PM Kisan Mandhan Scheme 2024: Check Eligibility, Benefits, Apply Online Process Here

PM Kisan Mandhan Scheme 2024: The central government of India is offering a pension scheme of 3000 rupees per month for farmers across the country through the PM Kisan Mandhan Scheme 2024. The scheme is very beneficial for those who do not have a regular source of income and are not able to save money for their future after turning 60. So if you also wish to get a free pension from the Government of India after retirement or after the age of 60 then you can apply for the PM Kisan Mandhan Scheme 2024. You can check the PM Kisan Mandhan Scheme 2024 eligibility criteria and important documentation that will help you apply online for the PM Kisan Manthan Scheme 2024.

Pradhanmantri Kisan Mandhan Scheme is launched for Small and marginal farmers in India. The scheme will offer 3000 per month for each beneficiary after the age of 60. Any citizen in India who is engaged in farming activities and wants to get the benefit of the PM Kisan Mandhan Scheme 2024 pension then they can apply after the age of 18. The applicant has to submit the monthly contribution in their bank account of PM Kisan Mandhan Scheme 2024 and after that, the amount will be provided to the beneficiary after the age of 60. You have to pay only a minimum of 55 rupees per month to get a 3000 Rupees per month pension.

PM Kisan Mandhan Scheme 2024

The Government of India has started this PM Kisan Mandhan Scheme 2024 to help every small and marginal farmer of the country and live a proper life in old age. This PM Kisan Mandhan Scheme 2024 was launched by the central government on 31 May 2019 to provide pension to the small and marginal farmers of the country.

Every small and marginal area people located in India who is making a living as a farmer between the age of 18 to 40 years can apply for this Pradhan Mantri Kisan Mandhan Yojana 2024 of the Government of India. The application amount may vary according to the age.

PM Kisan Mandhan Scheme 2024: An Overview

Name of SchemePM Kisan Mandhan Scheme 2024
Started ByCentral Government
BeneficiarySmall and marginal farmers
ObjectivesPension to Farmers
Mode of ApplyOnline
Official WebsiteCLICK HERE

Benefits of PM Kisan Mandhan Scheme 2024 

  • The PM Kisan Mandhan Scheme 2024 will help small farmers to get a pension of a minimum of 3000 rupees per month after getting the age of retirement of 60 years. 
  • Eligible beneficiaries have to pay monthly contributions in their pension account till the age of 60 so the amount will be refunded in the bank account as a pension after retirement.
  • In case the pensioner dies so 50% of the pension amount will be provided to the spouse of the applicant as a family pension scheme.
  • However, if any individual does not want to continue in the monthly contribution in this scheme then they can withdraw from the scheme at any time where you will not only receive your call for the contribution but will also receive the interest rates on your amount and it will be transferred to the bank account of the beneficiary.
  • If you withdraw the PM Kisan Mandhan Scheme 2024 after 10 years of starting the scheme then you will also receive the market fund value of the amount along with the interest rates and your submitted amount.

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PM Kisan Mandhan Scheme 2024 Eligibility

  • Indian citizens who are aligned with farming activities are only eligible to get the PM Kisan Mandhan Scheme 2024.
  • The age of the applicant should be between 18 years to 40 years and at the time of starting the scheme however you have to pay the amount Till the age of 60.
  • The farmer should have a maximum of 2 hectares of land for harvesting in the land record of the State government or UT.
  • The farmer should not be aligned with any other Centre or state-sponsored pension scheme including Pradhan Mantri Shram Yogi Mandhan scheme, Pradhanmantri Vyapari Maandhan, National pension scheme, EFO, etc.
  • Any employee of the Central Government or state government or retired employee of these governments cannot apply for this scheme.
  • It is also important for applicants that they should not be taxpayers or that their family’s annual income should not be more than 2.5 lacks in the old tax regime.

Important documents for PM Kisan Mandhan Yojana 2024

The applicant who want to get Pradhanmantri Kisan Mandhan scheme pension 2024 have to carry Aadhar card, pan card, bank account details and passport size photograph for registration in this scheme.

Apply online for PM Kisan Mandhan Scheme 2024

If you want to apply online for Pradhan Mantri Kisan Mandhan Yojana, then carefully follow the steps given below.

Step 1: To visit the official website, first of all you have to reach the official website by entering this link https://pmkmy.gov.in/.

PM Kisan Mandhan Scheme 2024
PM Kisan Mandhan Scheme 2024: Check Eligibility, Benefits, Apply Online Process Here 4

Step 2: After coming to the homepage of the official website, you have to click on the Click Here to Apply Now option at the bottom right.

Step 3: After coming to the next page, now you have to enter your mobile number and click on the PROCEED option. Then fill the captcha code properly and click on the Generate OTP option. After this you have to fill the OTP received on your mobile number in the specified place and click on the PROCEED option.

Step 4: Now you have to click on the Enrollment option and click on Pradhan Mantri Kisan Mandhan Yojana.

Step 5: After coming to the next page, you have to enter your Aadhaar number, then after giving a tick mark in the empty box, now you can fill your application form according to the Aadhaar number by clicking on the Fetch Details option. You can also fill the application form given below in your own handwriting.

Step 6: After filling the application form correctly, now you have to tick the Declaration option and click on the Submit option.

Step 7: After clicking on the Submit option, you will see the option to fill the account details. There you have to fill your IFSC code, bank name, account type, account number properly.

Step 8: After filling the bank details, now you have to fill the nominee details properly.

Step 9: Now you want to make your contribution every month or every three months or every six months or once a year, after choosing that option, you have to click on the Declaration option. Then you have to submit the application by clicking on the Submit & Proceed option.

Step 10: Now after coming to the next page, you will see a form by clicking on the Print Mandate Form option. After downloading that form, you have to sign on that form. Then you have to upload the signed application form. So you can successfully apply for this scheme.

Monthly contribution in PM Kisan Mandhan Scheme 2024 

The contribution will be decided according to the age of the applicant. As much you contribute in the PM Kisan Mandhan scheme, the government will also contribute same amount monthly in your pension account. So it will be eligible you to receive approximately 3000 per month after the age of 60. The minimum contribution is 55 per month and the maximum contribution is 200 rupees per month. If the age of applicant is 18 years then they have to pay 55 rupees per month up to the age of 60.

However if the applicants age is 40 (it is maximum age) then they have to pay Rs 200 per month for next 20 years to get eligible of getting monthly pension. However you can also check the following table where you can check age wise PM Kisan Mandhan Scheme 2024 contribution.

AgeMember’s monthly contribution (Rs)Central Govt’s monthly contribution (Rs)Total monthly contribution 
1855.0055.00110.00
1958.0058.00116.00
2061.0061.00122.00
2164.0064.00128.00
2268.0068.00136.00
2372.0072.00144.00
2476.0076.00152.00
2580.0080.00160.00
2685.0085.00170.00
2790.0090.00180.00
2895.0095.00190.00
29100.00100.00200.00
30105.00105.00210.00
31110.00110.00220.00
32120.00120.00240.00
33130.00130.00260.00
34140.00140.00280.00
35150.00150.00300.00
36160.00160.00320.00
37170.00170.00340.00
38180.00180.00360.00
39190.00190.00380.00
40200.00200.00400.00
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  • Hamid

    Hamid is author at BhartiAxagi. He is writing since 2020. He is preparing for Banks exams and has keen interest in knowing Finance news and latest information.

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