Here is some great news for the farmers of PM Kisan Samman Nidhi Yojana. From now onwards, the farmers under this scheme will receive an additional Rs 3000 every month. Also, they don’t need to submit any document for the same. In other words, farmers under this scheme can now receive Rs 36,000 every year instead of Rs 6,000.
This new update will particularly benefit the beneficiaries of PM Kisan Samman Nidhi Yojana under PM Kisan Maandhan Yojana. Under this scheme, you can receive Rs 36,000 per year in 12 monthly installments of Rs 3,000 per month.
The PM Kisan Maandhan Yojana applies to farmers who are registered under Pradhan Mantri Kisan Samman Nidhi Yojana. According to this, registered farmers can receive Rs 36,000 per year in equal monthly installments post retirement.
When should you start investing in PM Kisan Samman Nidhi Yojana?
Under this scheme, farmers are required to invest for at least 20 years before they can reap the benefits. So, one can begin investing in the scheme at the age of 18 to secure their retirement.
Farmers aged 18 must deposit Rs 55 every month, while people over 30 need to invest Rs 110 per month. Those over 40 will have to contribute Rs 200 every month to receive benefits post retirement.
Who can register for PM Kisan Maandhan Yojana?
-Any farmer aged between 18 and 40 years.
-The farmer must have less than two hectares of cultivated land.
-There is no need for the farmer to submit additional documents to apply under the PM Kisan Maandhan Yojana.
ALSO READ: PM KISAN Scheme – 9th Instalment In August To Be Transferred Directly To Farmers