PM Kisan Maandhan Yojana

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Quick Summary

About the Scheme

High-Value Insider Info: Auto-Debit Tricks & The Exit Trap

1. The PM-KISAN Auto-Debit Hack: Most farmers forget to pay their monthly PM-KMY premiums and their accounts get frozen. If you are already receiving the ₹6,000/year under the PM-KISAN scheme, you can sign a mandate form. The government will automatically deduct your PM-KMY premium directly from your PM-KISAN installment. You never have to worry about missing a payment.
2. The Exit Trap (Hidden Rule): If you decide you don't want the pension anymore, you can exit the scheme after 5 years. LIC will refund your money with savings bank interest. However, you will permanently lose the government's 50% matching contribution. The government takes its share back.
3. The 50% Spouse Rule: If the farmer dies after age 60, the spouse will receive exactly 50% of the pension (₹1,500/month). No other family member (like a son or daughter) is eligible for this family pension.

Eligibility Criteria

• Small and Marginal Farmers holding cultivable land up to 2 hectares.
• Age must be between 18 and 40 years.
• Exclusion: You are completely ineligible if you are an income tax payer, hold a constitutional post, or are already covered under NPS, ESIC, or EPFO.

Exact Navigation Path: How to Apply

1. Self-enrollment can be done at maandhan.in.
2. However, the most reliable method for rural farmers is to visit the nearest Common Service Centre (CSC).
3. Take your Aadhaar Card, Savings Bank Passbook, and Khasra/Khatauni (land records).
4. Pay the first month's premium in cash to the Village Level Entrepreneur (VLE) at the CSC. The VLE will generate your unique PM-KMY Pension Card instantly.

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