📞 022 4302 0000contact@takemyinsurance.com
Register|LoginJoin us as POSP
AboutPremium StructureCoverageEligibilityClaim FormulaTechnology2025 UpdatesPMFBY vs RWBCISExclusionsClaim ProcessFAQsEnrollMore ▼Page Progress  0%
🌾⚖️ Crop Insurance· PMFBY· Govt Flagship Scheme· the insurer· 1st Crop Product

India's Largest Crop Insurance Scheme — World's #1 by Farmer Enrolment — Kharif 2%· Rabi 1.5%· Commercial 5% Farmer Premium — From Pre-Sowing to Post-Harvest — Direct DBT to Bank Account —
Pradhan Mantri Fasal Bima Yojana (PMFBY), the insurer

The Government of India's flagship crop insurance scheme — implemented by the insurer as an empanelled partner. 78.4 crore farmers insured since 2016. ₹1.83 lakh crore in claims paid. Covers drought, flood, hailstorm, pest, disease, post-harvest loss and more. Farmer pays only 2% (Kharif) or 1.5% (Rabi). Government pays 95–98.5% of actuarial premium. Claims paid directly to your Aadhaar-linked bank account.

✅ World's Largest Crop Insurance by Enrolment✅ Kharif 2%· Rabi 1.5%· Commercial 5%✅ Pre-Sowing to Post-Harvest Coverage✅ 78.4 Cr Farmers· ₹1.83L Cr Claims Paid✅ Direct DBT to Bank Account (Digi-Claim)✅ 12% Penalty if Insurer Delays Payment
Crop Insurance Category· Launched Feb 18, 2016· One Nation One Scheme One Premium· Voluntary for All Farmers since Kharif 2020· Budget 2025-26: ₹12,242 Cr  |  IRDAI Licensed Broker — Lic. No. 528
PMFBY
🌾PMFBY· World's Largest Crop Insurance by Enrolment
💰₹1.83 Lakh Crore· Claims Paid since 2016
🛰️YES-TECH + Digi-Claim· Satellite + Direct DBT
📞PMFBY Enrollment 022 4302 0000
An IRDAI Licensed Insurance Broker

the insurer Crop· 1st Crop Product· Govt Flagship· One Nation One Scheme One Premium

What is Pradhan Mantri Fasal Bima Yojana (PMFBY)?

PMFBY is India's flagship crop insurance scheme — launched February 18, 2016 — under the "One Nation, One Scheme, One Premium" motto. It replaced three older schemes (MNAIS, WBCIS, NAIS) and is administered by the Ministry of Agriculture. the insurer is one of 18 empanelled implementing insurance companies. As of June 2025: 78.4 crore farmer applications insured, ₹1.83 lakh crore in claims disbursed.

78.4 Cr

Farmer applications insured since 2016 inception — PIB June 2025

₹1.83L Cr

Total claims paid to farmers since inception — PIB June 2025

World #1

Largest crop insurance scheme by farmer enrolment — IBEF 2023

Real Farmer Story — PIB Press Release Confirmed· Kerala

🌾 Shri Lal Krishnesh — "PMFBY Paid Me 9× My Premium"

"He invested ₹20,000 in PMFBY. In 2022, heavy rains ruined his entire crop. He was heartbroken. But he had made one smart decision — he chose to secure his farm by investing in PMFBY. PMFBY paid him 9 times his premium. This helped him recover and continue farming. In 2023, the weather played spoilsport again. His banana and areca nut crops were damaged. But once again, PMFBY came to his rescue. He received 6.6 times his premium."

2022: 9× premium returned· 2023: 6.6× premium returned· Direct DBT to bank account
📋

Confirmed from IBEF (July 2025) + PIB (June 2025) + pmfby.gov.in

  • Three schemes replaced:Modified National Agricultural Insurance Scheme (MNAIS), Weather-based Crop Insurance Scheme (WBCIS), and National Agricultural Insurance Scheme (NAIS) — all merged into PMFBY with their best features and removal of shortcomings.
  • Scale (IBEF July 2025):"As of 2023, the PMFBY is deemed to be the largest crop insurance scheme in the world in terms of farmer enrolments; and the third-largest scheme in terms of insurance premiums." 2024-25: 1,510 lakh farmer applications, up from 371 lakh in 2014-15. Non-loanee applications: 522 lakh vs 20 lakh in 2014-15.
  • Continuation approved (January 2025):"The Union Cabinet in January 2025 approved the continuation of Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26 with a total budget of ₹69,515.71 crore." Budget 2025-26 allocation: ₹12,242 crore.
  • Women farmers:"In Kharif 2025, women accounted for 15% of insured farmers, while small farmers represented nearly 64% of total beneficiaries." — IBEF July 2025.
Key Features
💰

Subsidised Farmer Premium

Farmer pays maximum 2% (Kharif), 1.5% (Rabi), or 5% (Commercial). Government pays 95–98.5% of actuarial premium — 50:50 between Centre and State. "One Nation, One Crop, One Premium" — uniform across India.

Govt pays 95–98.5%
🌾

Complete Crop Cycle Coverage

Pre-sowing (prevented sowing) through post-harvest (14 days). Standing crop loss, localised calamities, mid-season adversity. No crop stage left unprotected. New 2025 add-on: wild animal damage at State's cost.

Pre-Sow → Post-Harvest
📱

Direct DBT — Digi-Claim

Claims paid directly to farmer's Aadhaar-linked bank account via the Digi-Claim system. "₹18,596.64 was transferred directly to Ajay's account via the Digi-Claim system." No intermediary delays.

Aadhaar-Linked DBT
🛰️

YES-TECH Satellite Assessment

"YES-Tech uses satellite imagery to assess yields, reducing disputes and ensuring timely payouts." Gradual migration from crop cutting experiments to remote sensing. Madhya Pradesh: India's first 100% tech-based assessment state.

Satellite + Drone

12% Penalty for Delay

"From Kharif 2024, if there is a delay in claim payment, a 12% penalty is automatically added." The only crop insurance scheme with an automatic penalty protecting farmers against delayed settlement.

Automatic Penalty
🤝

Sharecroppers + Tenant Farmers

"All farmers including sharecroppers and tenant farmers growing the notified crops in the notified areas are eligible." Coverage extended to those who farm land they don't own — the first the insurer product to explicitly include non-owners.

All Farmers Eligible

One Nation· One Crop· One Premium· Kharif 2%· Rabi 1.5%· Commercial 5%

Premium Structure — The 1-2-5 Rule

"The maximum premium payable by the farmer will be 2% for the Kharif food and oilseed crops. For Rabi food and oilseeds crop, it is 1.5% and for yearly commercial or horticultural crops it will be 5%. The remaining premium is paid by State and Central Governments on a 50:50 basis." Farmer's actual premium is only a tiny fraction of the actual actuarial premium charged to insurers.

Kharif Season

🌾 Farmer Pays: 2%

Crops: Rice, Sorghum, Maize, Cotton, Groundnut, Arhar, Moong, Urad, Bajra, Jowar

State Govt: 49% | Central Govt: 49%
Farmer's share: just 2% of sum insured

Example: ₹50,000 crop value → Farmer pays ₹1,000 → Govt pays ₹9,000 → Full ₹50,000 protected
Government pays 98%
Rabi Season

🌽 Farmer Pays: 1.5%

Crops: Wheat, Barley, Gram, Masur, Mustard, Rapeseed, Linseed, Sunflower

State Govt: 49.25% | Central Govt: 49.25%
Farmer's share: just 1.5% of sum insured

Lowest farmer premium in any Indian insurance product — 98.5% paid by Government
Government pays 98.5%
Annual Commercial & Horticultural

🍅 Farmer Pays: 5%

Crops: Cotton, Potato, Onion, Tomato, Banana, Areca Nut, Sugarcane, Ginger, Turmeric

State Govt: 47.5% | Central Govt: 47.5%
Higher-value crops with higher actuarial risk — still 95% Govt subsidised

Premium is tax-free for farmers
Government pays up to 95%

🌾 PMFBY Premium Calculator

Enter your crop type and sum insured to see exactly what you pay vs what the Government pays. The sum insured is based on the Scale of Finance (SoF) for your crop in your district — check with your agriculture department or bank.

⚠️ Calculator shows maximum farmer premium at 2%/1.5%/5% of sum insured. Actual actuarial premium charged to insurer is higher — Govt pays the difference. Sum insured is based on Scale of Finance notified by DLTC for your crop. Contact your bank, agriculture department, or Probitas (022 4302 0000) for exact sum insured for your crop and district.

💡

Centre-State Premium Separation — New Reform

  • The reform:"The Central Government's premium subsidy has been separated from the State share. This allows farmers to receive the Central share of the claim without waiting for State funds." Previously, if a State delayed their premium share, the entire claim was held up. Now, Central Government's share can be released independently.
  • Escrow account (Kharif 2025):"Opening of ESCROW Account by the State Government concerned for deposit of their premium share in advance as per provisions of the scheme has been made mandatory w.e.f. Kharif 2025 season." — PIB (Feb 2026) confirmed. States must deposit their premium share BEFORE the season begins — preventing post-season delays.
  • GST exemption:PMFBY premiums are exempt from GST for farmers. The government-subsidised nature of the scheme makes it entirely tax-free at the farmer's end.

Pre-Sowing· Standing Crop· Post-Harvest· Localised· Mid-Season· Wild Animals (2025)

What PMFBY Covers — The Complete Crop Cycle

"PMFBY provides comprehensive coverage to the farmers against many such unforeseen crop losses." — pmfby.gov.in. Coverage spans the ENTIRE crop cycle from before sowing to after harvest — the most complete crop risk coverage of any Indian insurance product.

🌾 PMFBY Coverage Across the Full Crop Cycle
Stage 1
🌱
Prevented Sowing

Unable to sow due to low rainfall or adverse weather. Pre-season coverage — relief before crop even begins.

Stage 2
🌾
Standing Crop Loss

Sowing to harvest. Drought· Flood· Hailstorm· Pest· Disease· Cyclone· Landslide· Lightning· Fire. CCE + YES-TECH yield assessment.

Stage 3
🌧️
Post-Harvest (14 days)

Crops drying in field after cut. Hailstorm· Cyclone· Unseasonal rain. Individual farm assessment up to 14 days.

Stage 4
⛈️
Localised Calamities

Isolated farm events: Hailstorm· Landslide· Inundation. Individual assessment — not area-wide. Specific farm relief.

Stage 5· Add-on
🌿
Mid-Season Adversity

State add-on. Crop facing adversity mid-season requiring re-sowing. Advance relief to farmers.

NEW 2025· State Add-on
🐘
Wild Animal Damage

Elephants· Nilgai· Wild Boar. Individual assessment. At State Govt's cost. PIB Feb 4, 2026 notified.

🌾

Covered Crops — State-Notified Each Season

  • Food crops:Cereals (paddy/rice, wheat, maize, jowar, bajra, ragi, barley), millets, pulses (arhar/tur, moong/green gram, urad, gram/chickpea, masoor/lentil)
  • Oilseeds:Groundnut, sunflower, mustard/rapeseed, soybean, sesame, linseed, castor, safflower
  • Annual commercial crops:Cotton, jute, sugarcane (where notified by State)
  • Annual horticultural crops:Potato, onion, tomato, chillies, ginger, turmeric, banana, areca nut, pineapple — where notified by State Government for that season
  • Important note:Only NOTIFIED crops in NOTIFIED areas are eligible. State Governments notify specific crops and specific areas each season. Check with your district agriculture department or bank to confirm your crop is notified in your area before enrolling.
💡

Inundation Coverage — Important Nuance

"Inundation as a risk cover is available to all notified crops under PMFBY. However, for hydrophilic crops like paddy, jute, mesta, sugarcane, such cover is available except in case of localized claims." — PIB (Feb 4, 2026) confirmed. Paddy, jute, sugarcane naturally tolerate some water — so localised inundation claims are not available for these crops, but area-wide inundation (affecting the entire insurance unit) IS covered.

Owner Farmers· Tenant Farmers· Sharecroppers· Loanee· Non-Loanee

Who Is Eligible for PMFBY?

"All farmers (including sharecroppers and tenant farmers) growing notified crops in the notified areas are eligible for coverage, if they have insurable interest for the insured crops." As of Kharif 2020, PMFBY is VOLUNTARY for all farmers including those with crop loans — a landmark reform that changed the scheme from compulsory to opt-in.

🏦 Loanee Farmers

  • Who:Farmers who have crop loans from financial institutions (banks) for seasonal agricultural operations (SAO).
  • Premium deduction:Premium is automatically deducted from their seasonal agricultural operation (SAO) crop loan account. They don't need to pay separately.
  • Voluntary since Kharif 2020:"Enrolment made voluntary for loanee farmers for first time." — pmfby.gov.in. Previously mandatory, now opt-in. Loanee farmers can choose not to enrol — but it is strongly recommended they do.
  • KCC farmers:Farmers with Kisan Credit Cards (KCC) can easily enrol through their bank. KCC-linked crop loans are automatically enrolled unless the farmer opts out.
  • Non-eligible loans:Crop loans sanctioned against other collateral (FDs, gold, mortgage) without insurable interest on the insured land are NOT covered.

🌾 Non-Loanee Farmers

  • Who:Farmers who have NOT taken crop loans — all voluntary enrolment. This category has seen massive growth: from 20 lakh in 2014-15 to 522 lakh in 2024-25 — a 26× increase in voluntary participation.
  • Where to enrol:Common Service Centres (CSCs), banks, agriculture department offices, insurance company offices, the NCIP portal (pmfby.gov.in), and through brokers like Probitas (022 4302 0000).
  • Sharecroppers and tenant farmers:Must have documents establishing their insurable interest in the crop — tenancy agreement, oral lease declaration, or other accepted State documentation. They grow the crop but may not own the land.
  • 55% voluntary (2023-24):"Non-loanee farmer coverage increased to 55% of total coverage during 2023-24 — showing voluntary acceptability/popularity of the scheme."
📋

Documents Required for PMFBY Enrollment

  • Identity:Aadhaar card (mandatory for DBT/Digi-Claim), voter ID, or PAN card
  • Land records:Khasra/Khatoni (land records) or Saat Baara Utara showing crop being grown
  • Bank account:Bank passbook or cancelled cheque — must be Aadhaar-linked for claim DBT
  • Crop declaration:Self-declaration of crop being sown (some states require Agriculture Department verification)
  • For sharecroppers/tenant farmers:Tenancy agreement or state-accepted declaration of insurable interest in the crop
  • Enrollment deadline:"Strict cut-off dates notified by State Govt." — pmfby.gov.in. Typically: Last date to enrol = 2 weeks before end of sowing season. Missing the cut-off date means no coverage for that season. Call 022 4302 0000 to confirm current cut-off dates in your State.

Threshold Yield· Scale of Finance· 7-Year Data· Indemnity Level

How Is Your PMFBY Claim Calculated?

"The insurance claim size is based on the proportion of shortfall from the threshold yield multiplied by the sum insured." The claim is entirely formula-based — no subjective assessment or negotiation. Three variables: threshold yield, actual yield, and your sum insured.

📊 PMFBY Claim Calculation Formula
CLAIM AMOUNT = [(Threshold Yield − Actual Yield) ÷ Threshold Yield] × Sum Insured
Threshold YieldAverage yield over 7 years (excluding 2 worst years) × Indemnity Level (70%, 80%, or 90%)
Actual YieldMeasured by Crop Cutting Experiments (CCE) conducted by State Govt — being supplemented by YES-TECH satellite data
Sum InsuredBased on Scale of Finance (SoF) notified by District Level Technical Committee (DLTC) for your crop in your district
If Actual Yield ≥ Threshold YieldNo claim payable — crop performed at or above threshold
If Actual Yield = 0 (total crop failure)100% of Sum Insured paid — maximum claim
Example (50% yield loss, ₹35,000 SI)Claim = [(100 − 50) ÷ 100] × ₹35,000 = ₹17,500
💡

Understanding Threshold Yield and Indemnity Levels

  • Threshold yield calculation:"Calculated based on seven-year data (excluding the best and worst years) and indemnity levels." The threshold yield = average of 7 years' CCE data × indemnity level. This is the benchmark below which claims trigger.
  • Indemnity levels:States/districts are classified into three indemnity levels — 70%, 80%, or 90% depending on historical crop risk. A 90% indemnity level means the threshold is set at 90% of the average yield — giving farmers protection when yields fall below 90% of normal. Higher indemnity = better protection = higher actuarial premium.
  • Sum insured basis:Scale of Finance (SoF) = the cost of cultivation per hectare as determined by the District Level Technical Committee (DLTC). This represents the minimum economic value of the crop per unit area — the amount a farmer needs to recover to break even.
  • Area-based assessment:For standing crop losses, yield is assessed at the "insurance unit" level — typically a village panchayat or district, depending on crop and state. If the average yield in your insurance unit falls below threshold, ALL enrolled farmers in that unit receive claims proportionate to the shortfall.

YES-TECH· WINDS· NCIP· Digi-Claim· CCE· Satellite· Drone· UAV

Technology Stack — India's Most Tech-Advanced Crop Insurance

"PMFBY envisages use of improved technology including satellite imagery, drones, Unmanned Aerial Vehicle (UAV) and remote sensing." PMFBY is transforming from paper-based crop cutting experiments to a satellite-driven, AI-assisted, direct-benefit-transfer system — the most technologically innovative insurance product in the entire the insurer portfolio.

🛰️
YES-TECH· Kharif 2023+

Yield Estimation System Based on Technology

"YES-Tech uses satellite imagery to assess yields, reducing disputes and ensuring timely payouts." Gradual migration from CCE to remote sensing. Paddy and wheat from Kharif 2023 (30% mandatory weightage). Soybean added Kharif 2024. Madhya Pradesh: first state with 100% technology-based assessment. Uses satellite imagery, drones, and UAVs for objective yield estimation — reducing farmer disputes and settlement time.

🌦️
WINDS· Weather Network

Weather Information Network and Data System

"WINDS supports not only YES-TECH but also plays a vital role in drought and disaster management, accurate weather forecasting and the development of improved parametric insurance products." Automated weather station network across India providing real-time weather data to support YES-TECH yield estimation, claims processing, and the companion RWBCIS scheme. Enables rapid damage assessment after cyclones, floods, and drought events.

💻
NCIP· National Portal

National Crop Insurance Portal

"End-to-end auto administration of the scheme." — pmfby.gov.in. "NCIP portal is now the sole source of enrolment for PMFBY, ensuring centralised data.Integration with PFMS (Public Finance Management System) from Kharif 2024 to provide timely and transparent processing of all claims." Single platform integrating all 18 empanelled insurers, all banks, state governments, and the Central Government with real-time data.

📱
Digi-Claim· Direct DBT

Direct Benefit Transfer — Digi-Claim

"₹18,596.64 was transferred directly to Ajay's account via the Digi-Claim system." Claim amounts transferred directly to farmer's Aadhaar-linked bank account — bypassing all intermediaries. No branch visits, no paperwork for collection, no delays from middlemen. The most farmer-friendly feature of PMFBY — money appears in the farmer's account within days of claim calculation.

📡 YES-TECH vs Traditional CCE — The Transition

Voluntary 2020· 12% Penalty 2024· Escrow 2025· Wild Animals 2026· ₹69,515 Cr Budget

Key Reforms & 2025–2026 Updates

PMFBY has been continuously improved since its 2016 launch. The most recent reforms address the two biggest farmer complaints: delayed payments and inability to opt out. Both have been addressed — voluntary enrollment since 2020 and an automatic 12% penalty for delays since Kharif 2024.

Kharif 2020 — LANDMARK REFORM

✅ Voluntary for ALL Farmers

"Enrolment made voluntary for loanee farmers for first time in history of crop insurance." — pmfby.gov.in. Previously, all farmers with crop loans were mandatory enrolled. From Kharif 2020, even farmers with crop loans can choose to opt out. Non-loanee coverage grew to 55% of total by 2023-24.

Kharif 2024 — NEW PROTECTION

⚡ 12% Automatic Penalty for Delays

"From Kharif 2024, if there is a delay in claim payment, a 12% penalty is automatically added." The ONLY crop insurance scheme in India with an automatic insurer/state penalty. Paid directly to the farmer. No complaint process needed — the penalty accrues automatically.

Kharif 2025 — SYSTEMIC FIX

🏦 State Escrow Accounts Mandatory

"Opening of ESCROW Account by the State Government for deposit of their premium share in advance has been made mandatory w.e.f. Kharif 2025." — PIB (Feb 2026) confirmed. States must deposit their 50% premium share BEFORE the season starts — eliminating mid-season funding gaps that caused claim delays.

February 4, 2026 — NEW ADD-ON

🐘 Wild Animal Damage Add-on

"States have been allowed to notify the losses by wild animals on individual assessment as add on cover at the cost of State Government." — PIB (Feb 4, 2026) confirmed. Individual farm assessment for crop damage by elephants, nilgai, wild boar etc. State pays the additional premium — farmer has no extra cost.

January 2025 — CONTINUATION

🌾 Scheme Continued to 2025-26

"The Union Cabinet in January 2025 approved the continuation of PMFBY and RWBCIS till 2025-26 with a total budget of ₹69,515.71 crore." Budget 2025-26 allocated ₹12,242 crore for PMFBY — ensuring continued implementation with the same subsidy structure.

Ongoing — CENTRE-STATE REFORM

💰 Premium Subsidy Separation

"The Central Government's premium subsidy has been separated from the State share. This allows farmers to receive the Central share of the claim without waiting for State funds." Structural reform preventing State funding delays from holding up farmers' claim payments.

⚠️

State Opt-Outs — Check If Your State Is in PMFBY

"Several states including Bihar, West Bengal, Jharkhand, and Gujarat have exited PMFBY due to premium subsidy burden, running their own schemes instead." If you are in these states, PMFBY may not be available — but state governments typically offer alternative crop insurance schemes. Contact your local agriculture department or call 022 4302 0000 to confirm which scheme is available in your state and district.

Area-Yield Based vs Weather-Index Based· Two Companion Schemes

PMFBY vs RWBCIS — Which Scheme Applies to You?

"The basic difference between the PMFBY and RWBCIS is in its methodology for calculation of admissible claims to the farmers." Both schemes were launched simultaneously in 2016 and are jointly continued. The key difference: PMFBY measures actual yield; RWBCIS measures weather parameters (rainfall, temperature, humidity).

Feature🌾 PMFBY🌦️ RWBCIS
Claim trigger basisACTUAL YIELD shortfall (area-yield based)WEATHER PARAMETERS (weather-index based)
Measurement methodCrop Cutting Experiments (CCE) + YES-TECH satelliteAutomated weather station data (rainfall, temp, humidity, wind)
Data requirementRequires 7+ years of historical yield (CCE) dataOnly weather station data needed — no yield history
Best suited forFood crops, oilseeds with available yield dataHorticultural crops, areas without CCE history
Settlement speedAfter yield data confirmed (CCE/YES-TECH cycle)Potentially faster — based on weather station data
Premium structure2% / 1.5% / 5% farmer share (same)2% / 1.5% / 5% farmer share (same)
Basis riskLower — based on actual yield in your areaHigher — weather may not perfectly correlate with crop loss
the insurer implements?✅ YES — as empanelled insurer✅ YES — as empanelled insurer
Which scheme for your area?Determined by the State Government for each crop and area. If your crop/area has 7+ years of CCE data → PMFBY. If insufficient yield history → RWBCIS. Both have identical premium structure for farmers. Contact your agriculture department or call 022 4302 0000 to confirm which scheme covers your crop in your district.

IBEF + Official PMFBY Guidelines + pmfby.gov.in

What PMFBY Does NOT Cover

PMFBY covers NON-PREVENTABLE natural risks only. Deliberate acts, war, theft, and risks from government action are excluded. The scheme also does not cover crops or areas that are not specifically notified by the State Government for that season.

War & Nuclear Risks

"Loss or damage to notified insured crops due to war, nuclear risks, malicious damage, and other preventable risks is excluded from the scope of coverage." Standard universal exclusion across all PMFBY-implementing insurers.

Malicious Damage by the Farmer

If the farmer intentionally damages their own crop — such as setting fire to crops to claim insurance — the claim is excluded as malicious damage. PMFBY covers non-preventable natural risks; deliberate acts are outside the scheme's scope.

Preventable Risks

Losses from risks that the farmer could have reasonably prevented — such as failure to control a localized pest infestation despite timely warning by agriculture department — may be subject to scrutiny. PMFBY covers risks that are genuinely non-preventable under normal farming practices.

Non-Notified Crops or Areas

Crops that are not notified by the State Government for that season in that area are NOT covered — even if they are listed as PMFBY-eligible crop types nationally. Notification is done season-by-season, district-by-district. Always verify your specific crop is notified before enrolling.

Beyond 14-Day Post-Harvest Window

Post-harvest coverage applies only for up to 14 days (two weeks) after harvesting — and only for crops that are required to be dried in the field (cut-and-spread or small bundles). Once crops have been stored or transported, further losses are not covered.

Farmers Without Insurable Interest

Farmers who do not have insurable interest in the crop — i.e., they have no legal or economic stake in the crop's success — cannot enrol under PMFBY. Sharecroppers and tenant farmers CAN enrol, but they must demonstrate their insurable interest through documentation.

Government Action / Seizure

Losses arising from government action — such as crop seizure, destruction ordered by authorities for disease control, or forced harvesting — are typically excluded. The scheme covers natural calamities and risks outside the farmer's control, not government policy decisions.

Theft, Burglary & Non-Natural Causes

Theft of standing crops or harvested produce, destruction by trespassers, and other non-natural causes of loss are excluded. PMFBY exclusively covers weather-related and natural risk events — fire, flood, hailstorm, drought, pest, disease — not human-caused damage from third parties.

72 Hours· Aadhaar-Linked DBT· CCE + YES-TECH· NCIP Portal

How to File a PMFBY Claim

PMFBY has two distinct claim mechanisms: (1) Area-based yield claims for standing crop loss — automated through CCE/YES-TECH assessment, no individual farm visit needed. (2) Individual assessment claims for localised damage and post-harvest losses — requires 72-hour intimation. Claims paid via Digi-Claim directly to bank account.

Step 1 — Intimation Within 72 Hours

For localised damage, post-harvest losses, and wild animal damage: "Farmers may intimate the details of the loss within 72 hours of the calamity either to the insurer or the concerned bank or local agriculture department." — Bajaj General (PMFBY partner) confirmed. For standing crop losses: area-based assessment by State Govt — no individual intimation needed, but informing is advisable.

📋

Step 2 — State Yield Assessment

For standing crop loss (the largest claim category): State Government conducts Crop Cutting Experiments (CCEs) to determine actual yield in the insurance unit. YES-TECH satellite data supplements from Kharif 2023 (30% weightage). Both data sources fed into the NCIP portal for automatic claim calculation.

💻

Step 3 — NCIP Auto-Calculation

NCIP portal automatically calculates claim amounts using the formula: (Threshold Yield − Actual Yield) ÷ Threshold Yield × Sum Insured. The integration with PFMS (Public Finance Management System) from Kharif 2024 enables transparent, traceable fund flow. Claim amounts are auto-generated for all eligible enrolled farmers in affected insurance units.

💰

Step 4 — Digi-Claim DBT Payment

Calculated claim amounts transferred directly to farmer's Aadhaar-linked bank account via Digi-Claim. "It was a relief — my family could breathe easy." — Ajay (UNDP case study, MP, 2023). No need to visit bank, insurance company, or government office. Penalty: "From Kharif 2024, if there is a delay, a 12% penalty is automatically added" — protecting farmers from insurer/state delays.

📱

Track via NCIP Portal

Check enrollment status and claim status at pmfby.gov.in using your policy number or Aadhaar. "Visit your local agriculture department or bank that processed your policy and request a quick PMFBY status check." PMFBY helpline available on the NCIP portal for queries. Probitas can also assist: 022 4302 0000.

📱

How to Enroll for PMFBY via the insurer / Probitas

  • Through your bank (loanee farmers):If you have a Kisan Credit Card (KCC) or seasonal crop loan, your bank automatically enrolls you in PMFBY — premium deducted from your loan. Confirm enrollment and ask for the policy certificate from your bank.
  • Through CSC (Common Service Centre):Visit your nearest Common Service Centre (CSC / Jan Seva Kendra) with your Aadhaar, land records, and bank account details. CSC operator completes enrollment on the NCIP portal and issues a digital policy.
  • Through Probitas / the insurer directly:Call 022 4302 0000 or contact@takemyinsurance.com — Probitas will guide you through the insurer-specific enrollment for PMFBY in your state, verify your crop is notified, confirm the cut-off date, and ensure your policy is correctly issued with Aadhaar-linked DBT setup.
  • Through NCIP portal:pmfby.gov.in — online self-enrollment available for farmers with Aadhaar-linked accounts and digital land records. Farmer login facility available on the portal.

PMFBY Frequently Asked Questions

Frequently Asked Questions

PMFBY is India's flagship government crop insurance scheme launched February 18, 2016. It replaced three older schemes that had low farmer satisfaction, capping farmers' premium at an affordable 2%/1.5%/5% while Government pays 95–98.5% of actual premium.

Three schemes replaced:
1. National Agricultural Insurance Scheme (NAIS) — had high farmer premiums, slow claims
2. Modified National Agricultural Insurance Scheme (MNAIS) — improved but still complex
3. Weather-based Crop Insurance Scheme (WBCIS) — weather-index based, merged into RWBCIS

Key improvements over NAIS/MNAIS:
→ Uniform premium across India ("One Nation, One Crop, One Premium") vs state-specific rates
→ Government subsidises 95–98.5% of actuarial premium vs lower subsidies before
→ Coverage from pre-sowing to post-harvest (NAIS covered only standing crop)
→ Technology-based assessment (YES-TECH) vs only manual CCE
→ Direct DBT via Digi-Claim vs paper-based disbursement
→ Voluntary for all farmers since Kharif 2020
→ 12% automatic penalty for claim delays since Kharif 2024

Scale achieved:
"As of 2023, PMFBY is deemed to be the largest crop insurance scheme in the world in terms of farmer enrolments." — IBEF. 78.4 crore applications insured, ₹1.83 lakh crore claims paid since inception to June 2025. Call 022 4302 0000 for PMFBY enrollment assistance.
"One Nation, One Crop, One Premium" — uniform farmer premium across India regardless of location.


Kharif food and oilseed crops: 2% of sum insured
Rabi food and oilseed crops: 1.5% of sum insured
Annual commercial and horticultural crops: 5% of sum insured

What the Government pays:
"However, 95–98.5% actuarial premium is fulfilled by the state and central governments and shared on a 1:1 ratio." — IBEF. The actual insurance company's actuarial rate is much higher — Government pays the entire difference. 50% from Central Government and 50% from State Government.


Sum insured: ₹35,000 | Crop: Kharif (2%)
Actuarial premium charged by insurer: ₹4,000
Farmer pays: 2% × ₹35,000 = ₹700 (or up to ₹800)
State Government pays: ₹1,600
Central Government pays: ₹1,600

"₹50,000 crop value → farmer pays ₹1,000 (2%) → Govt pays ₹9,000 → Total ₹50,000 protected" — AgriJoy (2026)

For loanee farmers:
Premium is automatically deducted from the seasonal agricultural operation (SAO) crop loan — no separate payment needed.

GST exemption:
PMFBY premiums are fully exempt from GST for farmers.

Call 022 4302 0000 for exact premium calculation for your specific crop and district sum insured.
PMFBY covers food crops, oilseeds, annual commercial, and annual horticultural crops — but only those specifically NOTIFIED by your State Government each season for your area.


Food crops: cereals (rice, wheat, maize, jowar, bajra, barley), millets, pulses (arhar, moong, urad, gram, masoor)
Oilseeds: groundnut, sunflower, mustard, soybean, sesame, linseed
Annual commercial: cotton, jute, sugarcane (where notified)
Annual horticultural: potato, onion, tomato, chillies, banana, areca nut, ginger, turmeric

The notification requirement:
"Farmers should have insurable interest for the notified/insured crops. Strict cut-off dates notified by State Govt." — pmfby.gov.in. State Governments decide which specific crops are notified in which specific areas each Kharif and Rabi season. A crop may be eligible nationally but not notified in your district.


"Several states including Bihar, West Bengal, Jharkhand, and Gujarat have exited PMFBY." These states have their own alternative crop insurance schemes. If you are in these states, PMFBY through the insurer may not be available — contact the state agriculture department for the applicable local scheme.

the insurer's PMFBY footprint:
the insurer is one of 18 empanelled insurers. Specific states and seasons where the insurer is selected as the implementing insurer vary — States bid out PMFBY implementation to empanelled insurers each season.

Call 022 4302 0000 to confirm if PMFBY is available in your state and if the insurer is the implementing insurer for your crop and district this season.
"The basic difference between the PMFBY and RWBCIS is in its methodology for calculation of admissible claims to the farmers."

PMFBY (Pradhan Mantri Fasal Bima Yojana) — Area Yield Based:
→ Claim based on ACTUAL YIELD shortfall measured by Crop Cutting Experiments (CCE) + YES-TECH
→ Threshold yield = average of 7 years' CCE data × indemnity level
→ Requires historical yield data from CCEs for at least 7 years
→ Lower basis risk — claim directly reflects actual yield loss in your area
→ Suitable for major food crops with established CCE history (rice, wheat, pulses, oilseeds)

RWBCIS (Restructured Weather Based Crop Insurance Scheme) — Weather Index Based:
→ Claim based on WEATHER PARAMETERS (rainfall, temperature, humidity, wind speed) at weather stations
→ No yield data needed — only weather station data required
→ Potentially faster claim settlement — weather data is available in real-time
→ Higher "basis risk" — weather parameters may not perfectly reflect actual crop loss on your farm
→ Used for crops/areas without sufficient CCE history, and for horticultural crops

Same premium structure:
Both schemes have identical farmer premium rates: 2%/1.5%/5% for Kharif/Rabi/Commercial. Same government subsidy structure (50:50 Centre-State).

Which applies to you?
Determined by your State Government — based on crop and area. You cannot choose between the two; the State notifies which scheme applies for each crop in each area. Call 022 4302 0000 for confirmation.
YES — PMFBY has been VOLUNTARY for ALL farmers (including loanee farmers) since Kharif 2020. You can opt out even if you have a crop loan.


"Enrolment made voluntary for loanee farmers for first time in history of crop insurance." — pmfby.gov.in. Previously, all farmers with seasonal agricultural operation (SAO) crop loans were automatically enrolled and could not opt out.

What changed in Kharif 2020:
→ Loanee farmers can now formally opt out before the cut-off date
→ Non-loanee farmers have always been able to voluntarily enrol
→ Both categories now have complete freedom of choice


"Non-loanee farmer coverage increased to 55% of total coverage during 2023-24 — which shows the voluntary acceptability/popularity of the scheme." The fact that voluntary enrollment has exploded (from 20 lakh to 522 lakh non-loanee applications) shows farmers WANT to be enrolled when it's their choice.

Should you opt out?
Consider the risk: Shri Lal Krishnesh of Kerala paid ₹20,000 in PMFBY and received 9× his premium when his crop failed. For a farmer paying ₹1,000 for ₹50,000 of protection, the opt-out decision must weigh a ₹1,000 saving against potentially losing ₹50,000 of crop value.

Call 022 4302 0000 — Probitas will help you understand the specific coverage available for your crop in your district and assist with enrollment or opt-out as you choose.
"The insurance claim size is based on the proportion of shortfall from the threshold yield multiplied by the sum insured." The formula is completely objective and automatic.

The claim formula:
CLAIM = (Threshold Yield − Actual Yield) ÷ Threshold Yield × Sum Insured

Threshold Yield (benchmark):
Calculated using 7 years of Crop Cutting Experiment (CCE) data for your crop in your insurance unit (usually a village panchayat), excluding the 2 worst years and then multiplied by the indemnity level (70%, 80%, or 90%). Example: if average yield over 7 years (excluding 2 worst) = 2 tonnes/hectare with 80% indemnity → threshold = 1.6 tonnes/hectare.

Actual Yield:
Measured by the State Government through CCE (physical crop cutting and measurement) conducted just before harvest, supplemented by YES-TECH satellite data from Kharif 2023 (30% mandatory weightage).

Sum Insured:
Based on the Scale of Finance (SoF) for your crop in your district — set by the District Level Technical Committee (DLTC) to represent the cost of cultivation per hectare. This is the maximum you can receive as a claim.

Examples:
Total crop failure (0 yield): Claim = (TY − 0) ÷ TY × SI = 100% of SI → full claim
50% yield loss: Claim = 50% × SI → half of sum insured
Yield at threshold: Claim = 0 → no claim payable

For localised damage and post-harvest losses, individual farm assessment determines the actual loss, and claim = loss fraction × sum insured. Call 022 4302 0000 for assistance with claim calculation.
"From Kharif 2024, if there is a delay in claim payment, a 12% penalty is automatically added." This is the only crop insurance scheme in India with an automatic delayed payment penalty.

How it works:
→ Claim calculation is completed by the insurer/NCIP portal
→ If payment is not made within the stipulated timeline, 12% annual interest penalty is automatically triggered
→ The penalty is paid TO THE FARMER — not to the government
→ No complaint process needed — the penalty accrues automatically

Who is penalised?
Both the insurance company AND the State Government can face penalties: "If there is a delay in claim payment, a 12% penalty is automatically added. The Central Government's premium subsidy has been separated from the State share. This allows farmers to receive the Central share of the claim without waiting for State funds."

Why this matters:
Before this reform, delayed claim settlement was one of the biggest farmer complaints about PMFBY. IMPRI (Nov 2025): "Delays in claim payment still happen; the new rule (12% penalty on delays) reflects this challenge." The penalty is designed to create a financial incentive for timely settlement — insurance companies and state governments bear the cost of delay.

Escrow account reinforcement (Kharif 2025):
"Opening of ESCROW Account by the State Government for deposit of their premium share in advance has been made mandatory." — PIB (Feb 2026). Combined with the 12% penalty, this creates a comprehensive framework for ensuring timely claim settlement.

If your PMFBY claim is delayed, call 022 4302 0000 — Probitas will assist with escalation to the insurer and relevant authorities.
PMFBY covers NON-PREVENTABLE natural risks only. The following are explicitly excluded:


→ War and nuclear risks
→ Malicious damage by the farmer (deliberate crop destruction)
→ Other preventable risks — losses from acts the farmer could reasonably prevent
→ Crops/areas NOT notified by State Government for that season
→ Farmers without insurable interest in the crop
→ Losses beyond 14 days post-harvest (for eligible crops)
→ Government action/seizure of crops
→ Theft, burglary, and human-caused damage (non-natural)

Important nuances:
Wild animal damage: Previously excluded as "preventable" — but from February 4, 2026, States can now notify wild animal damage as an add-on at State cost. So what was an exclusion is now optionally coverable at the State Government's discretion and expense.

Non-notified crops: A crop might be an eligible PMFBY crop nationally but NOT notified in your specific district for this season. Always verify with the agriculture department that your crop is notified before enrollment — otherwise no claim can be paid.

Hydrophilic crops and inundation: "For hydrophilic crops like paddy, jute, mesta, sugarcane, inundation cover is available except in case of localized claims." — PIB (Feb 2026). Area-wide inundation: covered. Localised inundation of just your paddy field: not covered for hydrophilic crops.

Call 022 4302 0000 for a specific coverage analysis for your crop and risks.
YES-TECH (Yield Estimation System Based on Technology) is PMFBY's transition from manual crop cutting experiments to satellite/drone-based yield estimation — faster, more objective, less disputed.

PIB (Feb 2026) confirmed:
"Gradual migration to Remote-Sensing based yield estimation to help assess yields as well as fair and accurate Crop Yield Estimation."

How YES-TECH works:
→ Satellite imagery from government and commercial satellites captures crop conditions across large areas
→ Drone surveys provide high-resolution data for specific areas
→ UAVs conduct systematic surveys of crop conditions
→ Algorithms process this data to estimate yield across the insurance unit
→ Data fed directly into NCIP for automatic claim calculation

Current rollout status:
→ Paddy and wheat: mandatory 30% weightage from Kharif 2023
→ Soybean: added from Kharif 2024
→ Madhya Pradesh: first state with 100% technology-based assessment
→ Most states: still 70% CCE + 30% YES-TECH

WINDS (companion technology):
"WINDS (Weather Information Network and Data System) supports YES-TECH and plays a vital role in drought and disaster management, accurate weather forecasting and the development of improved parametric insurance products."

Farmer benefit:
"YES-Tech uses satellite imagery to assess yields, reducing disputes and ensuring timely payouts." Objective, verifiable data that both farmers and insurers can see — reducing the potential for disputed yield estimates that previously delayed settlements.
PMFBY enrollment through the insurer can happen via four channels: your bank (if you have a crop loan), Common Service Centres (CSCs), the NCIP portal directly, or through Probitas/the insurer directly.

Documents needed:
→ Aadhaar card (MANDATORY for DBT/Digi-Claim setup)
→ Land records: Khasra/Khatoni or Saat Baara Utara showing the crop being grown
→ Bank account details (passbook or cancelled cheque) — must be Aadhaar-linked
→ Crop sowing declaration (self-declaration in most states)
→ For tenant/sharecropper farmers: tenancy agreement or state-accepted declaration of insurable interest

Enrollment channels:
1. Through your bank: Farmers with KCC/crop loans — ask your bank manager. Premium deducted from crop loan automatically after confirmation.
2. Common Service Centre (CSC): CSC operator completes enrollment on NCIP portal using your documents. Fastest for non-loanee farmers in rural areas.
3. NCIP portal: pmfby.gov.in — online enrollment with Aadhaar and digital land records.
4. Through Probitas/the insurer: Call 022 4302 0000 or contact@takemyinsurance.com. Probitas will confirm your crop is notified in your district, verify cut-off dates, complete the insurer enrollment, and ensure Aadhaar-linked DBT is correctly set up for claim receipt.

Cut-off dates — CRITICAL:
"Strict cut-off dates notified by State Govt." — pmfby.gov.in. The enrollment window is typically 2 weeks before the end of the sowing period. Missing the cut-off = no coverage for that season. Cut-off dates vary by state, district, and crop. Contact Probitas immediately at 022 4302 0000 to confirm current cut-off dates for your area.

Enroll in PMFBY via the insurer through Probitas

PMFBY Enrollment Assistance Form

Contact Probitas for assistance enrolling in PMFBY through the insurer. Our agricultural insurance specialists will confirm your crop is notified in your district, check cut-off dates, complete the insurer enrollment, and ensure your Aadhaar-linked bank account is set up for direct claim payment via Digi-Claim.

🌾 Farmer & Crop Details

By submitting you agree to our Privacy Policy and Terms & Conditions. PMFBY is a Government of India scheme. the insurer is an empanelled implementing insurer. Probitas Insurance Brokers Pvt. Ltd. assists with enrollment and claim support. Premium paid by farmers is subsidised by the Government — actual amounts depend on your crop, district, and State Government notification. Aadhaar number is collected solely for DBT linkage verification. IRDAI Lic. No. 528.

🌾🛡️ Every Crop. Every Season. Every Farmer. India's Largest Protection.

Pradhan Mantri Fasal Bima Yojana (PMFBY)· the insurer Crop Insurance· Kharif 2%· Rabi 1.5%· Commercial 5%· 78.4 Cr Farmers Insured· ₹1.83L Cr Claims Paid· Direct DBT· YES-TECH· 12% Penalty for Delays· Voluntary for All· 022 4302 0000

⚠️ Disclaimer: The information and product comparisons displayed on this platform are intended solely for general informational and evaluation purposes, and do not constitute a legal offer or binding insurance contract. Specific policy features, premium rates, riders, and underwriting guidelines are determined exclusively by the respective general insurance carriers and may vary significantly based on the insurer, product tier, and location across multiple Indian states. All quotes and premium calculations generated on this website are indicative estimates based on preliminary data and do not guarantee final underwriting approval or policy issuance by the insurer. For comprehensive details regarding specific coverage terms, limits, and permanent exclusions, please refer directly to the official sales brochure and policy wording issued by the respective insurance company, which will take absolute legal precedence in the event of any discrepancy or dispute.