PM Kisan Mandhan Yojana 2024: Objective, Eligibility, Benefits, Documents, Apply Online and All Details

PM Kisan Mandhan Yojana: The government will pay pensions to all small and marginal farmers in our nation under the PM Kisan Mandhan Yojana so they can age comfortably. The Central Government launched this initiative on May 31, 2019. Small and marginal farmers in the nation would receive a pension of Rs 3,000 per month under the Pradhan Mantri Kisan Maandhan Yojana upon reaching the age of 60. Greetings, friends. In this post, we will give you all the details regarding this programme, including eligibility, applications, and supporting documentation.

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Pradhanmantri Kisan Mandhan Yojana 2024

An alternative name for this programme is the Farmer Pension Plan. Applications for the Farmer Pension Scheme 2024 must come from recipients who are between the ages of 18 and 40. Five crore small and marginal farmers will be covered by this programme by the central government by 2022. Additionally, recipients of the Kisan Mandhan Yojana who own cultivable land measuring two hectares or less would receive benefits. The beneficiary’s wife would receive Rs. 1500 per month under this scheme in the event that the beneficiary passes away for any cause.

Payment of Prime Minister Kisan Maandhan Yojana Premium

In addition, beneficiaries applying under the Kisan Pension Scheme will be required to pay a monthly fee. The premium for beneficiaries under the age of eighteen would be Rs. 55 per month, while the premium for beneficiaries over forty will be Rs. 200. He can only thereafter, at reaching the age of sixty, make use of this scheme’s benefits. A bank account that is connected to an Aadhar card is a requirement for beneficiaries of the PM Kisan Mandhan Yojana 2024. The beneficiary’s bank account will receive the cash paid to them directly under this plan.

Details of PM Kisan Mandhan Yojana 2024

Name of Scheme	Pradhan Mantri Kisan Maandhan Yojana
Started by	by central government
beneficiary	small and marginal farmers
Objective	small and marginal farmers
Application Process	Online
official website	https://maandhan.in/

Prime Minister Kisan Maandhan Yojana’s 2024 goal

The primary goal of this programme is to address the financial needs of small and marginal farmers in the country as they age by providing them with a pension of Rs. 3,000 per month once they turn 60. To empower landless farmers and enable the nation’s farmers to become self-sufficient in old age under Prime Minister Kisan Maandhan Yojana 2024. The goals of PM Kisan Mandhan Yojana are to strengthen and develop the farmers of the green nation while also giving them social security and securing their future. This is the plan’s objective.

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Key facts of Kisan Mandhan Yojana

• After the age of 60, small and marginal farmers will receive a pension from the central government under this system, which will be worth Rs 3,000 per month.
• The PM Kisan Maandhan Yojana 2024 is a voluntary, contributory pension plan available to all small and marginal farmers nationwide.
• to use this programme to serve 5 crore small and marginal farmers nationwide.
• The applicant’s age range for the Pradhan Mantri Kisan Maandhan Yojana 2024 scheme is 18 to 40 years old. Beneficiaries between the ages of 18 and 40 will be required to pay a monthly premium of Rs 55 to Rs 200 under this scheme.
• The nodal agency in this scheme is Life Insurance Corporation.

Eligibility Criteria for PM Kisan Maandhan Yojana 2024

• The applicant needs to be a resident of India permanently.
• For this initiative, only small and marginal farmers are qualified.
• The candidate’s age range should be 18 to 40 years old.
• Applicants for the Maandhan Yojana must be farmers with up to two hectares of cultivable land.

Benefits of PM Kisan Maandhan Yojana 2024

• The spouse of a qualified beneficiary may carry on the programme in the event of the beneficiary’s death by making regular contributions, interest payments, and the amount of the deceased beneficiary’s contributions.
• The spouse has the option to withdraw from the programme and get the amount generated by the savings bank interest rate or the pension fund, whichever is higher. After the beneficiary and his or her spouse passes away, this sum will be returned to the fund.
• If a qualifying subscriber passes away within the pension period, the spouse is the only one eligible to receive the family pension, which is 50% of the pension.
• The beneficiary receives a minimum pension of Rs. 3,000 per month upon turning 60.
• Those between the ages of 18 and 40 are eligible for the Pradhan Mantri Kisan Maandhan Yojana 2024. A monthly premium of between Rs. 55 and Rs. 200 will be required of beneficiaries in this age range.
• PM For small and marginal farmers nationwide, the Kisan Mandhan Yojana 2024 is a voluntary and contributory pension plan.

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What will happen if you leave PM Kisan Maandhan Yojana?

Within ten years of enrolling in the PM Kisan Maandhan Yojana, participants will receive their money back, plus interest at the savings bank rate. They receive their contributed funds plus interest from the pension fund or savings bank, whichever has the higher interest rate if they quit their job after ten years but before they become sixty.

When a regular contributor to PMKMY passes away, their spouse can continue the Maandhan programme either by continuing to make monthly donations or by splitting the subscriber’s contributions. The money donated, together with any interest accrued from the savings bank interest rate or pension fund, will be reimbursed upon the death of the subscriber or his spouse. The leftover sum will be credited back to the fund upon the subscriber’s and spouse’s deaths.

Documents required for PM Kisan Maandhan Yojana 2024

• Aadhar card
• PAN card
• Land documents (Khatauni, Khasri)
• identity card
• income certificate
• bank passbook
• mobile number
• passport size photo

How to apply offline for PM Kisan Maandhan Yojana 2024?

• Go to the Common Service Centre closest to you.
• Don’t forget to bring your land paperwork and certificate of annual income.
• Since the pension funds will be deposited into your bank account, please provide details about it.
• At the Common Service Centre, fill out the Pradhan Mantri Kisan Maandhan Yojana form.
• Along with the form, please send in photocopies of all required paperwork.
• The employees of the Common Service Centre will process your form and take care of the remaining documentation.
• You will receive a pension account number after finishing.

How to apply online for PM Kisan Maandhan Yojana 2024?

• Visit maandhan.in, the Pradhan Mantri Kisan Maandhan Yojana’s official website.
• Once on the website, navigate to the “Schemes” section on the home page. From there, select “PM-SYM” to view details on this scheme.
• On the homepage, there will be a “Click Here to Apply Now” button. Put a click on it.
• Click Proceed after entering your mobile number. On your mobile device, you will receive an OTP; enter it.
• The PMKMY dashboard will show up. For the PM Kisan Maandhan Yojana, see the online form.
• Please ensure that you have filled out the Kisan Maandhan Yojana online registration form completely.
• Submit the PM Kisan Maandhan Yojana Registration Form at this time.

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FAQs

Q. When will the instalment of PM Kisan Yojana 2024 come?

Ans: Kisan, PM e KYC 2024 The 16th instalment of the PM Kisan Samman Nidhi Yojana was published on February 28, 2024, as everyone is aware. The farmers have successfully received this instalment into their accounts, and they will soon receive the 17th instalment. awaiting the next release.

Q. Who can apply for Mandhan?

Ans: Workers in the unorganised sector who are between the ages of 18 and 40 may apply under this programme. The minimal pay required for an applicant to be eligible for the Shram Yogi Mandhan Yojana is ₹ 15000 or less. The applicant is not qualified to obtain pension plan benefits.

Q. How do you avail the benefits of Maandhan Yojana?

Ans: Farmer brothers must deposit between Rs. 55 and Rs. 200 per month to be eligible for the scheme’s advantages. Under the PM Kisan Mandhan Yojana, the farmer’s spouse is entitled to 50% of the pension in the event of the farmer’s brother’s death. Children will not be eligible for a family pension; it is only relevant to the husband.

@MAN