aadhaar card

• Photo copy of field Khasra number / account number is required.

• Proof of sowing of crop in the field.

• A cancelled cheque is required along with all the papers.

How to apply for PM Fasal Bima Yojana

Follow the steps given below to apply for PM fasal bima yojana;

• Go to the official website of PMFBY 

• Click on Farmers corner on the homepage

• Now Login with your Mobile number and if you don’t have an Account then Login as Guest Farmer

• Enter all required details such as name, address, age, state etc.

• Finally, click the submit button.

Click to apply

Companies that provide Pradhan Mantri Fasal Bima Yojana

• Bajaj Allianz

• SBI General Insurance

• United India Insurance Co.

• Agriculture Insurance Company

• Reliance General Insurance Co. Ltd.

• HDFC ERGO General Insurance Co. Ltd.

• IFFCO Tokio General Insurance Co. Ltd.

• ICICI Lombard General Insurance Co. Ltd.

• Tata AIG General Insurance Co. Ltd.

For details regarding the scheme, you can contact the abovementioned companies also.

Points to remember

• You have to take the insurance policy within 10 days of sowing the crop.

• PMFBY covers the losses incurred within 14 days of harvesting.

• It will be beneficial only in the event of loss due to a natural disaster.

• In case of crop loss, immediately inform your bank.