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Ministry of Agriculture

PM Fasal Bima: crop insurance at just 1.5-2% premium

1.5-2% premium

Added today

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Check the terms on the official site before you sign up.

Quick facts

Discount1.5-2% premium
RegionIndia
ExpiryOngoing
CategoryFarmers

Overview

Protect your crop against drought, flood, pests and disasters: farmers pay only 2% (kharif), 1.5% (rabi) or 5% (commercial/horticulture) of the sum insured; the government pays the rest.

Who can claim

Who is eligible

All farmers growing notified crops in notified areas, including tenants and sharecroppers.

How to claim

  1. 1
    Enrol via your bank, CSC, insurance agent or pmfby.gov.in before the cut-off date.
  2. 2
    Submit land records and sowing details.
  3. 3
    Report crop loss within 72 hours via the Crop Insurance App/helpline.

What you get

Kharif premium 2%, Rabi 1.5%
Covers sowing to post-harvest losses
Claims paid to bank account

Important terms

“Enrol before the seasonal deadline in your state. Information only — scheme rules, amounts and dates can change. Confirm on the official government portal before applying. Never pay agents.”

Region: India
Ongoing
Farmers

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