PM Kisan Maandhan Yojana: Government Assures ₹3,000 Monthly Pension for Small and Marginal Farmers

The PM Kisan Maandhan Yojana is a major social security initiative by the central government aimed at securing the future of small and marginal farmers. While salaried employees plan their retirement early, farmers often lack structured pension support. This scheme ensures a fixed monthly pension of up to ₹3,000, offering financial stability in old age.

What Is PM Kisan Maandhan Yojana?

PM Kisan Maandhan Yojana is a voluntary pension scheme designed especially for economically weaker farmers. Its core goal is to provide a steady income after retirement, helping farmers live with dignity and without financial stress once they turn 60.

How the Scheme Benefits Farmers

• Assured monthly pension of up to ₹3,000
• Financial independence after 60 years of age
• Government-backed and reliable pension support
• Ideal for farmers with limited savings

Eligibility Criteria for PM Kisan Maandhan Yojana

To enrol in the scheme, farmers must meet the following conditions:

• Age should be between 18 and 40 years at the time of registration
• Must be a small or marginal farmer owning up to 2 hectares of land
• Land records should be officially registered with the state or central government

Monthly Contribution Details

Farmers need to contribute a small monthly amount to join the scheme:

• Monthly premium ranges between ₹55 and ₹200
• Contribution depends on the farmer’s age at the time of enrolment
• Earlier registration means lower monthly contribution

Documents Required for Registration

• Aadhaar card
• Bank passbook
• Land ownership documents
• Passport-size photograph

How to Apply for PM Kisan Maandhan Yojana

Farmers can register easily by visiting their nearest Common Service Centre (CSC). The entire process is simple and assisted by CSC officials. Farmers can also use the funds received under PM Kisan Samman Nidhi Yojana to pay their monthly contributions.

When and How Will Pension Be Paid?

Once the farmer completes 60 years of age, the pension amount will be directly credited to their bank account every month. The assured pension of up to ₹3,000 provides long-term financial security and reduces dependence on others in old age.

Why This Scheme Matters

PM Kisan Maandhan Yojana is a crucial step towards empowering farmers beyond their working years. By encouraging early enrolment and disciplined savings, the scheme ensures that farmers can enjoy a secure and worry-free life after retirement.