According to reports, this significant amount of ₹2,000 could be credited to your bank account this festive season, i.e., by Dhanteras or Diwali. However, many farmers have serious misconceptions about the scheme’s installments, which results in their money getting stuck. Here, we’re completely dispelling these 5 biggest misconceptions so you can receive benefits without any interruptions.
5 Biggest Misconceptions About the PM Kisan Yojana and Their Truth
The PM Kisan Yojana is a lifeline for farmers, but due to incomplete information, many are unable to fully benefit from it.
Does the money only come with a bank account?
It’s a misconception that farmers won’t receive the money if they don’t have a bank account. The truth is that after filling out the PM Kisan Yojana form, the money is transferred directly to any verified bank account via DBT (Direct Benefit Transfer). Your account must be updated and linked to your Aadhaar. If your account isn’t updated, contact your district agriculture office or CSC center immediately.
Are only farmers who are cultivating crops eligible for benefits
Many people think that farmers who are cultivating crops for the first time will not be eligible for this scheme. This is completely wrong. All eligible farmers, whether they are growing new crops or already cultivating, can benefit under this scheme. The essential condition is that their application and land records must be submitted correctly and on time.
Does the PM Kisan installment arrive on a fixed date every year
Farmers often assume that the money will arrive on a fixed date every year. But this is not the case. Installment release dates are only approximate. For example, in 2023, the 21st installment arrived on November 15, while in 2024, it was released on October 5. Due to natural disasters like floods, farmers in Jammu and Kashmir, Punjab, Himachal Pradesh, and Uttarakhand have already received payments this year. The remaining states are hopeful of receiving the money by Diwali or Dhanteras.
If you received the money last year, will you receive it automatically this year too
This is a serious misconception. Last year’s beneficiaries think they will receive the money automatically every year. But the truth is that it’s necessary to update the application and verify the data every year. Your bank account, mobile number, and land records must be completely accurate. Without updates, your money may be stuck.
If you didn’t receive the previous installment, won’t you get the next one
This belief is wrong. Under this scheme, each installment is released separately. If you didn’t receive the previous installment due to a technical glitch or lack of KYC, the next installment can still be credited to your account, provided you have fully met all the eligibility criteria.