PMFBY: Easiest Way To Withdraw Crop Insurance Premium

PMFBY: This is the easiest way to withdraw the crop insurance premium, the last date is on 31st July. Now you have only two days left to join the Prime Minister Crop Insurance Scheme (PMFBY-Pradhan Mantri Fasal Bima Yojana). July 31 is its last date and after that, you will not be able to get insurance even if you want.

Farmers usually do not understand how much money they will get the benefit of insurance. So today we are telling you an easy way to know premium. The farmer has to pay only 1.5 to 2 percent of the total premium on most crops. The premium for certain commercial crops is fixed at 5 percent. The central and state governments give the remaining money.

The premium amount varies from state to state. Like different in UP and different in Haryana. The insurance amount is different for every crop. The premium amount is decided on the report of the District Technical Committee. In this committee, the District Collector, District Agriculture Officer, Meteorological Department officials, Farmers’ Representatives, and people from Insurance Companies (Insurance companies) are included.

This report is sent before every crop season. After this, the insurance companies decide the premium based on the report.
If your house is in Gorakhpur in UP, then the farmer will have to pay a premium of Rs 1319.32 on a paddy crop in 1 hectare. The rest of your money will be given 7836.76 by the central and state governments. At this premium, your one-hectare paddy will have insurance of Rs 65,966. If a farmer in Faridabad in Haryana gets crop insurance of the same amount, then 1680.3 rupees will have to be paid. While the insurance will be Rs 84,015.
How to remove premium

For this, you must first go to https://pmfby.gov.in/.

– Here you will see the column of insurance premium calculator.

– On opening it, you will see six columns.

– It will fill the column of the season, year, scheme, state, district, and crop.

After this, we will press the button of Calculate. Then the premium will come out.

Major changes in PM crop insurance

Under the crop insurance scheme, farmers have to get insurance within ten days of sowing the crop.

If the crop is damaged due to flood, rain, hail, or any other natural disaster, the farmer is given the benefit of insurance.

– If the crop gets spoiled due to rain or any other reason till 14 days after harvest, then insurance money will be available.

In the case of crop failure, the farmer informs the insurance company. If the crop is damaged then the insurance companies conduct the survey through their representatives.

If the farmer is unable to contact the insurance company, then the farmer can inform the bank or the officer nearest to him.

– Insurance has been made voluntarily for those taking Agri loans.
Where will be the insurance?

If you want to fill the offline form in the Prime Minister Crop Insurance Scheme, then go to the nearest bank.

-Online can also be filled. You can visit the scheme’s website to fill the form online.
Which documents are needed?

-A photo ID of the farmer

– Farmer’s address proof

– If the account is your own, its Khasra number/account number paper.

– Proof of the crop has been sown in the field. As proof of this, farmers can write a letter to people like Patwari, Sarpanch, Pradhan.

If the crop has been sown on rent or on rent, then photocopy of the agreement with the owner of the farm.

In the event of crop damage, a canceled check is necessary to get the money directly into your bank account.