In another good news for the farmers who get Rs 6000 annually under the PM Kisan Samman Nidhi Yojana. Well, along with offering financial help to the farmers, the government has also started the pension facility PM Kisan Maandhan Yojana.
If you are an account holder in PM Kisan scheme, then you will not need any document. Your will be directly registered for PM Kisan Maandhan Scheme.
PM Kisan Samman Nidhi Yojana: Pension every month
It is easy for the farmers associated with PM Kisan Samman Nidhi Yojana to link to PM Maandhan Yojana. Because in the PM Maandhan scheme, the registration of farmers taking benefits of PM Kisan Samman scheme is done directly.
Farmers do not need to provide any kind of documents to get linked to it. Under the Maandhan scheme, after the age of 60, farmers will get Rs 3000 as pension every month. Significantly, small and marginal farmers of the country can even invest in the scheme.
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The age of the beneficiary investing should be 18-40 years. Also, only farmers with 2 hectares or less cultivable land can invest under this scheme. If the beneficiary dies due to any reason, then the pension received under the scheme will be given to the wife of the beneficiary. However, the pension amount will be half i.e. Rs 1,500.
How much money need to be invested?
In PM Kisan Maandhan Pension Scheme, you need to invest a minimum of Rs 55 and a maximum of Rs 200 every month. In this context, in a year, you will have to pay a maximum of Rs 2400 and a minimum of Rs 660.
Even if the maximum contribution of Rs 2400 is deducted out of Rs 6 thousand, Rs 3600 of the Samman Nidhi will be left in your account. And then at the age of 60, you will start getting the benefit of Rs 3,000 pension every month. Along with this, you will also get 3 installments of Rs 2000 annually.
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