Farmers will get Rs 36000 every year, know how?

New Delhi: The PM Kisan Mandhan Yojana is designed to ensure farmers’ prosperity in old age. If you are associated with agriculture, you can arrange for a pension to be paid every month. Under the government’s PM Kisan Mandhan Yojana, after the age of 60, a pension of Rs 3,000 will be provided monthly, which is expected to be sufficient to support individuals financially.

If you want to join this scheme, you can understand some important things, which will help alleviate your confusion. How will you benefit from a pension of Rs 3,000? After which, you will have to read the article carefully. Stay informed about the critical updates related to the scheme.

These farmers will get a pension every month.

PM Kisan Mandhan Yojana aims to provide a monthly pension of Rs 3,000 to farmers. To join this scheme, your name must first be listed in the PM Kisan Samman Nidhi Yojana. Your minimum age must be 18 years, and your maximum age must be 40 years. The younger you join, the less investment you will have to make. If you participate in the 18th, you will have to invest Rs 55 per month.

At the age of 30, you will have to invest Rs 110 per month. If you join at the age of 40, you will have to invest up to Rs 220 per month. From the age of 60, a pension of Rs 3,000 will be paid monthly. You will be given a pension of Rs 36,000 per year.

How to apply?

First, farmers will need to visit the nearest Common Service Centre.

Then you will have to take your bank passbook and Aadhaar card with you.

After this, you will need to fill out the online form on behalf of the village-level entrepreneur.

Then, you will need to fill in your Aadhaar number, address, mobile number, your husband’s or wife’s name, nominee’s name, etc.

After this, the beneficiary will need to allow auto-debit from their bank account on a fixed date every month for the instalment amount to be deducted.

Then the bank will deduct this money from your account on behalf of LIC. After this, the bank officials will check all the information.
Then the Enrolment cum Debit mandate form will be scanned and uploaded.
Then you will easily obtain your unique pension number.