Pradhan Mantri (PM) Kisan Samman Nidhi Yojana

PM Kisan Samman Nidhi Yojana is a GOI scheme that provides all farmer families with Rs. 6,000 yearly as income support, announced in the 2019 Interim Budget
PM Kisan Samman Nidhi Yojana
4 min
09-May-2025

Under the PM-KISAN scheme, eligible small and marginal farmers get Rs. 6,000 per year, paid in three equal instalments of Rs. 2,000 each. This amount is directly transferred to their bank accounts via the Direct Benefit Transfer (DBT) system, helping them cover farming costs and support their household income.

Fixed Deposit

  1. Trusted by over 5 lakh customers
  2. Fixed Deposits worth more than Rs. 50,000 crore booked
  3. Rated CRISIL AAA/STABLE and [ICRA]AAA(STABLE)
  4. Up to 0.35% p.a. extra interest offered for senior citizens
  5. Flexible interest payout options available - Monthly, Quarterly, Half-yearly, Annually or at Maturity

By proceeding, you agree to our Terms and Conditions

PM-Kisan Samman Nidhi latest updates

Installment Number

Release Date

20th Installment

June, 2025 (Expected)

19th Installment

February 24, 2025

18th Installment

October 5, 2024

17th Installment

June 18, 2024

16th Installment

February 28, 2024

15th Installment

November 15, 2023

14th Installment

July 27, 2023

13th Installment

February 27, 2023

12th Installment

October 17, 2022

11th Installment

June 1, 2022

10th Installment

January 1, 2022

9th Installment

August 10, 2021

8th Installment

May 14, 2021

7th Installment

December 25, 2020

6th Installment

August 9, 2020

5th Installment

June 25, 2020

4th Installment

April 4, 2020

3rd Installment

November 1, 2019

2nd Installment

May 2, 2019

1st Installment

February 24, 2019


PM-Kisan yojana details

Feature

Description

Type of scheme Central sector scheme

Eligibility

Small and marginal landholding families with cultivable land registered in their names

Annual support

Rs. 6,000

Installment amount

Rs. 2,000

Installment disbursement

April-July, August-November, and December-March

website

https://pmkisan.gov.in/

Helpline number

01124300606,155261

 

Objectives of PM Kisan Samman Nidhi Yojana

The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a government initiative aimed at providing financial support to 1 India's small and marginal farmers. This scheme aims to address the challenges faced by farmers due to economic disparities between urban and rural areas.

Objectives of the PM-KISAN scheme are:

  • Direct benefit transfer (DBT): The scheme utilises DBT to directly transfer financial assistance to farmers' bank accounts, ensuring transparency and efficiency.
  • Financial support: Eligible farmers receive an annual income support of Rs 6,000, disbursed in three equal installments of Rs 2,000 each.
  • Target beneficiaries: The scheme primarily targets small and marginal farmers, who form a significant portion of India's agricultural workforce.

By providing direct financial assistance, the PM-KISAN scheme aims to improve the economic condition of farmers, enhance agricultural productivity, and contribute to rural development.

History of Pradhan Mantri Kisan Samman Nidhi Yojana

In 2018, the Telangana government launched the Ryuthu Bandhu scheme. It aimed to provide fixed financial support to farmers twice a year to help with their agricultural investments. The scheme was widely appreciated for directly benefiting farmers.

Following its success, the Government of India introduced a similar scheme at the national level. The PM-Kisan Samman Nidhi Yojana was launched on December 1, 2018, to extend investment support to farmers across the country.

As per the government's initial announcement, Rs. 75,000 crore is allocated for this scheme every year.

Similarly, the government has launched various other schemes targeting the welfare of multiple sections of society. Some examples are the Pradhan Mantri Garib Kalyan Yojana, Pradhan Mantri Vaya Vandana Yojana, and the Pradhan Mantri Shram Yogi Maan-dhan.

Pro tip

Bajaj Finance offers attractive Fixed Deposit interest rates of up to 6.95% p.a. for non-senior citizens, and up to 7.30% p.a. for senior citizens, inclusive of an additional rate benefit of up to 0.35% p.a.

Features of PM Kisan Samman Nidhi Yojana

Schemes like the PM Kisan Samman Nidhi Yojana or the Pradhan Mantri Dhanlaxmi Yojna offer a level playing field to the marginalised sections of the society, wherein the aforementioned schemes target the well-being of the farmers and young girls in the country.

1. Financial support

The most important feature of this scheme is that it provides regular financial support to eligible farmers of Rs. 6,000 annually. To help them better manage their finances, this allowance is not disbursed all at once. Instead, the money is paid out in instalments of Rs. 2,000 at intervals of 4 months.

The farmers can utilise the funds for their well-being. There is no restriction on where the farmers can use the money. Therefore, there is no mandate that a beneficiary must use the funds for agriculture-related expenses.

2. Availability of loans

The PM Kisan Samman Nidhi Yojana also offers short-term loans to farmers, which they can avail of using their Kisan credit card. The farmers can avail of loans up to Rs. 3 lakh without offering any collateral. These loans are provided at a cheaper interest rate and give the beneficiaries flexible options for the repayment of the loan.

3. Identification of farmers

While the central government disburses funds to farmers, state or Union Territory governments are responsible for identifying eligible beneficiaries. Under the scheme, a family is defined as constituting a husband, wife, and minor children.

Also read: NPS Scheme

Benefits of Pradhan Mantri Kisan Samman Nidhi Yojana

The primary advantage of the scheme is the direct funds transfer, which eases the liquidity constraints of farmers. One of the marquee events related to the programme was when a sum of Rs. 18,000 crore was sent out to 9 crore farmers directly to their bank accounts on December 25, 2020.

Eligibility

All farmer families with cultivable land, irrespective of landholding size

Annual Support

Rs. 6,000

Installment Amount

Rs. 2,000

Installment Frequency

3 installments per year

Payment Periods

April-July, August-November, December-March


This happened in the presence of the Indian Prime Minister Narendra Modi.

Since the programme is carried out digitally, all the farmers’ records are registered on a digital medium, making the process of registration and funds transfer seamless. Digital record keeping has set a new milestone for government-initiated welfare schemes.

The programme also marks a gigantic step towards the modernisation of Indian agriculture, which has been plagued with old-age techniques and low pay-outs for years.

Application process for PM-Kisan yojana

Step 1: Ensure you have the following prerequisites ready:

  • Aadhaar Card
  • Landholding documents
  • Savings bank account details

Step 2: The VLE (Village Level Entrepreneur) will enter the farmer's registration information, including state, district, sub-district block, village, Aadhaar number, beneficiary name, category, bank details, Land Registration ID, and date of birth as per the Aadhaar card for verification.

Step 3: The VLE will input land details such as Survey/Kahta Number, Khasra Number, and land area as stated in the landholding documents.

Step 4: Upload the required supporting documents, including landholding papers, Aadhaar card, and bank passbook.

Step 5: Accept the self-declaration and save the application form.

Step 6: After saving the form, proceed to make the payment using the CSC ID.

Step 7: Verify the beneficiary status using the Aadhaar number.

PM Kisan Samman Nidhi eligibility criteria

To be eligible for the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a farmer must meet the following criteria:

  • Land Ownership: The farmer must own cultivable land.
  • Family Size: The family should consist of a husband, wife, and minor children.
  • Income Limit: The family's annual income should be below a certain threshold.

Ineligibility Criteria:

Individuals falling under the following categories are considered economically well-off and are, therefore, not eligible for benefits under this scheme:

  1. Institutional Landholders – All individuals or entities classified as institutional landholders are not eligible for benefits under this scheme.

  2. High-Ranking Government Officials – This includes both current and former holders of constitutional posts, such as Presidents, Governors, etc.

  3. Political Representatives – Former and present Ministers (Central/State), MPs (Lok Sabha/Rajya Sabha), MLAs/MLCs, Mayors of Municipal Corporations, and Chairpersons of District Panchayats are excluded.

  4. Government Employees – All serving or retired officers and staff from Central/State Governments, PSUs, autonomous bodies, and local bodies are ineligible. However, this does not apply to Multi-Tasking Staff (MTS), Class IV, or Group D employees.

  5. Retired Pensioners with Higher Income – Pensioners receiving a monthly pension of ₹10,000 or more are excluded, except those classified under MTS, Class IV, or Group D.

  6. Income Taxpayers – Individuals who paid income tax in the last assessment year are not eligible.

  7. Practicing Professionals – Doctors, engineers, lawyers, chartered accountants, and architects who are professionally registered and currently practicing are excluded.

  8. Families with Ineligible Members – If even one member of a farmer's family belongs to any of the above categories, the entire family becomes ineligible for the scheme.

Also read: What is Sukanya Samriddhi Yojana

Documents needed to register for the PM Kisan Samman Nidhi Yojana

To apply as a beneficiary under the PM Kisan Samman Nidhi Yojana, individuals must submit the following documents:

  • Aadhaar Card
  • Proof of citizenship
  • Documents verifying land ownership
  • Bank account details

For online registration, scanned copies of these documents are required.

Note: Possessing an Aadhaar Card is mandatory to receive benefits under the PM-Kisan scheme. Farmers without an Aadhaar Card are not eligible to register or enroll as beneficiaries in this scheme.

Who is excluded from PM Kisan Samman Nidhi Yojana?

While the PM Kisan Samman Nidhi Yojana (PMKSNY) aims to support small and marginal farmers, certain categories are excluded from receiving its benefits:

  1. Institutional Landholders
    Any individual or entity classified as an institutional landholder is automatically disqualified from availing benefits under this scheme.

  2. Farmer Families with High-Earning or Designated Members
    If any member of a farmer’s family falls under the categories below, the entire family becomes ineligible:

  • Current or former holders of constitutional posts.

  • Serving or retired government employees/officers from any Central or State Ministry, department, or field unit.

  • Employees of Central/State Public Sector Undertakings (PSUs) or autonomous government bodies.

  • Regular staff of local government bodies (excluding Group D/Class IV/MTS staff).

  • Serving or former Members of Parliament (Lok Sabha or Rajya Sabha) and State Legislatures (MLAs or MLCs).

  • Current or former Ministers from the Centre or States.

  • Present or past Mayors of Municipal Corporations and Chairpersons of District Panchayats.

  1. Income Taxpayers
    Individuals or families who paid income tax in the previous Assessment Year are not eligible for the scheme.

  2. High-Income Pensioners
    Pensioners receiving ₹10,000 or more per month are excluded—except those who fall under Group D, Class IV, or Multi-Tasking Staff categories.

  3. Practicing Professionals
    Families with members who are registered and practicing professionals—such as doctors, engineers, chartered accountants, lawyers, or architects—are not eligible under the PMKSNY.

Conclusion

The Pradhan Mantri Kisan Samman Nidhi Yojana represents a pivotal step towards addressing the financial struggles of small and marginal farmers in India. By providing regular financial assistance, facilitating access to loans, and leveraging digital platforms for efficient implementation, the scheme not only eases liquidity constraints but also promotes agricultural modernisation. With its direct fund transfers and extensive coverage, PM Kisan Samman Nidhi Yojana embodies the government's commitment to inclusive growth and the welfare of millions of farmers, marking a significant milestone in uplifting rural livelihoods and enhancing the nation's agrarian economy.

If you are looking for safe investment option, then you can consider investing in Bajaj Finance Fixed Deposit. With a top-tier AAA rating from financial agencies like CRISIL and ICRA, they offer one of the highest returns, up to 7.30% p.a.

Calculate your expected investment returns with the help of our investment calculators

Investment Calculator

FD Calculator

Sukanya Samriddhi Yojana Calculator

PPF Calculator

Recurring Deposit Calculator

Provident Fund Calculator

Gratuity Calculator

Frequently asked questions

How can I check my PM Kisan update?

The status of your PM Kisan can be easily checked by going to the official PM Kisan website and clicking on the ‘e-KYC’ icon under ‘Farmers Corner’. Here, enter your Aadhaar number and click on search. After this, you will be prompted to enter your phone number, followed by the OTP. Once the OTP is entered, the status of the KYC will reflect on the screen.

How do I check if Kisan is registered?

To check if a Kisan is registered, you can navigate to the official PM Kisan website and tap on ‘Know Your Status’ under ‘Farmers Corner’. On the new page, click on ‘Know Your Registration Number’. Afterwards, enter your Aadhaar details, phone number and OTP as directed. Once done, the details of your registration status should appear on the screen.

What is the age limit for PM Kisan farmer?

It is primarily designed for small and marginal farmers who are actively engaged in agriculture, typically falling within the age range of 18-40 years.

Can I register myself for PM Kisan?

While farmers can initiate the registration process through the Kisan Call Center, the final registration is done by Kisan Call Center agents who record the farmer's details in the Kisan Knowledge Management System (KKMS).

Is PM-KISAN 17th instalment credited?

The 17th instalment of the PM-Kisan scheme was released in June 2024, with the government distributing around Rs. 20,000 crore to benefit 9.3 crore farmers.

Is PM KISAN 18th instalment credited?

According to pmkisan.gov.in, the PM Kisan 18th Installment is already released on October 5, 2024 (Saturday).

How to apply for PM 6000 RS for farmers?

To apply for the PM-KISAN scheme and receive Rs. 6,000 annually, eligible farmers can register on the official PM-KISAN portal or visit their nearest Common Service Center (CSC) with required documents like Aadhaar, bank account details, and land records.

How do you know if PM Kisan money is credited?

To check if your PM-Kisan money is credited, visit the official PM-Kisan portal and use the "Beneficiary Status" option. Enter your Aadhaar or mobile number to view the status of your payment and confirm whether it has been credited.

How to get PM Kisan amount?

Eligible farmers under the PM-Kisan scheme receive Rs. 6,000 annually in three installments of Rs. 2,000 each. The amount is directly credited to their bank accounts. To receive the amount, farmers must ensure their registration and Aadhaar-linked bank details are correct.

Can we apply for PM-Kisan online?

Yes, farmers can apply for the PM-Kisan scheme online by visiting the official PM-Kisan portal. They need to provide essential details such as Aadhaar number, bank account information, and land records to complete the registration process.

How can I check my village list in PM-Kisan?

To check the PM-Kisan village list, visit the official PM-Kisan portal. Under the "Farmer’s Corner" section, click on "Beneficiary List," select your state, district, sub-district, and village to view the list of beneficiaries.

What is the 18th installment of PM Kisan 2024 list?

The 18th installment of the PM-KISAN scheme was released on October 5, 2024. Over 9.4 crore farmers received Rs. 2,000 each, totaling a disbursement of Rs. 20,000 crore.

What does the 18th installment signify?

The 18th installment marks a significant milestone for PM Kisan, with the total disbursement exceeding Rs. 3.45 lakh crore and supporting over 11 crore farmers across India. This reinforces the government's commitment to rural development and agricultural growth.

What is the PM-Kisan payment?

The PM-Kisan payment is an annual financial aid of Rs. 6,000 provided by the government to eligible small and marginal farmers. It's paid in three installments of Rs. 2,000 every four months directly into Aadhaar-linked bank accounts.

How can I check my PM Kisan status on mobile?

You can check your PM Kisan status on mobile by visiting the PM Kisan website.Under "Farmer's Corner," click on "Beneficiary Status." Enter your Aadhaar number, mobile number, or bank account number to see your registration details and payment history.

Who is eligible for PM Kisan?

Small and marginal farmers owning cultivable land (usually up to 2 hectares) can apply, subject to meeting specific income criteria. This ensures aid reaches those who need it most.

How do I check my PM Kisan beneficiary status?

Visit the PM Kisan website and go to "Beneficiary Status" under "Farmer's Corner." Enter your Aadhaar number, mobile number, or bank account number to see if you're registered and track your payment history.

What is the PM Kisan installment 2025?

The 19th instalment of the PM-Kisan Samman Nidhi Yojana is expected to be credited soon to the accounts of eligible farmers. Prime Minister Modi is scheduled to release Rs. 2,000 to each beneficiary on February 24, 2025.

How can I update my KYC details in the PM-Kisan scheme?

To update your KYC for PM-Kisan, visit pmkisan.gov.in, navigate to the 'Farmer's Corner,' and select 'e-KYC.' Enter your Aadhaar number, verify with the OTP sent to your registered mobile, and submit. Alternatively, complete biometric e-KYC at your nearest Common Service Centre (CSC).

How do I apply online for the Rs. 2,000 instalment under PM-Kisan?

To apply for the PM-Kisan scheme, go to pmkisan.gov.in, click on 'New Farmer Registration' in the 'Farmer's Corner,' and fill in your Aadhaar number, bank details, and land records. After verification, you'll receive Rs. 6,000 annually in three installments of Rs. 2,000 each.

How to find PM Kisan Registration Number

You can easily find your PM-KISAN Registration Number by following these steps:

  1. Visit the official PM-KISAN website at pmkisan.gov.in.
  2. Go to the "Farmer's Corner" section on the homepage.
  3. Click on "Know Your Status" to access your registration details and check your instalment status.

This process helps you recover your registration number and stay updated on your PM-KISAN payments.

What is the 19th Installment of PM Kisan?

On February 24, 2025, Prime Minister Shri Narendra Modi released the 19th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Bhagalpur, Bihar. The installment, totaling over Rs. 22,000 crore, benefits approximately 9.8 crore farmers.

When is the 19th Installment of Kisan Samman Nidhi in 2025?

The 19th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was released by Prime Minister Shri Narendra Modi on February 24, 2025, in Bhagalpur, Bihar.

What is the 19th Installment of PM-KISAN?

On 24th February 2025, Prime Minister Shri Narendra Modi released the 19th installment of the PM-KISAN scheme from Bhagalpur, Bihar. Over Rs. 22,000 crore was transferred to the bank accounts of 9.8 crore eligible farmers as part of this installment.

What is the 20th Installment of PM-KISAN?

The 20th installment of the PM-KISAN scheme is scheduled to be released in May or June 2025. More than 9 crore farmers are expected to benefit. However, only those who have completed e-KYC verification will be eligible to receive the funds.

Is PM-KISAN a Subsidy?

Yes, PM-KISAN is a government subsidy scheme aimed at supporting small and marginal farmers. Under this Direct Benefit Transfer (DBT) initiative, the government provides Rs. 6,000 annually, distributed in three equal installments, directly into farmers’ bank accounts to help cover agricultural and household expenses.

Show More Show Less

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.